The herald., 1916-02-03
CHARTER

OF NEW ORLEANS PAINT & COLOR
CO., INC"
| United States of America, State of Louisiana
| Parish of Orleans, City Of New Orleans.
| Be II known, that on this thirty-iirst day of
| the month of December, in the year of our
Lord, one thousand nine hundred and fifteen,
and OF the independence of the United States
of America, the one hundred and fortieth,
before me, Theodore A. Schuber a notary
public, in and for the parish of Orleans,
State OF Louisiana, duly commissioned, sworn
and qualified, and in the presence Of the
witnesses hereinafter named and under
signed, personally came and appeared: The
several parties whose names are hereunto
| subscribed, and severally declared that, avail
ing themselves of the laws of the State of
louisiana, in such cases made and provided,
they have covenanted and agreed, and do by
these presents covenant and agree and bind
| themselves, as well other persons, who
may hereafter become associated with them
selves, to form corporation and body polite
in law, and for the objects and purposes, and
under the articles and stpulations following,
to-wit:
shall be New Orleans Paint & Color Co,
Inc and under its said corporate name
shall have power and authority to enjoy cor.
porate existence and succession for the full
term OF ninety nine years, from and after the
date hereof, 10 contract, sue and be sued, sto
make and use a corporate seal, TO alter and
break at pleasure, to hold 10 receive, hypeth-
ecate, convey, sell, lease pledge real and
personal property TO issue negotiable bonds
and notes, or other evidence of debt to name
and appoint such managers, agents, directors
and officers as its business interest and con-
venlerce may require; to make and establish
as well as to alter and amend from time to
time, such bylaws, rules and regulations for
the proper government of the affairs OF this
corporation, as may be necessary and proper.
Article 1.-THE objects and purposes for
which this corporation is organized, and the
nature OF the business to be carried on by
II are declared to be, the importing, export
ing, manufacturing, buying and selling
paints varnishes, glass, and such articles as
are generally used in the paint business, and
to do and transact general paint business
for its own account, and for the account of
others, on commission or otherwise, and to
do and perform all things incidental to said
business.
Article III.-The capital stock of this cor.
poration is hereby fixed at the sum Of twenty
thousand (S20,O00O0) dollars, divided into and
represented by two hundred GOO shares of
stock at the par value Of one hundred $4,000
dollars per share. Said stock shall be paid
for in cash, or property actually received by
the corporation. The capital stock Of this
corporation may be increased 10 the sum of
thirty thousand ($6,00.OO dollars This
corporation shall be going concern, as soon
as at least the sum of FIVE thousand (Ss,OOO)
dollars is paid in cash.
Article IV-The domicile of this CORPORA
ton shall be in the city of New Orleans, and
State Of Louisiana, where all meetings of
the stockholders or directors must be held.
provided that with the written consent of all
the directors valid meetings of the direc-
tors may be held outside of the state, or
within the state, elsewhere than at its domi.
Gle. Citation shall be served upon the pres-
dent, or IN his absence or disability upon
the vice-president
Article V.-All the powers of this corpor.
alton shall be vested in and its business shall
be managed by a board of directors, con-
sisting Of three stockholders Of this corpora
ton; and the names and post Office addresses
OF those selected 10 serve for the first year
or until their successors have been duly
elected and qualified, are as follows: Rudolph
ID. Bernhard, president, 1927 Pine Street,
New Orleans, La; Earl R. Bernhard, vice
president, 1927 Pine Street, New Orleans
La; Joseph d. Purcell, secretary treasurer,
corporation shall have a president, a vice
president. and a secretary treasurer, and such
other othcers, agents and employees as the
board Of directors may from time 10 time de-
termine, whose duty shall be fixed by the
said board.
The board Of directors shall have power TO
make all bylaws, rules and regulations for
the corporation. Any vacancies in the Off
GERS and directors shall be filed by the re-
naming directors.
Article Vino stockholder shall ever be
held liable or responsible for the contracts
faults or debts Of this corporation, nor shall
any mere informality in its organization have
the effect of rendering this charter null, or
OF exposing its stockholders to any liability
beyond the unpaid balance due on the stock
owned by them.