The herald. [volume] (New Orleans, La.) 1905-1953, 1917-02-15

. a'n 'I this city rs OF date ot January !,
. 1917. and shown by the inventory annexed
F. hereto as part hereof; this company accepts
! same, ayn"1". r. ltr, du" delivery thereof dni
! in further consideration t.cfei1E assumes the
..."..H,s ,agre.- -,.r.,., ......,
! I.''N'N' share, 'l.' PAID. shall De Issued
/ CD krwy Charles, subscriber hereto for sail
/ .u".rer 1i shares. On 'u~'Is'at.nn W1ef"'t
! .le said ks"g ,..~.r- hereby sells, assigns;
/ .-'e-e-. I'm and SEQ far assets and stock IN
! .-a.r u gHc hardware business heretofore
conducted by Drank 4. bH.t, as evidenced
/ ng tG a.. u sal. .y Frank E. Dgy'e 90 Eemy
| Charles, # date 81 january p. lHl7 and the
| Inventory attached hereto ae Iar- hereof;
/ chs company accepts the same, d. NHo" lodges
/ dae delivery thereof auI 3. further Cpn,5d-
! '-a" ." thereto. assumes '.' '.t'uIue' ihcTc-
| Of.
4 I.r'y-,H' shares 'u. PAID, shall be- issued
T. iar J.. kue1 subscriber hereto for sand
| ;fr said Car. J.. Kush hereby sells, assigns,
! sets over and deliver, all Of his undivided
! interest m and To- the assets ami s.,-S IN
| .raic 81 the Aa:dN are business formerly con-
! 4lr.ea by Frank Z. DAVE IN TINS CITY as
| fi date u January l. Hb. q, evidence 10y
/ ID" .'.. ~ SilG ny ,A' ',ii INK =. D"NiS
| 3. 'a.l /. Ruch Of Site January u, 'lI. and
/ inc. inventory annexed hereto aa part hereof,
! and tins company accepts same and ayEuow-
/ .e'-C~ due dc.,vr-v thereof and an further
| ..'~.ar'-''.' ;trrrt'- assumes the Ha1iI-
/ trN .H'TrHi.
And the 1p2earerS being all OF the sub
| S.f.1tE, hereto and officers hereof to-wit:
! Frank 4. DuylC, Kenny Charles and Carl J..
/ Ru.I, being by me first duly sworn, dcposc
/ ana say. to1' the property lcrc ua1.vc trans
J ieTEEl o. TINS company by sad Frank &.
/ Duylc, Kenny CHARLES and Carl l.. Ruch IS
! well k"3Wn % them, and that they. and each
! % them vllur and tppra'-c the ~t"c ~ he
! sum '. seventeen thousand hvc hundred dol
| Jars, and further declare that the capital
| stock ISSUED 3D. each OF them respectively,
| CONS sting "I al! the capita. stock OF this
! corporation. 4a> been fully paid Tor.
| NJ >;urh1n.dcr shall have the right 10 dis
! pose of has stock IN this company without
! having first offered u IN writing At its then
/ book value, 20 the board Of directors, who
| may purchase same for the company and
! may ne retired or rcisSucd as trcaSureTs
/ stock by the board Of directors,
| trrlhCates Of stock shall! be signed by
| :Ac president or yrCc-prcS dent, and the sec
! Rotary or secretary treasurer, If one officer.
! .A~cllc lN.-Ihc .domicile Of this corpora
| ton Is hereby uNcd IN the city Of New Or
| leans, Louisiana. All citations shall be
! served on is president, and IN ms absence
On its vice-presiden,, and in the absence Of
| o2A on the SecTetary-tfcasurer, II one otf'-
! Ger, u Two, on the secretary, and in the
| absence Of all three on the treasurer.
| Aruc!e Wins corporation under this
! porate name shall have the right TO have and
| enjoy succession Tor ninety. nine years from
| The date Of this charter; TO sue and be sued
| in any court OF competent jurisdiction; to
make and use common seal and 20 alter
| the same at pleasure; 70 acquire property,
| real, personal and mixed in and out of the
| state OF LOUISIANA By grant, gift, purchase,
| and 70 devise or bequest; to lease, hold
| and dispose of, and 70 mortgage and pledge
| the same; to appoint such officers and agents
| as the business Of the corporation may
| qulre; to INK their compensation and TO dis
miss at its pleasure; to increase or diminish
| ITS capital stock Crowded that the capital
stock Of this corporation may be increased
| to not more than fifty thousand dollars; to
make bylaws, not inconsistent with any ex-
| sting law, INK or alter the management of
| rs property, the regulation and government
OF us ahdiTs, and the manner OF its certI-
hcation and registration of its stock; to
! acquire ana hoId stock IN other corporations,
ment for capital stock in other corporations
ana 10 sell, hypothecate or pledge such stock;
| 70 acquire ItS own stock by purchase or
| otherwiSe and TO dispose OF or retire same,
provided that the capital stock Of this cor
| Pofauon shaiI not be diminished below the
| amount provided by law; to conduct bust
ness IN tnis state. other states. the Federal
| lisUiS's, me leTTltories and possessions OF
| the United States, and IN foreign countries;
| 70 WIND up and dissolve itself, and generally
| 20 ENJOY an rights privileges and immuni-
les granted by law 10 such corporations.
! Article Wall the corporate powers of
uls corporation shaIl be vested IN and ex-
creased by board OF directors, TO be COM
posed OF three stockholders, each of whom
| ,haH own IN ms own right not less than one
| 'Il Pdld ana unpledged snare OF stock, to be
elected by the stockholders annually begin
MrS al me annual meeting OF 1918.
| Inc DoaTd Of directors snail at its FIRST
| meeting aiter me annual election elect from
Their own number president, vice-presi-
IuTHI ana shaIl eject secretary treasurer
WHO hetu not De stockholder, or may elect
d secretary ana treasurer, neither OF whom
| HSTd De stocknoider.
| me hFSt BOARD OF directors shall consist
Oh FRANK =. Duylc. residing at 1913 Morgan
| street IN ms CRY, Kenny Charles, residing
d. nc 91luell avenue IN TINS city, and Carl
| L.. Nuch' residing at Isl Baronne street an
ms cry, win sald Frank I. Duvic as pres
| luent, Kenny CharleS as vlce-preSIdent, and
GaT l. Ruch as secretary-treasurer, who
sndIi hoId once until their successors are
| erected ana quallhed after the first annual
| mgSuhg IN i9Io.
| me annual meeting OF the stockholders for
| me erection OF directors and such other bus
mes Is may some before 1t, shall be held
on inc HTsl TUESDAY following the hrst Mon
| gay OF January OF each year beginning in
} 1910. All elections snail be by ballot. Fail
uTe 70 eject snail not vacate any office, and
all ohlcers snail hold over until their sue
cessorS are elected and qualified. All va
SahcleS IN the board OF directors or the Of
| noes SRaii De hlIed by the remaining direc-
| NIS' win me written consent OF all the
| uIIeO'oIs', meetings. OF the BOARD OF directors
| may De held outside the state OF Louisiana,
| OF wltnin the state elsewhere than at the
| eorPorduoh donnclle. Directors may be
! LePesehteu al any meeting OF the board by
| written proxy. Ihe board OF directors may
wheh II deems necessary convene a meeting
fof me stocknoiders, and shall call meeting
OF me stockholders when requested, in writ
ing, by me holders OF twenty-five per cent
oI inc outstanding stock; and the president
/ may can meeting OF the board OF directors
"nen IN ms Judgment It IS necessary.