The herald. [volume] (New Orleans, La.) 1905-1953, 1917-02-08
CHARTER
OF WERNER SHOE STORE. IN

OF WERNER SHOE STORE. INC.
United States of America. State Of Louisi
ana Parish of Orleans, City OF New Or
leans.
BE it known, that on this 18th day of the
month OF January, IN the year one thousand
nine huSfred and seventeen, before me,
Charles Rosen, a notary public, duly com
missoned and qualified in and for the parish
Of Orleans, State OF louisiana, therein re-
siding. and in the presence OF the witnesses
hereinafter named and undersigned, person
ally came and appeared: The persons here
matter subscribed. who declared that. avail
ing themselves OF the laws OF this state rel
alive to the organization OF corporations in
such cases made and provided, they constr
tute themselves, their successors and assigns,
a corporation under the stipulations herein
set forth, which they hereby adopt as their
charter, to-wit:
Article 1.-The name of this corporation
shall be Werner Shoe Store. Inc; and its
period OF duration shall be ninety-nine years
| from this date. And it shall have for the
! purposes OF the business 70 be carried on by
| il, all the powers conferred by law. upon
| corporations, and shall generally exercise all
the powers necessary to carry. on said bus
| mess.
Article 1.-THE domicile of this corpora
ton shall! be in the city OF New Orleans,
State Of Louisiana; and all citation and
other legal process shall be served upon
the president, and in case OF his absence
| or disability upon the secretary-treasurer.
| Article III-The objects and purposes for
| which this corporation IS organized and The
nature of the business to be carried on by
it, are hereby declared to be- To conduct (
| retail shoe store or stores, with all the acces
! SORES thereto, IN this city, or elsewhere
! and to buy and sell merchandise, and gen
| orally t. do and perform all things inclden
tai to or appertaining 10 the aforesaid Oh
Jects and purposes.
Article IV-The amount Of the capita
| stock Of this corporation IS hereby declared
| 70 be FIVE thousand (S5OO0OOl dollars, whicl
shall consist Of fifty shares Of the par valu,
Of one hundred dollars per share; and q
least fifty per cent OF the capital stock shall
be subscribed for before the filing OF tn
Articles of Incorporation; and all OF Sait
stock So subscribed for shall be paid 70
either in cash or property before the cor
poration engages in business. The balanc
Of the authorized capital stock when sub
sc-ibed shall be paid for at such times a
all stock shall be paid for in labor done 0
money or property actually received, an
at such times as the board OF directors shall
determine.
NAV be increased shall be twenty-five thou
sand (S25O0COO dollars.
No transfer OF stock shall be binding upo
this corporation unless made upon the book
p Of the company, and no sale, pledge, or othc
disposal Of said stock shall be valid unles
= said stock is first offered 70 the remainin
. stockholders Of this company for thirty DAY
al a price not in excess OF the book walk
r and all stock held or acquired in this CO
! poration shall be held subject to this pr
$ vision Of the charter.
Article V.-All the powers Of this corp
= ration shall be vested in and the busine
and affairs of the corporation managed
i board OF three directors, who shall
{ elected annually at a meeting Of the stoc
holders on the FIRST Monday in January