The herald., 1917-02-15
CHARTER
OF WERNER SHOE STORE, INC.

OF WERNER SHOE STORE, INC.
United S,a'es 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 hundred and seventeen, before me,
Charles Rosen, notary public, duly COM
m,ssioned 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
ing themselves of the laws Of this state rel
alive to the organization OF corporations in
such cases made and provided, they consti-
tute themselves, their successors and assigns,
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
it, 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
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 10 be: To conduct a
retail shoe store stores, with all the Access
series thereto, in this city, or elsewhere
and to buy and sell merchandise, and gen
orally 10 do and perform all things inciden-
| tai to or appertaining to the aforesaid OBJ
Article IV-The amount of the capital
stock of this corporation is hereby declared
to be FIVE thousand (s5,OOOOO) dollars. which
shall consist of fifty shares Of the par value
| Of one hundred dollars per share; and al
| least fifty per cent of the capital stock shall
| be subscribed for before the filing of the
Articles of Incorporation; and all of said
! stock so subscribed for shall be paid foi
| poration engages in business. The balance
| Of the authorized capital stock when sub
seribed shall be paid for at such times a!
the board of directors shall determine; anC
all stock shall be paid for in labor done o.
money or property actually received, ant
at such times as the board Of directors shall
determine.
The amount to which the capital stool
may be increased shall be twenty five thou
sand (S25,0O0O0) dollars.
No transfer of stock shall be binding upoi
this corporation unless made upon the book
Of the company. and no sale, pledge, or othe
disposal OF said stock shall be valid unles
said stock is first offered TO the remaining
stockholders of this company for thirty day
at price not in excess of the book valu
Of said stock the date of such offer
and all stock held or acquired in this cor
poration shall be held subject to this pro
vision Of the charter.
Article. V--An the powers of this corpc
ration shall be vested in and the bushes
and affairs of the corporation managed b
board of three directors, who shall b
elected annually at meeting of the stock
holders on the first Monday in January o
each year; the first board OF directors {
serve for the first year, or until their sue
cessors are elected and qualified. The frs
board OF directors shall consist of: James F
Simon Gonsenheim, New Orleans, La. ISL
Marengo ST.; Edward Payne, New CLEANS
La, sl5 First St. With said James p Moor
as president; Simon Gonsenheim as vice
president; and Edward Payne as secretary
The Office of secretary-treasurer may a
any time be divided; and the secretary ma,
or may not be a member Of the board o
directors.
All elections shall be by ballot at tn
office of the company, under the supervision
Of two commissioners to be appointed b.
the board Of directors. Notice of such meet
Writing, delivered to each stockholder il
person or mailed to his last known address
at least fifteen days prior TO such election
but this notice may be waived by all tn
stockholders.
At all such elections and at all meeting
Of the stockholders, every stakeholder shall
be entitled TO one vote for each share o
stock standing in his name on the books @
the company at the date of such election o
meeting; said votes to be cast in person o
by written proxy, and a majority of III
votes cast shall elect
The failure to elect directors at the ar
nual meeting shall not dissolve or affect III
corporation nor impair its management i
any respect, but the directors in Office sha
. remain in Office until their successors ar
! elected and qualified. Each subsequent boar