The herald. [volume] (New Orleans, La.) 1905-1953, 1917-03-08
CHARTER
OF DUVIC HARDWARE &C

NORPORAIED.
nited States of America, State of louisiana
Parish of Orleans, City of New Orleans
Be It known, that this 9th day of the
month OF January in the year of our Lord one
thousand nine hundred and seventeen, and
OF the independence of the United States of
America, the one hundred and forty-hrst
before me, Nicholas Eugene Humphrey,
notary public, duly commissioned and quail
Orleans, State of Louisiana, therein residing
and IN the presence OF the witnesses herein
after named, personally came and appeared:
The persons subscribing hereto who de-
Of this state relative TO the organization of
| corporations, they have coveranted and
agreed, and do by these presents agree, bind
and constitute themselves. their successors
and assigns and such persons as may here
after become associated with them, into
corporation for the purposes and under the
following articles Of Incorporation, to-wti:
Article 1.-The name of this corporation
shall be "Duvic Hardware Company, Incor.
porated"
Article. 1.-THE objects and purposes for
which this corporation is formed and the
business to be carried on by it is hereby
declared to be: to conduct a general retail
hardware business; to buy and sell by whole.
sale or retail, hardware. house furnishing
goods, crockery; earthenware, iron and other
metals, of all kinds and character, building
| supplies, ship, mill and plantation supplies.
and any and all other articles of merchan,
disc generally handled in connection with
objects and purposes
Article III.-The capital stock of this cor.
poration is here by fixed at the sum of sew
| enteen thousand FIVE hundred dollars Csl7,.
SuOO), divided into one hundred and seventy
hvee shares of the par value of one hundred
dollars each. The stock shall be paid for
| IN cash or property actually received by the
stockholder subscribing hereto or on such
directors.
Ninety-one shares full paid shall be issued
to Frank {. Duvic, subscriber hereto of said
| number of shares, in consideration whereof
the said Frank c. Duvic hereby sells, assigns.
sets over and delivers all Of his undivided
| interest in and to the stock in trade of the
hardware business heretofore conducted BY
nam IN this CITY as of date of January
| 1917, and shown by the inventory annexed
| hereto as part hereof; this company accepts
same, acknowledges due delivery thereof and
IN further consideration therefor assumes the
Forty-two shares full paid, shall be issued
to Kenny Charles, subscriber hereto for said
number Of shares, in consideration whereof
sets over and delivers all of his undivided
| interest in and to the assets and stock in
| trade OF the hardware business heretofore
| conducted by Frank c. Duvic, as, evidenced
by an act OF sale by Frank c. Duvic to Remy
Charles, of date Of January u, 1917, and the
| inventory attached hereto as part hereof:
| TINS company accepts the same acknowledges
due delivery thereof and in further consid.
| Grafton therefor assumes the Liabilities there.
! Of
Forty-two shares full paid, shall be issued
to Carl L: Ruch, subscriber hereto for said
| number of shares, in consideration whereof
the said Carl L. Ruch hereby sells, assigns,
| sets over and delivers all Of his undivided
| interest IN and to the assets and stock in
trade OF the hardware business formerly con-
Quoted by Frank c. Duvic in this city as
| of date of January J. 1917, as evidenced by
| an act of sale by the said Frank C Duyic
to Carl L. Ruch of date January u, 1917, and
| the inventory annexed hereto as part hereof,
| and this company accepts same and acknow.
| Lodges due delivery thereof and in further
| ties thereof
And the appearers being all of the sub.
| scribers hereto and officers hereof, to-wit:
Frank C.. Duyic, Remy Charles and Carl L.
Ruch, being by me first duly sworn, depose
and say: that the property hereinabove trans.
Duvic, Remy Charles and Carl L. Ruch is
well known 10 them, and that they, and each
Of them value and appraise the same at the
sum OF seventeen thousand FIVE hundred dol.
stock issued to each of them respectively,
consisting of all the capital stock of this
corporation has been fully paid for
! No stockholder shall have the right to dis
1 pose of his stock in this company without
l having first offered il in writing, at its then
| book value, to the board of directors, who
may purchase same for the company and
may be retired or reissued as treasurers
i
| Certificates of stock shall be signed by
/ the president or vice-president, and the sec.
| rotary or secretary-treasurer, if one officer
| Arcile lV.-The domicile of this corpora.
ton is hereby fixed in the city of New Or
| leans, Louisiana. All citations shall be
served on its president, and in his absence
on its vice-president, and in the absence OF
| both on the secretary-treasurer. if one off.
Ger, IT two, on the secretary, and in the
| absence Of all three on the treasurer
Article N.-This corporation under this cor.
Porate name shall have the right to have and
| enjoy succession for 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; to acquire property,
real, personal and mixed in and out Of the
state of Louisiana by grant, gift, purchase.
| and to devise or bequest to lease, hold
and dispose of, and to mortgage and pledge
the same; to appoint such officers and agents
as the business of the corporation may re.
quire; to fix their compensation and 20 dis.
| miss at its pleasure; to increase or diminish
IT'S capital stock provided that the capital
! stock of this corporation may be increased
TO not more than fifty thousand dollars): 10
make bylaws, not inconsistent with any ex.
| listing law, TX or alter the management Of
IT'S properly. the regulation and governmen,
| OF its affairs, and the manner Of its CERT.
hcation and registration of its stock; to