The herald., 1917-02-01
CHARTER


LA
tuNPANy iVEH' lMtORT
Cr-'ri Stlt.- ~ Arrr-.4 Sal, NJ -.
Parish u. Orleans. Civ NJ [.,. t-IGI.I,laha,
O''ednS
BE 5: know .-4. a. iii, 1,.t 5,,
month OF january, la the year Of 6r- u 1c ,ng
one thousand 1'"c hundred and seventeen
and ui tHc independence f.; the United S.s,ss
81 Amcr'ca RE one hundred and f5rty.frs,
before me. john J.. Sullivan, a notary public
this city, parish ard state, therein residing
and IN the presence OF The witnesses here
matter y;mci and undersigned. person5Tv
cam ear ana appeared. The following persons
49, - ''1 -''Il'h'2 subscribed TO-
So ',. me L..'-".s 81 'AeE respective
".:'I - ~ '., .,-I'..' Stock OF the cor
r,l"''o,. ~ NC i'I"eG VINO SeEeraIly declare
~ ,L ca-,c-,l me PROVISIONS
oI 'le sC"''a 81 '@M' 81 me state 81 Louisi-
ions thew have rS,crsr,cd ,rI OF corpora,
do. bv these present, r5ve,ar, - W gu
and bind and a1lsa,e thrnsriycs as ,.a an'ee
associated with them ny ,brr s,,cress'.e
form, and constitute tba.,seIyos 49,, Us 70
p1~atipn and BODY polite and co. 81. ~
iects and pu-p,se, and nnirr s,reo,. r'.e %,
s,ipulations following. to.wi,: anu
a. IT, 49,.
AI!iSIe - ne mans ana ti!e 81 this cor
PoIa'iSu shhH ne mares H. Howard In.
P'Ll N..Hp'"!' iL"s' ana ~ mat name SAID
! t''p''"I'H S"a'l nave power and authority
- nave ana ENJOY succession Tor the tull
Germ OF ninety nine years from the date
ne 60 ~ N""''de'' sue ana ne sued; TO
| ildNe dHH us corporate scar; TO purchase.
Lease, sen, nor ,sase, 1ypo'hecate and pledge
P'i'!' Ie'i' personal OF mixed
Article 1.-THE domicle Of the said Cor
Poration shall be IN the city OF New Orleans,
Htate OF louisiana ana all citations and
o'let Itsal PROCESS shaH ne served upon the
PIes'utni OF sara corporation and IN the
VdNS OF ms absence. upon me Vee-presldeni,
ana IN the case OF the absence OF both OF
lltse .ohceTs' upon the secTetary-tFeasuTer
'he'eoL
Article llI.-Ihe objects and purposes for
which this corporation is established and
the nature Of the business to be carried on
by II are, declared 10 be as follows: To pur-
chase, sell and conduct general wholesale
C"lV'' I'Ne anu general merchandise ousi-
MSS
Article iNrIlhe capital stock OF this cor
P"raIlo JIG, snali DC twenty-five thousand dollars
tSI9'Uo.lc,' qiViued mo Two hundred and
nIty 'IoO, ,ShareS OF me par value OF one
nuhdreu doHars SIuc.o) each' payable when
issued IN Sash OF o'heT property or ioI ser
SlCGI renuefe9' or actually performed; as
ueS-ueu og ,"e pIdIu OF directors Each
Ia Vi sloCH sHd!i DC e1yLlIeu 10 one yoIS
a. al ee"eid a. e!eS'iuhS. ING company 'sha,
""'e '"g L'Sl', 20 increase Us CaPitaa Stock
- o,C "ulu'eG tnousdhu dol'aIs SlUoVO);
ii 40 S'oCkh9Iutr Shal ever oe
neld Iiaoie or reSPonSibie Tor the indebted
49, aus VI ueIau!ts OF Jlis Co'porauoh
e;, 80, dgy aeIe lnio,l,'i,.y IN lne OF.
iol; VI Inc oIpoId'Iou nave any eneet
81 'enufIing 'he oharler nun or 2i exposing
VIZ oI ii 70 any EdDllity peyonu tne
u ~: ''''''Ne' i any u MS S''0N suOs''P-
''oi''
Should any stakeholder desire to sell his
stock, he shall FIRST offer the same to the
Stockholders OF the company, through its
board Of directors, and the stockholders who
desire TO purchase shall have the right TO
purchase the same, in proportion TO their
| holdings OF stock in the company. Should
said stockholders in seventy-two hours after
notice having been given, fail or refuse TO
purchase the stock offered for sale, such
| stock may be sold TO any once
No transfer of stock shall be made or held
| to be valid and binding unless made on the
books of the company and unless made in
pursuance of the provisions OF this charter.
Article VT-Tbe busiress of this corpora.
ton shall be directed by and vested in a
! board Of directors composed Of three stock.
holders, and they shall hold Office until The
| first Tuesday in January. 1919 and on that
dav elections shall be held annually for d.
| rcctors AZ The oa;ce If The cornoratiou Fail.
! ure to hold an election on the day specified
| shall not dissolve the corporation but the d.
rectors IN office shall hold their respective
othceS unui an election shail pc ne.u az, a.,s.
ten days notice Of the time and place mere,
! Of given to each stockholder. The annual
| election shall be held on the first Tuesday IN
| January, 1919, and thereafter on the hfst
tuesday OF January Of eaeh sucCeegInsb 3 yro'
| and the directors shall be CHOSEN ny III. ~
ana the eiecuoh shaIl DC ne'u All vsCancies
nouI2 OF p ~. anu : y T., u, ,bs,ever cause
On IHe ooaII 81 u"eJ.o'' ~ directors
S.tl.I oe MI 49, sb,lI he The first pres
arIe' H. il3"1 Sir,; Sin,' shall be the first
, ,GCn, y3i,., I'd / KeagHey shall be
the thee rsf ssclet sg and they shall
| hold oiics unfii the FIRST Tuesday Of Jan.
Trec,ors ,berasfter shall elect its principal
"a5cers So he term, Of their election, and
or,T,' s,olib,fJe-s shall be eligible for cleo
Ron a. \ member Of the board Of directors.
-, VII ,,,L.,.,.- This co-poraton is
dissolved either BIZ limitation or otherwise;
/ its affairs shall be liquidated by the boaTd
Of directors who are hereby vested with full
power to sell any and all assets Oh ,ne and and
| poration. either separately OF IN .nS, .La,o
| to convey full and comPie'e ~, ro-for,n ali
and shall have power 10 10 " Iii md com.
! acts necessary ana ProPs[ - "a distribute
ple'eIy nql'd@.e ,,e ,Tong the stockholders
5 5t thf Is sad s1,s soTP'Ta'''" 70 '"' '
Ar,;c,. Widths act Of incorporation
~ he ,-,s1ded aitered or modified, or this
| ~l,-y1,r,,;0-, dissolved by a vote OF three,
,la sJ,res Of the total amount OF
iourthS OF tae s,a,e' corvcned for that pur.
| STOCK AZ mems 80 In writing mailed
! pose, aiter zen udys s,octbolder.
! 10 the duuIe9S "a 49, .....;,i og5ee
Thus done and passed al ny ., ,be day and
n d'f cl'y @ % Ee sboye written, in the pres
f Bose OF Competent @S1s5 Witnesses WHO 5:Gsoo9