The herald. [volume] (New Orleans, La.) 1905-1953, 1917-11-08
Charter

OF WALKER SHOWCASE WORKS, INC.
United States Of America. State Of Loulsl-
ana, Parish OF Orleans. City Of New
Orleans.
BE it known. that on this Path day of the
month Of September, in the year OF our Lord
one thousand nine hundred and seventeen,
and OF the Independence Of the United States
0f America, the hundred and forty
second before me. John Marshall Ouintero
notary public, duly commissioned and quail
fled. in and for this city and the Parish OF
New Orleans. therein residing. and in the
presence OF the witnesses hereinafter named
and undersigned personally came and ap-
peared the several persons whose names are
hereinafter subscribed. who, severally de-
clared that. availing themselves OF the pro-
visions Of the laws OF this State relative to
the formation Of corporations, they have
covenan;ed and agreed, and do, by these
presents, covenant and agree and bind them
selves, as well as such other persons as may
hereafter become associated with them, TO
form and constitute corporation and body
polite in law, for the objects and purposes
and under the clauses, stipulatiors and arti-
cleS hereinafter set forth and expressed,
which they hereby adopt as their charter,
Article 1.-The name and style OF the cor
poration shall be the Walker Showcase
Works, Inc. and shall continue for a term
Of ninetv-nine wears from date hereof: shall
be domiciled in the City of New Orleans,
State Of Louisiana. The president of the
corporation. or. in his absence, the secretary
Of the corporation, shall be the proper officer
upon whom all citation and other legal pro-
cess shall be served.
Article 1.-THE objects and purposes for
which this corporation is organized and the
nature Of the business 70 be carried on by IT
are declared 10 be the following: To engage
in the manufacture Of showcases mirrors,
fixtures and cabinets, and all kinds and
character OF work incident TO or identified
herewith TO buy and sell, in both whole
sale and retail, and TO deal in showcases
g., a-,I r.h aud oil
kind and character OF material and work
manship identified with or classified with
the manufacture Of showcases, mirrors, FIX.
lures, cabinets and framework of any kind
and character whatsoever, in the City of
New Orleans elsewhere, and TO carry on
such other business incident TO or connected
with said manufacture, wholesale retail,
showcases, mirror, fixture and cabinet bus
mess.
Article III-The capital stock of this cor
paration is fixed at the sum Of FIVE thousand
dollars (s5D0m divided into fifty C50)
shares Of the par value of one hundred dol
lars (SlO0OO each, and such stock may be
issued for cash, or in payment Of property
received by or service rendered to the cor
poraton. No stock shall be disposed of
without first offering the same TO the cor
shall have thirty days within which to
accept or decline such offer. All stock trans
| fers TO be valid must be made on the books
| Of the corporation. This corporation shall
he a going concern when nve thousand dol
| lars (ss.O0OOO of its capital stock shall have
| been subscribed and paid for. The capital
| stock of this corporation may be increased,
from time. 20 time, to an amount not ex-
ceeding fifty thousand dollars (S50O00O0)
| Article IV-AI corporate powers shall be
| vested in a board Of directors, 10 be com
| posed Of three stockholders, a majority of
whom a quorum. which board Of directors
shall hold Office until the fourth Monday in
| September Of each and every year, or until
| its successors shall have been elected and
| 1ualifed. The first board of directors shall
he elected at a general meeting Of stock
holders 10 be held as soon as convenient
after the recordation Of this charter in the
Mortgage Office, and the said meeting shall
likewise elect a president, vice president,
| secretary and treasurer, which latter two
Offices may be held bv. one person; which
board Of directors and officers, when so
Monday in September 1918 All meetings
Of stockholders shall be subject TO a ten
days' notice mailed TO each stockholder al
his last known place of residence. In the
Of said board or officers, the remaining mem
bc-s Of the board shall supply the vacancy.
Article V.-The corporation may buy, lease,
mortgage or sell real estate, as occasion NAV
require, during the Of its objects and
purposes and all such transactions shall be
Effected by the board of directors then in
Office.
Article vI-This corporation may be
amended. altered or modified. or the corpo-
-a:ion dissolved, by a vote of two-thirds Of
he stockholders. voting by shares at a
meeting convened for that purpose. after IF
teen DAYS previous notice of such meeting
shall have been given as required by law.
IN the event of a liquidation, either by eN-
-i-ation of this charter or otherwise, its
~Eairs shall be liouidated by the board Of
directors then in Office. who are vested with
fuI power 10 sell all the assets and property,
zeal and personal Of this corporation, n
| -7nvev a full and cqmnle'e title thereto. and
~ perform all acts Essential TO full and
-o-rnlete liquidation lnf me affairs Of the
| -o-poration. ard TO divide the proceeds, if
ny. in accordance with law.