The herald. [volume] (New Orleans, La.) 1905-1953, 1917-04-12
CHARTER
OF WTRTT BROS SHOE < REALTY

! Secretary G1t Barge and Towing c.. I--.
april : = T. % may 10
CHARTER
OF WIRTH BROS SHOE < REALTY
COMPANY
City II New Orleans. Parish Of Orleans.
Be 10 known. -h4- on this ninth day Of the
month Of March, in - vea- = ou- Lord.
1-e thousand nine hundred and seventeen.
and o: ~ Independence 4 the United States
/ 4 America he one hundred ami t0--y---s-,
before NJ. Flank Wu. Hart. a notary public,
duly commissioned and qualified IT and ~
| presence Of he witnesses hereinafter named
| and u-de-s S1ed, personally came and ap-
1ea-et- The seve~a. persons whose names
are he-eu--0 subscribed, wA1 seve-aly te-.a--
| 5f the laws u the state Of Louisiana, n
such case made and provided, they have COW
| e1an-eI and agreed and ID by these presents,
| covenant and agree and bind tle1se Ives a
/ we'll as such persons a may hereafter be-
| come associated with them, - form a corpora
! ,lOn for the objects and purposes aad under
| the articles and stIpulatl0us following tO-wlt:
Article The name OF this co-poratio7
| shall De With Brothers Shoe & Realty Com
pauy, Incorporated. and under its SAID cor
porate name i shall have power and authority
| succession for the full term and period OF
| 1inety-rIne years from and alter the date
| hereof; - contract, sue ard be sued; % make
and use j corporate sea! and the same 10
alter and break at pleasure; 70 hold, receive,
lease, purchase and convey We. as mort
| gage and hypo-hecate property. real, persona.
| and mixed as well as coTpo-eal and l1corpo--
cal; to name and appoint such managers,
!age1tS. directors and officers as lis business,
| interest or convenience may require. and -
make ard establish. as well alter and
| rules and regulations for the proper govern
| uent Of the affairs, OF the said corporation
! as may be necessary and proper.
| Article 1.-THE dpmic,le Of said corporation
| shall be in the city OF New Orleans, STATE Of
| Louisiana, and all citations and other lesa!
process shall be served on the president or
| said corporation, or, IN has absence upon the
| vice. president, or. n the absence o. SAID ON
| GERS. upon the secretary treasurer OF said cor
Article III-The objects and purposes for
nature Of the business TO be carried on by il
| are hereby declared to be:
| (aJ To buy. sell lease, mortgage, exchange,
| or otherwise ALLEVIATE or acquire, and geuer-
laily deal in properly. both real and personal
Din this city and state or elsewhere, Tor is
Town account. or as agent, for account Of
others, on commission or otherwise; - IN
prove real estate and generally 10 carry on a
| real estate business; and to do any and all
' things connected with or appertalnlng % SAID
| real estate business and all OF is branches
| Co To carry on and engage IN the business
Of buying and selling boots and shoes, and
| accessories, at wholesale retail, or both (;
| and generally to carry on boot and shoe
business wholesale or retail, or both, and 10
tdo any and all things connected with or
appertaining TO said boot and shoe business,
in all of its branches.
The capital stock of this corporation is
thereby fixed at the Of twenty-five thou
Island one hundred (S25 10000 dollars, which
Icapital stock may be increased in the manner
provided by law 70 the sum OF one hun
dred thousand SlO,moGo) dollars Said cap.
ital stock shall be divided into Isl shares Of
I the par value OF one hundred dollars each. OF
said capital stock one hundred dollars thereof
shall be paid for in cash Immediately after
the signing of this act Of Incorporation.
| The remaining two hundred and fifty (2S0)
shares Of stock subscribed for by said Joseph
H. With and said John With, in the proper
non Of l25 shares to sad Joseph II: M v, IN
paid for as follows: For and in consideration
Of said rs and rs shares OF stock issued
respectively to the said Joseph II. With and
the said John Wirth, they have simultaneous
lly, with the signing of this act Of inco-pora-
ton conveyed and transferred 70 this cor
poraton, the following described property
owned by them in indvision. lin the proper
ton of an undivided one-half to EACH, the
aggregate value Of which said property IS
appraised and fixed by the board Of directors
Of this corporation named herein, at the sum
Of twenty-five thousand CS2S,OOU) dollars;
|. The shoe business conducted by said
Joseph H. Wirth and said John With at No.
liz Magazine street in the city of New Or
leans. including the stock on hand, furniture
and fixtures, good will and open accounts, ap'
praised by the board OF directors named here
in at the sum OF fourteen thousand, five hun
bred dollars, (si4, SOOOO).
, ,. The one story frame store building, No
llT Magazine street, in the city OF New
Orleans, and the two story frame building IN
the rear. Nos; llQ9-lill Erato street, appraised
/, by the board of directors named herein al
twenty-five hundred dollars, Cs2, $4,000.
, ). The double cottage Nos. Al2-l+ Maya
zine street IN the city OF New Orleans; ap'
praised by the board Of directors named here
81, 5000
:. The double cottage Nos. 633-4 S. Gayosc
| street in the CITY OF New Orleans, appraised
! by the board Of directors named herein at the
sum Of two thousand dollars. fS2.O0O.OO.
:. The double cottage Nos. l2ll-l5 Dryade;
: street in the city OF New Orleans, subject q
i mortgage Of two thousand (s2,0o000 dol
lars: the equity Of said Joseph II. and John
!. With in said property. appraised by the
!; board of directors named herein at the sum OF
twenty-five hundred dollars, G2,5oo)
The vice president of this corporation i,
authorized 70 accept the transfer and convey
ance Of said property in the name. and on be,
the issuance 70 said Joseph H Wirth and
said John With of one hundred and twenty
FIVE shares each, OF the capital stock Of this
corporation. full paid and worcestershire.
| Said property having been delivered con
| temporaneOusly herewith and the said capital
stock having been fully subscribed and paid
for, the corporation shall at once become a
All shares Of stock shall be worcestershire
and no transfer of stock shall be binding
upon the corporation unless made upon it:
books and all certificates of stock shall be
signed by the president and the secretary
treasurer of the corporation.
Article V-No stockhoder of this corpora
tio1 may offer for sale, sell, assign or trans.
Ter his stock in this corporation without Civ
ing 20 the other stockholders thirty days
prior notice of such intention, which notice
shall be given in writing to the president OF
| the corporation and shall by said p-esiden,
A he IL Ia ~
poration and shall be so made known 70 the
{ directors immediately. and the other stock.