The herald., 1917-04-12

ACT OF Incorporation
OF ENTERPRISE PRINTING COMPANY
United States Of America, State Of Louisiana
Parish OF Orleans, City Of New Orleans.
BE it known, that on this fourteenth day
OF the month Of March, in the year OF our
Lord nineteen hundred and seventeen and
OF the independence OF the United States OF
America the one hundred and fDrty-hrSt, be.
foreme, J. Henry Forcelle, Jr., notary pub
lie, in and for the parish Of Orleans, State
of Louisiana, duly commissioned, sworn and
qualified, and in the presence OF the wit
resses hereinafter named and undersigned,
personally came and appeared. the several
persons whose names are hereto subscribed.
who severally declared that avlillng them
selves OF the provisions OF the general law !
of this state, providing for the organization
OF corporations, particularly Act 267 OF 1914
they have cOvenanted and agreed and by
these presents covenant, agree and bind
thmselves, as we'll as all such persons as
may hereafter become associated with them,
to form and constitute a corporation and
body polite in law, for the objects and pur-
poses and under the stipulatiOns and agree
ments following, tO-wit:
Article 1.-The name and title OF this
corporation shall be Enterprise Printing
Company, Inc" and it shall exist and enjoy
succession by ITS corporate name for period
OF ninety-nIne (99D years from date hereof,
unless sooner dissolved, with all the rights
and powers now or hereafter conferred by
law upon similar corporations.
Its domicIe shall be in the City OF New
other legal process shall be served upon the
president and in the event OF his absence or
inability to act, upon the vlce-president or
secretary, in the order named.
Article 1.-THE objects and purposes for
which this corporation is organized and the
nature OF the business to be carried on by
it are declared to be to conduct the business
of printing, publishing and bOok-binding in
all its branches; for the publishing OF daily
or weekly papers or magazines or the print
ing of books, pamphlets or periodicals, to-
,,.1Ft, a,,I Ill IS
similar character pertaining to the printing,
publishing and bOok-binding business; to
solicit advertising, buy, sell and act agent
for the publications of others, TO appoint
agents, TO buy and sell real estate, merchan-
disc, machinery and equipments; 10 erect,
lease, purchase and acquire Necessary build
ings; to deal IN such apparatus, merchandise,
etc, as shall be deemed essential 20 proper
development and maintenance of the several
departments OF the corporation, to publish
periodicals and other literature germanc to
the enterprise; TO procure printing plants
necessary therefor; to buy and dispose Of
n real estate and to borrow money as exigen-
Hfies OF the corporation may require. To buy,
fen and deal in commodities and things Of
ykll kinds which can be conveniently dealt
fin by this corporation or likely to be re-
CURED by the customers of such business.
Article III.-The capital stock of this cor
poration is hereby fixed at ten thousand
dollars CsO,OOOO). to be divided into two
hundred 600 shares of fifty dollars (SSOOM
each; which said stock shall be paid for in
cash or IN property and good will trans
terred TO said corporation or in work done
for, services rendered 10 said corpora
ton, as may be decided by the board of
directors and upon terms to be fixed by said
board of directors.
All transfer of stock shall be made on the
books of the corporation, and no transfer of
stock shall be in any way binding on the
corporation unless and until II is made in
the above described manner. No shareholder
OF this corporation shall at any time offer
his stock for sale, either privately or in the
open, market, without having previously Of
fered TO sell said stock at its book value
to the stockholders, then of record in said
corporation, which option TO purchase must
be exercised within ten days.
Each share OF stock shall entitle the owner
thereof, either in person or by proxy, to cast
one vote at all general meetings.
The capital stock of this corporation may
be increased to twenty-five thousand dollars
said corporation shall be vested in and
exercised by board of directors composed
of at least three stockholders, 10 be elected
at the annual meeting of stockholders to be
held on the hrSt Tuesday of March of each
year; if the date fixed for said election fall
on legal holiday, then said election shall
be on the hrst day thereafter not a legal
holiday. All such elections shall be by bal
lot OF such elections at least fifteen DAYS
previous notice shall be given to each stock
holder, either personally or by depositing
the same in the post Office, properly ad-
dressed. A majority of the votes cast shall
elect, and each share of stock shall be emit
tied to one vote to be cast by the owner in
person or by proxy. The directors thus
elected shall serve and continue in office for
one year or until their successors shall have
been duly elected and shall have qualified. A
failure to elect directors the date above
specified shall not dissolve the corporation,
but the existing board shall cause another
election to be held within thirty days there
after whereof fifteen days previous notice !
shall be given above provided for. Any
vacancy occurring in the officers or board |
from any cause whatsoever shall be filled |
TOR the unexpired term by the remaining |
directors Any director who may be absent |
from the City of New Orleans shall have the |
right to appoint any shareholder of the cor. |
poration to vote for him at any meeting of |
the board, and such proxy shall have and ex. |
ercise all the powers OF such director ap- |
pointing him. The officers of this corporation |
shall consist of president, vice-presdent, |
secretary and treasurer, but the offices of |
secretary and treasurer may be filled by |
enc and the same person. Two directors |
shall constitute a quorum for the transac-
at their first meeting following each annual |
election, shall elect from their number a i
president, vice-president, a secretary and a |
treasurer, who shall continue in office for one 1
year from such election until their sue |
cessors elected and have qualified. Said |
board of directors shall have full power and |
authority TO exercise all the powers con-
ferred on this corporation by these articles /
OF Incorporation, or which are or may be
permitted by the laws applicable to corpora.
tionS.
Article V.-This act of Incorporation may
De changed, altered or amended, or this cor
poration may be dissolved and liquidated |
AZ any time, n any manner not inconsistent
with any provisions that may be prescribed
therefor by the laws OF the State of Louisi-
ana.
Article VINO shareholder shall ever be
held liable or responsible for the contract