The herald. [volume] (New Orleans, La.) 1905-1953, 1917-11-15
CHARTER
OF WALKER SHOWCASE "

OF WALKER SHOWCASE WORKS, INC.
United States of America, State OF Louisi-
ana, Parish of Orleans, City of New
Orleans.
Re 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
of America, the one 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 herinafter named
and undersigned, personally came and ap-
peared the several persons whose names are
hereinafter subscribed, who, severally de-
visions of the laws of this State relative to
the formation of corporations, they have
covenanted and agreed, and do, by these
presents. covenant and agree and bind them
selves, as we'll 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, stipulations and arti-
Giles 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 Tor term
of ninety-nine years 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 TO be carried on by 1t
| are declared to be the following: To engage
| in the manufacture of showcases, mirrors,
| fixtures and cabinets, and all kinds and
character of work incident to or identihed
| herewith; to buy and sell, in both whole
| sale and retail, and to deal in showcases
and mirrors, fixtures and cabinets, and all
| kind and character of material and work
/ manship identified with or CLASSIFIED with
| the manufacture of showcases, mirrors, NIX.
| lures cabinets and framework OF any KIND
| and character whatsoever, in the City of
| New Orleans or elsewhere, and TO carry on
such other business incident to or connected
| with said manufacture, wholesale or retail,
| showcases, mirror, fixture and cabinet bus
| mess.
| Article III-The capital stock of this cor:
poration is fixed at the sum of FIVE thousand
dollars (s5OOOOo), divided into fifty, $50
shares of the par value of one hundred dol
lars $4,000 each, and such stock may be
issued for cash, or in payment of property
received by or service rendered to the cor,
poration. No stock shall be disposed Of
without first offering the same to the cor
poration at its book value. The corporation
Il shall have thirty days within which Il
accept or decline such offer. All stock trans
fers to be valid must be made on the book
: of the corporation. This corporation shall
, be a going concern when FIVE thousand dol
lars (sSOO0OOO of its capital stock shall hav,
been subscribed and paid for. The capita
, stock of this corporation may be increased
ceeding fifty thousand dollars ($s0yoOo.0ol
: Article IV.-All corporate powers shall b.
vested in a board of directors, to be com
posed Of three stockholders, majority o
: whom a quorum. which board Of director
shall hold Office until the fourth Monday il
; September of each and every year, or unit
! its successors shall have been elected AM
qualified. The first board of directors shall
be elected at general meeting Of stock
holders to be held as soon as convenien
| after the recordation of this charter in tn
Mortgage Office, and the said meeting shall
likewise elect a president, vice president
, secretary and treasurer, which latter tw,
Offices may be held by one person; which
board of directors and officers, when s.
elected. shall hold Office until the fourtl
Monday in September. 1918. All meeting
Of stockholders shall be subject to a tel
davis notice mailed to each stakeholder a
his last known place of residence In tn
event Of death or resignation of one or NOR
, Of said board or officers, the remaining mem
| bers of the board shall supply the vacancy
Article V.-The corporation may buy, lease
mortgage or sell real estate, as occasion ma
, | REQUIRE during the course of its objects an
purposes, and all such transactions shall D
effected by the board of directors then II
Office.
S Article VI-This corporation may b
. amended. altered or modified. or the corpo
| ration dissolved, by vote OF two-thirds o
, the stockholders, voting by shares at
meeting convened for that purpose. after nj
c teen days previous notice of such meetin
shall have been given as required by Law
{ In the event of liquidation, either by eS
e piration of this charter or otherwise, II
E a fairs shall be Inundated by the board {
$ directors then in Office, who are vested wit
< full power to sell all the assets and pIopert,
real and personal, of this corporation,
convey full and complete title thereto. an
to perform all acts essential to full an
complete liquidation of the affairs OF n
c corporation, and to divide the proceeds,
any, in accordance with law.