The herald. [volume] (New Orleans, La.) 1905-1953, 1917-02-22

~ transfer OF stock shall be binding upon
t1r- rH-r E-l-.1u unless made upon the books
!; the company, and m sale, pledge. or other
disposal II said stock shall BE valid unless
~ard stock Is first offered 70 the remaining
stockholders 81 this company for thirty DAYS
81. price no, IN excess Of the book value
and all stock held or acquired in this cor
2r-atr-u shall be held subject % this pso-
vision OF The charter.
ration shall be vested in and the business
and affairs Of the corporation managed bv
a board Of three directors. who shall be
holders on the FIRST Monday in January of
each wear; the first board Of directors -
serve Tor the frs, year. or until their sue
ce,Sor- are elected and qualified The first
Moore, New Orleans. La, 1905 Poplar St;
Simon G0usen1ci'n. New Orleans, La. 1910
Mareng' ST.; Edward Payne, New CLEANS.
La, SIS First s. With said James ?. Moore
as president; Simon G,usenheim as vice
president; and Edward Payne as secretary
treasurer
The office % sec~etary-trcasu-er may at
any time be divided; and the secretary may
or may not be member Of the board OF
directors.
All elections shall be BY ballot al the
office OF the company. under the supervision
Of two commissioners to be appointed BY
the board Of directors. Notice OF such meet
Ings shall be given by the secretary in
writing, delivered % each stockholder in
person or mailed % his~last known address
a. least fifteen days prior TO such election,
| but this, notice may be waived by all the
stockholders
At all such elections and at all meetings
/ Of the stockholders, every stockholder shall
| be entitled 10 one vote for each share OF
/ stock standing in his name on the books Of
meeting; said votes 10 be cast in person or
| by written proxy, and a majority of the
| votes cast shall elect.
The failure to elect directors at the an
nual meeting shall not dissolve or affect the
! corporation nor impair its management in
! any respect, but the directors in Office shall
| remain in Office until their successors
elected and qualified. Each subsequent board
| after their election a president a vice
| president and a secretary-treasurer and such
other officers as they desire, and may grant
| to each officer such powers as they deem
proper, except that the officers herein named
shall serve until the first annual meeting
which shall be held the first Monday
in January, 1918, or until their successors
are elected.
All vacancies in the. board for whatever
cause shall be filled by the remaining d.
rectors. Any member of the board may
appoint any other director his proxy 20 act
in his place and stead at any meeting OF the
board.
Said corporation shall have the right to
purchase any business or businesses within
the, objects and purposes Of this corporation.
OF directors shall determine
The board Of directors may make, repeal
and amend all bylaws for the regulation Of
the company.
Article VI.-Ths act of Incorporation may
be modified changed altered, or said cor
poration may be dissolved with the assent
Of two-thirds OF the capital stock outstanding
at meeting of the stockholders convened
for that purpose and after fifteen days no.
tice has been delivered in person or given
by letter mailed to the last known address
Of each stockholder. The said notice may
be waived by the unanimous consent OF all
the stockholders.
In case Of the dissolution of the corpora.
ton its affairs shall be liquidated by two
commissioners elected by the stockholders.
Article VII.-No stakeholder shall ever be
held liable for the faults or contracts of this
corporation in any further sum than the IN
paid balance due to the corporation the
shares owned by him; nor Shall any mere
informality have the effect of rendering the
| charter null or OF exposing any stakeholder
to any liability beyond the unpaid balance
due his stock.
written opposite their names the amount of
. stock subscribed by them in this corpora
, ton, SO that this act Of Incorporation may
also serve as the original subscription list
OF the corporation, and they have stated
their post office addresses, SO as 70 conform
with Act 267 Of 1914.
Thus done and passed at my Office in the
city Of New Orleans, state of Louisiana, on
| INC Jay hOulH year AlSb htlClA dDofc
written, in the presence eof George Arthur
Seaver and James NJ. Dillon. competent wit
nesses. Of the age of majority and resid-
ing in this city, who hereunto sign their
: names with said appearers and me, notary.
: after reading OF the whole.
Original signed: Jas. p. Moore. 1908 Pop
=. lar street, New Orleans. La, "a shares
4 Simon Gonsenheim, 1910 Marengo ST., New
), Orleans, La, 20 shares; Edward Payne, 81!
!, First street, New Orleans, La. shares
+ Witnesses G. A. Seaver, J. NJ. Dillon.
= CHARLES ROSEN. Notary Public
3 New Orleans. Jan. Is, 1917.
!. l, the undersigned recorder of mortgages
:, in and for the parish OF Orleans. State o
!. Louisiana, do hereby certify that the &C
!. of incorporation Of the Werner Shoe Store
= Inc, was this day duly recorded in m
= office, in book l20l, folio =.
: New Orleans, Jan. IS, 1917.
,, (Signed) NJ. J. DUNN,
- (SEAL) Asst. by. R.
A true copy.
!, CHARLES ROSEN, Notary Public.
,s Jan Is feb IS p march