The herald., 1917-02-01
CHARTER
OF WERNER SHOE STORE, INC.

OF WERNER SHOE STORE, INC.
United States of America, State of Louisi-
ana, Parish of Orleans, City of New Or
leans.
BE it known, that on this 18th day of the
month of January, in the year one thousand
nine hundred and seventeen, before me,
Charles Rosen. a notary public, duly COM
missioned and qualified. in and for the parish
Of Orleans, State of Louisiana, therein re-
siding and in the presence of the witnesses
hereinafter named and undersigned, person
ally came and appeared: The persons here
matter subscribed, who declared that, avail
ing themselves of the laws of this state rel
alive to the organization OF corporations IN
such cases made and provided, they constl-
tute themselves, their successors ard assigns,
a corporation under the stipulations herein
set forth, which they hereby adopt as their
charter, to-wit:
Article 1.-The name of this corporation
shall be Werner Shoe Store, Inc; and its
period of duration shall be ninety-nine years
| from this date. And it shall have for the
| it, all the powers conferred by law upon
| corporations, and shall generally exercise all
| the powers necessary to carry on said bus
| mess.
Article 1.-THE domicile of this corpora
ton shall be in the city of New Orleans,
| State of louisiana; and all citation and
other legal process shall be served upon
| the president, and in case OF his absence
|
Article HL-The objects and purposes for
which this corporation is organized and the
| nature of the business to be carried on by
it, are hereby declared to be: To conduct a
retail shoe store or stores, with all the acces'
series thereto, in this city, or elsewhere
and to buy and sell merchandise, and gen
orally to do and perform all things inclden'
! tai to or appertaining to the aforesaid OBJ
jects and purposes.
| Article IV.-The amount Of the capital
| stock of this corporation is hereby declared
to be FIVE thousand (s5OOO0O) dollars. which
shall consist of fifty shares OF the par value
| Of one hundred dollars per share; and al
| least fifty per cent of the capital stock shall
Articles of Incorporation; and all OF said
! stock so subscribed for shall be paid fol
either in cash or property before the cor
| poration engages in business. The balance
of the authorized capital stock when sub
scribed shall be paid for at such times a;
the board Of directors shall determine; and
all stock shall be paid for in labor done OF
| money or property actually received, anc
at such times as the board Of directors shall
| determine.
The amount to which the capital stool
| NAV be increased shall be twenty-five thou
sand (S25,cOOOO) dollars.
| No transfer of stock shall be binding upoI
this corporation unless made upon the book
| of the company. and no sale, pledge. or othe
disposal of said stock shall be valid unless
said stock is first offered to the remaining
stockholders OF this company for thirty day
at a price not in excess. of the book valu
of said stock on the date of such offer
and all stock held or acquired in this cor
poration shall be held subject to this pro
vision of the charter
Article V.-All the powers Of this corpo
and affairs of the corporation managed b
board of three directors, who shall b
elected annually at meeting of the stock
holders on the first Monday in January o