The herald. [volume] (New Orleans, La.) 1905-1953, 1917-10-18
CHARTER

OF WALKER SHOWCASE WORKS, INC.
United States OF America, State OF Louisi-
ana, Parish Of Orleans, City Of New
/. Orleans.
Be 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 Quintero,
notary public, duly commissioned and quail
flied, in and for this city and the Parish OF
New Orleans, therein residing, and in the
presence OF the witnesses hereinafter named
and underS gned, personally came and ap-
peared the several persons whose names are
hereinafter subscribed, who. severally de
clared that, availing themselves OF the pro
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 INCOME associated with them, 70
form and constitute a corporation and body
polite in law, for the objects and purposes
and under the clauses, s:lpulatIonS and drtl-
Giles hereinafter set forth and expressed,
which they hereby adopt as their charter,
Article 1.-The name and style Of the cor
poration shall ne the Wake Show Case
Works, Inc. and shall continue for term
OF ninety-nine years from date hereof; shall
be domciled 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 he served.
Article 1.-THE objects and purposes for
which this corporation IS organized and the
nature Of the business TO be carried on by II
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 10 identified
herewith TO bay and sell. in both whole
sale and retail, and to deal in showcases
kind and character OF material and work
manship identified with or CLASSIFIED with
the manufacture Of show cases, mirrors, FIX
lures. cabinets and framework OF any kind
and character whatsoever, in the City Of
New Orleans or elsewhere. and 10 carry on
such other business incident TO or connected
with said manufacture. wholesale or retail
show cases, mirror, fixture and cabinet bus
mess.
Article III-The capital stock Of this cor
poration is fixed at the sum OF FIVE thousand
dollars (S5DmOO. divided into fifty (5O
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 10 the cor
poration. No stock shall be disposed OF
without first offering the same 10 the cor
poratiou al its book value. The corporation
shall have thirty days within which to
accept OF decline such offer. All stock trans
fers 10 be valid must be made the books
ri the corporation. This corporation shall
he a going concern when FIVE thousand dol
| lars (S5.O00OO OF its capital stock shall have
been subscribed and paid for. The capital
| stock OF this corporation may be increased,
| from time to time, TO an amount not eN-
cceding fifty thousand dollars CS5OOOOOO)
Article IN.-AN corporate powers shall be
vested in a board of directors. to be com.
posed Of three stockholders, a majority OF
whom a quorum, which board Of directors
| shall hold Office until the fourth Monday in
September Of each and every year. or until
It's successors shall have been elected and
qualified The first board of directors shall
he elected at a general meeting OF stock
holders to be held as soon as convenient
| after the recordation Of this charter in the
Mortgage Office, and the said meeting shall
likewise elect a president, a vice president,
secretary and treasurer, which latter two
Offices may he held BY one person. which
board Of directors and officers, when so
elected, shall hold office until the fourth
Monday in September, 1918 All meetings
days notice mailed TO each stakeholder at
his last known place OF residence. In the
event OF death or resignation OF ore or more
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 may
require, during the course OF its objects and
purposes, and all such transactions shall be
effected by the board OF directors then in
Office.
Article VI-This corporation may be
amended, altered or modified. the corpo-
-ation dissolved, by vote Of two-thirds OF
the stockholders. voting by shares at a
meeting convened for that purpose. after IF.
| teen days previous notice of such meeting
! shall have been given as required by law.
| In the even: of liquidation, either by ex.
| oi-ation OF this charter or otherwise, is
affairs shall be Inundated by the board Of
! directors then in Office. who are vested with
| full power to sell al the assets and property
| real and personal, OF this corporation, q
| convey a full and complete title thereto, and
! 10 perform all acts essential TO a full and
complete liquidation of the Affairs OF tht
! corporation. and to divide the proceeds, i
| any, in accordance with law.