The Donaldsonville chief. [volume] (Donaldsonville, La.) 1871-current, 1917-03-24

| state OF LOUISIANA, ana TO engage
conduct a general feed and sales stah1. and ]
undertaking business and automoh;,ss and
age and repository in the town 81 nas stes.
sonvilie, parish of Ascension, state ~ sa \
| isiana; to acquire, buy. purchase ana ssoa.
real estate and alb kinds of personal ,s esa
erty; to buy, own sell and trade horsaap prop s
vehicles of like character to bo anus q
feed horses and thles; to store auton a haad
and all kinds of Vehicles, and e , ehsass
other articles and sllpplies NECESSARY 1n e "
| conduct of a general undertaking estaL III sas
ment and business; to conduct funerals a
/ generally to do and perform all such tb saa
as might be necessary to carry on thu h NV
ness of the corporation and to maka vat
/ and all contracts as may be germana q NY NY
| cidental to any of the objects ana na y q
! poses hereinabove set forth. ssft
ARTICLE FOUR.
i The authorized capital stock Of th;s
| poration is hereby fixed at five thanssaoa1 ~.
dollars, $4,000, divided into and renss sasaa
ed by two hundred t200} shares Of I'M ".
value of twenty Ave dollars (s25l aa w
and shall be paid for in cash. or ma sas Y
| issued at par in payment for properly Y
rights actually transferred to the enrnos y
| ton or for services actually rendered 4
4 corporation; said payments to be maaa Y Y
such time and in such manner and inst,sss
ments as the board of directors may d iSsa'
| The capital stock Of this corporation 49, ~
| be increased tD ten .nUuSdnu u0tIafH.& diBts.
into t400l shares of the par value Of ssss
/ each
| The corporation shall be authorized Il
1 commence business and be going coneass
as soon as fifty per cent of its autha,is.aa
/ capital stock shall have been subscribed ~ ~
paid for, and which said fifty per cent ~ " Il
/ said authorized capital stock, amount;ng =
two thousand five hundred dollars, lsasea,
/ is hereby subscribed and paid for 81 ii,
| said appearer5 herein in the respeetss
| nf% 43oys~
to them in full payment. transfer and q.
/ Segment by them to the corporation 81 al
| business. property. assets and good viii 4
the feed and sales stable and undertakina
business and automobile storage and =.
pository of Kahn Well situated III ii.
town Of Donaldsonville. state OF Louisans
| as per detailed and itemized description Il
| such property with the value as apprasss
| by the directors, and the value placed upop
the good will of the said business, which
/ is annexed to these articles of ineorpara.
/ ton and read in connection herewith aaa
made a part hereof; twelve hundred M
twenty Ave dollars tsl225) of said capital
! stock. represented by forty mine shares Il
| the par value of twenty five dollars sasls5
| each, being issued to Alphonse Kahn III FIJI
1 payment, transfer and assignment by him
| to the corporation of his interest. right mi
| title in and to the business, property. Is.
| sets and good will of the said firm Of Kahn
!, B. Well said interest amounting To farty
| nine per cent thereof and therein, and bene
/ valued at twelve hundred and twenty five
dollars twelve hundred and fifty dellafs,
/ ts125o) of said capital stock. representa-
by fifty shares of the par value Of twenty.
| Ave dollars ($25) each, being issued %
Henry L. Well in full payment, transfer and
/ assignment by him to the corporation d
| his rights. title and interest in and % The
/ business, property. assets and good viii II
| the said firm of Kahn & We'd, said Interest
| amounting to fifty per cent thereof and
! therein, and being valued at twelve hun.
bred and fifty dollars. (sl260l and twenty.
| Ave dollars (S25i of said capital Stock rep.
/ resented by one share of the par value ii
| twenty-five dollars, being issued to William
1 Blumenthal in full payment, transfer md
1 assignment by him to the corporation ii
/ his rights, title and interest in and 10 shs
1 business. property. assets and good Will #
/ the said firm of Kahn 4 We'll, said interest
amounting to one per cent thereoI ana there.
in. and being valued at twenty-five delars
| $3.50.
No stakeholder shall have the right ii
| sell or transfer his stock in the corporation
| without giving to the corporation. Through
| its secretary treasurer, fifteen days prior
| notice in writing of such intention. and ths
| stockholders shall have the first privilege
of purchasing said stock at the book Vslae
| thereof for period Of fifteen days from md
| after the date of said notice.
ARTICLE FIVE.
1 All the powers Of the corporation shall hs
rectors to be composed of three stoekholdsls,
| to be elected annually on the third Saturday
of February of each year. beginning IN ths
| year 1918. A majority OF the board sAall$
/ constitute quorum for the transaction8 VI
| any and all business of the corporation III
/ such elections shall be made at the atllss
| of the corporation and shall be BIZ ballot
| under the supervision of commissions N
/ be appointed by the board OF dIseetofass
| Notice of such elections shall be delivered
| to each stoekholder in person, or by asppalt.
| ing in the postoffiee written notice theraait
1 properly addressed to the stockh0idefs az ala
| last known address, at least fifteen days Dc
fore the date of the holding OF said eiectloles
| Other stockholders meetings may pc heas
| when ordered by the board of directors n
| when ordered by the holders of twenty-nyes
| per cent of the outstanding capital stock A
| the corporation. At all elections and NJ MI
| meetings of ths stockholders eacn steeas
| holder shall be entitled to one vote Tor eafh
| share of the capital stock standing I'D ~
/ name on the books of the corporation, sna
| a majority of the votes east snail eieet
Any vacancy occurring among the direesatsss
4 by DEATH resignation or otherwise email os3
/ 6Itad for the remainder of the term BIZ I'M
| other directors. A failure to elect dirastaEa
| on the date specified above shall not dis-
| solve the corporation nor impair Its cofpoIaA
| management but the officers and dareesoss
| then in office shall continue and remain u
| oTiedAantil their successors are eieeLea w
| qualified. The board of directors shai s.ess
! from among their number. at their nfss
| meeting after election, president, . d, WV ~
| president and secretary treasurer, NY =
whom shall be stockholders OF the cofpafss3
! ton, The board Of directors may from tune
! to time name and appoint such managsfs3
| clerks. agents and other employees IS Eaas
| may deem necessary for the purposes ahs
| business Of the corporation. ana NIX sasH WI
compensation. They may also adopt ~ Wsas
as amend and alter at pleasure, ny- w.
rules and regulations necessary Tor the mAa'
| agement of the business of the corpofat'eA
ARTICLE SIX,
This act OF Incorporation may be m0aisssa
| or amended, or the corporation may pe w.
solved. with the assent Of tWo-thras os sss
capital stock at meeting OF the stes W.
holders convened for that purpose AFTER wv
notice as provided fer the calling OF mss Y
inxs of stockholders for the election q ef
rectors, and whenever the corporatfoh ~
dissolved, either by law or otherwise s1s
affairs shall be lquidated by one OF m aas
| liauidators VINO shall be elected from afnoas
the stockholders at general meetlnE =
The Stockholders: said hauidators snaI 81
main in office until the affairs OF ths s .asa
ration shall have been fully liauidafed wv
| settled In ease of the death of or lnabe.'
OF one of the iiquidators to act. the remain.
I ing liquidators shall continue to act, nas
changes proposed to be made in refeFasas
70 the objects and purposes OF the eolp HI Il
ton or to the capital stock, shall DC mkus u
| accordance with the laws OF ths STATS Y
| Louisiana on the subject.
ARTICLE SEVEN. ,,s.,.
No stakeholder shall ever be heid W. =.
| for the contracts or torts of the coFp s.;a
| ton in any further sum than the a " ~
| balance due by him on the shares o. ,# "
| eapitaI stock of the corporation owned "
him, nor shall any mere informality y III. III
ganization have the effect of rendering. Nv sal
| charter null and void Of exposing 800
| holder to any liability beyond the nap1's
| balance which may be due on his stoek.
| ARTICLE EIGHT.
| IT. fat,o,;rg stockholders have Dssa9