The herald., 1917-01-25
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 consti-
tute themselves, their successors and assigns,
corporation under the stipulatons 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
purposes of the business to be carried on by
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
or disability upon the secretary treasurer.
Article III.-The objects and purposes for
which this corporation Is organized and the
nature of the business to be carried on by
it, hereby declared to be: To conduct a
retail shoe store or stores, with all the acces-
series thereto, in this city, elsewhere
| and to buy and sell merchandise, and gen.
orally to do and perform all things inciden-
| tai TO or appertaining to the aforesaid OBJ
| jects and purposes.
| Article IV.LThe amount Of the capital
stock of this corporation is hereby declared
to be five thousand (s5,0O00O) dollars, which
| shall consist of fifty shares of the par value
! Of one hundred dollars per share; and at
least fifty per cent of the capital stock shall
| be subscribed for before the filing of the
| Articles of Incorporation; and all of said
| stock so subscribed for shall be paid for
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 as
the board of directors shall determine; and
| all stock shall be paid for in labor done OF
money or property actually received, and
| determine.
The amount to which the capital stock
may be increased shall be twenty-five thou
| sand (S25OO000 dollars.
| No transfer of stock shall be binding upor
this corporation unless made upon the book:
of the company and no sale, pledge, othe-
disposal of said stock shall be valid unles:
| said stock is first offered 10 the remaining
stockholders of this company for thirty days
| at a price not in excess Of the book value
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
ration shall be vested in and the bushes
and affairs of the corporation managed b
a board of three directors, who shall b
elected annually at meeting of the stock
holders on the first Monday in January O