The Donaldsonville chief. [volume] (Donaldsonville, La.) 1871-current, 1917-04-21
CHI A r T E r
of the
KAHN. WE'LL COMPANY, INCORPORATED

KAHN, WE'LL COMPANY, INCoRFoRAi EO
United States of America-State OF Louasi-
ana-Parish of Ascension.
mE TT KNOWN that on this 10th day OF
< March. in the year of our Lord nineteen
hundred and seventeen, before me, Il. d.
cr.anvin q notary public. in and for the par
~ of Ascension, state of Louisiana, duly
commissioned and sworn, and ln the pfeseh
of the witnesses hereinafter named and I'M
Lr,sa Kahn Henry L. We'll and William
PJnmen+haI all of lawful age and all resi-.
dents of the parish of Ascension. state o.
louisiana who declare and say that, AVIAN.
ing themselves OF the laws Oh tne s:a.e - -
louisiana relative to the organization 9 OF I
.o,norstions and especially of Act NO. zot
of the general assembly OF the state OF Lou
isiana sessions of 1914, they have con-
tracted and agreed ana DO by tnese prssen 20
contract and agree and bind themselves as
we'll as the persons who may hereafter pc
come associated with them, to constlSute
s-d form q corporation for the objects and
purposes ard under The articles stpuiatLoaS
snd agreements hereinafter set forth, Wnich
ihey hereby adopt as their charter, to-WIt:
| ARTICLE ONE.
The name and style OF TINS corporaI.on
shall be the KAHN, WE'LL COMPANY. IN
| CORPORATED, and Under this name 1t snaii
have and enjoy corporate existence and sue
cession for a period of ninety -nine years
frono and after the date hereof, and shall
have the right to contract, sue ana DC suoa
in it's corporate name; to make ana use .
corporate seal and the same to change ana
hreak ut pleasure; to own. hold, receive, &C
nuire purchase lease, ALLEVIATE. dispose OF.
convey. mortgage, hypothecate, pledge or
otherwise cucumber both real and personal
property of all KINDS ana oeser!ptioAs' W
issue bonds, notes or other evidences OF
debt. to appoint such officers, agents, man
ayers and employees as the business OF the
CORPORATION may require, and TO NIX Iheii
IL hxF-t0 VIC
compensation; to estaphsh such s
rules and regulations as may be necessary
and nroper and the same to alter, amend or
/ abolish at pleasure, and generally to 90 ana
to perform all such acts as may De neees,
sary and proper to carry out the oDJeees anu
purposes of the corporation.
ARTICLE TWO.
The domicile of the corporation shall De
IN the town of Donaidsonville, parish OF
Ascension, state of Louisiana, and all elta,
tion and other legal process shall be served
on the president, and in his absence or IN
ability or refusal to act. on the vice pfesi-
dent. and in his absence or inability or re.
fusaI to act on the secretary-treasurer OF
the corporation.
ARTICLE THREE.
The objects and purposes for which this
cornoration is organized and the nature OIL
the business to be carried ON and conducted
by it. are hereby declared to be to acquire
the ownership and control OF the business;
property, assets and good will OF the feed
and automobile storage and repository OF
the firm of Kahn & SSSSeil- situated in Ene
town of Donaldsonvillss s5 a III ss 81
state of Louisiana, and to Nsor the phTaaf N
conduct a general feed and saleAsaa.s duly D
undertaking business and autotn55 eence u
age and repository in the town of Gs4af.-
sonville parish OF Ascension, state Of Leu
isiana; to acquire, buy, purchase and own
real estate and al kinds OF personal prop.
erty; to buy, own. sell and srade horses and
mules buggies, carriages and all kinds OF
vehicles of like character; to board and
feed horses and mules; to store automobiles
and all kinds of vehicles, ana TO cnarge
therefor; to acquire and own hearses and ali
other articles and supplies necessary IN the
conduct of general undertaking estabhsh,
ment and business to conduct funerals, ana
generally to do and perform all sucn tnsngs
as might be necessary to carry on the bust
ness of the corporation and to make any
and all contracts as may be germane or IN
cidental to any Of the objects and pur-
poses hereinabove set forth
ARTICLE FOUR.
The authorized capital stock of this cor
poration is hereby fixed at five thousand
dollars, {s5Oo0), divided into and represent
ed by two hundred t20G) shares OF the par
value of twenty-five dollars $3.50 each,
and shall be paid for III cash, or may be
issued at par in payment for property or
rights actually transferred 10 the CORPORA
ton or for services actually rendered the
corporation; said payments to be made At
ments as the beard of directors may direct.
The capital stock Of this corporation may
be increased to ten Thousand dollars, divided
into (400l shares Of the par value OF $3.50
each.
The CORPORATION shall be authorized to
commence business and be going concern
as soon as fifty per cent of its authorised
capital stock shall have becn subscribed and
paid for, and which said fifty per cent OF
said authorized capital stock. amounting to
two thousand five hundred dollars, (S250o1,
is hereby subscribed and paid for by the
said appearer5 herein in the respective
amounts set after their names and issued
to them in full payment, transfer and as
signment by them to the corporation OF the
business. property, assets and good Will OF
the feed and sales stable and undertaking
business and automobile storage and re-
pository Of Kahn We'll. situated in the
town of Donadsonvile, state of Louisiana,
as per detailed and itemized description OF
such property with the value as appraised
by the directors, and the value placed upon
the good will of the said business, which
is annexed to these articles of ineorpora-
ton, and read in connection herewith and
made part hereof; twelve hundred and
twenty five dollars ($122b) OF SAID capital
stock represented by forty mine shares of
the par value of twenty-five dollars l$2bl
each, being issued to A}phonse Kahn in full
payment, transfer and assignment by him
to the corporation of his interest. right and
title in and to the business, property, as
sets and good will of the said Arm of Kahn
s. Well, said interest amounting to forty
nine per cent thereof and therein, and being
valued at twelve hundred and twenty-five
dollars; twelve hundred and fifty dollars,
tsI250) of said capital stock, represented
by fifty shares of the par value of twenty
FIVE dollars 1920 each, being issued to
Henry L. We'll in full payment, tranas Of ri
assignment by him to the eornfd and | !
his rights, title and interest in pmobiles =
business, property. assets and 81 charge t.
the said firm of Kahn 6 Weilses and all !,
amounting to fifty perareessr--pu in the
therein and being yaArtd at twe4hiish III