The herald. [volume] (New Orleans, La.) 1905-1953, 1918-05-09
CHARTERS

purposes Of The business - 'Sh have 3. vi
II all The power, c1rferr.ge earned !.
corporations, and shall gu oy Ian 81
the powers necessary ,o ally eS,r,. y
ness. said corporate, iy On sad Il
power TO contract. s,. snail hs,.
corporate name; TO make and n,. sud /,
seai' 'u4 ,"t same Co. break or ,i,'a enTs,
uic' 10 "''@. receive, purcbss'l b,S
G I nc ACQUIRE and 20 convs,'' 'eas n
Ispo'.Ie-l.c' lease sell, pledge ~ noras
u.SPoSe u property real, personal oaer,
10 issue ponds HoIcs or otbs- and I'M
!" nave ana employ such OoAgsas
'ors' oit.eeTs' agents and o,b$ass'S d.
! as me interest and Couyenienc. eapkr..
PorSti'h may require or dems,ad' At =
ana es'1'.i-l such bylaws, pIss' L.
LSu"HS i'r me management ana and ~
me business and affairs Of the eoa'1
d ''"s '1 ''ehrI necessary on .0'RiIss
| ArayIe lI-Ih. d1wiriI. = Aedla,
ton shall be in the civ % NE Con-,
State Of louisiana: and a., New 0-,,'
other legal process shall be H'alioa =
| President and I'D his absence ''Ved o. \
| upon the Secretary Treasurer VI dsasi
| Article II-Tre oli.-.,
| which this corporation ana purpo,.,
| nature Of the r.,s,r..'- organized "a;
!, are heel, t.,i,r.5 sSSse carried
: To own ami r,ri,,,. 10 De:
! boot and .l-r $50 '"e business If
| les. and Z, thar c0J =, S.oIes and s,,..'
| shoe. and ar~csy.- - 90 ouy and sell -
power to purchase and ,co,, snail has 4
business OF boots. shoes ana d1'se any n,
| ready existing or which mo-, NSSessoria
established may hereahs
Article lN.-The amount os
stock OF this Cooperation is b.,pe ess
20 be Twenty Thousand (s1o oogy dstlcs
consisting Of two hundred 1S IN" DOln
| the par value "t One Hun5-sd snaa 4
| lars per share. All of said HoU b
| shall be subscribed before ,Ln SSsSIpiia Esi
articles Of Incorporation. and thIng d 5
IN cash. The amount 10 wb;c J,Sli ~
stock may Ice increased shall :. ei ns GO
I sand lSo'hM Dollars. Tly IN
No S,ockh,lGrr sb,u
sell or o,hr-Vit. nav, nave the rsh :.
! the corDor8tio, ,.;,,,.,. OF his sto,I
! the corporation f,- - iiIs' Offering 4 /,
as Determined ~ a.. -, @t us book Vi.
or he NAV sell The -, ~. regular iavs.,r
ing stockholdcr a. $50 - any Other ,rs.
| proper. P'''e as he S,,,
/ II
GE eHPIo!ee or officer owniny -,
a. - i''''-''h drawing a salar ~
| viii tle Ca
- So1I e"PIoyee or officer All :
~ - "ay innate me Corporation - !
,,,--t,--. >AaI have the rS5
% 0ii"sl ms SOCK ior cash at its booI =.
tory. 'eA' regular Inv,
49,. e a.
' -. VI 'l'e aooEe events, the eoUo,s.
Ill Wy - may De the other stOckhdS,
81 si II or their rights 10 &c.
81. 60 giving written sccs,,,,
"'.:.'-' ,.". Hdys atter receiving w.
.i'' log, ol we intention OF the stockh'-
- 20 '''Gl ms uedih or severance a !,
M. i. E wi ,He company as tn, =
- .I s'oyNh9Ider whose soet !,
night 20 rcguirc s,cr;, nan III, non nav, Z
| tory. but shall await the ,,t ling o. l'V',
| regular inventory. "s VI ne N
| Should there he ana, H..
| book value after said inyss.o d "a
| the determination NJ - 'n'oiy IS iis
submitted TO arbitrators "a. 'aiue shai :
! ed hy the seller ana o,o ~ &c aplo-
! and in the event nj The J;sog,. ..e Pa'saas-.
| arhit-atorS. said arbitr,to-s s I'm nj
| umpire, and the decision of 'ai ueG a
| tors or unpire as the go - s1Sh Iofs
| firal and binding on the 80. Oe man
| shall be held subject 10 tbese n-.,.;. .1n va
ssSrv sale, pledge. encr-r,br,Ip .O''slO0A =
| disposition Of said stool sbaH &c enc
Ject thereto. All such stock so scouir,s j,
the corporation may be reissued BY d, !.
poratlon.
! Article V-Tbe husiness ,,d L..
this corporation shall he ,na,sasd ia -'sAs 4
OF three directors. Who sbau H. ~ ~
nually at a meeting Of the s,octh 49,.
| the third Monday of Anil :; - -
| The first annual meeting sb,H - eA> ~ ~
| the third Monday of Anril IeIo v..a I' -
time the two officers named I, ~. "a
ter. and the director elected NV n. 80
holders upon Organization nj ,b;s s -. -
shall act. or until their successors =, -
! ed and qualified ~-'
The first Board Of Direaors IA carr. 1.
tie f.rsr wear shall consist Of Chi,
| Rotnick. whose pots.office address I u
Alix Street. New Orleans. 4, p..,;b.
and Arthur n Perry. whose pos,-of5e, {
dress is pas Cambronne Street New Od,r.
La. Secretarv-Treasurer who shall ere,
! tute two of the Board of Directors n
third director shall be elected by M sss
holders Immediately upon Organization
The officers of this corporation sh,H
| a President and Secretary-Treasurer; bvt :
stockholders or the Board Of Directors ~
elect or appoint such other Officers as IN
| desire and determine their duties. and n
at any time separate the office Of Sen