The herald. [volume] (New Orleans, La.) 1905-1953, 1918-05-30
CHARTER

CHARTER
GERS, agents and other employees as the
interest and convenience of said corpora
ton may require; to make and establish
such rules. bylaws and regulations for
the corporate management and control of
the affairs of the corporation as may be
deemed necessary or eXpedient.
Article 1.-THE dOmicile of this cOrpOr-
alton shall be in the City of New Orleans
and State of louisiana and all citation
and other legal process shall be served on
| the President, or in his absence on the
Vice President and in the absence of both
on the Secretary and Treasurer.
! Article III.-The objects and purposes
! for which this corporation Is organized
| and the nature of the business to be car
| ried on by il. are hereby declared to be :
to engage in the business of making. man
ufactuTing and selling dyes and inks of
| all kinds and trading generally in that
/ line and all allied lines OF that business
whether at retail or wholesale and gen
orally to engage in and carry on any 9th
| er enterprise or business which may be
| gprmane or incidental to connected
| with the purposes herpnabOye set forth.
| Article IN.-The capital stock of this
| corporation is hereby fixed mt the sum of
eight thousand dollars, (SSOOOOO), diyid-
| value of twenty five $4,000 dollars each.
| All shares of stock shall be full paid and
| worcestershire. No transfer of stock shall
| be binding on the corporation unless made
4
shall be signed by the President and by
! the Secretary and Treasurer. No stock
holder shall sell any share of stock to any
person not already Il stakeholder unless
he shall have offered such share or shares
! to said corporation. at the book value
thereof as established by the last inyen-
tory, and when the offer is thus made to
the corporation IL shall be its duty to ad-
wise the remaining stockholders of said
offer in order that they may have an OPP
portunity to purchase said stock: which
option however they must exercise within
FIVE days from the receipt of notice from
the company.
Article N-AIl the corporate powers Of
the corporation shall be vested in and its
affairs shall be managed and controlled
by Il Board of Directors composed of three
stockholders. Two directors shall CON
Stitue = quorum for the transaction of all
business. The directors shall be elected
annually by ballot by the stockholders on
the second (2ndD Monday of January in
each year. Each stakeholder shall he en-
titled in person or by proxy to vote for
every share owned by him, and all cleo
lions shalt he held under such rules aud
regulations as may be determined by the
Board of Directors after thirty days writ
ten notice of such election shall have been
sent to each stakeholder at his last known
address.
The Directors thus elected shall con-
! tinue in office for one year. or until their
! successors shall have been duly elected
and qualified. No failure to elect shall be
regarded as forfeiture Of this charter;
| ANY vacancy occurring on said board
shall Ice filled by the remaining directors
for the uneNpired term.
Article Win case OF dissolution by
| tine expiration of this charter or other
wise. the stockholders shall elect two Ii
quidatOrS from among their number to Ii
quidate and settle the business and affairs
of the company; and In case of death or
disability of any one of said commission
| erS the survivor shall continue and COM
plete the liquidation.
| Article NII-ThiS corporation shall com
mencp business as soon as five thousand
! dollars to the capital stock thereof shall
have been subscribed. and fifty per cent of
such subscription shall have been actually
paid in.
Article VIII-Until the election to be
held on the second Monday in January.
| 1919. the following named persons shall
| constitute the first Board of Directors to-
wit Mort y. Gordon. Theodore NJ. Berns
| and John IaZulak, with the said Mort y.
| Gordon as President, John Zazulak. Vice
| President and Theodore VI. Berns as Sec
| rotary and Treasurer, and their subScrip-
| ttOnS and addresses are as hereinafter
mentioned.
Article IX-No stakeholder shall ever
| he liable or responsible for the contracts.
| faults or debts of said corporation. nor
| shall any mere informaiity in its organ
ization have the effect of rendering this
| charter null or of exposing a stakeholder
to any liability beyond the unpaid bal
ance due on the shares owned by him.
| Article Mort y. Gordon, whose post
office address is No. 2731 Canal street
| New Orleans, La, has subscribed to 80
| shares; John ZaZuak, whose pOStOffice ad-
| dress is No. S3i Bienville street, New Or
| leans, La has subscribed to As shares and
| Theodore NJ. Berns. whose postOffice ad-
| dress is No. 2731 Canal street, New Or
| leans, La has subscribed to so shares
and the above named parties are the same
who are mentioned as composing the first
| Board of Directors in Article VIII.
| Article NI-ThiS act of incorporation
may be changed, modified or altered. or
this corporation may be dissolved with
| the assent of the stockholders owning
twO-thirds of all the stock of the corpora
| ton given at a general meeting convened
| for that purpose after 30 days written no
| tice of this meeting shall have been given
through registered mail addressed to each
stOckhOlder at his last known place of res
| idence.,
Thus done and passed at New Orleans,
| La, on the day and date first before writ
ten in the presence of Philip Il. Livaudais
| and Miss Lise Pilot both competent wit
nesses of lawful age, residing in this city
and Parish who have hereunto signed
their names with the said appearers and
me. Notary.
Original signed).
Mort y. Gordon. 60 shares: Theo NJ.
| Berns, go shares; John Zazulak, As shares
witnesses: Philip II. Livaudais, Lise
Pilot.
BENJAMIN DRY. Not. Pub.
|, the undersigned Deputy Recorder of
Mortgages, for the Parish of Orleans do
hereby certify that the act of incorpora-
| ton of the Louisiana Dye & Ink Manu-
featuring Company, Inc, was this day du-
| ". recorded in my office in book 1222
New Orleans, La, May 10TH 1918.
(Signed) EMILE J. LEONARD, by. R.
true copy of the original.
New Orleans. May 10th. 1918
BENJAMIN DRY, Not. Pub
| May 16-23-30 June 1920