The herald. [volume] (New Orleans, La.) 1905-1953, 1918-07-11
CHARTER
CHARTER OF
INTERNATIONAL HIDE & LEATHER
COMPANY. INC.


BE il known hat on this 9th day of the
month of June, in the year OF our Lord
| one thousand nine hundred and eighteen
before me, John Marshall QulntcrO, 40
| tary Public. duly commissioned ana guam
| dei i'm and for this City and the Parish
| of Orleans therein residing, and III the
/ presence of the witnesses hereinafter nam,
! ed and undersigned, personally came anu
| appeared:
! The several persons whose names are
I hcreuntO subscribed, all of lawful age ana
| all residents of the City Of New orleans
| Louisiana, and. ayaiing themselves OF Tue
! laws of the State of Louisiana ana par
| ticularly Act 20 of the General Assembly
| of the State of Louisiana for the year l9lt'
| relative 10 the organization OF corporations,
/ declare that they have c0Venanted ana
agreed and do hereby covenant and agree
| to form themselves, as well as Such per
sons who NAV become associated WIN
! them or succeed them, into corporation,
! for the objects and purposes, and under
! the articles, tO-wit:
| Article 1.-The name of this corporation
! shall be international Hide X Leather
| Company, Inc, and under SAID corporate
! name it shall have succession Tor ninety =
/ nine years, unless sooner dissolved, ana
| shall have power and authority to con
! tract sue and be sued to make ana use
| a corporate seal. the same TO alter or
break at pleasure; TO make all necessary
| rules and regulations for its corporate
management and control and II shall nave
| and enjoy all the rights, privileges ana
| immunties which are now conferred upon
| or may hereafter be granted to corpora
tions Of the same kind and character.
Article 1.-THE domicile of said corpOr-
| alton shall be in the city OF New orleans,
/ state of Louisiana, and all citation anu
| other legal process shall be served upon
| the President of said corporation, and, IN
case of his absence, upon the VICE Presl :
dent and in the case of the absence OF
! both upon the Secretary Treasurer.
Article III.-The objects and purposes
! for which said corporation is organized
are declared to be: To buy, sell and gen
orally deal in any line OF merchandlSe' NJ
wholesale or retail. as manufacturers
| agents. district representatives, brokers or
l otherwise; particularly i'll hides and lealh-
| or, and to manufacture the same into eN-
/ cry kind and character or commodities :
/ TO do general export and import buSl-
ness in keeping with the objects and pur-
poses herein set forth, said business to be
carried on throughout the United states;
| Guatemala and all foreign countries Sald
business to be conducted by the corpora
| ton in its own name, or as agents Tor
| others, on commission basis or other.
| wise, and generally to do any ana all
| things incidental or gcrmane 10 any OF
| the objects and purposes of mercantile
business. The said corporation may own,
buy. sell. lease aud hypOthecate such real
| estate A. the Board of Directors may deem
| hit and proper. .
! Article IV.-The capital stock of said
corporation is hereby fixed at the sum of
/ fifty thousand dollars ($5OOOO!pO). divided
/ into i've hundred CJ0O shares of the par
value OF one hundred dollars (SlpluO
each. and said stock may be issued for
! cash or in payment of property or ser
vices actually received BIZ OF rendered TO
| the corporation. Said corporation shall be
| "A going concern when thirty thousand
| dollars ($3O.0O0.OO) of its capital stock
| shall have been subscribed and paid for.
| The parties hereto declare that they
have subscribed for the number of shares
of the capital stock of the corporation set
/ opposite their respective names. so that
/ this act of incorporation shall serve as an
original subscription.
| No transfer of stock shall be binding
on this corporation unless made and re
| corded upon its books.
The amount to which the capital stock
of said corporation may be increased Is
hereby fixed at the sum of one hundred
| thousand dollars ($lOO,O0OOOl.
! Each share of stock shall he entitled TO
one vote at all meetings of stockholders
| to be cast in person or by written proxy.
] ANY stOckholder wishing to dispose of
his stock, either in whole or i'll part, shall
I first offer the same to the stockholders OF
| the corporation, at the book value of said
| stock, and to be purchased by them IN
proportion to the stock held by them in
| the corporation, and they shall have ten
| days within which to accept said offer,
and failing to take advantage of said of,
| fer within the ten days stated, the said
stock may be to any third party.
| Article Y.-All the powers of said cor
| pOratiOn shall be vested in and exercised
/ by a Board OF directors 10 ne composer
! of three stockholders, majority of whom
shall constitute a quorum for the trans
! action of all business.
| The Board of Directors shall elect annu-
! ally from its number a President, a Vice
| President and a Secretary Treasurer, said
| Board and said officers to hold office un-
! til their successors shall have been elect
| ed and qualified.
! The Board of Directors shall be elected
| annually at general meeting of share
| holders to be held on the second Tuesday
| in June of each year, after ten days writ
ten notice mailed to each stakeholder by
! the secretary. at said stockholders last
/ known address appearing upon the books
| of the corporation, unless such notice be
waived in writing by all the stockholders
| appearing as such upon the books of the
/ corporation.
The first meeting of stockholders pro-
| vided for in this charter shall be held on
the second Tuesday in June 1919, and un-
| til said meeting of stockholders. the Board
| Of Directors of this corporation shall con
! SSt of: GuStaVe Hammar, I0i Webster
! St. New Orleans, La; Edward Felice, 20iO
Manion, 81 Hennen Bldg, New Orleans,
| La, of whom Gustaye Hammar shall be
! President, Martin ii. Manion, shall be Vice
| President and Edward Felice shall be
Secretary Treasurer and who shall hold
| office, as stated, until their successors are
| elected and qualified ut the annual meet
ing to be held on the second Tuesday of
June. 1919.
/ i.
may be changed, altered or amended, or
| this corporation may be dissolved by and
! with the consent Of the holders Of two
| thirds in amount OF its then outstanding
! stock at general meeting convened for
! that purpose, after thirty days notice in
writing mailed to each stockholders last
/ known address.
! If this corporation should be dissolved
/ by limitation or otherwise, its affairs shall
/ be liquidated, under he supervision of
| three commi ssioners to be elected at a gen
| eral meeting of shareholders convened for
/ that purpose, after notice as above pro-
vided in this article, and they shall re-
| main in office until the affairs of the cor
| pOration shall have been fully liquidated
! and in case of the death or disability TO
act of one or more of the said liquidators,
the survivor or survivors shall continue
| to act under the provisions and in ac-
| cordance with the terms of Section 80 of
Act 267 of 1914.
| Article Vino shareholder of this cor
pOratiOn shall ever be held liable or re-
spOnsihle for the contracts or faults of
| this corporation in any further sum than
the unpaid balance due upon the shares
of stock owned by him; nor shall any
mere infOrmality in the organization have
the effect of rendering this charter null or
| of exposing any shareholder to any liabil-
ity beyond the unpaid balance due upon
| his stock; nor shall any informality or
| irregularity in the organization have the
effect of rendering any shareholder liable
\ as partner.
Thus done and passed in my office in
| the City of New Orleans, on the day,
month and year herein first above written
| in the presence of Messieurs. August ii.
| Ritter and Albert Ritter. competent wit
neSSes, who hereuntO sign their names
with the said appearers and me- Notary,