The herald. [volume] (New Orleans, La.) 1905-1953, 1918-09-05
CHARTER OF
MoRAIS-HILLER JEwELRY COMPANY,
INC

State OF Louisiana, Parish of Orleans, City
OF New Orleans.
Re it known That on this first day Of the
month of August in the year one thousand,
nine hundred and eighteen QolS),
Before me, Wynne G.. Rogers, notary
public, duly commissioned and qualified in
and for the Parish OF Orleans, and in the
presence of the witnesses hereinafter named.
personally came and appeared the several
persons hereinafter named and undersigned,
all of the full age OF majority, who severally
declared that, availing themselves of the
laws of the State of Louisiana and particu-
larly of the provisions of the Act No. 267
of the General Assembly of 1914, relative to
the formation of corporations. they have
covenanted and agreed, and by these pres
ents do covenant and agree for themselves,
their successors and assigns, TO form them
selves into a corporation and body polite
for the objects and purposes and under the
stipulations following:
ARTICLE 1.-The name and title of this
corporation shall be Morais-lliller Jewelry
Company, Inc.
ARTICLE 1.-THE purposes and objects for
which this corporation is organized. and the
nature of the business TO be carried on by
il declared to be as follows:
To conduct and carry on the business of
manufacturing. buying, selling, and dealing
in, watches, silverware, jewelry, curiosities,
articles of vertu, precious stones, gold and
silver plate, plated articles, clocks, chro-
meters, optical and scientific instruments.
and appliances of every description, and all
such articles of merchandise as are sold IN
the jewelry business, and as commission
agents and general merchants.
To acquire the property, rights, franchise,
good will, and assets of every kind, of any
person, firm, corporation or association, either
wholly partly, and TO pay for the same IN
cash, or in stock of the Company, or other.
wise, as may be permitted by the laws Of
this State, and especially to take over as
going concern the business carried
on in this City by Adrian Morals.
ARTICLE III.-The capital stock of this
corporation shall be Fifty Thousand Dollars
(sS0OOOO) divided into five hundred $500
shares Of One Hundred Dollars $1,000 each,
to be paid for in cash, or in property, It's
equivalent. and If not in cash, then the
Board Of Directors of the Company shall
determine the value Of such equivalent Of
| fered.
The Corporation by a vote of the majority
| of the entire Board of Directors may au-
| thorize an increase of the capital stock up
| to a total Of one hundred thousand dollars
| (Sl0O, 10000.
This Company shall be going concern,
and shall have the right to carry on business
as soon as thirty-five thousand dollars
(sJ5 10000 of its. capital stock shall have
been subscribed for.
| All sales ana other transfers OF any OF
| the stock Of this Corporation shall be void
| unless said stock shall have been previously
| offered TO the then existing stockholders
/ through the Board OF Directors at stipu-
lated price, and if the Board, for said stock.
holders, does not fit 10 purchase said
stock then it shall not be sold at a les.
price or upon more favorable terms, without
likewise offering it to the Board at such
price and upon said terms.
| In case Of sale transfer of stock, or the
issue Of increased capital stock, the then
holders Of stock of the Company shall have
the right to purchase said stock in the ratio
of their holdings Of stock OF the Company
| This provision shall be written, printed OF
stamped on each certificate of stock
ARTICLE IV.-The domicile of the Cor
poration shall be the City Of New Orleans
! State Of Louisiana, where all citation or Other
legal process shall be served on the Treas
urer or, in his absence, on the President.
| ARTICLE V.-This Corporation shall have
and enjoy succession and duration for tn,
period Of ninety-nine (99) years IRON the date
hereof.
ARTICLE VI.-All the corporate power
of this Corporation shall be vested in anC
exercised by a Board Of Directors which shall
be composed of not less than three ~ di
rectors, nor more than five 80, OF whom IN
majority shall constitute quorum for m
transaction Of business.
\ The following named persons shall con
sti,ute the first Board Of Directors, to-wit
Adrian J. Morals, Alphonse B. Hitler, Der
nard Titche, Lucien Monrose, and Sampso
L. Hitler. They shall hold office until tn
second Monday in January; 1920. or unit
Thereafter the Board Of Directors shall b
composed of stock holders who shall be elect
. ed annually by the stockholders at a mee'
. ling on the second Monday in January, l92
: ! and annually thereafter, on the second MOI
day of each year. If the second Monda
r in January be legal holiday, the meeur
shall be held on the next business day =