The herald., 1918-11-28
CHARTER OF B. H. DECKER COMPANY,

United States of America, State of Louis
| lana, City OF New Orleans. Be il known,
that on this second day of November, in
| the year one thousand nine hundred and
| Public, duly commissioned and sworn, in
| and for the Parish of Orleans and City of
New Orleans. therein residing and in the
presence of the witnesses hereinafter named
and undersigned personally appeared: The
| several persons whose are hereunto
| subscribed who declared that availing them
selves of the laws of Louisiana, relative
to the organization OF corporations, do by
these presents, covenant, agree and stipu-
late to form themselves, their heirs and as
signs, into corporation and body polite
for the objects and purposes and under the
stipulations, which they hereby adopt as
their charter, to-wit:
ARTICLE 1.-The name and title of this
corporation shall be B. ii. Decker Co., In
corporated, and its domicile shall be in the
City of New Orleans, Louisiana, and under
said name it shall have and enjoy corporate
existence for a period of fifty years from
this date. to sue and be sued: to make and
use corporate seal, the same to break or
alter at pleasure; to purchase, hold, own,
leane, acquire, sell, ALLEVIATE, mortgage or
pledge property, both real and personal; to
borrow money and give security fer same;
to own stock in any other corporations; to
conduct and carry on the business herein
after stipulated; to appoint such officers,
agents and employees as may be necessary
TO carry its business.
ARTICLE lL-Al citation and other legal
process shall be served on the President, or
in his absence or disability, on the Vice
President.
ARTICLE III.-The objects and purposes
for which this corporation is organized and
theS nature of the business to be carried on
by Il are hereby declared to be: To buy
sell, Exchange and deal in grain, flour, and
in all sorts of merchandise and property
Ia arf,ta IL.
business; to receive and sell, grain, flour,
merchandise and property on a commi ssion
business, and generally to do a regular br6k-
erage and commission business, and to do
everything necessary to successfully carry
out the objects and purposes above set forth
ARTICLE IV.-The capital stock of this
corporation is hereby fixed at five thousand
dollars, divided into fifty shares of the par
value of one hundred dollars, each, which
stock shall be paid for in cash or in prop
erty, goods or merchandise, or in service or
labor actually performed for the CORPORA
ton; all stock shall be full paid and nom
assessable; no shares of stock shall be trans
ferred except on the books of the Company
and until the certificate of stock shall be |
delivered and cancelled. The capital stock of
this corporation may be increased to Fifty |
Thousand Dollars.
ARTICLE V.-All the corporate powers of !
this corporation and management and con-
troll Of this business including the power to |
buy, sell, mortgage, pledge or cucumber the |
property both real and personal, shall be vest |
ed in the boatd of directors TO be composed |
OF three stockholders. The Directors shall |
be elected annually by ballot by the stock |
holders on the second Tuesday of August
the second Tuesday of Aug
1872 except as may be hereinafter provided |
for. Each stakeholder shall be entitled in
person or by proxy to a vote on each share
of stock owned by him. and such election
shall be held under the rules and regula-
lions as may be adopted by the Board of
Directors. The Directors thus elected shall
continue for one year until their successors
shall have been elected, and no failure to
elect shall be regarded as a forfeiture of
his Charter Any vacancy occurring on the
Board of Directors shall be filled by the
board and the board of directors shall at
heir first meeting after their election,
nominate out of their number and elect a
President, VicePresident, and Secretary
Treasurer, until the first election as above
pecified, the first Board of Directors shall
'e b. III. Decker, 213 Canal Bank Bldg;
Norris ]. Dazet. 1910 n. Claiborne St; Vital
Decker, President; ]. NJ. Dazet, Vice-Presi-
lent; Vital Tujague. Secretary Treasurer.
Nj meetings of stockholders whet her gener-
j special shall be held after notice of
aid meeting and shall be given in writing
o each stakeholder. by the Secretary, either I
n person or by mail, ten days prior to sold ;
Meeting.
ARTICLE VI-At the termination of this !
narter Dy limitation or otherwise, the DuSi- | =
ess or affairs shall be liquidated by two :
commissioners to be appointed from among :
he stockholders at a meeting convened for !
nat purpose, after ten days notice in writing
hall have been given by the Secretary TO {
ach stakeholder in person or by mail, said /
commissioners to be elected by majority !
ote of the shares of stock present or rep J
esented at such meeting and voted in person /
r by proxy. Said Comm ssioners shall re- :
lain. in office until the affairs Of the Cor !
oration shall have been fully liquidated,
nd in case Of death, resignation or inabil- i
" of either to act, his place shall be filled I
y the stockholders in like manner, until o
ich time the survivor shall continue to act. c
ARTICLE VII-This charter may be o
hanged or altered or amended the cor
oration shall be dissolved or ordered Ii
Undated by vote of two-thirds of the capt.
Il stock present or represented at a meet
ig of the stockholders convened for that
,rpcse. after ten days notice in writing