The herald. [volume] (New Orleans, La.) 1905-1953, 1918-03-14
January 10th. 1918.
ruADTED
OF G. NCUAFTTS & {

CHARIER
OF G. MlCHAELIS & CO., INC.
State OF Louisiana, Parish of Orleans, City
Of New Orleans.
BE il known, That on this sixteenth day
OF the month Of January, in the year
thousand nine hundred and eighteen G9lS,
Before me, Bernard IItche, a notary public,
duly commissioned and qualified in and for
the Parish OF Orleans, and in the presence
ot the witnesses hereinafter named, person
ally came and appeared the several persons
hereinafter named and undersigned, all res
identS Of the City Of New Orleans and all
Of the full age OF majority, who severally
declared that, availing themselves of the laws
Of the State of Louisiana, and particularly Of
the provisions OF the Act No. 267 OF the
General Assembly of 1914 relative TO the
formation of corporations, they have cove
nanted and agreed, and by these presents
do covenant and agree for themselves, their
successors and assigns, to form themselves
into a corporation and body polite for the
objects and purposes and under the stipu-
latiOns following:
Article 1.-The name and title of this cor
Poration shall be q. Michaelis & 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
It are declared to be as follows:
To carry on the business of retail dealers
in jewelry, silverware, bric-a-brac, ornaments,
etc. The carrying or the business of pawn
brokers, pledge and loan business, and to
deal at retail in merchandise generally as
may be deemed advantageous.
Article llI.-The capital stock of this COM
pany IS fixed at the sum of twenty-five
thousand (S25,OOOOO) dollars, divided into two
hundred fifty (250) shares of the par value of
one hundred $4,000 dollars each, 10 be paid
for in cash its equivalent in property. No
stOckh lder shall ever sell transfer
the stock owned and held by him or any
part thereof without first offering the same
to the existing shareholders through the Board
of a. he han val Of eafI c+nl
the existing shareholders, through the Board
to purchase said stock, at its book value in
preference TO any other stock transfer.
Article IV.-The domicile of the CORPORA
ton shall be the City of New Orleans, State
Of Louisiana, where all citation or other
legal process shall be served on the Presi-
dent, or. in his absence, on the secretary,
or Secretary-treasurer.
Article N-This corporation shall have and
enjoy succession and duration for the period
Of NinetyNine years from the date hereof
Article VI.-All the corporate powers of this
corporation shall be vested in and exercised
by a Board of Directors which shall be
composed of not less than three 90 directors
of whom the majority shall constitute a quo
rum for the transaction of business. Until
January IS, 1919, the following named persons
shall constitute the Board of Directors,
namely: Gustav Mfchaelis, No. 27lS Milan
Street. Samuel NJ. Mayer, No. $40 Prytania
Street. Joseph Goldstein, No. 7443 Maple
Street.
Thereafter the Board of Directors shall be
composed of stockholders who shall be elect
ed annually beginning with January IS, 1919
Any stockholder shall be eligible to the
membership of the Board without regard 10
the number Of shares owned by him. All
elections shall be by ballot, and each stock
holder shall be entitled to one vote for
each share of stock standing in his name
on the books of the corporation: the vote
TO be cast in person or by proxy; il shall
require majority of stock present or re
presented to elect. Failure 10 elect a Board
Of Directors on January 18th, 1919, or there
after, shall not work as a forfeiture of this
charter, but the old Board of Directors shall
remain in Office until their successors are
elected and qualified
Any vacancy occurring in the Board of
Directors either from death, resignation or
inability to serve, shall be filled by the
Board of Directors at its next meeting. after
such vacancy shall have been brought 10
its knowledge
The first Board of Directors under this
Charter shall be required to draft a suitable
set Of bylaws, which bylaws may be altered,
amended or changed as the exigencies of the
case may require
Article VII.-The officers of this corporation
shall consist of a President, Vice-President
and SecretaryTreasurer, each of whom with
the exception Of the Secretary, must be a
stakeholder The Offices of Secretary and
Treasurer may be held by one and the same
person The officers shall be chosen by the
Board of Directors. Until January 18th, 1912,
! the following named persons shall be the
officers of the Company, to-wit: Gustav
Mchaelis, President; Joseph Goldstein, Vice
President; Samuel NJ. Mayer, Secretary and
| Article VIII.-This Charter may be altered
or amended in any manner including the
| increase or decrease Of its capital stock, and
the affairs Of the corporation wound up, and
the corporation itself dissolved in the manner
/ and on complying with the existing laws.
| The incorporators hereof have placed oppo-
| site their respective signatures the number
of shares of the capital stock for which each
| have subscribed, which is to be taken and
| considered as the original subscription list
of this corporation, and to be recorded as
/ such.
Thus done and passed, at my Office at the
| City Of New Orleans, on the day, month and
year first above written, In the presence Of
Victor X. Kiam and Edwin F. Adams, wit
nesses Of lawful age, residing in this. city,
who. together with said appearers and me,
notary. have, signed their names, after due
Original Signed: Gustav Michaels. 27ls
Milan ST.. lis shares; S. NJ. Mayer, s34t
| Prytania ST., ia shares; Mrs. S. NJ. Mayer,
5346 Prytania St. 10 shares; Mrs. Gustav
| Cioldstein, 7443 Maple ST., share.
Witnesses: Victor X. Kiam. Edwin F. Adams
BERNARD TITCHE, Not. Pub
I. the undersigned Recorder Of Mortgages
/ in and for the parish Of Orleans, State Of
Louisiana, do hereby certify that the above
and foregoing Act of Incorporation, Of the
G.. Michaelis & Company, Inc, was this day
duly recorded in my Office, in Book 1919
Folio 2l7.
New Orleans, Jan. D. 1918.
(Signed) EMILE J. LEONARD. by. r.
I, the undersigned Notary, hereby certify
that the foregoing is true and correct copy
of the original charter of G. Michselis q
Co., Inc, together with the certificate Of the
Recorder of Mortgages thereto attached. or
file and Of record in my Office. In faitf
whereof I have hereto set my hand and sea
this 22nd day of January. 1918.
/ BERNARD TITCHE, Not. Pub.
II Feb 7 IL p Is Mch II
| February 9th, y918.
/ ACT OF INCORPORATION
OF PHOENIX DEVELOPMENT COMPANY