The herald., 1918-03-07
January 10Th, 1918.
CHARTER
State. Of Louisiana, Parish of Orleans, City
OF New Orleans.
OF G. MICHAELIS & co, INC,

Be it known, That on this sixteenth day
OF the month OF January, in the year one
thousand nine hundred and eighteen GglSl
Before me. Bernard Titche. a notary public
duly commissioned and qualified in and for
the Parish Of Orleans, and in the presence
Of the witnesses hereinafter named, person
ally came and appeared the several persons
hereinafter named and undersigned, all res
. idcntS OF the City of New Orleans, and all
. of the full age OF majority. who severally
declared that, availing themselves Of the laws
81 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 thew have cove
naned and agreed and by these presents
/ do covenant and agree for themselves. their
! successors and assigns, 70 form themselves
INTO corporation and body polite for the
DIRECTS and purposes and under the stipu.
lationS following:
! Article 1.-The name and title Of this cor
poration shall be g. 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 Inv
It are declared TO be as follows:
To carry on the business of retail dealers
IN Jewelry silverware, bric-a-b rac, ornaments,
etc, The carrying on the business of pawn
brokers, pledge and loan business, and "a
deal at retail in merchandise generally as
may be deemed advantageous
Article lll-The capital stock of this COM
Pany IS hxe d. at the sum of twenty five
hundred fifty (25O) shares of the par value of
one hundred $4,000 dollars each, to be paid
for IN cash OF its equivalent in property. No
stakeholder shall ever sell or ever 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 Directors at the book value of said stock
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 Nlnety-Nine years from the date hereof
Article NI.-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 CD directors
OF whom the majority shall constitute quo
rum for the transaction of business. Until
/ January IS, 1919, the following named persons
shall constitute the Board of Directors,
| namely: Gustav Michaelis, No 27l8 Milan
Street. Samuel NJ. Mayer, No. $40 Prytania
Street. Joseph Goldstein, No. 7+43 Maple
Street.
Thereafter the Board of Directors shall be
composed of stockholders who shall be elect
ed annually beginning with January Is 1919
Any stakeholder shall be eligible to the
membership Of the Board without regard to
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; it shall
| require a majority of stock present or re-
presented to elect. Failure to elect a Board
D.! 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
] avn ~ nfE -
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 to
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 exigences OF the
case may require.
i Article VII.-The officers of this corporation
shall consist of a President, a Vice-President
and Secretary-Treasurer. 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
the following named persons shall be the
officers of the Company, to-wit: Gustav
Michaelis, 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 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
wear first above written, In the presence of
Victor X. Kam 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
reading of the whole.
Original Signed: Gustav Michaelis, 27lS
Milan ST.. rs shares; s. NJ. Mayer, 5346
Prytania ST., ia shares; Mrs. S. NJ Mayer,
5346 Prytania ST.. 10 shares; Mrs. Gustav
Michaelis, 27ls Milan ST., 10 shares Joseph
Goldstein, 7443 Maple St, ! share.
Witnesses: Victor K. Kan. Edwin F. Adams.
i 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, IAN D. 1918
!. (Signe0 EMILE J. LEONARD. by. r.
! I, the undersigned Notary, hereby certify
I that the foregoing is a true and correct copy
of the original charter of G. Michselis &