The herald., 1918-11-21
CHARTER OF B. H. DECKER COMPANY,


United States Of America, State of Louis
lana, City of New Orleans. Be IT known,
that on this second day of November, in
the year one thousand nine hundred and
eighteen, before me, John Wagner, Notary
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 names hereunto
subscribed who declared that awaiting 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 a 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 a 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 for same !;
to own stock in any other corporation; to
conduct and carry on the business herein
after stipulated; to appoint such officers,
agents and employees as may be necessary
IN It's business, 10 DO all things necessary
to carry on its business.
ARTICLE II.-AA citation and other legal
process shall be served on the President or
in his absence or disability, the Vice
President.
ARTICLE III.-The directs and purposes
TOR which this corporation is organized and
the nature of the business to be carried on
by 1t are hereby declared to be- To buy
sell, exchange and deal in grain, flour, and
in all sorts of merchandise and property,
and generally to do regular mercantile
business; to receive and sell, grain, flour,
merchandise and property on a commiss
business, and generally to do a regular brok-
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 non
assessable; no shares of stock shall be trans
ferrcd except oh 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
property both real and personal, shall be vest
ed in the board 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
commencing on the second Tuesday of Aug
1919, except as may be hereinafter provided
for. Each stockhslder shall be entitled in
person or by proxy to vote on each share
OF stock sowned by him, and such election
shall be held under the rules and regula-
ma h. al szI I'll
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
this Charter. Any vacancy occurring on the
Board of Directors shall be filled by the
board and the board of directors shall at
their first meeting after their election
nominate out of their number and elect
President, Vice-President. and Secretary.
Treasurer, until the first election as above
specified, the first Board of Directors shall
be b. II. Decker, 2l5 Canal Bank Bldg
Morris ]. Dazet, 1910 N Claiborne St; Vital
Tujague, sl5 Dauphine St, with b. IL |
Decker, President; J. NJ. Dazet, Vice-Pres- |
dent; Vital Tujague. Secretary Treasurer.
al or special shall be held after nsice of
said meeting and shall be given in writing |
to each stakeholder, by the Secretary, either |
in person or by mail, ten days prior to sold |
meeting.
ARTICLE vI.-At the termination of this |
charter by limitation or otherwise, the bust |
ness or affairs shall be liquidated by two |
commissioners to be appointed from among |
the stockholders at meeting convened for |
hat purpose, after ten days notice in writing |
shall have been given by the Secretary to |
zach stakeholder in person or by mall said |
Commissioners to be elected by a majority /
vote of the shares of stock present or rep
resented at such meeting and voted in person
,r by proxy Said COMM soners shall re-
N rr1fi he fafr of h. CO..
,oration shall have been fully liquidated,
md in case of death, resignation or inabil-
ty Of either to act, his place shall be filled
BY the stockholders in like manner, until |
ARTICLE VII-This charter may be
hanged altered or amended or the cor
'oration shall be dissolved or ordered IL
undated by a vote of two-thirds of the CAPT.
al stock present represented at meet
ng of the stockholders convened for that
lI,rncse. after dzxs notice in writing L