The herald. [volume] (New Orleans, La.) 1905-1953, 1918-09-12
CHARTERS.
,vcoRPoRATIoN OF THE
,,sssER COMPANY, INC.

,..;,ed States S o. City of New Orleans.
parish OF o'e' l.. g
w,. That on this the Slst a1f Cd ID
Be It Of July, in the yeJii s; 10 and
be .gSCosysand nine NUM- the United States of
y the lndePe~ one hundred and foFtS-seeonu'
snsn''' ,,,,h Sinai, Notary Public,
p,fore me, yS5 and qualified, IN and IoI
- comm s. OH-I.ans therein residing, per
- Parish Oh "A aDpeared the persons WhosS
pss.lly came 81 subscribed, who declared
,sres are themselves Of me Pos ~
bat ";t,S of this STATE "a more par-
4 the laws e corporations, and more iRI SIi
limitation Of 5s7 Of the General Assembly
:ssafiy OF h9' ,nnroyed July 9th, i9l4, they
q this SIae, and agreed, and 90 oy
Ave oovena..' covenant and agree 1lhu,
bsse pa constitute themselyfts, ioin or be-
~ persons VIZ With them, into corpora
ne sssoeia ooIitic in law, tor the on
ssn and poug ,sss and under the agreements
jscis ana p ,tions following, to-"i''
40 THE name Of this corporation
ARTlCLL,r Gessner Company, lncorpo-
.hsll be ,,der this corporate name, II
rieed anu nd enjoy all the rights aa'an,
shdl nd privileges gIaHsse u re ,rTiod of
ASPIRATIONS Us from this date, It snail
sinety.nine 10 contract, sue ana De sueu
AVE the Po"S,s name; to make and use
d its PssaI and the same 10 DIedN VI
opOfa rs pleasure, to hold, fG Sno,ie Pu
rnl convey, mortgage, 10 and personal
q pledge Vfrornoreal and incorpoTeal. 10
sBd mikeo h'ooo;nt such managers, agents. d.
sane and officers as us DusiI1'' %
reetofs, Convenience may require, anu ~
esis nd establish as wen as - - -,,Ias
Inend nyy .,;nns for the proper government
and regnl Ls,Di as may be necessary and
4 this corporation -
proper ,.;-;,. 81 This corno.
ARIlILLnI he in the City of New Orleans;
r1,ion SnAn ,is;ana. and all citations ana
STATE o. oTocess shall be served on the
ahef esA ar in his absence, upon the sec
President Oh ~
r5fy. II ,,,,-ros.s
AkiliJL his corporation IS estaohshed ana
- nature Of the business 10 DC e''t - bUv
Todaks. books, stationery, news ana
and SCI ri souvenirs, and to carry on the
n0'en ~ engraving, enclosing piiH'iIS
busipIs:, ,SSosraphing, and in general 20 90 an
az connected with the business doOte
hngs and the general stationery DUST
mentioned Sn no,Jnct same in all its branches
ness' anu, Snu and 10 do all things necessary
and aels' .nd convenient TO the SAID busi-
md poPo ,ny wise connected Herewith.
,nr,rrE Iy.-The Capital Stock of this
RIlCLE bereby fixed at the sum of
grp'r7r1LIo O.,,,nd Dollars (S5,0OO0) to be di-
nv, nv fifty (5O shares OF the par value
uoe 0.. -" Hundred Dollars $4,000 each.
.s,.s Of stock shall be issued at par
saia sn when issued shall be paid for IN
o. nroperty or the equivalent thereof;
IN shares Of stock shall De lssueu a. run
NJ 'H .sd non-assessable, and no transfer OF
pG S Mi he binding on the said corpora
WV .-i.ss recorded on its DOCKS.
- =, transfer of shares of stock in
70 . ss,S shall be valid and binding
ms a. y. cornoration in any manner whilst
On u .b,res are pledged by the owner there
Id
~. ,orooration shall be a going concern
ia nS, a. fifty per cent of its capital stock
=, S.,n subscribed and paid for IN cash
n It's equivalent.
Til, eorDOration shall have the right to in
'.s i,s capital stock up to the further
~ a. Fifty Thousand Dollars (SoON0lOO),
ss ,,S nart thereof, to be divided into shares
4 One Hundred Dollars SlOC.OO) each' pro,
sasS s,;d increase in the capital stock shall
,Hsa WE hsrn authorized by the stockholders
~ meeting held pursuant to the provisions
q the law.
,pTcE v-All the powers Of this cor
.ar,,;ou shall be vested in and exercised by
Rad Of Directors to be composed OF three
..,.ons ali stockholders, any two OF whom
All constitute a quorum for the transaction
a tbe business and affairs of this corpora
ton
The Directors shall be elected annually by
bsllOt, by the stockholders, on the second
Monday Of August in each year. Ihe tirst
election under this charter shall be held on
tbe second Monday in August, 1870.
Each stoekholder shall be entitled, in per-
son or BY proxy, to one vote for every share
d stock owned by him, and all elections shall
Be held under such rules and regulations
Is may be specified by the Board of Di.
rrctOrs after fifteen Q9 days notice of
such election shall have been sent to each
stockholder at his last known address.
No failure to elect Directors shall be re-
prd.d as a forfeiture of this charter.
ANY vacancy occurring on such Board of
Directors shall be filled by the remaining
Directors for the unexpired term.
Said Board Of Directors shall, at its first
meeting after its election, nominate, out OF
Is own number, President, Secretary and
Treasurer. The office of Secretary and
Treasurer may be combined and held by one
Frson. The Secretary need not be stock
hder
Said Board of Directors shall have the
nsht to appoint and dismiss such clerks,
nanagers and other employees of the corpo-
alton as, in its judgment, may be deemed
rteessary.
The tenure of office of all the employees
the corporation shall be during the plea
sure Of the Board.
Any Director shall have the right to APP
pint IN writing, any other Drecor, to act
his proxy and in his stead, at any and
VI meetings Of the Board of Directors
ARTICLE vI-Thonas F. Gessner, whose
Post Office address is 45ls Baronne St, New
Stans La, Mrs. Alice B. Gessner, whose
raS Office address is 43lS Baronne ST.,
M Orleans, La, and Gus d. Levy,
sss,s Post Office address is 1890 Gen.
ss,salng st. New Orleans, La, shall con-
apofahon, with Thos F. Gessner, as Presi-
~ and Mrs. Alice B. Gessner, Secretary
'l.ssaler to serve until August, 1920, or
@'ni neir successors are elected.
AkflOLE vn.-This act of incorporation
& changed, modified, or altered, or
49,. n.y. .'poration may be dissolved, with the
m Il. stockholders owning two-thirds OF
49,, Noek OF this corporation, at a gen.
~ meeting convened for that purpose, and
S.s AZ a least fifteen days written notice OF
49,. aaeeuns has been given personally OF
Sran me mail addressed to each stock.
y ms last recorded address. In case
6,,.ss 'iu'ion, BY the expiration of this
A. H.. o'herwise, after compliance with
E,;isM The stockholders shall elect two
a'ors from among their number to Ii.
-. and settle the business and affairs
Am corporation. The said liquidators
Ss,., n lIs full power to settle the corpora
M ,ee s and divide the remaining money
A. .vI eiy among the stockholders. Ir
y, :, ~. ~ o. the death or disability of any
L,m~ ,s s,,d iIguidatOrs, the remaining liqui
o., 'S Gu, iulfill all the duties Of liqui
81, s Saio hquidator sahll have the power
81. ne price and prescribe the term:
MA ~ ~ sa,d property and the manner ir
L v,.,.s saie shall be made. They shall
psey gu with full, final and complete
uejisrs !. authority, necessary, proper anC
- nng to wind up and l;opid te tbe bus;
~ affairs of the corporation