The herald., 1918-12-05
CHARTER OF KARL HANSEN CO.. INC.

United States of America. State of Louis
| lana, City of New Orleans, Parish of Or
leans Be it known and remembered, that
on this p day of the month of November in
the year of our Lord. nineteen hundred and
eighteen, before me, Martin III. Manion, a
Notary Public duly sworn, commissioned and
qualified, in and for the Parish and State
aforesaid; and in the presence of the wit
nesses hereinafter named and undersigned;
personally came and appeared the persons
whose names are hereto subscribed, who de-
clared that, availing themselves of the
provisions of the laws Of this State relative
to the organization of corporations and
more particularly of Act 267 of the General
Assembly of the State of Louisiana, for the
year 1914; they have covenanted and agreed,
and do by these presents, covenant and
selves, as well as such other persons as may
hereafter join or become associated with
them, into an association and body polite
in law, for the objects and purposes, and I'M
der the agreements and stipulations herein
after set forth. to-wit:
ARTICLE 1.-The name and title of this
corporation shall be Karl Hansen Company,
Inc.," and under that name it shall have and
| enjoy all the rights, privileges and advan-
tages conferred by the State of Louisiana on
corporations in general, and shall exist for
a period Of ninety nine years, unless other
wise dissolved, beginning from date of this
act of incorporation. 1t shall have power
and authority to sue, and be sued, to buy
lQs
pothecate and pledge property, personal and
mixed; to name, elect and appoint managers,
directors, and clerks and other employees to
properly conduct its corporate business, and
TO make bylaws, rules and regulations as
may be found necessary or desirable for the
management Of the corporation, and shall do
everything to Ncorrectly carry out its objects
and purposes.
ARTICLE 1.-THE domicile of this cor
poration is hereby declared to be the City
Of New Orleans State of Louisiana. All CT
tations and other legal process shall be served
President on the Vice4President, and in
the absence of both of them upon the Secre-
tary- Treasurer, of the corporation.
ARTICLE III.-The objects and purposes
for which this corporation is organized, and
the business to be conducted by il, are de-
clared to be, manufacturers and dealers in
store fixtures, and store fronts, and in fact
everything incidental thereto or connected
Herewith, and TO deal in other articles of
commerce.
ARTICLE Iv-The capital stock of this
corporation shall be fifty thousand dollars
Cso,ooooo), divided into 500 shares of the
par value of one hundred (Sl00.0O dollars per
share. Said stock shall be represented by
certificates of stock to be issued at such time
and for such amount. as the board Of direc-
tors shall see fit and proper. and shall be
paid for ncash, or its equivalent in prop.
erty, as the Board of Directors shall decide.
All shares shall be full paid and non-as-
sessable. No stakeholder shall have the
right to sell or otherwise dispose of his
stock in this corporation, without first Of
fering same to this corporation, and to the
individual members of this corporation, at
the book value thereof, and this corporation
is authorized to purchase said stock at said
book value for the benefit of the other stock
holders Of the corporation. Should the cor
poration decline to purchase said stock the