The herald., 1918-08-08
CHARTER OF
MoRAIs-HILLER yEwELRY COMPANY,

BE il known, Tha; on this first day 81 the
month Of August IN the year one thousand
nine hundred and eighteen obs,
Before me, Wyune &. Rogers, notary
public duly commissioned and qualified IN
and Tor the Parish % Orleans, and IN the
presence Of the witnesses hereinafter named,
personally came and appeared the several
persons hereinafter named and uudeTslgncd'
all OF the full age OF majority, who scvcrally
declared that. availug themselves Of the
laws OF the State OF Louisiana and par.icu-
larry Of the provisions OF the Act No. 1o7
OF the General Assembly OF 1914, relative TO
the formation OF corporations, they have
covenantcd and agreed, and by these pres
ents do covenant and agree Tor themselves,
their successors and assigns, 10 form them
selves into a corporation and body polite
for the objects and purposes and under the
stipuations following:
ARTICLE 1.-The name and title Of this
corporation shall be Morais-IIiller JewclTy
ARTICLE 1.-THE purposes and objects for
which this corporation Is organized, and the
nature Of the business 20 be carried on by
IL are declared TO be follows:
To conduct and carry on the business 81
manufacturing, buying, selling, and dealing
in, watches, SilyerwaTc, Jewelry, cuTl0slueS.
articles Of vertu, precious stones. gold and
silver plate, plated articles. clocks. chro-
METERS optical and scientific instruments.
and appliances Of every description. and all
such articles of merchandise as are sold IN
the jewclry business, and As commission
agents and general merchants.
To acquire the property, rights. franchise,
good will, and assets OF every kind, Of any
person, firm, corporation or association, either
wholly or partly, and 10 pay for the same IN
cash, or in stock Of the Company, or other
wise, as may be permitted by the laws OF
this State, and especially 10 take over as
going concern the business now carried
on in this City by Adrian Morals.
ARTICLE III.-The capital stock Of this
corporation shall be Fifty Thousand Dollars
(S50,OCOON, divided into five hundred 'ooJ)
shares Of One Hundred Dollars SlO0) each,
20 be paid for in cash, or IN property, ITS
equivalent, and if not in cash, then the
Board Of Directors of the Company shall
determine the value OF such equivalent OF
fered.
The Corporation by vote of the majority
of the entire Board Of Directors may au-
thorize an increase Of the capital stock up
to a total of one hundred thousand dollars
(SlOlOOOOO).
This Company shall be going concern,
and shall have the right to carry on business
as soon as thirty thousand dollars
($3s,OO0OO of its capital stock shall have
been subscribed for.
All sales and other transfers Of any OF
the stock of this Corporation shall be void
unless said stock shall have been previously
Offered to the then existing stockholders
through the Board of Directors at a stipu-
lated price and If the Board, for said stock.
holders, does not see fit 70 purchase said
stock, then it shall not be sold at a less
price, or upon more favorable terms, without
price and upon said terms.
In case Of sale or transfer of stock, or the
issue of increased capital stock. the then
holders of stock OF the Company. snail nave
the right to purchase said stock in the ratio
of their holdings of stock OF the Company.
This provision shall be written, printed or
stamped on each certificate of stock.
ARTICLE IV.-The domicile OF the Cor
poration shall be the City of New Orleans.
State of Louisiana, where all citation or other
legal process shall be served on the Treas
urer, or, in his absence, on the President.
ARTICLE N.-This Corporation shall have
and enioy succession and duration for the
period of ninety-nine C99) years from me da'e
hereof.
of this Corporation shall be vested in and
exercised BY Board Of Directors which shall
be composed of not less than three go d.
rectors, nor more than five 90, OF whom me
majority shall constitute quorum ior Inc
transaction of business. -
The following named persons shall con
stitute the first Board OF Directors, to-wlt'
Adrian J. Morals. Alphonse b. Hitler, Der
l. Hitler They shall hold office until tbs
second Monday in January; ~ or UNI
their successors are elected and qualitied
Thereafter the Board Of Directors shall b'
composed of stockholders who shall be elect
ed annually by the stockholders at a meet
ing on the second Monday in January. 1920
and annually thereafter, on the second Mon
day of each year. IT ne second Mo a.isy
a
shall be held on the next business day. "A
all meetings of the stockholders the voting
shall be by ballot.
The Board of Directors shall employ anC
dismiss such clerks, managers, and othei
EMPLOYEES as the interest and business o.
the Company may justify, and they may
delegate this power TO the President anC
Treasured ANY Of the Directors may, by
written instrument, appoint another directo
60 act as his proxy. at any and all meetings
of the Board of Directors.
Any of the Officers or employees OF tins
Corporation may be removed at any time by
vote of majority Of the whole Board.
ARTICLE NII-The Officers Of this Cor
poration shall be a President Vice-Presi
dent, a Treasurer. and a Secretary, each o
whom. with the exception OF the Secretary
must be a stockholder. The Offices OF Sec
Rotary and Treasurer may be held BY on'
and the person. The Officers shall b
chosen by the Board Of Directors. Unit
the second Monday in January. 1920. the fol
lowing persons shall be the officers Of IN
Company. viz:
Adrian J. Morals. President.
Samson l.. Hitler, Nice-President.
Alphonse B. Hitler. Secretary and
ARTICLE NIII.-No notes other nego
G1s instruments and no orders for the pay
OF money, and no contracts shall b.
unless the same shall be authorized
the signatures of two Officers of TIN
company.
ARTICLE IX.-No stockholder shall eve
tract or faults Of this Corporation in an,
further sum than any unpaid balance du,
on the shares of stock owned by him; no
shall any nfOrmality in organization hav
the effect of rendering this Charter null o
of exposing stakeholder TO any labilit,
beycnd any amount due on his stock.
ARTICLE N.-This Charter may be al
tered or amended. in any manner including
the increase or decrease Of its capital stock
and the affairs of the CORPORATION wound NJ
and the Corporation itself dissolved in tn
manner and complying with the existin
laws.
The incorporators hereof have placed oppo
site their respective signatures the numbe
of shares of the capital stock for which eacl
have subscribed, which is to be taken ant
considered as the original subscription lis
of this Corporation, and to be recorded a
such.
Thus done and passed at my office at tn
City Of New Orleans. on the day, month an
wear first above written, in the presence o
George Verret, Jr, and Stephen A. Mascara
witnesses Of lawful age, residing in thi
city who together with said appearers AM
me, notary. have signed their names, afte
due reading Of the whole.
Witnesses: Geo. Verret, Jr., Stephen A
wYNNE C. ROGERS.
Not. Pub.
New Orleans. La, Aug. 5. 1913.
l. the undersigned Recorder of Mortgages
in and for the parish of Orleans. State o
Louisiana, do hereby certify that the Ac
of incorporation, Of the Morais-Hiller Jewelr
Company Inc, was this day duly recorde'
in my office. in Book 1927 Folio =.
EMILE J. LEONARD, 10y. X