The herald., 1918-08-01
CHARTER.

] " Leather
company, Inc. ana under said corporate
name. il shall have succession for ninety
nine years, unless sooner dissolved, and
shall have power and authority TO con-
tract. 81" and b" sued, 10 make and use
'1 corporate seal. the same to alter or
break at pleasure. To make an necessary
rules and regulations for its corporate
management ANA control ana IL shall have
Hud enjoy an the rights. privileges and
IIuWunItI"> which are now conferred upon
or may hereafter be- granted To corpora
+ iI"u~ OF The sHmc Kind and character.
. Nrtirl" 1.-THE domiciln of said rorpor-
/ d'I"H >uail hr lu the city OF New Orleans
I state Of Louisiana, and an citation and
other legal PROFESS shall he served upon
the if,Nld"Ht OF -Hid corporation, and, in
ra~" of his absence upon the Vice prcsi-
. dent and IN the cas-" of the absence Of
/ h"th upon the Secretary Treasurer.
Article lll.-Ih" objects and purposes
Tor winch said corporation IL organized
ar" r'Hrrd To be To buy, sell and gen
orally d'aI in any lin" of merchandise. at
Nh"l"~ll" or retail. as manufacturers
agents. district representatives. brokers or
otherwise. particularly iu hides and lrath-
'F' ana I" manufacture "a" same into cv-
cry KIND and character Of commodities:
to do 81 general export and import bust
ness ma keeping with the objects and pur-
poses herein st forth, said business To be
carried on throughout the United States.
'ual"maid and all foreign countries; said
business 10 be conducted by the corpora
Uoh IN Its own name. or as agents for
others, on 81 commission basis or other
Wis" and generally to do any and all
i1t"g- incidental OF gcrmauc 10 any OF
%" objects and purposes of "A mercantile
business: The said corporation may own,
buy. sell lease aud hypothvratr such real
estate as the Board of Directors may deem
tit and proper.
Article ~. The capital stock OF said
corporation is hereby fiNrd at the sum OF
niiN thousand dollars tSJOuOOOul. divided
int" hv" hundred CjoOJ shares of the par
value ut one hundred dollars (SlOOOO
each. and said stock may H., issued for
. pf
vices actually received hy or rendered to
the corporation. sand corporation shall be
Il going concern when thirty thousand
dollars lNSu.uuOuOl of its Capital stock
shall have been subscribed and paid for
Ia" parties hereto declare that they
have subscribed for IN" number of shares
of the capital stock of the corporation set
OPPOSITE their respective names, so that
tins act of Incorporation shall serve as an
original subscriptions
No transfer Of stock shall he binding
on inns corporation unless made and re-
corded upon its books.
The amount To which the capital stock
OF SAID corporation may he increased is
hereby fixed AT the sum of one hundred
thousand dollars $500, OOOOOl.
Each share of stock shall be entitled to
one vote at all meetings of stockholders
10 be east in person or by written proxy.
Any stakeholder wishing to dispose Of
his stock, either in whole or in part shall
hrSt oiter the same to the stockholders of
the corporation, ut the book value of said
stock, and to be purchased by them in
proportion to the stock held by them in
the corporation, and they shall have ten
days within which to accept said offer
ana failing to take advantage of said Of
fer within the ten days stated, the said
stock may be to any third party.
Article N.-All the powers of said cor
pOratlOn shall be vested in and exercised
by Board of Directors to be composed
OF three stockholders. a majority of whom
Shall constitute quorum for the trans
action of all business.
The Board of Directors shall elect annu-
ally from its number a President n Vice
PRESIDENT and a Secretary Treasurer, said
Board and said officers to hold office un-
III their successors shall have been elect
ed and qualified.
The Board of Directors shall be elected
annually at general meeting of share
holders to be held on the second Tuesday
in June of each year, after ten days writ
ten notice mailed to each stakeholder by
the secretary, at said stockholders last
known address appearing upon the books
of the corporation, unless such notice be
waived in writing by all the stockholders
appearing as such upon the books of the
corporation.
The first meeting of stockholders pro-
vided for in this charter shall be held on
the second Tuesday in June, 1919 and I'M
vi SAID meeting of stockholders, the Board
OF Directors of this corporation shall con-
sist Of: Gustaye Hammar, 7O4 Webster
81, New Orleans, La; Edward Felice, 204O
Milan St, New Orleans, La; Martin ii.
Manion, 3l7 Hennen Bldg, New Orleans,
President, Martin III. ManiOn, shall be Vice
President, and Edward Felice shall be
Secretary Treasurer. and who shall hold
office, stated, until their successors are
elected and qualified mt the annual meet
ing to be held on the second Tuesday Of
June, 1919.
Article NI.-This act of incorporation
may be changed, altered or amended, or
this corporation may be dissolved by and
with the consent of the holders of two
thirds IN amount OF its then outstanding
stock at general meeting convened for
that purpose. after thirty days notice in
writing mailed to each stockholders last
known address.
If this corporation should be dissolved
by limitation or otherwise, its affairs shall
be liquidated, under he supervision of
eral meeting of shareholders convened for
that purpose, after notice as above pro-
yided in this article, and they shall re-
poratiOn shall have been fully liquidated;
and in case of the death or disability to
act of one or more Of the said liquidators,
the survivor or survivors shall continue
to act under the provisions and in ac-
cordance with the terms of Section 80 of
Act 267 of 1914.
Article Vino shareholder of this cor
porattOn shall ever be held liable or re-
sponsible for the contracts or faults of
this corporation in any further sum than
the unpaid balance due upon the shares
mere informality in the organization have
the effect of rendering this charter null or
of exposing any shareholder to any liabil-
1ty beyond the unpaid balance due upon
his stock; nor shall any infOrmality or
irregularity in the organization have the
effect of rendering any shareholder liable
as partner.
Thus done and passed, in my Office in
the City of New Orleans, on the day,
month and year herein first above written,
In the presence of Messieurs. August ii.
Ritter and Albert Ritter, competent wit
nesses, who hereunto sign their names
with the said appearers and me, Notary,
after reading of the whole and the said
appearers have hereunto signed opposite
their names the number Of shares of stock
OF this corporation subscribed for by
them.
(Original signed:
G. Hammar, 70i Webster ST., $50 shares;
+. Felice 20i0 Milan ST., 149 shares; Mar
tin ii. Manion, 81 Hennen Bldg, one ID
share.
Witnesses: A. ii. Ritter, Albert Ritter.
]. NJ. QUINTERO, Not. Pub.
i, the undersigned, Recorder of Mort
cages, in and for the Parish of Orleans,
State of Louisiana, do hereby certify that
the above and foregoing act Of incorpora-
ton of the International Hide a. Leather
Company, Inc, was this day duly record
ed in my Office, in book 1922, folio -
New Orleans, La, July 10. 1913.
(Signed) EMILE j. LEONARD, by. r.
j. NJ QUINTERO, Not. Pub.
July li-lS-25-Aug. 1915.