The herald., 1918-11-07
CHARTER OF B. H. DECKER COMPANY,
INC.

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 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 are hereunto
subscribed who declared that availng 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 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
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 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 its business; to do all things necessary
to carry its business
ARTICLE II.-All citation and other legal
process shall be served the President, or
in his absence or disability, the Vice
President.
ARTICLE III.-The objects and purposes
for which this corporation is organized and
the nature of the business TO be carried on
by it are hereby declared to be: To bay,
sell, exchange and deal in grain, flour, and
in all sorts of merchandise and property,
and generally to do a regular mercantile
business; to receive and sell, grain. flour,
merchandise and property on a commission
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
ferred except 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
buy, sell, mortgage, pledge cucumber the
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 the second Tuesday of August,
commencing on the second Tuesday Of Aug,
1919, except may be hereinafter provided
for. Each stakeholder shall be entitled in
person or by proxy to a vote on each share
of stock owned by him, and such election
shall be held under the rules and regua-
tons as may be adopted by the Board Of
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 a
President, 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, 100 n. Claiborne St; Vital
Tujague, Sl5 Dauphine St, with b. II.
Decker, President; J. NJ. Dazet Vice-Presi-
dent; Vital TuJague, Secretary-Tresurer.
All meetings of stockholders whether gener-
al or special shall be held after notice Of
said meeting and shall be given in writing
IN person or by mail, ten days prior to sold |
meeting.
ARTICLE VI.-At the termination of this |
charter by limitation otherwise, the bust |
ness affairs shall be liquidated by two |
commissioners to be appointed from among |
the stockholders at a meeting convened for |
that purpose, after ten days notice in writing |
shall have been given by the Secretary 10 |
each stakeholder in person or by mail, said |
Commissioners to be elected by 4 majority |
vote Of the shares of stock present or rep
resented at such meeting and voted in person |
or by proxy. Said Commi ssiOners shall re- |
main in office until the affairs Of the Cor |
poration shall have been fully ltqudated, /
and in of death. resignation or inabil.
ity of either to act, his place shall be filled |
by the stockholders in like manner. until
such time the survivor shall continue TO act. /
ARTICLE VII-This charter may be
changed or altered or amended or the cor
poration shall be dissolved ordered Ii
quidated by a vote of two-thirds of the CAPT.
tai stock present or represented at a meet
ing of the stockholders convened for that
purpose, after ten days notice in writing