The herald., 1918-05-02

laws of this State in such cases made and
provided, they do hereby form themselves
their associates, successors and assigns INTO
a corporation under the following articles
and stipulations, which they hereby adopt
as their Charter, to-wit:
Article The name of this Corporation
shall be r. Quick. Inc. Its period OF dura-
ton shall be ninety-nine years from this
date. Said Corporation shall have Tor the
purposes of the business 10 be carried on by
it all the powers conferred by law upon
corporations, and shall generally exercise all
the powers necessary to carry on SAID Ousi,
ness. Said corporation shall have full
power 10 contract, sue and be sued IN lis
corporate name; to make and use corporate
seal, and the same to break or alter at pleas
ure; TO hold, receive, purchase, rent or
otherwise acquire and to convey, mortgage
hypothecate, lease, sell, pledge or otherwise
dispose of property real, personal and mixed;
TO issue bonds, notes or other obligations
TO have and employ such managers, direc-
tors, officers, agents and other employees
as the interest and convenience Of the cor
poration may require or demand; to make
and establish such bylaws, rules and rcgu-
latiOrs for the management and control OF
the business and affairs Of the corporation
as may be deemed necessary or expedlent.
Article 1.-THE domicile of the Corpora
ton shall be in the City OF New Orleans.
State of Louisiana; and all citation and
other legal process shall be served on the
President, and in his absence or disability
upon the Secretary Treasurer.
Article lII.-The objects and purposes for
which this corporation is organized, and the
nature of the business 10 be carried on by
it are hereby declared 10 be:
To own and conduct the business OF retail
boot and shoe store stores and accesssT-
les, and to that end to buy and sell boots,
shoes, and accessories, and shall have the
power to purchase and acquire any retail
business of boots, shoes and accessories al
ready existing or which may hereafter be
Article IV.-The amount of the capital
stock of this Corporation is hereby declared
to be Twenty Thousand $4,000 Dollars,
consisting OF two hundred 600 shares OF
the par value Of One Hundred (Sl0000) Dol
lars per share. All of said capital stock
shall be subscribed before the filing OF the
articles OF Incorporation, and shall be paid
in cash. The amount TO which the capital
stock may be increased shall be Fifty Thou
sand $4,000 Dollars.
No stockholder shall have the right to
sell or otherwise dispose of his stock in
the corporation without first offering it to
the corporation for cash at its book value
as determined at the next regular inventory,
or he may sell the same to any other exist
ing stakeholder at such price as he deems
proper.
II any employee or officer owning stock
in said corporation drawing a salary shall
die, or II his connections with the Corpora
non as SuCu tiuploltc OF OlI4CeI SAdll II
any way terminate, the Corporation or the
other stockholders shall have the right 10
purchase his stock for cash az its book value
as determined at the next regular inven-
tory.
In any Of the above events. the corporation
or IS the case may be the other stockholders.
shall exercise It their rights 10 acquire
said stock by giving written acceptance
within thirty days after receiving written
notice Of the intention of the stakeholder
to sell or after his death or severance Of his
connection with the Company as the case
may be. Said stakeholder whose stock is
thus to be disposed OF shall not have the
right 70 require a special taking of invcn-
tory, but shall await the taking Of the next
regular inventory.
Should there be any dispute as TO such
book value after said inventory i taken,
the determination OF such value shall he
submitted 10 arbitrators, one 10 be appoint
ed by the seller and one by the purchase
and in the event OF the disagreement OF said
arbitrat1rs. said arbitrator shall elect an
umpire, and the decision OF such arbitra-
tors or umpire as the case may be shall be
firal and binding on the parties. All stock
shall be held subject 20 these provisions, and
every sale, pledge, remembrance or other
disposition OF said stock shall be made sub
jet thereto. All such stock 50 acquired by
the corporation may be reissued by the cor
pOration.
Article V.-The business and affairs Of
TINS corporation shaii be managed by a board
OF three directors, who shall be elected an
uually at meeting Of the stockholders on
the third Monday Of April Of each year
The first annual meeting shall be held on
the third Monday Of April. 1919, until which
time the two officers named in this Char
ter, and the director elected by the stock
holders upon organization Of this corporation
shall act, or until their successors are elect
ed and qualified.
The first Beard Of Directors to serve for
tie first year shall consist Of Cha.Ies II
Bo.nick, whose pots-office address : IS
AljX Street, New Orleans, La P-esiien.
and Arthur Perry. whose poSt-ofiice al
dress IS 224S CambrOnnc Street, New Orleans
La, Secretary Treasurer, who shall c1nsti-
tute two OF the Board of Directors The
third director shall be elected by the stock