The herald. [volume] (New Orleans, La.) 1905-1953, 1918-03-21
CHARTER

In
in capital stock is likewise TO be represented
by certificates for either whole or fractional
shares.
All of the stock of this corporation is to
be common stock, and this corporation shall
commence business, as now provided by law.
Each share Of stock shall entitle the holder
thereof TO one vote, to be cast either per
sonally or by written proxy, and each frac-
tiOnal share shall entit!e the holder thereof
to such fractional part of one vote as is
represented by his fractional share Of stock.
Article lV.-The said stock shall only be
partially or conditiOnaly negotiable, it being
condition precedent, and the condition un-
der which the stock of this corporation is
subscribed that none of the stock presently
subscribed or hereafter subscribed or issued
Shall be susceptible Of being negotiated,
pledged. pawned or mortgaged. nor shall or
can any rights be acquired under any pledge.
pawn, mortgage or hypothecation of such
stock, excepting, first. such pledge, pawn
/ mortgage or hypothecatiOn be submitted 70
the stockholders of this corporation in meet
ing assembled, at meeting specially called
for that purpose, and at which said meeting
! a majority OF the stockholders shall vote
/ tavorably thereupon. and specially authorize
such negotiation pledge. pawn or mortgage
the whole 10 be evidenced by duly certified
copy of the minutes of the said meeting
/ bearing the seal of this corporation.
! The said stock shall only be partially or
conditionaly the subject of sale and trans
or issued. or hereafter subscribed for or issued
/ shall be the subject of sale or transfer
except solely after the subscriber or owner
! shall first have offered for sale 10 the stock
holders and owners then holding and owning
the balance of the stock of this corporation
the stock which the said subscriber or owner
desires TO sell. such offering to be in writing
| and Tor term OF thirty days, addressed to
/ this corporation and TO the stockholders of
record upon the stock ledger or stock books
and records.
1t is further conditioned as condition
| precedent. that the offering for sale of such
| stock shall be at price not exceeding the
book value of such stock as shown by the
| books Of the corporation at the next preced-
ing annual meeting; at which price, and for
said term. any or all Of the existing stock
to purchase the whole or their proportional
portion thereof, within the said term of thirty
| days.
This provision and condition as to SALE
transfer, resale, re-transfer. mortgage, loan
pawn. pledge or hypothecation is agreed TO
| by all subscribers to this corporation, on
| their own behalf, that of their heirs and
assigns, and is accepted by them as a ma
terial provision and condition of the SUBJ
seription to stock in this corporation.
Article V.-The domicile of this corporation
| shall be in the City Of New Orleans State
| of Louisiana and all citation or other legal
process shall be served the president of
| this corporation, or, in his absence. on any
other oihcer or agent now authorized by law
| to receive service.
! Article V1.-This corporation shall exist
for term of ninety-nine years, unless liqui-
dated prior thereto, presently provided by
| Act No. 267, passed by the General Assembly
| OF the State of Louisiana, in the year 1914.
Article VII.-All corporate powers of this
corporation shall be exercised by and through
| board OF directors, to be composed Of not
less than three, nor more than fifteen stock
holders; which said directors shall have the
right to vote in person or by written proxy
The officers of the said board shall be
president, vice-president, a secretary and
a treasurer, and more than one Office NAV
be held by one member of the board of
directors.
The corporate powers shall also be exer.
cised by the officers of this corporation, in
accordance with the general laws of this
State, and the bylaws of this corporation.
The officers for the ensuing year shall be
elected Immediately following the passage of
this act OF Incorporation, and shall hold Of
ace until March 5. 1919. or until their sue
cessors shall be duly elected and qualified
The annual stockholders meetings of this
corporation shall be held the 5th day of
day shall be a dies non, in which the said
meeting shall be held on the next following
day, or on such date as may be hereafter
determined as any adjourned date of said
meeting SO called All elections to be by
ballot, majority of votes cast to elect, and
each share of stock to eDtitle the owner
thereof to one vote, whether in person or
oy written proxy, and each fractional share
70 entitle the owner thereof to such frac-
tional vote as his said proportional share
bears to one full share.
All checks shall be signed by two officers
OF this corporation, and all contracts shall
De IN writing, signed by two officers of this
corporation.
City of New Orleans, State of Louisiana. on
the day and in the month and year first
hereinabove written, in the presence of
Messrs John c. Holingsworth and Emmett
in this City. who have signed their names,
together with the said parties and me, No
tary' after due reading of these presents.
Original Signed: Names of subscribers
y Witnesses: John C. HOllingsworth, Emmett
BUS RoUEN, Not. Pub.
|, the undersigned Recorder of Mortgages.
IN and for the Parish of Orleans, State of
louisiana, do hereby certify that the above
and foregoing ACT of Incorporation of the
Robert Gottschalk. Inc" was this day duly
New Orleans, March sth, 1918.
,c Signed; EMILE J. LEONARD, D. R.
/. Bussiere Rouen, a Notary Public in
and for the Parish of Orleans, state Of
LOUISIANA; do hereby certify that the
above ara foregoing is a true and correct
copy OF the Original Act of Incorporation
OF Robert GOttschalk Inc" and of the
certificate Of the Recorder of Mortgages
Tor the Parish Of Orleans thereto attach
ed the whole extant and of record In my
current Notarial Register; In faith where
OF, l grant these presents under nv sig
nature and the impress of my Seal Of Of
1918 -'"' ~ ~
BUS. ROUEN. No, prb
March IA 81 % Apr IL is w.