The herald. [volume] (New Orleans, La.) 1905-1953, 1918-08-22
az INCORPORATION OF The
.,ssyEp COMPANY, INC.

f.piisd SAT- q Orleans, City Of New orleans
That on this the 5lst day OF
Be Il XIV ~ tuly, in the year OF our LoIJ
be non.-..,d nine hundred ana s3 So 81
ess y. independents oI "a "a and forty. second,
Io.eph Sinai, Notary Public,
Before me.,s;oned and qualified IN ana LOT
srly eoniI n Orleans, therein tesluLHs, Pt
BE .sme and appeared tlg Pc, J.rIa-ed
soasHy e1N s.r,uuto subscribed, WAC deClaIe ca ca
ssues are nc Themselves Of the provisions
Aat. s'slnns AZ this State relative 70 the
4 the ia AZ corporations, and more par
.rgssifauqn ", al Of the General Assembly
;sl,ty Of az ,Toroyed July 9th, 1914, they
4 this o.s%rn,ted and agreed. and do oy
have coan,s covenant and agree Dihd'
tsese ! Constitute themselves as wen as
f1fn sss who may hereaI.eI JOIN =. D
Sta pe.soeia,ed with them INTO 81 SaPo ~ a
rsnt ~ body polite IN law, i2I tle o.
hos 'nd po1y and under the agreements
jsen s.nlo an following 'o-"i''
.,rtcIE 1.-The name OF this cooperation -ltl,,r
sThe Gessner Company lncorpo.
esn y and under this corporate HalnG, II
ritsd and enjoy all the rights adVan-
bal haVI anr;viIeges granted by law 10
pss sno shall exist Tor the period or
rrpofanon'' Years from this date. It shall
nneJ ,.,,.er 10 contract sue ana De sueu
tise UT Toorata name; 10 make ana use
d 10 oo'pi and the same to break or
s9ofsie ~ pleasure, 10 hold, receive, Pur-
lxi '.onvey. mortgage, lease, hypothecate
0'Ss.ds, property, both rear anu per soudI
mixed. corporeal ana moor PD-gal' ~
I'D MI MI sopoint such managers, agents, d.
mnt ~. - officers as its business inter
cfi0'', Convenience may require; and TO
rc aneI Establish as well as to alter and
nsr a ~, time 10 time, such bylaws, rules
Nsno . J; for the proper government
% iss snrooration as may be necessary and
rpsf 80, -.
Akii All ne in the City OF New Orleans.
nuoH = I ouisiana, and all citations and
Nk is,,i process shall be served on the
eha ar in his absence, upon the Sec
r;zr.
,,r1crI III-The objects and purposes
htt.sS This corporation is established and
y ~ ~. AZ the business TO be carried on
* 49, g. hereby declared TO be 10 buy
VI Eli yodaks. books, stationery, news and
90 -. md souvenirs, and TO carry on the
E';.sss Of engraving, enclosing printing
~ "a J;,boeraphing, and in general TO do all
49, connected with the business above
nsss.,sd and the general stationery bust
1enu "a N conduct same in all its branches
~ ~ Ss,sils. and to do all things necessary
~ go and convenient 10 the said bust
- ~ m any wise connected Herewith.
,RTtCLE Iv.-The Capital Stock OF this
-sa,,,an is hereby fixed at the sum Of
w. bousand Dollars (S5,0OO.0O) TO be di-
IA into fifty (sO) shares of the par value
7 M IIue Hundred Dollars $4,000 each.
s.a shares Of stock shall be issued at par
y. md when issued shall be paid for in
* or property or the equivalent thereof:
m .bsr,s OF stock shall be issued as full
"a and non.assessable, and no transfer of
- snail be binding on the said corpora
IA unless recorded on its books.
4. al. or transfer Of shares of stock in
4. eorporatiou shall be valid and binding
!, this corporation in any manner whilst
"a ,hzres are pledged by the owner there
la
M, eorporation shall be a going concern
!. sou as fifty per cent Of its capital stock
Is Been Subscribed and paid for in cash
q rs equivalent.
nj. corporation shall have the right to in
,-,,~ lis capital stock up to the further
=. d Fifty Thousand Dollars (SS0,O0OO0),
: nv part thereof, to be divided into shares
4 One Hundred Dollars (SlOOO0) each, pro-
v3,S said increase in the capital stock shall
hr been authorized by the stockholders
meeting held pursuant to the provisions
1 he Law.
ARTICLE YAH the powers of this cor
,uahon shall be vested in and exercised by
Bosrd Of Directors to be composed of three
Knons, all stockholders, any two of whom
| a.n Constitute a quorum for the transaction
| 4 he business and affairs of this corpora
sn.
n. Directors shall be elected annually BY
. hlo. by the stockholders, on the second
Al Issdiy Of August in each year. The first
. trriin under this charter shall be held on
| he second Monday in August, 1920.
| Zach stakeholder shall be entitled, in per-
| ~ Or BY proxy, to one vote for every share
. fsiock owned by him, and all elections shall
. X held under such rules and regulations
| nay be specified by the Board of Di-
nion after fifteen Q5) days notice of
sA election shall have been sent to each
neksOlder At his last known address.
\, failure to elect Directors shall be re-
rdtt as forfeiture of this charter.
Any vacancy occurring on such Board of
1rcios shall be filled by the remaining
hr'iors Tor the unexpired term.
Nd Board Of Directors shall, at its first
rriiy after its election, nominate, out of
y ssn number, a President, a Secretary and
. Treasurer. The office Of Secretary and
lrasurer may be combined and held by one
ron The Secretary need not be a stock
hdtr
nd Board Of Directors shall have the
N 70 sppoint and dismiss such clerks.
a1asers and other employees of the corpo-
nasa as IN its Judgment, may be deemed
ne tenure Of office of all the employees
corporation shall be during the plea
w Of The Board.
y Director shall have the right to ap-
~ u writing. any other Direcor. to act
Proxy and IN his stead, at any and
e'unss OF the Board of Directors
MliclE vI.-Thoras F. Gessner. whose
unse address is 43ls Baronne St, New
~ 49, a. La, Mrs. Alice B. Gessner, whose
i. nnee address is 43lS Baronne ST,
- vpsans La, and Gus D. Levy,
h,ss;. ros Office address is 1890 Gen
H.as y, New Orleans, La, shall con-
s''E NE first Board of Directors Of this
4. .uon' With Ihos. F. Gessner, as Presi-
k,Ia mrs. Alice B. Gessner, Secretary
~ ~ % serve until August, 1920. or
u'f successors are elected.
.MluE vII.-This act of ipcorporation
IA 49,. 80 HAcNtiiCus VI ditGrG0, OF
s-rs ation may be dissolved, with the
sioekhOlders owning two thirds Of
q stock Of this corporation, at a gen
e. lns convened for that purpose. and
& sasi fifteen days written notice of
tns Ing mas been given personally or
ne mail addressed to each stock.
d,.ISiais last recorded address. In case
c.-r BY the expiration of This
- otherwise, after compliance with
<i,,,. ne stockholders shall elect two
ede - iIon among their number to IL
q saa settle the business and affairs
Iii b,s. Po,anon. The said liquidators
q, Sss iall power to settle the Sorpora.
Il o ss..s: and divide the remaining money
-ye1, among the stockholders. In
~ ~ IN; me death or disability of any
Il ,ssn ,q .laGgi,diatOrs, the remaining liop.
~ ~ igltill all the duties OF liaui.
q 4. lIquidator sahll have the power
III psee and prescribe the terms
I'D ~ ss,a property and the manner in
ws,es sac s shall be made. They shall
M sus WIN tull, final and Complete
ezsf,rtt M = ~ authority, necessary, proper and
Il In T" % and perform anv and every act
N - ~ WIND I'D and i;o,,;d,.. - -.