The herald., 1918-05-23

CHARTER

GERS agents and other employees as the
interest and convenience of said corpora
| ton may require: to make and establish
such rules. bylaws and regulations for
| the corporate management and control of
| the affairs of the corporation as may be
| deemed necessary or eXpedient.
| Article 1.-THE dOmicile Of this cOrpOr-
! alton shall be in the City of New Orleans
| and State of Louisiana; and all citation
and other legal process shall be served on
! the President. or in his absence on the
Vice President and in the absence of both
on the Secretary and Treasurer.
! Article lll.-The objects and purposes
! for which this corporation is organized
| and the nature of the business to be ear
! ried on by it. are hereby declared TO be:
to engage in the business of making. man
| ufacturing and selling dyes and inks of
I all kinds and trading generally i'm that
/ line and all allied lines Of that business
whether ut retail or wholesale and gen
/ orally to engage in and carry on any 9th
| er enterprise or business which may be
gcrmane or incidental TO or connected
with the purposes hercinabOvr set forth.
| Article IN.-The capital stock of this
corporation Is hereby fixed ut the sum of
/ eight thousand dollars. (S~,OOOOO). diyid-
! ed into three hundred shares of the par
| valu" of twenty-five $4,000 dollars each
! All shares of stock shall be fun paid and
worcestershire. No transfer of stock shall
be binding on the corporation unless made
upon its books and all certificates of stock
shall b" signed by the President and by
the Secretary and Treasurer. No stock
holder shall sell any share of stock to any
person not already a stakeholder unless
he shall have offered such share or shares
TO said corporation, at the book value
thereof ~ established by the last inven-
tory. and when the offer is thus made to
the corporation il shalt be its duty to ad-
wise the remaining stockholders of said
offer in order that they may have an op-
pOrtunity to purchase said stock: which
option however they must exercise within
five days from the receipt of notice from
the company.
Article N.-All the corporate powers of
the corporation shall he vested in aud its
affairs shall be managed and controlled
by Board of Directors composed of Tn rec
stockholders. Two directors shall con
Stitue quorum for the transaction of all
business. The directors shall be elected
annually by ballot by the stockholders on
the second (2nd) Monday of January in
each year. Each StOckhOldcr shall be en-
titled in person or by proxy to a vote for
every share owned by him, and all cleo
tons shalt be held under such rules and
regulations as may be- determined by the
Board OF Directors after thirty days writ
ten notice of such election shall have been
sent To each stakeholder at his last known
address.
thu" in Office for one year. or until their
successors shall have been duly elected
and qualified. No failure to elect shall be
regarded as a forfeiture of this charter.
shall Ice filled by the remaining directors
for the uneNpired term.
Article Win case Of dissolution by
the e. piratiOn of this charter or other
wise. the stockholders shall elect two IL
puldatOrS from among their number to Ii
quldate and settle the business and affairs
OF the company: and in case of death or
disability of any one of said commission
erS the survivor shall continue and com
plete the liquidation.
Article Nll.-ThiS corporation shall com
mcnce business soon as five thousand
dollars to the capital stock thereof shall
have been subscribed. and fifty per cent of
such subscription shall have been actually !
paid in.
Article vIII-UntiI the election to be
held on the second Monday in January
1919. the following named persons shall |
constitute the first Board of Directors to- |
wit:-MOrt y. Gordon. Theodore NJ BernS |
and John IaZulak. with the said Mort " |
Gordon as President. John Zazulak Vice |
President and Theodore NJ. BprnS as See |
rotary and Treasurer. and their subScrip- |
tons and addresses are as hereinafter |
Article IX.-NO stakeholder shall ever
be liable or responsible for the contracts.
fauhS or debts of said corporation nor
shall any mere infOrmality in its organ
charter null or of exposing IA stakeholder
to any liability beyond the unpaid bal
ance due on the shares owned by him
Article Mort y. Gordon. whose post
u.
New Orleans, La. has subscribed to 80
shares; John Iazulak. whose pOstoffice ad-
dress Is No. S3I Bienvile street New Or
leans La, has subscribed to ~ shares and
theodore NJ BernS, whose pOStOfice adj
dress Is No. 2I31 Canal street New Or
leans, La, has subscribed to GO shares; /
ana the above named parties are the same
who are mentioned as composing the first |
Board of Directors in Article VIII
Article Nl-ThiS act of incorporation
may be changed, modified or altered. or
ms corporation may be dissolved with
ne assent of the stockholders owning
wO-thirdS of all the stock of the cOrpora-
ION given at a general meeting convened
or that purpose after 80 days written no
ice OF this meeting shall have been given
hrOuEh registered mail addressed to each
'tockholder at his last known place of res
dence.
Thus done and passed at New Orleans.
Ia on the day and date first before writ
en- IN the presence of Philip X. Livaudais
leSSeS of lawful age. residing in this city
ma Parish who have hereuntO signed
helr names with the said appearers and
ne, Notary.
Original signed).
Mort y. Gordon. go shares: Theo. NJ. !
}ernS, go shares; John ZaZulak AZ shares,
witnesses: Philip Il. LivaudaiS LiSe
'itOt
BENJAMIN DRY. Not. Pub.
|, the undersigned Deputy Recorder of |
Mortgages. for the Parish of Orleans do
iereby certify that the act of incorpOra- |
ION of the Louisiana Dye & Ink Manu- |
occurring company, Inc. was this day du- ;
y recorded in my Office in book 1222 !
OliO - -'
New Orleans, La, May 10th. 1918. T
Signed EMILE J. LEONARD. Dy. r.
\ true copy of the original.
New Orleans. May 10th 1918 $
BENJAMIN DRY. Not. Pub. t
lay l6-23-3O June 6-13-2O c