The herald. [volume] (New Orleans, La.) 1905-1953, 1918-07-25
CHARTER.

shall be international Hide & Leather
| Company. Inc, and under said corporate
name. II shall have succession for ninety
/ mn" years, unless sooner dissolved, and
I shall have power and authority to CON
/ tract, sue aud be sued: TO make and use
lie corporate seal the same to alter or
. break |t pleasure. 90 make all necessary
. rules and regulations for its corporate
/ management and control fHd IL shall have
. aud enjoy an the rights, privileges and
/ lWWuuItIr> which are now conferred upon
7 or may hereafter bv granted to corpora
. lions Of the same Kind and character
AFlrl" ll-Ih" douIicilr Of said corpOr-
] H'l"h shall %" in the city of New Orleans,
/ STATE OF Louisiana. ami all citation and
other legal process shall be served upon
Oh" President of said corporation, and. i'll
cas-" of his ah~rHrn. upon the Vice pTrSi-
arut aud in th" case of the absence of
both upon the Secretary Treasurer.
/ Article lll.-Ihr ouj,rts and purposes
Tor which said corporation is organized
are declared TO bee. To bus. sell ana gen
orally deal iu amy line OF merchandise, at
wholesale or retail as manufacturers
agents, district representatives. brokers or
otherwise; particularly in hides and lcath-
rr. aud to manufacture" the same into cv-
cry KIND and character of commodities:
To DO general export and import bust
ness IN A"rplnE with the objects ana pur-
poses herein set forth, said business TO be-
carried on throughout the United States,
Guatemala and ull foreign countries: said
business to be conducted 10y tho corpora
ton in its own name or as agents for
others on commission basis or other
WISE. and generally To do any ana all
/ iltHF~ incidental or EcrwIue % any of
The objects and purposes of a mercantile
business. The said corporation may own.
buy, sell lease aud hNputhrcatc such real
estate as the Board OF Directors may deem
M ana proper.
Article IV.-The capital stock OF said
corporation Is hereby fixed AT the sum of
nifty thousand dollars ESQ 600 OOD divided
/ into five hundred 1000 shares of the par
value % one hundred dollars tSlOlOW
each and said stock may be issued for
cash or in payment of property or ser
wees actually received ay or rendered TO
'he corporation. said corporation shall be
/ 4 gong concern when thirty thousand
dollars ESQ 100000 of its ,apitaI stock
shall haN" been subscribed aud paid for.
The parties hereto declare that they
have subscribed for the number of shares
oI the capital stock OF the corporation set
"lpo>lt" their respective names, that
THIS act of incorporation shall serve as an
original subscription.
No transfer OF stock shall he binding
on this corporation unless made and re-
corded upon its books.
The amount to which the capital stock
OF said corporation may be increased is
hereby fixed at the sum of one hundred
thousand dollars $500 OOOOO).
Each share Of stock shall be entitled to
one vote at all meetings Of stockholders
TO be cast in person or by written proxy.
Any stakeholder wishing to dispose Of
his stock, either in whole or in part, shall
hrSt offer the same to the stockholders OF
the corporation, at the book value of said
stock, and to be purchased by them in
proportion to the stock held by them in
the corporation, aud they shall have ten
days within which to accept said offer,
and failing to take advantage of said of
fer within the ten days stated, the said
stock may be 20 any third party
Article N.-All the powers of said cor
pOratiOn shall be- vested in and exercised
by Board of Directors to be composed
of three stockholders, Il majority of whom
shall constitute a quorum for the trans
action of all business.
The Board of Directors shall elect annu-
ally from its number President a Vice
President and n Secretary Treasurer said
Board and said officers to hold Office I'M
til their successors shall have been elect
ed and qualified
The Board of Directors shall be elected
annually ut general meeting of share
holders to he held on the second Tuesday
IN June of each year, after ten days writ
ten notice mailed to each stakeholder by
the secretary, at said stockholders last
known address appearing upon the books
OF the corporation, unless such notice be
waived in writing by all the stockholders
appearing as such upon the books of the
corporation.
The first meeting of stockholders pro-
vided for in this charter shall be held on
the second Tuesday in June. 1919 and un-
I'll said meeting of stockholders, the Board
Of Directors of this corporation shall con-
siSt of: GuStave Hammar 704 Webster
St, New Orleans, La; Edward Felice 20i0
Milan St. New Orleans, La; Martin II.
ManiOn, 3l7 IIennen Bldg, New Orleans,
La, of whom Gustaye Ilammar shall he
President, Martin H. Manion. shall be Vice
President, and Edward Fclice shall he
Secretary Treasurer. and who shall hold
office stated, until their successors are
elected and qualified ut the annual meet
ing to be held on the second Tuesday of
June. 1919.
Article VI.-This act of incorporation
may he changed, altered or amended, or
this corporation may be dissolved by and
with the consent of the holders of two
thirds in amount Of its then outstanding
stock at "A general meeting convened
that purpose, after thirty days notice i'm
writing mailed to each stockholders last
known address.
If this corporation should be dissolved
by limitation or otherwise, its affairs shall
be liquidated, under he supervision of
three commits Sioners to be elected at a gen
erai meeting of shareholders convened for
that purpose, after notice above pro-
vlded i'll this article, and they shall re-
main in office until the affairs of the cor
poration shall have been fully liquidated;
and in case of the death or disability to
act of one or more of the said liquidators,
the survivor or survivors shall continue
to act under the provisions and in ac-
cOrdance with the terms of Section 80 of
Act 267 of 1914.
Article Vino shareholder of this cor
pOratiOn shall ever be held liable or re-
sponsible for the contracts or faults of
this corporation in any further sum than
the unpaid balance due upon the shares
of stock owned by him; nor shall any
mere infOrmality in the organization have
of exposing any shareholder to any liabil-
1ty beyond the unpaid balance due upon
his stock; nor shall any informality or
irregularity in the organization have the
effect of rendering any shareholder liable
as a partner.
Thus done and passed, in my office, in
the City of New Orleans, on the day,
month and year herein first above written,
in the presence of Messieurs. August III.
Ritter and Albert Ritter, competent wit
nesses, who hereunto sign their names
with the said appearers and me, Notary,
after reading of the whole, and the said
appearers have hereuntO signed opposite
their names the number of shares OF stock
Of this corporation subscribed for by
them.
(Original signed):
g. Hammar, 70I Webster St., $50 shares;
r. Felice 20I0 Milan ST., 149 shares; Mar
tin ii. ManiOn, 81 Hennen Bldg, one C)
share.
Witnesses: 4. III. Ritter Albert Ritter
J. VI. QUISTERO, Not. Pub.
I. the undersigned. Recorder of Mort
cages, in and for the Parish Of Orleans,
State of Louisiana, do hereby certify that
the above and foregoing act of incOrpOra-
ton OF the international Hide & Leather
Company, Inc, was this day duly record
ed in my office, in book 1902, folio -
New Orleans, La, July 10. 1918.
(Signed) EMILE J. LEONARD, by. II.
j. NJ QUINTERo. Not. Pub.
July ll-lS-25-Aug. 1915.