The herald. [volume] (New Orleans, La.) 1905-1953, 1918-05-30
CHARTER OF
B. QUICK, INC.

B. QUICK, INC.
UNITED STATES OF AMERICA,
STATE OF LOUISIANA.
PARISH OF ORLEANS.
CITY OF NEW ORLEANS.
Be it known, That on this eighteenth day
Of the Month of April, in the year One
Thousand Nine Hundred Eighteen,
Before Me, Charles Rosen, a Notary Pub
lie. duly commissioned and qualified, in and
for the above Parish and State therein resid
ing, and in the presence OF the witnesses
hereinafter named and undersigned,
Personally came and appeared The sew
eral persons of the full age of majority
whose names hereunto subscribed, whc
declared that, availing themselves OF the
laws Of this State in such cases made and
provided, they do hereby form themselve:
their associates, successors and assigns ante
a corporation under the following article:
and stipulations, which they hereby adopt
as their Charter, to-wit:
Article THE name OF this Corporation
shall be b. Quick, Inc Its period of dura
ton shall be ninety nine years from this
date. Said Corporation shall have for the
purposes of the business TO be carried on by
II all the powers conferred by law upon
corporations, and shall generally exercise al
the powers necessary to carry on said bust
ness. Said corporation shall have full
power to contract, sue and be sued in It's
corporate name; TO make and a corporate
seal, and the same to break or alter at pleas
ure; to holSI receive, purchase, rent OF
otherwise acquire and to convey, mortgage
hypothecate, lease, sell, pledge 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
the interest and convenience of the cor
and establish such bylaws, rules and regu.
lations for the management and control OF
the business and affairs of the corporation
as may be deemed necessary or expedient
Article 1.-THE domcile 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 the
President, and in his absence or disability
upon the Secretary Treasurer.
Article llI.-The objects and purposes for
which this corporation is organized, and the
nature of the business to be carried on by
it hereby declared to be:
To own and conduct the business of retail
boot and shoe store stores and accesssr.
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
established.
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 GOO shares OF
the par value of One Hundred $4,000 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 stakeholder 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.
IN said corporation drawing a salary shall
die, or If his cO.1nections with the Corpora
ton as such etployee or officer shall in
any way terminate, the Corporation or the
other stockholders shall have the right TO
purchase his stock for cash at its book value
as determined at the next regular inven-
tory.
In any of the above events, the corporation
or as the case may be the other stockholders.
shall exercise it or their rights to 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
i4ShN require special taxing OF lnven-
tory, but shall await the taking of the next
regular inventory.
Should there be any dispute as to such
book value after said inventory is taken,
the determination of such value shall be
submitted to arbitrators, one to be appoint.
ed by the seller and one by the purchaser.
and IN the event Of the disagreement of said
arbitrators, said arbitrator shall elect an
umpire, and the decision of such arbitra.
tors or umpire as the case may be shall be
final and binding on the parties All stock
shall be held subject to these provisions. and
every sale, pledge, encumbrance or other
disposition of said stock shall be made sub.
Ject thereto. All such stock so acquired by
the corporation may be reissued by the cor
poration.
Article V.-The business and affairs Of
this corporation shall be managed bv a board
OF three directors, who shall be elected an.
nually at a meeting of the stockholders on
the third Monday of April of each wear.
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 Board of Directors to serve for
he p hIsf year shall consist Of Chacles II.
Botnick, whose pots-office address IS l+5
Alix Street, New Orleans, La, President,
and Arthur k. Perry, whose post-office a1.
dress is 2248 Cambronne Street, New Orleans,
La. Secretary Treasurer, who shall consti-
tute two of the Board of Directors. The
third director shall be elected by the stock
holders immediately upon organization.
The officers of this corporation shall be
a President and Secretary Treasurer; but the
stockholders or the Board of Directors may
elect or appoint such other officers as they
desire and determine their duties, and MAJ
La ~ Il