The herald., 1918-02-21
January 10th, 1918.
CHARTER
OF C. MICHAELIs & CO.. INC,

OF G. MICHAELIS & CO., INC.
State. q Louisiana, Parish of Orleans, City
OF New Orleans
Be It known, That on this sixteenth d,v
Of the month Of January, in the wear one
thousand nine hundred and eighteen C1oIsI
Before ne, Bernard Titche 4 notary nrbi;.'
GuIy commissioned and qualified in and fox
I the Parish OF Orleans, and in the nresence
81 the witnesses hereinafter named. rerso1-
any came and appeared the several persons
hereinafter named and UNDERSIGNED all res
| idents OF me City OF New Orleans and all
] OF the full age OF majoritv who seve-aiIv
declared that, avaIlIng themselves of the Laws
| OF the State OF Louisiana. and particularly Of
/ me provisions OF the Act No. 267 of the
??le -rni. Assembly OF 1914, relative to the
formation OF corporations they have cove
| nanted and agreed and by these presents
/ do covenant and agree for themselves Their
successors and assigns. TO form themselves
/ INTO corporation and body polite for the
OBJECTS and purposes and under the stipu.
Iations following:
Article The name and title of this COR
PoTatlon shall be G. Michaelis & Company,
I Article H.-The purposes and objects for
w .d,., ms corporation is organized, and the
It are declared to be as follows:
10 carry on the business of retail dealers
/ IN JeMeITy, silverware, briC-a-brac, ornaments.
/ etc; The carrying on the business of pawn
6rok ers, pledge and loan business. and IN
deal at retail in merchandise generally as
may be deemed advantageous
Article lll-Ihe capital stock of this COM
Pany IS hXed at the sum of twenty-five
I thousand tS25OOOOO dollars. divided into two
I hundred fifty C250) shares of the par value az
one hundred $4,000 dollars each, 70 be Maid
tor IN cash or It's equivalent in properly No
.LLo'Anolder shall ever sell or ever transfer
the stock owned and held by him or anv
part thereof without first offering the same
TO the existing shareholders through the Board
OF Directors at the book value OF said stock
me existing shareholders, through the Board
10 purchase said stock, at its book value in
preference 10 any other stock transfer.
Article IV.-The domicile of the co-no-a
ton shall be the City OF New Orleans, State
Il louisiana where all citation or other
legal process shall be served on the Presi.
dent, or, in his absence on the sec-eta-y
or secretary-treasurer
Article N.-This corporation shall have and
ENJOY succession and duration for the period
OF Nine years from the date hereof .
Article Nl.-All the corporate powers of This
corporation shall be vested in and exercised
by Board OF Directors which shall be
OF whom the majority shall constitute a quo
rum Tor the transaction of business Until
January IS. 1919, the following named person.
snail constitute The Board of Directors,
namely; Gustav Michaelis. No. 27lS Milan
Street Samuel NJ. Mayer. No. $40 Prvtania
Street ~ -A"P'e
Thereafter the Board of Directors shall be
composed OF stockholders who shall be elect
ed annually beginning with January IS 1910
Any stakeholder shall be eligible TO the
membership OF the Board without regard 10
me number OF shares owned by him All
eIeCtions shall be by ballot, and each stock
holder shall be entitled TO one vote for
each share OF stock standing in his name
On the books OF the corporation: the vote
20 De cast in person or by proxy; it shall
s4.r - ]
TO elect. Failure TO elect a Roard
u directors on January 18th, 1919, or there
iiter, snail not work as a forfeiture of This
,harter' but the old Board of Directors shall
elected and qualified.
ANY vacancy occurring in the Board Of
DIRECTORS either from death, resignation or
R nao,it y. to serve shall be filed by the
'uch vacancy shall have been brought TO .
IS knowledge ~ I
The first Board of Directors under this
.harteT shall be required to draft a suitable ,
et OF bylaws, which bylaws may be altered. ;
ase may require. I
Article VII-The officers of this corporation !
nan consist OF a President. a Vice-President
nd Secretary Treasurer, each of whom with
ne exception Of the Secretary. must be {
tockholder. The Offices of Secretary and p
treasurer may be held by one and the same I
erson. HE othcers shall be chosen by the V
n
ne following named persons shall be the i
hcers of the Company, to-wit: Gustav a
lichaelis, President: Joseph Goldstein. Vice b
resident; Samuel NJ Mayer, Secretary and A
treasurer. o
Article VIII.-This Charter NAV be altered n
amended IN any manner including the "
lcrease or decrease of its capital stock, and $
ne AFFAIRS OF the corporation wound up and X
le corporation itself dissolved in the manner d
nd on complying with the existing laws. q
ne incorporators hereof have placed oppo- y
tie their respective signatures the number d.
shares OF the capital stock for which each a.
ave subscribed. which is to be taken and el
'nsidered as the original subscription list p'
this corporation, and to be recorded as
Thus done and passed, at my Office at the s.
ty Of New Orleans, on the day, month and lie
ar trst above written, In the presence of l.
lctor X: kiam and Edwin F. Adams, wit ST
,sses OF lawful age. residing in this city, ~
no. together with said appearers and me, ar
ta!y, nave signed their names, after due n
Original Signed: Gustav Michaelis. 271s as
ilan ST.. lis shares; s. NJ. Mayer. 5346 F.
ytania St, ia shares; Mrs. S. NJ. Mayer, b
s6 Prytania ST.. 10 shares; Mrs. Gustav of
ldstein 7443 Maple ST., share. ar
illnesses: Victor X. Kiam. Edwin F. Adams vi
BERNARD TITCHE, Not. Pub du
|, the undersigned Recorder of Mortgages. :.
and for the parish of Orleans, State of oh
uisiana, do hereby certify that the above st'
Michaelis & Company, Inc. was this day Sc
iio III. O|' - DUN 1872 Or
lew Orleans. Jan. q, 1918 of
Signed EMILE J. LEONARD, by. R. SCI
I, the undersigned Notary, hereby certify
the original charter of G. Michaelis & fol-