The herald., 1918-06-06
CHARTER


GERS, agents and other employees as the
interest and convenience OF said corpora
ton may require; to make ana estapnsn
such rules bylaws and regulations Tor
the corporate management and control OF
the affairs of the corporation as may De
deemed necessary or eXpedient
Article 1.-THE dOmiaile 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 or Doth
on the Secretary and Treasurer.
Article III.-The objects and purposes
for which this corporation is ORGANIZED
and the nature of the business to be car
ried on by it. are hereby declared TO be:
TO engage in the business of making, man.
ufacturing and selling dyes and INKS OF
all kinds and trading generally IN that
line and all allied lines of that business
whether at retail or wholesale ana gen
orally to engage in and carry on any oth-
er enterprise or business which may De
germane or incidental TO or connected
with the purposes hereinabOve set forth.
Article IV.-The capital stock of this
corporation is hereby fixed at the sum OF
eight thousand dollars, (SS'UOoOo), dlVld-
ed into 800, twenty shares OF the par
value of twenty five $4,000 dollars each
| All shares of stock shall be full paid ana
non asSeSSable. No transfer of stock snail
be binding on the corporation unless made
upon its books and all certificates of stock
| shall be 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 rs established by the last inven-
| tory and when the offer is thus made to
! the corporation il shall be its duty to adj
| wise the remaining stockholders of said
! offer in order that they may have an OPP
pOrtunity to purchase said stock; which
option however they must exercise within
| five days from the receipt of notice from
| the company.
| Article V.-All the corporate powers of
| the corporation shall be vested in and its
| affairs shall be managed and controlled
| by Board of Directors composed of three
| stockholders. Two directors shall con
| stitue u 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 stakeholder shall be en-
titled in person or by proxy to a vote for
every share owned by him, and all cleo
lions 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.
The Directors thus elected shall con-
tnue 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.
ANY vacancy occurring on said board
shall lie filled by the remaining directors
for the uneNpired term.
Article Win case OF dissolution by
the expiration OF this charter other
wise. the stockholders shall elect two Ii
quidatorS from among their number to Ii
quidate 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 Widths corporation shall com
> | hVnGa tsxn hnrt NJ
dollars to the capital stock thereof shall
have been subscribed. and fifty per cent OF
such subscription shall have been actually
! paid in.
Article yIIL-Until 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 ZaZulak with the said Mort \
Gordon as President, John ZaZulak, Vice
President and Theodore VI. Berns See
rotary and Treasurer, and their SubScrip
I tiOns and addresses are as hereinafter
, mentioned.
Article IX-No stakeholder shall eyel
e be liable or responsible for the contracts
faults or debts of said corporation, mol
? shall any mere infOrmality in its organ
ization have the effect of rendering thi:
charter null or of exposing a stOckholdel
= to any liability beyond the unpaid bal
ance due the shares owned by him.
Article N.-MOrt n. Gordon, whose post
office address is No. 2731 Canal street
, New Orleans, La, has subscribed to "
, shares John ZaZulak, whose postOffice ad
dress is No. S3i Bienville street, New Or
leans, La, has subscribed to As shares and
2 Theodore NJ. Berns whose postOffice ad
I dress is No. 2731 Canal street, New Or
: leans. La, has subscribed to 60 shares
and the above named parties are the SAME
n who are mentioned as composing the frs
: Board of Directors in Article VIII.
Article NI.-This act of incorporation
may be changed, modified or altered. OF
this corporation may be dissolved will
the assent of the stockholders owning
! two-thirds of all the stock of the corpora
ton given at a general meeting convened
for that purpose after 80 days written no
! tice of this meeting shall have been giveI
$ through registered mail addressed to eaci
Z stakeholder at his last known place of res
s dence.
I. Thus done and passed at New Orleans
? La, on the day and date first before writ
5 ten in the presence of Philip r. Livaudai
and Miss Lise Pilot Both competent wit
!, nesses of lawful age residing in this cit!
q and Parish who have hereunto signed
e their names with the said appearers an'
y me, Notary.
: (Original signed).
:, Mort N. Gordon, 60 shares; Theo. NJ
s Berns, 80 shares John ZaZulak, As shares
a Witnesses: Philip r. Livaudais, Lis
Pilot.
n BENJAMIN DRY. Not. Pub
n I, the undersigned Deputy Recorder o
: Mortgages, for the Parish of Orleans d
e hereby certify that the act of incorpora
e ton of the Louisiana Dye & Ink Manu-
If featuring Company, Inc, was this day du
r folio =
lie New Orleans, La, May 10th. 1913.
: (Signed) EMILE J. LEONARD, by. +
q a true copy of the original:
y New Orleans. May 10th, 1918.
~ BENJAMIN DRY, Not. Pull
Is May 1921 30 June 1920
- AMENDED CHARTER