The herald. [volume] (New Orleans, La.) 1905-1953, 1918-09-12
CHARTER OF
MoRAIS-HILLER yEwELRY COMPANY


State of Louisiana, Parish of Orleans, City
of New Orleans.
BE it known, That on this first day of the
month of August in the year thousand,
nine hundred and eighteen Q9ls).
Before me, Wynne G. Rogers, notary
public. duly commissioned and qualified in
and for the Parish of Orleans, and in the
presence Of the witnesses hereinafter named.
personally came and appeared the several
persons hereinafter named and undersigned,
all of the full age of majority, who severally
declared that availing themselves Of the
laws OF the State of Louisiana and particu-
larly of the provisions of the Act No. 267
of the General Assembly of 1914 relative to
the formation of corporations, they have
covenanted and agreed, and by these pres
ents do covenant and agree for themselves,
their successors and assigns, to form them
selves into a corporation and body polite
for the objects and purposes and under the
stipulations following:
ARTICLE 1.-The name and title of this
corporation shall be Morais-lIiller Jewelry
Company, Inc.
ARTICLE 1.-THE purposes and objects for
which this corporation is organized, and the
nature of the business to be carried on by
it declared to be as follows:
To conduct and carry on the business of
manufacturing, buying, selling, and dealing
in, watches, silver~are, jewelry, curiosities,
articles OF vertu, precious stones, gold and
silver plate, plated articles, clocks, chro-
meters, optical and scientific instruments,
and appliances of avery description, and all
such articles of merchandise as are sold in
the jewelry business, and as commission
agents and general merchants.
To acquire the property, rights, franchise,
good will, and assets of every kind, of any
person, firm, corporation or association, either
wholly or partly, and to pay for the same in
cash, or in stock Of the Company, or other
wise as may be permitted by the laws of
this State, and especially to take over as
going concern the business now carried
on in this City by Adrian Morals.
ARTICLE III.-The capital stock of this
corporation shall be Fifty Thousand Dollars
| (S5GOOOOO, divided into five hundred $500
shares Of One Hundred Dollars $4,000 each,
TO be paid for in cash, or in property, It's
| equivalent, and il not in cash, then the
Board of Directors of the Company shall
determine the value Of such equivalent Of
fered.
| The Corporation by a vote of the majority
of the entire Board of Directors may au-
| thorize an increase of the capital stock up
| to a total Of one hundred thousand dollars
| (S1OO,OO0O0).
This Company shall be a going concern
and shall have the right to carry or, business
as soon as thirty-five thousand dollars
| (S35,0O0O0) of its capital stock shall have
been subscribed for.
| All sales and other transfers OF any Of
the stock of this Cooperation shall be voiC
unless said stock shall have been previously
offered TO the then existing stockholder'
through the Board of Directors at a stipu
lated price, and if the Board, for said stock
holders, does not see fit to purchase sale
! stock, then il shall not be sold at a les
price, or upon more favorable terms, wthou
likewise offering it to the Board at sucl
price and upon said terms.
| In case of sale or transfer of stock, or Thu
issue Of increased capital stock, the ther
holders of stock Of the Company shall havt
the right to purchase said stock in the ratit
of their holdings of stock of the Company
This provision shall be written, printed o.
stamped on each certificate of stock.
| ARTICLE IV-The domicile of the Cor
poration shall be the City Of New Orleans
State of Louisiana. where all citation or othe
legal process shall be served on the Treas
urer, or, in his absence. the President.
| ARTICLE V.-This Cooperation shall hav'
and enjoy succession and duration for tn
period Of ninety-nine C9) years from the dat
hereof.
ARTICLE VI.-All the corporate power
of this Corporation shall be vested in an,
exercised by a Board Of Directors which shall
be composed of not less than three % d.
rectors, nor more than five (5), of whom tn
majority shall constitute quorum for IN
transaction of business.
The following named persons shall con
sttute the first Board of Directors, to-wit
Adrian J. Morals, Alphonse B. Hitler, Der
nard Titche, Lucien Monrose, and Sampso
l. Hitler They shall hold office until III
second Monday in January, 1920, or unit
their successors are elected and qualified
! Thereafter the Board OF Directors shall b
composed of stockholders who shall be cleo
ed annually by the stockholders at NEE
. ling on the second Monday in January, 1872
r and annually thereafter, on the second MOI
Il day Of each year. If the second Monda
r in January be legal holiday, the meetir
S shall be held on the next business day !