The herald. [volume] (New Orleans, La.) 1905-1953, 1918-11-14
CHARTER OF B. H. DECKER COMPANY,
INC

United States of America, State OF Louis
lana, City OF New Orleans. BE Il known,
that on this second day of November, in
the year one thousand nine hundred and
eighteen, before me, John Wagner, a Notary
Public. duly commissioned and sworn, in
and for the Parish of Orleans and City OF
New Orleans. therein residing and in the
presence Of the witnesses hereinafter named
and undersigned personally appeared; The
several persons whose names are hereuntO
subscribed who declared that availing them
selves Of the laws of Louisiana, relative
to the organization Of corporations, do by
these presents, covenant, agree and stipu-
late to form themselves, their heirs and as
signs, into a corporation and body polite
for the objects and purposes and under the
stipulations, which they hereby adopt as
their charter, to-wit:
ARTICLE 1.-The name and title of this
corporation shall be b. II. Decker Co., In
cOrporated, and its domicile shall be in the
City OF New Orleans, Louisiana, and under
said name il shall have and enjoy corporate
existence for 4 period of fifty years from
this date to and be sued to make and
use a corporate SEAL the same to break or
alter at pleasure; to purchase, hold, own,
leane, acquire, sell, ALLEVIATE. mortgage or
pledge property. both real and personal; to
borrow money and give security for same I;
to own stock in any other corporation; to
conduct and carry the business herein.
after stipulated; to appoint such officers,
IN its business; to do all things necessary
to carry on its business.
ARTICLE II.-All citation and other legal
process shall be served on the President, or
in his absence disability, on the Vice
President
ARTICLE III.-The objects and purposes
for which this corporation is organized and
the nature of the business to be carried on
by it are hereby declared to be: To buy
SELL exchange and deal in grain, flour. and
in all sorts OF merchandise and property
and generally to do a regular mercantile
business; to receive and sell, grain, flour,
merchandise and property on a commi ssion
business, and generally to do regular brok-
erage and commission business, and to do
everything necessary to successfully carry
out the objects and purposes above set forth.
ARTICLE IV.-The capital stock of this
corporation is hereby fixed at five thousand
dollars, divided into fifty shares of the par
value of one hundred dollars, each, which
stock shall be paid for in cash or in prop
erty, goods or merchandise, or in service or
labor actually performed for the corpora
ton; all stock shall be full paid and nom
assessable; no shares of stock shall be trans
ferred except on the books of the Company
and until the certificate of stock shall be
delivered and cancelled. The capital stock of
this corporation may be increased to Fifty
Thousand Dollars.
ARTICLE V.-All the corporate powers of
this corporation and management and con
troll OF this business including the power TO
buy, sell, mortgage, pledge cucumber the
property both real and personal, shall be vest
ed in the board of directors to Obe composed
of three stockholders. The Dffectors shall
be elected annually by ballot by the stock.
holders on the second Tuesday of August
on the second Tuesday of Aug,
1919, except as may be hereinafter provided
for. Each stakeholder shall be entitled in
person or by proxy to vote on each share
Of stock owned by him, and such election
shall be held under the rules and regula-
tons may be adopted by the Board of
Directors, The Directors thus elected shall
continue for one year until their successors
shall have been elected, and failure to
elect shall be regarded a forfeiture of
this Charter. Any vacancy occurring on the
Board of Directors shall be filled by the
board and the board of directors shall at
their first meeting after their election.
nominate out of their number and elect a
President, Vice-President. and Secretary
Treasurer, until the first election as above
specified, the first Board of Directors shall
be B. III. Decker, 2l3 Canal Bank Bldg. |
Morris J. Dazet. 1910 n. Claiborne St; Vital
Decker, President; J. NJ. Dazet, Vice-Presi- |
lent; Vital -Tujague. Secretary Treasurer. |
All meetings of stockholders whether gener
II or special shall be held after notice of
said meeting and shall be given in writing |
% each stakeholder by the Secretary, either |
Meeting.
ARTICLE VI.-At the Termination Of this /
harter by limitation or otherwise, the bust
TESS affairs. shall be liquidated by two
commissioners to be appointed from among |
he stockholders at a meeting convened for
hat purpose, after ten days notice in writing
hall have been given by the Secretary TO
ach stakeholder in person or by mail, said
TO be elected by a majority /
'ote of the shares of stock present or rep
esented at such meeting and voted in person
II by proxy. Said COMM ssioners shall re-
main in office until the affairs Of the Cor
,oration shall have been fully liquidated,
md in case of death, resignation. or inabil-
ty of either to act, his place shall be filled
" the stockholders in like manner, until
UGH time the survivor shall continue TO act.
ARTICLE VII-This charter may be
hanged or altered or amended or the cor
Grafton shall be dissolved or ordered Ii
Undated by vote Of two-thirds of the CAPT
al stock present represented at meet
ng of the stockholders convened for that
urpose, after ten days notice in writing