The herald. [volume] (New Orleans, La.) 1905-1953, 1918-07-25
CHARTER OF
Isl >INE>S LETTER SERVICE COMPANY
INCORPORATED.
United States of America, State of Louis,
lana, Parish OF Orleans, city OF New
Orleans


lana, Parish OF Orleans, city OF New
Orleans.
lie it known that on this tI.r Grd day OF
= IJuly. l9iN, before me, EOlla \. TiChvHpr
la Gully commissioned, qualified ana acting
notary public IN ami Tor the Parish Ol
Orleans, sILLe OI Louisiana, ana IA the
! presence of In" hereinafter named and un,
, IderslSncu witnesses, personally came and
IIpPvarcd tine several persons, whose names
, iare hcrcuntO subscribed, ana scycrdIly de
! Cleared that, awaiting themselves 81 tno
general laws of the State Oi Louisiana, in
lSUCh cases made ana provided, they have
ltUrutu and organized, and do by theS,
, presents form and organize themselves and
such others as may hereafter become as
SOCIatcd with them into corporation and
body polite III law, Tor the objects and
purposes in the following articles set forth
, and expressed, which they adopt as their
Echartcr:
Article 1.-The name and title of this
/. corporation shall be business Letter Ser
lyice Company, Incorporated" aud II snail
leNiSt ana ENJOY succession for a period
, of ninety nine years from date hereof, with
all the rights ANA powers now or here
latter conferred upon similar corporations.
. II shall have the power and authority 10
; contract, sue and De sued to make and
use corporate SEAL the same To break
land alter at pleasure; to have, hold buy,
sell, lease, mortgage, hypOJheCdte or
pledge property, real, personal or mixed,
necessary, proper or incidental for the
carrying on of its business, as well as to
issue bonds secured by such mortgages
ito make and issue notes and other Ger
tifiCates of Indebtedness; to buy the cap
ital stock and securities OF other corpora
ltiOnS and TO give in payment therefor the
ICdpital stock of this corporation, cash,
property, merchandise or services; to
name, elect and appoint directors, man
layers, clerks or other employees 10 prop
lerly conduct its corporate business, and
Ito make such bylaws, rules and reguld-
ItiOnS may be necessary or found de-
Sirable for the management of the bust
d
the same to alter and amend at pleasure,
land generally to do every other act, mat
ter or thing necessary or desirable for
the complete carrying out OF said bust
mess.
Article 1.-THE dOmicile of this cOrpOr-
iatiOn snail be at New Orleans, IN the I'ar-
ism of Orleans, State of Louisiana, where
Iall citations or other legal process shall
be served upon the President, or in his
absence on the Vice President, or i'll the
absence OF both, upon the secretary.
Article llI-The objects and purposes
flor which this CORPORATION is organized
land the nature OF the business to be car
Iried on by it are hereby declared 10 be:
To engage i'll the advertising and print
ling business, to conduct letter-shOp for
tine production of circular, form and sales
LETTERS by various processes OF duplica
ltiOn; to do printing, emDOSsing, engray-
ling, multigraphing and mimeOgraphing !;
and TO write, prepare or edit copy Tor
booklets, folders pamphlets, circular, form
land sales letters ana advertising matter,
land to print, multigraph or mimeOgraph
the same ana to act as principal or agent
i'll the publication and circulation OF the
same, to copy manuscript, lists OF names,
address envelopes, to do public stenO-
graphic work, and to conduct mailing and
publicity campaigns; also TO engage III the
lsale, either AT whole sale or retail, of Office
supplies, general line of stationery, pa
lper, carbon paper, typewriter ribbons, INK
land similar merchandise, as well as Office
devices and appliances, office furniture and
equipment, Of to act as manufacturer >
agent in the sale of the same; also to in
lStruct ana train operators ill the opera
ltlOn, uses and mechanism of various kinds
Iof Office machinery and appliances, and 10
furnish the services OF such operators to
Interested persons or nrms.
| Article lN.-The capital stock OF this
corporation is hereby fixed at ten thou
sand 100000 dollars, and said stock shall
lbe divided into and represented by ten
thousand 10000 shares of the par value
lOf one ($lOUJ dollar each. Stock may
lbe paid for i'll money, i'll services rendered
Ito the corporation or in property and
good Will regularly transferred to the
corporation. The capital stock of this cor
IpOratiOn may be increased or decreased
10y majority vote of all of the Outstand-
ling stock at Il meeting of the stockholders
icalled for that purpose in the same man
ner as provided for the meeting to elect
| Directors.
Article V.-The corporate powers of this
corporation shall be vested i'll Board of
Directors of not less than three nor more
than hve stockholders, a majority of whom
shall constitute Il quorum for the trans
action OF business. At all meetings of the
/ Board of Directors each Director shall
have the right to appoint proxy to act
i'll his place and stead. Any action OF the
Board of Directors agreed to in writing
and signed by all the members or their
proxies, though done separately and with
out converting, shall have the same effect
as If done i'll formal meeting. The OIL
GERS OF this corporation shall be Presl-
dent. a Vice President, a Secretary and
| IrpaSurpr. Secretary
not be Il member of the Board of Direc-
tors. The Board of Directors shall have
the same to confer upon one person. Said
| Directors shall be elected annually on the
third Monday of January, i'll each year.
at Il general stockholders meeting, except
the first board, appointed in this charter,
who shall hold their offices until the third
Monday in January, 1919, or until their
successors are elected and qualified. Stock
holders shall have the right of cumulative
voting in the election of directors and Of
ficers. Any vacancy occurring among the
directors by death, resignation or other
wise, shall be filled by election for the
uneXpired term by the remaining direc-
tors. The first Board of Directors shall
| be composed of Thaddeus =. Bell, Edward
\. Adey, Jr., j. Edward Salathe, Aubrey
f. Murray and David V. Johnston, all of
the City of New Orleans, with Thaddeus
| Z. Bell as President and Treasurer, Ed
ward \. Adey, Jr., as Nice-President, and
David V. Johnston as Secretary; and all
until their successors are elected and quail
lifted.
| Article Vino stakeholder shall be held
liable or responsible for the contracts or
faults of this cOrpOrtiOn in any further
sum than the unpaid balance due to the
corporation on the shares of stock owned
by him, NOR shall any mere informality In
Organization have the effect of rendering
this charter null or of exposing a stock
holder to liability beyond the amount Of
his unpaid stock, if any.
| Article VII.-The location. value, des-
lcriptiOn and character of the property to
lbe given in exchange for the subscriptions
Ito the capital stock of this corporation,
otherwise than cash, or for services rend-
cred or performed, is hereby set forth,
described and itemized, as follows, to-wit !:
| All the property, assets and good VIII
lof the nOn-incorporated concern now
known as the Business Letter Service
Company, and owned by Thaddeus p. Bell
and now doing business at SIG Audubon
particularly, two multigraph printing ma
lchines, with special printing and sigma
ture attachments, ten multigraph sege-
mental drums, five fexo-typesetters, four
teen equipments of type, miscellaneous
equipment and accessories, one Edison
mimeOgraph, one duplicator, one Stand
| ard envelope sealer three typewriters, one
half gross of typewriter ribbons, three
Sross of multigraph ribbons, one hundred
and fifty boxes of carbon paper, sixty
Thousand sheets of letterhead paper, mis-
lcellaneous office supplies, twenty five gross
of Esterbrook pens, one Office desk, six
tables twelve chairs, stationery cabinets,
files, shelving, office furniture and fixtures