The herald. [volume] (New Orleans, La.) 1905-1953, 1919-04-24
CHARTER.
CHARTER OF THE AMERICAN LEATHER
SUPPLY COMPANY, INC.

4
SUPPLY COMPANY, INC.
United State, Of America, STATE Of Louis.
lana. Parish OF Orleans, City OF New OT-
len. he Il known. that On this eleventh
dtv ii trc month ot February, IN the year
of OUR Lord ore thousand nine hundred ana
nineteen. and Of The Independence OF me
United States of America. the one hundred
and i,r.y.tlirI; before mr, Gustave \. Liam.
bias. a Notary Public duly COMM sloHea'
sworn and qualified N and Tor the idTisn
% Orleans and M the presence ~ t-e WIZ
ucsses hereinafter named and undersigned /;
personally came and appeared the several
persons, whose names are hereunto sub
s.-iJed. who declared that avaIAng them
selves u the laws Of THIS state, particularly
Act No. 1s7 Of 1914, relative 10 the organ'-
z-uyu ~ Corporations; iIcy 90 Jy I''se
presents. agree and bind themseiveS as
well as SUCH other persons who may here
after become associated with them, 10 form
and constitute a Corporation Tor the Oh
Jects and purposes, and under the Articles
and S.ipu.at0ns, following t0-wIt:
ARTICLE 1.-The name and tide Of this
CORPORATION shall be American Leather sup
ply Company, Inc. In its said name and
corporate capacity it shall have and ENJOY
succession tsc the term OF ninety nine years
from the date hereof; and shall possess each
and every power, capacity, privilege OF I'M
muuity whatsoever, now or hereafter grant
Cd by law TO trading Or commercial cor
p1ra..U1s.
ARTICLE II.-This Corporation shall. be
d,rrai!eG I'm the City Of New Orleans, State
OF louisiana; and the President and, IN ms
absence, the VICE President, are designated
"a, the officer, upon whom CITATION, OF oiiC'
legal process shall BE- served.
ARTICLE II.-The objects and purposes
for which this corporation Is organized and
the ra.g~c and the business 70 be carried
On by T., are hereby declared TO be; 10
deal .a. ga1-lasc, and sell leather, IN all
IT,. branches, and general findings, and 10
tl4t end bay sell, lease, mortgage Or IN any
wise eucu.ber any property; esiablsh
STOKES wherein any Of these articles may be
sold and purchased, and - that end gene'-
allv for tie purposes OF attaining or further
ing any II the objects and purposes there
with connected or incidental thereto, to do
any and al. other act, and things winch a
60 partnership or natural person could do,
and which RON or hereafter may be author
lied by law.
ARTICLE IE.-The capital stock Of this
clrD,ra.l5n j., now fixed at Ten Thousand
bred share, ~ one hundred dollars each.
Subscriptions 10 stock shall be paid for IN
cash. Al such times and in such amounts
and w:.h such notices 10 the subscribers as
may be fixed by the Board OF Directors,
subjcc. 10 the limitations placed thereon by
law No stock Certificate shall issue to
any person until the payment IN tuil by
him Of the shares subscribed for by HIM.
This capital stock may he increased to the
- sum Of Fifty Thousand Dollars.
ARTICLE N-Au the powers Of this cor.
poration shall be vested in and be exercised
by a Board Of Directors, 10 be composed OF
three stockholders, to be elected at a stock
holders meeting to be held for that purpose
annually. on the second day OF February
at the domicle OF the corporation. AT IT
first meeting following such election, the d.
rectors shall elect a President. a Nice-Presl
dent and a Secretary and Treasurer, VIII
shall remain in office, until their successor
have been duly elected and qualified, ant
who shall perform such duties as are as
signed to them, respectively. by the Dlrec
tors, and as may be prescribed by the by
laws rules and regulations to be adopted b!
the Board of Directors, for the operation o
this corporation. The first Board OF Di
rectors OF this corporation shall be com
posed Of Michel Dutrey, go Antoine Street
New Orleans La; Peter PIzzo, 928 Bienvill
Street. New Orleans, La; and Charles +
Claude, 6N Iberville Street, New Orlean;
La. with Michel Dutrey as President, Pete
Pizzo as Vice President and Charles +
Claude as Secretary and Treasurer, who shall
serve until the second Tuesday OF Februar
1920 when the first election of Directors
under this Charter shall be held, or unit
their successors have been duly elected an
qualified. Any vacancy occurring tor an
reason, in the officers directors OF thu
corporation, shall be filled by the remainIn
members of the Board.
ARTICLE VI-Before any stockholde
shall make a sale of his stock, he shall OF
fer the same TO the Board of Directors
which shall act as agent for the sale OF tn
stock to another stakeholder; provided tina,
If the Board Of Directors is unable to SCI
said stock within sixty days thereafter, a
the price agreed upon by the owner, tn
stockholders right to dispose of his or he
stock shall become unrestricted. Tins pro
vision shall not apply to any transfer o
sale of stock which may be made within
thirty days from the date hereof.
ARTICLE VII.-In order that this Charte
may also serve as the original subscrlptlo
list the subscribers hereto have placed OF
posite their signatures to this charter tn
number of shares subscribed for by then
together with their Post Office address.
Done and passed in NY office, at New Or
leans, this day, month and year first abov
written, in presence of Messrs Delvalle L
Theard and Oliver c. Blanchard, competer
witnesses, who have signed their names wit
the appearers hereto, and me, notary, ate
due reading of the whole.
Witnesses: Delvaile II. Theard, o.
Blanchard
Original Signed Michel Dutrey, g.
Antoine ST.. 10 shares Peter Pizzo 92S Biel
willie St, 10 shares; JOS. E. Mares, $40 Con
GUS A. LLAMBIAS.
Notary Public.
Recorded in the Mortgage office of Il
Parish of Orleans, in Book 1928, Folio lo3.
A true copy.
Notary Public.