The herald. [volume] (New Orleans, La.) 1905-1953, 1919-12-18
CHARTER

shareholders, in writing, through the
secretary of the corporation, and each
shareholder shall be entitled to purchase
such proportion of the stock so offered
for sale as the number of shares owned
by him or her. at the time, bears to the
number of shares owned by all other
shareholders desiring to participate in the
purchase.
If said offer be not accepted by the
other holders of stock within the time
above prescribed, then such shareholders
desiring to sell shall be entitled TO sell
and transfer their stock to such person
or persons as he or she may see lit for
not less than the price at which he or she
has offered his or her stock to the other
shareholders. No sale under foreclosure.
of any power of attorney, pledge or
hypothccatiOn shall be Validly made of
the stock of this corporation until the
foregoing requirements have been com
or corporation provoking such foreclOs
ure or sale. The provisions of this ar
ticle shall be printed upon the face of
each certificate of stock.
ARTICLE VI-AH the powers of this
corporation shall be vested in and be eX-
erCiSed by a board of directors composed
of not less than three nor more than five
shareholders. and a majority shall COnSti-
tute quorum for the transaction of all
business.
y majority of the board of directors
voting in person shall be required to pass
any resolution or adopt any bylaw
which, when so passed or adopted, shall
become valid corporate act.
The board of directors shall be elected
annually at a general meeting of the
shareholders to be held on the first Mon
day in April, 1920, and on the same day
and month in each succeeding year, after
ten days written notice mailed to each
hEr 4ls.ll nr 1a. a 4
pearing upon the books of the corporation,
unless such notice be waived in writing
by all Of the shareholders appearing as
such upon the books. The failure, how
ever, from any cause to hold the annual
meeting of the shareholders or the failure
to elect directors thereat, shall not Oper-
ate the forfeiture of this charter, nor inn
pair the corporate management. but the
directors then in office shall serve until
their successors shall have been duly
elected. qualified and installed. ANY va
cancy in the board of directors shall be
filled for the uneNpired term by the re-
manning directors.
The officers of this corporation shall
consist of president, one or more vice
presidents and a secretary and n treasurer
The Office of secretary and treasurer may
be held by one and the same person I'M
der the name secretary the
office of president and treasurer. or presi-
dent and secretary, and Vice-preSident
tary, may likewise be combined under the
names of president and treasurer, presi-
dent and secretary and vice president and
treasurer and Vicc-preSident and secre-
tary.
There may also he general manager
who may or may not be a member of the
Board of Directors.
The first board of directors and officers
who shall serve until the annual meeting
to be held on the first Monday in April
1920 shall consist of:
Il. u. Adams APO Prytania street. New
Orleans. La, who shall be president and
secretary.
W. n. Perkins, 2123 Coliseum street
New Orleans, La, who shall be vice
president.
c. French. 10 Audubon Place. New Or.
leans, La, who shall be treasurer.
ARTICLE VII-ThiS act of incorpOra.
ton may be changed, altered or amended
or this corporation may be dissolved by
and with the consent of the holders ot
twO-thirdS of the amount of its then out
standing stock, at Il general meeting con
vened for that purpose. after thirty days
notice in writing mailed to each share
holders last known address and after fif
teen days publication in one of the daily
newspapers published in the city of New
Orleans, as prescribed by law.
If this corporation should be dissolved
by limitation or otherwise, its affairs
shall be liquidated under the supervision
of three commissioners to be elected at I
general meeting of the shareholders con
vened for that purpose and after notice
as above provided in this article, and
they shall remain in office until the af
fairs of the corporation shall have beeI
fully liQuidated; and i'll case of the deatf
or disability to act of one or more of the
liquidatOrS the survivors or survivor
shall continue to act under the provision:
and in accordance with Section Thirty
of Act e67 of 1914.
ARTICLE VIII-NO shareholder of thi!
corporation shall ever be held liable OF
responsible for the contracts or faults O
this corporation in any further sum thar
the unpaid balance due upon the share:
of stock owned by him; nor shall an!
mere infOrmality in the organization have
the effect of rendering this charter null
or of exposing any shareholder 10 an!
liability beyond the unpaid balance du,
upon his stock; nor shall any informally
or irregularity in the organization hav'
the effect of rendering any ShareholdeI
| liable as a partner.
Thus done and passed in my Office il
the city of New Orleans. on the day ant
in the month and year herein first abOv,
written, in the presence of Messrs. Bur
W. Henry and Frances EiSler, cOmpeten
witnesses, who hereunto sign their name
with the said appearers and me, notary
after the reading of the whole.
Witnesses: Burt w. Henry, i. EiSler,
Original Signed) c. French, 10 Audi
bon boulevard 20 shares; II. ID. Adams
1920 Prytania street, 20 shares; w. NJ
Perkins. by c. French, 2123 Coliseum
street. 20 shares.
| CHAS. L. FLETCHINGER. Notary Publi
l. the undersigned. Recorder of Mort
cages in and for the Parish of Orleans
State of Louisiana, do hereby certify tina
the above and foregoing Act of Incor
poration of Jefferson Products Company
Inc. was this day duly recorded in m.
| Office in Book 1881. Folio -.
| New Orleans. November 4, 1919.
| (Signed) EMILE LEONARD, by. Il.
I hereby certify the above and forego
| ing to be a true and correct copy of tn
| Act of Incorporation of Jefferson Pro
ducts Company, Inc, together with tn
| certificate of the Recorder of Mortgage
| thereto appended, as the whole now mp
pears on file and of record in my office.
| As witnesses my hand and notarial sea
at New Orleans, La, this 4th day of Ne
member. 1919.
CHAS. F. FLETCHINGER, Notary Publ
| Nov. 13-Dec. 49,
CHARTER OF THE SOUTHERN JOE
BERS' SUPPLY COMPANY, INC.
| United States of America, State of Lou
| isiana Parish of Orleans, City of Me-