The herald. [volume] (New Orleans, La.) 1905-1953, 1919-11-13
CHARTER.
cv.pTrR OF HEBERT LIFE SAVING
enA DEVICE COMPANY, INC.

DEVlEE SOmFANhS AA'S'
,,-;,.d States OF America, State of Louisi-
p.r;sh of Orleans, City of New Orleans.
apn.A;;, Known, that on this Ninth day OF the
month of September, IN tne year ia OF ,i our
Lon and of the Independence OF the United
S,,s,s Of America, the one hundred and
sn,,y.fourth, before me, William ATdlll, a
. No,,ry Public, duly commits sioned and quail
sOS IN and for the City of New Orleans,
I pso.h Of Orleans therein residing and IN
IA presence of the witnesses hereinafter
". med and undersigned, personally came and
snnr,red the several parties whose names
are hereto subscribed, all OF me tuii age on
rs;ority and residents of this City, who
ssveraliy declared that availlng themselves
= he laws of the State of Louisiana, and
ososc;aly of Act 167 of 1914, in such cases
made and provided, they have formed and
arSanred. and by these presents do form
- organize themselves into corporation
sor the objects and purposes and under the
s,;mlations and agreements hereinafter set
forth and expressed which they hereDy ac-
eett and adopt as their charter, to-wit.
ARTICLE 1.-The name and title. of the
CORPORATION hereby formed is declared to pc:
aHebert Life Saving Device Company In
orporated.
ARTICLE II-Its domicile shall be in
,bs Civ Of New Orleans, State of Douisi-
ana. where all stockholders and Directors
meetings must be held; provided, that with
tbe written consent of all the directors
valid meetings of directors may be held
outside Of the State or within the State
elsewhere than at its domicile; and shall
have and enjoy succession for a period o:
ninety.nine (99) years from date hereof.
ARTICLE II-All citation or legal pro-
cess shall be served on the President, and
IN case of his absence or inability to ac:,
uDon the Vice President or Secretary-Trea
surer
ARTICLE Iv-The objects and purposes
for which this corporation is organized and
the nature of the business to be carried on
by it are declared to be:
To acquire by purchase or otherwisce ano
exploit an invention known as HILBERT Safe
" Device, patent for which has been APP
piled for in the United States patent OF.
flee, and the United States Letters Patent
covering same when granted to lgnatious
Hebert or assigns for safety device ana
any subsequent improvements thereon, or
extension thereof, as well as any other Pat
ents, Improvements or extensions 1t may see
fit to acquire; to carry on the business or
manufacturing itself, thru others all
patents acquired by it; to grant licenses for
the use of said patents; to acquire by pur,,
chase or otherwise real personal or mixed
property, and to sell, lease, mortgage or
otherwise dispose of same; to execute and
enter into all contracts and generally do and
pclI0rm any anu dll InlHBS uCSCSSdiy ahu
Incidental to the objects and business for
which this Company is organized.
ARTICLE v.-The capital stock of this
corporation is hereby fixed at the sum Of
One Hundred Thousand Dollars (Sl00 O0.0O)
divided into One hundred thousand shares
100000 of the par value of One Dollar
M@) each, Of which Fifty Thousand $50
1000, or one half of the capital stock has
been subscribed for; which stock may be IS
sued full paid and non assessable for cash, OF
for property transferred for value or fol
services actually rendered to said corpora
% One Hundred and Fifty Thousand Dol
lars GS,M0O.
ARTICLE Vu-All the corporate power.
Of this corporation shall be vested in anc
exercised by Board of Directors con
sisting of three stockholders, the majorit,
q whom shall constitute quorum for th'
transaction Of all business. The first Boar
loving stockholders: Fiorent Lebeuf re
siding at 1850 Milan Street, New Orleans
La, and Alfred Wellborn, residing at 81
Common Street, New Orleans, La, ant
isnatious A. Hebert, residing at l23
Columbus Street, New Orleans, La, who shall
hold ,s office until the LIST day of December
p0 or until their successors have been dull,
appointed and qualified
The first officers of this corporation shall
Be Florent Lebeuf, President, Alfred Well
secretary, Treasurer, who shall hold thei
Once until the lst day Of December, 1920 o
uneii their successors have been duly appoint
ca and qualified
In case of the resignation or death of an
une Directors, during their term of Office
ue sad remaining Directors. shall appoint
holders. '-O"' A''s 'Ae
IN the LIST day of December, 1920, unles
sna gay be a Dies non, then in such cas-
mi. ~ inc i,rst succeeding judicial day and ar
a ahasmny thereafter an election for Director
sal ne held at the offices of the Compan,
Snosr the supervision of three commissioners
sJ1ee Tor annual meetings and for stool
osn meetings shall be given by til
s;,a'a aiy. treasurer, to each stockholde
y. ,aer IN person or by depositing a. wri
xn notice in the Post Office, properly az
fketines.
III. al stockholders shall vote. at all stool
~ 81 meetings by ballot, and majorit
su.. Me stock present shall govern on a
4. save as otherwise provided b
@ Each share of stock shall be entitle
Proxy. " pei'o" Vi W "ii''e
ARTICLE vII.-This Act Of ;ncorporat;o
AZ; Dc changed, modified, or amended, ,
"'Pofanon may be dissolved with II
49, OF two-thirds of the capital stock i
,.n.x ~ meeting of the stockholders CO..
5.y, W 'tnat purpose, after thirty IS
A., PRIOR written notice or such meetir
q s., aave been mailed to the last adore
mr., ssn stoekholder by the Secretary Urea
Il. \, me company and should at any NEE
pcr,,;. should be decided to dissolve the co
e 1on, either by limitation of its cha
ior any other cause, its affairs shs
\ .qmdated by three 90 commissioners
Ss;a erected from among the stockholde,
mt, senmassionens shall remain in off
bsvs ,ne affairs of the corporation shs
u oeen hquidated. In case of the dea
q sr,,, o. said commissioners, the surviv
s'vors shall continue to act.
cai.LE vIII.-No stockholder of III
sop,,.ssnon shall ever be held liable for I
sur 49, Or faults thereof, in any furth
nr,,;aasn the unpaid balance due to the G,
Ain III on the shares of stock owned
nn;,. nc1 shall any mere informally in I
Ssrsson have the effect or rending Il
ksAI;s.u 1,i or exposing a stockholder to a
aosi beyond the unpaid amount of
ii ss.sS !x-The subscribers to the ca
e, ..ee the Cooperation have set oppos
- the amount of stock subscrib
m, which subscription il 10 sra
~ - ~ . normal suhse-.rv ,t,~, ,f .<x-k