The herald., 1919-03-13
CHARTER

| corporation.
ARTICLE NII.-This corportion may he
| dissolved with the assent OF the stockholders
owning two thirds Of the issued capital stock
OF the corporation at a meeting convened tor
| that purpose after notice Of such meeting
! shall have been given to each stakeholder
in accordance with the terms provided 70. II
Article V OF this act of Incorporation. In
the event OF the dissolution Of this corpora
non by expiration Of this charter or other
wise, the business and affairs % TINS cor
poration shall be settled by three Nquidd-
tors TO be elected by the stockholders from
among their number the meeting which
decided 10 lQuidaIe; and said hQuda'o-s
shall remain in office until the affairs OF the
corporation shall have been fully hquGated.
and N case Of the death or disability OF one
or more of the said liquiGators, he sar-
viYor OF survivors shall continue e. dgt IN
der the provisions and IN accordance with
+ the terms Of Section ~ oi Act 217 ~ 1914
/ ARTICLE NIII.-No shareholder % this
! corporation shall ever be held liable or re
aponslhle for any further than the
paid balance due upon the shares If stock
! rwne! Ivy him. neither shall any lriprnalIty
, OF the organization have the effect Of reu-
| derng this charter null. or exposing share
/ holder 10 any liability beyond the unpaid
I balance d&e upou MS stock, r'r shall any
/ InturwdlIty irregu,ar.ty In thc orga-
nizatun have the effect Of rendering any
| shareholder liable as par;re".
ARTICLE IN The suh>crlb .-s hereto have
respectively written opposite ;hei- names
the amount ~ stock in tins corporation sub
syrilci rur by each of them. ,lcgthcr with
ihel' pos; office aidrcssc So shat this act
u Incorporation shall serve Il, al original
! subscription list. And here the subscribers
Eugene Buckmastcr, William =. Luck, and
Henry !. Malochee. Scveraily declared that
" hcrcaS each one Of them Tor more than
, ten years past have been conducting bust
ness 10 the City OF New Orleans on his own
: account and also sales agent and repre-
sentative az various manufacturers Of ma
. guncrN. apparatus, machinery spcclaliieS,
Ntr n
4 tracts of sales agency, detailed list Of
70 winch contracts i hereto annexed, and have
b. also engaged in consulting and contracting
L. engineering and has bull. up during the period
+ aforesaid sales organization; said Eugene
j buts1A ster said William Z. Luck. and said
II Henry J. Malochee in payment Of their re.
h. Specuve subscriptions to the extent of fifty
h. shares Of the capital stock OF this corpora
20 ton TO each of them, hereby assign, set over
C. and deliver the good will If their said re-
II Npcctye business and sale, organizations;
e and further sevcrally obligate themselves.
u their heirs and assign to turn over 10 said
$ corporation. for period OF one year from
l. the date OF tins act OF Incorporation as and
:, | when the same shall be received, the pro-
r. ceeds. earnings and COMM ssions to hereafter
II beCome due to each of them on any con-
j. tracts or sales entered into and effected from
n and after this date for their respective in
r. dIvIdual accounts and 10 be hereafter re-
: ! ceived by any Of them as sales agent
: and representative of said manufacturers
4 either under the contracts aforesaid or any
m ulltI personal contracts Dt employment
Y name to any Of the objects and purposes of
al this Corporation which any one Of them
,r may hereafter enter into. And here the
SAID Eugene Buckmaster and Henry J.
is Malochee acting two Of the Incorporating
If directors have appraised and do hereby ap-
Ia praise the value OF the good will OF the bust
* ness and OF the sales organization heretofore
D conducted by said William p Luck ;ndi-
ar yidually and hereby by him assigned and
IN delivered, at the sum of four thousand tS4-
ID O0Wl Dollars and the said earnings and
ID commissions of the said William p. Luck
of to be earned by him from and after this date
a Tor the period aforesaid under his individual
IL contracts at the sum OF one thousand tSl,-
X coco Dollars. And here the said William
no Luck and Eugene Buckmaster acting as
10 two Of the Incorporating directors have ap-
n praised and do hereby apprase the value
~ OF the good will of the business and the
ty sales organization heretofore conducted by
r. said Henry J. Malochee individually and
hereby by him assigned and delivered at
OF the sum OF four thousand CS4DOO0 )Dollars
he and the said earnings and commissions of
I'd the said Henry ]. Malochee to be earned
d oy MN from and after TIN. date for the
to period aforesaid, under his said individual
X contracts at the sum of one thousand CSl,-
III O0oO Dollars And here the said Henry
he j. Malochee and William 2. Luck acting as
.ir two OF the incorporate directors have an
nd praised and do hereby apprase the value of
tn the good will OF the BUSINESS and the sales
5: organization heretofore conducted by said
t.. Eugene Buckmaster individually and here
% by by him assigned and delivered at the
l. sum of four thousand (S4OOOO0 Dollars and
IS the said earnings and commissions Of the
81 said Eugene Buckmaster to be earned by
i. him from and after this date for the period
y. aforesaid, under his said individual con.
in tracts at the of one thousand (SlOOOOm
x Dollars. And the said William p Luck
H. said Henry J. Malochee. and said Eugene
v Buckmaster. acting together as the Board of
he Directors of this Corporation have appraised
oh and do hereby appraise the value of the said
oh good Will of the business and sales organi-
he cation of each of them and the said earnings
to and COMM ssions of each of them to be earned
yn by each of them from and after this date as
he aforesaid by each of them hereby assigned
en- transferred and delivered to this. corpora
At ton at the sum of four thousand (S4,OOOOOy
ed Dollars and one thousand (Sl,OO0OM dollar.
ng respectively. And here said Eugene Buck
ny. Easter. said William p. Luck. and sale
to Henry j. Malochee having been first sever
not that fifty percent (sOGc) of the capital stool
m of this corporation has been subscribed an,
Di- paid for
rye Thus done and signed at my office at tn
ed City OF New Orleans, on the day, month an
in year, hereinabove first written in the pres
the ence of William W. Westerfield and Elsi
RS Johnson. competent Witnesses who have sign
the ed these presnts together with said appearer
wn and me, Notary, after due reading OF III
Who whole.
md Witnesses: VIM. w westerfield, Elsi
Di- Johnson.
to (Namss of subscribers omitted)
leir No., Dit;
the
,ts in and for the Parish of Orleans State ,
;no Louisina, hereby certify that the above an
foregoing act Of incorporation of Buckmaste
inn Luck Malochee, Inc, was this 5ay dull
/, n recorded in my office in Book 1928, Folio =
the New Orleans. March 3rd. 1919
At (Signed) EMILE J. LEONARD, by. I
fterl l, the undersigned. Notary Public, hereb
ner fcertify that the above and foregoing is
this true ana correct copy on the original cha
hat ter of Buckmas ter-Luck M alochee Inc
cor emitting the of the subscribers Their
,ed to, together with the certificate of the X
az corder Of Mortgages thereto appended.
ex- new 4Orleans, Louisiana, March ), l9l9
de- (SeaD A w. COOPER,
rate Notary Public.
ap Mar. 6l3.2O-27; Apr $40