The herald., 1919-04-03
CHARTER OF THE AMERICAN LEATHER
SUPPLY COMPANY, INC.

'mtcI States Of America. STATE II Louis
lama i"rl~l Of Orleans, tIN of New Or
leans. lie II known, that ON tins eleventh
ia' Of tie month OF February, IN the wear
. 81 "ar Lord one Thousand nine hundred and
I utuciccn, and OF the independence OF the
| United States Of America, the one hundred
and torty-th.rd; before me, Gustaye A. Liam
/ bias, q Notary Public, duly COMM ssioued,
sworn and qualified in and Tor the Parish
OF Orleans and in the presence uf the Wit
/ HesNeN hereinafter named and undersigned:
personally came and appeared the several
persons whoSe names are hercuuto sub
scrlbed, who declared that, avaiing them
selves OF the laws OF this state particularly
Act No. Ibf OF 1914, relative to the organt-
cation OF Corporations they do, by these
presents, agree and bind themselyrN as
well as such other persons who may here
alter become associated with them, to form
ana constitute a Corporation Tor the OBJ
Jects and purposes, and under the Articles
and Supulatlons. following, to-wit:
ARTICLE The name and title of this
corporation shall be American Leather Sup
ply Company, Inc. In its said name and
corporate capacity, it shall have and enjoy
succession Tor the term of ninety nine years
from the date hereof; and shall possess each
and every power, capacity, privilege or I'M
munlty Whatsoever, now or hereafter grant.
ed by law TO trading or commercial cor
pOrations
ARTICLE II.-This Corporation shall. be
domicled in the City Of New Orleans State
Of louisiana and the President, and, in his
absence the Vice President designated
aS the officers upon whom citation, or other
legal process shall be served.
ARTICLE Iu.-The objects and purposes
Tor which this corporation Is organized and
, the nature and the business to be carried
! on by 1t, are hereby declared to be: To
J deal IN purchase, and sell leather, in all
! us branches, and general findings, and to
j that end buy sell, lease, mortgage or in any
wise cucumber any property; establish
stores wherein any OF these articles may be
/ sold and purchased, and to that end gener-
ally, tor the purposes OF attaining or further
ing any OF the objects and purposes there
with connected or incidental thereto, to do
! any and all other acts and things which a
copartnershp or natural person could do,
and which now or hereafter may be author.
! lied by law.
= ARTICLE lV-The capital stock of this
, corporation is now fixed at Ten Thousand
! Dollars tSlOO0O0), divided into one hun.
dred shares of hundred dollars each
b Subscriptions to stock shall be paid for in
. cash, at such times and in such amounts
a and with such notices to the subscribers as
a may be fixed by the Board of Directors
E subject to the limitations placed thereon by
law. No stock Certificate shall issue to
any person until the payment in full by
Y MN OF the shares subscribed for by him.
! Tins capital stock may be increased to the
' sum OF Fifty Thousand Dollars.
5 ARTICLE N.-AH the powers of this cor
y poratlon shall be vested in and be exercised
: three stockholders, TO be elected at stock
holders meeting to be held for that purpose
annually, on the second day of February
at the domicile of the corporation. At its
flrst meeting following such election, the Di-
rectors shall elect President. Vice Presi-
dent and Secretary and Treasurer, who
d shall remain in office, until their successors
5 have been duly elected and qualified, and
t who shall perform such duties as are as
signed to them, respectively, by the Drec-
tors, and as may be prescribed by the by
j laws, rules and regulations to be adopted by
e the Board OF Directors, for the operation of
5 this corporation. The first Board of Di-
D rectors of this corporation shall be com.
y posed OF Michel Dutrey, go Antoine Street.
= New Orleans La; Peter Pizzo, 928 Bienville
e Street. New Orleans, La; and Charles E.
e Claude. COZ lberville Street, New Orleans,
z La, with Michel Dutrey as President, Peter
: PIzzo as Vice President and Charles Z.
Il Claude, as Secretary and Treasurer, who shall
$ serve until the second Tuesday of February
e 1920 when the first election of Directors.
c under this Charter shall be held, or until
e their successors have been duly elected and
:, qualified. Any vacancy occurring, for any
l. reason, in the officers directors of this
= corporation. shall be filled by the remaining
c members of the Board
ARTICLE VI.-Before any stakeholder
5 shall make a sale of his stock, he shall Of
J. fer the same TO the Board of Directors,
: which shall act agent for the sale of the
{ stock TO another stakeholder; provided that,
! If the Board of Directors is unable to sell
II said stock within sixty days thereafter at
y the price agreed upon by the owner, the
{ stockholders right to dispose of his or her
E stock shall become unrestricted. This pro-
u vision shall not apply to any transfer or
: sale Of stock which may be made within
{ thirty days from the date hereof.
ARTICLE VII.-In order that this Charter
may also serve the original subscription
( list the subscribers hereto have placed OPP
l. posite their signatures to this charter the
. number OF shares subscribed for by them,
y together with their Post Office address.
u Done and passed in my office, at New Or
g5 leans, this day. month and year first above
u written, in presence of Messrs Delvaile II.
= Theard and Oliver G. Blanchard, competent
! witnesses, who have signed their names with
the appearers hereto, and me, notary, after
due reading Of the whole.
&c Witnesses: Delvaille II. Theard, o. &
;, Blanchard
IL Original Signed Michel Dutrey, 81
id Antoine St, 10 shares; Peter Pizzo, 928 Bien
n willie St, 10 shares; JOS. E. Mares, SO Cont
OF ST., 10 shares.
IL GUS A. LLAMBIAS,
IL Notary Public.
n Recorded in the Mortgage office of tn,
~ Parish Of Orleans, in Book 1923, Folio 163.
te true copy.
III GUS A. LLAMBIAS,
tie Notary Public.
IL March q. Z.