The herald. [volume] (New Orleans, La.) 1905-1953, 1919-11-13
CHARTER.

CHARTER.
wishing to dispose of stock herein shall
first present same to the Directors of
the company. who shall forthwith notify
the stockholders. Stockholders desiring
to avail themselves of the purchase of
said stock upon paying the book value
thereof as shown by last trial balance of
the Company, shall have the right within
fifteen 30 days from the day said stock
was presented to the Directors within
which to avail themselves thereof.
ARTICLE V.-All the corporate powers
of said corporation shall be vested in and
exercised by Board of Directors to be
composed of not less than three 90 stock
holders to be elected annually on the
second Monday in November in each year.
after November list, 1920. All such cleo
tiOns shall be by ballot. and shall be held
and conducted at the office of this cor
pOratiOn under such regulations as may
be established by the Board of Directors.
Notice of such elections shall be given by
the Secretary-Treasurer of this corpora
ton by written notice of not less than
three days prior thereto, to each stock
holder, sent to him by mail. to his last
known place of business or dOmicile.
Any vacancy. occurring among the Di-
rectOrs of this corporation by death.
resignation or otherwise. shall be filled
by election for the uneXpired term by
the remaining Directors. \ failure TO
elect Directors on the date above speci-
fled shall not dissolve the corporation,
nor impair its corporate existence. but
the Directors then in office shall remain
in office until their successors shall have
been duly elected and qualified. The
Board of Directors shall at its meeting
elect a President and General Manager,
a Vice President, and a Secretary Treas
urer.
ARTICLE VI-The following shall con-
Stitnta tha first hO1 r1 If ASh
ton Blum, who shall also be President
and General Manager, Mrs. Bertha ..
Meyers, who shall be Vice President. and
Joseph Curry, who shall be Secretary Treas
urer. and said board shall hold office
until the Second Monday in November,
1920, or until their successors shall have
been duly elected and qualified.
ARTICLE Vino stakeholder shall
ever be held liable for the contract or
faults of said corporation in any further
sum than the unpaid balance due the cor
pOratiOn on the shares of stock owned
by him; nor shall any mere informality
in organization have the effect of render
ing this charter null, or exposing the
stockholders to any liability beyond the
unpaid amount remaining due on his
stock.
ARTICLE VIII.-The subscribers here
to have written opposite their respective
names the amount of stock in this cor
and this act of incorporation shall serve
the original subscription list of said
corporation, tO-wit: Ashton Blum, 1920
st. Charles Street, New Orleans, three
shares; Mrs. Bertha o. Meyers. 1920 st.
Charles Street New Orleans. one share
Joseph Curry, 1920 st. Charles Street, New
Orleans, eleven shares.
Thus done and passed in my office at
the City of New Orleans, on the day,
month and year first above written. in
the presence of Edwin 7. Merrick and II.
l.. Barnett, competent witnesses who
gether with said appearers and me, No
tarv. after due reading of the whole.
Witnesses: Edwin E. Merrick III. L.
Barnett.
Original Signed) Mrs. Bertha o.
Meyers / share 1920 st. Charles Ave.
Joseph Curry, eleven shares, New Orleans,
La; Ashton Blum, 3 shares, New Orleans,
La.
(SeaD
WILLIAM J. GUSTE,
Notary Public.
I, the undersigned Recorder of Mort
cages, in and for the Parish of Orleans,
State of louisiana do hereby certify that
the above and foregoing act of incOrpOra-
ton of the Ashton Blum Baking Co.. Inc,
was this day duly recorded in my office
in Book 1881, Folio -.
New Orleans, La, --. 1919.
tSlgneuD EMILE j. LEONAhD, Ivy. II.
1 hereby certify the above and forego-
ing to be q true and correct copy of the
original on file in the records of my
office.
WILLIAM J. GUSTE.
Notary Public.
November 6, 1919.
The undersigned stockholders of Ashton
Blum Baking Company, Incorporated, be-
ing sworn, depose and say, that the fol
lowing is an itemized, accurate and detail
ed description of the property and good
will, together with statement of it's value
as appraised by the Directors and state
ment of the value placed upon the good
will included in the capital stock:
ovens $500. :.-...': . o'VVV.Vo
Machinery: Consisting of dough
mixer, elevator, bin and SITTER. 2,500.OC
Baking utensils Consisting of
pans, pots, wracks, peels for
ovens 100000
Excess value placed on lease. 100000
Good will Observation-Disclosures. 5,500.0C
s15OOO.OC
(Original Signed) Mrs. Bertha o. Mey-
ers Joseph Curry, Ashton Blum.
Sworn to and subscribed before me
this 30th day of October, 1919, at New
Orleans, Louisiana.
(SeaD
WILLIAM J. GUSTE.
Nnfa Dbl