The herald. [volume] (New Orleans, La.) 1905-1953, 1920-03-11
CHARTER.

election falls on legal holiday, then SAID
election shall be on the hrst day mere
after not a legal holiday. All such cleo
tiouS shall be by ballot. of such cleo
tionS at least fifteen days previous no
tice shall BE- given to each stockhOlItr.
either personally or by dcpOSltlnS the
same in the poStoflico. properly addressed.
\ majority of the votes cast ShaH eject,
and each share of stock shall be entitled
to one vote to be cast by the owner III
person or by proxy. The directors thus
I elected shall serve and continue i'll ONCE
/ for one year or until their successors shall
/ have been duly elected and shall nave
/ qualified. failure To elect Directors Oh
| the date above specified shall not dissolve
| the corporation. but the existing Board
! shall caus" another election to be hrId
! within thirty days thereafter. WHEREOF nj
| teen days previous notice shall he gwen
rs above provided for. Any vacancy oc-
| curing in the officers or Board from any
! cause whatsoever shall be hlled Tor the
| uucNpircd term 10y tn" remaining III
| rcctorS ANY Director who may be absent
! from the CITY OF New Orleans shall haN"
| the right to appoint any Stockholdrr OF
| the corporation to vote for nm III any
| meeting of the Board, and Such proxy
/ shall have and exercise all the powers OF
| such Director appointing INN. me ON
| GERS OF this corporation shall consist oi
! 4 President. Vice President. Secretary AMI
Treasurer. but the offices of Secretary ana
! Treasurer may be nlled by on" ana th"
same person. \ majority of the directors
shall cOuStitHt" quorum Tor the trans
action of all business. The HOard OF III
! rrytorS ut ,hciT first meeting toIloNlh-
each annual elect ion shall elect from their
! number President. Il Vice IrrSldeut.
! Secretary and a Treasurer. or Secretary
| Treasurer. who shall continue III once LOT
one wear from such election or uhlll tu'lr
! Successors are elected and have quahh"d
Said Board of Directors shall nave nun
power and authority to exercise all the
powers conferred ON this corporation 10y
these articles OF incorporation or which
are or may he permitted 10y the laws APP
pIiribiC to corporations.
ARTICLE N.-ThiS act of incorporation
may hr amended. altered and modified or
this corporation dissolved in the manner
provided 10y law and particularly III con
formity with said Act 2GI Of lHl4.
ARTICLE VINO shareholder shall
ever be- held liable or responsible Tor the
contracts or faults of this corporation III
ANY further sum than the unpaid baiah'"
due on shares Of stock owned by MN
nor shall any iufOrmality in organization
have the effect of rendering mis- charter
null or of exposing any >torkHoiuCr /"
any liability beyond TIA" unpaid halAhIt
/ due on his stock: nor snail any informal
/ itv or irreGularity in organization nav"
/ The effect of rendering any stakeholder
/ liable rs - partner.
/ shall constitute the first Board of Dlr"r-
| tors. and shall scrv" until the hrSt Tues
day in January 1921. or until their sue
| ce>>or~ shall have been elected ana quar-
| lied viz: William u seymour, Ga ).
/ Peters street New Orleans. La: Joseph
VI Heating. Jr.. 1879 Canal street: Ne"
| Orleans. La. ana Miss Junla \. NhnSry
! I4.N 81 Mary street. New orleans, with
! William D. Spvrnour rs President. Joseph
| VI Heating. Jr. Is Vice President. ana
| Miss Juna y. GinEry rs Secretary lr''!N-
urrr. The incorporatorS have set opposite
! thcir signatures their respective addresses
and the number of shares TO which they
have each subscribed. 50 that tins ACT or
iucorporatiOu shall also serve as the OrlSl-
nal subscription list TO the Capltai STOCK
| of this corporation; there being also APP
| pcndcd hereto and made a part hereof a
sworn statement by all the stockholders
and Board of Directors herein named, inr-
uiShin- an accurate, detailed ana Item.
lied description of the property ana s"od
will transferred to and accepted by Sald
! corporation in payment Of seven hundred
! and forty-cight CAS- shares of stock sub
| scribed bv William II. Seymour. together
with the appraisemCnt thereof as made by
said stockholders and Board of directors.
| Thus done and passed, in my Office. at
the City of New Orleans. on IN" daN'
month and year herein first above writ
ten in the presence of MeSSieurS Pierre
Puvoulet and Ira La Dieu. competent wit
nCSScS. who have horeunto signed their
names. with tn" said appearerS ana me
! said Notary, after due reading of the
! whole.
Witnesses: T. Puyoulet. Ira La Dieu.
Original signed: j. \. GinGry, l4%S ST.
| Mary street. New Orleans La, | share {;
/ VIM II. Seymour. GA :. Peters street, New
| Orleans. La. AS shares; Jos. NJ. Heating.
Jr.. 1922 Canal street. New Orleans; La
l share. ]. II. Forcclle. Jr.. Not. Pub.
| I. the undersigned Recorder of Mort
| cages in and for the rariSh of Orleans.
! state of Louisiana. do hereby certify that
| the above and foregoing act of incorpOra-
tion of the William II. seymour Co. Inc,
was this day duly recorded in my Office
in Book 1928. Folio Az. New orleans
| February 2nd, 1920. tSigned) Emile J.
Leonard, by. r. A true copy. j. H.
state Of Louisiana, Parish of Orleans.
| City of New Orleans. 1temiZed statement
and appraisemcnt of property, etc: taken
| in payment of stock OF tn" William l'.
! seymour Company, lac. The following Is
| accepted in payment of seven hundred and
! forty-oight (74S) shares ur stock subScrih-
| ed by William II. seymour: The general
brokerage and wholesale business hereto
! fore conducted by said William j. Sey-
mOur at No GA $. Peters street, in this
city. viz: AsScts-Current: Cash. SIS
OO5. 20: accounts receivable. S3l.9N2.3l: notes
! receivable sol .54369: merchandise per in
vrntory. $50. $3.50: stocks and bonds S2S.-
80 A. Fixed: Office furniture and fix
lures. truck and auto. S5.53Il1. Total
$l@' O?9.20. Liabilities &C., Current: Bus
payable. SI6,62o.34: money on deposit, 81
9ai So Total SCI, 900 is. Net worth, So
473O4.
William n. seymour, Joseph NJ. Heating,
Jr. and Miss Junia \. GingTv. Stockhold-
crS and Board of Directors of William ID
Seymour Company, Inc being duly sworn
depOsc and saw that the above is true
and accurate detailed and tented state
ment of the property transferred to and
accepted by said corporation in payment
of stock. as aforesaid and that the Salu
AMI appraisCments thereof We're maze by
them. The said appearers further declared
that the subscriptions OF Joseph NJ. keat-
ing Jr. and Miss Junia \. Gingry were
paid for in cash.
sworn TO and subscribed before me, on
this 3lst day of January, 1920.
(SignedD ]. \. GinCry, VIM. II. Sey-
mour. Jos. VI. Heating Jr.
(Signcdl J. II. Forccfie, Jr.. Not. Pub
\ true copy. J. II. Forcclle, Jr., Not
Pub.
Feb 12-March 1S.