The herald. [volume] (New Orleans, La.) 1905-1953, 1920-10-21
CHARTER.

Z hltl tlhar IT. anu. Ni't'. 'i-"' manu-
>haN nave 'ud enjoy an 'h" F.t.'N. 40
'au'a-"~ ana rri'l'~r'> granted "' .t"
y" 'Fi"r"I"N-. HAh ,".Ii 'N'>' i"F ''' .''.
term ana H'rl"n 81 NINETY h'Hr years lr''
'al- dhh. il ~..iI h'N" l'"'' '' ''.'' .' ID.
Nu' "hd N'. NN'H i' N.Hrt ana U.s. COR
i"ra'' ~.t. 'hl The -Hi.' I" .l.'' "'.'
hr'tN 100 It-t~IF- Z" H'iI. I' i've. .''T
purchase. SOL .u' convey 20 wen - .'.'''
-is". a>N".U'' 1'' lMd I.'dt' progeny .
real PERSONA! aHd MIXED. ''FI"r'f' I'D.
u""rr"rrH Z" name .HE apron. >' 81
managers directors. "Ih.'i, "-'".- .'.
other employees lis H. I,''.~. A.t COB.
E"ul,u'" NAY require aiH To- LA-' ..'
establish. a- We'll els H.''F "AH "N'." '.'..
Na." p" ''"'. -"," ~ .'"-- ... ',. H.,
..'.'. IN ..'' .. ~ ..-,..
Tot '.' ,.''''... .-.,-. .-.....
.'' ...r,...'' =. ~ -r.. ..-.. .r q.
- ~ d !. -. Cd. o.. e..
,'''"'.," ..I....-,. and oil
~. '''' r...f ,.-... E.T b..
60, 80 D.. an. az ...i.t ,.,-r.,-..
''r w." i.'' .t...r,.. mn ~. .,..r.,..-,
.'''' 80 -. .I -
ANii' - ~.
Pp>'N o. 'u'N VI i''' ''., 80, a. . -
Oh ne 'IS',,Ss b. ~ '''''' '' '. 81 go
II, ,,,rrv Oh Ih. bu>.u.-- of and 10
n.rruf.,r'ur, uv-.H.s,. lrt sell paints
=. -uisnrs oll. filters stains cement stains
ana eating, nutfy ul.-- and Older -uI.
10. for r..frr,r. iu,lutIr, marine. rI.rf-
- To r.suufgrfurr purrh:-, and sell
manor and rroruu of AN G,~rrlurLau. and
amy and aI chemicals of aG kinds. ami 20
acquire letters patent ana Licenses iH'r'.
for. and formulas or recipes for the mauu
faetur- OF paints. V"rul>Lr~. oils. hl.'r~.
stains rolpr>. "uan"I>. "ai"r-prnof coat
IuEN and compounds. mortar ana cement
stains and 'ULtIug~. putty. glass and other
supplies for painters. including marine
paints. and 10 do any aud all things aEd
transact any and all business which sh'n.
OF may b" or h"'om" in'ldrriai z" or "F'~
ont of or b" connected with ~u, manu-
featuring business, or any part thereof. t.
the fullest extent that H." SAN" shall b"
or hc,uIuc allowable or authorized under
ANY ~tltuf" applicable thereto. uu" or
hereafter To boz enforced
,;,r.r.Il, rn do All and everything ur..,.>
>ary. suitable. convenient or proper ;uI
tE. .,,n,u,,Ii.lrreu pf amy Of M. I,uruo~,~
r - any an. of IN. objects herein emu
,i.r,,,d ar incidental 10 IN. pgwrr, hire.
in named or which shall at auy tim,. AZ.
Drur conductive, or cNprdirut To the PRO
,.,i,,,, ~ h,.,,,fif nf M. ,oruorYfiou either
. -. toIt.rs ar ar interested in any prou
,rty or otherwise. with All powers nov
or hereafter conferred 10y the laws Of IA"
Stat. of Louisiana upon corporations or
cauizrd under the Act herein referred 10.
This ,orror.,iop shall HAY. tho mower
., ,a,.,,,., -. In. ms 81, an ~ it, branch
~ -, - tt. Srat.. T.rrifori.s or
,.n.t,..yioTs ~ "a. I.uif,d STgIr. as VII
in fn-,i,,u rounrrirs and may have
On. ,- ,,,nr. :, ~. ,ut.id. nf M. STAT. of
Louisiana
4 I 1 4 ~ HTtal
- Of ~. .,rf,or,tiuu j. hereby uNrd
~. .,,T' az tII.nty,iN rhou.aui ts2G
I,.n a., IrtI,-s r,r,-..,.ut.d l,y tnr... thnu>-
- ~, t,,,.irJi 49, y-l,i,b ,,id ,..,r,i-
~" ,n,L 'hsII h,. divided a. follows
-, -. tEaus,,,d d,Il,rs ,nnsi.tiul, OF
,,,.nty fy,. buudrrd shares Of the par value
- t'' ISIonGt JoIIsrs nor sb1r, shall be-
,-rt 1T ND ON. thousand dollars
poU-i.tin, ~ an, Thousand share, of th,
mr. yaIue NJ an. doIIar Drr share shall br
. amman stock Said prrf-rred stock shall
no entitled Ia rr.frrenc,. and priority over
? an comruou stork In dividends IN each and
.y.rv yryr al the rat. of eight per cent
Nor .uuuut r,yybI. ont OF tn, profits or
. earned surnIu. annually on the first day
Of J.uuary of each year. as declared T.
/ n poarJ Of Dir.ct9rs Said dividends
,haII he TumuIatiy. and shall be- limited
, 10 aiUht n.r ,,nt Drr anuum and no diyi
bends shall be paid on. or set aside for
the common stock until all The dNlhchus
on the preferred stock shall have b""I
fully paid. Said preferred stock shall have
no voting power.
In tho event of the dissolution or Iiuui
dation of the corporation. and in any dis
tribution of the assets of said corporation
among the stockholders. the par Valu.
ali the preferred stock legally issued au'
. outstanding shall be paid to the holder
thereof in full with all unpaid dividends
before any payment shall b" mad" TO th'
holders of the common STOCK
The BOARD Of Directors may at any time
out OF the proits or earned surplus Of sale
Corporation retire all or any portion u
said preferred stock on giving to the reg
istpred holder or holders thereof thirty
days written notice by registered mail I,
the last address given TO the corporation
(which notice and delay may be waivet
/ by any such stockholderJ. upon pay
ment 10 the holders OF said stock so re-
! tired the par value thereof plus ten pei
| cent together with all accumulated an.
[ nual dividends to the agreed dividend,
provided in this charter. up to the date o.
! The reclamation OF said stock after which
the diyidepds ON said stock shall cease
| said redemption 10 he pro-rated accord
ing TO the outstanding stock No preferred
! stock however shall be retired until tn,
expiration Of two years from the dat,
| hereof No dividends will be paid on tn,
common stock until all Of the preferred
stock has been retired
7, ,bo a,ar, % tho dissolution or roui
- - Nn,nnrotinn e. -. -,
uaslVn "a ,h. 80 30 ,hn c"rDaratior Pc;
, n". VI ~ t 81, -, ~ 80 III -, NV
IN. nv pay nm, ~ Ill w. ffs.aS ond ant
~ ~ toa,T i,h az, a,cnn,,IIa,ad
htanolnE' !osp.HtI MN an az, t ,', irI
anu ; uIpa'u - 49, ~ aaiS -
ttn"hTTi, VI naiL va 80 h, a. ~ a,
t t snnII oe ul,ieI nniUnt Wv , ~
/ tnt tolilnIoh StoA' IEaii' i'Nu'u anu ou'
/ st'nuinS, III PiOP'''i'" W '"''i i'7P''
Nv
All voting power OF the corporation shall
be vested exclusively in the common stOcL
/ at all elections OF directors or other meet
ings Of the stockholders, except on queS
tions relating TO the mobilization, chang
ing or alteration or this charter or Hqul
dalton or dissolution or TINS corporation
in which cases the preferred stock shall
nave Ike voting power az the common
stock. that ~, one vote Tor each share 81
stock.
NO amendment 10 the charttr shaiI d,