The herald. [volume] (New Orleans, La.) 1905-1953, 1920-04-08
CHARTERS.

ness: to do all things necessary to carry
on its business.
ARTICLE u-AH citations and other
legal process shall be served on the fres-
idpnt or in his absence or Disability, Oh
the Vice president.
ARTICLE III.-The objects and pur-
noses for which this corporation is or
ganized and the nature of the business 10
be carried on by it, are hereby declared
TO be: To manufacture, make, sell' puS
and deal in shoe dyes and pOllshes' anu
To generally do a business OF manufac-
turing and selling the said shoe dyes and
poIisheS. and to generally do eyerythlnS
necessary or appertainlng TO the salu
business and TO carry out the OBJECTS anu
purposes as above set forth.
ARTICLE IV-The capital stock OF
this corporation is hereby fixed at five
tbnus,ud tS5 600 COZ dollars, divided into
fifty shares of the par value OF one nun
drrd dollars each, which stock ShalI De
paid for in cash or in property soods
or merchandise, or in service OF lapor az
tugJIy performed for the corporation; all
stock shall he full paid and nOn-aSsess-
able. no shares Of stock shall De trans
ferrrd except on the books oil the com
pany and until the certificate OF sioth
shall be delivered and cancelled the capl-
tai stock of this corporation may be m
creased to fifty thousand tNJO,ovoVoJ uol-
lars The said corporation Shall OrElh
business and be "A going concern as soon
"A,
of it, stock shall have been subscribed TO.
,gyICI.E V-Au the corporate powers
of this corporation and management ana
control of this business including the pow
or To buy. sell. mortgage, pledge or en-
rumbcr the property both real ana per
sOnal shall be vested IN the D"ard ol u
rnrtor, to he composed of three stock
holders The directors shall be elected
annually by ballot by the stockholders ON
the second Tuesday of April commencing
on the second Tuesday of April, l9-i, eA-
cent rs may he hereinafter provided 1Or
Bach stakeholder shall be entitled in per
son or by proxy to "a vote on each snare
of stock owned by him, and Such election
shall be held under the rules and reSu,
IationS as may be adopted by the board
of directors The directors thus elected
shall continue for one year until thtlr
Successors shall have been elected, ana
no failure to elect shall be regarded as
forfeiture of the charter. Any vacancy
occurring on the board of directors shaIl
be- filled by the board and the board OF
directors shall at their first meeting after
their election. nominate out OF their mum
Der and elect a president, and treasurer ;
secretary; vice president. Inc ilr>t Doaru
of directors shall be: j. Milton BOze,
2S24 Bell street. New Orleans, La, Gus
tave J. BuiSSOn, 36ll Constance street
New Orleans, La. John ID. Martinez "a
rondelct and GrOd streets, New Orleans,
La with j. Milton BOZe president and
| treasurer; Gustave J. Buisson, secretary ;
John ID. MARTINEZ. vice president. All
meetings of stockholders, whether gem
! eral or special shall be held after no
| tice of said meeting and shall be given
| in writing to each stakeholder by the
secretary, either in person or by mail,
/ ten days prior to said meeting and shall
! be addressed to his last known address.
ARTICLE VI.-At the termination OF
this charter by limitation or otherwise,
| the business or affairs shall be llquldated
. a To hA 4,
| from among the stockholders at meet
/ ing convened for that purpose, after ten
days notice in writing shall have been
| given by the secretary to each stOckhOluer
! in person or by mail, said commissioners
! TO be elected by a majority vote OF the
| shares of stock present or represented NJ
| such meeting and voted in person or by
| proxy. Said commissioners shall remain
/ in office until the affairs of the corpora,
| ton shall have been fully hquidated, ana
| in case of death, resignation or inability
| of either to act. his place shall he filled
by the stockholders in like manner, untll
| such time the survivor shall continue 10
| act.
ARTICLE vII.-This charter may be
| changed or altered or amended or the cor
| poration shall be dissolved or ordered IL
| undated by a vote of twO-thirfS OF the
| capital stock present or represented AT
/ meeting of the stockholders convened TOT
| that DurDoSe after ten days notice IN
I
rotary to all the stockholders in person
| or by mail
| ARTICLE VIII-No stakeholder shall
| ever be held liable or responsible for the
| contracts or faults of this corporation III
any further sum than the unpaid pal
ance due to the corporation on the shares
! owned by him, nor shall any mere intOr
mality in organization shall have the Ell,
feet of rendering this charter null and
| void or exposing any stakeholder to any
| liability beyond the amount of his unpaid
| stock The names below is the subscrip-
| ton list of subscribers, no other existing
| Thus done and passed in my notarlal
| office 11O7 Hibernia Bank Building. New
| Orleans, La, on the day, month and year
herein first above written, in the presence
| of Irene Hall and Philip ]. Derbes, com
| petent male witnesses, who hereunto slgT
their names, with me, notary, and th'
said subscribers, after due reading OF th'
whole.
Names of subscribers omitted.
Witnesses:
Il L. j. Derbes.
| Irene Hall.