The herald. [volume] (New Orleans, La.) 1905-1953, 1920-04-15
CHARTERS.
all things necessary to carry

ness: to do all things necessary 10 carr!
on its business.
ARTICLE U.-All citations and other
legal process shall be served on tne IreS ,
ident or in his absence or oisaOlhtS' on
the Vice president.
ARTICLE III-The objects ana pur-
noses for which this corporation Is OF
,,anizad and the nature of the business 10
he carried on by it, are hereby deciartu
TO be: To manufacture, make; ser DuI
and deal in shoe dyes anu PolsIes sS 90
,o generally do business OF mahulaC
turing and selling the said shoe dyes anu
noIishes. and to generally do eVerylhlnS
necessary or appertaining TO the sald
business ana to carry out the oOJec'' anu
purposcs as above set forth.
ARTICLE IV.-The capital stock Oh
This corporation is hereby fixed at i've
tbnps,nd IS5 OOOOO) dollars divided into
my shares of the par value OF one nun
dred dollars each, which STOCK sna Lll a.
Maid for in cash or in property EoouS
or merchandise. or in service or ldOOr az
.,,,iIr r,rrfnrmed for the cOrpOrduOn' All
took shall be full paid and non assess
able: no shares Of stock ShalI " '
Tarred except on the books or the C onn
,,,nv and until the certificate OF sIoCA
Iii 30 delivered and cancelled the capi-
taI stock of this corporation may ne III
creased to fifty thousand CSJOVVoVo' ~
lars The said corporation ehHiI 80,
business and he going couStI III, d" SoIIorS
n
az IT. stock shall have been suDscrlDtu w.
ARTICLE y.-All the corporate powers
,f tbis CORPORATION and management anu
control of this business including the PoM
or TO buy. sell, mortgage, pledge OF
cumhrr the property DOth IT"l ~ 90 Al
sonal shall be vested In the DOard ol VI
rc.lors TO be composed Of three sto'h
bnIdrrs The directors shall be clecteu
annually by ballot by the stockhOlueIS Ou
the second Tuesday Of April coIhilcl'l7
La nf Il.
cent as may be hereinafter PROVIDED loI'
E,rh stakeholder shall he entitled III per
son or by proxy to vote on ea'u s ..
of stock owned by him, ana such eleCtlon
J shall be held under the rules anu $3.50
I,tionS as NAV be adopted by the Doard
of directors The directors thus tlt,ttu
| shall continue for one year uhtll IhelI
/ successors shall have been eiecteu' a"u VI
! no fuiIura to elect shall be regarded as a
| forfriture of the charter. Any Nachh'S
| occurrip,r on the board of directors shalI
| bc filled by the board and the Doaru oL
! directors shall at their first meeting aIt,'
| their election, nominate out OF thelI nun
| nor and elect n president, and treasurer
| Docratorv. yicc-president. The first board
| of directors shall be: j. Milton bo"c'
! oSo4 Fell street. New Orleans, La Gus
taye J. BuiSsOn, 36ll Constance suSe'
| New Orleans, La, John ID. MARTINEZ IA va
| rondelrt and GirOd streets, New orleans
! I, with j. Milton BOze, president anu
| treasurer; GuStave j. Buisson, secretary
John ID. Martinez, vice-preslueht' "a
meetings of stockholders, whether gen
eraI or special. shall he held AFTER no
tice of said meeting and shall be GlNel
| I'm writing to each stakeholder by I'M
secretary, either in person or pE mal,
ten DAYS prior TO said meeting anu snai
he addressed to his last known ADDRESS
ARTICLE VI.-At the termination
this charter by Limitation or iS -.
, the business or affairs shall be hquluate'
nv two commissioners to be appolnte'
from among the stockholders at meet
ing convened for that purpose aIter le
DAYS notice in writing Shall nave ~.
= given by the secretary TO each stochnolu
{ In nerson or by mail, said commissioner
10 be elected by a majority vote OIL III
shares of stock present or represented a
such meeting and voted III perSUn vi -
n proxy. Said commissioners shai n
In offirc until the affairs of the corpora
. lion shall have been fully liquidated an
: in case of death, resignation or ihaniI,t
. of either to act. his place shalI ne iliit I'M
u Inv the stockholders in like manner UNI
o such time the survivor shah con'in"'
, act.
Z ARTICLE VII-ThiS charter may u
changed or altered or amended or the cor
h pOration shall be dissolved or oruereu
t undated by vote OF tWo-Ihlrus pl
e capital stock present or represcn,cu az 60
: meeting of the stockholders convened ~
n that purpose, after ten days notice
4 writing shall have been given by the sec
retary TO all the stockholders in perso
a or by mail.
ARTICLE yIII.-No stockholder sha
. ever he held liable or responsible Tor u
n contracts or faults of this corporation
N any further sum than the unpaid pa
Il oncp due to the corporation on the shar'
= owned by him. nor shall any mere INFO
II mality in organization shall have tne {
: feet of rendering this charter nun an
q void or exposing any stakeholder TO an
liability beyond the amount of his uhpal
stock The names below Is the suDscrll
8 tion list of subscribers. no other exlstih
= Thus done and passed in my notarl
= | office IlO7 Hibernia Bank Building, Ne
"a Orleans La on the day, month ana !e'
herein first above written, in the presen
Of Irene Hall and Philip j. Derbes, con
~ petpnt male witnesses, who hereuhto s!t
IL their names, with me, notary, ana u
Is said subscribers, after due reading Oh u
=, whole. ~,
Witnesses:
ie L. J. Derbes.
Irene Hall. ,>-rD
he Notary Public.
in I. the undersigned Recorder OF MOI
ce cages in and for the parish OF Orleai
d, state of Louisiana, do hereby certl1y IN
he the above and foregoing Act OF lncorp'
ng alton, of the American Shoe Dye anu !,