The herald., 1920-02-19
CHARTER.

election falls on legal holiday. then said
election shall be ON the hrSt day there
after not legal holiday. All such cleo
tons shall be by ballot OF such cleo
lions at least fifteen days previous no
tice shall be given to each stakeholder,
either personally or by depositing the
same in the postoffice. properly addressed
4 majority of the votes cast shall elect
and each share OF stock shall be entitled
to one vote to be cast by the owner in
person or by proxy. The Directors thus
elected shall serve and continue In Office
for one year or until their successors shall
have been duly elected and shall have
qualified. failure TO elect Directors on
the date above specified shall not dissolve
the corporation, but the existing Board
shall cause another election to be held
within thirty days thereafter. whereof hf-
teen days previous notice shall be given
as above provided for. Any vacancy oc-
curing in the officers or Board from any
cause whatsoever shall be filed for the
unexpired term by the remaining Di-
rectors. Any Director who may be absent
from the City of New Orleans shall have
the right to appoint any stakeholder of
the corporation to vote for him at any
meeting of the Board, and such proxy
| shall have and exercise all the powers of
such Director ep: Ointing him. The oni-
GERS of This corporation shall consist OF
a President. Vice President, Secretary and
Treasurer, but the offices of Secretary and
Treasurer may be filled by one and the
same person. 4 majority of the Directors
shall constitute Il quorum for the trans
action of all business. The Board Of Di-
rectOrs at their first meeting following
each annual election shall elect from their
Secretary and Treasurer, or Secretary
Treasurer, who shall continue in Office for
one year from such election or until their
successors are elected and have qualified
Said Board OF Directors shall have full
power and authority to exercise all the
Powers conferred on this corporation by
these articles of Incorporation or which
are or may be permitted by the laws APP
plicablc to corporations.
ARTICLE V.-This act of incorporation
may be amended, altered and modified or
this corporation dissolved in the manner
provided by law and particularly In con
formity with said Act 26I of 1914.
ARTICLE VINO shareholder shall
ever be held liable or responsible for the
contracts or faults of this corporation In
any further sum than the unpaid balance
due on shares of stock owned by him;
nor shall any informalty in organization
have the effect of rendering this charter
null or of exposing any stockholder TO
any liability beyond the unpaid balance
due on his stock; nor snail any informal
ity or irregularity in organization have
the effect of rendering any stockhoidef
liable as n partner.
ARTICLE VII.-The following persons
shall constitute the first Board Of Direc-
tors. and shall serve until the first Tues
day in January. 1921, or until their sue
cessors shall have been elected and quail
fed. viz: William ID. Seymour, GA $.
Peters street, New Orleans, La: Joseph
NJ Heating, Jr.. 1922 Canal street, New
Orleans, La. and Miss Junia A. Gingry
! l43S st. Mary street, New Orleans. with
William ID. Seymour as President, Joseph
VI. Heating, Jr.. as Vice President and
| Miss Junia A. Gingry as Secretary Treas
urer The incorporatOrs have set opposite
their signatures their respective addresses
and the number of shares to which they
' s.s.h sub nil had fhaN is n
| Incorporation shall also serve as the origi-
! nal subscription list to the capital stock
of this corporation; there being also ap-
pended hereto and made part hereof a
sworn statement by all the stockholders
| and EOard of Directors herein named. fur
Wishing an accurate. detailed and item
| lied description of the property and good
will transferred to and accepted by said
and forty eight CAS- shares of stock sub
| scribed by William ID. Seymour, together
with the appraisement thereof as made by
said stockholders and Board Of Directors.
Thus done and passed. in my Office. at
the City of New Orleans, on the day.
month and year herein first above writ
ten. in the presence of Messieurs Pierre
PuyOulet and Ira La -Dieu. competent wit
nesses. who have hereunto signed their
names. with the said appearers and me.
| said Notary, after due reading Of the
whole.
Witnesses: p. Puyoulet. Ira La Dieu.
Original signed: J.. 4. Gingry, 1888 st.
Mary street New Orleans, La. l share;
VIM. u. seymour, GA s. Peters street, New
Orleans, La. AS shares Jos. NJ. Heating.
share. j. II. Forcelle, Jr.. Not. Pub.
/. the undersigned Recorder of Mort
cages, in and for the ,'arish of Orleans,
State of Louisiana. do hereby certify that
the above and foregoing act of ineorpora-
ton of the William u. Seymour Co. Inc,
was this day duly recorded in my Office
in Book 1928, Folio 4l5 New Orleans.
February End. 1920. tSigned) Emile J.
Leonard. by. r. A true copy. J. II.
Forcelle, Jr., Not Pub.
State of Louisiana, Parish of Orleans.
City Of New Orleans. Itemized statement
in payment of stock Of the William ID.
Seymour Company, lac. The following is
accepted in payment of seven hundred and
forty eight CAS- shares Of stock subscrib-
brokerage and wholesale business hereto
fore conducted by said William ID. Sey-
mour at No. 6l4 s. Peters street, in this
city. viz; Assets-Current: Cash, Sl4.-
receivable. sal.543.69: merchandise. per in
ventory, $50. $500; stocks and bonds. S2S,-
557.41. Fixed: Office furniture and fix
lures. truck and auto. s3:5T.l1. Total,
3a0g9:2O. Liabilities - Current: Bills
payable. s56.6203i money on deposit, 81
e9a.s2. Total, s61,626 l6. Net worth, ST.
41304.
William D. seymour, Joseph NJ. Keaiing.
Jr, and Miss Junia 4. Giugrv. stockhold-
prs and Board Of Directors of William ID
Seymour Company, Inc, being duly sworn,
depose and say that the above Is true
and accurate detailed and itemized state
meht of the property transferred to and
accepted by said corporation in payment
of stock, as aforesaid and that the vain.
and appraiscments thereof were made by
them. The said appearers further declared
that the subscriptions or Joseph NJ. Keat-
ing. Jr.. and Miss Junia A. Gingry We're
paid for In cash.
sworn TO and subscribed before me. on
this 31st day of January. 1920.
tSigned) J. A. Gingry, VIM. II. Sey
mour, Jos. N. Heating Jr.
tSigned) J. ii. Forcerfe. Jr., Not. Pub.
true copy. J. II. Forcelle. Jr., Not.
Pub.
Feb. 12-March Is.
ACT OF INCORPORATION OF Ores.