The herald., 1920-07-08
IItHTER OF PARA RIHUER cow
Pt\l or LOUISIANA

United states Of America. stat. Of
Louisiana. Parish Of Orleans. civ f
New orleans To II know. tutt on
this fourth day Of Tia, month 81 lIn.,
IA IA" year of our Lord. on. Thousand
min" hundred and twenty. and of the
Independence of n" United States Of
America, tn" on" hundred and forty
fourth. h-for" mo. Edgar Mayer Calm.
a notary public. in ana for IN. Parish
81 ORLEANS, Stat" Of Louisiana duty
commissioned, sworn and qualified and
900 ~" pr">"nc" Uf tu" " Iu'-.., Sc. y .r..-
matter named ana UNDERSIGNED. per
>"IaiI\ r'ilnc anG appeared th,. several
PARTIES Who's" names ar" h"rcunto sub
>"rlh"a. who ScvrrallN declared that
dNdlIln- themselves OF the laws Of tnr
stat" OF Louisiana. in such .,J~.S mad .
ami provided. they have &C. ,,r;.rf.i
and agreed. ana do. 10y iu.,.. presents
covenant ana agree. AMI hfr tu,m-
>"tN"S. aS Wei aS all "th"' fcrS"rr, Who
ma hereafter become associated with
''"in 2" form corporation and BODY
P"Iitl'. IN law, for the objects ar Il. p
n'>,@. "hH under the art',i". and stjp-
HiatIouS following, to-Wi1.
NRTICLE I-Th,. name Of ,s,is ,n,..
l"raii"n shall hc Para Rubber Com
p'nN 81 Louisiana. Inc, and nnI,r lis
Nald corporate name. n shah lave
p'N"' and authority ant ,njn, 81 -
h"ndtr existence and Succc~-.p'l for the
tull term Of niu"ty-nin" vrI.s frnh,,
IN" dat" hereof. 1" contract. sue ana
h' sued. to make and H.. e., .,nr,,,,..,r ~.
seal. and To alter and b..al ~. s.,'be
AT pleasure: to a"puir.. .. ::ift Grant
or "thcrWlS", receive. ;rv.o. h,..Itr.
'"HNc\' sell, lease, plcd..r. aIOr; .a.,.
ana DISPOSE "f. property. real p.rsoI,.i 4
ana mixed to issue negotiable bonds
anu notes. or other evidences Of debt tn
name ana appoint such managers.
agents. directors and officers as lis
business interest and convenience may
require to make and establish as Ny,il
as l" after ana amend, from time IN
I'M. Such bylaws, rules and te-ula-
tnnS Tor the proper mana cement of rho
aHdlrS or this corporation. as the sam.
may d" necessary ana proper. said cor
p"rat!on shall have further mower In
acquire, sell and dispose of Tho c,,itaI
stock in other corporations and rn%t
ther 10 enjoy and exercise All rho
!iShiS ana privileges and grants under
} me laws OF this State. ana more par
iana Legislature of 1914.
ARTICLE 1.-THE objects and nur-
POSES Tor which this corporation is or
SanlZed, and the nature of the bust
ness to be carried on bv it are barah,.
declared to be: TO maniIfarturn h,,S.
ana sell rubber goods of every deSrrin-
l"l' ana TO transact such other bust
ness as may he incidental thereto or
connected Herewith includin. the
ilSht Ia omen and operate branch stores
IN other cities and states Of the Union,
ARTICLE llI.-The capital stock of
IN" corporation * hereby fixed at tbe
sum OF Eighty Thousand $3.50. 600. OO)
'pliarN, 10 be represented by eight
hundred $500 shares of the par value
o. one Hundred ($lOO.OO) Dollars each
payahie at such time and under such
conditions as the Board of Directors
iprN determine. This corporation shan
Pe gong concern and authorized To
u" BUSINESS as soon as fftV (50C,) Nor
cent OF IT'S authorized capital shall be
subscribed for and at least fifty (5Or, !
per cent of all stock so subscribed for
ShaII be paid for. Stock of this com
sany shall only be issued for cash or
services rendered, merchandise,
property or other valuable conSidera :
tons, epuring to this corporation. ac-
Cordlng To the exclusive judgment and
findings of the Board of Directors
ARTICLE IV.-In the event any
holder or owner of stock as well as
ms widow, estate or heirs, desires TO
sci or dispose Of the same such holder
OF tNner' as Wen as his widow, estate
or nelrS, must first tender such stock
10 lhe ether stockholders through the
Board OF Directors. for purchase for a
It,lou OF thirty days, in writing. at the
ne corporation, and during such ne
rlod or thirty days, the said stockhold-
els snail have the exclusive right to
accept or reject the purchase Of said
st'ck. as they may elect; and in the
even SAID stockholders, through said
Loard snail fail to make said purchase
WtthlE the said period at the price
offered. under the conditions aforesaid
then and in that event, the stakeholder
or stockholders desiring to dispose of
ms STOCK, may sell the same to such
other person or persons as he may see
ARTICLE N--The domicile Of this
corporation shall be in the City of New
C"leans, La, where all meetings of the
stockholders or directors must be held
provided, that with the written consent
II all the directors, valid meetings of
the directors may be held outside of
Ihe state, or within the State. else
Where than at its domicile. Citation
snail be served upon the President,
or in the absence or disa ability of the
latter upon the Vice-President, and in
the absence or disability of the latter
upon the Secretary. and in the absence
or disability of the latter upon the
Treasurer.
ARTICLE VIAL the corporate
powers OF this corporation shall be
vested in and exercised by a Board of
directors. three in number. all of