The herald. [volume] (New Orleans, La.) 1905-1953, 1920-03-25
CHARTERS.

ness; to do all things necessary to carry
on it's business.
ARTICLE u-All citations and other
legal process shall be served on the Pres
ident or in his absence or disability, on
the ice-prcSident.
ARTICLE II.-The objects and pur-
noses for which this corporation - or
gopized and the nature of the business to
be carried on by it, are hereby declared
TO be: To manufacture, make, sell Duy
and deal in shoe dyes ana pollShes' anu
to generally do business OF lnahuldC
turing and selling the said shoe ayes anu
poli>hps and to generally do everything
necessary or appertaining 10 the sall
! business and to carry out the objects ana
purposes as above set forth.
ARTICLE Iv.-The capital stock OF
| this corporation is hereby fixed At tlNe
thousand 80 10000 dollars divided into
! fifty shares Of the par value OF one nun
| drrd dollars each, which stock shall De
| paid for in cash o. i'll property Goous
4 or merchandise OF IN service OF ldDOr az
J tuallv performed for the corporation an
stock shall be full paid and nOn-aS>ess-
able: no shares of stock shall be trans
| fprrrd except on the books Of the com
pauy and until the certificate OIL StOth
| shall be delivered and cancelled the capl-
t,I stock Of this corporation may be in
creased TO fifty thousand $50 OOOO) dol
lars The said corporation shall DeSlh
business and be a going concern az soon
as twenty five hundred (S2,jO.OO) dollars
of its stock shall have been subscribed to-
ARTICLE V.-AIl the corporate powers
of this corporation and management and
control Of this business including the pow
rr TO buy sell, mortgage. pledge or en-
rumbcr the property both real and per
SOnal shall be vested in the board OF IL
rcctorS TO be 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, l92l, eX-
ccIt as may be hereinafter provided for.
Each stakeholder shall be entitled IN per
son or by proxy TO a vote on each share
Of stock owned by him, and such election
shall be held under the rules and regu-
latiOnS as may be adopted by the board
of directors. The directors thus elected
shall continue for one year until their
successors shall have been elected, and
no failure to elect shall be regarded as a
forfeiture of the charter. Any vacancy
occurring on the board of directors shall
be- filled by the board and the board OF
directors shall at their first meeting after
their election. nominate out of their num-
Der and elect a president, and treasurer /;
secretary; yicepresident. The first board
of directors shall be: ]. Milton BoZe.
1884 Bell street. New Orleans La, Gus
taye J. BuissOn, 3611 Constance street,
New Orleans, La, John ID. Martinez, Ca
rOndelet and GirOd streets, New Orleans,
La, with J. Milton BOZe, president and
treasurer, NInStaNe j. BulSSOu,
John ID. Martinez, vice president. All
meetings of stockholders, whether gen
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
he addressed to his last known address.
ARTICLE VI.-At the termination of
| this charter by limitation or otherwise.
the business or affairs shall be liquidated
| by two commissioners to be appointed
| 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 stakeholder
/ in person or by mail, said commissioners
! to be elected by a majority vote Of the
| shares of stock present or represented at
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 liquidated. and
in case of death, resignation or inability
| of either to act his place shall be filled
by the stockholders in like manner, until
| such time the survivor shall continue to
act.
ARTICLE vII.-This charter may be
changed or altered or amended or the cor
poration shall be dissolved or ordered IL
quidated by a vote OF two-thirds or the
capital stock present or represented at a
meeting of the stockholders convened for
that purpose, after ten days notice in
writing shall have been given Dy the Sec
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 in
any further sum than the unpaid bal
| ance due to the corporation on the shares
owned by him, nor shall any mere infOr-
mality in organization shall have the eff
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 nOtarial
office, 1107 Hibernia Bank Building. New
Orleans, La, on the day, month and year
herein first above written, in the presence
of Irene Hall and Philip j. Derbes, com
petent male witnesses, who hereunto sign
their names, with me, notary, and the
said subscribers, after due reading of the
whole.
Names of subscribers omitted.
Witnesses:
p. j. Derbes.
Irene Hall.
JNO. WAGNER.
Notary Public.
I, the undersigned Recorder of Mort
cages, in and for the parish of Orleans.
| state of Louisiana. do hereby certify that
| the above and foregoing Act of IncOrpor-
| alton. of the American Shoe Dye and Pol
| ish Manufacturers, Incorporated, was this
| day duly recorded in my office, in book
| 1893. folio...... New Orleans, March o,
1920.