The herald., 1920-03-04
CHARTER.

election falls on a legal holiday, then said
! election shall be on the first day there
| after not a legal holiday. All such cleo
tons shall ,be by ballot. OF such cleo
lions at least fifteen days previous no
tice shall be given 10 each StOckholicr.
either personally or by depositing the
same in the poStotfice. properly addressed
| \ majority of the votes cast shall elect,
and each share of stock shall be entitled
to one vote, to be- cast by the owner III
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 hav"
qualified. 4 failur" to elect Directors on
the date above specified shall not dissolve"
the corporation. but the existing Board
shall cause another election to he held
| within thirty days thereafter. WHEREOF nj
| teen days previous notice shall be given
a. above provided for. Any vacancy oc-
curing in the officers or Board from any
| cause whatsoever shall b" nllcd for the
uneNpircd term by the remaining III
| rectOrS ANY Director who may b" absent
| from the city OF New Orleans shall haY"
tn" 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 appointing him. The OIL -
GERS of this corporation shall consist or
Ia President. Vice President. Secretary ana
Treasurer. but tn" Offices of Secretary ana
| Treasurer may b" hled by one and tn"
same person. \ majority of the Directors
/ shall constitute u quorum for the trans
artIOu of all business. l ne l'odTu tl III
rrcf0rS at their first meeting following
each annual election shall elect from their
number Il President. a Vice President,
| Secretary and a Treasurer. or "A Secretary
| Treasurer, who shall continue in ohlce for
one year from such election or until their
Successors are elected and have quallhcd.
! Said Board Of Directors shall have fuil
power and authority to exercise al the
/ powers conferred on this corporation by
these articles of incorporation or which
| are or may be- permitted 10y the laws ap-
/ plicablc to corporations.
| ARTICLE N-ThiS act OF Incorporation
may be amended. altered and modified or
/ this corporation dissolved in the manner
provided by law aud particularly III con
! formity with said Act 36I of 1914.
/ ARTICLE Vino shareholder shall
! ever bc held liable or responsible for tn"
contracts or faults of this corporation in
/ any further sum than the unpaid balance
due on shares of stock owned by MN
| nor shall any inf0rmality in organization
have the Vil'ct of rendering this charter
/ null or Of exposing any StOrkhOldrr 10
any liability beyond the unpaid balance
| due on his stock: nor snall any informal
! ity or irreGularity in organization have
! ia" effect of rendering any StOckhOldet
/ liable as "a partner.
/ ARTICLE NII-The following persons
/ shall constitute the first Board of llir"c-
| tors. and shall ocrv" until the first Tues
day in January. 1921. or until their sue
! r"SSorS shall have been elected and quail
| fed viz: William -. seymour, Ga ).
! VI. Heating II. I2i2 Canal street. New
/ Orleans. La. and Miss Junia \. Gingry.
/ Ass -. Mary street. New Orleans. with
] William -. Seymour as President. Joseph
J NJ Heating. Jr. as Vice President. and
Miss Juua \. Gingry as Secretary Treas
urpr. The incorpOrHtOrS have set opposite
their signatures their respective addresses
and the number Of shares to which they
have each subscribed 80 that this act OF
Incorporation shall also serve as the origi-
nal subscription list 10 the capital stock
| of this corporation; there being also ap-
pended hereto and made part hereof
| sworn statement by all the stockholders
and EOard OF Directors herein named, fur
niShing an accurate. detailed and item.
tied description of the property and good
will transferred to and accepted by said
corporation in payment of seven hundred
and fOrty-eight C1iS) shares of stock sub
scribed bv William II. Seymour, together
with the appraiSemCnt 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
neSScS. who have hereuntO signed their
names. with the said appearerS and me,
said Notary. after due reading of the
| whole.
Witnesses: =. Puyoulet Ira La Dieu
Original signed: J. a. Gingry, 1888 St.
! Mary street. New Orleans. La. ! share (;
Wn. d. Seymour. GA $. Peters street, New
Orleans. La. AS shares: Jos NJ. Heating
Jr., 1922 Canal street. New Orleans. La.
share. !. VI. FOrCelle. Jr.. Not. Pub.
|. the undersigned Recorder of Mort
cages. in and for the fariSh of Orleans,
State of Louisiana. do hereby certify that
the above and foregoing act of incorpOra-
| tiOn of the William II. Seymour Co, Inc.
in Book 1928. Folio 4l5. New Orleans.
February End. 1920. tSigned) Emile J.
Leonard, Dy. r. A true copy. J. II.
! FOrcelle, Jr.. Not. Pub.
State OF Louisiana, Parish of Orleans.
! City of New Orleans. Itemized statement
and appraisement of property, etc. taken
in payment of stock of the William u.
| Seymour Company. Inc. The following is
! accepted in payment of seven hundred and
| forty eight (74S) shares OF stock subScrib-
ed by William II. Seymour: The general
| brokerage aud wholesale business hereto
| fore conducted by said William u. Sey-
mOur ut No. GA S. Peters street in this
! city. viz Assets-Current: Cash. Sl4.-
O05.39; accounts receivable. S3l .9S23l; notes
| receivable. S2l.543.69; merchandise. per in
| ventOry, S39. $500; stocks and bonds. SOS
| ;t57.41. Fixed: Office furniture and fix
| lures truck and auto. s"557.l1. Total.
| $780, 900 20. Liabilities Current: Bills
| payable. SJ6.6293i: money OH deposit, 81
473O4
william u. Seymour. Joseph NJ. Heating
Jr, aud Miss Junia y. GingTv. stOckhOld
| rrS and Board of Directors of William -
| Seymour Company. Inc. being duly sworn,
| depoSe and saw that the above is a true
| ana accurate detained ana ltemlzed state
ment of ;he property transferred to and
| accepted by said corporation in payment
| of stock. as aforesaid and that the valu
| and appraiscments thereof were made by
| them. The said apnearers further declared
that the subscriptions OF Joseph VI. Keat-
! ing, Jr., and Miss Junia 4. Gingry were
| paid for in cash.
Sworn TO and subscribed before me, on
| this 3lSt day of January. 1920.
| (Signed) j. A. GinGry, VIM. II. Sey-
mOur JOS VI. Heating. Jr.
| (Signed( J. II. Forccffe. Jr.. Not. Pub.
true copy. J. II. Forcellc, Jr., Not.
| Pub.
| Feb. 12-MarCh 1S.