The herald., 1920-02-12
CHARTER.

have been duly elected and shall have
qualified. A 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 nj
teen days previous notice shall De given
as above provided for. Any vacancy oc-
curing In the officers or Board from any
cause whatsoever shall be filled for the
unexpired term by the remaining ID
rectors. ANY Director who may pc absent
from the City of New Orleans shall have
the right to appoint any stockhsider 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 ap. ointing him. The ohi-
GERS of this corporation shall CONSIST OF
President. Vice President, Secretary and
Treasurer, but the offices of Secretary ana
Treasurer may be filled by one ana tne
same person. majority of the Directors
shall constitute quorum for the trans
action of all business. The Board or d.
rectors at their first meeting Following
each annual election shall elect from their
number President, a Vice President,
Secretary and a Treasurer, or Secretary
Urea surer, who shall continue In onlce Tor
one year from such election or until their
successors are elected and nave quainheIi;;
Said Board of Directors shah 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 ap-
plicable to corporations.
ARTICLE V.-This act Of incorporation
may be amended altered and modlned or
this corporation dissolved in the manner
provided by law and particularly In con-
formity with said Act 267 of 1914.
ARTICLE Vino shareholder shaii
ever be held liable or responsible for the
contracts or faults Of this corporation IN
any further sum than the unpaid paiahce
due on shares Of stock owned by him;
nor shall any informally in organization
have the effect Of rendering this cforter
null or Of exposing any stocknoider 10
any liability beyond the UNPAID oaIance
due on his stock: nor snail any INFORMAL
ity or irregularity in organization nave
the effect of rendering any stockholdef
liable as a partner.
ARTICLE vII:1rhe following persons
tors. and shall serve until the first Tues
day in January. 1921, or until their sue
cessors shall have been elected ana quail
fed. viz: William ID. Seymour. Ola ,.
NJ. Heating. Jr., 1892 Canal street. New
Orleans La and Miss Junia A. Gingry,
1893 st. Mary street, New Orleans; win
William ID. Seymour as President, Joseph
NJ Heating, Jr.. as Vice President. and
Miss Junia A. Gingry as Secretary-Treas-
urer The incorporators have set opposite
their signatures their respective actresses
and the number of shares to which they
have each subscribed so that this act OF
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 a part hereof
sworn statement by all the stockholders
and Board of Directors herein named fur-
uisbing an accurate detailed and item
ized description of the property ana good
will transferred to and accepted by SAID
corporation in payment OF seven hundred
and forty eight CAS- shares OF stock SUD-
scribed by William II. Seymour. together
with the appraisement thereof as made oy
said stockholders and Board OF directors:
Thus done and passed, in my onice. at
the City of New Orleans. on the day.
month and year herein first above writ
ten. IN the presence of 'Messieurs Pierre
PuydUk. 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 Dien.
Nary street. New ORLEANS, La. share
| VIM D. Seymour. GA s. Peters street, New
Orleans. La, 74s shares: Jos. NJ. Heating
Jr. 1892 Canal street. New Orleans; La
| ] share. j. II. Forcelle. Jr.. Not. Pub.
/, 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 incorpora-
ton of the William ID. Seymour Co., Inc
was this day duly recorded In my Office
| in Book 1898. Folio AS. New Orleans
| February End, 1920 tSigned) Emile j.
Leonard, by. r.. ~ true copy. j. H.
Forcelle, Jr.. Not. Pub:
state of Louisiana, Parish Of Orleans
| City of New Orleans. 1temized statement
and appraisement OF property, etc, taken
| in payment of stock of the William ID
| Seymour Company. Inc. The following v
| accepted In payment of seven hundred and
forty eight (74S) shares OF stock subscrib.
| ed by William ID. Seymour: The general
brokerage and wholesale business hereto
fore conducted by said William ID. Sey-
| mour at No. GA S. Peters street, In this
city. viz: Assets-Current: Cash, Sl4.-
Oc5.39: accounts receivable. $319S2.31: notes
| receivable. Sa1,5i5.6g: merchandise, per in
yentory. $39. 4JS %: stocks and bonds. sos
| !574l Fixed: Office furniture and nix
lures. truck and autG. s35".n. Total
| S13a 0oa.20. Liabilities - Current: Bits
es,s2 Total, ss1. 1926 10. Net worth, ST.
473.04
| william u. Seymour, Joseph NJ. Heating
Jr. and Miss Jnnia 4. Gingrv. stockhold-
crs and Board Of Directors of William ID
Seymour Company. Inc being duly sworn
depose and say that the above is "a trus
and accurate detailed and itemized state
ment of the property transferred TO ano
accepted by said corporation In payment
| off ock. as aforesaid, and that the valu
end appraiscments thereof were made by
! them. The said appearers further declared
that the subscriptions or Joseph NJ keat
ing, Jr, and Miss Junia 4. Gingry were
paid for in cash.
sworn 10 and subscribed before me. or
this 3lst day Of January. 1920:
(Signed.) j. A. Gingry. VIM. ID. Sey'
mour, Jos. NJ. Heating .Jr.
(Signed.) J. II. ForccYie, Jr., Not PUB
4 true copy. J. II. Forcelle, Jr., Not
Pub.
Feb. r. March IS.