The herald., 1920-02-26
CHARTER.

If1Anlbn.
election falls on a legal holiday, then said |
election shall be on the first day there
after not a legal holiday. All such cleo
lions shall be by ballot. or such eiec-
lions mt least fifteen days previous mo-
flee shall be given to each stockholuer,
either personally or by depositing the
same in the postoffice. properly addressed
A majority of the votes cast shall eiect;
and each share OF stock shall be enutieu
TO one vote, to be cast by the owner In
person or by proxy. The Directors thus
elected shall serve and continue In once
for one year or until their successors shali
have been duly elected ana shail nave
qualified A failure to elect Directors on
the date above specified shall not dissolve
the corporation, but the existing Board
shall cause another election 10 De heiu
within thirty days thereafter, Mhe[eot III,
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 filled Tor the
unexpired term by the remaining ID
rectors Any Director who may be absent
from the City of New Orleans shall nave
the right to appoint any stockholuer ol
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. Inc OIL
GERS OF this corporation shall consist oi
a President. Vice President. Secretary ana
Treasurer, but the offices or Secretary anu
Treasurer may be filed by one and the
same person. A majority OF the directors
shall constitute quorum Tor the trans
action of all business. The Board OF Dl-
rectors at their first meeting foiloWlng
each annual election shall elect from their
number a President, q Vice President, Il
Secretary and Treasurer, or secretary
Treasurer, who shall continue IN once TOT
one year from such election or until tneir
successors are elected and have qualined;
Said Board of Directors shall have full
power and authority to exercise an the
powers conferred on this corporation Dy
these articles of incorporation or when
are or NAV he permitted by the laws ap-
plicabie to corporations.
ARTICLE V-This act Of incorporation
may be amended, altered and modined or
this corporation dissolved In the manner
provided by law and particularly IN con-
| formity with said Act 267 of 1914
| ARTICLE VINO shareholder shalI
ever be held liable or responsible tor 'n ne
any further sum than the unpaid balance
due on shares OF stock owned by MIN
nor shall any informality In organization
have the effect of rendering this charter
null or of exposing any stocknoider 10
any liability beyond the unpaid balance
due on his stock: nor snail any INFORMAL
| ity or irregularity in organization nave
rhe effect of rendering any stockhoidef
| ARTICLE yU.-The following persons
shall constitute the first Board OF Direc-
| tors and shall serve until the nrst Iues-
day in January. 1871, or nntli ,nSir onaIi.
fed. viz: William ID. Seymour, 6If >
Peters street, New Orleans, La; Joseph
NJ. Heating, Jr.. 1922 Canal street; New
Orleans, La and Miss NS Suni 1r, a i" viii
william ID. Seymour as President, Josept
| NJ Keating Jr.. as Vice President. ant
Miss Junia A. Gingry as Secretary-Ireas
urer. The incorporators have set 9pposle'
their signatures their respective addressei
and the number of shares TO which the.
have each subscribed. SO that this act o
incorporation shall also serve as the orlgi
nal subscription list to the capitai stoc'
| of this corporation; there being also ap
/, pended hereto and made a part hereof
| sworn statement by all the stockhoider
and Board of Directors herein named, fur
nishing an accurate, detailed ana item
lied description of the property and goo
will transferred to and accepted by san
corporation In payment OF seven hundre
and forty eight (I4S) shares or stock SUP
scribed by william ID. Seymour, togethe
with the appraisement thereof as made b.
said stockholders and Board OF Directors
Thus done and passed, in my ONCE; q
II the City of New Orleans, on the DAY
month and year herein hrst above viii
ten in the. presence of Aessieurs Pierr
Puyoulet and Ira La Dieu. competent WI!
nesses, who have hereunto signed thei
, Names with the said appearers and m'
said Notary, after due reading OF IN
witnesses: p. Puyoulet, Ira La Diet
Original signed: j.. A. Gingry, 43S 3
Mary street, New Orleans, La, / share
Orleans, La, 74s shares: Jos. NJ. Keatint
Jr., 1890 Canal street, New Orleans, La
share. ]. II. Forcelle, Jr., Not. Pub
I, the undersigned Recorder Of Nor
| cages, in and for the Parish of Orlean
State of Louisiana, do hereby certify ths
: the above and foregoing act OF incorporf
= ton of the William u. Seymour Co, Inc
I was this day. duly recorded in my oIiS
: February end, 1920 tSigned) Emile I.
: Leonard, by. r. A true copy. J.
. Forcelle, Jr., Not. Pub:
State of Louisiana, Parish Of Orlean
: City of New Orleans. 1temized statemeI
= and appraisement of property, etc, take
. in payment Of stock Of the William
8 Seymour Company. Inc. The Following
e accepted in payment Of seven hundred an
70 forty EIGHT (74S) shares OF stock subscril
. ed by William ID. Seymour: The gener
y brokerage and wholesale business heret'
= fore conducted by said William ID. Sc!
4 mour at No. GA s. Peters street, In tn
T. city, viz: Assets-Current: Cash, S14
Z 0O539: accounts receivable, $31 ,9S2.3 not
- receivable $21.543,69; merchandise. per Il
- | yentory $50, $500; stocks and bonds. $Zs
y 557.41. Fixed: Office furniture and q,
:. sl3e 09920. Liabilities - Current: Bill
payable, s56.829.34; money on deposit, s
is e9as2 Total. s8l. 628 16. Net worth, 81
~ 473.04
~ Jr, and Miss Junia 4. Gingrv, stockhoi
ls crs and Board of Directors of William
Seymour Company. Inc, being duly swor
y, depose and say that the above Is tr,
- and accurate detailed and .itemized stat
"a ment of the property transferred to al
NJ accepted by said corporation In payne
~ of stock, as aforesaid, and that the val
,e and appraiscments thereof were made
= them The said appearers further declar
IN that the subscriptions Of Joseph M. kes
y" ing, Jr., and Miss Junia A. Gingry We
No paid for in cash.
q Sworn to and subscribed before me,
- this 31st day Of January, 1920.
- (Signed.) ]. A. Gingry, VIM. ID. Sc
3, mour, Jos. NJ. Heating. Jr.
a. fSigned) ]. H. Forcene. Jr., Not. Pu
., A true copy. J. II. Forceile, Jr., M
"A Pub.
"a Feb. 12-March IS.
ID ACT OF INCORPORATION OF GRE