The herald., 1920-04-29
CHARTERS.
CHARTER OF LANGBEHS COMPANY,
INCORPORATED.


United States OF America, State OF Lou
isiana Parish of Orleans, City OF New Or
leans BE il known, that on this seventh
day Of the month Of April, in the year OF
our Lord One Thousand Nine Hundred
and Twenty. and of the independence OF
the United States of America, the one
hundred and fOrty-third: Before me-
Edgar Mayer Calm, Notary FunlC, lHp
and for the Parish of Orleans. State OF
Louisiana. duly commissioned, sworn ana
qualified and in the presence OF the WIZ
npsses hereinafter named ana underSlSh-
ed personally came and appeared, the
several parties whose names are hereuntO
subscribed who Severally decaredL that'
gyaiIiug themselves Of the laws or the
State OF Louisiana, in such cases maze
and provided. they hav" cOYenant"d ana
agreed. and do, by these presents cove
uapt and agree. and bind themselves, az
well as all other persons who may mere
after become associated WIN thtni' ~
form corporation aud body pohtlc' III
law for the objects and purposes, ana I'M
der the articles and StipulatiOns, iOllo"
ing. tO-wit:
ARTICLE The name Of this corpora
tion shall hc ''iangbchn Company, incOr-
porated and under its said corporate
name. il shall have power ahh authority
10 enjoy corporate eNi~tenC" ana success
sion for the fun term of ninety nine years.
from the date hereof. 10 contract. sue ana
be sued to make ana rs" corporate
seal. and 10 alter aud break IN" same az
Measure. to Acquire 10y Eltt. grant OF
otherwise hold receive. hypOthccate. con
vry. sell, lease, pledge, mortgage ana as
pose Of, property. real PERSONA anu
mixed TO issue negotiable boRdS ana
notes or other evidences OF debt. 10 mann"
and appoint such managers. agents, di-
rectOrs and Officers. aS its business IN
terpst and convenience may require 10
make and establish. well as TO alter ana
amend from time to time. such bylaws,
md In
agpment OF the affairs Of this corporation
a. the same may b" necessary ana proper :
said corporation shall have further power
to acquire, sell and dispose of the capital
stock in other corporations, and further
10 enjoy and exercise all the rights ana
privileges and grants under tn" laws OF
this state. and NOR" particularly under
Act 261 of the Louisiana Legislature OF
1914.
ARTICLE 1.-THE objects and purposes
for which this corporation II organized.
and the nature Of the business to he car
Tied on by il. are hereby declared To u" .
TO engage In the business of importing
aud exporting between the United States
and foreign countries, with the right TO
maintain. operate and conduct offices ana
agencies in the United States and in for
eign countries. and To transact Such othtr
business as may be connected Herewith
or incidental thereto, all as permitted ana
sanctioned By law.
ARTICLE III-The capital stock of this
CORPORATION is hereby fixed at the sum OF
Five Thousand (S5OOOO) Dollars, to be
represented by fifty tJOl shares OF the
mar value of One Hundred (SlOO.OO) Dol
lars each payable al such times and under
such conditions as the Board of Directors
may determine. This corporation shall
be a going concern and authorized to do
business, as soon as fifty (jOPcl per cent.
of its authorized capital shall be sub
scribed for and at least fifty 5000 per
cent of all stock so subscribed for. shall
he paid for. STOCK of this company
shall only he issued for cash, or for
services rendered. merchandise. property
or other valuable considerations, enuring
TO this corporation, according to the eN-
elusive judgment and findings of the
Board of Directors thereof
ARTICLE IV.-ln the event any holder
or owner of stock, as well as his widow,
estate or heirs, desires to sell or dispose
of the same. such holder or owner. as well
as his widow. estate or heirs. must tlrst
tender such stock to the Board of Direc-
tors of this Corporation for purchase for
a period of thirty days in writing mt the
price of said stock on the books of the
corporation, and during such period Of
thirty days. the said Board shall have
the exclusive right TO accept or reject the
purchase of said stock. as il may elect ;
and in the event the said Board shall fail
to make said purchase within the said
period at the price offered, under the
conditions aforesaid. then and in that
said price shall pass to, be open to and
available TO. the stockholders. for a like
period of thirty days; and in the event
the stockholders or any of them, shall
not exercise this right to purchase, then
the stakeholder or stockholders desiring
to dispose of his stock, may sell the same
to such other person or persons as he may
see fit
ARTICLE V.-The domicile OF this cor
poratiOn shall be in the City of New Or
leans. La. where all meetings of the
stockholders or directors must be held.
provided. that with the written consent
OF all the directors, valid meetings of the
directors may be held outside of the
state, or within the state. elsewhere
than at it's domicile. Citation shall
be served upon the President. or
in the absence or disability of the lat
ter, upon the Nice-President. and in the
absence or disability of the latter upon
the Secretary. and in the absence or dis
ability of the latter upon the Treasurer.
ARTICLE VI.-All the corporate powers
of this corporation shall be vested in and
exercised by a board of directors, three
in number, all Of whom shall be stockhold-
ers TO be elected on the first Monday
of april Of each year. commencing
with the first Monday of April 1921.
with the understanding that the first
Board of Directors selected by the
stockholders. and named in this char
ter. as well as the first set of officers, as
hereinafter named, shall hold office until
tne IlTsl nOHuaN VI April. OF uhlll
their successors have been elected and
have qualified.
After the election Of said BOARD of Di-
rectors. by the holders of stock. as herein
provided. there shall be elected by said
directors from their own number, the of
ficers OF the corporation, which are as
follows: LIST: a President; End: Vice
President: Bird: Secretary and Treas
urer. which last two offices may be com
bind in one person.
The Vice President of this Corporation
shall mt all times enjoy the same rights
and authority in all matters corporate
fairs, as the President thereof; and tn,
acts doings and engagements Of said
Vice President shall have the same weight
and authority. as the President thereof
The first Board of Directors, and the
officers Of this corporation shall he the
following. and which said Board of hi.
rectors and officers shall serve until the
election TO be held on the first Monday
OF April. 1921. or until their successors
are elected, chosen and qualified. The
addresses of said directors and officers
are set opposite their respective names
Frank Langbehn, President 1892 State St.
New Orleans. La; Fritz Langbehn. Vice
President, Hamburg. Germany; F. Milton
Langbehn. Secretary Treasurer. 1892 State
ST., New Orleans, la. The Board of Di-
rectors shall have the right to fill all va
cancies occurring in their number whether
resulting from death, resignation, or other
wise.
ARTICLE VII.-The annual meeting of
the stockholders OF this corporation for
the election of directors shall be held on
the first Monday Of April of each year,
commencing with the first Monday of
al g..