The herald., 1920-08-12
CHARTER.

in any other business germane or Incl
dental thereto, that is lawful or permissible
under the laws of this State.
ARTICLE III-The amount OF the capt.
tai stock of this Corporation is hereby
fixed at the sum of forty thousand (S4O-
000J dollars, all common stock, Whlch cap
ital stock may be increased to the sum OF
one hundred thousand SlOO,OOO) dollars.
Said capital stock shall be divided INTO
four thousand $4,000 shares OF the par
value of ten ($l0) dollars each, and the
stock shall be paid when subscribed Tor,
or may be issued in whole or in part at
not less than par for property actually
purchased and received by the Corporation.
No fractional shares shall ever be issued.
ARTICLE IV.-The location of the dOml-
cile of this Corporation shall be in the
City Of New Orleans, State OF Louisiana
and service of citation or of all legal pro
cesscs shall be made upon the PTeSldeht
of this Corporation. or in case of his alb
sence or inability to act, on the Nlce-irtS-
ident, Secretary Treasurer, in the order
named. Said Corporation shall have ana
enjoy succession by its. corporate name Tor
a period of ninety nine years from date OF
ARTICLE V-The business and affairs
of this Corporation shall he conducted by;
and all the corporate powers vested IN, ana
exercised by Board of Directors com
posed of five stockholders to be elected by
the stockholders annually by ballot, on the
second Monday of the month OF NoH"m-
| or any subsequent date announced by th'
| Board of Directors, in case no election
| shall take place on said date, after 1ltteei
DAYS notice which shall be given TO e~l
| stakeholder by written notice mailed tC
| each stakeholder at his last known posi-
| office address: and said election shah b'
| held at the office of the Corporation uh
der the supervision of two COMMISSIONERS
appointed by the Board of Directors a
| said election each stockholders shall De en-
titled to east his vote as specified III See
ton IL of Act 261 of the General Assem-
bIy of the state of Louisiana Tor the yea
1914 or amendments thereto. The st"' X
holders receiving a majority OF the vote
east shall be declared elected. Tn" BOar'
of Directors so elected shall immedlatel.
thereafter proceed to elect one OF It's mem
lberS to be President, one to be NlCe-frtSl
dent one to be Secretary Treasurer OF IN
Corporation. andl they shall serve UNI
their successors are elected and quahtled
| ARTICI f VI.-The first Board of lirec
tors shall be composed Of the 1oIloWlh
s. ]. Iassicot, ga Grand Route st. JOIN
r. 5. Miller $500 st. Philip St, Ne'
4. 4. Massicot, 566S Ada Place. Ne'
a. j. Brandin. 2O3s EIysian Fields st
w w. II. Boreguard, 1903 Short St. Ne
, Orleans.
l. Nassicot shall be President.
, r y Miller shall be Nice-PrcSident.
A 4 Massicot shall be Secretary an
Treasurer. 49,. 800,
Monday of November, 49,. or until the
successors are elected and qualified. IN
: vacancy in the officers or Board al l,lr"
i tors shall he filled by the remalhli
ARTICLE VII.-Stockholders' nIeetin.
: or other meetings for the election OF u
- rectorS may be held as prescribed by -
: tion 10 of Act 26I of the General ASSemh
of the State of Louisiana for the year l9l
l. or any amendments thereto
ARTICLE VIII.-This Corporation M
the Officers and directors thereon shi
, lhaye all the rights and powers, ana III
ICorpOration may be amended or dl>Soi\,
- or its affairs liquidated. as provided
the provisions of Act 26i OF the Gthtr
n Assembly of the state OF LOUISIANA ,h ior
wear 1914. or any amendments thereto.
j. ARTICLE lN.-NO stOckholdtr snaI ~
!, be held liable or responsible TOT the GO
4 tracts or faults Of this Corporation IN a.
m further sum than the unpaid balance on I
-. stock for which he has subscribed, u
shall any mere informality in its organic
g. ton have the effect of rendering inns 'h'
l. ter null or exposing stockholdtr 10 Il
liability other than as herein PROVIDED.
r stakeholder in this Corporation shall
a all or any part of his stock without III
III giving fifteen days notice TO tne 1urPoI
il ton of his desire to sell. rms IOrP0l
ne tion upon receiving such notice Shall All,
a the other stockholders, after nOtlce man
an 70 them TO each last known address,
or purchase Sueh stock in proportion 10 IN
n rpSprctive holdings of stock in the
he norotiou and such other stockholders Sh
he have fifteen days from the date su'n WI
ten notice is given to the corporation
On nurchaSe said stock ut the then book Va
Ce of same. e, ,.
g ARTICLE 10-The subscribers hereul
have respectfully written opposite IN
r. names the amount of stock in TINS corp
Dy alton subscribed for by each OF them'
a that this Act of Incorporation may a
ch serve as the original subscription list
he the Corporation. fiji.
Thus done and signed. at my Office
all the City of New Orleans, on the day mo-
Is and wear first above written, in the pi
I'm euce of W. CateSby Jones ana JOhh
n baldwin, competent witnesses. residing
m. this parish, who have signed these presel
he together with said appearerS and me-
e tary. after due reading of the whole
lty (Signatures Omitted.)
hi; Witnesses: ,,
to GUSTAVE J. RICAU,
be Notary Publi
lie the undersigned Recorder of Nj
he cages in and for the Parish of Orle;
mt. State of Louisiana. do hereby certify
to the above and foregoing Act of lncorpt
a. tion of the Commercial Stationery Co..
to corporated. was this day duly recorded
III nv office in Book 1912, folio d.. :
aid Orleans, June Goth, 1920. =,
EMILE J. LEONARD, ID.
etc true copy. 1900, ,,,, MICA,
cir GUSTANE j. RIGA
by JuIy l5-Aug. 10.