The herald., 1921-12-29
CHARTER.

| may be authorized to engage, or the own
/ ership of whose securities would De al
| vantageouS or convenient IN Inc prO'eC
ton or promotion of any OF the PURPOSE
| or interests of this corporation. but only
| to the extent authorized by the laws ol
I the State of Louisiana.
Third-To sue and be sued, to CONTRACT
/ sell purchase, lease, mortgage, piruS'
real and personal property, ana 10 carr!
! out all or any part of the foregoing Cd
| ircts as principal factor, agent cOhtrac
! tor or otherwise, either alone or III con
! junction with any person, firm, assocld-
! ton or corporation, and in any part oil
/ the world: and i'll carrying on It's buSI
/ ness and for the purpose OF dttaihih-
/ or furthering any of its objects, 10 llaht
/ and perform such contracts OF any hlhd
/ and description: to do such acts ana
/ things. and to exercise any and all pow
/ crs rs a natural person would Il"iuHy
/ MAKE. perform, do or exercise, elJhtr
| directly connected with the purpose OF
/ its organization or incidental thereto
provided the same be not Inconsistent
with the laws under which this corpora
ton il organized, or which may b" mere
after enacted.
ARTICLE III-Thp capital stock of
this corporation is hereby fixed At the
sum OF Ten Thousand Dollars ($lOOOO.Vo)
/ 10 be represented by one Hundred tlOOJ
shares of the par value of one Hundred
Dollars (SlOOO0l each. All the stock shall
he common stock. Stock shall be issued
either in cash or the equivalent thereof,
aud snail be paid for III Such times and
in such manner as the Board OF Ihre'-
tors may direct
ARTICLE IN-The capital stock OF tins
corporation may be increased in accord
ance with law to the sum of Twenty
Thousand Dollars S2cOOo00). Each
stakeholder shall at every stockholders
meeting. be entitled to one vote. in person
or by written proxy. for each share of
the capital stock held by him. or he
may send his vote by letter. the. sig
nature of which must be acknowledged
before a Notary Public or other officer
authorized to take affidayits
No stakeholder shall sell his stock to
anyone without first Offering IT TO tfr
board which il given the right To pur-
chase il at the value thereof as shown
on the books at the end of any fiscal
year of the corporation preceding the
date of its offer. The board shall within
ten days after the offer in writing Is
submitted to If, act upon the offer. 1t
may buy stock for the corporation. or it
may allot il to the stockholders in the
proportion of their then holdings.
ARTICLE V-The location of the dom
irie of this corporation shall he the City
Of New Orleans, State Of Louisiana. Cita-
ton of all legal process and other legal
dent. and in the absence Of the president,
on the vice president
ARTICLE VI-The period of duration
Of this corporation shall be ninety nine
500 years.
ARTICLE VII-An the corporate power
If the corporation shall be vested in
Board of Directors to consist of at least
three 49, and not more than hve 90 mem
beers. TO be- elected annually at a meeting
Of the stockholders held on the first
Monday in December. But if the first
Monday should fall on a holiday, then
on the next following business day
Three or more members of the Board of
Directors shall constitute a quorum. and
shall be authorized to transact business.
The Board of Directors shall have the
right and the power. as il sees fit in its
discretion. to increase the number of
directors at meeting Of the stockhOld-
regularly and lawfully called for that
purpose. Failure 10 elect shall nor work
a dissolution Of the corporation. but the
existing directors shall continue in office
with full power until their successors arc
elected.
The names ana postofice addresses of
the directors for the first year. who shall
serve from January ], 1922. 10 January
!. 1923 are as follows:
\. II. Rabenowitz. 26O5 Milan Street.
New Orleans. La
+. b. Ferguson. 10 y. Miro Street New
Orleans La.
p. Fl. Ferguson, 100 " Miro Street. New
Orleans, La.
ARTICLE ElIl-Thr names and post
Office addresses of the subscribers 10
these articles of incorporation. and
statement Of the number of shares Of
stock TO which each has subscribed. are
follows
\. II. Rabenowitz 1905 Milan Street.
New Orleans, La, fortv-ive l45l shares.
F.. r. Ferguson. 10 y. Miro Street New
Orleans. La, twenty-five (25) shares.
p. III. Ferguson. 100 y. Miro Street New
Orleans. La, one ID share.
Thus done and passed in my office in
the City Of New Orleans. State of Lou
isiana. on the day and date hereinabOye
written. and in the presence of Messrs
Harry Gamble and Will Gibbons McEner-
ny. competent witnesses. who have signed
these presents with the said appearers
and me. notary. after due reading of the
whole 49,.
ORIGINALLY SIGNED:
4. III. RABENOwITZ