The herald. [volume] (New Orleans, La.) 1905-1953, 1921-08-11
CHARTER OF DAVIDSON DENTAL
SUPPLY CO., INC.

UNITED STATES OF AMERICA.
STATE OF LOUISIANA, PARISH OF
ORLEANS, CITY OF NEW ORLEANS
Be it known, That on this 10Th day of
July, in the year of our Lord one thousand
nine hundred and twenty -one, and OF the
Independence of the United States or Amer
lea the one hundred and forty-hfth, before
me. Rudolph ]. Weinmann, notary public,
duly commissioned and qualihed, in ana
for this city and the Parish of Orleans,
therein residing, and in the presence of the
witnesses hereinafter named and under
signed, personally came and appeared tins
parties whose names are hereunto sub
scribed, all of the full age of majority,
who declared that, avatling themselves OF
the provisions of the laws OF this State
relative to corporations, they have coven-
anted and agreed, and do by these present
covenant and agree and bind themselves.
as well as such other persons as may
hereafter become associated with them, to
form and constitute corporation and body
polite in law for the objects and pur-
poses, and under the stipulations articles
and conditions which they hereby adopt as
their charter, as follows, to-wit:
ARTICLE 1.-The name nns title of said
corporation shall be DAVIDSON DENTAL
SUPPLY CO., INC, and its domicile Is
hereby established in the City of New Or
leans. State of Louisiana, and under its
corporate name said corporation shall have
full power and authority to contract. sue
and be sued; to make and use corpor-
ate seal, and the same to break and alter
at pleasure; to hold, receive, lease, pur
chase, improve, ALLEVIATE, convey, sell, Dor
row, pledge. mortgage and hypothecate
under Its corporate name, property, real,
personal and mixed; to name and appoint
such officers, directors, agents and man
ayers or other employees as the interest or
the convenience Of the corporation may re-
quire, to make and establish bylaws rules
and regulations for the proper management
and regulation of its affairs, as may be
deemed necessary and proper, and the
same to change and alter at pleasure: TO
own stock in other corporations and to do
all such other acts and things permitted by
law as shall be or may hereafter be proper
to carry out the objects and purposes Of
said corporation. Said corporation, unless
sooner dissolved In accordance with its
charter, shall exist and continue for a
period of ninety nine years from and after
the date hereof. The president, or in his
absence, the vice-president. shall be the
proper person upon whom citation and all
other legal proceedings shall be served.
ARTICLE 1.-THE objects and purposes
| for which this corporation is organized
| and the nature of the business to be car
| ried on by 1T, are hereby declared to be
| to conduct general dental supply bust
ness at one or more depots, with such
branches as 1t may be determined, and to
| that end to manufacture, buy and sell
anything and everything that may be in
| cident to such business, and generally to
do and perform all such business as may
| tects and purposes herein mentioned, az
| fully as IL set forth herein.
| ARTICLE III-The capital stock Of this
| corporation is hereby fixed at Two hundred
and twenty thousand dollars ($220, 900 0O)
divided into twenty-five hundred shares OF
One hundred dollars (s100.00) each, all OF
which shall be common stock. This stock
| shall be payable in cash, or may be issued
| by the Board of Directors i'm exchange for
things OF value actually received or ser
vices rendered the corporation, payments 70
| be made at such time as to be determined
| by the Board of Directors. This corpora
| ton shall be going concern as soon a,
One hundred and ten thousand Dollars
CSl1oOO0O0) Of the capital stock shall have
been subscribed for. The capital stock OF
| this corporation may be increased TO Fiv,
| hundred thousand dollars $500 600 OO). Al
| transfers Of stock of this corporation shall
De entered upon the stock books Of tn,
company, and no transfer Of stock shall bS
In any manner binding upon this corpora.
| ton until so recorded in its stock book
No stakeholder shall have the right Il
sell his stock on the market without having
| onered 1t, in writing, at its book value tC
the directors of this corporation, twenty
| t2UD days previous TO the contemplated SALE
| OF the said stock; and IL the directors OF
| this corporation, when said stock is offered
| to them at its book value, desire to buy IL
purchase shall be made on behalf OF tbs
| corporation. and the stock shall then and
! of as the Board of Directors Of this cor
poration shall determine. A notice Of the
| obligation so to offer the stock to tn,
corporation shall be printed across the face
| or each certificate of stock.
The Board Of Directors Of this CORPORA
| ton Is authorized to purchase and acquire
| for cash from III. G. Davidson the stock OF
goods, open accounts. contracts and good
Will OF the dental supply business pres
emily carried on by III. c. Davidson. with
| headquarters in the Maison Blanche Build
ing, New Orleans, Louisiana, and with d
branch at Shreveport, Louisiana at a valu,
| to be fixed by the Board Of Directors OF
| this corporation, ali as the same is de
scibed as per the inventories and trial bal
ance OF May 81, 1927. the net worth of SAID
business exclusive of any special allow
| snce for value for good will, being fixed
by the said III. G. Davidson at Two hun.
dred and twenty thousand two hundred
and fifty-fye and 50 El00ths dollars
500. $3.50.
ARTICLE Iv-All of the corporate pow.
ers Of this corporation shall be vested In
and exercised by board of five 90 direc.
tors, composed of stockholders Of the cor.
poration, three (3) Of whom shall constitute
q quorum for the transaction of business
and their decisions shall be valid corporal,
acts The officers nj "a IA caruOraffau shal