The herald., 1921-10-27
CHARTER OF II. w. KANE CO. INC.

| CHARTER OF ii. w. KANE / CO, INC.
! United States Of America. State of Louis.
| lana. Parish Of Orleans, city OF New Or
| leans, Be it known. that on this 2lst day
| of the month of September, in the year OF
| our Lord one thousand, nine hundred and
| twenty one. and Of the Independence OF the
| | nited States of America, the one hundred
| and forty fifth: before me, William John
! HenneSsey, a notary public, duly commits
| stoned and qualified. III and for the Parish
| of Orleans, State of Louisiana, therein
residing, and in the presence OF the VII
nesSes hereinafter named and undersigned,
| representing Felix Joseph PUG, a notary
public for the Parish OF Orleans. now alb
sent on leave, as per Executive author
| ity, dated August =. 1921, annexed 10
an act passed in this Office on August 10
| 1921. Personally came and appeared,
| Herbert W Kane of the fun age Of ma
jority and a resident Of this city, who
agrees to subscribe to ninety-eiEht HSl
shares OF stock of this corporation, and
whose pOStoffice address is 3d. Charities
street, New Orleans, La, ami,
Mrs. Ruth V. Kane. also of the fun age
Of majority and a resident of this city,
who agrees to subscribe 10 forty t4dl
shares Of stock in this corporation. and
whose postonice address is 564t Hawthorne
Avenue, New Orleans, La, and,
Mrs. Mary King Kane, also Of the full
, age of majority and resident OF TINS
city, who agrees to subscribe to one I'D
share OF stock in this corporation, and
! whose pOStoffiCe address is JGUJ law
thorne Avenue, New Orleans, La. and.
Robert T. Pender. also of the full age of
majority and resident of this city, who
agrees to subscribe to one % share Of
. stock in this corporation, and whose post
Office address is 43l CaroHdrlet street,
r New Orleans, La. who seyerally did de
clare that aYailiug themselves Of the pro
, visions of the constitution and laws Of
the State of Louisiana relative 10 the or
'. ganization of corporations they have con
! traCted together and agreed ana do DE
Y | these presents contract ana agree ana bihd
and oblig.lte themselves as well as such
| persons rs may hereafter become aSSociat-
= ed with them, 10 form and constitute a
corporation and body polite i'll law Tor
s | the objects and purposes and under the
| following agreements and conditions, to-
I wit:
ARTICLE 1.-The name OF this corpora
!, ton shall be II. ". Kane X Co, lnc' and
under this name il shall have power ana
v authority of u body corporate and shall
continue for a period of ninety nine 500
y years from the date hereof, and shall have
and exercise for the purposes OF the buSi
J. ness to be carried on by 1t, all the powers
| conferred by the laws of the state OF
/ | Louisiana, and especially by Act No. 26i
of the General Assembly of the State OF
, | Louisiana of 1914. and the amendment
N thereto, upon similar corporations, includ'
- ing the power to make and use corporate
| seal If il may deem fit to do so, and the
T. same to break or alter at pleasure.
- ARTICLE 1.-THE domicile OF this cor
% poration shall be in the City of New Or
leans, State of Louisiana, and citation and
L all legal process shall be served upon tht
president of the corporation, and in hi;
D absence or inability to act upon the vice
\. president, and in his absence or inability
~ to act, upon the secretary of the corpora
n ton.
ARTICLE III-The objects and pur
a poses for which this corporation is or
ganiZed and the general nature of TIT
I, business to be conducted by II, are here
by declared to be to own, operate or con
Z duct a store or stores for the sale OF al
kinds of general merchandise, includins
% all kinds of machinery, engines, boats
fittings, tools, engine and machine sup
n plies, electrical and automobile supphe
] and equipment, marine supplies. sporting
" goods tobacco, leather goods and hides
| paints and varnishes, and all kinds o
20 hardware; and to conduct general I'm
porting and exporting and ship chandler!
Il | business; and to own, operate or conduc
general machine, electrical, welding, black
T. smith and pattern making, shops
foundries, shipyards and ship-ways, 10
OF the construction, repair and fitting, @
all kinds OF instruments, appliances, ma
90 chinery, engines, marine engines, boat
and vessels; to own, operate and tow a.
80 kinds of vessels and boats, and to eoI
struct, build, purchase, acquire, owl
It. operate, mortgage, pledge, lease, sell, cor
vey, or otherwise dispose of, any and a
F. houses. buildings and equipment and ref
and personal property of every kind an
~ description whatsoever, as may be nece'
sary and proper for the accomplishment
D. of any of the purposes set forth hereiI
IS and generally to do any and all thing
et that may be incidental or suitable to Q
necessary for, the attainment of any
en- Mhe above described objects or purpose
or the exercise of any Of the powers col
e. ferred upon this corporation by this char
ter or by the laws of this or other state
90 ARTICLE Iv-The authorized capit'
stock of this corporation Is hereby hxe
ct, at the sum of fourteen thousand dollar
1914. OO0O0), divided into and representa-
20 by one hundred and forty shares Q4Ol {
the par value Of one hundred dollar
. (slOOOO) each, and shall be paid for
N cash or may be issued at par in paymer
III for property actually purchased by. q
N services rendered to, the corporation,
III such times, and In such installments q
the board Of directors may direct.
V The amount to which the capital stoc
o. of this corporation may be increased
hereby fixed at the sum OF fifty thousan
~ dollars ($5O,00O.OO), divided into and n
presented by five hundred $500 shares {
at the par value of one hundred dollar
(S1OOOO) each, and said stock, or any pal
10 thereof, may be issued on complying wit
the requisites of the law, and said stoc
10 so issued may be paid for in cash. or ma
be issued at par In payment for propert
actually purchased by: or for service
Of rendered to, this corporation, at sue
times and in such installments as III
90 board of directors may direct.
ARTICLE V-An the powers of TIL
ty corporation shall be vested in and e,
ercised by board of directors to be CON
ct. posed of four stockholders, to be electe
Annually on the first Monday of May {
ct, each year, and a majority OF whom sha
CONSTITUTE a quorum for the transaction {
nd all business and a majority Of votes cal
shall decide all questions; all such ele'
. tions shall be conducted at the Office
this corporation under the supervision
D three commissioners to be appointed
the president. Notice of such election an
ne, of all other meetings Of stockholde
whatsoever, unless waived in writing. sha
Az be given personally or by depositing
the United States POstOffice In New %
Al leans. at least fifteen days before sue
meeting, a notice of the holding thereo
ne. nclosed in a postpaid wrapper, address,
to each stakeholder at the last adore
w. furnished to this corporation ny sa
stockholders, and In the event that no a.
ct dress is furnished, then addressed Gen
raj Delivery, New Orleans. At least ~
ct DAYS before said meeting, a complete ii
Of the stockholders entitled to vote shs
arr be open to inspection by the stockholde
at the place of said meeting. At sa
Inc election. and at all other meetings
stockholders, the voting shall be by ball'
av- and each stakeholder shall be entitled
one vote for each share Of stock standii
~ in his own name on the books OF the col
pany, to be cast in person or by proxy.
1" Fifty per centum of the outstandii
- | capital stock Of this corporation shi
Ia1u tfutn NJ