The herald., 1921-10-20
CHARTER.


granted by law of corporations, including
the power to have and enjoy succession
for the full term and period OF ninety
nine years from the date hereof, To con-
tract sue and be sued, TO make and use
a corporate seal. and the same to break
or alter at pleasure; to hold. receive, pur-
chase lease sell aud convey. As vel a.
mortgage, hypothecste and pledge under
its corporate name any property, real,
personal or mixed; to issue bonds. notes
and other obligations or negotiable iuStru-
meuts, to name and appoint such man
ayers and directors. officers, agents aud
other employees as the interest and con
venience of said corporation may require
or demand, 10 make and establish Such
bylaws. rules and regulations for trn
management and control of its business
and affairs as may be deemed necessary
or cNpedicnt. and the same to change or
alter AZ pleasure; and to all acts ana
things necessary and proper to carry out
the objects and purposes of said corpora
ton.
ARTICLE 1.-THE domicila Of said cor
poration shall be At New Orleans, in the
Parish of Orleans, State Of Louisiana. and
all citation and other legal process shall
be served on its President, and in ease
of his absence or disability on the SeCre-
tary Treasurer, and services of process
may be made generally in the manner
provided by law.
ARTICLE nI-Thc object and purpose
/ for which this corporation j. organized.
q
! ricd on BY il are hereby declared to 10
/ to print. publish and sell magazines. pam
1 phlctS or other periodicals. and generally
/ to do everything connected with publish
/ ing business.
ARTICLE lV-The capital stock of said
/ corporation is hereby fixed at the sum of
/ five thousand dollars C$j,OOOOO), all O
| which shall be common stock. The SAID
( stock shall be represented by two hundred
/ shares AT par value Of twenty-five dol
/ lars ($250O) per share. payable in cash
. property, or other services rendered. FIFTY
I per cent tJOIC) of the capital STOCK Shal
! be subscribed for before the filing of these
/ articles of incorporation, and the remain
. der of the capital stock may be issue,
/ by the Board of Directors whenever, il
their judgment, they deem advisable
| When desired. the capital stock may h'
increased To Fifty Thousand Dollars
($J00OO00)
ARTICLE V-The business and affairs
of this corporation shall be managed b!
a Board of Directors elected from thu
stockholders of the corporation of no
less than three or more than nine persons
as determined by the stockholders from
time to time. Should the stakeholder
elect less than nine, the Board of Direc
orS may at any time elect additional di
/ rectorS up to the full number. All vacan
cics in the Board of Directors from whau
ever cause arising shall be filled by tn
remaining directors, and any director ma,
authorize any other director or stOckhold
| at any meeting of the Board of Directors
The officers of the corporation shall b
| a president, ce-preSident and Secrt
tary treasurer, who shall be elected by tn
| Board of Directors Immediately, or a
| soon as possible, after their own election
The annual meeting shall be held on tn
second Tuesday of January of each veal
until which time the board of director
and officers named in this charter Sha
hold office. or until their successors N
elected and qualified. The following Sha
constitute as board of directors:
julius W. Friend, President, 1907 Pa
mer Avenue. New Orleans.
Basil Thompson, Vice President 49,
, Calhoun Street New Orleans.
Gideon T. Stanton, 1914 Jackson Av'
} nue.. New Orleans.
Natalie Scott, 1907 CarOndelet, New o.
leans.
: Albert Goldstein. Secretary Treasure
1890 St Charles Avenue, New Orleans.
: Horace Gumbel. Jr., 1892 CarOndel
= Street, New Orleans.
Sam Gilmore, AIS Audubon Street, Ne
> Orleans
? Paul L. Godchaux. Jr., 1887 JacksC
Avenue. New Orleans.
. Failure TO hold the annual meeting sha
, not invalidate this charter nor shall
impair the same in any respect, but q
r directors shall continue to hold office Il
. til their successors are elected and qua
l fed.
= The Board of Directors may adopt.
| Ter. amend OF repeal SuCn ny -ld"S as l
said board may from time to time dete
i mine not inconsistent with law, or wi
this charter. The Board of Directors m;
9 at any time name and appoint such OF
. GERS, agents and employees as the boa
may deem proper, and may prescribe {
Q duties of all officers and fix their compe
sation.
ARTICLE VI-The act of incorporate
- may be amended, modified or altered.
II said corporation may be dissolved wi
the consent of the stockholders h0ldi
two-thirds OF the capital stock of the GO
. poration at a general melting of the stoC
" holders held for such purpose, after
~ teen days previous notice of such meeti
~ shall have been mailed to such stOckhol
~ ers at their last known pOstoff1ce 8
"a dresses, which notice may be waived
- unanimous consent.
. ARTICLE Vino stakeholder shall
~ held liable for any of the obligations, CT
Oh tracts or debts of this corporation. I
o. shall any informality of the modes
ne this corporation have the effect of rend
OF ing this charter null or expose am sto'
at holder to any liability beyond unpaid b
VS. ance due on the shares of stock owl
y by him.
tie ARTICLE VIII When this cOrpO
RS ton is dissolved. or if for any reason
es affairs shall be liquidated, its affairs sh
ey be liqudated by one or more liGuidat
who shall be elected from among
his stockholders. at a general meeting OF
Ter stockholders convened for such purp
tie Such liquidator or liquidatOrs shall
nd main in the office until the affairs of