The herald., 1921-08-18
CHARTER OF THE PAUL MORPHY
BOOKSHOP, INC.

UNITED STATES Ot AMEhlSA,
STATE OF LOUISIANA, PARISH Oh
ORLEANS, CITY OF NEW ORLEANS
BE it known, That on this the twentieth
day of the month Of July, In the year OF
our Lord one thousand nine hundred ana
twenty one, and of the Independence OF the
United States of America the one hun
dredth and forty sixth, before me, Joseph
Sinai "a notary public, duly commissioned
and qualified, in and for the Parish OF
Orleans, therein residing, and in the pres
ence OF the witnesses hereinafter named
and undersigned, personally came and ap-
peared the several persons whose names
are hereto subscribed, who declared that.
availing themselves of the provisions Of the
laws OF the State of Louisiana relative to
the organization and formation of corpora
tions, and more particularly Of Act No. 261
of the General Assembly of the State Of
| Louisiana, for the year 1914, they have
-U,enanted and agreed, and they do by
| these presents covenant and agree, bind
and obligate themselves, as well as such
otner persons as may hereafter become as
sociated with them, to form and constitute
the objects and purposes and under the
agreements, conditions and stipulations
hereinafter set forth. to-wit:
| ARTICLE 1.-The name and style Of this
corporation is hereby declared to be the
| PAUL MORPHY BOOKSH0P, INC, and
under such name and title it shall have
and enjoy succession and existence for a
! period of ninety nine years from date
hereof 1t shall have the power and au-
| thority to contract, sue and be sued, and
| same to break and alter at pleasure to
| hold, purchase, lease. sell, mortgage,
hypOthecate and pledge property, real and
personal, and mixed, and hold stock in
other company or companies that may as
| sist this company in its objects and pur-
poses; to make and issue bonds. notes,
certificates of indebtedness, and If desired,
to secure the same by mortgage, pledge, OF
in any other manner; to name, elect, and
| appoint managers, directors and clerks or
other employees, and to make and estab-
lish such bylaws, rules and regulations
as may be found necessary or desirable
for the management Of the business and
affairs of the corporation, and generally
to do all, every and any other act, matter,
and thing necessary for the complete and
proper carrying out Of its business.
ARTICLE 1.-THE domicile of this cor.
poration shall be in the City Of New Or
ton and other legal processes shall be
served on the President. or, in his absence
upon the Secretary of the corporation.
ARTICLE III-The objects and purposes
for which this corporation is organized, and
the nature of the business to be carried on
by 1t, are hereby declared to be: To carry
on the business of booksellers, stationers.
bookbinders. engravers, electrotypers and
ithographers, and to purchase, sell and
deal in such goods and merchandise al
are or may be sold in a general store, and
generally to do any and all things and
matters necessary, convenient and desir
able in the furtherance Of the above objects
and purposes.
ARTICLE Iv-The capital stock of thi.
, corporation shall be Five Thousand Dollar.
lSJOOO0O, divided into and represented BY
-Four hundred and eighty (4S0) shares O.
the par value of Ten $1,000 Dollars each
and Twenty COD Shares of the par valu,
of Five $500 Dollars each.
The capital stock Of this CORPORATION Il
{ to be represented by preferred and com
mon stock; ninety-eight per cent $780,
or -Four thousand nine hundred dollars
being the four hundred and ninety share
Of the par value Of Ten Dollars each is I,
!. be preferred stock; and Two per cent (2cL)
or One hundred dollars, being the twent,
I shares OF the par value of Five dollar
each Is to be common stock.
e The holders of the preferred stock shaI
3 be entitled to receive when and as declared
: from the surplus or net profits of the cor
Q poration, yearly non-cumulatiye dividend
Q at the rate Of ten per centum per annum
J and no more, payable as the Board of Di
rectors may determine. All remaining sur
plus or net profits Of such year, beginnin,
: January list, 1923. and Of any other fisca
D year, shall be applicable to dividends upoI
the common stock, and payable as tn
. Board OF Directors may determine. In tn,
event Of any liquidation or dissolution, O.
!, winding mp (whether voluntary or inyolun