The herald., 1921-06-16
CHARTER.
- ar INCORPORATION OF MERKL
PAINT AND SUPPLY co" INC
NAY 10, 1921

NAY 10, 1921
United STATES OF AME En- 9pI 81 Eh AZ E
NJ LOUISIANA, PAKiSSric VI n. - Known
iii VI - Ioth day of the month OF May
tnai On al our Lord, one thousand, nine
70 tne - tventy-one, before me, Walter
nuh M,;a !. notary public, in and Tor me
O. D..;as ~ Orleans, State OF LOUISIANA auiS
..a..rrissioned and qualified. ana III ule PJ
~. Al the witnesses hereinafter haIlSu any
esI...;snrd personally came and appeared'
nnoeis ,yhose names are hereunto SUD
IJ Who seyerally declared tsat, aVaiI-
- themselves of rhe provisions OF thG Jaws
Ia STATE of Louisiana, relative 10 the Va
s..;-.ton of corporations, they nave Gov
ssn-ntrd and agreed, and bind themselves,
- we'll as such other persons VINO "idy
..,f,., become associated with them, OF
49, Successors, 10 form and constitute
.osaa,at;on and body polite in law, tor the
49, ard PURPOSES, and under the agree
-ents and etipulations following. to-wit:
,pTrcI,E 1.-The name, style and title
=, Mis- forporation shall be: Nerkl PAINT
"a sunnIy Co. Inc, and under that cor
nsrate name 1t shall have ana ENJOY al
a. rights and privileges granted by lay
10 corporations; II shall exist lor q Pel tH
A uinety-nine years from and after the
date hereof.
ARTICLE 1.-THE domicile Of said cor
marathon shall be In the City of New Or
ssus- Parish of Orleans, State OF Loulsl-
ana. and all citations and other legal pro-
cess shall be served upon the fresluent
az the said corporation, and, in case Oh MS
sbsence. upon the. Vice President, and, In
he case Of the absence of both OF THESE
/, officers. upon the secretary thereoi'
ARTICLE III.-To manufacture, BUY,
obtain. trade and sell, as wholesalers OF
retailers, or both, paints, oils, stains, var,
nishes glass, paint brushes, roofing ana
roofing materials hardware and hardware
mpplies ETC.; to acquire fOrmulae Tor the
manufacture Of paints, oils, Narnlshes'
stains and the component parts ana IN
gradients that 60 in their making; and TO
engage generally in the operation or q
1 paint, glass, roofing and hardware store,
and all that may be incidental thereto,
and buy and sell such articles as may
be Incidental to, or carried in stock. or
used In connection with the operation OF
paint, glass, roofing and hardware store.
And In general do anything in further
snce Of said objects and purposes.
ARTICLE Iv.-The capital stock Of this
cooperation is hereby fixed at the sum OF
Ten Thousand Dollars (SlO,OOOO0) divided
Into one thousand shares of the par value
Of Ten Dollars $1,000 each; each share
to be paid for In such manner as the Board
Of Directors may determine. The amount
the capital stock of this corporation
nay be increased to Thirty Thousand Dol
hrs tS30000) and the said corporation
shall be authorized to begin business and
mall be going concern when fifty pei
eent Of Ms capital stock shall have been
moscribed, and fifty per Gent. of all stock
subscribed shall have been paid in.
All sales and other transfers of any Of
ne stock OF this corporation shall be void
uniess said stock shall have been pre-
ueusly offered to the then existing stock
holders, through the Board of Directors
q stipulated price, and II the Board
toF t1f said stockholders. does not see fl
ptfehase said stock, then II shall no
y sold at less price, or upon more fav
1oe Terms, without likewise offering i
ne Board at such price, and upon saiC
UfmS In case of sale or transfer o
Heck,. ~ the Issue of the increased capita
eek, me then holders of stock of tn
npany shall have the right to purchas
~ stock In the ratio of their holding
aock OF the company. No sale or trans
o. stock shall be binding upon tn
sPorston unless made upon its books
- n!o transfer shall be made only upol
II enoer or proof Of loss or destruction
me outstanding certificate.
4kIicLE Vail the corporate power
.s suthority Of this corporation shall b.
$500 1 and exercised by a Board of Di
1917 1917 composed Of not less than tire
rsS.hoioers, 10 be elected annually by
k-1S general meeting of the stock
u ~. on the second Monday In Juns
Ssn year. No failure to elect Director
sks.sce regarded as a forfeiture Of thi
~ ~ any vacancy occurring in and OF
seara shall be filled by the remaining
Rs.ss Ior the unexpired term. Sal
i. OF Directors shall at the first meet
~ N
lumber a President, a Vice President
- - and Treasurer. and the mem
~ saio Board of Directors shall hay
= ana authority to combine on
of the above offices in one person
LYLE VINO stakeholder shall ev
49, nela liable or responsible for tn
nfr@ uults or debts of said corpor
Gis,s. ny further sum than the unpai
49, due to the CORPORATION on RI
- q stock owned by him. nor shal
- sss informality in organization hay
q - rendering this charter null
NM SRoslng q stakeholder to any liza
sono the amount Of his stock.
Is s.LE yII.-Tne following person
a. pry Nominated and constituted tn
nes.S ~ 81 directors to serve until tn
a. .-onoay In June, 1922, or unit
~ e.Ssssors shall have been electe
~ White Street; John w Baper
= nseiles Street; Morris L. Lagard,
L1S,,Ss..- nfoad Street; ali of New Orlean,
III - until which time the foliowin
~ tae officers of this corporatior
o1co,s, sshn MerkI, Jr. President an
hes;ss.tA Anager; John W. Bagert. vice
M G.c.sne treasurer; Morris L. Ii
49,, 5sons whose names are hereunt
1rsSess are hereby declared To be m
Nm ~ert Of this Corporation an
~ ss2ssetively written opposite the
Nkos,,sse addresses the amount of stoc
~ - TOT By each of them. so tbs
epi6' ssnsinal subscription list TO n
IN S eck Of this corporation.
oIN sene and passed. in INV Notari,
~ ne City Of New Orleans. afors
~ ~ ae presence of Frank r Ecbs
ykSs>s Theodore A. BECK. comneter
Is Csss q lawful age and residing sJps'ei
- Eho hereunto subscribe the
- ssessher with the said aDnes sre,
~ He<ary. on the day and date q
Z. (. Vl{ Ae whole. "i'e' W
s. ~ =. A. Beck, Frank T. Ech,
sz3srs: John Merk, r. ,n,o /,
I'D shares. John NJ pa1ar