The herald. [volume] (New Orleans, La.) 1905-1953, 1921-11-17
CHARTER.

els L. burns, notary publc IN anu i"I
the Parish of Orleans, State OF Louisiana,
duly commissioned and qualified, and in
the presence Of the undersigned witnesses,
personally came and appeared. the several
persons whose names are hereinafter sub
Scrihed of the full age of majority, who
declared 10 me that availing themselves Of
the laws of this state relative to the or
ganization Of corporations, and more IS
pecially of Act 261 Of 1914 page 81. OF the
legislative acts of this state. they have
covpnated and agreed. and by these pres
ents do covenant and agree for themselves
and their successors and assigns, TO form
themselves into corporation and body
polite for the objects and purposes and
under the stipulatiOnS hereinafter set
forth. to-wit:
ARTICLE l. The name and title OF this
corporation shall be Southern Typewriter
and Supply Company. Incorporated and
under such title il shall have and enjoy
succession for n period OF ninety nine
wears from date hereof. and shall have
power and authority to contract, sue and
be sued. make and use corporate seal.
the same to break and alter at pleasure;
to hold. sell. lease. mortgage. hypothecate
or pledge property. real, personal or mixed.
necessary, incidental or proper for the
carrying on Of its business; to buy and
to hold stock in any other company or
companies that may assist this company
in its objects and purposes: TO make aud
issue notes and certificates of indebted
ness: to name, elect and appoint mana
gers. directors and clerks or other en-
pl0yees to properly conduct its corporate
business and TO make such by laws. rules
and regulations as may be found neccs-
sary or desirable for the management and
| business affairs Of this corporation.
ARTICLE II The domicile of this cor
noration shall he in the City of New Or
| leans State Of Louisiana. where all cita-
| tion and other legal process shall he
| served upon the president, or in the alb
| sence Of the president. upon the vice
| president. or in the absence Of both. upon
| the secretary.
| ARTICLE III The objects and pur-
poses Of this corporation are hereby de-
| clared and stated to be:
| To manufacture. purchase own. exploit.
| work. repair. rent and sell typewriterS
| and adding machines patented or other
wise new and secondhand: Typewriter
| supplies. ink. stationery. and ofiCe fur
! niture and equipment and speciality ma
| chimes: and to purchase. own and sell
inventions or letters patent or improve
ments thereon, for such typewriters: and
| to huv. own. use and sell all kinds ot
! inventions. whether patented or not, IN
anv manner relating to typewriters and
adding machines: and to grant rights. OF
| licenses under such letters patent inven'
lions or improvements; and 10 huy. own
| use and sell all kinds Of inventions. what.
ever thereon for the purposes above stated
and also for the purposes hcreinbefor,
mentioned. TO issue bonds secured by
mortgage or mortgages upon the property
and franchises of the said company and e
soil the same: and also TO do any act al
acts necessary for the carrying on Of sucl
business.
ARTICLE " The capital stock Of thi
corporation Is hereby fixed at the sum o
Five Thousand Dollars (S5,Oo0.OOl, divided
into one hundred shares 900 OF the pa
value Of Fifty Dollars (s50.O0l each. pro
vided that the amount to which the cant
tai stock Of this corporation NAV he in
; creased shall he one hundred Thousand
dollars s1O0.OoO).
Fifty per cent Of the capital stock o
this corporation must he subscribed 70
before the fling OF the articles Of incOr
poration. The subscribed capital stoc
Of this corporation shall he payable u
= cash. property. real or personal, or 70
/ services performed or rendered.
r No stakeholder shall ever he held liahl
e or responsible for the faults. contracts q
debts Of this corporation in any furthe
e sum than the unDaid balance due the cor
/, poratiOn on the shares Of stock subscribe
e for by him. nor shall any mere informal
ity in the organization have the effect {
t rendering this charter null or of eXposin
, any shareholder to any liability whatsC
: ever.
: This corporation shall not engage
; business until Twenty-Five Hundred 10
. lars H25O00O Of the capital stock HI
been issued and actually paid in. cithf
in cash, property or services as aforesaid
y | II any of the stock of this corporation
r exchanged In whole or in part for pro-
: ertv or good will. in that event the pr'
!. | visions Of Section III (3l Of Act H61
d 1914 shall he strictly complied with.
ARTICLE V. All the corporate nowe
y OF this CORPORATION shall he vested In M
4 exercised by a board of directors cor
posed of three stockholders. each Of who
!, shall own. In his own right. during h
II term Of office. at least one full-paid an
: IMPLIED god share of the capital stoC
y which shall he shown nv his written d
claration. two (2) Of whom shall const
e tute quorum for the transaction NJ hu
q mess provided that the board Of directo
shall have the right at any time to II
n crease the number of directors to not mo
II than FIVE (5l. ANY director unable TO a
h tend q meeting Of the hoard may appoi
is proxy for that purpose, who must
sc n stockhOlder.
a The officers Of this corporation sha
:, consist of president. vice-nresident SO
e rotary and treasurer. all Of whom shf
, he members Of the board Of directors: NJ
two offices. but no more. may be con
e hined IL desired and held by one and u
=, same person.
- The following named persons shall 60
= stitute the first hoard Of directors of III
corporation. to-wit:
s. Arthur =. Portas. Pass Christian. Miss
r st. Clair Adams. 4G26 st. Charles Avenr
" New Orleans. La: J. r. Schroth, 81 ste
ne | henSOn street. shreveport. Id. WIN .,
of thur T. PortaS. as president and trea
e, urer: 7 T. Schroth. as vice-presidNnt. nj
az St Clair Adams. as secretary. and IN"
M officers shall serve until the second Mo
n. day in October. in the wear 1922. or I'M
O. their successors have been duly elect
Or and qualified.
ne Thereafter the directors shall he elect
s. Annually on the second Monday Of Octoh
a. Of each wear. beginning with the year 1o2
pn all election Of directors shall he made
o. ballot and each stakeholder shall he .
20 titled to one vote for each share Of sto
rs standing in his name on the books Of I
SO CORPORATION. this vote to he cast In pers
I'd or nv PROXY. and Il shall require m
10 ioritv Of the stock present or represent
nd TO elect.
RS Failure to elect board OF directors
" the second Monday in October. 1922.
IL annually thereafter. shall not work II
I'D fixture OF this charter hut the old boa
nc of directors shall remain In office nm
.ir their successors are elected and qualif'
ARTICLE VI. The hoard Of directC
H. | shall hold regular meetings at such tin
OF as shall he fixed in the bylaws OF q
NV CORPORATION. These meetings shall he III
90 at the domicile Of the corporation. 7
&c the president NAV call special meetin
,s | of the board Of directors at such tin
80 and places within the State Of Louisia
Ss as he may deem advisable. and he sh
81 he required TO call such special meetir
&c, whenever requested TO do so by tn
an members Of the board Of directors. TIL
Oh DAYS notice Of such special meetings sh
ay he given in writing to the directors uni
rs waiver Of notice Is signed by the dire
All ors ANY vacancy occurring on the boa
nd either from death. resignation. or inat