The herald., 1921-07-28
QUARTER OF DAyIDsON DENTAL
SUPPLY CO., INC.

OKLEANo, THAT on this 18th day of |
JuIy i'm the year of our Lord ohe 70 49,, |
nine hundred and twenty, ohe' anu an -
Indenendence of the United States oi ~ ~, |
i H. ono hundred and forty NTH D'IoTo
mo Rudolph J. Welnmann, hotaIS ~ and
duly commissioned and quanheu' III anu
for this city and the farls sin' % If tbt
Herein residing, and in the pres'hCe Vi Iut
;,nassess hereinafter named anu uhurI
SIGNED personally came ana aPpeal'u ~
nnrties whose names are hereuH'o -.
scribed, all of the fnli age oi ~ -
Who declared that. availing thruseNts "I
,ha nroyisious of the laws OF TINS SldI'
relative to corporations; they nav ,o',n
nntpd and agreed, and do by th'Se Pl'Fs,"'
covenant and agree and blnd thelhSeN's,
oS ,yeI ms such other persons As may
hereafter become associated with them 10
form and constitute a corporation anu pou!
poluic in law for the OpgectS anu PIi
noses. and under the stipulatlonS' artlChs
and conditions which they hereby adopt a.
their charter, as follows, to-wit;
ARTICLE 1.-The name and title OF Sald
cornoration shall be DAVIDSON DENlAL
SUPPLY co, INC, and MS doI H.'.il ID
hereby established in the City OF New Or
leans State of Louisiana, ana under us
corporate name said corporation shall nave
fuIi power and authority TO contract, sue
and he sued: to make and use corpor'
ata seoI and the same to break and alter
| ar Measure: to hold receive, lease, puf-
| chase improve, ALLEVIATE, convey, sell Dor
! row pledge. mortgage ana hypothecate
! personal and mixed; to name ana appoint
| such officers, directors, agents and man
| ayers or other employees as the interest OF
| the convenience of the corporation may re-
| quire to make and establish bylaws, rules
and regulations for the proper management
and regulation of its affairs, as may De
| deemed necessary and proper, ana the
| sar.e to change and alter at pleasure; 10
| own stock in other corporations and to do
| all such other acts and things permitted by
| law as shall be OF may hereafter be proper
| TO carry out the objects and purposes OF
| said corporation. Said corporation, unless
| sooner dissolved in accordance with its
| charter shall exist and continue for
period of ninety nine years from and after
| the date hereof. The president, or, In his
| absence, the vice president, shall be the
proper person upon whom citation and all
other legal proceedings shall be served.
| ARTICLE 1.-THE objects and purposes
for which this corporation is organized
and the nature of the business to be car
| ried on by il, are hereby declared to be
| to conduct a general dental supply bust
ness at one or more depots, with such
branches il may be determined, and to
that end to manufacture, buy and sell
anything and everything that may be in
cident to such business, and generally to
do and perform all such business as may
be necessary for or incidental to the OBJ
jects and purposes herein mentioned, as
fully as If set forth herein.
ARTICLE III-The capital stock of this
corporation is hereby fixed at Two hundred
and twenty thousand dollars (S220,0OO.OO)
divided into twenty-five hundred shares of
One hundred dollars (S100.O0) each, all of
which shall be common stock. This stock
shall be payable in cash, or may be issued
by the Board of Directors in exchange for
things of value actually received or ser
vices rendered the corporation, payments 10
be made at such time as to be determined
by the Board of Directors. This corpora
ton shall be a going concern as soon as
, One hundred and ten thousand Dollars
| Of h.a nita oil cfa Shnll hav
: been subscribed for. The capital stock OF
this corporation may be increased to Five
hundred thousand dollars JO000O.O0). Al
: transfers of stock of this corporation shall
: be entered upon the stock books of tn,
a company, and no transfer of stock shall b,
. In any manner binding upon this corpora
ton until so recorded in its stock book.
No stakeholder shall have the right {,
sell his stock on the market without having
. | offered IL. In writing, at its book value 4
the directors of this corporation, twent!
(2O) days previous to the contemplated sal
Of the said stock; and If the directors o
Z this corporation, when said stock is offere,
q to them at its book value, desire to buy IL
purchase shall be made on behalf of tn
y corporation, and the stock shall then an,
! there become treasury stock, to be dispose,
or as the Board of Directors of this cor
/ poration shall determine. notice of tn
l obligation so to offer the stock to tn
corporation shall be printed across the fac
Il OF each certificate of stock.
Inc board OF directors or this corpora
!, ton Is authorized to purchase and acquir
o Tor cash from III. e. Davidson the stock o
goods, open accounts contracts and goo
will Of the dental supply business pres
3 emily carried on by III. G.. Davidson wit
d headquarters in the Maison Blanche Build
70 ing, New orleans, Louisiana, and with
II branch at Shreveport, Louisiana. at valu
m TO be fixed by the Board of Directors o
If inns corporation, all as the same Is de-
le scibed as per the inventories and trial bal
l. ahce OF May 81, 1891. the net worth of sal
ia business exclusive of any special allow
IN ance Tor value for good will, being fxe
Dt Dy the said III. c. Davidson at Two hun
* dred and twenty thousand two hundre
re and hfty-hve and 80 .1OOths dollar
q $500, $3.50
81 ARTICLE IV-All of the corporate pow
g ers OF this corporation shall be vested 1
ID ana exercised by board of five (5) direc
oI tors, composed of stockholders of the col
= poration, three (3) of whom shall constitut
E quorum for the transaction of business
and their decisions Shall be valid corporal
ID acts. The officers of said corporation sha
to De PRESIDENT, Vice-President Trea.
he urer and Secretary, who shall be men
Of 1ers of the Board of Directors. except tn
Of members of the Board of Directors an
,e separate.
ne The following named persons shall cor
20 s I., the first Board of Directors: ii. {
u DAVIDSON, 1923 State street, New Orlean
C. La; James II. Davidson, 1923 State stree
u New orleans, La; Edward A Thomas AZ:
L rairneid avenue, Shreveport, La; III.
es Ihomas, 2033 Prytania street, New Orlean
L. La, charles W. Bartel S27 State stree
o: New orleans, La, and the said III. G. Da,
10 idson shall be President, the said Jam,
CO H. Davidson Vice President. and VILLA
w heard shall be Secretary Treasurer
ie NO person shall be eligible as direct,
ne OF as an OFFICER who is not a stockhoId,
vi .n1s corporation. During the absence
RS the the President the Vice President shall a
RS anu preside. Said Board of Directors an
RS olceIs snail continue i'm office until II
d. Se.ona wednesday of January, 1922. ar
ty snt .neir successors are elected and dual
ge neu on which date and thereafter nj
'r- nia,y; Board Of Directors shall
IT. LIEU unless the same shall be a holida
p mneh such election shall be held on su,
rs, neAt iegai day thereafter. Notice of su,
Ii election shall be given by written
ed printed notice, fifteen Q5) days preyio
se ~ sara election, and sent by mail TO ii
.67 aast khown address of each stockhold,
SHOWN by the books of the corporatio
his ana the Board Of Directors shall snnoi
70. one or more stockholders to preside at an,
he as commissioners In the event
he .ne nature Of any commissioner or co,
on customers to attend, the President shall !
nv sppoihtment fill the vacancy A failu
10 lron any cause whatever to elect diracto
Of on t1e day named for that purpose sh,
no. ~, uIssoive the corporation hut tbe .
Vv r then In Office. as well as the off;ee
on 49,, nhe SAID corporation, shall hold nv
or ;eni tneir successors are chosen and on,
by cans. a IN such event the President shi