The herald., 1921-02-10
CHARTER
CHARTER OF THE CRESCENT SUPPLY
CO., INC.

CO., INC.
State of Louisiana, Parish Of Orleans.
City Of New Orleans, Be it known, That
on this third day Of January, in the year.
one thousand, nine hundred aud twenty
one; before me, William Waller Young,
a notary public, in and for the Parish OF
Orleans State of Louisiana, duly COM
missioned and qualified, and in the pres
ence of the witnesses hereinafter named
and undersig ned, personally came ana ap-
reared the persons whose names are here
unto subscribed, all above the full age OF
majority, who seyerally declared, that
availing themselves of the laws OF the
State of Louisiana, particularly Act 30
of 1914. relative TO the organization of
corporations, they do by these presents,
agree and bind themselves, as well as such
other persons as may hereafter become as
sociated with them. to form ana cOnsttut"
a corporation for the objects and purposes
and under the articles and stipulations fol
lowing tO-wit:
ARTICLE 1.-The name and title Of this
CORPORATION shall be Crescent supply Co,
Inc and, under that name, IL shall have
and enjoy all the rights, advantages and
and shall exist for the full term and per
iod of ninety nine years from tnls day.
1t shall have power TO contract, sue ana
be sued to make and use corporate seal,
and the same to alter and break at pleas
ure TO hold, receive, lease, purchase, sell
and convey, as well as mortgage, hypu-
thecate and pledge property, real per-
sonal and mixed, corporeal and incor-
poreal; to name and appoint such man
ayers, directors, officers, agents and other
employees rs its interest and convent
| ence may require, and to make and "s-
tablish as well as alter and amend, from
| time to time, such bylaws, rules and reg
ulations as may be necessary and eNpedi-
ent for the proper management and gov
ernment OF the affairs of said corporation.
| ARTICLE 1.-THE dOmiciIe Of this cor
poratiOn is hereby fixed in the City OF NJ
| Orleans, State of Louisiana, and all cita-
| tiOn or other legal process shall be served
upon the President Of said corporation,
or, in his absence, upon its Secretary
| Treasurer.
ARTICLE III.-The objects and pur-
poses for which this corporation is Or
| ganiZed and the nature of the business 10
| be carried on by ii are hereby declared to
be to engage III general furnishing ana
| supply business, as principal and as agent,
| in hardware, ship chandlery, paints, rail
| ways, mill supplies, supplies of merchan-
| disc food, refreshments and stimulants for
| ships, to engage in the business OF seIiln.
| goods, wares, products and merchandise
| as principal or on commission, or both
and to act as general selling agents; 10
import and export goods, wares, products
and merchandise of every description
and kind. and particularly TO act AZ
| agent, agents and brokers for the
| selling on commission or otherwise
| of said goods, wares ana prOuucls' 10 en-
| gage in a general furnishing and supply
| business as principal and as agent, III
| hardware, ship chandlery, paint, railways
| mill supplies, ship supplies, and in con.
| nection Herewith, TO engage in general
| businesses at wholesale and retail in al
| lines of hardware and supplies for paint
| ers, mills, railways, ships and all other
/ things of similar character, and carry OIL
| the business of the corporation in Louis
| lana and in all of the States of the United
| Sfata
| orally to do and perform all things peril
| nent and incident and which may be prop
| er and necessary to carry out and execute
| the objects and purposes OF This corpora
| ton.
| ARTICLE Iv.-The capital stock Of thi,
| corporation is hereby liked at the sum Of
fifty thousand (SJO,Oe0O0) dollars, to b.
divided into and represented by hye hun
dred $500 shares in the sum of enc hun
dred ($1O0.O0) dollars each; said stool
shall be paid for when and in such install
ments as directed by the Board of Di
rectors. The capital stock of this corpora
ton may be increased to the sum of on
hundred thousand S1OOOOO.OO) dollars.
ARTICLE v.-All the corporate power
| Of said corporation shall be exercised b.
a Board of Directors consisting OF tire
stockholders, majority Of whom shal
constitute quorum fer the transaction o
business. The Directors may vote in per
son or by written proxy. The Board o
Directors shall elect annually from anon
their number a President, Vice President
and a Secretary Treasurer. The first Boar
of Directors shall consist Of three stock
holders and shall be composed OF Rolan
! 3. Carriere, Cornelius A: Hecker, an
! Joseph F. Vincent, with the said Rolan
s. Carriere as President, said Cornelius
Hecker as Vice-President, and said JOSEF
+. Vincent as Secretary Treasurer, VIII
shall serve until the third "Wednesday i
January, 1922, or until their successor
have been duly elected and qualified.
The post Office addresses of said DireI
, tors are as follows: Roland s. Carriers
! 1906 Gov. Nichols Street, New Orlean
La; Cornelius A. Hecker, 1914 Hampto
, Street, New Orleans, La; Joseph +. VII
!, cent, go st. Roch Avenue, New Orlean
La. The annual meeting Of stakeholder
for the election of directors shall be bel
on the third Wednesday In January 2
, each year, unless said day be legal hol
day, and then on the next bank day there
after. Any vacancy occurring among IN
Directors by death, resignation or othel
wise, shall be filled for the unexpired teri
/, by the remaining Directors. Each suit
scriber hereto sets after his name his posi-
Office address and a statement OF the nun
Der of shares of stock which he agrees
, take in the corporation. At all electoni
! every stakeholder shall be entitled to on
vote for each share Of stock standing !
! to be cast in person or by his write
proxy. A majority OF the votes cast sha
elect
ARTICLE Win the event Of the liqu
dation or dissolution Of this corporation
! the stockholders shall elect three liQui
! dators from among their number at
. meeting convened for that purpose, afte
fifteen Q5) days written notice sent I
each stakeholder by mail to his last know
. address; said iQuidators shall have tn
authority to wind up the business an
. affairs Of this corporation. In case OF III
. death of a liQuidator, the survivors sha
appoint a stakeholder as successor to hin
ii ARTICLE vII-The said appearers d.
! clare that they subscribe. respectively,
J the following number Of shares OF II
{ capital stock Of this corporation:
= Roland s. Carriere, two hundred an
e fifty (25O) shares; Cornelius A. Hecke
one hundred and twenty-five (125) share,
e and Joseph +. Vincent, one hundred an
= twenty-five Q25) shares.
: And, whereas, the subscriptions Of Il
!, said Roland s. Carriere, Cornelius A. Heel
8 err and Joseph +. Vincent, appearers her
: in, to the capital stock of this corporatio
J, consist in property to be transferred
! this corporation, to-wit:
= The entire assets Of the business her
= tofore conducted by the said Roland
= Carriere, Cornelius A. Hecker and JOSEF
- +. Vincent, as a partnership, under Il
e firm name Of Crescent supply Company
= the premises No. 2112-14 Magazine Stret
: In the City of New Orleans, State Of Lo
I. isiana; the said transfer of business 4
stock In this corporation being In accor
ance with the provisions of Section
n Act 267 Of the Louisiana Legislature
J. the year 1914.