The herald., 1921-08-18
CHARTER OF DAVIDSON DENTAL
SUPPLY CO., INC.

UNITED STATES OF AMERICA,
STATE OF LOUISIANA, PARISH OF
Be it known, That on this 18th day of
July, in the year of our Lord one thousand
nine hundred and twenty-one, and of the
Independence of the United States of Amer
lea the one hundred and forty fifth, before
me. Rudolph j. Weinmann, a notary public,
duly commissioned and qualified, in and
for this city and the Parish of Orleans.
therein residing, and in the presence OF tbs
witnesses hereinafter named and under
signed, personally came and appeared this
parties whose names are hereuntO sub
scribed, all of the full age of majority
who declared that, availing themselves OF
the provisions of the laws of this State
relative to corporations, they have coven-
anted and agreed, and do by these present
covenant and agree and bind themselves.
as we'll as such other persons as may
hereafter become associated with them, to
| form and constitute corporation and body
polite in law for the objects and pur-
poses, and under the stipulations, articles
and conditions which they hereby adopt as
their charter, as follows, to-wit:
ARTICLE 1.-The name ana title Of said
corporation shall be DAVIDSON DENTAL
| SUPPLY CO., INC, and its domicile is
hereby established in the City of New Or
| leans, State of Louisiana, and under its
| corporate name said corporation shall have
| full power and authority to contract, sue
and be sued; to make and use a corpor.
ate seal, and the same to break and alter
at pleasure; to hold, receive, lease, pur-
| chase, improve, ALLEVIATE, convey, sell, bor-
| row, pledge, mortgage and hypothecate
under it's corporate name, property, real,
personal and mixed; to name and appoint
such officers, directors, agents and man
| ayers or other employees as the interest or
| 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 be
| deemed necessary and proper, and the
1 70 ahnra aIe
| own stock in other corporations and to do
| all such other acts and things permitted by
| law as shall be or 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 a
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 1t, are hereby declared to be
| to conduct general dental supply bust
| ness at one or more depots. with such
branches as 1t 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. al
fully as If set forth herein.
i ARTICLE III-rhe capital stock Of thi.
| corporation is hereby fixed at Two hundred
and twenty thousand dollars ($220 900 OO)
| divided into twenty-five hundred shares Of
One hundred dollars (S10OOO) each, all o.
which shall be common stock. This stool
shall be payable in cash, or may be ISSUED
by the Board OF Directors in exchange fol
things OF value actually received or ser
vices rendered the corporation, payments [,
be made at such time as to be determined
by the Board of Directors. This corpora
ton shall be going concern as soon a
One hundred and ten thousand Dollar
lSllO,OOO.OO) of the capital stock shall hav,
been subscribed for. The capital stock o
this corporation may be increased to Fiy,
hundred thousand dollars $500, OOO.OOl. AL
| transfers of stock of this corporation shall
be entered upon the stock books of tn
company, and, no transfer Of stock shall b.
IN any manner binding upon this corpora
tlOn until so recorded in its stock book.
No stakeholder shall have the right Z
sell his stock on the market without havin,
| offered II, In writing, at its book value I,
the directors of this corporation, twent-
| (2O) days previous to the contemplated sal
or the said stock; and IL the directors O
this corporation, when said stock is Offered
to them at its book value, desire to buy Il
purchase shall be made on behalf Of tn,
corporation, and the stock shall then anC
there become treasury stock, to be disposed
Oh as the Board or Directors Of this cor
poration shall determine. A notice Of tn
obligation so to offer the stock to tn
corporation shall be printed across the fac
OF each certificate of stock.
The Board Of Directors Of this CORPORA
ton Is authorized to purchase and acquir
Tor cash from III. G. Davidson the stock o
! goods, open accounts. contracts and goo,
Will Of the dental supply business pres
emily carried on by H.sC. Davidson witt
headquarters in the Maison Blanche Build
ing, New Orleans, Louisiana and with
branch at Shreveport, Louisiana, at a valu
TO be fixed by the Board of Directors o
this corporation, all as the same is de
sciDed as per the inventories and trial bal
ance OF May 81. 1921, the net worth of sal,
business exclusive Of any special allow
ance for value for good will, being fxe,
by the said III. e. Davidson at Two hun
> dred and twenty thousand two hundre,
and nifty live and 50 /100ths dollar
500. 255.59).
| ARTICLE Iv-All of the corporate pow
ers of this corporation shall be vested ii
. and exercised by board OF five (5) direc
tors, composed of stockholders of the cor
poration, three (3) Of whom shall constitut
=, a quorum for the transaction Of business
. and their decisions shall be valid corporal
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