The herald., 1922-11-02
CHARTER.
cHAHTE1 OF
pTNNEY CO., INC.

RlHH6I WV &~~
louisiana Parish of Orleans
state Ssw orleans. BE II KNOWN Una
~ o. The 27th day OF me n,onin ~
,otemoer nine hundred and twenty
ue thousanS the independence OF the
70 anu zee Of America, the one nun
uited stSanr,y-seyenth, before me, Felix
I'd ana cisndin. a Notary Public in and
rifred oatsh of Orleans, state or Lou
b. the Pc, commissioned and quallfled'
Jana, ,hs presence or the witnesses
ID n,,sr named and under sisheu' pei
eretns a.re and appeared the follow
ooally CANE hose names are hereunto
q persoIn together with the amounts
bscripeus nscIiye subscriptions to the
the Is.orrk of the corporation 10 De
initial s.otL seyerally declare that,
Crned, .hanselyes as well as such
ysiDns as may hereafter become
kher 20 with them, or their success
ssocia S,vm and constitute themselves
corporation ana pouy poii.io IN
10 re objects and purposes ana
ii for aements and stipulations fol-
wing, I9I The name and title OF
ARTlC.ation shall be Il. r. Finney
bis cor and By that name SAID cor
b. IN shall have power and authority
cfsn and enjoy succession lor the
nav ,srm and period OF ninety-nlne
from and after the DAY ana GATE
ssrs Hun contract, sue and be sued;
feoi. "a and use a corporate seal. and
nake and alter the same at pleasure;
brean sell. borrow, pledge, mort
con,e3 hypothecate under it's cor
bse name property, real, personal
orate "a. 10 name and appoint such
.ars directors, agents ana man
:, employees as the interest or
ss,Ssnce Of said corporation may
20 make and establish bylaws,
gule, regulations for the proper
les az and regulation of its af-
nav be deemed necessary and
trs md the same to change and
opeh. Measure: and to do all other
Der ~ things permitted by law, as
nr NAV hereafter be necessary
a n 10 carry out the objects and
,ppsss of said corporation.
.RTICLE ii. The domicile or SAID
AIa,jon shall be in the city OF
W orieans. state of Louisiana, and
lev ,,ations and other legal process
Sa served upon the President of
~ y .Dc,noration; and in the case OF
sspce upon the Vice-President-
snrer. and in case of the absence
so,b of these officers, upon the
.,stary thereof
spTICLE III. The objects and pur-
for WHICH Nllio vi -
s,,,ed and the nature of the busi-
= ~ he carried on by il are declared
=. that of a general church supply
..,gious article business, the sale
.esa5ies prayer books. pictures,
.,rss medals. artificial flowers. cam
oils incenses, vestments, sacred
k.s.,s and any and all articles per-
s,Ire 10 churches and religious sup
az and in the conduct of said BUSH
NJ
"A everything and anything belong
"a or in any wise connected with
affects and purposes set forth.
RipTiCLE ". The subscription for
q me ownership of all stocks in this
k-,oration are made and taken upon
1, Conditions that any holder of stock
[s,rng to sell the same shall first
IN his stock to the corporation at
Il then book value thereof. and the !
| which to exercise it's option to pur-
k,ss the same. On its refusal to |
krchase such stock at said price. |
n DAYS TO exercise their option to |
krchase such stock katk said price. |
fsr the expiration of such time the |
kpckholders shall be free to make any |
Shg sale of their stock.
/ lRTICLE V. The capital stock of |
"a CORPORATION is hereby fixed at |
a sum Of Seventy-five Thousand Dol |
q (s75O0O.00), divided into and rep |
Vented by Seven Hundred and Fifty |
F5a) Shares of the sum of One Hun
IA Dollars (Sl00.00) each, which said |
ock shall be paid for in cash at the |
he Of subscription, or same may be |
Bped at not less than par, in pay
nt or exchange for property or rights
&naly received or purchased by said
Irporation.
ARTICLE VI. All the corporate pow
b Of this corporation shall be vested |
and exercised by Board of Direc-
u consisting of three stockholders. |
ID two members of said board shall
Institute a quorum for the transaction
all business, and their decisions
NJ be valid corporate acts. They
>all have full power to enact bylaws
king the duties Of the various officers
u rules TO govern the management
! The corporation.
| he following persons shall consti-
>n the first Board of Directors: John
finney, President; NJ. A. Finney,
n-President and Treasurer. and NJ.
Hnney, Secretary. During the alb
nc or incapacity of the President
vice-President shall act and pre-
| aid board shall continue in office
1m the third Monday in January,
y on which date their successors
VI be elected, and thereafter annu-
u Board of Directors shall be
eced on the third Monday of January
Zach year. unless the same shall be
holiday. when the election should be
ed on the next legal day thereafter.
vice Of such election shall be mailed
ne last known address of each
election. Said election shall be
1ced over by two persons selected
mat purpose by the Board of Direc-
and they shall certify the result
NE election and deliver the certifi-
70 the President. who shall call
netting Of the newly elected Board
directors within five days after re-
1g said certificate of election. At
INST meeting Of the new board
pr the election they shall select
"a smong their own number a Pres.
Observation-Disclosures, and
s..e1etary. Any vacancies occurring
ne Board of Directors shall be
~ oy the remaining directors. Any
5us from any cause whatever to
- directors, the day named for that
yose shall not dissolve the corpor-
me directors then in office, as
IN Inc ne officers of said corporation.
aesen. In such event the Presi-
snal cause another election to
yea within thirty days and shall
~ n9uce thereof as hereinbefore pro-
zach stakeholder shall be entitled
.ss vote for each share of stock
IN his or her name on the
on the company. and may vote
Ay; Election of directors shall
oaiiot and the majority in
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