The herald. [volume] (New Orleans, La.) 1905-1953, 1922-09-28
CHARTER.
suPPLY COMPANY.

s IsIesI SUPPLY COMPANY
If America, state OF Lou Lou
..d states u Oyieans. Be 1t known
" Parish .bs 25th day Of the month
90 tbs The year OF our ho,u' . Uhe
ilgpst, ID hundred and tweht iE-n tHo
s.ssssd niH; Independence OF uns anJ
4 Of ~ america. the on F',gn n u, saun-
ssiss Of 9th before me; r., commissioned
~ Notary Thin and for the parish
" aualiheo tate Of Louisiana. therein
y orlesns. the presence OF the VII
f,slng. ana ,,ar named and underslgned'
- 20 bereinaI.i and appeared Leo l..
rsssrslly esIn sob c. Lazard. both resi-
- and 1a oity OF New Orleans, stare
20 Of me ~ the full age, herein APP
louisiana O.ing for and on behaf or
ssring seo supply Company a LOUIS
(. Tlertriesa, domiciled In the city
- eorPIsans. organized by act Deiore
Z Ms V a Notary PUBIC, IN anu
\ Wish Of Orleans staIe 90 ,o,a ond
n tie ne 2sth day OF Ma ntsco To- 20, ,ha
- % IN the Mortgage , OIHc rnIio 90
rtsrresSo =, orleans In b ooh Ion nassed AZ
"A pursusn' OF the stockholders.
wecial me. .hs 10Th day Of July, 1872.
,s,eped on w Of which Is hereto at
y -.;6ad COPY
sftiI md made part hereo'
' ala appearers declared t pa Lar at
l,d ssIl meeting OF the stock s,o IS,h
~ y corporation, CONVENE o haan con-
~ July, 1922, whicn mau and n,
sd Tor ,ns the holders Of the entire
arb neeuIe az said corporation were
spjtal soe. r in person or by proxy.
s-,ss1t e'I,ack Of said corporation was
4, eipth ss s5OOOO.O0 TO S2jO.OOO.O0.
crossed ilo N effect said increase. as
"a IN oiuu o,ber changes decided upon
81 8 u"e,,ng. Articles ". and VII
sid c nle of said corporation were
he md re-enacted so as to read
{ tsIlOW'; AL. ., .,,,
IRIlSL shall be Two Hundred and
| s'pofstIIy a.,sand Dollars 2JO.OOO.Dl,
ry ,n," twenty-five Hundred (25OOl
| tsdec nv mar value OF One Hundred
Asres o. i1.,on al per share, payable when
pcl1fs ash or other property, or for
SOD. u ,sndered or actually performed
srtss br the Board of Directors;
o ss M corporation is 10 be a gong
% whom Fifteen Thousand DoliarS
s,fss.aGM OF said stock has been SUP,
h.sss and paid for SAID stocS s hs,i
|
v nsid and worcestershire when
nr shall be personal property.
ucrry No stakeholder shall ever
n .1'. AZ responsible for the indebted
tsul-s or defaults or this corpor-
~ ,or shall any mere intOrmallty In
~ ..,ssnizstion Of the corporation nave
~ sssrt Of rendering the charter null,
ny snw. , the stockholders to any
a. hSvond the unpaid balance. IL
s"D AZ bis stock subscription.
| :. .,..tboIder shall ever he liable or
R-,,hls FOR the indebtedness. faults
ns.s,ults OF this corporation, nor shall
y, rsrs informality in the organization
~ Ia Evaporation have any effect OF rem
..srs the charter null, or or exposing
4. ackhOlders TO any habllty beyond
=. ,snaid balance, II any, on his stock
Inscription.
y, ,,oekholder may sell. or assign. or
-, His stock in this corporation
.,..St giving to the other stockholders,
s..,rh the Secretary Of this corpora
-, notice In writing OF such intention,
"a fhe other stockholders shall have the
-, sor a period Of ten days from the
LIs,s Of such notice to the Secretary
!. ,srrhsse all OF any part Of the stock
mn stockholder for cash, at the book
80 thereof. after which ten days the
IN rock may be sold without TO-
arttion.
o,h,r stockholders desiring TO purchase
ri under this article must In due time
IA notice OF such desire TO the Secre-
y, Al this corporation. In the event
All ether stockholders offer to buy more
al Than Is offered for sale stockholders
sA,iue 10 buy shall be entitled to buy
A sdered stock In the ratio Of their
tr stock holdings In this corporation.
IN The purpose Of this article the book
,lus shall be determined by the figures
q shown on the last monthly financial
rnienent
n, sale or other transfer. or assign
nsrt II stock in this corporation shall
y uld until and unless opportunity to
purchase such stock has first been given
d the manner hereinabOve provided to
a, other stockholders Of this corporation;
md tbs right, so vested in the other
tckhoIders, shall follow into any hands
h,s which 1t may pass any stock sold,
inrserred or assigned. without such
spportunity being given, and may be ex-
rasd against the holder or holders
hereof within ninety 1907 days after such
tNk Is rendered for transfer on the
bsks Of this corporation. and no transfer
4 any such stock shall be made on the
tsks Of this corporation during the pen
t,ty Of said ninety (90) day period.
ARTICLE VII. The business of this
uperstion shall be directed by and all
q corporate powers vested in a Board
Directors composed Of five stockhold-
q majority Of whom shall constitute
psrum for the transaction of all bus
has Until the next annual election of
dretors, 10 be held under this charter,
an1l after their duly qualified sue
ssSrs are elected and installed. the
bMn Of Directors Of this corporation
eil be composed Of l.. L. Hirsch. NJ. J.
hztt6. I. Hirsch, J. G. Lazard and
lsnr Levy, the postiffce addresses OF
u q whom Is New Orleans, La. with
| 1 Hirsch as president. NJ. J. Elgutter
nce-president. T. Hirsch as secretary,
ny !. {. Lazard as treasurer. The an
~ election for directors shall be held
y, ns aird Wednesday Of June Of each
sM beginning with 1923. All such cleo
n ~ snail be by ballot at the office OF
!. =. eofporation, between the hours of
~ 4 N. and 400 p. m, under the
.pslntion OF three commissioners to be
ypsnted by the Board Of Directors, and
me sosence OF any commissioner the
ssaenf shall have the power to fill the
ey appointment Failure to hold
y ~ secton on the day specified shall not
1--we me corporation. but the directors
~ -. u Office shall hold their respective
-. 49, nnhl an election shall be held.
~ niteen days notice Of the time and
n nereof Is given to each stakeholder.
!. ueincies on the Board Of Directors
.,, snsleser cause shall be filed by the
'nsining directors.
a ~ az elections Of directors. as well as
ungs OF stockholders. except as
sse required by law, fifteen days