The herald., 1922-09-07

(SeaD FRANK WM. HART,
i, Notary Public
Aug. 31-Oct 5.
CHARTER OF
JAMES =. WILLIAMS, INCORPORATED
: United States of America, State of Lou
iSiana. Parish of Orleans City of Ne"
Orleans he il Known, that on this TN
18th day of the month Of August in TN
year Of our Lord one thousand nine nun
bred and twenty-five, before me, Al6rr
David Henriques, Jr.. Notary Puhl'
? in and for the Parish of Orleans. afore
said. duly commissioned, sworn and quail
flied and in the presence of the witnesses
hereinafter named and undersigned, per
SOnally came and appeared the SrNera
persons whose names are hcrcuntO sub
Scribcd. all Of the full age Of majority
and residents of the city of New Orleans
who declared that awaiting themselves
of the provisions of tn" laws of this state
in such cases made and provided. relativ,
to the organization of corporations and
more particularly Act Nt 26I of the
General Assembly of the State of Louisi-
ana for the year 1914 approved July 9th
| 1910. they have covcnanted and agreed
| and do by these presents. covenant and
| agree. bind, form. and constitute them
| selves, as well aS such other persons ~
| may hereafter join or become associated
with them. in a corporation and body pol
| itic in law, and for the objects and pur-
/ poses. aud under the agreements and slip
| ulItiouS following. tO-wit:
ARTICLE THE name and title of this
| corporation shall be the James = vii
| liam>. Incorporated. and under its cor
| porate name il shall have and enjoy cN-
/ istcnce and succession for a term of nine
| ty-nine years from this date.
! ARTICLE 1.-THE dOmicile of this cor
/ pnration shall be- in the city of New
/ Orleans. Parish Of Orleans. State of Lou
| iSiaHa. and all citations or other legal
! process shall hr served on the president
! of said corporation or, in the event Of his
| absence or inability To act. upon the
vice president, or upon the Secretary and
treasurer.
ARTICLE HI-Thc objects and pur-
poses for which this corporation is eStah-
/ li>hcd. and the business to he carried on
by IL. are hereby declared to be- to man
ufacture. purchase and sell optical goods
and glasses Of every character. mathr-
matical and scientific Instruments pho
Geographic supplies and materials and all
articles Of merchandise pertaining to such
! business. and. in general. to do all acts
and things reasonable and necessary for
the conduct If such business or in con
nectiOn Herewith.
To purchase or otherwise acquire and
hold. sell, assign. transfer. mortgage.
pledge or otherwise dispose of the capt
tai. stock and bonds. dcbcnturrS or other
evidences Of indebtedness created by any
other corporation or corporations. domrs-
Tie or foreign. and. while the owner there
of. to exercise all the rights and privi-
leC"S of ownership, including the right
10 vote thereon: 10 borrow money and to
make such promi>Sory notes bills of eN-
change. bonds. dcbcnturcS aud obligations
and evidence Of Indebtedness of All kinds
whether secured by mortgage. pledge or
otherwise, and TO secure the same by
mortgage. pledge or otherwise: 10 con
duct this business. or any one or more
businesses, and unlimitedly and without
restriction TO hold. purchase. lease, mort
gage and convey real and personal prop
erty in the several States and Territories
of the United States. Colonial possessions
or territorial acquisitions of the United
States and in foreign countries As shall
from time to time be found necessary or
convenient for the purposes of the com
pany's business. To do all and everything
necessary. suitable. convenient or proper
for the accomplishment Of any purpose
or of the attainment of any one or more
of the objects herein enumerated or Incl
dent to the powers herein named or which
shall at any time appear conducive or eN-
pedient for the protection or benefit of
the corporation, either as holders of. or
interested in. any property or otherwise
with all powers now or hereafter to be
conferred by the laws Of this State upon
corporations organized in this state.
II Is the intention that the objects and
powers specified and the clauses contained
in this paragraph shall except where
otherwise expressed in said paragraph he
no wise limited or restricted by reference
to. or inference from. the terms of any
other claus" in this or any other para
graph of this charter. but that the objects
and powers specified in each of the clauses
of this paragraph shall be regarded as
Independent objects and powers. but moth
ing herein set forth is to he construed to
authorize the formation hereby of any
United States. or State Safe Deposit or
Trust Company. Banking Corporation or
Savings Bank, or corporation deemed to
possess any powers prohibited to cor
p0rations formed under saving bank stat
utory provisions for the purposes Of said
corporation.
To loan or advance money or 70 give
credit to such persons and on such terms
as may seem eXpedient. and in particular
TO customers and others having dealings
with the company. or having any conncc-
ton with the business of the company To
contracts Of every sort and kind with any
person. firm. association, corporation
Cprivate or public. or municipal or body
polite, or with the United States Govern
ment, or any State, Territory or Colonial
Possession thereof or any foreign gov
eminent: TO manufacture. export import.
buy. sell and generally to deal in goods.
wares and merchandise of every dpScrip-
ZION. To purchase, lease or otherwise
acquire all kinds of personal property
which the corporation may deem neceS-
Sary or convenient for the purpose of its
business. and To do business in its own
III.
otherwise, and generally to do any and all
things pertinent or germane to the rights
and powers herein conferred
IhlS corporation snail have the right 70
engage in businesses of general kind
and character. whether cognate or ger
name to the main purpose or not not spe-
cially prohibited by the laws of the state
OF Louisiana. excepting that of n Home
stead or Bank
This corporation shall have the right
TO contract. sue and he sued and NAV use
corporate seal. the same to break and
alter ut pleasure.
ARTICLE IV.-The capital stock of This
corporation is hereby fixed at Ten Thou
sand (SlOOO0O0) Dollars. divided into
ana represented by one hundred (1OO)
shares of the par value Of one hundred
dollars each. which shall he paid for in
cash subscribed TO this corporation. or
ny property transferred to It, or services
actually rendered to the corporation Such ]
stock. when so issued, shall be fully paid !
and non aSSeSSable.
The capital stock may be increased 10 |
an amount not to exceed fifty thousand |
1ollarS. and NAV he issued as n dividend /
herein ut the discretion of the stockbold.
erS. and when the condition of the cornor
atlon permits ii. The board of directors |
may also reduce the capital stock from
ume 10 time from the earnings of the
corporation. by calling in a pronortionaI
part or its shares. to he selected nv draw
lheS from among the stockholders re
corded In such manner as may he agreed
upon by the board of directors.
No stakeholder shall sell or otherwise
dispoSe Of his stock in this corporation
without hrSt Offering the same in writing
10 the other stockholders. who shall have
zen DAYS refusal of the same and which
Sy"ck shall he sold to the highest bidder.