The herald., 1922-07-06
CHARTER

sonal; mixed, corpo,o-,
70 elect and apnosi and NJ
ohceFs and agents sucS NN
Convenience Of the as the h. u
fe4ul'e to make ana Saia eprS,s
Avs rules and re1ni. estsblmA n
as-iurht OF the cornalons IA, N
necessary and pronapofation %
, nan5e or alter at and d. II
ana perform all sc,. plessur.;s
ana necessary to % and thip.M'
ana PURPOSES Of this r'y out ~
ARTICLE IL. ais aS eorpOnss
,rGal process shall citation
res ident Of this ro,n oe serreS Y
ana in a 80 upon The =
dent and 'i 70 OF the the abseDc. 'ic,S
ARTICLE Ill. Tbs eO'p'nass
poses ,s Tor which this CO. ootecu =,
ilshed and the natn,s orpOratO,
oe carried on by II VI Tie
20 De. To carry on are are Ae,ebI
orleans, La. and an N The Al, g
vi wholesale or retaiiete tie
ana produce, in ali ' =, nut ~.
10 do any and ali hug btana.S<
herewith or incidar,O qsinesses
lines OF bn 5SpaSe belonging =;
NECESSARY aa Sd and 10
business anu AZ proper to e,, :. u
mission b 70 carry on am
'nahulse and produce. u lilies
~, AikIICLE ". The c,,,.
m rms corporation Is he,sSPual In
Ih9GsInd Dollars Cs IN hIe
ui'IIed into one bundN,
OF the par value OF 0nu LOO
.ars $4,000 each, wSi Hs Hundss
for in cash, or which I n shall
property actually recaix s! Be Ia.
pora uon at its fair yo,a ,! u
cent OF the capital stoch III
sSriDed before the filing shah
OF incorporation, and ~. hes ~
the said subScription NY Per -
before this corporatiaD snsH b. M
lzed to do business saal Be r,
The capital stock q, ~,
ma! De increased to One Us eotpss,
sano Dollars (slOO,OOo.OOc. n'ad's
No transfer Of STOCK ali,
on this corporation unresa aa e Ia
corded on its books made " \
shaI have the right n ,s w rOcils
TO anu5,o VI ms stock in this NJ. "
wri. a. one unless he shan a., paa
~ mn oner TO the other ~ ~
81, 81 lhis corporation and Ia ~ sctlas
s stOn nseii' Offering to sell - ~ "a
STOCK at the book value th.@ hs
closed at the end Of the n,a0sG S
year. such written Offer sSas
dressed TO the then stocthcSlnaa b
corporation collectively, ana saa
myered at the office OF n. 'uaa =
Inc corporation shall frans.., w.tpaasa
10 the then stockhOlders ..S az
OF the stakeholder desiripv " q
De distributed pro rate u
other then stockholders az ss.i.
chaSe. in the proportion Se'as
noIdlhSs or the said stOekhald.a
ing to purchase bear to s.CS S'o :i a
after ten days from the All. ons.
said written offer to the c o,aH q
aforesaid, none Of the oths, 'p%sl.tR
holders shall desire Ia ~. ia d
stock offered at said nr,csp u,sass
sees hit. VAC ans u
ARTICLE V. All the nox.,
corporation shall be vested
business OF this corporstioD ~
managed and transacted by : "a
directors to be composed ~ n
holders, any two of whom s1.S w
tute a quorum for the trans,r,., ua
business OF this corporation.
The Board Of Directors
Board Of Directors, shall b. 49,,
the stockholders Of the said e s,,,
at a meeting to be held within y. =
from and after the date hsr.S ~
said board shall serve Until M, :
cesSors are elected and quaIis.d
The said first Board OF Dirsr,., s.,
all other subsequent Boards n ~
tors shall, Immediately after M, :
election, elect from their own -
President, Vice president ~
Secretary Treasurer, all OF Vhsn 4.
hold their office until their su,..-
are elected and qualified.
All boards, subsequent to a. a
BOARD, shall be chosen at he urs
of the stockholders, but 4 b
Is no such election the old board Il
hold over.
All elections shall be by ballot 4 ,
office of the corporation, under d, NJ |
VISION or three commissioner d |
by the board, which sr,s
sloners need not be stockheldes Il b |
corporation. Notice Of the sunu, n
Ing Of the stockholders which ,h,H
held on the fourth Monday in Jir,r
and Of all other meetings Of he I'd
holders shall, unless waived b. I'M
hn mir h. L.
Treasurer, at least fifteen days pna
the date Of the said meeting, In WIN
either in person or by mailing u |
notice to each stakeholder at hs ID
address. At all said mems
zach stakeholder shall be entitled n |
vote for each share Of stock st,ntii
his name on the books Of the corn
ton, on the date Of the said nstz
Said votes may be cast In person az
proxy, and a majority Of votes u n
shall elect or determine. Proria 20
be in writing.
The failure to hole elections al
Elect directors an aforesaid sAin y
Affect or dissolve this corporstoi =
impair its management In any No
but the directors then In Once u
hold office until their successef y
elected and qualified.
All vacancies on the. Board Of Dss
.ors, no matter from what cause ~
De filed by the remaining directors
he remainder Of the term. Any -
Der may be represented at the ne14
" the board by proxy, Nhch lE
must be in writing, and whEh EE
must be a stakeholder Of this a'F
ltion.
ARTICLE vi. This charter nay
altered or modified, ~
'apital stock thereof may be incfs1N
decreased at a meeting OF the sea
RS duly called therefor, oil % pM
~ the laws Of the state Of Isss
low or hereafter to be enacted. IL
Il the liquidation Of this eeipsx
he liquidation shall be enectee y ~
commissioners to be chosen By TIE v"
folders. Al
ARTICLE VII. No stockholas
yer be held liable for the eonu. 49,
aults of the corporation IN any
UNI than the unpaid Daisncs ~ n
on the stock oTnea
or shall any mere informally y
tAt y
ng this charter null or Of sipos1
to any liability 0s
mount due and unpaid on hn ~ B
ARTICLE VIII. The suoseli, ;
his charter have written w. w Z,
heir names the amount OF ~. 800
cribed by each Of them IN Ias -rr
ton, so that this charter na! d
he original subscription m d
and they nave ,s"ssi,r, 4
heir postoffice addresses |"
Nv. sna
Thus done and passed In o.! ~ -
he day and date aforesaid, q Tsrs
nee OF A. L. Fandal and y. n hsuzp
PM etent witnesses, VINO Ia a, d
INSCRIBED their names wiz s..s b
ppearers and me. Notary '''a
sading Of the whole. -, c,,,a "
Original signed) Jos; ,I pi ~ S'l 4 "
rleans, La, SO shares, $""ti 90
ina. New Orleans. La y C,ss
10000: Jos. w. Beer H''
a share. $4,000