The herald., 1922-09-14

: (SeaD FRANK VIM. HART,
Il Notary Public
Aug. 31-Oct g.
: CHARTER OF
JAMES r. WILLIAMS, INCORPORATED
S United States Of America, State Of Lou
isiana Parish of Orleans, City of NeN
|, Orleans. BE II Known, that on this Tn
18th day of the month Of August, in tn
e year of our Lord one thousand nine hun
2 bred and twenty-five, before me. ALDER
j David HenriQues, Jr., a Notary Publ
e in and for the Parish Of Orleans, afOre
said. duly commissioned. sworn and quail
flied and in the presence of the witnesse
hereinafter named and undersigned, per
sonally came and appeared the seyera
r persons whose names are hereuntO sub
scribed, all of the full age of majOrit,
and residents OF the city of New Orleans
who declared that, ayailing themselve
of the provisions Of the laws of this state
in such cases made and provided. RELATIVE
, to the organization of corporations. AM
more particularly Act Ma. 267 OF tn
General Assembly of the State of LouiSi
ana for the year 1914 approved July 9th
1910, they have cOvenanted and agreed
and do by these presents, covenant an'
agree, bind form, and constitute them
selves, as well as such other persons "a
may hereafter join or become associated
with them, in a corporation and body pol
itic In law, and for the objects and pur'
poses. and under the agreements and slip
IOIlO"lnR, tO-"l.
/ ARTICLE 1.-The name and title of thi.
corporation shall be the James +. vii
liamS, Incorporated. and under its cor
pOrate name it shall have and enjoy eX-
istence and succession for n term Of nine
| ty-nine years from this date.
ARTICLE 1.-THE domicile of this cor
poration shall be in the city of New
Orleans, Parish Of Orleans, State OF Lou
isiana, and all citations or other legal
process shall be 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 III.-The objects and pur-
poses for which this corporation is estab-
lished. and the business TO be carried on
by II, are hereby declared to be to man
| ufacture. purchase and sell optical goods
| and glasses OF every character, mathe-
| 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 of 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. debentures or other
evidences of indebtedness created by any
other corporation or corporations, domes-
tic or foreign. and. while the owner there
OF. to exercise all the rights and privi-
leges Of ownership, including the right
to vote thereon: TO borrow money and to
make such promissory notes. bills Of eN-
change. bonds, debentures and 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; to con-
duct this business, or any one or more
businesses. and unlimitedly and without
restriction TO hold, purchase. lease. mort
aFnA
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
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 ex-
pedient for the protection or benefit OF
the corporation, either "a 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, be
no wise limited or restricted by reference
to. or inference from, the terms of any
other clause in this or any other para
graph Of this charter. but that the objects
and powers specified in each Of the clauses
or this paragraph shall be regarded as
independent objects and powers but moth
ing herein set forth Is to be 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
porations formed under saving bank stat
utory provisions for the purposes of said
corporation.
To loan or advance money or TO 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 connec-
ton with the business of the company. To
enter into, make. perform and carry out
contracts of every sort and kind with any
person. firm. association. corporation
tprivate 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 descrip-
ton. 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
name. or, as agent, or on commission or
otherwise. and generally to do any and all
things pertinent or germane to the rights
and powers herein conferred
This corporation shall have the right TO
engage In businesses Of general kind
and character. whether cognate or ger
name to the main purpose or not not spp-
cially prohibited by the laws Of the State
OF Louisiana. excepting that Of a Home
stead or a Bank
This corporation shall have the right
to contract. sue and be sued and NAV use
corporate seal. the same to break and
alter at pleasure.
ARTICLE Iv.-The capital stock of this
corporation is hereby fixed at Ten Thou
sand S1O.oo0O0) Dollars, divided into
ana represented by one hundred (1OO)
shares OF the par value Of one hundred
dollars each. which shall be paid for in
cash subscribed to this corporation or
by property transferred to It. or services !
actually rendered to the corporation. Such /,
stock. when so issued, shall be fully maid
and non assessable
The capital stock may be increased TO |
an amount not to exceed fifty thousand
dollars. and NAV be issued as a dividend |
herein at the discretion Of the stockbold |
ers. and when the condition Of the corpor- |
alton permits II. The board of directors
NAV also reduce the capital stock from
time to time from the earnings OF the
corporation. by calling in a proportional \
part or Its shares. to he selected nv draw
ihgs from among the stockholders re-
corded In such manner as NAV be agreed /
upon by the board of directors
NO stakeholder shall sell or otherwise /
or his stock In this corporation |
y. .t nrst offering the same in writing |