The herald., 1922-02-23
CHARTER.

| {
to and represented by one hundred Qo0l
| shares of the par value of one hundred
| dollars (S1O0OO) each; which said stock
| shall be paid for in cash or in property
and good will transferred TO said corpora
ton, or in work done for, or service rem
dered to said corporation, as may De de-
cided by the board of directors ana upon
terms to be fixed by said board OF direc-
tors.
| All transfers of stock shall be made on
| the books 81 the corporation and no trans.
fer of srock shall be in any way binding |
on the corporation unless ana until IL Is
made in pursuance to the PROVISIONS OF
this charter. =,
! No stakeholder of this corporation shall
be permitted to sell or otherwise dispose
of his stock without first Offering the same
in writing, to the other stockholders
through the board Of directors. at price
not exceeding the book value thereof
and said stockholders, in proportion TO
their holdings shall have an option and
first right of purchasing all of the shares
of stock to be thus disposed of by sale or
otherwise of any of the stockholders ana
shall have a period of ten days In which
TO accept or decline said offer. Should the
stockholders decline TO purchase sald
I stock. then such stakeholder is nj hDertS
/ to sell or dispose of the stock ana may 90
so i'm any manner and at any price he
may deem fit.
= Each share of stock is issued herein
? upon the condition and understanding
that no stakeholder shall sell or otherwise
transfer his stock in violation hereof and
+, any such sale or transfer IL made snail
! be void and this corporation shall be IN
e der no obligation to list said stock on its
books or to regard the holder of the GER
tiicate thereof.
! The capital stock of this corporation
may be increased to any amount not eX-
y ceeding two hundred and fifty thousand
II dollars Each share of stock shnll entitle
e the owner thereof. either in person or
: 10y proxy, to cast one vote at all general
$ ARTICLE Iv-An the corporate powers
. of said corporation shall he vested in and
= exercised by board of directors com
% posed of not less than three nor more than
u seven stockholders, to be elected ut an
h annual meeting of the stockholders TO be
3 held on the first Tuesday of February of
lss each year; If the date fixed for said elec.
d ton fall on a legal holiday, then said
,e election shall be on the first day there
II; after not legal holiday. All such elec-
a tons shall he by ballot, at least hfteen
q Q5) days previous notice thereof shall be
:. given to each stakeholder. either person
Is ally or by depositing the same In the post
- office properly addressed. majority ol
- the votes east shall elect and each share of
ne stock shall be entitled to one vote to be
= east by the owner in person or by proxy
u The directors thus elected shall serve
- and continue in office for one year or nnil
u their successors shall have been duly
II, elected and shall have qualified; failure
~ to elect directors on the date above speci
az fled shall not dissolve the corporation
ne but the existing board shall cause another
e, election to he held within thirty days
NJ thereafter, whereof fifteen days prevlou'
10 notice shall be given.
I'll Any vacancy occurring in the officers OF
vi board from any cause whatever, shall b'
y filled for the uneXpired term by the re
naming directors. Any director who ma!
- be absent from the city of New orlean
- shall have the right to appoint an? stock
u holder Of the corporation to vote for hin
o. at any meeting of the board of director
nns ! and such proxy shall have and eNercis
"a "a all the powers Of such director appointing
~ him.
or \ majority of the directors shall con
~ y. stitut" quorum for the transaction OF al
~ business.
NJ The board Of directors shall elect fror
re- their number a president, a vce-presiden
-, a secretary and treasurer and such othe
lls officers they may think proper or con
ne venient for the carrying on of the col
VI porations business and shall have powe
me- to unite two or more offices or to dispens
&c, with any Office in their discretion and I
.u fix the salaries of all officers: agents an
ote employees: the said officers shall continu
VI. in office for one year from such electio
I s or until their successors are elected an
lne have qualified.
ac- Said hoard Of directors shall have fu
TO power and authority to exercise all II
oe powers conferred on this corporation 0
os these articles Of incorporation or whiC
re are or may be permitted by the laws a.
III plicabe to corporations.
The following persons shall constitu
nav the first board Of directors and shall ser,
o. until the first Tuesday in February 192
all or until their successors shall have be-
20 elected and qualified. viz: james A. Cler
a. ent. Joseph p Reider. and Thomas
., Wright. all of New Orleans, La, with q
cti said James A. Clement. as presideI
pnd Joseph p. Reider as vicepresident al
no Thomas T. Wright, as secretary treasure
lui- ARTICLE V-This act OF lncorporati'
af- may be amended, altered and modified
set this corporation dissolved in the mann
and provided by law and particularly in GO
ngs formity with said Act 261 of 1914.
| shareholder
,ora be held liable or responsible for the co
tracts or faults of this corporation in al
be further sum than the unpaid balance d
ults on shares of stock owned by him; N
for shall any informality in organization ma
her the effect of rendering this charter null
due of exposing any stakeholder to any II
pom hility beyond the unpaid balance due
iere his stock; nor shall any informality or
.eof regularity in organization have the eff'
rter of rendering any stakeholder liable as
to partner.
the The incorporators have set oppos
,ub- their signatures their respective address
and. the number of shares to which IN
ties have each subscribed. so that this act
A. INCORPORATION shall also serve as the ori
airy nal subscription list to the capital sto
,ses of this corporation; there being also
heo- pended hereto and made part hereof
sworn statement by all the stockhold'
and directors herein named, furnishing
80 accurate. detailed and itemiZed descrlptl
ST.. Of the property and good will transfer
St. to and accepted by said corporation
Y. subscribed by Messrs. James A. Cleme
bile Joseph 2. Reider and Thomas L. Wrig
Tort together with the appraisement thereof
ans. made by said stockholders and directo
that Thus done and passed, In my office,
,ora- the City of New Orleans on the q
was month and year herein first above writ
. in in presence Of Messieurs Louis Lion &
Raymond Mollere, competent witness
who have hereunto signed their mai
It, with the said appearers and lme. said
rder tary. after due reading Of the whole.
reby Witnesses: l.. Lion, r. Mollere.
o be (ORIGINAL SIGNED:
J. A. Clement, 2113 Audubon St,
". shares; T. T. Wright, 5616 Prytania
bile. % shares: J. p. Reider, 1904 Consta
ST., % shares.
- J. II. FORCELLE, JR
IRE Notary Pub
L. the undersigned, Recorder Of Nj
cans, cages. in and for the Parish OF Orle,
that State of Louisiana, do hereby certify I
h of the Act Of Incorporation Of the Wri
nine Furniture Company, Inc, was this
the recorded in my office, In Book 126S, 4
of -
ixth New Orleans, February 14th 1927 :.
no. (Signed): ROBT. SCOT
Or Deputy Recor
duly A true copy:
I'd in J. H. FORCELLE, JR