The herald., 1922-10-05
CHARTER OF
b. r. FINNEY CO., INC.

on this the 9th day of the month OF
September, in the year of our Lord.
one thousand nine hundred and twenty
two, and of the independence Of the
United States of America, the one hun
dred and forty-seventh, before me, Felix
Wilfred Gaudin, a Notary Public IN and
for the parish of Orleans. state Of Lou
isiana, duly commissioned and qualified,
and in the presence Of the witnesses
hereinafter named and undersigned, per
sonally came and appeared the follow
ing persons whose names are hcreuntp
subscribed, together with the amounts
of the respective subscriptions to the
capital stock of the corporation TO De
formed, who severally declare that,
awaiting themselves as well as such
other persons as may hereafter becom"
associated with them, or their success
sors to foNm and constitute themselves
into a corporation and body polite III
law for the objects and purposes and
under agreements and stipuldtions fol-
lowing, to-wit:
ARTICLE l. The name and title OF
this corporation shall be r. Il. Flnney
Co, Inc, and by that name sald cor
poration shall have power and authority
to have and enjoy succession for the
full term and period of nlnety-ninc
years from and after the day and date
hereof; to contract, sue and he sued;
to make and use a corporate seal and
to break and alter the same at pleasure
to convey, sell, borrow, pledge, mort
| gage and hypOthecate under its cor
and mixed; to name and appoint such
/ officers, directors agents and man
ayers or employees as the interest or
convenience of said corporation may
require; to make and establish bylaws.
rules and regulations for the proper
management and regulation of its af-
/ fairs, as may be deemed necessary and
proper and the same to change anu
| alter at pleasure; and to do all other
: acts and things permitted by law as
shall or may hereafter be necessary
and proper to carry out the objects ana
purposes of said corporation.
ARTICLE ii. The domicile of said
| corporation shall be in the city OF
| New Orleans, state of Louisiana. and
all citations and other legal process
shall be served upon the President or
| said corporation; and in the case or
his absence, upon the Vice-President-
/ Treasurer; and in case or the absence
of both of these officers, upon the
Secretary thereof.
ARTICLE III. The objects and pur-
poses for which this corporation Is
organized and the nature of the bust
ness to be carried on by ii are declared
| to be that of general church supply
and religious article business, the SAFE
| of rosaries. prayer books, pictures
statues. medals. artificial flowers, can,
dies, oils, incenses. vestments. sacred
vessels, and any and all articles per-
tanning to churches and religious sup
plies; and in the conduct of said bust
ness to employ agents and generally
to do everything and anything belong
ing to or in any wise connected with
the objects and purposes set forth
ARTICLE " The subscription for
and the ownership of all stocks in this
corporation are made and taken upon
the conditions that any holder OF stock
desiring to sell the same shall first
offer his stock to the corporation 80
the then book value thereof. and the
corporation shall have thirty days with
in which to exercise it's option TO pur-
chase the same. On it's refusal to
purchase such stock at said price
ten days to exercise their option 10
purchase such stock katk said price
After the expiration of such time the
stockholders shall be free to make any
other sale of their stock.
ARTICLE V. The capital stock of
said corporation is hereby fixed AT
the sum of Seventy-five Thousand Dol
lars (s75,000.00), divided into and rep
resented by Seven Hundred and Fifty
(75O) Shares of the sum of One Hun
bred Dollars (s10O.00) each, which said
stock shall be paid for in cash at the
time of subscription, or same may De
issued at not less than par, in pay
ment or exchange for property or right.
actually received or purchased by said
corporation.
ARTICLE VI. All the corporate pow.
ers of this corporation shall be vested
in and exercised by a Board of Direc'
tors consisting of three stockholders
and two members of said board shat
constitute quorum for the TRANSACTION
of all business. and their decisions
shall be valid corporate acts. They
, shall have full power to enact bylaws
fixing the duties of the various officer!
and rules to govern the management
of the corporation.
The following persons shall consti
tute the first Board of Directors: JONI
G.. Finney, President; NJ. A. Ffnney
Vice-President and Treasurer, and NJ
G. Finney, Secretary. During the alb
sence or incapacity OF the Presiden
. the vice-President shall act and pre-
side.
Said board shall continue in offic
1 until the third Monday in January
, 1928. on which date their successor
? shall be elected, and thereafter annu
E ally a Board of Directors shall b
= elected on the third Monday of Januar,
= of each year. unless the same shall b
r holiday, when the election should b
held on the next legal day thereafter
Notice of such election shall be MALE,
s to the last known address OF eacI
r stockholder at least ten days befor
. said election. Said election shall b
$ presided over by, two persons selecte
] for that purpose by the Board OF Direc
r tors. and they shall certify the result
e of the election and deliver the certifi
: cate to the President, who shan ca
;. meeting of the newly elected Boar
4 of Directors within five days after re
s ceiving said certificate OF election. "A
r the first meeting of the new boar
: atter tne eleCllOH lhtS otitN
: from among their own number Pres
= ident, a Observation-Disclosures, an
= a Secretary. Any vacancies occurrin
q on the Board Of Directors shall b
9 filled by the remaining directors. An
4 failure from any cause whatever [
n elect directors, the day named for tina
: purpose shall not dissolve the corpol
3 alton The directors then in office. a
= we'll as the officers of said corporation
4 shall hold over until their successor
V are chosen. In such event the Pres
= dent shall cause another election
!, be held within thirty days and sha
l. give notice thereof as hereinbefore PR
4 vided. Each stockholder shall be entitlt
n to one vote for each share OF stoC
e standing in his or her name on Il
" books of the company, and may vo
m by proxy. Election of directors sha
s. be by ballot. and the majority
y amount of votes cast shall elect u
D. person or persons for whom they ha'
been cast.
=, ARTICLE VII This act of co
;, poration may be changed. modified
d. amended. the capital stock increased
\ decreased, or the corporation may
- dissolved at a general meeting or q
n stockholders convened for that purpo:
% with the assent of three-fourths OF Z
=, entire capital stock, whether prese
~ or represented at such meeting.
=, meeting for that purpose shall be co
J. request Of stockholders represent
Ir one-tenth or more OF the. total capl'
e. stock