The herald., 1922-09-21

D. VI.
Notary Public
Aug. 3I-Oct g.
CHARTER OF
JAMES r. WILLIAMS, INCORPORATED
} United States Of America, State of Lou
iSiana, Parish of Orleans, City of New
Orleans BE ID Known, that on this the
18th day of the month of August, in the
year of our Lord one thousand nine hun
dred and twenty-five, before me, Albert
David HenTiques, Jr., Notary PUBIC
in and for the Parish of Orleans, afore
said. duly commissioned, sworn and quail
ifed and in the presence of the witnesses
hereinafter named and undersigned. per,
sOnally came and appeared the several
persons whose names are hereuntO sub
scribed, all of the full age of majority
and residents of the city of New Orleans
who declared that awaiting themselves
Of the provisions of the laws of this State,
in such cases made and provided. relative
to the organization of corporations. and
more particularly Act Ma 267 of the
General Assembly of the State of IOuiSi-
ana for the year 1914 approved July 9Th,
1910, they have cOvenanted and agreed
and do by these presents, covenant and
agree. bind. form. and constitute them
! selves, well as such other persons rs
may hereafter join or become associated
with them, in corporation and body pol
lite in law, and for the objects and pur-
poses. and under the agreements and slip
ulatiOnS following, tO-wit:
! ARTICLE 1.-The name and title of this
corporation shall be the James i. Will
| liamS. Incorporated. and under its cor
/ pOrate name il shall have and enjoy eN-
iStence and succession for a 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-
NAUTICAL 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 eX-
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
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 ex-
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.
1t 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
ana 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 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 10 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-
enter into. make, perform and carry out
contracts of every sort and kind with any
person. firm. association, corporation
(private or public), or municipal. or body
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 desrrip-
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 spe
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 (S10OOOO0 Dollars divided into
ana represented by one hundred CIOO)
shares OF the par value Of one hundred
dollars each. which shall be paid for in
cash subscribed to this corporation, or
Dy property transferred to II, or services
actually rendered to the corporation Such
STOCK when so issued, shall be fully paid
and worcestershire
The capital stock may he increased 70
m amount not to exceed fifty thousand
collars, and may be issued as a dividend
herein at the discretion of the stockhold-
ers, ana when the condition OF the corpor-
atlon permits II. The board OF directors
may also reduce the capital stock from
time to time from the earnings of the
corporation. by calling in proportjonal
part OF It's shares. to be selected by draw
lngs from among the stockholders re
corded In such manner as NAV he agreed
upon by the board of directors.
:, NO stakeholder shall sell or otherwise
uispose or his stock In this CORPORATION
without first offering the same in writing
10 the other stockholders who shall have