The herald. [volume] (New Orleans, La.) 1905-1953, 1922-03-02
CHARTER.
CHATTER OF co INC.

ibs "a and tWentss United States of
bsbssSeuce Oh hundred and tort!
eesrica, the " STAMPS FAKRAh, i
w before only commissioned sNorH
s,,.ry PUBIC IN and for the farish ol
"a QBalnee az louisiana theTeih ~,
S,IeaBs 90 IN the presence Oh III" v,Jar-
.dIDg, a nnncrsiuafter nameu ,nnsared
ussssss Tnsfsonally came anu names are
sgnee,, persons hn re- me severally
pp'ssupto supsaysiling themselves Oh the
ssared tnat safe of Louisiana III suCh
Us Of the nd provided, ana Particu
- made provisions OF Act 90 u
..,Iy with 'ne General Assembly Oh tAe
- Acts OF isiana for the year Iolf' as
ssie Of Ly ,hey have coVehahteu nn
spsndea, 40 b. these PLeseu'o Ill
.greed sns and bind themstN 49, FIR ioin
sat- Vss,rh persons as may Inn to con-
!, become sorm a corporation and Douy
ss,tule ana ~ for the objects ana put-
saitie In "a" Asr the articles ana stlPu-
I.es and uattar SEQ forth ana eA-
I'riOns nels snh they hereby adopt as tue
srssd, wh !SIs corporation, to-wlt:
aarier o. o. The name ana style %
ABIlCLra shall be HAkNlo Lo 1ai1
his eOrP%o INC, and under us saiu
PAW name it shall nave anu s"y To-
cslP.s,s existence auu % ninetv-nine
ssrpofss .orm and period Oh NINETY -nlte
M full Term nu, and after the date hereof
Iel years nc and be sued; 10 MAKE
10 eOntrac" .ornorate seal, and the same
aud use hreak at pleasure; 10 holu'
% alter ane purchase and convey as
psi5s a,tgage and hypothecate prop,
veil IS nv nsrsonal or mixed, cOrpOreal
9y' I'o-noreal; 10 own ana hoit Suo o,As
sbt ineva MI AZ other corporations, 10 nanne
ana vVOnoiut such managers, con-
snd appoi usscers as its business or con-
tors and ON reouire, and TO make ana
fenence No: well as alter ana amend,
sasbIish "a time. such bylaws, rules
from une .,;ons for the proper govern
and regu ~ affairs of said corporation
nest u ~ necessary and proper.
na! ct ~ m. The domicile OF sald
Akllss,n shall be in the city OF Ne"
eaipOIasf STATE Of Louisiana, ana an Slta-
VfeAl "a other legal process snah
pen .d upon the President Vi Sn tha
sfvea sP I'M his absence upon the
Pornon, ,ssnt thereof. or in the absence
Tee-r WITT, osscers upon the Secretary Oh
sin py yy,yE III. The objects ana pur-
Aklis .-hich this corporation Is organ
poses y, sstahlished. and the nature OF
fea an 10 be carried on Dy IT, are
p l...hT declared to be: nr.oc-
~ carry on the business Oh man . .,
,.,',s dealers in and importers anu cd
ui.ls, ~ pianos, organs, music anu
pnels, ,n.trnments and otherwise, ana
nssN n,r and every other article anu
ie 18th NAV now or hereafter De
nng ,sa,Ir manufactured. sold or dealt
toh'eA' eSnsaction Herewith or otherwise
haannfacture. produce, buy, sell, I'M
Ia export, let, hire, deal In ana
~, with musical instruments Oh All
esL snI any and all parts thereon
10 manufacture, buy, sell, import anu anu
deal In and deal with any ana
apy t,,as Of machinery, materials, sup
~ AZ. imnlements, articles, appliances
w. ss,.ncss and fabrics incidental to or
.'ssas into the manufacture or the
sny part thereof, and used In
n1a...,son herewith, all to effectuate the
.S,ss,s and purposes set forth IN this
- hun. sell, import and export sheet
rasIc. musical scores, and generally 70
All in all kinds OF printed music anu
rasies compositions.
AspTicIE ~. The capital stock of this
,.,asrstiou is hereby fixed at the sum
y Twsntv Thousand Dollars (S2O,OOO.OO),
s,v,dsd into and represented by two hun
s.S f9oM shares of stock Of the par
s,,ss or One Hundred Dollars (s1OO.OO)
ssA said stock shall be paid for In
e,sb Al such time, in such amounts ana
str such notice to the subscribers as
nav be- fixed by the Board of Directors,
Il ths same may be issued at not less
,ssp par for labor done or property act
r,IIv received by the corporation.
The amount TO which the capital stock
n this corporation may be increased
si,i be the sum- Of Fifty Thousand Dol
hrs (SoO0000).
Ia sockholder shall have the right to
MI or otherwise dispose of any stock
q this corporation without first Offering
tie sane In writing to the Board OF
Directors OF this corporation, through
Its President which Board shall have ten
mol days within which to accept or re-
fue ne offcr, but said Board Of Direc-
tou shan have the right to purchase any
stock 50 offered or any part thereof at
IT. book value, irrespective of what price
nay have been offered for said stock by
anyone should said Board Of Directors
fsil 10 avail itself Of said privilege within
said period Of time, the said stock may
be offered and sold to any other person
Article Y. All Of the corporate pow
n Of this corporation shall be vested In
and exercised by a Board of Directors,
composed OF FIVE 90 stockholders, three
~ Of whom shall constitute quorum.
Ald directors shall be elected annually,
On the first Monday in March Of each
yssr. At q general meeting Of the stock
lolders except the first Board Of Direc-
nn which shall be elected at the first
netting Of stockholders to be held on
February 18th, 1922. at 10 a. m. at 1901
hb<nia Bank Building, who shall hold
hdf Offices until the first Monday In
+ Arch, 1873, or until their successors shall
have been duly elected and qualified.
an such elections shall be held by bal
VI and conducted at the office of the
esperation under the supervision Of two
2 commissioners to be appointed by the
eard u Directors. Notice of such
Meeting and Of ali other stockholders
nseslngs shall be given in the manner
Prescribed BY law. and when so pre-
cnbed. then written notice of such
nRung shall be deposited at least fif-
m ll5) days prior to the date of such
seeuny In the -postoffice Of the City of
nw Orleans postage prepaid, properly
addressed g each stakeholder at his last
HeW residence or place Of business.
an such elections and at all cor
perais meetings every stakeholder shall
sautled to one vote for each share OF
spek standing In his name on the books
ne corporation, to be cast by him In
tl or By his written proxy, and q
on'y OF the votes cast shall elect.
vacancy or vacancies occurring
49, ne directors by death. resigna-
~. y Otherwise shah be filed by cleo
Ssj.,ss ne unexpired term by the re-
xe nilure to elect directors on the
s. move specified shall not dissolve the
uon. nor impair its corporate ex
49, OF management, but the director:
~. efnce shall remain In office until
vceessors are elected and qualified
board Of Directors shall, annually
A.. nnt meeting after election, cleo
~ m own number a President, on,
te tice-Presidents, a Secretary ant
a. sSi or It may elect one person
M ~ Dc both Secretary and Treas
1S,s y need not be member Of tn,
~ ~ directors. The Board Of Direc
s'e ~ also elect one or more assistan
IN = 3 neither Of whom need be mem
eoS<sss1e hoard or stockholders in thi,
al sskn' The Board OF Directors
IL ,ncss power and authority to nam,
~ spSnt al such other officers. agent
pIeyees a. NAV be daemai nscas