The herald. [volume] (New Orleans, La.) 1905-1953, 1922-08-24
CHARTER OF ii. ii. LAwLER & COM
PANN, INC.

II PANY, INC.
: United States of America, State of Louis
u lana, Parish of Orleans, City of New or
p leans, BE it known, That on this 18th da
of the month of July, in the year of on
I Lord one thousand, nine hundred an,
g twenty-five and of the Independence o
the United States of America the one hun
; dred and fOrty-siXth, before me, Charlie
+. Fletchingcr, a notary public duly com
! missioned and qualified in and for tn
Parish Of Orleans, State of Louisiana
, therein residing, and in the presence O
the witnesses hereinafter named and un
d"rsigned, personally came and appeared
the several persons whose names are here
: unto subscribed. all being of the full az,
of majority, who severally declared that
awaiting themselves of the provisions OF
the laws of the State of Louisiana re-
lating TO the organization of corporations
they have contracted and agreed and dc
by these presents contract and agree and
bind and oblgate themselves, as well as
all SuCh persons as may hereafter becOm,
associated with them, to form and con.
stitute corporation and body polite in
Jaw ior the purposes and objects and un-
utr the supulatiOns. articles and cOndi-
tons following, tO-wit:
ARTICLE 1.-The name of this corpora-
ton shall be ii. Ii. Lawler x COMPANY
Inc, and its dOmicile is hereby estab-
hshed In the City of New Orleans, Parish
OF orleans, State Of Louisiana, and it
shall have and enjoy corporate existence
for period of ninety nine years from
The date hereof, unless sooner dissolved
IL shall have power to contract sue and
De sued: TO make and use a corporate
SEAL and the same to break or alter at
! pleasure; to purchase, acquire. lease,
hold, mortgage, pledge, sell or transfer
under Its corporate name all property of
evey kind. real or personal; to make and
endorse bills of exchange and DromisSorv
notes and to issue bonds, to make all
] necessary rules and regulations for its
corporate management and control, and
10 ENJOY all the rights, privileges and i'm
| munities which are now conferred mon
| or may hereafter be granted to corpora
tons of the same kind and character
| ARTICLE An citations and ether
legal process shall be served upon the
/ to act upon the vice-president.
ARTICLE III-The objects and mr.
poses for which this corporation is Or
ganized and the nature of the business to
De carried on by it are declared to be:
dealers. commission merchants. brokers
ana exporters In cotton of all descrip,
tions, and other lawful merchandise: TO
enter into all contracts, agreements or
ehSagements or incur any obligations con
nected with or appertaining TO said busi
ness 10 establish branches or agencies at
any place or places and to carry on amy
part OF its business and exercise any part
eign countries.
ARTICLE Iv-The capital stock of this
corporation is hereby fixed at the sum
OF one hundred thousand (s1O0.OO0) dol
Idrs' divided into and represented by one
thousand Q.000) shares of the mar yolue
OF one hundred (S100) dollars each, all of
which shall be common stock. The cor
poratlon shall have the privilege of in
creasinS the amount of its capital stock TO
Two hundred Thousand 5000 OOO) dollars
Inc said amount of S106 900 shall be fully
PAID In cash at the time of the Organi
s shf} OF TINS corporation and said stock
IL
stock shall be binding upon the cornoro-
lion, unless recorded upon its books.
NO share holder of this corporation NAV
nahuIy aIenate any of his stock in any |
manner unless he shall have previously !
oHered the same at its books yalue 90
cording to the last annual statemant Of |
the corporation, to the other stockhoIders
.nereof, in writing, through the secretary
s sO Upon receipt of such offer, the |
secretary treasurer shall promptlv Give
written notice to each stockbolder of tho
corporation at his last known address
statlng the number of shares so offered
ana the price thereof. Each stakeholder
receiving such notice shall have tbo mi;
lege of bidding for all or anv mart nf
such stock so offered for sale at IFS said
book value, by mailing or DELIVERING RI
s t, secretary-treasurer a bid in writing
therefor, but failure to bid therefor with
In ten days from receipt of sncb notico
shdIl De equivalent to a refusal to mr. |
ehase. should the number of shares hid l
lor oy various stockholders exceed the
number of shares offered for sale ri. nf |
Tered shares shall be distributed omonp
me participating stockholders in nronor
non TO the number of shares then held Nv
mem respectively. ~
Each share of stock shall entitle the
~ h, .nereoI 10 cast one vote, in person
VI oy proxy at all stockholders meetings
The parties hereto declare tbot tn.
ave subscribed for the number of shares
u the capital stock of this corporation set
opposite their respective names. So that I
,ris,; ACT Oh incorporation shall serve as an
'rleihaI subscription. but prior to the }
pehlng or the books of the CORPORATION
M the hxing Of book value on the |
t9ck, any Of the said stock so originally S
NJ Sr rnpe Ior may be transferred with c
ARTICLE V-The business and affairs \
I TINS corporation shall be managed and Y
onuucted by a board Of not less than Il
hree nor more than five directors. as de- =
1 naI no by the stockholders, at the an y
seockholders. The majority of directors o
'HIs corporation present at any meet
~ III person or by proxy shall consti- :
- quorum, and majority vote of y
nose present In person or by proxy shall a
ecide all questions voted upon. Said al. e
rctors shall be elected annually from G
Inong the stockholders on the second q
10 SAY OF August Of each year. unless
re election shall be held on the next To-
al day thereafter. beginning on tbo Il
,cond Monday Of August. 1929. and after s.
Iteen days prior written notice having IL
cen mailed to each stakeholder of record p
ms last known address The voting Il
laii ne by ballot and each stockbolda1 S;
lah De entitled to cast one vote o. el
zen ;, snare held by him which has baen Il
anding in his name on the hooks 90 thn p
for at least ten davs nrinr n
the date of the election. A mainrity II
the entire stock issued and outstand nj
z voted at such election shall elect I'm. p
eulately after the election of said hoard | ~
directors and the adjournment ~ tba al
ockholders meeting the newly eIectad SO
'ard or directors shall elect from amono
elr number the officers of this cornora p'
Dn who shall be president to Ie
esiuent and secretary treasurer. Ia
Inc failure to elect directors or offjcors &c
nereln provided for shall not resuIt an | IN
e dissolution Of the corporation but tho al
en- board of directors and Officers sbaII ey
III their respective offices until tbair tr
ecessors are duly elected and qualified In
special meetings of the sbareboIde-s &c
ay ne held when ordered bv the hoard ~
directors and must be held upon tbe ~,
quest or not less than TWENTY-FIVE nor 90
NJ. or the outstanding stock after fifteen 80
vs. written notice to each stockhoIder H.
itng the object or objects of said meet nv
:. ANY vacancy occurring on any hoard ~,
directors shall be filed by the remain AZ:
members Of said board for the unex | ~
-ed term, at meeting called for that a.
rpose aften ten days prior written no. e.
2. tne director or directors so elected A.
mold onice until the next animal stoct ~,