The herald., 1922-11-16
CHARTER

hypothecate and pledge property, real
| personal and mixed, corporeal ana IN
corporeal; to name and appoint such
| managers, directors, officers, agents
| and other employees as its interests
| and convenience may require, and 10
| make and establish, as well as after
| and amend, from time to time, such
| bylaws, rules and regulations as may
| be necessary and eXpedient for the
proper management and government OF
| the affairs of said corporation.
ARTICLE 1.-THE domicile of this
corporation is hereby fixed in the City
! of New Orleans, State or louisiana
and all citations or other legal process
| shall be served upon the President OF
! this corporation, or, in his absence
| upon it's Secretary-TreaSurer, or Vice
| President
ARTICLE III-The objects and pur-
| poses for which this corporation is or
| ganized and the nature of the business
| to be carried on, are declared to be: To
| buy and sell, handle, make and manu-
| facture furniture, OF every character
and description; to buy and sell in re-
| tail or wholesale, rugs, carpets, flooI
| covering of all kinds, ornaments and
| toys, and generally all household goods
! and effects of every kind and descrip-
| ton, and to establish branch stores In
| other Parishes of Louisiana to carry
| on said business, and generally to dc
| and engage in any other business, un-
dertaking or enterprise connected with
! germane or incidental to the objects
| and purposes hereinabove set forth OF
| completed by this character.
ARTICLE IV.-The capital stock OF
| this corporation shall be ten thousand
dollars (sl0,000.00), divided into and
! represented by one hundred O0O)
| shares of the par value of one hun
dred dollars (s100.00) each, to be paid
in cash: which capital stock may be
increased to twenty-five thousand dol
lars (s25.OO00O). which stock shall be
paid for in cash or in property or its
| equivalent; or, if not in cash, then the
Board of Directors of this corporation
! shall determine the value of such equiv
alent offered.
| ARTICLE V.-All the corporate pow
ers of this company shall be vested in
and the management and control of its
1 affairs shall be exercised by a Board
| of Directors composed of three stock
| holders. majority of said directors
| shall constitute a quorum for the trans
| action of all business. The directors
shall be elected annually by the stock
| uary in each year. Each stakeholder
shall be entitled, in person or by proxy,
to vote for every share owned by
him, and all elections shall be held
| under such rules and regulations as
may be determined by the Board of
| Directors after fifteen days notice by
mail of such election shall have been
! sent to each stakeholder at his last
ballot. The directors thus elected shall
! continue in office for one year. or un-
til their successors shall have been
duly elected and qualified. Any va
cancy occurring on said board shall be
| filled by the remaining directors for
the unexpired term; the said board
shall likewise elect the additional
members in case they should deter,
| mine to increase the number of said
| board; and all officers and employees
| shall hold office at the pleasure of the
board, and all officers. directors and
| employees shall also hold office at the
| pleasure of the stockholders, who may
| displace or elect the successor of any
| one or all of them at any time at a
meeting called for that purpose by no
! tice delivered personally to each stock
holder or deposited in the postoffice
addressed to each stakeholder at least
| five days before such meeting.
| The President may at any time call
such meeting. and If the President OF
! officers of the corporation refuse OF
| fail to call such meeting when re-
i quested by the holder or holders of ter
per cent of the capital stock outstand
| ing, then such holder or holders OF
stock may personally. or through
proxy. call such meeting to be held al
the office of the corporation. If fol
any reason the use of the office of the
corporation Is refused, or ii cannot bs
used for such meeting, then the caller
or callers of such meeting may, actinl
either personally or through proxy. ad
Journ said meeting elsewhere and Their,
hold it.
The first Board of Directors shall b,
composed of Isaac Weiner, whose post
office address is 139 Delaronde street
New Orleans, louisiana; BENJAMIN
Bienn, whose postoffice address is 20
Delaronde street. New Orleans. Lou
office address is 403 Olivier street, New
Orleans. Louisiana, with Isaac Weinel
as President. Elias Weiner as Vice-Pres
ident. and Benjamin Bienn as Secretary
Il Treasurer.
i ARTICLE Win case of dissolu
ton. liquidation or termination of thi:
charter by Limitation or otherwise. tn,
affairs of the corporation shall b,
liquldated by one or more liQuidator.
elected by the stockholders. who ma,
and vest them with such power and
authority as may by law be permitted
i fix the terms and conditions upor
which they shall serve and their com
pensation, and provide that in case o.
death or disability Of any one of sale
liquidators the remaining liquidator,
may fill the vacancy or continue Il
act on behalf of the CORPORATION.
ARTICLE Vino stakeholder shall
be liable or responsible for any costs
poration. or any of it's officers, moi
shall any mere informalfty in organi
zation have the effect of rendering thi.
i charter null and void or of exposinf
any stakeholder to any liability beyonC
the unpaid balance due on the stool
held by him.
4 ARTICLE VIII-This charter may
be modified, changed or altered or sale
corporation may be dissolved with tn,
assent of stockholders owning two
thirds of the entire capital stock at
general meeting of the stakeholder.
convened for that purpose after fiji
teen days written notice shall hav,
been given to each stakeholder, mailed
to him at his last known address.
i ARTICLE IX-No stakeholder shall
sell his share in this company without
having first offered the same to tn,
Board of Directors. And said boart
shall have the right to purchase tn,
same for the benefit of the other stock
holders within ten days thereafter a
the book value as shown by the las
annual statement.
There shall be written or printed
across each certificate of stock "Thes,
shares shall not be transferred excep
in the manner required by the charter
and bylaws of this Company"
ARTICLE X.-The names and post
office address of the subscribers O.
these articles of Incorporation and
statement of the number of shares o.
stock which each agrees to take in tn,
corporation. are: Isaac Weiner. 81
shares, 139 Delaronde street, New Or
leans. La; Benjamin Benin, IS shares
2O7 Delaronde street, New Orleans, La
| Elias Weiner. s shares 403 Oliyie
street, New Orleans, La.
Thus done and passed in my office
| In the City of New Orleans, on the da,