The herald., 1922-12-14
CHARTER

shown by certified copy Oh the saiu
resolution adopted at said meeting h mn.of
to appear for the purpose OF aneh En,1,
the charter of the said crescent Deu |o'
pany, Limited. . oorors Peter
~ Sr President and Peter Jung, Jr-'
Serretary' respectively, of the SAID ores
cent BED Company, Limited, actlng, ~ y,
thr capacities aforesaid ana on pena I ;n
the said corporation py inferred upon
them at the aforesaid special meeting vi
Stockholders of the Crescent Deu ,ioias
pany. Limited. do declare that Ar.i' az
One %, Two S2); ih nhsrte ep'. Of the said
crescent Bed Company, Limited, as passeu
before Alloy sius J. Cahill. notary p9ott
in and for the parish OF orleans 1a In
Nov. p 1900, and Article Three 20 Oh Ine
charter of the Crescent Bed Company
limited. as amended by act before VII
liam +. Brewer, notary pubic IN anu
for the parish of Orleans dated rnSa3
iS 1907. has been changed and amehueu
ARTICLE l. The name and tue S 1e
the corporation hereby formed snaIa ID
the Crescent Bed Company. lh i,O pS New
orleans. Louisiana and 1t shall have ana
enjoy succession for period OF nv
wears from and after the date hereoI;
unless sooner dissolved U! no,ice
tn rec -fourths of the stock, after n ,,uee
to the stockholders shall have been give"
in writing. .to, shoIl
he the proper person upon whom All cita
tions and other legal process shail DC
served: and in The event OF his death,
absence or inability to act from any
cause. such service shall be maze upon
This corporation may have seal WIN
such Inscription and device as may De
selected by the Board of Directors.
1t may sue and be sued In lts corpora av
hnlh v.
mortgage and hypOthecate real ana per
sonal property to the amount allowed ID!
ARTICLE III. The objects and pur-
noses for which this corporation is organ
lied and the nature of the business 10
be carried on by it are hereby declared
to be-:
First. To manufacture, deal in and TO
beds Of every kind and description
springs, furniture. household effects, NIX
lures and furnishings, metal castings
hardware specialties and other manuiaE
SECOND To manufacture. deal in ana
to buy and sell metal pipe and piping
tubes. rods bars and other metal prod
ucts, either wholesale or retail
Third. Do carry on any business and
all businesses as producers and manu-
facturrrs- and to that end TO produce
adopt prepare. buy, sell. MANUFACTURE
and otherwise deal in any and every klnu
and description of commodities materials'
tools. machinery, articles and things re
onired or necessary in connection with
or Incidental to such business Ut ousi
nesses or enterprises.
Fourth. To make and enter into all
manner and kinds of contracts. agree
ments, UNDERSTANDINGS anu ooms natnrai
and with individuals and persons; natural
artificial or political, firms ana corpor
ations for the purchasing ana acquiring
and holding, manufacturing, deaHhg III
and selling or 9tnerw aSent nnon com
mission or otherwise, with full power
and authority to perform ana eAecu.e
any and all acts connected with or aris-
ing therefrom or incidental thereto.
Fifth. To deal in, receive, purchase,
bny. acquire have, possess and hold by
whatsoever title. movable anu INN 1 Sind
property OF every description ana sihu,
and to reclaim landed property ana TO
improve the same, and to sell. transfer
convey, exchange, mortgage lease SUI
sixth. To deal in, own. hold, have,
.couire deyelop and promote business,
factory and residential sites and sections.
seventh To deal in, buy, sell, acquire
have. hold and own bonds, notes. secur-
tiles and other obligations.
Eighth. To engage in the business Of
and to make and enter into all manner
and kinds Of contracts. agreements uhuel
standings and obligations by ana WIN
any individual, person, natural or aru
fetal firms and corporations, for the con-
struction and erection, building and com
pleting of factories. warehouses, puliolngs'
depots, apartments. residences stores
hotels. streets. roads. highways. drainage.
sewers canals. levees. entertainments ana
other work or works of any nature or
kind, and FOR incidental or in any way
with the objects ana purposes
herein set forth, and generally to DO
general contracting business.
Ninth. To carry on and undertake any
business. undertaking or operation as
merchants, commission merchants, FAC
tors. importers. exporters. man9faetu,r,eers,
agents freight brokers. forwarding agents,
without limitation. in such
and to the same extent as nat
ural persons can do and In the course course
and procure credit for the corporation
or any person. firm or corporation Win
whom this corporation shall or may
enter into or do business with, and In
the course of said business. undertaking
or operation this corporation Is author
lied to draw, accept, endorse, guarantee,
acquire, sell, deal in. hypothecate, pledge
and dispose of any and all negotiable
and transferable documents and securi-
ties Of every nature and kind.
Tenth. To deal in, have, hold, own,
build. construct, erect. lease, purchase
and otherwise acquire: establish and
operation Of factories, warehouses, build
ings. depots, structures, accommodations.
residences. stores, boarding
houses and hotels, works, plants, machin-
cry and all things whatsoever of every
nature and kind.
Eleventh And to do all things neces-
sary and incidental to the carrying out
Of the objects and purposes for which
this corporation is organized and for
such purposes to engage in business in
the state Of Louisiana and within any
other state or territory, or possession Of
the United States of America, or foreign
that will permit the same.
ARTICLE III. The capital stock OF
this corporation Is hereby increased and
declared to be the sum Of One Million
Dollars I. 81 600 10000, represented bE and and
shares, of the par value OF Fifty and
90 400 Dollars ($5O.0O) each. payable in
cash or its equivalent at not less than
par.
ARTICLE ". The corporate powers
Of this corporation shall be vested in
and exercised by a Board Of Directors.
composed Of not less than three stock
holders nor more than seven stockholders
Of this company, each Of whom shall
Of the firm Of which he may be a mem
ber at least one ~ share Of the capital
stock, who shall be elected annually, n
majority Of whom shall constitute a
quorum for the transaction Of business.
and such directors so elected shall serve
until the next annual meeting or unit,
their successors in office have been duly
elected and qualified.
The number Of directors to serve on
said board during any ensuing year shall
be fixed and determined upon in confor-
nifty with the provisions hereinbefOre
stated at any meeting Of the stockholders
called OF convened for the election OF