The herald. [volume] (New Orleans, La.) 1905-1953, 1922-07-13
CHARTER.
- CHARTER OF

H-snth Of Juned before me, William
ssd sPP Notary Public in ana Tor
oIs,ruepto. an-Isans' state OF LOUISIANA
parish Oh named persons, owl
y follO"ihsi sh.rt, Charles '. hIai.'
~ L; nncy and Joseph } SchenL-
- 4 paants of this parish; "hlcn
al res declared that meg
sppeasrSolders of the hg ,,I, $500 ne
~ sols CoMPANl' L Islaiufion fol-
SsIS1l!NSoO named in the T r5' aid AID sole
r,VorsnsVs., and were ~ said reso-
SOS S,s at the time oil 'Ne '"'1 'O
sa'n va -, appearers did then Sg %ert,ny
ne ssi1 declare that at IA T0I-iS9
al iOinu holders oi1 sKS LIMITED.
81 PRINIlNu, o.Wit. June D, lJ22, III
" this DAY, were all present Tue
- sppeAlei,,ion was UNANIMOUSLY
.sSssing re sOiiI the charter oil the
,a sSsHy, tO .%I.d That the charter Of
ResUt. PRINTING GONNA l.
y LOUlslASSa.. before Frederlck
glTED, xetsry Public Of the farlsh
.seL q Nue. Nue. At Louisiana, on Mdrch
orleans Irscorded in the Mortsdse
: 10. anu parish of Orleans IN bOoN
ne Of tH Oh, folio 49,, on March l.
e snended to reSo 90
mis- corporation shaiI De
ne nan. PRINTING COM ANh' IN
lDl blAs'1ED The cOfp1Id'i'"
OBPOh.',Ince for a period Oh hiI 10
he ess from this uate' o,.sr
lIt md il shall nave az ~, w in
s b-,hority regularly 1eS Us dom
S,.orati0ns Vi rity of New Orleans,
A. - organized for the
fbe conducting genera PLi"'ine,
,srDOse oil eoNa aus,raying, enclosing. anu
rsOgrsphins' hn|InpSs, and any lines OF
,ssk.DiRGinassa sntal thereto. Ii may, ltsei'
bsssess III, nv puplisning business.
sslss !" ARTICLE III .,r,o-,tion
ne Increased from the sum VI
B berry, ausand Dollars TO me sum
M unndred Thousand DOiidI2, W "
OE ..snted by one thou Ii.1-.d noIIoTs
2 ssfi Ssr value of one huH1'eu |
81 ..tnoIder shall sell or dispose OF
No SOFA This corporation without
~ w. Nin, offered the same LOT Sale
~. hArs ss- stockholders, by 4 letter
ihs S's tbs Board OF Directors OF
stsfsss.noration, naming therein ths
" eOnYYonosed price of said STOCK anu
ssel pSaJ terms Of sale. Alter hlteTh
e Pfvp o.o the receipt of such written
hys nS The failure Of the stockhOlIers'
1d - Them, as hereinafter proNIu'u'
d1,hsse the said stock upon the pro-
,s,ms of sale, or at least terms no
~ tbau those proposed, thS oM hel
.WS ~. stock shall then De at llpeI'S "
= inch stock for not less tndn III
% ,~,onosed price and upon the AN
~ pl "a terms or at least terms hot
np'',ss svorabIe to the purchaser dnan
neN .~hmitted TO the stockholders. lhls
nN an amply 10 each SPECIFIC SAFE OF
.,s.ased sale Of stock; - =,
FsSggss5 any stakeholder pledge any oI
y. ~ he shall Immediately hOtilS
n h.i,ing stockholders of the cOrpOr-
- The fact of such pledge, through
Nv H., addressed TO the Board OF Dlrec,
the corporation, in when shalI
!. xS,u the name and address OF the
80 together with copy CT the ACT,
:. issfrument, Of pledge ana before OF
an the default Of the pledgor 10 hlest
!, obligation for which ms stSch stanus
80. - ~ the stockholders of the corpOr-
- shsU be entitled to take up such
...s,ors obligation, and they shall De
ls,,'Sy .pecially subrogated to the rights
= ~ original pledge, or any subsequent
,Iigee, in all particulars. ~
'Ess,s the stockholders of the corpor-
~. are accorded either the right OF
..,sh..ing A shareholders stock or OF
,,1las mn his pledge obligation. as here
,..sogs set forth. such right shall deVOlVe
80 me said stockholders, first In the
,,snortion Of their individual holdings or
IN and then ratably among the re-
inning stockholders, should any partlc-
I'M stockholder not elect TO exercise ms
INT. and so on, until the right snall
,rsip In one stakeholder, IL all other
sskholders should decide not TO exercise
he night.
ne corporation shall make no transfer
4 stock where the provisions of the fore
ming paragraphs have not been fully
somplied with and the corporation shall
,l,o be entitled to demand, and shall SO
Ssnsnd Of both the seller and the pur-
chsyr Of stock in all cases, before max
hR 4 transfer Of stock upon the books
fine corporation, an affidavit as to the
mount truly paid for the stock and facts
hoving the entire bona fides of the trans
itea.
ne shares Of stock of this corpor-
rsn shall be transferable only upon the
ssoks Of the corporation, and no transfer
any stock shall be binding or have
ny effect upon the corporation unless
nd until made upon its books; and a
pnm lien on all shares of stock snail
\ rtained by this corporation on the
rxk Of any shareholder for any indebt-
taess secured or unsecured, however
rdeneed or created, due at any time 10
he corporation by the holder of stock,
nd no transfer Of stock shall be made
eontrayentiOn Of these conditions.
ARTICLE Nv
The management and control OF the
hs'ness Of the corporation shall be in
u hands Of a Board OF Directors. COM
ssed Of three persons, to be elected oy
n stockholders from among their num-
w. and two members Of the Board shall
oastiiuie q quorum for the transaction
business. The Board shall elect the
s1ess Of the corporation, who shall be
President, vicePresident, Treasurer, and
sSr'tiry, which last two positions may
= combined in one person. The first
s'e ofncers shall be members III the
s.sn, but the Secretary need not be.
ne regular meeting of the stockholders
" ne election Of directors shall be held
me second Wednesday of January in
"a year. unless that day be a legal holt
W. when the meeting shall be held on
" next succeeding day, not a holiday.
saues on the Board at any time may
hlled by the Board until and unless
= Soekholders should themselves elect
~ the vacancy.
~ ues may be given by both stock
.sefs and directors, but they must he
. sntng and filed with the Secretary
NE corporation.
~, Mn'eelors and officers Of the corporation
81 Ill remain In office until their sue
sn are elected and qualified.
-. ~ employees Of the corporation shall
y. neif positions subject to the pleasure
Board Of Directors.
|. board OF Directors shall be entitled
Z. ~. an bylaws. rules and regulations
80 sAe corporation, and the transfer Of
= ~ hot inconsistent with the provisions
,,,,sa s smarter or any provisions Of law;
~,,aeu the stockholders may them
~. saopt, amend or modify any by
H.. regulating the meetings or the
'" OF stockholders.
h,... ARTICLE V
~ shess OF any character whatsoever
rs,,s usneacted at the regular annual
n ~ OF the stockholders, to be held
p,,;s.i second Wednesday Of January. as
4, ~, In the preceding article; but
Is,d.,.a special meetings OF the stock
y ri,.,1 least fifteen days notice shall
N, AN. each stakeholder by a notice
n &C., IN writing by the Secretary or
b "A. y. OF the corporation, addressed
a - AockhOldpr AZ his last Enoyn nIaca