The herald., 1922-06-01
CHARTER.
Louisiana, and all citations shall be

a, a
as the law directs.
ARTICLE III-The objects and pur-
poses for which this corporation is or
ganiZed are hereby declared to be to
engage in the handling of furniture,
household goods, rugs, carpets, orna-
ments, toys and any other merchandise
that this corporation may desire to en-
gage in; to handle any and all of the
above articles and to buy and sell in
wholesale and retail quantities; to es-
tabiish in the City of New Orleans or
elsewhere branches, to manufacture
furniture or household goods or in
other articles above mentioned; and
generally, to engage in any business
connected with OF appertaining to or
growing out of the above business.
ARTICLE IV-The capital stock of
this corporation is hereby fixed in the
sum of fifty thousand dollars $50
0O000) and may be increased to one
hundred fifty thousand dollars (Sl50,-
OOO.O00); said stock is divided into and
represented by five hundred (500) shares
of the par value of one hundred dollars
(Sl00.O0D each; which said stock shall
be issued for cash or for property or
for other rights purchased: there shall
be no issue of preferred stock.
ARTICLE N-All the corporate pow
ers of this corporation shall be vested
in and exercised by the board of direc-
tors, which shall be composed of four
ca members who shall be bonafide
stockholders in said corporation; it
5
bers of the board be present and voting
at any meeting in order to constitute
quorum for the legal transaction of
any business; the first board of direc-
Emma Kahn Klein, 1929 st. Charles
Ave: CD Leon Klein, S06S Burthe
Street; CD Herman Levy. i239 :. Car
rOlltOn Ave; 60 Simon Klein, $500 ST.
Charles Ave, and they shall hold of
fices and serve until the End day of
January, 1928. and thereafter until
other successors shall be duly elected,
and qualified. The board of directors
shall he elected by vote of stockholders
of the corporation at a general meeting
called for this purpose to be held on
the second day of January of each year;
starting January End. 1928. unless said
day be a legal holiday. and then on the
next bank day thereafter.
The board of directors at its annual
meeting shall elect from their number
a president. LIST vice-president, End
and until the first regular election on
the End day of January. 1928, the fol-
lowing shall serve as officers: Mrs.
Emma Kahn Klein. president SS29 st.
Charles Ave: Leon Klein. first vice.
president. sOOs Burthe St; Herman
Levy. 4239 :. CarrOllton Ave, second
vice-president; Simon Klein. secretary
treasurer $500 st. Charles Ave.
No stock of this corporation snail be
sold until same shall have been first
offered in writing to the board of di-
rectors of this corporation at book
value for a period OF ten l0) days.
ARTICLE Vino subscriber for
stock shall ever be held liable for the
contracts. faults or debts of said cor
poration in any further sum than the
unpaid balance, If any, due the corpora
ton on the stock for which he has sub
scribed: nor shall any stakeholder ever
be held liable for such contract, fault
or debt, in any further sum than the
unpaid balance, IL any. on the STOCK
owned by him; nor shall any mere In
formality in organization have the ef-
feet of rendering this charter null, or
rendering any subscriber liable beyond
the unpaid amount, IL any remaining
due on the books.
ARTICLE VIl-Any vacancy occur
ing in the said board of directors shall
be filled by the remaining directors
for the unexpired term from amongst
the other stockholders.
Thus done and passed at my office
in the City of New Orleans, State or
Louisiana, on the day and date first
above written, in the presence OF ID.
Barnett and ]. 7. Conlen. competent
witnesses. of lawful age and residents
together with the said original sub
scribers and me, notary, after due
reading of the whole.
ORIGINAL SIGNED):
Simon Klein, one Hundred and fifty
shares. paid in full by property and
assets sold and delivered to the corpora
ton: Leon Klein, one hundred and flfty
shares. paid in full by property and as
sets sold and delivered TO the corpora
ton: Herman Levy, one share; Emma
Kahn Klein, one share.
Witnesses: ID. Barnett, j. t. Conlon.
(SeaD: NATHAN II. FEITEL.
Notary Public.
true copy:
(SeaD: NATHAN h FElIEL,
Notary Public.
l. the undersigned. Recorder of Mort
cages in and for the Parish of Orleans
State of Louisiana. do hereby certify
that the above and foregoing Act OF
Incorporation of the Klein Brothers,
Inc, was this day duly recorded in my
office in Book 1868. folio 277.
New Orleans, April 26. 1922.
ROBT. SCOTT.
Deputy Recorder.
Nav ll-June Is