The herald. [volume] (New Orleans, La.) 1905-1953, 1922-07-06
CHARTER.

; Two Q922. Before me VICTOR X. KHAN
a notary public in and for the Parish o
Orleans. State of Louisiana. therein resid
ing, duly commissioned and qualified, an,
in the presence of the witnesses herein
after named and undersigned, PERSONAL.
came and appeared:
The several parties whose names ar
hereuntO subscribed, who seyerally de
Clared to me, notary, that awaiting them
selves of the provisions of the laws -
this state, relative to the organization o
corporations, and more especially OF Ac
26i of 1914, they have cOvenanted AN,
agreed, and by these presents, do cOvenan
and agree for themselves, their successor
and assigns to form themselves into
corporation and body polite in law fol
the objects and purposes and under tn,
! stpulatiOns hereinafter set forth, tO-wit
ARTICLE THE name of this cOrOra-
| ton shall be DE Luxe CONNECTIONS Inc.
! ana unuer its corporate name II snaI
have the power and authority To have and
enjoy corporate existence and success
sion for the full term and period Oi
| ninety nine years from and after the date
hereof; to contract, sue and be sued, IL
| make and use corporate seal, and the
| same TO break and alter ut pleasure; Ia
| hold, receive, purchase, hypOthecate, con
yey, sell, lease or pledge real and personal
! property, to issue negotiable bonds and
notes, or other evidence of debt, to name
| and appoint such managers, agents. direc-
/ tors and officers as its business interests
and convenience may require, and 10 make
and establish as well as alter and amend
from time 10 time, such bylaws. rules
and regulations for the proper govern
ment Of the affairs of this corporation
as may be necessary and proper.
ARTICLE 1.-THE domicile of this cor
pOratlOn shall be i'll the city OF New Or
leans. State of Louisiana, Parish OF Or
leans, and all citation and other legal
process shall be served upon the preSi-
dent of this corporation, or in the event
of his absence upon the vice-presidcnt
and i'll the absence of both OF said parties
or officers, upon the secretary Ot this
corporation.
ARTICLE II-The objects and purposes
for which this corporation is organized,
and the nature OF the business to be car
Tled ON by IL are hereby declared 10 be;
to buy and sell merchandise of all kinds
and every description, real estate stocks
and bonds, at wholesale or retail, for its
own account, or for the account of others
or on commission; and to sell its ser
vices as auditor, accountant, or income
tax expert; and to do all and everything
necessary and incidental thereto.
ARTICLE IV-The capital stock of this
corporation is hereby fixed at the sum
of Five Thousand (s5,OO0.OO) Dollars,
divided into and represented by fifty (JOJ
Hundred (SlO0.O0) Dollars per share. Said
stock shall be paid for in cash at such
time and after such notice to the sub
scribers as the Board of Directors may
done or services rendered said corpora
tiOn, at not less than par, or property or
rights actually received by said corpora
tiOn.
This corporation shall be and become |
a going concern and shall be authorized |
TO commence business as fifty |
(5OSc) per cent of its capital stock shall |
have been subscribed, and fifty (5O%ol |
per cent of all stock subscribed for shall |
have been paid for, either in cash or its |
quirements of Act 26I of the General As
sembly for the State of Louisiana for the
year 1914. and the amendments thereto.
ARTICLE N-The capital stock of this
corporation may be increased to the sum
Of Fifty Thousand (SJ0,0O0.00) Dollars, by
a vote of two-thirds of all the stock pres
ent or represented at special meeting /
called for that purpose, or at a regular
annual meeting of the corporation, eX-
,ept in accordance with the provisions of
Section of Act 267 of the General As
'embly of the State of Louisiana, for the
scar 1914. and the amendments thereto.
ARTICLE Nl-The corporate powers of
his corporation shall be vested in and
Exercised by Board of Directors, to be
Composed of not more than five nor less
han three stockholders, a majority of
whom sitting at any time shall cOnsti-
ute a quorum, said directors to be elected
on the second (2nd) Tuesday in
January, beginning in the year 1928
Zach stockholder shall be entitled in per-
ach share of the capital stock held by
im and standing in his name on the i
ooks OF the corporation. or he may send
Is vote by letter. the signature to which Q
must be acknowledged before q Notary a
'ublic, or other officer authorized to take II
ffidavits. The stockholders of the cor c
Grafton are herewith given and granted v
he right of cumulative voting in the
lection for officers or directors. All G
lections shall be held under such rules a
no regulations as may be determined r
the Board Of Directors, after legal h
office of such election shall have been h
JAILED to each stakeholder by mail. sent $
his last known address, or published b
one of the daily newspapers published $
the English language in the city of S
ew Orleans for at least fifteen Q5) days r
receding such election. The directors ii
lus elected shall continue in office until ii
leir successors shall have been elected 6
nd qualified. No failure to elect shall Il
2 regarded as a forfeiture of this char
IT. Any vacancy occurring on such OF
GARD OF Directors shall be filled by the ri
manning directors for the unexpired C,
rm: Said Board of Directors may at ci
$ first meeting after its election elect OF
ON its members a president, one or e,
ore wee presidents, a treasurer and a OF
cretary. 1t may combine the office of
;esident or vice-president or treasurer b,
it'll the office of secretary, and NAV Ia
en- elect secretary who need not be ia
ockholder or director. ot
The Board of Directors shall have DOW b,
without vote of the stockholders. TO of
axe, alter and amend the bylaws: TO sh
sue and deliver full paid shares of al
ock or bonds for stock in other corpora sa
ms or other property To make and issue an
d secure by pledge, mortgage or other
Sc, all obligations and evidences of in df
Dtedness OF the corporation, and gen af
any unless expressly limited by the ui
arter to do any and all things in the of
vancement Of the business and affairs sh
the corporation. pO
!,
ARTICLE Vino stakeholder shall he We
Id liable or responsible for the con SO
acts or faults of this corporation in ST
y further sum than the unpaid balance re
e to this corporation on the shares co
NED by him, nor shall any informally IN
organization have the effect of render IN
this charter null or of exposing the ell
'ckholders to any liability beyond such
paid balance. M
ARTICLE VIII-This act of incorpora- u!
n may be changed, modified or altered III
this corporation may be dissolved with 80
assent OF the stockholders owning
thirds OF the issued stock of this an
'Poratlon or may be further modified co
IN the assent OF the stockholders own or,
three-fourths Of the issued stock of go
S corporation. All as is provided nv 80 80
261 Of the General Assembly of the wy
tie Of Louisiana for the year 1914 and "a
amendments thereto, at a meeting OF no
stockholders convened for that pur fn,
'e, ana after due notice shall have tHi
N given each of the said stockholders as
provided for In Article 6 of this char co,
or act OF incorporation, except that
enever in the judgment of the Roard 90,
directors IL shall be deemed Advisable -.