The herald., 1922-06-29
CHARTER

"a
! ~ sbau see fit; to make and use 4 cor
| porate seal, and the same 10 DreIk, dlt'I
and amend at pleasure; 10 ehPIo! anu
discharge all managers aeents for tba
| employees as may be necessary IoI tne
| proper conducting of the corporation
affairs, and to nix their cohlPtis"'ioi
! TO purchase or otherwise acquire anu
| to sell and otherwise ALLEVIATE any or an
| the property of said corporation rear
| personal or mixed and the same 10 mort
gage or otherwise hypothecate; 10 t,a.ts
else generally all powers anu rights
usually exercised by corporations ana
such other rights as may be prescrIueu
! by the Beard of Directors thereof.
! ARTICLE ii. The objects and pur-
49, for which this corporation is
formed, and the nature OF the business as
to be carried on by it, are hereby de-
clared to be: To buy and sell ana Hta ai
, in all kinds of real, personal ana mixed
property within the state OF l:oulSlaha'
| United States of America, or ELSEWHERE
to purchase, lease, exchange OF oIneI
| able or immovable, and the same TO sell,
| lease, mortgage, hypothecate' dohatt,
| rent exchange or otherwise alternate or
cucumber; TO exploit, reclaim improve
| real estate: TO make and construct all
necessary and convenient improvements
incidental thereto; to build and erect by
dwellings or other structures, and in
connection Herewith to operate any OF
| all mills or factories for the purpose OF
manufacturing building naterlal, ~. 10
buy and sell and deal in personal prop
| erty stocks, bonds, mortgages or Other
securities; TO buy, SELL deal in, as wen
as vote in any manner or proeeeIlhgs'
the stock in other corporations ana the
interest in any partnership or hrm' TO
act as agent, either through itself or
through its b-agents, for any Other
persou, firm or corporation; to do or per
form any of the objects and purposes
above mentioned, and generally TO DO
each and every act and thing, ana 10
engage in any or all business incidental
connected with or growing out of the
above expressed objects and purposes,
the same as if set forth at length herein
ARTICLE III. The capital stock of
this corporation is hereby fixed at at one O6,
divided into and represented by one
thousand shares of the par value OF
One Hundred Dollars (Sl0O.ool each anu
said capital stock may be increased to
Five Hundred Thousand Dollars $500
100000; said capital stock may be PAID
for in money. real estate, stocks. bonds
or other personal mixed property. All
shares of stock shall not be binding on
the corporation until recorded on Its
books.
ARTICLE ". The domicile of this
corporation shall be in the city of New
Orleans, parish Of Orleans, state of Lou
isiana, and it shall enjoy corporate sue
cession for a period of ninety-nine (s9)
years from this date.
be served on the President, or, in his
! absence, on the Vice President or any
| other officer of the corporation, or as
may be prescribed by law.
ARTICLE vi. All corporate powers of
, this cOrpOdation shall be vested in and
; exercised by board of not less than
, three nor more than five directors Until
Directors Directors, the e' said board Shall consist
of five members, majority OF whom
shall constitute quorum for the trans
Directors shall be elected annually on
the first legal Monday in January. The
first election under the charter shall be
j. held in 1928 until which date the fol
e lowing shall constitute the first Board OF
Directors, to-wit: Nathan Kohlman, 6Oe
Godchaux building. New Orleans, La;
Louis Lowentritt. Winnsboro, La; james
Orleans. La; Sam Ohnstein, % Newcomh
e boulevard, New Orleans, La. Mrs. Hattie
: Goetz Rosenberg. 1919 st. Charles ave
l. ton of n new Board of Directors the
e old board shall remain in office.
, The said Board of Directors shall elect
! from their number President; Vice
The latter office may be held by. two
, persons. Such election shall be held al
i the first meeting of said board follow
cessOrs have been elected in 1923 the
said Nathan Kohlman shall be President
: the said Sam Ohnstein shall be Vice
President, and James A. Petty shall b'
J. Secretary Treasurer.
a a All eIectIons shall be by ballot, and
, a majority of the votes east shall b'
4 necessary to elect or to decide any ques
u ton; each stakeholder shall be entitled
, to one vote for each share of stock stand
e ing in his name on the books Of thu
a company, and such vote may be passed
IN Person by proxy G7 or %t provided
ID Said Board of Directors shall provide
by resolution, for the manner and form
n of giving notices of election, meetings
;: etc. both of the stockholders and tn
:; board itself.
g Said board shall also make such by
laws, rules and regulations as may b
II ercise the duties, powers and privilege
e of this corporation, herein provided fol-
y including the issue, registration and Ger
+ tification of its capital stock, the man
:; ner and method of voting or EXERCISING
d the stock In other corporations, and tn
interest in partnerships and firms, an
/ privileges and powers allowed or usual
~ exercised by Board of Directors unde
II the laws of this state.
e Any. vacancy in the Board of DireC
70 tors by death. resignation or otherwis
sc shall be filled by the remaining board.
ARTICLE VII. This charter may b
T. altered, amended or changed upon com
to plying with the provisions Of Act 267 G
Mt 1914 relative to the same.
Ii ARTICLE VIII. On the dissolution G
$; this corporation, for any purpose q
n three commissioners, to be elected b
It. the stockholders. as provided by SectiO
es 30 of Act 261 of 1914
IS. ARTICLE IN. No liability shall a
r tach to any stakeholder of this corpol
m alton for any fault of omission or con
IN mission of this corporation in any MAJ
g ner, except for the unpaid balance dU
or by him on the shares of its capital stoc
r. subscribed for, and unpaid by him,
!, for any sum or amount that he may |
IL indebted to the corporation. No info
TO mality In the organization of this CO
nd poration shall expose the stockholdel
re thereof to any liability, except as abo'
,s provided.
4. ARTICLE Y. The subscribers to Il
M capital stock Of this corporation ha,
written opposite their names the amour
and number of shares of such capt.
oe stock, in order to have this charter SER
rs as original subscription list thereo
o. which original subscription list is
follows:
al (Names of original subscribers omitted
sh Thus done and passed at my office
he the city of New Orleans. in the presen
N. of Fred A. Wulff, Jr., and Edw. Brod
nd mann, competent witnesses, who ha
es. hereunto signed their names with a.
er bearers and me. Notary Public, aft
y. reading of the whole.
Original signed)
% Witnesses:
IS: Original signed)
m. II. W. KAISER,
sr- Not. Pub.
N, | A true COPY: