The herald., 1922-11-16
CHARTER.

in residing, and in the presence Of the
witnesses hereinafter named and under
! signed, personally came and appeared the
| several parties whose names are hereuntO
| subscribed, who severally declared that.
availing themselves of the laws of the
State of Louisiana, in such cases made
! and provided, and more particularly of
! Act 267 of the General Assembly Of the
| State of Louisiana of 1914. relating to the
creation, organization and formation Of
| corporations, they have cOvenanted and
| agreed, and by these presents do hereby
covenant, agree and bind themselves, Is
| well as all other persons may here
| after become associated with them, to
| form a corporation FOR the objects and
purposes under the articles and stipula-
| tiOns following, which they hereby adopt
as their charter, tO-wit:
ARTICLE 1.-The name and title OF
| this corporation shall be STRAND DEN
| tai COMPANY, INC, and under Its
corporate name it shall have power and
| authority TO have and enjoy corporate
| existence for period of ninety nine
years from date hereof, unless sooner
dissolved by liquidation or otherwise. 1t
| shall have power to contract, to sue and
he sued to make and use corporate
seal, and to alter and break the same ut
| pleasure. to hold, receive. lease. purchase.
| transfer. assign. mortgage, hypothecate,
pledge or otherwise dispose of property.
real personal or mixed. corporal aud in
TO secure same by mortgage; to hold
/ stocks in other companies: to make and
| elect officers and directors; to make and
establish, alter and amend bylaws, rules
and regulations for its proper govern.
ment. as may be deemed necessary and
proper for the extension of the business
in which the corporation il engaged.
/ ARTICLE 1.-THE dOmicile OF this
corporation shall he in the city OF New
Orleans. Louisiana; and service OF pro-
ha1I ka 10 D.A1 liant
or. in his absence. upon the Secretary.
ARTICLE III.-The objects and pur-
poses for which this corporation is or
ganized and created, and the nature OF
| the business to be carried on by 1t, are
| declared to be as follows:
| To engage in and conduct the general
practice of dentistry; to conduct a labor
atory; to buy. sell, manufacture. and
| generally to deal in all articles. instru-
ments. apparatus and products Of dental
laboratories. connected with or relating
TO the practice OF dentistry; to do and
perform all things appertaining to and
| incidental to the carrying out and proper
execution of the objects and purposes
| hereinabOve mentioned.
| ARTICLE IV.-The capital stock Of
this corporation is hereby fixed at the
sum of five thousand dollars ($5OOOOO),
| and shall be divided into and represented
| by fifty 500 shares of one hundred dol
| lars (S100.OO).
| by property, or services actually rendered
| to the corporation, or other equivalent of
| cash, as provided by law, and in such
manner and at such time and in such in
| stalmentS as may be prescribed by the
| Board Of Directors.
This corporation shall become a going
| concern and shall be authorized to com
| mence business as soon as all Of its capf-
tai stock shall have been subscribed and
| fifty per cent of all stock subscribed for
shall in fact have been paid for, either In
cash or its equivalent.
| ARTICLE v.-The capital stock of this
| corporation may be increased to the sum
| OF ten thousand dollars (s100OO.0O by
vote OF two thirds of all the stock present
| or represented at a special meeting called
for that purpose. or at regular annual
meeting of the corporation.
| ARTICLE VI.-All certificates of stock
issued by this corporation shall be signed
by the President and countersigned by
the Secretary.
| The stock of this corporation can be
transferred only on the books of the cor
pOration. and subject to such regulations
and formalties as may be by the Board
scribed. No stakeholder shall he per-
mitted to sell or otherwise dispose Of his
stock without first offering the same in
writing to the other stockholders, through
the Board of Directors. at price not
exceeding the book value thereof; and
said stockholders in proportion to their
holdings, shall have an option and first
right to purchase, at the book value of
such stock, on December 31st, last pre-
ceding, all the shares of stock to be thus
disposed Of by sale or otherwise Of any
of the stockholders. and shall have a pc
riod of ten days in which to accept oil
decline said offer. Should the stockhold
ers decline to purchase said stock theT
such stakeholder Is at liberty to sell oil
dispose of the stock. and may do so in
any manner and at any price he may
deem fit
Each share Of stock is issued herein upon
the condition and understanding that
no stakeholder shall sell or otherwise
any such sale or transfer. II made. shall
he void. and this corporation shall ID
under no obligation to list said stock on
its books or to regard the holder Of the
certificate thereof.
i ARTICLE vII.-The corporate powers
Il Of this corporation shall be vested In
and exercised by board Of not less
than three nor more than six directors.
Mt the option Of the stockholders. two to
Il constitute quorum when there are three
directors: three to constitute a quorum
Il when there are more than three and less
than six directors and four to constitute
Ia quorum should there he six directors.
FOR the transaction Of business. The d.
-ectors Of the corporation may vote In
person or nv written or telegraphic proxy
az anv of the meetings Of the BOARD of
Directors: and the BOARD Of Directors
rnav delegats any Of its powers to any
ofR"er or officers. or any other represen-
tati~e of the CORPORATION. by appropriate
resolution tn that effect.
i The FIRST BOARD Of Directors Of this cor
lowing: Losaph r. Faust Ernest Clinton
Swanson. Robert Faust with the follow
ing as Officers: Joseph T. Faust. Presi-