The herald. [volume] (New Orleans, La.) 1905-1953, 1922-06-01
CHARTER.
CHARTER OF
WHITE BEAR PATCH co. INC.

! United States of America State O
Louisiana, Parish of Orleans. BE il
known that on this 23rd day of tn,
month of May, in the year OF our Lord
one thousand nine hundred and twenty
two, and of the independence of the
United States of America the one hun
dred and fOrty-sixth, before me, W
Catesby Jones. IA Notary Public, in and
isiana, and in the presence of the wit
nesses hereinafter named and under
signed, personally came and appeared
the several persons whose names are
hereuntO subscribed, and all of age, who
severally declared that, availing them
selves of the provisions of the laws OF
the state of Louisiana, in such cases
made and provided, and more particu-
larry of Act 261 of the General Assembly
of the state of Louisiana, for the year
1914 they have cOvenanted, agreed, con-
tracted and bound themselves, and do
by these presents covenant contract.
agree and bind themselves as well as all
such persons as may hereafter become
associated with them, to form them
selves into and constitute a corporation
and body polite in law, for the objects
and purposes and under the stipulatiOns
herein set forth, which they adopt as
their charter, tO-wit:
ARTICLE l. The name of this corpOr-
Uation shall be White Bear Patch Com
pany, Incorporated, which may be abbre-
waited to White Bear Patch, Co., Inc.
An business ana pur-
poses for which this corporation is
formed and the nature of the business
to be carried on by IL are hereby de-
clared to be: To carry on the general
tubes and bodies, Including polishing,
painting and retrimming the said bodies !;
to purchase and hold real estate; to buy
and sell, manufacture or compound all
necessary materials, machinery, devices
or other property connected with such a
business, and in general to do all things
germane or incidental thereto, that are
lawful In the state of Louisiana.
ARTICLE III. The amount of the
capital stock of this corporation Is here
Dollars (S5,OOO.OO), all common stock
which capital stock may be increased to
the sum of Twenty Thousand Dollars
l$20,OOOOO. Said capital stock shall be
value of One Hundred Dollars (s1OO.OO)
each, and the stock shall be paid when
subscribed for, or may be issued in whole
or in part at not less than par for prop
erty actually purchased ana received by
the corporation. No fractional shares
shall ever be issued.
ARTICLE Nv. The location Of the
domicile of this corporation shall be in
the city of New Orleans, state of Louis
lana; and service of citation or of all
President of the corporation, or in case
of his absence or inability to ACT on the
Nice-President, Secretary Treasurer in the
order named. Said corporation shall
have and enjoy succession by its cor
porate name for period of ninety nine
years from the date of this act.
ARTICLE V. The business and affairs
or this corporation shall be conducted
by, and all the corporate powers vested
In and exercised by Board of Direc-
tors composed of three 90 stockholders,
elected annually by ballot, on the fourth
Monday of the month of August of each
year, beginning in the year 1923, or any
subsequent date announced by the Board
OF directors. In case no election shall
take place on said date, after fifteen
days notice, which shall be given to
each stakeholder by written notice
mailed to each stakeholder at his last
known postoffice address, and said cleo
non snail be held at the office of the
corporation under the supervision of two
appointed BY the Board
0I directors; at said election eacn stock |
holder shall be entitled to cast his vote
as speclned in Section IL of Act 267 of
me General Assembly of the state of
Louisiana for the year 1914. or amend |
nen's thereto: The stockholders receiv- |
be declared elected The Board Of Direc.
Iors SO elected shall Immediately there |
after proceed to elect one of its mem |
Ders to be President one TO be Vice |
PRESIDENT, one to be Secretary Treasurer
'f the corporation, and they shall serve |
qualified. anu
, ARTICLE vi; The first Board of |
directors shall be composed of the fol-
owing stockholders: Paul Hogan .5i4
'almont street, New Orleans, La; James
Morgan, 141S Desire street, New Or
cans, La. and James G. Barr, z3O5 VAL
mont street, New Orleans, La, Of whom