The herald., 1922-02-16
CHARTER
CHARTER OF On INC

he year Oh ,renty-t two, and OF the III,
suudred anu the United states Oh
dependence, ns one hundred anu Ivr'S
America, ,o e me, STAMPS FAhhAn,
sixth, pnblic. duly conniis 81, pa-ish OF
Ne,an sualhed in ana aui b therein re-
orleans an the presence OF the VII
siding, ahuinafte- named and under
pesses henrsonally came ana appeared
signed Vi persons whose names aIe
the snhscribed, who TO me seNerats
bereun,% that, availing tnenise ,, IN sncS
tsea Of the state OIL and particu-
cases maui .ha provisions OF ACT -o' OF
ariy Win ,ha General Assembly OF the
the Acts vinisiaua for the year 1914, as
state OF they have coyenanted ana
smenoe.' nd DO by these presents ~. W,
agreed rec and bind themselves, as Hs ;n
ban.n such persons as mag .han 70 con-
Is an s associated with them, 70 eon
or becon.a form a corporation ana pouy
situte anu law for the objects ana pur-
polite ID nnder the articles and stlpu-
poses anu ,a,nafter set forth ana ex-
hnonss which they hereby aoopt as Tue
presseo' ~ this corporation, to,"I:
ehsRTICLE l. The name s anu
Ahdrnoration shall be HARRIS LoEP
this eoipC 20 INC, and under It's sald
PlANo name IL shall have and ENJOY
eorpofae eYisteuce and succession tOr
eorpeInn term and period OF nlnety nine
the Jul rs from and after the GATE hereoI
wv sn,ract. sue and be sued 10 man
70 nse a corporate seai, anu 'He SaId
and uss and break at pleasure; to hold,
TO eiIei ,sase purchase and convey, as
receive, mortgage and hypothecate prop.
wen As I nersonal or mixed, corporeal
erty' ,ornoreal; to own and hold stocks
anu hnnSs OF other corporations 10 name
sh1 annoint such managers, agents, uliee
sns md officers as its business OF CON
tois NAV require, and 10 make anu
venenes ss well as alter and amend,
esiaDhsn, n time. such bylaws, rules
from .'Iations for the proper govern
ana the affairs of said corporation
mer nav be necessary and proper.
pTicTE III. The domiclle OF SAID
oaoration shall be in the city OF ne"
o,lssns State Of Louisiana, snu az ho
.,ls ana other legal process snali De
uon mon the President of said cor
seII.Ia or in his absence upon the
pofaqp ,ss,aent thereof, or in the absence
', aid officers upon the Secretary OF
saId corporation. ,.. and NM
'IRTICLE Ill. The objects ana Pur-
Az Tor which this corporation is organ.
poses "a as,ablished. and the nature of
Wv hnsiness TO be carried on by II, are
hsrsby declared TO pc;
n carry on the business OF manuiac-
dealers in and importers and ex-
,a,tsrs OF pianos, organs, music ana
r"nsesI instruments and otherwise, ana
sIso any and every other article anu
.h,rv which may now or hereafter De
san, ss manufactured, sold or dealt
~ a. connection Herewith or otherwise.
"a MANUFACTURER produce, buy, sell, I'M
~ and export, let, hire, deal in and
gi with musical instruments OF all
INA. and any and all parts thereof.
To manufacture, buy, sell, import anu
m tinds of machinery, materials, sup
.,,s. indictments, articles, appliances,
irahst.nees and fabrics incidental TO or
sessr,ng into the manufacture OF the
same or ANY part thereof, and used In
connection Herewith, all to ehectuate the
objects and purposes set forth IN tnis
IA buy. SELL import and export sheet
uns,e musical scores, and generally to
deal in all kinds of printed music and
musical compositions.
ARTICLE Nv. The capital stock of this
corporation Is hereby fixed at the sum
Of Twenty Thousand Dollars (S.o,Ov.Ul'
arad (2OO) shares of stock OF the par
value Of One Hundred Dollars t$100.O0)
each Said stock shall be paid for In
cash nj such time, in such amounts ana
after such notice to the subscribers as
nav be fixed by the Board of Directors,
than mar for labor done or property act
ually received by the corporation.
The amount to which the capital stock
NJ this corporation may be increased
shah be the sum of Fifty Thousand Dol
lars (s50O0000).
No stockholder shall have the right to
sell or otherwise dispose OF any stock
the same in writing to the Board OF
Directors Of this corporation. through
lis President. which Board shall have ten
tlo) days within which to accept or re-
fuse the offer, but said Board of Direc-
tors shall have the right to purchase any
its book value, irrespective Of what price
may have been offered for said stock by
anyoDe Should said Board of Directors
fail TO avail itself Of said privilege within
said period OF time, the said stock may
be offered and sold to any other person
or persons.
ers Of this corporation shall be vested in
and exercised by a Board of Directors,
composed of Ave 90 stockholders, three
t3l Of whom shall constitute quorum.
Said directors shall be elected annually,
on the first Monday in March Of each
year, at general meeting Of the stock
holders, except the first Board OF Disec, rec,
tors. which shall be elected at the hrst
meeting Of stockholders to be held on
February 18th, 1922, at 10 a. m, at 1SOl
Hibefnia Bank Building, who shall hold
tAeir Offices until the first Monday In
March, 1929, or until their successors shall
have been duly elected and qualified.
An such elections shall be held by bal
lot and conducted at the office Of the
corporation under the supervision Of two
y commissioners to be appointed by the
Board Of Directors. Notice Of such
needing and Of all other stockholders
meetings shall be given in the manner
prescribed by law, and when so pre-
meeting shall be deposited at least ff-
IN (lS) days prior to the date of such
seetnF, In the postofice of the City of
NV Orleans, postage prepaid, properly
eodreeeed to each stakeholder at his last
ncvn residence or place Of business.
oil such elections and at all cor
snh meetings every stakeholder shall
seet standing in his name on the books
ue corporation, to be cast by him In
yd.o1 or by his written proxy, and a
A3enty Of the votes cast shall elect.
Az vacancy or vacancies occurring
sneag the directors by death, resigna-
~. g otherwise shall be filed by elec-
w. tH the unexpired term by the re-
nanlng directors.
IL failure to elect directors on the
eoove specified shall not dissolve the
rpenuon, nor impair fits corporate ex.
sSce ~ management, but the directors
49, 49, - efhce shall remain In office until
successors are elected and qualified
:, - noard Of Directors shall. annually
Nc nrst meeting after election. elect
:. ~ own number a President, one
rN vice-Presidents, a Secretary and
- efer, or 1t may elect one person
~ ~ snsu be both Secretary and Treas
wno need not be a member Of the
-. q directors. The Board of Direc-
~ also elect one or more assistant
I!1es. neither Of whom need be mem
es,e. ~ the Board or stockholders In this
Ssn Suon. The Board OF Directors
"a a. . nsvs power and authority to name