Newspaper Page Text
Page Eight
THE SOUTHERN ISRAELITE
Friday, July 11, 1S47
. HIAS OBTAINS SHIPS TO BREAK TRANSPORTATION BOTTLENECK FOR EUROPEAN DP's
THE “JOHAN HE WITT,” trim, seaworthy model of Nether
lands passenger ships, became a D.P. ship when sympathetic Gov
ernment officials, cognizant of the Jewish survivors’ plight, acqui
esced to HIAS’s representations.
NOTIFIED BY IIIAS that
a ship was available to take
them to Australia, uprooted,
homeless Jews like the chil
dren and woman shown above,
converged on Marseille in
trains from many parts of
Europe. The ages of the im
migrants ranged from three
months to seventy-five years,
and included a cross-section
of professions and crafts.
HIAS helps locate the up
rooted, the scattered, the
waiting, HIAS in 1946 lo
cated 44.936 persons on be
half of U. S. and overseas kin.
HIAS files affidavits, trans
mits relief, arranges trans
portation. In 1946, IIIAS filed
28.443 affidavits at Its U. S.
offices.
WAITING TO BOARD THE SHIP are these emigrants who have been cleared through Govern
ment channels and whose baggage was placed aboard by HIAS aides.
BUNDLES FOR AUS
TRALIA like the one being
carried aboard by a Jewish
mother will one day bolster
the culture and national econ
omy of Australia. HIAS made
available medical assistance
and supplies for the journey
to provide for the physical
safety and comforts of the
migrants. HIAS meets mi
grants at all stopovers, guides
them in transmigration coun
tries, and directs them to their
final destination. In 1946,
HIAS aides met 15,714 pas
sengers at ships and planes
arriving in the U. S. A.
LEGAL NOTICE
APPLICATION FOR AND ORDER
ORANTINO CHARTER
GEORGIA, FULTON COUNTY:
TO THE SUPERIOR COURT
OF FULTON COUNTY:
Tli* pot it ion of FRANCES COUEY.
SIDNEY PARKS and ELEANOR PARKS
respectfully #Im>wn:
I. Petition*™ desire for themselves,
their associates, sueosshors, ami assigns
to he incorporated under the name and
style of KAY HOMES, INC., for a period
of 115 years, with the privilege of renewal
as provided by law.
II. That the principal office of said
corporation aha 11 ho located in Fulton
County, Georgia, but petitioners desire
the privilege, of. establishing- branch
offices and places of business elsewhere
both in and outside the State of Georgia.
III. 'l^t* names and post office ad
dresses of the applicants are us follows:
Frances Coney, 453 Pcachtreo Arcade.
Atlanta, Georgia.
Sidney l*arks, 455 Peachtree Arcade,
Atlanta Georgia.
Eleanor Parks. 455 Peachtree Arcade,
Atlanta, Georgia.
IV. The purpose and object of the
corporation shall he pecuniary gain and
profit to itself and shareholders.
V. The general nature of the business
to he transacted by the corporation
shall he the buying, selling, owning,
leasing, constructing, building, develop
ing and improving both real and personal
property, either in its own behalf, or as
agent or contractor for others: to con
struct and to provide housing for sale or
lor lease: and to acquire both real and
personal property, or any rights or iu-
terests therein or appurtenant thereto
that may be necessary to accomplish
Ittch purposes.
| VI. The capital stock of the corporation
shall consist ot the following classes of
stock which shall have such rights and
characteristics as are enumerated herein:
(a) Class "A” Common Stock. The
Class “A” Common Stock shall have nil
the rights, powers and privileges usually
incident or pertaining to Common Stock,
including the right to vote, hut said stock
shall be non participating in earnings or
tlvidends; and shall have no liquidating
value.
(b) (’lass ‘‘B“ Common Stock. The
Class *‘B” Common Stock shall have no
voting powers, but shall participate In
earning" avid dividends, or distributions,
wheu declared by majority vote of the
Class "A" Common Stockholders. In
the vent of a liquidation. Class *‘B”
Commoh Stock shall participate on »
pro rata basis with Class "C” Common
8tock in accordance with the number of
outstanding shares that each clns3 of
•took bears* to the total number of out
standing shares of both Class "B” and
Class %4 C" Common Stock.
(c) Class •*C*’ Common Stock. The
CTass “C” Common Stock shall have no
voting powers but shall participate in
* earnings ana dividends, or distributions.
when declared by » majority vote of the
'.Mass ‘'A’ 1 Common Stockholders. In the
event of a liquidation Class "0” Com
mon Stock shall participate as provided
in paragraph (b) above.
(d) Dividends, or distributions, may
be declared only upon majority vote of
the Class ''A” Common Stock.
(c) Dividends, when declared, shall he
paid to the Class ''IU' and Class “C"
Common Stock upon the following con
ditions and rates:
1. Tho first $15,000.00 of dividends or
distributions declared during tho exist
ence of the corporation tihnll ho paid to
tho Class "B” Common Stock, and the
next $5,000.00 of dividends or distribu
tions declared during tho existence of tho
corporation shall ho paid to the Class
''()” Common Stock, and thereafter, any
dividends or distributions over and above
$20,000.00 which may be declared shall
bo divided between the Class ''14” and
the Class *'C” Common Stock in accord
•moe with the following schedule:
A. The next $4,000.00 of dividends
(between $20,001 - $24,000) — 75
per cent to ('lass ”B” and 25 per cent
to Class *‘C”.
B. The next $4,000.00 of dividends
(between $24,001 • $28,000)) — 70
per cent to Class ''B” and 30 per cent
to Class "C”.
C. The next $4,000.00 of dividend*
(between $28,001 $32,000) — 65
per cent to Class "B” and 35 per cent
to Class ”0”
D. The next $4,000.00 of dividends
(between $32,001 • $36,000) — 60
per cent to Class '*14” and 40 per cent
to Class "C”.
E. The next $4,000.00 of dividends I
(between $36,001 • $40,000) — 55
per cent to Class *‘B” and 45 per cent
o Class "C”.
F. All additional dividends — 50 per
cent to Class *'B” and 50 per cent to
Class "C”.
4. The Dividend Schedule above is
>ased on the assumption that a minimum
of 40 lots and houses will be developed
and sold prior to the liquidation of the
corporation. Said number of 40 shall be
considered the base figure. In the event
the corporation is liquidated prior to the
development and sale of at least 40 lots
and houses, then the dividends set forth
in the above schedule shall be reduced
in each bracket by that percentage ob
ained after subtracting from 100 per
cent the percentage that the total number
of lots and homes actually developed and
sold bears to the base figure.
VII. The authorised capital stock of the
corporation shall consist of 200 shares of
Class "A” Common Stock with a par
value of $10.00 per share. 200 shares of
Class ”B” Common Stock with a par
value of $10.00 per share, and 200 shares
of Class "O” Common Stock with a par
value of $10.00 per share. However, tho
corporation shall have the right to in
crease the same from time to time by a
two-thirds majority vote of the Class "A”
Common Stockholders to an amount not
to exeoed 1000 shares of each class of
stock, with a par value of $10.00 per
share.
VIII. The amount of capital with which
the corporation shall begin business shall
be $6,000.00.
IX. The corporation shall have all the
rights, powers, privileges, and immunities
that are conferred on private corporations
by the law of this state, particularly by
Code Sections 22 1827 and 28 1828 of
the Code of Georgia of 1033, as fully as
if such powers were sot forth herein.
WHEREFORE, tho petitioners pray to
be incorporated under the name and style
aforesaid, and with all the rights, powers,
and privileges which are hereinabove set
forth, and those which are allowed to cor
porations of a like naturo by tho laws of
this state.
SIDNEY PARKS,
Attorney for Petitioner4
453 Peachtree Arcade,
Atlanta, Georgia.
The foregoing petition for a charter
having been examined und it appearing
that tho application is legitimately within
.he purview and intention of the laws of
this state, and it further appearing from
the certificate of the Secretary of State
that the name of the proposed corpornfion
is not tho name of noy other now existing
corporation registered in the records 'of
the Secretary of State, the said petition
is hereby granted and the petitioners are
hereby incorporated under the name and
style of KAY HOMES. IN(\. pith all the
rights, powers, and privileges as prayed
for in said petition.
This 30th day of June, 1917
VI RIAN B. MOORE,
Judge. Superior Court,
Atlanta Circuit.
APPLICATION FOR AND ORDER
GRANTING CHARTER
GEORGIA—Fulton County.
To the Superior Court of said Couut> :
The petitiou of William W. Bromberg,
Melvin Piel, and Israel Katx respect
fully shows :
Petitioners desire for themselves, their
associates, successors, and assigns. 10 be
incorporated for the period of thirty-live
years, w'ith the privilege of amendment
and renewal of charter under the name
aud style of BEAUTICIAN SUPPLY
COMPANY OF GEORGIA. INC.
The genera! nature ,0* the busiuesa to
be transacted ia tho acquisition, distri
bution, and sale of beauty supplies, prod
ucts, and equipment of all kinds what
soever, as well as appliances, electrical
products, household goods, furniture, and
other products and appliances whatso
ever; to carry on business and deal iu the
nforemontioned items and product* as
manufacturer*. exporters. importers,
wholesalers, jobbers, retailers or other
wise: the operation and sale of beauty
shops; and in geueral to carry on any
other lawful business whatsoever in con
nection with the foregoing or which has
the effect of promoting, directly or indi
rectly, the interest of the corporation or
the enhancement of the value of its prop
erties.
3.
The principal offiro of the Corporation
shall be in Fulton County, Georgia, with
the privilege of establishing offices und
places of business elsewhere.
4.
Tho ohje<4 of the Corporation is pec
uniary gain and profit to itself and its
shareholders.
5.
Said Corporation shall have the right
and power to adopt and use tradenames,
trademarks, to acquire patents and copy
rights, and to engage in business under
tradenames.
6.
Tho authorised capital stock of this
corporation shall consist of sixty (60)
shares of common stock of the par value
of $100.00 per share and forty (40)
shares of six (6) per cent preferred non
voting aud nonparticipating stock of the c
par value of $100.OO per share. The sixty j 1
shares of the a togomew tinned common ! J
stock shall he the only voting stock, and i
the only fully participating stock, and J
the only stock to share in capital in the j
event of a dissolution, except that the i
preferred stock shall he entitled to a six !
(6%) per cent dividend per annum and 1
shall be redeemable at par. The voting ot 1
common stock shall not be increased ex |
cept by a majority vote of the common 1
stock now authorized. Stock in this cor j
poration may be issued for either money, (
property or services, or a combination of
the same, or other things of value taken
at a fair valuation.
7.
The capital with which the corporation
will begin business will be Six Thousand
($6,000.00) Dollars.
8.
The names and post office address of .
the applicants for this Charter are:
William W. Bromberg. 126 Mimosa
Drive, Decatur. Georgia.
Melvin Piel, 906 Emerson Avenue,
S. E., Atlanta, Georgia. \
Israel Katz. 201 Glenn Building. At •
lantn 3. Georgia.
9.
Said corporation shall have all of the
rights, powers, privileges, and inununi- i
ties which are now or may hereafter be
allowed corporations of like nature under
the laws of Georgia.
WHEREFORE, petitioners pray that
this application for charter be granted
and that said corporation be incorporated
with all of the rights, powers, privileges,
and immunities therein set out together
with such other powers and privileges as
are now or may hereafter be allowed to
similar corporations.
ISRAEL KATZ
Attorney for Petitioner
201 Glenn Building
Atlanta 3. Georgia
Order
GEORGIA—Fulton County.
The within application for charter hav
ing been presented to, and examined by
me, and it appearing that the application
is legitimately within the purview and in
tention of the laws of this State: it fur-l
ther appearing from the certificate of the
Secretary of State that tho name of the
proposed corporation is not the name of
any other now existing corporation reg
istered in the office of the Secretary of
State: and it appearing that the appli
cants have complied witli all provisions
of law relating to the grnnting of char
ters ;
NOW THEREFORE, it in ordered that
.said application be granted and the cor
poration ia created under the name and
style of BEAUTICIAN SUPPLY COM
PANY OF GEORGIA, INC., with all the
jKiwers and privileges prayed for and all
powers and privileges granted similar cor»
porations by the lawn of this State.
Thin 8th day of July, 1947.
V1RLYN B. MOORE
Judge, Superior Court
Fulton County
Atlanta Circuit.
FROZEN!
This is what happens to
real estate when the
title is defective—when
no purchaser will buy
and no lender will
lend, because of clouds
on the title.
BE SAFE
nave Yoor Title Insured—
ATLANTA TITLE
COMPANY
lawyers Yule
InjfceGrpgato*
YOUR ATTORNEY
also can have your title
searched and insured.