The herald., 1912-06-13
CHARTER
OF WALKER TAILORING COMPANY.

UNITED STATES OF AMERICA, STATE
OF LOUISIANA, PARISH OF Or
LEANS, CITY OF NEW ORLEANS.
Be 1t known, that on this .twenty-third
day Of the month of May, in the year one
thousand nine hundred and twelve, before
me, Frank Edward Rainold, notary public,
duly commissioned and qualified in and for
siding, personally came and appeared the
persons whose names are hereunto subscrib-
ed, who declared that availing themselves
Of the laws of this state, in such cases
made and provided relating TO the organi-
Zation of corporations, they have covenant
ed and agreed, and do by these presents,
covenant and agree, bind, form and consti-
sons as may hereafter join or become asso-
ciated with them, into a corporation and
body polite In law, for the objects and pur-
poses, and under the agreements and stipu-
latiOns following, to-wit:
ARTICLE 1.
The name and title of this corporation is
WALKER TAILORING COMPANY.
Its domicile shall be in the city Of New
Orleans, state of Louisiana, and 1t shall
have and enjoy succession for period Of
ninety-nine 800 years from the date and
day thereof All citation or other legal
process shall be served upon the president,
and in the event Of his absence or inability
to act, upon the secretary treasurer.
ARTICLE III.
The objects and purposes for which this
corporation Is organized and the business to
be carried on by 1t are hereby declared to
be merchant tailoring and all things apper-
ARTICLE III.
The capital stock Of this corporation is
hereby fixed at the sum of fifty thousand
dollars S50,0O0.O0), divided into five hun
dred 5000 shares Of the par value Of one
hundred dollars (s100O0) each, which shall
be paid for In cash upon the call of the
board of directors. Shares may be issued,
In nn&
received by the corporation. This corpora
tion shall become a going concern as soon
as thirty 800 shares have been subscribed
for No transfer of stock shall be binding
upon the corporation unless made upon its
books.
No stakeholder shall have the right to
dispose OF any share of stock held by him
until he shall have. offered the same to the
corporation, which shall have the right to
purchase same for cash at book value with
In ten (1O) days after the same has been
offered TO 1t. Shares so purchased by the
corporation can be re-issued No sharehold-
er shall pledge his stock unless he shall
have first secured the consent of the board
OF directors in writing;
All the corporate powers of this CORPORA
ton shall be vested In and exercised by a
board Of directors to be composed of three
l3l stockholders. majority shall consti-
tute a quorum for the transaction of all
business. The directors shall be elected
annually by ballot by the stockholders on
the first Monday following the first day Of
be held in January, 1918 Each stockhold,
er shall be entitled lin person or by proxy)
to one (1) vote for each share owned by
him; Ten (1Ol days notice by mail Of all
meetings and elections shall be sent to each
stockholder at the last address left by the
stockholder with the observation-disclosures
The directors thus elected. shall continue In
tors shall have been duly elected and ouali-
ned. A vacancy occurring among their
number shall be filled by the remaining di.
rectors for the unexpired term.
The directors shall elect a president. a
vice -president and secretary-treasurer,
who shall hold Office for the same term as
directors, and who must be stockholders Of
the corporation.
ARTICLE v.
Until the election to be held In January,
1913, and until their successors are duly
elected and qualified, the following stock
directors: Mary Ellen Walker Regina Walk
er and Urban "A. Pfeferle, of whom Regina
walker shall be president, Mary Ellen Walk
er snail be vice-president, and Urban A
Pfefferle shall be secretary-treasurer.
ARTICLE vi.
NO stakeholder shall ever be held liable
or responsible for the contracts, faults or
mere informally In its organization have
the effect Of rendering this charter null or
or exposing a stakeholder to any liability
beyond the unpaid balance due on the shares
ARTICLE VII.
Tnis act OF Incorporation may be changed
modined or altered, or this corporation NAV
be dissolved with the assent OF the stock.
holders owning two-thirds of all of the
STOCK OF the corporation at a general meet.
ing convened for that purpose, and after at
least ten t1Ol days written notice of this
meetlng mas been given through mail adj
dressed TO each shareholder at the place of
residence left with the secretary treasurer.
In case OF dissolution by the expiration of
TINS charter or otherwise, the stockholders
snail elect one or more liquidators from
among their number to liquidate and settle
the business and affairs of this company.
In case OF the death or disability of any one
OF said commissioners or liquidators. the
survivors shall appoint a successor to him.
The subscribers hereof have each written
opposite their names the number of shares
subscribed for by them, so that this act NAV
serve as an original subscription list.
Thus done and passed In nv nota rial Of
nee ct the city of New Orleans aforesaid in
the presence of Rosa Klar and William g.
Mcleod, competent witnesses, who hereunto
sign their names with said appearers and
me; notary, on the day and date first herein
Original signed) Regina Walker. Marv
Ellen Walker, lilly Walker, u. A. Pfefferie.
William c. Mcleod, Rosa Klar.
FRANK e. RAINoLD, Notary Public
4, the Undersigned, recorder Of MORTGAGES.
In and for the parish Of Orleans, state OF
Louisiana, do hereby certify that the above
and foregoing act of Incorporation Of the