The herald. [volume] (New Orleans, La.) 1905-1953, 1913-06-26
{ lIARTER
OF ORIENTAL IMPORTING COMPANY.
UNITED STATES OF AMERICA, STATE
OF LOUlSIANA,ClTE OF NEW OR
LEANS


OF LOUlSIANA,ClTI OF NEW OR
LEANS.
Be it known, that on this nineteenth day
Of the month Of May, in the year of our
Lord, on" thousand nine hundred ana thir-
teen, before me. Charles Theodore Starkcy.
notary public, duly commissioned and
qualified, in and for this city and the parish
OF orleans, therein residing, and in the pre-
Nenc@ OF the witnesses hereinafter named
and undersigned. personally came and ap-
prar"d the parties whose names are hereunto
subscribed, all of full aye. who declared that
awaiting themselves Of the provisions Of the
laws Of this state relative to corporations
they haY" coyenanted anG agreed and By
these presents covenant and agree, and bind
themselves, as well as such other persons
As may hereafter become associated with
them, 10 form and constitute a corporation
and body polite in law, for the purposes and
objects and under the StipuationS. articles
and conditions following. to-wit:
ARTICLE The name and title Of said
corporation shall be Oriental Importing
Company, and its domcie is hereby rstab-
liShed in the city of New Orleans State Of
Louisiana; and under its said corporate
name. said corporation shall have power and
authority 10 contract sue and b. sued to
make and use corporate seal. and the same
to break and alter at pleasure To hold. re
c"ive. have, purchase. improve, ALLEVIATE con
vey, sell borrow, pledge. mortgage and by
p"thecate, under its said corporate name
property. real. personal and mixed TO name
and appoint such officers. directors agents
and managers or employees as the interest
or convenience of said corporation may re-
qulre 10 make and establish bylaws rules
and regulations for the proper mana cement
and regulation Of its affairs as NAV be
deemed necessary and proper. and the same
10 change and alter at pleasure: and to do
all other acts and things permitted by law
or as shall or may he necessary and proper
TO carry out the objects and purposes Of sad
corporation.
said corporation. unless sooner dissolved
in accordance with iN charter shall exist
and continue for the period of ninctv-pine
years. from and after the date hehof
The president, or in his absence. the vice
president. shall be the proper person upon
whom citation or legal process shall be
served.
ARTICLE 1.-THE objects and purposes
for which this corporation Is organized and
the nature OF the business to be carried on
~ 1t. are declared to be the following. to-wit
To import export. buy and sell laceS linen
embroideries, waist patterns, curtains
dresses, kimonaS and generally to do a dry
goods business and everything appertaining
or in any wise connected with said business
ARTICLE III-The capital stock of this
corporation shall be ($J .OOO) Five Thousand
Dollars. divided into and represented by fifty
I'O) shares of stock Of the par value of One
Hundred $1,000 Dollars per share.
The stock shall be paid in cash at the time
OF subscription. or the same may De issued
at not less than par In payment or exchange
for property or rights actually received or
purchased by said corporation. or the same
NAV be issued. full paid, for money advanced
and for such other valuable considerations
or services as the board Of directors of said
corporation may determine: provided. that
no stock shall be issued until the consider
alton therefor has been received by the said
corporation.
Any stakeholder may sell. assign or trans
fer lis stock in this corporation provided
thirty 600 days prior notice of such in
tention to sell. assign or transfer the same be
given the company, and the other stock
holders thereof shall have the first privilege
OF purchasing same. after which thirty days
notice the said stock may be sold in open
market.
The stock of said corporation may be trans
ferred under the above conditions provided
such transfer thereof he made on the books
Of said company. at its office and on surren-
der of the certificate therefor. No transfer
OF any fractional part of a share shall be
made
This corporation shall commence doing
business as soon as Three Thousand (S3. OOO)
Dollars of the capital stock shall have been
subscribed for.
The board of directors shall have the right
to determine how much stock shall be issued
ARTICLE IV.-The corporate powers of
this company shall be vested in and exercised
by, board of directors of not less than three
90 members, consisting OF the president.
vice-preSident secretary and treasurer
Two OF said board shall constitute a quorum
for the traSaction OF business and their
decisions shall be valid corporate acts
The following persons shall constitute the
first board of directors Michel Medawar
Antoine Medawar and Sol Gabai, with Michel
Medawar, president; Sol Gabai, vice-presi-
dent; and Antoine Medawar, secretary and
treasurer.
The officers of secretary and treasurer
may be held by one or more persons who
need not be stockholders.
During the absence of the president the
yice-presdent shall act and preside
r1 hal in nnEa
the first Monday in June, 1914. on which
date, and thereafter annually, a board of
directors shall be elected, unless the same
should be holiday, when the election shall
be held on the next legal day thereafter.
Notice of such election shall be given only
TO stockholders by at least ten 1O) DAYS
continuous publication Immediately pre-
ceding each election in one of the dali En-
glish newspapers of this city and the board
Of directors shall appoint one or more stock
holders to preside at such election as CON-
miSsioners. In the event of the failure of
any commissioner or commissioners to at
tend, the president shall, by appointment
fill the vacancy Any failure from any
cause wha teyer to elect directors the day
named for that purpose shall not dissolve
the corporation; but the directors then in
Office, as we'll as the officers of said COM
pany, shall hold over until their successors
are chosen.
In such event the president shall cause
another election to be held within thirty
days, and shall give notice thereof as here
inbefore provided.
At every election and meeting each stock
holder shall be entitled TO vote for each
share of stock registered in his name, and
may vote by prory.
The election of directors shall be by bal
lot, and the majority in amount of votes
cast, each share of stock voted upon to be
counted for one vote, shall elect the person
or persons for whom they have been cast.
After each election the board of directors
fRnn hnf hos h 81
fcers of said company.
ARTICLE V-The board Of directors
shall have the full power to fill vacancies
In their number, caused by death, resigna-
tion Of otherwise. from among the stock
holders of the corporation.
The said board shall have full control OF
conduct, manage and use the same as in
their discretion they deem fit, and that Is
CONSTANT with the objects Of this company
or the welfare OF the same.
The said board is further authorized to
frame and adopt such bylaws, rules and
regulations as the affairs and business of the
corporation may require, and as IL may deem
necessary for the conducting and manage
ment thereof; provided, the same shall not
conflict with this charter or with the laws
Of the State or of the United Staes
The said board shall elect or appoint a
secretary and such other officers, agents,
employees, servants and clerks as it may
deem necessary for the conducting Of the
business OF the corporation, term of service,
with the right to dimiss them at said
boards pleasure.
ARTICLE VI|This charter NAV be