The herald. [volume] (New Orleans, La.) 1905-1953, 1913-07-10

BE il known, that on TINS nineteenth uay
| Of the month of May, IN the year Of our
/ Lord one thousand nine hundred and thlr-
| teen before me- Charles Theodore Starkey,
| "A notary public, daily commissioned ana
/ qualified. in and for this city and the parish
| Of Orleans. therein residing, ana IN lne pre-
! >anc. of the witnesses hereinafter named
and undersigned, personally came and ap-
reared the parties whose names are hereuntO
| subscribed all of full age, who declared that
availing themselves Of the provisions Of the
| laws of this state relative TO corporations,
! they have cuvenanted ana agreed, ana by
| these presents covenant and agree, and bind
| themselves, as well as such other persons
as may hereafter become associated with
! them. to form and constitute Il corporation
| and body polite in law, for the purposes and
| objects and under the Stipulatlons, articles
/ and conditions following, tO-wit:
ARTICLE 1.-The name and title or said
/ CORPORATION shall be Oriental Importing
| Company and its dOmicile is hereby estab-
! Hshed 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 be sued; 10
make and use a corporate seal, and the same
| TO break and alter at pleasure; 10 hold, re
| criye, have. purchase. improve, ALLEVIATE, con-
vey, sell borrow. pledge, mortgage and ny
pOthecatc, 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
| quirc; to make and establish bylaws, rules
and regulations for the proper management
! and regulation OF Its affairs as may he
| deemed necessary and proper, and the same
! to change and alter at pleasure; and TO do
! all other acts and things permitted by law,
| or as shall or may be necessary and proper
| to carry out the objects and purposes Of sad
corporation.
Said corporation. unless sooner dissolved
! in accordance with il charter, shall exist
! and continue for the period OF ninety nine
years, from and after the date hehOf.
ThA or N "a
| 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 10 be carried on
| ~ ii, are declared to be the following. tO-wit
To import, export, buy and sell laces, linen,
| embrOderies, 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 lII.-The capital stock of this
| corporation shall be $4,000 Five Thousand
Dollars. divided into and REPRESENTED by fifty
| 900 shares of stock of the par value Of One
| Hundred (S100l 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
| may 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 900 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 be 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 share shall be
made.
This corporation shall commence doing
| business soon Three Thousand (S3, 00OD
| 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
OBJ 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 yice-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
vice-president shall act and preside.
Said board shall continue in office until
the first Monday in June, 1914, on which
date, and thereafter annually, board of
directors shall be elected, unless the same
should be a holiday, when the election shall
| he held the Local 6ay thpraa
Notice of such election shall be given only
to stockholders by at least ten (l0) 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 com.
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 whatever to elect directors the day
named for that purpose shall not dissolve
the corporation; but the directors then in
office, as well as the officers of said com.
! pany, shall hold over until their successors
are chosen.
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
, shall elect from their own number the of
, ficers OF said company.
ARTICLE V.-The board of directors
, shall have the full power to fill vacancies
, in their number, caused by death. resigna
= tlon or otherwise. from among the stock
holders of the corporation.
The said board shall have full control Of
' the property Of this company, and shall 81
E conduct, manage and use the same as In
their discretion they deem fit, and that 1.
CONSTANT with the objects Of this compan,
D or the welfare OF the same.
, The said board Is further authorized Il
frame and adopt such bylaws, rules anC
. regulations as the affairs and business Of tn,
corporation may require, and as 1t may deem
necessary for the conducting and manage
ment thereof; provided, the same shall no
: conflict with this charter or with the law,
I Of the State or of the United Staes
The said board shall elect or appoint ;
secretary and such other officers agents
: employees, servants and clerks as Ii ma,
deem necessary for the conducting Of tn,
business Of the corporation, term of service
with the right to dimiss them at saiC
boards pleasure.
ARTICLE VI.-This charter NAV b
changed, modified or amended, the capita
stock Increased or decreased, or this corpor
poratlon may dissolve at a general meetin,
or the stockholders convened for the purnos
with assent Of three-fourths of the entir,
capital stock, whether present or represented
: at such meeting.
Ten days prior notice OF such meeting shall
' De given In any daily English newsna no