The herald., 1913-07-03
III AFTER

CHARTER
OF 0RIENTAL, ,. iMtOkT IH.G re- ToN sTHTt
OF LOUlSIANA,ClTf OF Ne" Ok
LEANS.
B. il known, that on this nineteenth day
| Of the month Of May, in the year Oh our |
| Lord one thousand nine hundred and thlr-
| teen. before me. Charles Theodore StarHey;
| a notary public duly commissioned anu
qualified, in and for TINS city ana Ihe "a. ,rt
! Of Orleans. therein residing and IN the pre-,
>enre Of the witnesses hereinafter named
and undersigned, personally came ana APP
| peared the parties whose names are hereuhto
| Subscribed all Of full age, who declared that
awaiting themselves OF the provisions OF the
| laws of this state relative TO corporations
| they have coyenanted ana agreed, and by
| these presents covenant and agree, ana Pima
| themselves, as well as such other persons
| as NAV hereafter become associated with
! them, 10 form and constitute a corporation
and body polite in law, FOR the purposes and
| objects and under the Stipulattons, articles
and conditions following. tO-wit:
| ARTICLE 1.-The name and title or said
! corporation shall be Oriental importing
| Company, and It's dOmicile is hereby estaO
lished in the city Of New Orleans, State OF
| Louisiana; and under its said corporate
name said corporation shall have power ana
| authority to contract, sue ana be sued 10
| make and use corporate seal, ana the same
| to break and alter at pleasure; 10 hold re-
ceive have. purchase. improve, ALLEVIATE con
| vey sell borrow. pledge mortgage and ny
pOthecate, 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
uuire: TO make and establish bylaws, rules
| and regulations for the proper management
and regulation Of Its affairs as may be
deemed necessary and proper, and the same
to change and alter at pleasure ana 10 90
all other acts and things permitted by law,
or as shall or may be necessary and proper
10 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 ninety nine
: 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
b served.
e ARTICLE 1.-THE objects and purposes
: for which this corporation is organized, and
the nature OF the business to be carried on
: " IT, are declared TO be the following tO-wit
d To import. export, buy and sell laceS, linen,
e embroideries, waist patterns, curtains,
= dresses. kimOnas and generally to do dry
v goods business and everything appertaining
or in any wise connected with said business.
= ARTICLE III.-The capital stock Of this
{ corporation shall 5,0OO) Five Thousand
b Dollars. divided into and REPRESENTED by fifty
: 900 shares of stock of the par value Of One
Q Hundred (s1OO) Dollars per share.
e The stock shall be paid in cash at the time
q OF subscription, or the same may De issued
d at not less than par, In payment or exchange
d for property or rights actually received or
n purchased by said corporation or the same
e may be issued, full paid for money advanced
y and for such other valuable considerations
or services as the board Of directors Of said
II corporation may determine: provided that
II no stock shall be issued until the consider
T. 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 10 sell, assign or transfer the same b.
given the company, and the other stock
holders thereof shall have the first privilege
i OF purchasing same, after which thirty days
\, notice the said stock may be sold in oper
u market
l. The stock Of said corporation may be tran:
!; ferred under the above conditions; provided
a such transfer thereof be made on the book;
u OF said company, at its Office. and on surren
;, der OF the certificate therefor. No transfer
x Of any fractional part OF share shall b
"a | made.
e This corporation shall commence dom.
a business as soon as Three Thousand (s3, 900
+ Dollars OF the capital stock shall have beef
( subscribed for.
re The board of directors shall have the RICH
4 to determine how much stock shall be issued
u ARTICLE 1V.-The corporate powers o
" this company shall be vested in and exercise
n by, board Of directors of not less than thre
" (3) members, consisting Of the president
Of vicepresident, secretary and treasurer
Id Two of said board shall constitute quorum
e, for the trasaction OF BUSH ess, and thei
Of decisions shall be valid corporate acts.
ne The following persons shall constitute tn
r first board Of directors: Michel Medawai
" Antoine Medawar and Sol Gabai, with Niche
e. Medawar, president; Sol Gabai vice-pres
US dent; and Antoine Medawar, secretary an
II treasurer.
o; The officers Of secretary and treasure
10 may be held by one or more persons, VIII
10 need not be stockholders
eu During the absence Of the president, tn
a., vice-president shall act and preside.
ns Said board shall continue In office unit
a, al the first Monday in June, 1914. on whic
dafn nd flor 10 rI 4
a directors shall be elected, unless the sam
&c. should be a holiday, when the election sha
70 be held on the next legal day thereafter.
ne Notice of such election shall be given onl
o5 to stockholders by at least ten QO) day
,ss continuous publication Immediately pr
nd ceding each election In one OF the dali Fl
en- glish newspapers Of this city and the boar
re- Of directors shall appoint one or more stoc
nv holders to preside at such election as cor
all missioners. In the event Of the failure
ed any commissioner or commissioners to a
,ck fill the vacancy. Any failure from ar
ro- cause whatever to elect directors the d.
ers named for that purpose shall not dissol'
he the corporation; but the directors then
ng Office, as well as the officers of said cor
as pany, shall hold over until their successo
he are chosen.
'ed In such event the president shall eau
tie. another election to be held within thir
ell days, and shall give notice thereof as her
tut inbefore provided.
ers At every election and meeting each stoc
I'm nOl0er snail De entitled TO vote Tor eat
te- share Of stock registered In his name, al
me may vote by prory.
en- The election OF directors shall be by bs
uy lot, and the majority in amount of vot
nu cast, each share of stock voted upon to
on' counted for one vote, shall elect the perst
Gu or persons for whom they have been cast.
"a After each election the board of directo
,ra shall elect from their own number the
,,nss fcers Of said company.
ARTICLE V.-The board Of directio
nv shall have the full power to fill vacanci
he in their number, caused by death, resign
me ton OF otherwise. from among the stOc
es holders Of the corporation.
The said board shall have full control
ew the property Of this company, and shall
we conduct, manage and use the same as
A their discretion they deem fit, and that
lit CONSTANT with the objects Of this compal
ito or the welfare OF the same.
me- The said board Is further authorized
frame and adopt such bylaws, rules a.
7. regulations as the affairs and business Of I
corporation may require, and as ii may dee
necessary for the conducting and manal
ment thereof; provided, the same shall n
'es. conflict with this charter or with the la
or OF the State or of the United Staes.
)ve The said board shall elect or appoint
ar secretary and such other officers agen
vas employees, servants and clerks as Ii m
'ok deem necessary for the conducting of I
. business OF the corporation, term of servi
o. with the right to dimiss them at sa
, boards pleasure.
~ ARTICLE VI-This charter may
changed, modified or amended, the capt.
stock increased or decreased, or this corp.
Ian :.