The herald. [volume] (New Orleans, La.) 1905-1953, 1913-08-28

[ Alfonso \. RifeI. Gustave r Baldwin. all
residents u the city Of New Orleans. state
Of Louisiana. ana II The full age Il ma
/ iori-y. who declared that ayaiiinc themselves
/ II the laws Of this state. relative % the or
CARNATIONS Of corporations, in such cases
made and provided. they have formed. and u"
by these presents form themselves into and
constitute themselves. their associates. sue
l cesSors and assigns a corporation for the Oh
| jects and purposes. and under the stipu.a-
| tons herein set forth, which they adopt as
Z their charter tO-Wit:
! Article 1.-The name and title Il this
/ corporation shall BE the Ivory Garter Com
! pany." and il shall have and enjoy cor
I porate succession for period OF ninety nine
years from this date. and shall nave, Tor
/ the purposes Of the business 10 b. carr!ei
! on by II, all the powers conferred by law
upon corporations, including the power 10
contract debts. borrow money, issue notes
and other Obligations, and 10 purchase. lease,
sell. mortgage. pledge. exchange and other
wise acquire. ALLEVIATE or dispose or prop
erty. real, personal or mixed, in the prosecu-
ton of its business 10 contract, sue and De
sued: 10 make and use, IL ii 80 desires,
corporate seal, and the same 10 break or
alter at pleasure 10 make bylaws Tor us
government, and the same 10 alter, amend
or repeal al pleasure 10 name ana employ
such managers. directors. officers. agents and
employees as its interests may require. and
generally TO exercise all the powers neceS-
sary or convenient to carry on said business.
Article 1.-THE domiclle OF this corpor-
alton shall be in the city OF New Orleans
state OF Louisiana, and all citations ana
other legal process shall b. served on the
president. and in case OF his absence, or dis
ability on the vice-p president. and in case
OF the absence or disability of both OF said
officers. then on the secretary treasurer.
Article Ill-The objects and purposes Tor
which this corporation Is organized, and
the nature OF the business 10 be carried on
by il, are hereby declared 10 be TO manufac-
ture purchase. or otherwise acquire, deal
In and sell, novelty articles, and more par
carriers
erS Of every kind and character whatsoever
also all parts devices and instruments. ap-
planes, machinery and things necessary
in the manufacture Of said novelty articles.
elias carriers. belts and SuspenderS: and
TO acquire by lease. purchase or otherwise.
patent rights and trade marks in the in
terest and behalf Of said business, and 20
DO any and ali other things incidental TO or
connected with said business.
Article IV.-The capital stock Of this cor
poratiOn is hereby fixed at twenty thousand
dollars $50. OO1.OOD, paid n cash, divided
into and represented by TWO hundred GOO
shares OF the par value OF one hundred dol
lars (s1OO.O0J per share.
Article V.-Au powers OF this corporation
shall be vested in a board Of directors. con
slstinz OF not less than three Stockholders.
who shall BE- elected annually at a meeting
Of the stockholders. to be held on the first
Monday in January Of each and every year.
except the board OF directors hereinafter
provided for. who shall hold Office until the
first Monday In January, 1919, or until
their successors are elected and qualified.
All elections shall be held by ballot at the
office OF the company. under the superYi-
sion Of two commissioners, 10 be appointed
by the board
Notice Of stockholders meetings or cleo
tiOns shall D. given by the secretary treas
urer in writing. delivered 70 each stock
holder in person. or mailed 10 his last known
address. az least ten days prior TO such
stockholders meetings or elections. or by
one publication in a newspaper Of this city,
at least ten days prior % such elections or
meetings OF stockholders
Every stOckhOlder shall be entitled 10 one
vote for each share OF stock standing In
his name on the books OF the company at the
date Of said stockholders meeting or elee
ton, said vote 10 BE- cast In person, or 6y
written proxy. and a majority OF votes cast
shall elect, or prevail, provided majority
Of shares Of stock issued snail have been
present or represented
Failure 70 elect directors az any annual
meeting shall not dissolve or affect the cor
poratiOn. but the directors in Office shall
continue as such until their successors are
elected and qualified. The first board Of
directors. under this charter. shall consist
Of NIgent B. Vairin, president: Alfonso 4.
Riffel, vice-presdent Gustaye 3. Baldwin,
/ secretary treasurer; said board OF directors
shall hold office until the n0st Monday In
January, 1915. or until their successors are
elected and qualified, and any two Of whom
shall constitute a quorum.
All vacancies In the board, or among the
officers shall BE- filed by the remaining direc-
tors, ana any MEMBER OF the DCaFu may AIt-
point any other stOCkholder his proxy 20 at
tend any meeting In his place and stead.
The board shall be vested with full pow
| er and authority 70 make all contracts. pgr-
chases, sales and perform all other acts nee
essary for the proper conduct OF the bIsi-
ness.
The signature OF the president or vice
/ president shall Re binding upon the com
/ pany when attached 70 checks or notes Of
/ said company.
Article YL-This corporation may b. dis
| solved either By Limitation or twO-thirts
vote Of the capital stock. issued, and said
/ liquidation shall BE- carried on by two CON
/ missloners 10 be appointed from amongst
| the stockholders at general meeting called
for that purpose. Of which meeting notice
/ shall De given as hereinabove provided for
and a majority OF the capital stock present
| at such meeting shall elect. Said commits
sioners shall remain in office until a full