The herald., 1913-07-17

| of the month of May in the year of our
! Lord, one thousand nine hundred and thir-
! teen, before me. Charles Theodore Starkey,
| "A notary public. duly commissioned and
| qua lited, in and for this city and the parish
! OF Orleans, therein residing, and in the pre-
SenCe Of the witnesses hereinafter named
| and undersigned, personally came and APP
pcared the parties whose names are hereuntO
| subscribed, all of full age, who declared that
| agailing themselves OF the provisions OF the
! laws of this state relative TO corporations,
| they have COyenauted anu agreed, and by
| these presents covenant and agree, and bind
| themselves. as well such other persons
as may hereafter become associated with
them to form and constitute i corporation
and body polite in law for the purposes and
objects and under the Stipulations articles
and conditions following. tO-wit
ARTICLE The name and title Of said
cOrporltion shall be Oriental importing
Company, and its domicile is hereby estab-
lished in the city Of New Orleans, State Of
Louisiana; and, under its said corporate
name. said corporation shall have power and
authority to contract, sue and be sued TO
make and use corporate seal, and the same
TO break and alter at pleasure; 10 hold, re-
ceiye, have purchase, Improve, ALLEVIATE, con
vey, sell borrow, pledge, mortgage and by
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-
quire: to make and establish bylaws, rules
and regulations for the proper management
and regulation of its affairs may be
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
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 corpora tiOn is organized, and
the nature of the business TO be carried on
" it, 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 lll.-The capital stock of this
corporation shall be 50 ,OO0) Five Thousand
Dollars. divided into and REPRESENTED by fifty
t5O) shares of stock Of the par value of One
Hundred $1,000 Dollars per share.
The stock shall be paid in cash al the time
of subscription, or the same may be issued
N 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, tina
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 800 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
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 a share shall be
made.
This corporation shall commence doing
business as soon as Three Thousand (s3, OOO7
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,
ylce-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
trst 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-president shall act and preside
Said board shall continue in office until
the hrst 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
Notice of such election shall be given only
to stockholders by at least ten IO) DAYS
continuous publication Immediately pre-
ceding each election in one of the dali En-
gltsh newspapers of this city and the boar
or directors shall appoint one or more stock
holders to preside at such election as 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.
In such event the, president shall cause
DAYS: and shall give notice thereof as here
inbefore provided " N''
At every election and meeting each stock.
noIder snail be. entitled to vote for each
share of stock registered In his name and
may vote by prory
The election of directors shall be nv hal
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
s s eiect from their own number the Of
ncers or said company.
ARTICLE V.-The board of directors
snail nave the full power to fill vacancies
IN thelr number, caused by death, resigna-
b blCn OF otherwise. from among the stock
holders OF the corporation.
q, me said board shall have full control of
the property Of this company, and shall so
conduct, manage and use the same as In
tnelr discretion they deem fit. and that Is
CONSTANT with the objects of this company
or the welfare Of the same.
Inc said board Is further authorized IN
frame and adopt such bylaws. rules and
resuIations as the affairs and business of the
Uotporatlon may require, and as 1t may deem
necessary Tor the conducting and manage.
nlent thereof; provided, the same shall notl
c0hIllct with this charter or with the laws
OF the State or OF the United Staes
Inc said board shall elect or appoInt a
secretary and such other officers. agents
employees, servants and clerks as II NAV
deem necessary for the conducting OF the
,ish or the corporation, term Of service.
MIN MIN tne right to dimiss them at said
boards pleasure o"u
ARTICLE yI.-This charter NAV h.
changed, modified or amended. the canitaI
stocE increased or decreased, or this cornor. |
poIatlon may dissolve at a general meefino
OF me stockholders convened for the nnrnose
WIN assent OF three-fourths of the entire
at such meeting p''Sen Gu
len days prior notice Of such meeting shall
oe given In any daily English newspanerl
published In the CITY, p"pet