The herald., 1914-07-30
CHARTER
OF FACTORY TO HOME COOPERATIVE
SnIrIII,N


United States of America. Sta't.o Louisiana.
Parish of Orleans, City OF New Orleans.
BE ii known, that on this ~ day Of the
month Of July, in the year OF pr Lord, one
thousand nine hundred and ftirtecn 09l+D,
before me- Charles Theodore Starkey, a notary
public, duly commissioned and qualified, in
and fo- this city and the parish of Orleat :,
therein residing, and IN the presence OF the
witnesses hereinafter named and undersigned,
personally came and appeared the parties
whose names are hereunto subscribed, all Of
full age. Who declared TINT, availing them
selves OF the provisions of the laws Of this
state, relative to corporations, they have COW
enanted and agreed, and 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 con-
stitute a corporation and body polite in law,
for the purposes and objects AZ d under the
stipulations, articles and conditions follow
ing to-wit: .
poration shall be Factory To Home Cooper
alive Saving Society,"" and its domicile is
hereby established in the city Of New Or,
leans, state of Louisiana; and. under its said
corporate name, said COrOpration shall have
power ar authority to contract, sue and be
sued: to make and use corporate seal, and
the same to break and alter at pleasure; to
ate, convey, sell borrow, pledge, mortgage and
hypothecate, under tbs said corporate name
property, real, personal and mixed; 10 name
and appoint such officers, directors, agents
and managers or employees dS li4C Interest
or convenience of said corporation may re-
ouire; to make and establish bylaws, rules
and regulations for the proper managemeni5
and regulation of its affairs as 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 al d purposes of SAID corporation, ,
Said corporation. unless sooner dissolved
in accordance with its charter, shall exist and
continue for the period OF nInety-nine years,
from and after the date hereof.
The president, or in his absence, the vice
president shall be the proper person upoi
whom citation or other legal process shall be
served.
Article 1.-THE objects and purposes for
which this corporation Is organized, ana me
nature Of the business TO be carried on by II,
are declared TO be the following, to-wlt:
To make contracts, 20 purchase or otherwise
acquire, own, sell or otherwise dispose Of
trade and deal in dry goods, clothing. gro
ceries. provisions, hardware, fixtures, fu-ni-
turngs, notions household goods, and wares
and merchandise of every description; 10 &C
quire, own, improve, lease, sell and deal IN
real and personal property, including rights,
privileges and franchises, to own, handle and
control letters patent and Inventions; to issue
bonds. notes and other evidences OF lndebt-
edneSs and 10 secure payment OF the same by
mortgage, deed Of trust or Otherwise; 10 act
as agent, trustee, broker, or IN any hducIary
capacity. and 10 borrow and loan money, al
in general % do and perform such acts and
things and 10 transact such business, not
inconsistent with law, in any part OF the
world. as the board OF direcotrs may deem
to the Advantage Of the corporation.
Article III.-The capital stock Of this cor.
poration shall be one hundred thousand
$4,000 dollars, divided into and represent
ed BY ten thousand 10000 shares of stock
of the par value Of ten $50 dollars per share,
The stock shall be paid in cash at the time
Of subscription, or the same may be issued al
not less than par. in payment or exchange
purchased by said corporation, or the same
may be issued, full paid. for morey advanced
and for such other valuable considerations
or services as the board Of directors of said
corporation may determine; provided, that nc
stock shall be issued until the consideration
therefor has been received by the said cor