The herald., 1914-02-05
CHAR TER
- II n N Z II
OLE q L KNITTING MILL

CHARTER
OF o. X. KNITTING MILLS, INC.
State Of Louisiana, Parish of Orleans City
OF New Orleans.
Be it known, that on this thirtieth day of
December, IN the year one thousand nine hun
dred and thirteen, before me, William Morgan
Harmon, notary public in and for the par.
lsh OF Orleans, state of Louisiana, duly COM
missloned and qualified, and in the presence
of the witnesses hereinafter named and un-
derslgned, personally came andN appeared the
persons whose names are hereunto subscribed
| all above the full age of majority, who sew
orally declared that availing themselves of
the provisions of the laws of this state rela-
tive to the organization of corporations, they
have formed and organized, and by these pres
ents do organize themselves into a corpora
ton and body polite in law for the objects
and purposes, and under the stipulations fol-
| lowing, to-wit:
Article 1.-The name and title of the COR
poratlon shall be o. h. Knitting Mills Inc
and its domicile shall be in the city of New
Orleans state OF Louisiana, and il shall have
and enjoy succession by its corporate name
Tor period Of thirty years from and after
This corporation shall have power and au-
| thOrity TO contract, sue and be sued in its
corporate name; TO make and use q corporate
seal; to hold, receive, hire and purchase real
| and personal property and to SELL mortgage or
pledge the same, and to borrow money and
| issue bonds, notes, and other obligations
| All citations or other legal process shall be
| served upon the president, and in the event
| OF his absence inability TO act from any
| cause, the same shall be served upon the
| Secretary-treaSurer.
Article 1.-THE objects and purposes for
which this corporation is organized, and the
| nature OF the business to be carried on by il
are hereby declared TO be: 10 manufacture.
buy, sell, export import, and generally deal
/ IN sweaters, caps, leggings, gloves, mittens,
shawls, and knit goods of every kind and de.
| scription.
Article III.-The capital stock of this cor.
| poration is hereby fixed at the sum of twenty
five thousand dollars, divided into and repre-.
| scented by. $50 shares of the par value of one
| hundred dollars.
This corporation shall commence business
as soon as 1--WE thousand dollars of its cap
ital stock shall have been subscribed for
| Article IV.-All the corporate powers of
| this corporation shall be vested in and exer-
| cised by board of three directors, to be COM
posed OF stockholders, two of whom shall con-
| Sttute a quorum Tor transacting all business
| The board OF directors shall be vested with
| full power and authority TO make all contracts,
purchases, and sales, and adopt all bylaws,
| rules, regulations for the government of the
| business and affairs of the company. and TO
| alter, amend and change the same at pleas
| ure; appoint, hire, and discharge all officers
agents and emloypees, FIX all salaries and
generally do and perform all things necessary
IN the transaction of the business and affairs
| OF the company. Any vacancy occurring in
said board shall be filled by the stockholders
|
| of directors
The first board of directors of this corpor.
alton shall consist of Nathan Orsher Saul
hronengoid and John Flint Carter, Jr. On
| the second tuesday in January, 1914, the board
| OF directors will duly elect president, vice
president and secretary-treasurer; and until
Such election any of the above directors shall
| be the proper officers upon whom citation mr.
other legal process may be served.
| On the second Tuesday in January, 1915.
ana annually thereafter, an election for di-
rectors shall be held at the Office of the COM
pany, and the directors then elected shall
| take their seats Immediately and shall hold
| ONCE until their successors are duly elected
and qualified. Each board shall elect its
own ofhcers, which shall consist of presi.
| urer. @
| All corporate elections shall be by ballo.
ana majority of the votes cast shall elect,
| ana each share of stock shall be entitled 10
| one vote either IN person by proxy.
| written notice of elections shall be given
TO each stakeholder by the secretary.treas.
uIer az least 10 days prior to elections.
| article N.-Ihis act of incorporation NAV
De changed, altered, or modified or this cor
poration dissolved, with the assent of three
iourths OF the stock present or represented
al any general meeting of the stockholders
convened for that purpose after thirty DAYS
PRIOR notice OF such meeting shall have beer
given by publication in one of the newsna
fe.s PIh3Iiished in the city Of New Orleans by
nve publications during said period, and such
changes as may be made in reference 10 the
capital stock shall require in addit;on m
Gays notics e., IN writing to each stakeholder.
| ,hrucle NI-Nhenever this Corporation IL
dissolved, either by limitation of its charter
from any cause, its affairs shall be lioni.
| GATED by three liquidators to be anno;nted
,bo among the stockholders at a meeting of
sEe stoeknoIders convened for that purpose
| diler ~ days prior notice shall have hen
| gwen by the secretary to each stockholder
Said Iiquidators shall remain in bffce until
f,g, shairs OF said corporation shall have been
| INUNDATED n oE Al
| to act i S"hinue
Article XII.-No stakeholder of tbi, eorno.
| fauon snail ever be held liable or resnons;bI.
Tor the contracts or faults thereof in nv T,..
| Iner sum than the unpaid balance due n ~.
| corporation on the shares owned by him 80
Sa S, ,S any mere infOTmality in organization
| nor OF exposing a stakeholder TO any Iiab;I;t :,
| beyond the amount of his stock
| ne SUBSCRIBERS hereto have each written
S Spbscr;b ineir names the number of shares
subscribed for, so that this act NAV also
serve as the original subscription list
mus done and passed at nv Office !, n.
e eny OF New Orleans, Louisiana, in the pres.
competent witnesses Of lawful aSe ,n 0SVestI s
ing IN this city, who have signed tbe;r ,.-Ie.
.eun.o, together with said appearers and
YSioI moG9Siy; after due reading of the whole.
; kronengold, subscribed to "a sbares ."1leS
C3Tter, Jr., subscribed to 1 share = f.
| witnesses: Enola Murphy, Louis Sevest,.
Ca. w: M. HARMON, Not. Pub
otate OF louisiana. Parish of Orleans.
and for the parish of Orleans, state - ga N
ana, 90 hereby. certify that the above md
IRSresGins act Of Incorporation Of the 20. A X
corded tsdng ;, Mills; Inc was this day duly re.
| NeS Orleans, December 30, 1918 w.
| Eighed): EMILE J. LEONARD, DIV. R
! hereby certify that the above and fore.
gn1T Is true and correct copy of the orig.
Knitting Mills, Inc, together uit5 " \.
n ne1aG OF TIE recorder Of mortgages for IN.
parish OF Orleans, state of LOUISIANA. tb.re.
=; u1'0 smxed, the whole on file and Of record
In my notarial Office, current records.
in faith whereof hereunto arr NV b,rd
Hno sea- OF ofhce this Oth day of Decemhrr
'' W. N. HARMON, Not. Pub