The herald., 1914-01-22
CHARTER

state OF LOUISIANA, Paush OF Orleans, City
Be it known, that on this thirticth day Of
| December, III the year one thousand nine hun,
dred and thirteen, before me, William Morgan
Harmon, notary public IN and for the par
Ish OF Orleans, state OF Louisiana, duly COM
mIsSIOned and qualified. and in the presence
OF the witnesses hereinafter named and un-
Idersrgned, personally came and appeared the
persons whose names are hercunto 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 thew
have formed and organized, and by these pres
entS do organize themselves into a corpora
! tion and body polite IN law for the objects
and purposes, and under the stipulations fol-
! lowing, tO-wlt:
Article THE name and title of the cor
poration shall be O. X. 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
for period Of thirty years from and after
| the date hereof.
This corporation shall have power and au-
thorlty to contract, sue and be sued in its
corporate name; TO make and use a 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 or inability to act from any
cause, the same shall be served upon the
secretary treasurer.
Article 1.-THE objects and purposes for
which tins corporation is organized, and the
nature of the business to be carried on by it
are hereby declared to be: to manufacture,
buy, sell, export, import, and generally deal
IN sweaters, caps, leggings, gloves, mittens,
sha"ls, and knit goods of every kind and de-
Article III.-The capital stock of this cor
poration is hereby fixed at the sum Of twenty
five thousand dollars, divided into and repre-
Sented by 2SO shares of the par value of one
This corporation shall commence business
as soon as five thousand dollars of its cap
ital stock shall have been subscribed for
Article lV.-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 quorum for transactng all business
The board Of directors shall be vested with
tull power and authority 10 make all contracts
purchases, and sales, and adopt all bylaws,
rules, regulations for the government of the
business and affairs of the company, and 10
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
N the transaction of the business and affairs
OF the company. Any vacancy occurring in
said board shall be filled by the stockholders
IN the manner as provided for in the election
of directors.
The first, board of directors of this corpor.
alton shall consist of Nathan Orsher, Saul |
kronengold and John Flint Carter, Jr. On
the second Tuesday in January, 1914. the board
OF directors will duly elect president, vice !
such election any of the above directors shall |
De the proper officers upon whom citation or |
other legal process may be served.
On the second Tuesday in January, 1915, |
and 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 duly elected /
cbal oil
own officers, which shall consist of presi- |
dent, vice-president, and a secretary-treas-
urer.
All corporate elections shall be by ballot.
and majority of the votes cast shall elect,
and each share of stock shall be entitled 10
one Nv vote either in person or by proxy.
Written notice of elections shall be given
to each stockholder by the secretary-treas.
urer at least 10 days prior to elections.
Article E.-IhIs act of Incorporation may
be changed, altered, or modified or this cor
poratlon dissolved, with the assent of three
fourths OF the stock present or represented
at any general meeting of the stockholders
for that purpose after thirty days
pIior notice OF such meeting shall have been
given by publication in of the newspa-
oers published in the city of New Orleans by
ive publications during said period, and such
>hanges as may be made in reference to the
:apital stock shall require in addition 10
lays notice in writing to each stockholder.
Article NI.-Whenever this corporation Is
1issolved, either by Limitation of its charter
y from any cause, its affairs shall be liqui-
lated by three liquidators to be appointed
rom among the stockholders at a meeting of
he stockholders convened for that purpose
liter ~ days prior notice shall have been
:lyen oy the secretary to each stakeholder.
Said liquidators shall remain in Office until
ne AFFAIRS OF said corporation shall have been
ully liquldated. In case of the death of
my liquidaIor, the survivors shall continue
o act.
Article VII-No stockholder of this corpo-
alton shall ever be held liable or responsible
or the contracts or faults thereof in any fur
orpoTation on the shares owned by him, nor
nall any mere informality in organization
AVE the effect Of rendering this charter null,
lor OF exposing stockholder to any liability
'eyond the amount of his stock
The subscribers hereto have each written
pposite their names the number of shares
uoscrlbed for, so that this act may also
eIye as the original subscription list
mus done and passed at my Office in the
lty OF New Orleans, louisiana, in the pres
nee Of Enola Murphy and Louis Sevestre.
omPetent witnesses of lawful age and resid-
ns IN inns city; who have signed their names
ereunto, together with said appearers and
ne notary, after due reading of the whole.
Signed: n. Orsher subscribed to Is shares;
: kronengold, subscribed to "a shares. ]. F.
,aaTter, yr., subscribed to share.
witnesses: Enola Murphy, Louis Sevestre
w. NJ. HANNON, Not Pub.
State OF Louisiana. Parish of Orleans
/, the undersigned recorder Of mortgages, in
nd for the parish of Orleans, state Of Eouisi-
ma, do hereby. certify that the above and
1regoing act Of incorporation of the 40. K. ,
-nitting Mills" Inc. was this day duly re- :
orded IN my offiee, in book lll9, folio 36s.
New Orleans, December 30, 1913.
(Signed): EMILE J. LEONARD, Dy. R.
l hereby certify that the above and fore
Ding is true and correct copy of the orig |
nal charter of Incorporation Of the 20. K.
>nitting Mills, Inc:," together with a certi- :
cate Of the recorder Of mortgages for the
arish Of Orleans, state of Louisiana, there |
nto affixed, the whole on file and Of record .
4 my notarial Office, current records.
in faith whereof hereunto afix my hand .
nd seal of Office this 3Oth day of December, :
'l3. w. n. HANNON, Not. Pub.