The herald., 1914-10-08

CHARTER

: m IN : y
/ - e. ~ ~. ''L'.'i N ~ - .N'.
/ mo- - '' - ,.'
| ., We -''" '.''"'.N. '''''' '. '.."".
DO . N'."', I..iI "h .''N '"ni' daN "' .H.
".'''. 'i .>eI.'".'.r .H 'H- sttE one l.9a-.rd
] ,'ir Aa.it'i a'd iHHr'rrr, before me- Robert
! LeS''T. notary lul.g, duly commissioned
@nd qih'i"ri in a"' Tor tac PARISH ui o.
leans. state ui Louisiana, aforesaid, therein
resldlns ard IN the presence OF the vr,ncs,c-
Hrfclraiicr named and undersigned, pc'-pu-
| any came ana -rpcard. the persons whose
names a'" hrfrNn'p subscribed. who declared
! mat aNdiINS themselves oi the provisions
| 'i la' Law. oi ,Hr -i1ie oi Louisiana and par
iou'AiiE N,i No. % OF the General Assem-
nly "l the state o. Louisiana ior the wear 1914.
! i1"N have '"'rn"n'ed aud agreed. and do. 10y
| these presents, covenant. agree, bind. lpru.
| ana constitute themselves, as well a' such
| o'hrT persons - may hereafter Jolu or be-
come "-~3'I.i'd with them INTO corpora
| '"I ana Dolly p.IN' m law 'oT the oHlrst-
aHh purpose ana under the agreements and
Nfibr Inc name and style ot tins cor
I'ia'i'h ~hd!i hc the X. Kougclot Sous.
me- and under that name u shall have and
ENJOY all the rights, privileges ami adyau-
idge~ granted 10y law I" corporations; II shall
| exist Tor a period OF ninety nine wears from
lIe H'le ttit"i' u >hal! nave power and AT
'h'rl'E 10 contrast sue ana be sued IN It's
'"il"ih'e name 10 make ana use a corporate
>'aI ana the same I" break or alter al pleas
"it: To nave ana employ Nuch managers, di-
ie'in'N' .'thtcI>' agents and other employees
aN me interest and convenience OF sand cor
f'''oh may require or demand; 10 mold, ic-
'ciFe' purchase. convey, mortgage, hyPpthc-
'a'e or P'euHt property real, personal or
nINeu' 10 issue bonds notes ana other "9Ii-
Sdll""H' ana To m"NG ana establish such by
laws Iu'cN ana regulations Tor the corporate
management ana control OF ITS business and
d1dI' a. may be deemed necessary or cNpc-
ultht.
Article Il--lhe d"mlCile OF Sald corpora
| non NhdIi ne IN the cry 81 New Orleans,
S'atG oi Louisiana; ana All citations and other
iegdi process snail be served ON the prcsI-
deht, ana IN M absence on the president
OF sdiu cooperation. In the event OF the alb
sence OF hoih oi SAID officers. then SAID pro-
cess shaII 3G served on the secretary.
Ariicle lIl.-lhc OBJECTS and purposes Tor
WhlCh ms corporation - organized and the
nature OF the business to be carried on by IT
are hereby declared 10 be: the buying and
seiilng "a wholesale and retail, for It's own
account or Tor the account OF others. all kinds
oil meTchandiSe' and generally, to do and en-
gage IN any other business, undertaking or
enterprise connected with, growing out of,
| gtrmdne or incidental 10 such general mcr-
| chlndise business.
Article IN.-lhe capital stock OF this cor.
| poTatlon IS hereby hNed at the sum OF sixty
| hEe thousand 'Sbo,VnUO) dollars, (which cap
| ital stock may he increased from time To
| time to a sum not exceeding two hundred
| and NIFTY thousand tS2S0.OOO.OOl dOllarsb. dI.
vided INTO SIX hundred and nifty C65Ol shares
| OF the par vdiue oi one hundred tSlOOUOl dol
1 4afs' edCh. WhlCh Shali De PAID tor IN cash,
| or IN lnStallments on the call OF the board OF
directors, or may be issued at not less than
| par tor services rendered to or property actu-
| ally purchased by the corporation.
| All shares OF stock shall he full paid and
| worcestershire, and all certificates of stock
| shall be signed by the president and SeCre-
tary OF thus corporation. No transfer of stock
| shall be binding upon this corporation unless
| made upon ITS books, and no stockhoIder shall
| sen or dispose ot ms stock without trSt Of
| terlng same To the corporation who shall have
| the right TO buy same within 10 days from
SAID ottlCe at current or market value.
Article N.-Ali the corporate powers Of t'ss