The herald., 1914-02-26
CHARTER

CHARTER
OF o. X. KNITTING MILLS, INC.
State OF Louisiana, Parish of Orleans, City
OF New Orleans.
BE II known, that on this thrteth dav OF
december, IN 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-
deTsigned' personally came and appeared the
persons whose names are hereunto subscribed
all above the tull age of majority, who sew
orally declared that, avsiling themselves of
the provisions OF the laws Of this state rela.
1--WE 10 the organization OF corporations thew
nave formed and organized, and by these pres
ents do organize themselves into a corpora.
tlon and body polite in law for the object,
and purposes, and under the stipulations fol.
lowing, to-wit.
poration shall be o. X. Knitting Mills. Inc
and Its dOmiCilc shall be in the CITY of New
orleans, state Of louisiana and il shall have
and ENJOY succession by its corporate name
| for a period of thirty wears from and af,.1
| 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 corDorat,
seal; to hold, receive, hire and purchase real
ana personal property and to SELL mortgage or
PIedSe inc 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 sny
cause, the same shall be served upon the
| secretary treasurer.
Article 1.-THE objects and purposes for
"hlch thus corporation is organized, and the
nature OF the business to be carried on by IL
are hereby declared to be: TO manufacture,
ouy, sen, export, import, and generally deal
| IN sweaters, caps, leggings, gloves, mittens,
/ scripton.
Article III.-The capital stock of this cor.
| hcTcbV AZ he IS
Ave thousand dollars, divided into and repre-.
scented by go shares of the par value of one
| hundred dollars.
This corporation shall commence business
as soon as hve thousand dollar. 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-
sutute quorum for transacting all business
| Inc 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
| ~ the transaction of the business and affairs
OF the company. Any vacancy occurring in
said board shall be filled by the stockholder,
| 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.
president and secretary-treasurer and until
| such election any of the above directors shall
| be the proper officers upon whom citation or
| other legal process may be served
On the second Tuesday in January, 1915.
ana annually thereafter, election for d.
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
ana qaalihed. Each board shall elect it,.
own othcers, which shall consist of presi.
| urcr.
All corporate elections shall be by ballot,
ana majority OF the votes cast shall elect,
| and each share of stock shall be entitled 10
one vote either IN person or by proxy
written notice Of elections shall be given
70 eaeh stockholder by the secretary treas
urer az least 10 days prior to elections
Article V.-This act of incorporation NAV
be changed, altered, or modified, or this coz.
Poration dissolved, with the assent of three
| fourths OF the stock present or represent.d
at any general meeting of the ,torkboIde-.
convened for that purpose after thirty dav.
PRIOR notice OF such meeting shall have hem
gwen 9y publication in one Of the newspa.
Pers published in the city of New Orlean, nv
hVe publications during said period. and such
changes as may be made in reference to m.
capital stock shall require in addition 10
u1s nI.ie vi IN writing to each stakeholder
| ,hrucle Nl.-Whenever this corporation /,
| olssoIved' either by limitation of its chartrr
Or from any cause, its affairs shall be Iiou;.
gated oy three liquidstors to be appointed
| from among the stockholders at a meeting ~
the stockholders convened for that n,,rSo, ~ ;.
| eitet ~ days prior notice shall have been
| gwen by the secretary to each stockhoIder
t Iaio snquidators shall remain in Office until
fully liquidated. In case of the d.s,h =,
any .iquidator, the survivors shall Continue
Article VII.-No stockhoId.r of hi.
f fauon shall ever be held liable or responsible,
!Ir tne contracts, or faults thereof in any f,,,.
tner sum than the unpaid balance Din. n ~.
sISi atlon On the shares owned BY him. No,
have the .e mere iniOLmality in organizatior
nor OF exposing stakeholder to any l;ab;i;,,
| 0efono tne amount of his stock,
onnns;,s SUBSCRIBERS hereto have each written
Subscribed fd- names the number of share.
seMe as the original subscription list
mus done and passed at nv Office !, -.
enS. OF y. Nsw Orleans, Louisiana, in the pres
competent Na witn. murphy and Louis Serestre
ing IN this city, whe have signed thr;r n.1o,
| -. "sether with said appearers anI
SSsned: y h at of.b due rfradins Of The whole
;: hronengold. subscribed 10 "a sh.-ss 9
|STter, Jr., subscribed to 1 share J. e
Witnesses: Enola Murphy Louis Sevestr.
Stat. e w: M. HARMON, Not Pub.
me undersigned recorder of mortgage. i
an. na ioL me parish of Orleans, state Of louis;
f sn. 90 hereby certify that the above and
Rn;,,;nlf S set OF Incorporation of the 20. k
co niLnE NILS, Inc, vas this day duly Re-
eoSaed IN my Office. in book iIi9' folio az 'e
NeE Orleans, December %. Ioi3 NO.
(Slsne0: EMILE J. LEONARD. DIV. R
oo;, certify that the above and fore
inai Shartsr , of Incorporation Of the 90 K
uniting Mills, Inc.." together vith go;
p ps1te OF The recorder Of mortgages for n,
unto affixed the whole on fle and ~ mere
my notarial efhce. current records.
in faith whereof hereunto an -,
,o,, seal OF Office this sth day Of Deeember
;;s W. N. HARMON, Not. Pub,