The herald. [volume] (New Orleans, La.) 1905-1953, 1914-03-05

and enjoy succession by its corporate name
for period Of thirty years from and amer
This corporation shall have power and au-
thority to contract, sue and be sued IN us
corporate name; 10 make and use corporate
seal: to hold. receive, hire and purchase real
and personal property and 10 sell, mortgage or
pledge the same and 10 ooTIG% mGney anu
issue bonds. notes, and other obligations.
All citations or other legal process snail DC
served upon the president, and IN the event
Of ms absence or inability 10 act from any
cause. the same shall be served upon the
Article 1.-The objects and purposes for
which this corporation IS organized. ana the
nature o. the business 10 He carried on ny II
are hereby declared 20 be. 20 nanNid
buy. sell. export. import, and generally deal
m sweaters. caps, lcggIuEs, gloves, mifienS,
shawis. and KNIT goods OF every KIND and &C.
Article III.-The capital stock Of this cor
plraliou is hereby fxcd at the sum OF twenty
I've thousand dollars, divided into and repre-
scu.cd 10y 25) shares Of the par value 81 one
hundred dollars.
This corporation shall commence business
IS soon as five thousand dollars OF rs cap
ItaI stock shall have been subscribed Tor.
Ar,icIe IN.-A4 The corporate powers Of
,Isci hy q board Of th--c directors, 70 he conf
posed Of stockholders, two OF whom shall con-
s'llu,c quorum Tor trlr-a acting all business.
The board 0t directors shall be vested with
full power and authority To- make all contracts,
purchases. and sales, and adopt all bylaws
rules, regulations lHr the government, OF 'He
business and affairs Of the company, and 10
alter. amend and change the same n peas
Irc, appoint, hire, and discharge all officers.
agents and cw.gypCCS, tx all salaries ana
gclCrallv DO and perform all things necessary
- the Transaction OF the business and aiiaits
II tine company. Any vacancy occurring IN
sand board shall be uiiei by the stockholders
iu the manner as provided i1T IN the election
Of directors.
The first board Of directors Of this corPor,
a,r1n shall consist of Nathan DrShcr, Saul
Sr,,,,,iI 81 T,r,, Mn C,-tcr II on
the second Tuesday IN January, 1914, the board
Of directors Will duly elect a president, wee.
president and secretary -tTcasurcr; 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,
and annually thereafter, an election Tor d.
rcctOTs shall be held at the otuCe OF the com.
pauy, and the directors then elected shall
take their seats Imwc latCly and shall hold
office until their successors are duly elected
and qualified. Each board shall elect its
own officers, which shall consist Of presi-
dent, a vlce-preSident, and secretary treas
urer
All corporate elections shall be by ballot,
and a majority OF the votes cast shall elect,
and each share OF stock shall be entitled 10
enc vote either in person or by proxy.
Written notice OF elections shall be given
| to each stakeholder by the secretary treas
l
Article N.-ThIs act Of Incorporation may
be changed, altered, or modified, or this cor
poratiOn dissolved, with the assent Of three.
! fourths OF the stock present or represented
at any general meeting Of the stockholdcr.
convened for that purpose after thirty days
PRIOR notice OF such meeting shall! have been
| given by publication IN one OF the newspa-
! pcrs published in the city OF New Orleans by
| five publications during said period and such
! changes as may be made in reference to the
capital stock shall require in addition lC
| days notice IN writing to each scOCkholder.
Article NI.-Nhencver this corporation is
| dissolved, either by limitation 81 its charter
or from any cause, its affairs shall be liqui.
| dated by three lIqudators to be appointed
! from among the stockholders at meeting Of
| the stockholders convened for that purpose
/ after 10 days prior notice shall have been
| given by the secretary TO each stockholder
| Said hquidstors shall remain in office until
! the affairs OF said corporation shall have been
! fully liquidatcd. In case of the death Of
any lquidator, the survivors shall continue
J 70 act
| Article VII.-No stakeholder of this corpo.
ration shall ever be held liable or responsible
! for the contracts or faults thereof in any fur.
| Their sum than the unpaid balance due to the
| corporation en- the shares owned by him, moi
| shall any mere informality in organization
| have the effect of rendering this charter null
nor of exposing stakeholder to any liability
| beyond the amount OF his stock.
| The. subscribers hereto have each written
| opposite their names the number of share.
subscribed for, so that this act may slss
serve as the original subscription list.
| Thus done and passed at my Office in the
! city Of New Orleans, Louisiana, in the pres
ence of Enoa Murphy and Louis Sevestre
| competent witnesses of lawful age and resid
! ing in this city, who have signed their name.
| hereunto, together with said appesrers anC
me, notary. after due reading of the whole.
| tSigned): n. Orsher, subscribed to Is shares
| s. Krenengold subscribed to - shares: ]. F
| Carter, Jr., subscribed to / share.
| Witnesses: Enola Murphy, Louis Sevestre.
| W. NJ. HARMON, Not. Pub.
| State of Louisiana. Parish of Orleans.
| /, the undersigned recorder of mortgages, If
and for the parish of Orleans, state Of Louisi
ana, do hereby certify that the above ans
foregoing act of Incorporation of the 20. K
Knitting Mills" Inc, was this day duly re
| corded in my Office, in book lllo. folio 800.
| New Orleans, December 80, 1918.
| (Signed): EMILE J. LEONARD, by. r
| / hereby certify that the above and fore
| going is true and correct copy Of the orig
| insl charter of incorporation of the 20. K
Knitting Mills, Inc.," together with certi
| hcate Of the recorder Of mortgages for tn,
parish of Orleans, state of Louisiana, there
unto affixed, the whole on file and of RECORD
| in my notarial Office, current records.
| in faith whereof l hereunte afix my hans
and seal of Office this 30th day of December
| 1918. w. NJ. HARMON, Not Pub.
jan 8 IS q g feb
|