The herald., 1915-05-20
CHARTER
ALAYNICK MANUFACTURING COM
PANY. INC.

PANY. INC.
United States of America State of
Louisiana. Parish of Orleans, City
of New Orleans.
Be it known, That on this Sth day of
April, 1915. before me. Herbert W. Kali
and qualified in and for the Parish and
State aforesaid, and in the presence of
the witnesses hereinafter named and
undersigned personally came and ap-
peared the persons whose names are
hereunto subscribed who declared that,
availing themselves of the provisions of
the laws of the State of Louisiana and
particularly Act No. 267, of the General
Assembly of the State of Louisiana for
the year 1914. they have covenanted and
agreed, and do by these presents cove
nant, agree, bind. form and constitute
themselves as well as such other per-
sons as may hereafter join and become
associated with them into a corporation
and body polite in law for the objects
and purposes and under the agreement
and stipulations, following, to-wit:
Article 1.-The name and style of this
corporation shall be "Alaynick Manufac-
turing Company. Inc" and under that
name it shall have and enjoy all the
rights. advantages and privileges
granted by law to corporations. 1t shall
exist for period of ninety-nine years
from the date hereof; it shall have
power and authority to sue and be sued
| in its corporate name; to make and use
a corporate seal and to break the same
at pleasure; to hold. receive. purchase
convey, mortgage and hypothecate real
personal and mixed property to issue
bonds, notes and other obligations; to
| have and employ such managers, OFF,
GERS, agents and employees as the inter
est and convenience of said corporation
may require; and to make and establish
| such by laws, rules and regulations fol
| the corporate management and control
| OF the business and affairs of the cor
poration as may be deemed necessary
| and expedient.
Article 1.-THE domicile of this cor
| poration shall be in the City of New
| Orleans, State of Louisiana. All cita
| ton and other legal process shall be
| served on the President and in his alb
| sence on the Secretary Treasurer.
Article III.-The objects and purpO
| SEES for which this corporation is organ
lZed and the nature of the business q
he carried on by il are hereby declared
to be- To engage in the buying, selling
and manufacturing of wearing appare
for men, women and children; and gen
orally To do and engage in any othe
business, undertaking or enterprise con
nected with or growing out OF aud Incl
dental TO the affects ana purposes Jus
set forth az contemplated by this char
ter
Article iV,-The capital stock Of thi
eefhefaileh y hereby nsed a. the sun
or Twelve Thousand le,000,00l Dol
lars, which capital stock may he IA
creased ~ the manner provided NV iaN
~ the sum ef twenty-five fhausaR
tghl01nb0) Dollars bald capital stee
~ Twelve Thousand tttg,101.1nl hai
iars shalt he divided into one huhdfp
ahd twenty shares of the par value -
One Hundred Dollars pf said eaplia
stock Ten Thousand Dollars theree
shall be paid for IN cash immpdlatel
poratiuhi and the Two Thousand Dol
lars of said capital stock subscribed (
by the hereinafter signed tsidore Alay
nick shall he paid for by transferrln
, to this corporation all the assets of IN
business now conducted In the city q
, New Orleans by 1sidore Alaynick at II
Decatur street, including stock I'm trad,
open accounts, machinery, good will
bills receivable, etc. which assets ar
appraised and valued by the Board O
! Directors hereinafter named as wort
the sum of Two Thousand Dollars. Al
: shares of stock shall be non-assessabl,
and no transfer of stock shall be bind
ing upon the corporation unless mad
upon its books and all certifcation o
stock shall be signed by the Presiden
and the Secretary-Treasurer of the col
poration.
Article v.-No stakeholder in thi
corporation may offer for sale, sell, as
sign or transfer his stock in this col
, poration without giving to the othe
stock holders thirty days prior notice O
such intention. which notice shall b
|
corporation, and the other stockholder
shall have the privilege of purchasin
said stock at the book value thereof 70
a period of thirty days from the deliy
) cry OF said notice to the President.
. Article VI.-All the corporate power
r of this company shall be vested in, an
the management and control of it's bus
ness and affairs shall be exercised by,
J Board of Directors, composed of thre
/ stockholders. A majority of the direC
: G0nSfltntl fnr
D transaction of all business. The direC
tors shall be elected annually by ba
e lot beginning on the first Wednesday G
e the month of January in the year 1911
y Al elections shall be held under sue
e rules and regulations as may be deter
mined by the Board of Directors bu
after at least ten days notice of sue
election shall be given to each stool
/ holder by mail sent to his last know
address or by publication for at Ieas
three times in ten days preceding sue
election in one of daily English new.
papers published in the City of Ne,
Orleans. No failure to hold an electio
| shall be regarded as a forfeiture of thi
charter. Any vacancy occurring in sal
Board of Directors shall be filled by IN
remaining Directors for the unexpire
term. The first Board of Directors {
this Company shall consist of Horac
Gumbel. residing at 1927 Napoleon Ave
nue., New Orleans, La; Isidore Alay
. nick, residing at 251S Marengo stree
New Orleans, La; and Harry Eskenas,
residing at 2045 Josephine street, Me-
Orleans, La; with Isidore Alaynick a
; President and Horace GumbeI as Secrs
tary-Treasurer. The three above name
shall constitute the first Board of DireC
tors and shall serve until their success
sors are duly elected. The Board 9
Directors shall after each election selet
from their number a President and
Secretary-Treasurer.
Article Vino stakeholder sha
ever be held liable or responsible fo
the contracts. faults or debts of thi
corporation. nor shall any mere infoI
mality In its organization have the effee