The herald., 1915-04-22
CHARTIR
ALAYNIcK MANUFACTURING COM
PANY. INC.

ALAYNIcK MANUFACTURING COM
PANY. INC.
| United States of America. State OF
| Louisiana, Parish of Orleans CITY
| of New Orleans.
| BE II known. That on this Sth dav of
April, 1915. before me, Herbert W. Kai-
| ser. a notary public duly commissioner
and qualified in and for the Parish and
| state aforesaid. and i'm the presence of
| the witnesses hereinafter named and
undersigned personally came and an
peared the persons whose names are
| hereunto subscribed who declared that
awaiting 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 corporal ton
and body polite in law, for the objects
ana 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 1t 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; il 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 for
the corporate management and control
or the business and affairs of the cor
poration as may be deemed necessary
and eXpedient
Article 1.-THE domicile of this cor
poratlon 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 all
sence on the Secretary-Treasurer.
Article III.-The objects and purpo-
SEES for which this corporation is organ
ized and the nature of the business to
De carried on by 1t are hereby declared
10 De: TO engage in the buying, selling
and manufacturing of wearing apparel
Tor men, women and children; and gen
orally to do and engage in any other
business, undertaking or enterprise con-
nected with or growing out of and incl
dental to the objects and purposes lust
set forth or contemplated by this char
ter.
Article IV.-The capital stock of this
corporation is hereby fixed at the sum
of Twelve Thousand (S12,OOO.O Dol
lars, which capital stock may be in
creased in lie manner provided by law
10 the sum of Twenty-Five Thousand
S25. 100000 Dollars Said capitaI stocE
of Twelve Thousand (sI2. OO0, 001 Dol
lars shall be divided into one hundred
ana twenty shares of the par value of
one Hundred Dollars. OF said CAPITAL
stock Ten Thousand Dollars thereof
shall be paid for in cash Immediately
after the signing of this act of incor-
poration; and the Two Thousand Dol
lars of said capital stock subscribed to
by the hereinafter signed Isidore Alay-
, m n shali be paid for by transferring
to this corporation all the assets of the
business now conducted in the CITY of
New orleans by Isidore Alaynick at III
Decatur Street, including stock in trade.
open accounts, machinery, good will
bills receivable, etc. which assets are
appraised and valued by the Board of
directors hereinafter named as worth
the sum of Two Thousand Dollars. All
shares of stock shall be worcestershire
and no transfer of stock shall be bind
ing upon the corporation unless made
upon Its books and all certification of
stock shall be signed by the President
ana the Secretary-Treasurer of the cor
Article V-No stakeholder I'm this
corporation may offer for sale, sell as
sign or transfer his stock in this cor
poration without giving to the other
STOCK holders thirty. days prior notice of
given in writing to the President of the
corporation, and the other Stockholders
shall have the privilege of purchasing
SAID stock at the book value thereof for
period of thirty days from the deIiy-
cry of said notice to the President
Article Wall the corporate powers
or this company shall be vested in. and
the management and control of its busi-
ness and affairs shall be exercised by. a
Board of Directors, composed of three
stockholders. A majority of the direc-
tors shall constitute a quorum for the
transaction of all business. The direc-
tors shall be elected annually by a bal
lot beginning on the first "Wednesday of
the month of January in the wear jq1e
Al elections shall be held under such
rules and regulations as may be deter
mined by the Board of Directors hut
AFTER at least ten days notice of such
holder by mail sent to his last known
address or by publication for at least
three times in ten days preceding such
election In one of daily English news
papers published in the City of New
orleans. No failure to hold an election
shall be regarded as a forfeiture of this
charter. Any vacancy occurring in said
Board or Directors shall be filled by the
remaining Directors for the unexpired |
-erm. The first Board of Directors of |
his Company shall consist of Horace
iumbel, residing at 1927 Napoleon Ave
Tue. New Orleans, La; Isidore Alay-
lick, residing at 251S Marengo street.
Sew Orleans. La; and Harry Eskenasy,
esiding at 2045 Josephine street New
orleans, La; with Isidore Alaynick as
resident and Horace Gumbel as Secre-
The three above named
hall constitute the first Board of Direc-
ors and shall serve until their success
ors are duly elected. The Board of
directors shall after each election select
rom their number a President and
Article Vino stakeholder shall /,
yer be held liable or responsible for |,
re contracts. faults or debts of this
operation, nor shall any mere infor-
ality In Its organization have the eject