The Donaldsonville chief. [volume] (Donaldsonville, La.) 1871-current, 1916-09-09

TIE IT KNOWN that on this. the l4th day
III of August, 1915, before me. Edmund
Maurin a notary public duly commits
stoned and qualified in and for the parish OF
Ascension, state of LOUISIANA, personally
came and appeared the persons whose names
are hereunto subscribed, who declared that
they and any other persons who may here
after join or become associated with them'
have formed themselves into corporation.
in accordance with the laws OF the state OF
Louisiana, for period of ninety-nine years
from this date, under the name of ISRAEL
SHOE COMPANY. INC. The domicile
whereof shall be in the city of Donaldson
yile parish of Ascension, state of Louisiana,
and the purposes whereof shall be to do
general wholesale and retail shoe and
hosiery business and to handle incidental
to said business line of general merchan-
disc, Us may be deemed necessary.
No stakeholder shall be liable for any of
the debts or obligations of said company,
except to the amount that may be due by
each stakeholder for the unpaid balance OF
pany-
Citation and other process shall be served
upon the president, or in his absence on
the vice president or the secretary-treas-
urer.
The capital stock shall be five thousand
tS5000) dollars. divided into fifty t50)
shares of one hundred lSIO0) dollars each,
all of which shall be common stock. The
corporation shall begin business as soon as
three thousand $4,000 dollars shall have
been subscribed for and paid in.
Three thousand dollars of the capital stock
of this corporation is hereby declared to be
paid for by the taking over by this corpo-
ration Of the shoe business and futures there
of of David Israel, Jr., IS follows: Net
stock shoes, $2183: y fixtures, $slf; which
shoes and fixtures are appraised to be worth
fully $4,000.
The capital stock oil this corporation is
III r.
% shares: ]. G. Babin, | share; James M.
Walker. $50 Canal street. New Orleans, |
share.
The said David Israel. Jr., has paid fol
| his shares by delivering to the corporation
| the stock of shoes and fixtures mentioned
above. and the other parties by paying il
| cash for their respective shares. making {
total of $4,000 subscribed and paid for.
| The affairs of the corporation shall be
managed by the board OF directors. com.
| posed of stockholders, to be elected annual
| ly by ballot at stockholders meeting to b.
| held on the second Monday of August O.
| each year, excepting for the present yea
| the following stockholders shall constitut,
the board Of directors: David Israel. Jr.
| Donaldsonville. La: j.. Charles Babin, Don
| aldsonvilie La; James M. Walker. New Or
| leans. La, of whom David Israel, Jr., shall
| be president: j. Charles Babin, vice presi.
dent, and James NJ. Walker. secretary
| treasurer.
| ordered by the board of directors or tn.
| holders of twenty-five per. cent of the out
| standing stock. Notice of all stockholders
| meetings. other than adjourned meetings
shall be given by written notice to eacl
stockhoder and deposited in the postoffice
properly addressed, at least fifteen days be
| fore such meeting.
| The charter may be amended or this cor
| poration dissolved by tWo-thirds of the out
| standing stock at a meeting called by thu
hos rH afr aft hnvys ,r,u nnE,
| to each stakeholder, in writing, stating tn
purpose for which said meeting is called ant
deposited in postotfice, properly addressed
at least fifteen days before such meeting.
In of dissolution the board of di
rectors shall act as liquidators.
The board of directors shall have power t.
adopt bylaws for the general management
| of the affairs of the corporation and car
amend same at their pleasure.
| The corporation shall enjoy all rights an
| privileges granted by law to corporations
and shall use corporate SEAL
Thus done and passed at my office in tn,
city of Donaldsonville on the day, month ana
| year first above written. in the presence o
witnesses. who have signed with said ap
pearers and me, said notary, after due read
| ing of the whole.
| DAVID ISRAEL. JR.. 20 shares
| JAS. M. WALKER, l share.
| J. C. BABIN,e1 share.
| LOUIS J. LANDRY,
| o. J. WIVES -sz..
| EDMUND MAURIN,
| Notary Public.
/ We, the undersigned directors of tbs
Israel Shoe Co.. Inc. hereby certify that VIZ
| have examined the stock of shoes and the
| fixtures in said shoe store, sold to US by
| David Israel. Jr.. and they are well worth
| the sum of $4,000.
| DAVID ISRAEL, JR,
JAS. M. WALKER,
| j. C. BABIN.
State of Louisiana. Parish of Ascension
J, j. +. Fernandez. chief deputy clerk o.
court and ex-officio recorder for the parish
OF Ascension, La. hereby certify the abov.
to be 8 true copy of the original act Of in.
| corporation this day filed for record in Cor.
poration Charters /, b. 8. of the public
| records OF Ascension parish, La.
This 18th day of August. 1915.
tSeaD j. Ed. FERNANDEZ,
Chief Deputy Clerk of Court.