The Donaldsonville chief. [volume] (Donaldsonville, La.) 1871-current, 1916-07-15
c H A r r E r
THE FASHION COMPANY, INcORPo-
RATED.

I'D of the month of June, in the year one
thousand nine hundred and sixteen. be-
! fore me- SIDNEY A. MARCHAND. a notary
| public, duly commissioned sworn and quail
! fed in and for the above named parish and
| state. and in the presence of the witnesses
| hereinafter named and undersigned, person
| ally came and appeared: ARNAUD BLOCH,
| MARCEL HIMMLER and LEON BLOCH, all
of full age of majority and all residents Of
the city of Donaidsonville, parish of Assem-
sion and state of Louisiana, who declared
that awaiting themselves Of the provisions of
the constitution and laws of the state OF
Louisiana relative to the organization of cor
porations. and especially of Act No. 261 of
the general assembly of this state of 1914,
they have agreed and do hereby agree and
covenant among themselves, as well as such
other persons may hereafter become assoc
ciated with them. to form and maintain
corporation and body polite in law under
the agreements. articles and provisions fol-
lowing, to-wit:
ARTICLE I.
The name and style of this corporation
shall be THE FASHION COMPANY. m
CORPORATED. Under its said corporate
name it shall have power to contract, to sue
and be sued; to make and use corporate
seal, the same to break or alter at pleasure;
to acquire. hold, lease purchase. we'll
as sell. ALLEVIATE, convey. mortgage or hypo-
thecate property, both real and personal; to
make ali necessary rules and regulations for
its corporate management and control; and
incident to u corporation consistent with the
objects and purposes expressed herein, and
needful and proper for its government and
support which conferred upon like cor
porations by the laws of this state.
ARTICLE II.
The do1nicile of this corporation shall be
in the city of Donaldsonville, parish of AS
cension, state of Louisiana. and all citations
and other legal processes shall be served up
on the president, and in his absence or in
al To net he Jyica
in the absence of both, upon the secretary
treasurer. All meetings of the board of di- |
rectors shall be held at the domcile. pro- |
vided that with the written consent of all
the directors, meetings may be held else |
where.
ARTICLE ILL.,
The objects and purposes for which this /
corporation is formed are hereby declared to |
be to conduct and carry the business of
retail dealers Cor both) of gen.
eral merchandise. and particularly dry goods.
actions. hats. shoes. clothing, furnishing
goods for both men and women, and all
things usually kept in stock in a general
store. in the parish of Ascension and such
other places in the state of Louisiana as
the stockholders may hereafter determine;
to acquire by purchase, lease otherwise.
real estate and personal property. and to
hold. improve, lease. mortgage, sell or other
wise dispose OF same; and, in furtherance
of the above purposes, this corporation may
lease, own. and acquire stores, warehouses
and building sites. and generally do and per-
Form all acts incidental and necessary to
the purposes hereinabove named and speci-
fed.
ARTICLE ~.
The capital stock of this corporation is
hereby fixed at the sum of twelve thousand
1912 ,000.0G) dollars, divided into one hun
bred and twenty shares of the par value of
one hundred dollars each, which said stock
7hall be issued only for cash or in payment
ST property or services actually received by
.apital stock the ncorporators have this
lay subscribed for six thousand five hun
lred ts6,500.00l dollars, as is hereinafter
set out, all of which said amount has been
'aid in by said incorporators. This cor
,oration shall commence business and be-
.ome a going concern as six thou
and dollars of the capital stock has been
and paid for. The residue of
aid stock shall be issued and payment made !
therefor subject to the action and call of
he hoard of directors.
All parties to this act declared that they
hereby subscribe for the number of shares
# said capital stock set opposite their res
,ective signatures hereto, that this act
# incorporation shall serve an original
The initial stockholders of
his corporation are hereby declared to be
S follows: Arnaud Bloch. Of Donaldson
lille, La, subscribes for thirty (30) shares s
f stock; Marcel Himmer. of Donaldson
lille, La, subscribes Cor twenty five 1851
hares of stock, and Leon Bloch, Of Donald
onvile. La, subseribes for ten tI0) shares
# stock.
ARTICLE "
No stakeholder shall dispose of stock in &
his corporation without first giving written
office to the corporation of his intention to z
ell; thereupon the corporation shall have ]
he first privilege of purchasing said shares
t market value. This option to purchase 4
took from retiring stockholders shall exist 4
or period of thirty days from notice of | !
atention to sell. The board of directors I
) hereby authorized to purchase said shares 4
stock for the account of the retiring
tockholderS without reference to meeting
f the stockholders
ARTICLE. VI.
All the powers of this corporation shall \
e vested in and exercised by board of
lree directors, to be elected each year by
ne stockholders at the annual meeting: 4
aid directors shall be owners of at least 4
ne share of stock. and the first board of
rectors shall consist of Arnaud Bloch. who
hall be president; Leo Bloch, who shall be
ice president, and Marcel Hmmler, who
1nll be. secretary treasurer, all residents OF
lie city OF Donaldsonvilie. parish of As
snsion. state of Louisiana, and all OF whom
1all hold office until the first Monday of
1915 at which time q new board 4
directors shall be elected to serve for
lie year thereafter until their success
$ are elected and qualified. The regular 4
lnuaf meeting for the election of directors Il
'all be held on the first Monday of Feb
iure to hold the election that date, the Z
esident of the corporation shall call q 4
ecial meeting of the stockholders for that I
lrpose,, after complying with the pro-
sions. hereinafter contained. Immediately 4
ter the election of directors as herein sta \
d, the directors shall meet and elect from 4
cir own number. one TO be president. one 4
be vice president. and one to be secre-
ry-treasarer.
The stockholders meeting for the election
directors herein stated. shall be held
the derneile of the corporation, after no.
e to the stockholders, which notice must =
delivered to each stakeholder at least T.
teen days before the meeting. Other !
ockholders' meetings may be held when /
dered by the board of directors, or ON \
plication of twenty-five per cent Of the 4
tstanding stock; provided that in all cases |
stockholders meetings it shall not be |
eessary to give notice if ali the stock /
lders waive such notice in writing
ARTICLE VII
The said board of directors shall have 4
Wer and authority to make all necessary 1
les ami regulations for the management.
grafton and control of the business of the
as well as to make all neces. l
y rules and bylaws, with power to hll /
y vacancy in their number, or any va
ley occurring among the officers of the 1
'poration.
ARTICLE VIII.
This act of incorporation may be amended. 1
dihed, changed or added to- or this cor 1
alton may be dissolved by and with the |
lsent Of three -fourths OF the then out
nding stock. given at meeting of the I
called for that purpose sitter 1
days prior notice published in o news
Der published in the parish of Ascension,
addition to the written notice to each
ckholder as hereinahove provided
ARTICLE TX
This corporation shall continue for 8 De- @
OF ninety mine years, unless sooner dis -
we'd III accordance with the provisions Of