The Donaldsonville chief. [volume] (Donaldsonville, La.) 1871-current, 1916-07-08
CHA r E R
THE FASHION COMPANY. INcoRPo-
RATED.

II T. II
III of the month of June. in the year one
thousand nine hundred and SIXTEEN De-
fore me, SIDNEY A. MARCHAND. hottss
public duly commissioned. sworn anu auaI
fed in and for The above named parish anu
81 tate and in the presence OF the witnesses
hereinafter named and UNDERSIGNED. person
ally came and appeared: ARNAuD bLoIfi
MARCEL HlMMLER and LEON hLooh, an
Of full age of majority. and aii resiuents VI
the city Of Donaldsonvle. parish OF Ascen-
sion and state of Louisiana, who aeciareu
that ayailing themselves OF the provisiohs VI
the constitution and laws OF the stase Vi
Louisiana relative to the organization % sof |
porations, and especially OF ACT NO 6ot "
the general assembly of this state Oh 1873:
they have agreed and do hereby agree ana
covenant among themselves, as wen as saeh
other persons as may hereafter hecoMe asso
ciated with them. to form and MAINTAIN =
corporation and body polite IN law under
the agreements. articles and provisions ioi-
lowing to-wit:
ARTICLE /.
The name and style of this corporation
shall be THE FASHION COMP IN
Under its said corporate
and be sued to make and use corporate
seal, the same to break or alter at pleasure
to acquire. hold. lease or purchase, as Wen
as sell, ALLEVIATE, convey, mortgage OF hypo-
thecate property, both real and personal; TO
make all necessary rules and regulations Tor
its corporate management and control; ana
in general, to exercise and ENJOY all powers
incident to corporation consistent with inc
objects and purposes expressed herein. anu
needful and proper for its government ana
support which are conferred upon like cor.
porations by the laws oil this state.
ARTICLE II.
The domicile of this corporation shall be
in the city of Donaldsonviile. parish OF AS
eension. state of Louisiana. and all citations
and other legal processes shall be served up
on the president. and in his absence or in
ability to act, upon the vice president, and
in the absence of both. upon the secretary
treasurer. All meetings of the board OF di-
rectors shall be held at the domiciles pro-
yided that with the written consent OF ali
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 on the business OF
wholesale or retail dealers Cor both) of gen
eraI merchandise. and particularly dry goods,
notions, hats, shoes clothing furnishing
goods for both men and women, and all
things usually kept in stock in general
storea 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 or 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
ls12,0O0.001 dollars, divided into one hun
bred and twenty shares of the par value OF
one hundred dollars each, which said stock
shah be issued only for cash or in payment
of property or services actually received by
rendered to said corporation. vi SAID
capital stock the incorporators have TINS
day subscribed for six thousand five hun
bred t$6,590.00t dollars, as is hereinafter
set out. all of which said amount has been
paid in by said incorporators. This cor
poration shall commence business and be-
come q going concern as as six thou
sand dollars of the capital stock has been
subscribed and paid for The residue OF
said stock shall be issued and payment made
therefor subject to the action and cali OF
the board of directors.
All parties to this act declared that they
hereby subscribe for the number OF shares
of said capital stock set opposite their res
pective signatures hereto, SO that this ACT
of Incorporation shall serve an original
subscription. The initial stockholders Of
this corporation are hereby declared to be
as follows: Arnaud Bloch. of Donaldson
vile, La. subscribes for thirty l301 shares
Of stock; Marcel IEimmler. OF Donaldson
vile. La, subserihes for twenty five 1255
shares Of stock, andsLeon Bloch. Of Donald
sunville La. st,bseribes5 for ten l01 shares
Of stock
ARTICLE VI
No stakeholder shall dispose Of stock in
this corporation without first giving written
notice to the corporation of his intention to
sell; therenpon the corporation shall have
the first privilege Of purchasing said shares
at market value. This option to purchase
stock from retiring stockholders shall exist
Tor period Of thirty days from notice OF
intention to SELL The board OF directors
is hereby authorized to purchase said shares
of stock for. the account Of the retiring
stockholders without reference to meeting
of the stockholders.
ARTICLE vi.
All the powers OF this corporation shall
be vested III and exercised by board OF
three directors, to be elected each year by
the stockholders at the annual meeting
said directors shall be owners of at least
one share OF stock and the first board OF
directors shall consist of Afnaud Bloch. who
shall be president: Leo Bloch, who shall be
vice president, ard Marcel HimHler. who
shall be secretary treasurer, alt residents OF
the city of Donaldsonyille, parish Of AS
cension, state of Louisiana. and all OF whom
shall hold office until the first Monday of
February, 1917, at which time board
of directors shall he elected to serve for
one year thereafter until their success
ors are elected and qualified. The regular
shall be held on the first Monday OF Feb
rnary OF each year. in the event of the
failure TO hold the election on that date. the
president of the corporation shall call q
special meeting of the stockholders for that
purpose. afteE complying with the pro-
visions hereinafter contained. Immediately
after the election Of directors herein sta
ted, the directors shall meet and elect from
their own number, one to be president, one
to be vice president and one to he seere-
tary treasurer.
The Stockholders meeting for the election
of directors as herein stated. shall be held
at the domiciie of the corporation. after no.
tice to the stockholders, which notice must
be delivered to each stakeholder at least
fifteen days before the meeting. Other
stockholders meetings may be held when
ordered by the board of directors, oF on
application of twenty-five per cent of the
Of stockholders meetings it shall not be
necessary to give notice if all the stock
holders waive such notice in writing.
ARTICLE VII.
The said board of directors shall have
power and authority to make all necessary
rules and regulations for the management
operation and control of the business of the
corporation, well as to make all neees-
sary rules and bylaws, with power to fill
any vacancy in their number. any va
cancy occurring among the officers OF the
corporation.
ARTICLE VIII.
This act of incorporation may be amended
modified. changed or added to, this cor
poration may be dissolved by and with the
consent of three -fourths OF the then out
standing stock, given at meeting of the
stockholders called for that purpose after
ten days prior notice published in news
paper published in the parish of Ascension,
in addition to the written notice to each
stakeholder as hereinabove provided.
ARTICLE TX.
This corporation shall continue for q Pc
riod OF ninety -nine years, unless sooner dis
solved in accordance with the provisions of