The Donaldsonville chief. [volume] (Donaldsonville, La.) 1871-current, 1916-09-23


rNE TT KNOWN that on this, the 9TH day
X ,f August 1915. before me Edmund
Maurin notarv nublic duly commits
STONED and qualified In and for the parish of
Ascension. state of Louisiana, personally
came and apneared the persons whose names
ave bereup+o suhacr;hed who declared that
thew and anv other persons who NAV here
after ioin or become associated with them.
have formed themselves into a corporation.
in accordance with the laws of the state of
Louisiana, for a period Of ninety-nine years
fror, This date under tb4 name of ISRAEL
SHOE COMPANY. INCSy The domicile
whereof shall he in the cit1 of Donaldson
Vile. parish of Ascension. state of Louisiana.
and the purposes whereof shall be to do a
general wholesale and retail shoe and
hosiery business and to handle incidental
to said business line of general merchan-
disc. as 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
his subscription 10 the stock or said com
pany.
Citation and other nrocess shall be served
mon the president. 81 in his absence on
tha ,ica nrasidant ar The secretarv-treas-
urer
The capitai stock shall be five thousand
fs50oo1 dollars, divided into ffty l50l
shares of one hundred (s10O) dollars each
all of which shall be common stock The
CORPORATION shall begin business as as
three thousand tS30O0) dollars shall have
been subscribed for and paid in.
Three thousand dollars of the capital stock
Of this corporation IL 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 as follows Net
stock shoes, $2IB3; fixtures. s81T; which
shoes and fixtures are appraised to be worth
fully $4,000. s.
The capital stock OF this corporation is
subscribed as follows: David Israel. Jr,
% shares: j. G.. Babin, share: James M .
Walker. $50 Canal street, New Orleans, ]
share
The said David Israel, Jr., has paid for
his shares by delivering to the corporation
the stock OF shoes and fixtures mentioned
above. and the other parties by paying in
cash for their respective shares, making a
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 be
held on the second Monday Of August Of
each year. excepting for the present year
the following stockholders shall constitute
the board CT directors: David Israel. Jr,
Donaldsonville. La; j. Charles Babin, Dom
aldsonville, La; James M. Walker, New Or
leans, La, of whom David Israel, Jf., shall
be president; J. Charles Babin. vice presi-
dent, and James M. Walker, secretary
treasurer.
STOCKHOLDERS meetings. may be neiu Wnen
ordered by the board of directors or the
holders of twenty-five per cent of the OUT
standing stock. Notice of all stockholders
meetings, other than adjourned meetings,
stnaib oldes ana 5snns;taJ !, w. nostotf;ea
nronerlv addrnsse $500 a. seast fftaen dsSs he'
Fore such ,1aetina Il
,rha ch.rtar r,a.s J., daa ~ +h;s oor.
noration d;sso,nad -, 4.asa'th;rss ~ 4ha ou+-
rtaas;n ntsoL ~ py , u me ~
board Of directors. after having given notice
to each stockholder in writing. stating the.
purpose for which said meeting is called and
deposited in postoffice. properIy addressed.
at least fifteen days before such meeting.
In case of dissolution the board of d.
rectors shall act as liauidators.
The board of directors shall have power to
adopt bylaws for the general management
of the affairs of the corporation and can
amend same at their pleasure.
The corporation shall enjoy all rights and
privileges granted by law to corporations
and shall ,,sa oo,,,o.ata sa,l