The herald. [volume] (New Orleans, La.) 1905-1953, 1917-05-03
ACT OF INCORPORATION


r,s,d States Of America, state Oh i'ou'si
W. "a Civ Of New Orleans. ,,,.,,
~. L,own. that on this fourteenth (l4th)
- q Ne month of April, in the year OF our
~ ,,s thousand nine hundred and sew
- IIoI7 and OF the independence OF
q. T,;,ed States OF America. the one nun
- and forty-frst; before me- mares );
~, 4 notary public duly commissioner ana
ss,i;s.d in and for the parish OF orleans:
Vi, Of louisiana, and IN the presence Vi
!. v;tnesses hereinafter named and under
- oersonally came and appeared the
-. - whose names are hereunto sub
xnbed. who declared: -r
M, .vailing themselves OF the general
-. a the State Of Louisiana IN such cases
"a, and provided, and more particularly OF
~ IA III Of the General Assembly OF the
81, az louisiana for the year MA they
s.,s ,ny.nanted and agreed and have formed
al organi,ed and do by these presents form
N @gani1e themselves, as well as such
ss.rs Is NAV become associated with them,
a. and constitute a corporation ana Oody
plise in law for the objects and purposes
,,d under the stipulations following, 10
Arie, 1.-The name of this corporation
ih,l be D. Mercier's Sons, Inc.
Article II.-This corporation SHAH exist
,si .noy succession for the full term OF
,,,y.nine years from the date hereof, unless
voutr dissolved in accordance with the pro-
rssns Of this act.
Article III-The objects and purposes for
shich this corporation is organized and the
MUIR Of the business to be carried on by
o., hereby declared to be:
u acquire all the interest OF the co-own-
sr 10 and to the clothing business and es-
aAishment now being conducted under me
uue Of D. Mercier's Sons in the City OF
yu Orleans.
70 continue the operation of said business;
nd generally TO carry on a general mer-
dandise, dry goods and clothing business,
htA wholesale and retail, and carry on a
terment store business.
Article IV.-The capital stock of this cor
pfation shall be ninety-twO thousand dol
in $4,000, which may be increased to
aas hundred and thrty-eight thousand dol
an GlS,o00Ol.
Article v.-The capital stock as presently
onstituted shall consist Of nine hundred and
ntniy shares Of the par value OF one hun
ared dollars each. Stock may be paid for IN
nsney, in services duly rendered to the cor
psr'on or in property transferred TO the
uYontion.
10 transfer Of stock shall be binding upon
ns eoporation unless and until made upon
y books Of the corporation; and, no stock
t1ldef shall have the right to sell or dispose
his stock, otherwise than by donation,
miess and until the same shall have been
rsied to the board of directors of this cor
F,anon, through its secretary, at the market
uiae or al a price not in excess OF the
sok value Of said stock on the date of such
sne; and the said board of directors shall
ave thirty days from the date the offer
made 10 accept said offer, and to this eN-
sni all stock issued by this corporation
n.l Dc manageable.
htiele W.-The domicile o. this corpora
~ snail be in the city of New Orleans,
s-N Of louisiana, where all meetings of
s9ekhoiders must be held, provided that
"n NE written consent of all the directors
sne meetings Of the board of directors may
nee elsewhere than at its domicile.
a,ueie Vll.-Service of legol process shall
made upon the vice-president and in his
'encs on the secretary
M'lee Vll.-Service Of legal process shall
- orYcration shall be exercised by and
aesoy vested in its board of directors,
-. 80 snan consist Of not less than five nor
- man ten directors who shall be elected
-. a.ss.ly 6y and from the stockholders on
> I %.is wednesday of January of each year,
,a,e1 time the stockholders shall decide
osoer Of directors to be elected.
"a. INST board Of directors shall be COM
nsd Of the following named eight persons.
nur Of whom shall constitute a quorum
\, Z. transaction Of corporate business
:, = 80 serve until the next annual meet
M; ,s ae stockholders in January, 1918, and
a 1eu successors are elected and quail
-. Anselme X. Mercier, whose post
L n.pses IS New York, y. Y; Anselme
Nl.,,s whose post-ofice address is New
ssr. ,,s; Andrew Hynes, whose post
-. ADDRESS is go Music St, New Or
Ss.s.l Ia; Robert Upshur. whose postofice
IA. 0l Dauphine St, New Orleans.
~. /. e y, Mercier, whose post-office ad.
jssr,A w Dauphine St, New Orleans, La
= m, i downing, whose post-ofice address
Rear, snalonne St, New Orleans, La; !.
NJ tof.. whose post-ofice address is
saa u, New Orleans, La; and Her
~ ~. ksn, whose post-office address is
Aaslrs 81, New Orleans, La; with
I n-pA Mercier as president; Anselme
a,s.oays as vice-president and general
ssassr.,, ana Andrew Hynes as secretary
e LA-ihis corporation shall have all
hr,,,s.' enumerated and granted 10 cor.
sn6i, y IN Act No. 267 OF the General AS
tssr iss. me State of Louisiana for the
I'D b. s,,. sha II shall have power TO sue
sd ana ~, 70 make and use common
ssie n-,'..e tne same at pleasure: TO
1ns, A. ery by grant, gift, purchase.
nc ~, oequest and 10 hold Lease mot,
: sp1e,.. and otherwise dispose Of same I.
essess a. ssn officers and agents as the
sh he, ue corporation may require and
- iarsr.;. eompensation; to make bylaws,
Y Ae ma with law, fixing and alter
esaasa, snasement OF It's property, the
\ naan.. ae government of its affairs and
=. Il 4, =. me eertihcation and rexistra-
nst Or \. ss0ek, to wind up and dissolve
s&s S,,s WIN law; to conduct business
IN H. esner States, the Federal Dis
Sta S,,,.. fitor,es and possessions of the
Ruci + and IN foreign countries; to
~ n s - 9ther corporations and &c ex.
@ which ovrporate powers are