The herald. [volume] (New Orleans, La.) 1905-1953, 1917-05-10
40 INCORPORATION

or u. - America, State OF LOUIS
Gah.o CIV Of New Orleans , ruL,
ara VIZ. that on this fourteenth Nl7Sn
y a. -,on;h Of April, IN the year "a 80.
tH !" w thousand nine hundred Snu ~
l ns lrSl0, and OF the lue .be on~ hun. /
H V2ssS ,n,ty.frst; before me, thaIts y
ttc 'ns ,,,,y public duly comni' sioncH anu
hel - and for the parish o. O'e4ns;
s,saD 81 Inuisiana, and in the
a1 N hereinafter nanea dHu -.
- eeIsonally came ana 1ppt sub
~,.oas whose nsH.es S'e
sresd WIG 9;. ue', ,bsm,elyes of the general
Ina' 80 S,e,e nj Louisiana N suIh SAses
"a oroyided, and more par 'iTAi.
.sr vi al the General Assembly Oh .u
~. Al louisiana for the year ISI4; -
s s,s ,cy,nanted and agreed and nav ,"rrn
Mn s,,;,sd and do by these presents 80 80
ne ~ become associated win theII,
a. Constitute a corporation ana ooul
ing ~. i.w for the objects and purposes
~ nader the stipulations io'lo"'"s'
vii -, chs c,-pora,ion
.s.n ~ d Mercier's Sons, Inc. 3, IL.
80, II-This corporation snall e\'n;
49, - succession for the fall term OF
s..,,.,,. years from the date hefeoi, H".C
s.r,,, di,sofyed in accordance win INC p'0
vsens Of this act -.,-,,ses for
Aid, III.-The objects and pu,Po ~.
xtirh ibis corporation Is ofsahlLSE; On Inv
,.tp,e az the business TO be SafrIeu vi
!, A., hereby declared TO be: ,,,,,,.
,,rn;,, all the interest OF the co-o"H'
IA IN the clothing business ana
s,n.s-s,, now being conducted under inc
sTns Of D. Mercier's Sons III the III! VI
ses Orleans. IL business.
general
1,,Ss, dry goods and clothing business
hotb wholesale and retail, and carry 0" i
S1srtnen; store business. 49,. cor.
Tr;ri, Iy-The capital stock OF THIS COY
sora,ion shall be ninety-two Thousand "o',
In. tS2m00), which may be increase ~
one hundred and thirty eight IhouS1"N
ars QlN,mO). -.,.,,,
L,,sje VEThe capital stock as presently
Constituted shall consist OF nine hundfeo anu
r.su,y shares Of the par value OF one HN:.
d-,a dollars each. Stock may be paid LOT III
non.y, in services duly rendered to the ITi
portion, or in property transferred !" '"'
Ne transfer Of stock shall be binding upon
tbs corporation unless and until mace uPTi'
d, hoois Of the corporation; and, no STOCK
holder shall have the right 10 sell or olsPooe
Il his stock, otherwise than by DONATION,
unless and until the same SHAH nave oeeI
ostred to the board of directors OF TINS Tot
value % az a price not IN excess OF LIS
book value Of said stock on the date oil sucI
os,r; and the said board of directors shaI
have thirty DAYS from the date the one
Is nade 10 accept said offer, and TO TINS eN
Ten, al stock issued by this corporation
shall be unacceptable.
Article U-The domicile OF this corpora
toa shall be in the city OF New Orleans
Sale Of louisiana, where all meetings
the stockholders must be held, provided ina
szl The written consent OF all the director
valid meetings Of the board of directors ma,
Be- Aeld elsewhere than al ITS domiclIe'
Article vIL-Service Of legal process shal
N made upon the vice president and IN III
sesenee on the secretary-treasureT.
Article Vlll.-All the corporate powers
tbs corpora,ion shall be exercised by an
az hereby vested in its board OF director
sbich shall consist OF not less than hive nc
more than ten directors who shall be electe
aanuslly by and from the stockholders
NE third Wednesday OF January OF each yea
Il which time the stockholders shall decd
ne number Of directors 10 be elected.
The hrsi board OF directors shall be con
possd Of the following named eight person
any but Vt whom shall constitute quoru
im Ne Transaction OF corporate bushes
ny shall serve until the mex: annual NEE
W 81 he stockholders in January, 1918, ar
nm DER successors are elected and qua
ised va: hnselme X. MERCER, whose pos
sAee address is New York, y. Y: Anseln
pehays, whose post-offce address is Ne
vnesns La; Andrew Hynes, whose pos
eaee address is go Music ST., New y
sans La; Robert Upshur, whose postoff
,sofss Is Ni Dauphine ST., New Orlean
a Chester Mercier, whose post-ofhee a
m - 1 Dauphine St, New Orleans: La
Downing. whose post-ofice adore
IN baronne ST.. New Orleans, La;
Nh my Ssaeier, whose post-offce address
iche, St, New Orleans, La; and He
- Gerken, whose post-office address
MUSIC ST, New Orleans, La; wi
ssas n \ MERCER as president; AnselT
pebays as vice president and gener
treasurer
,M',eie lX.-This corporation shall have {
powers enumerated and granted TO CT
s.sAnons IN Act No. 267 OF the General A
Icy Of the State of Louisiana for {
~ ~; and it shall have power TO S
-, sued to make and use a COMM
.s..ma alter the same at pleasure;
Ss 1870 property by grant, gift, purchaS
u.. q oequest and TO hold, lease, moi
49, pledse and Otherwise dispose Of sam
keiht such officers and agents as {
IA o. the corporation may require a
=, nelr compensation; 10 make bylaw
h, ,Sonsistent with law, fixing and ala
resu,.. Management OF Its property,
~ on and government OF its affairs a
IA, -se OF the certihcation and regist'
NIX us stock; TO wind up and dssol
- o. 70 be wound up and dissolved
IN ~. with law; 10 conduct busin,
trr,s S'a,e, other States, the Federal d
r,;ssA 'ss Territories and possessions Of
M STATE. states and in foreign countries;
<kss.s - IN other corporations and to
,ioss. ~ Stock for stock in other corpo
h Of which Corporate powers