The herald. [volume] (New Orleans, La.) 1905-1953, 1918-02-07

OF JOHN H. BONCK COMPANY, INC.
United States of America, State of Louisi.
Orleans.
BE It known, That on this twenty-ninth
day OF the month of January, in the year
one thousand nine hundred and eighteen.
| Sl9lS), before me, Asahel Walker Cooper. a
Notary Public, duly commissioned and Quail
lhed IN and for the Parish of Orleans, State
! OF LOUISIANA, and in the presence of the
witnesses hereinafter named and subscribed,
personally came and appeared the several
persons whose names are hereunto subscribed
VINO declared that availing themselves of the
provisions OF the laws of this state relative
to the formation and organization of corpo-
ratlons, they have covenanted and agreed
and do by these presents, covenant, agree
and bind themselves as we'll as those who
may hereafter become associated with them
to form themselves into a corporation for
the objects and purposes, with the name and
under the stipulations, following to-wit:
Article 1.-The name and style of this cor
poration shall be John H. Bonck Company,
Inc, and by said corporate name it shall
have and enjoy succession for a period of
ninety-nine years from the date hereof, unless
1t is dissolved in the manner provided by
law, and by the articles of this charter: and
under such corporate name it shall have the
power and authority to contract, sue and be
sued, to make and use a corporate seal, the
same to alter or break at pleasure, to make
all necessary rules and regulations for its
corporate management and control and shall
have and enjoy all the rights, privileges, and
iin1nunities which now conferred upon
or may be hereafter granted to corporations
OF the same kind and character.
Article 1.-THE domicile of the corpora
ton shall be in the City of New Orleans,
State of Louisiana, and all citation and other
legal process shall be served upon the pres
ident or in his absence, upon any other
officer OF the corporation.
Article IIL-The objects and purposes for
which this corporation are formed are de-
clared to be as follows:
To manufacture, buy, sell and deal in
either at wholesale, or retail, dry goods,
clothing, wearing apparel and textile fabrics
OF every kind and all articles and merchan-
disc OF like general character and descrip-
ton; to conduct the business of general man
utacturers and cutters of over-alls, pants,
shirts and all other articles of wearing ap-
parel; and generally TO do and engage in
any other business engagement or enter
prise connected with growing out of, or
which is germane incidental, to any of
the objects and purposes hereinabove set
forth.
Article Iv.-The Capital Stock of this cor
poration shall be twenty-five Thousand
shares of One Hundred $4,000 Dollars
each and the same may be issued for cash,
or IN payment OF property or services Rctu-
ally received by or rendered to the c, rpo
to Fifty Thousand (S50,OO.D) Dollars.
This corporation shall commence business
and become a going concern as soon as fifty
per centum of said capital stock shall have.
been subscribed for and fifty per cent of theI
amount so subscribed is actually paid for.
All transfers of stock shall be made
the books of the corporation by the
surrender Of the original certificate properly
endorsed for cancellation by the stakeholder
in whose favor said stock is issued or by
his duly authorized agent
No stockholder shall have the right 10
offer for sale, sell, transfer or assign any
of the shares held by him or her without
first giving to the other stockholders through
the Secretary thirty days prior notice in
writing of such intention and the other
stockholders shall have the right to pur-
chase said shares within thirty days from
the receipt of said notice at their book value;
and in case of dissatisfaction as to the price,
the matter shall be arbitrated, one arb-
TRAITOR who shall be vested with the powers
of amicable compounder to be appointed by
each side, and an umpire who shall also beJ
vested with the powers of amicable COM
FOUNDER, to be selected by these two, who
shall take oath and whose award or de-
cision shall be final and binding upon all
parties. The expence of said arbitration shall
be equally divided between the shareholder
offering his stock and the other stakeholder
or stockholders; if none of said stockholders
avail themselves Of said right or privilege