The herald. [volume] (New Orleans, La.) 1905-1953, 1919-10-30
CHARTER OF
ALCO MANUFACTURERS, INC.

United States of America, State of Louis
| lana, Parish of Orleans, City of Ne,
| Orleans.
Be it known that on this ninth day O
| the month of September, in the year on
| thousand nine hundred and nineteen, be
fore me, John X. Upton, a Notary Publ
in and for this City and Parish of Orleans
| State of Louisiana, therein residing, dull
commissioned and qualified, and in tn
| presence of the witnesses hereinafte
| named and undersigned, personally cam
and appeared the several persons who's
| names are hereunto subscribed, who de
clared to me, Notary, that availing them
selves of the provisions of the laws of thi
State relative to the organization of cor
porat1ons, and ore especially of Act 26
of 1914, they have covenanted and agreed
and by these presents do covenant ant
agree for themselves, their successors ant
assigns, to form thmselves into a corpora
ton and body polite, for the objects anC
purposes, and under the stipulation!
hereinafter set forth, to-wit:
Article 1.-The name and title of thi.
corporation shall be "Alco Manufactur
ers, Incorporated" and under such It'll,
1t shall have and enjoy succession ant
years from this date, unless sooner dis
solved; 1t shall have power and authority
to contract, sue or be sued to make and
use a corporate seal, the same to alter
and break at pleasure; to have, hold, sell
buy, lease, mortgage and hypOthecate OIL
pledge property, real, personal or mixed
necessary, proper or Incidental for the
carrying on of it's business, as well as
to issue bonds or notes secured by such
mortgages; to make and issue notes and
other certificates of indebtedness; to
name, elect and appoint managers, di-
rectors. clerks and other employees to
properly conduct it's corporate business
and to make such bylaws, rules and reg.
ulations as may be necessary or found
desirable for the management of its bust
ness and affairs, and generally to do
every other act, matter or thing necessary
or found desirable for the complete and
proper carrying out of said business.
Article III. The domicile of this cor
poration shall be in the City of New
Orleans, Parish Of Orleans, State of Louis
lana, where all citations or other legal
process shall be served upon the Presi-
dent, in his absence on the Vice-Presi-
dent, and in the absence of both on the
Secretary Treasurer.
Article III. The objects and purposes
OF this corporation are hereby declared
and stated to be:
LIST. To buy, sell and trade in leather,
leather goods and findings; and to manu-
facture same into belts, suit-cases or
other articles.
md. To buy, sell, trade in and manu.
facture all sorts of merchandise. clothes
ana underwear for men, women and chill
dren, which shall include all lines of
wearing apparel.
Srd. To buy, sell and trade in dry
goods and notions.
In order that said objects and purposes
may be fully carried out, this CORPORATION
snail have the right to import, export,
conslgn, receive on consignment, purchase,
sell and deal in all classes of goods and
merchandise and other kinds, Of personal
property without limit as to nature or
description; to act as agent for other
corporations, co-partnership or indiyidu-
ais In the same or similar lines of busi
ness; to manufacture leather and textile
goods and all other articles of use or
wear; to own, lease or operate q factory
or factories, and to this end to purchase
or otherwise acquire lands and buildings
TOT the erection and establishment of fac
tories to establish agencies or branch Of
noes Tor the sale Of goods and merchan-
disc, or any of the products Of its man.
fracture, at any place or places; and, also.
10 carry on any part of its business and
exercise any part of it's powers outside of
the state OF Louisiana, or in foreign coun-
undertake and to do anything necessary.
Incidental to or connected with said oh
lects ana purposes, as well as to exercise
all rights and powers conferred on cor
porations by Act 267 of 1914.
Article Nv. The capital stock of this cor-
poration is hereby fixed at Fifty Thous-
and ($50,OOOOO) Dollars, divided into Five
Hundred (500) Shares of the par yalue NJ
One Hundred (S1OO.0O) Dollars each: pro.
'ided, that the amount to which the can
tai STOCK Of this corporation may be
md ($1O0,0OO.OO Dollars.
Two Hundred and Fifty (25O) Shares.
'r twenty-five Thousand (S25 OOO Dol.
ars' OF the capital stock of this corpora
lon must be subscribed before the filing
u the articles Of Incorporation. The sub.
'crlbed capital stock of this corporation
mall be payable in cash, properly (reaI
" personally, or for labor and services
'endered and performed.
No stakeholder shall ever be held liable
" responsible for the faults, contracts or
ieDts OF this corporation in any further
um that the unpaid balance due the cor
'oration on the shares of stock subscribed
" him, nor shall any mere informality In
,Iganlzatlon have the effect Of rendering
MS charter null, or of exposing anv
tockholder to any liability whatever.
This corporation shall not engage in
BUSINESS t until Twenty-Five Thousand
S25OOO.OO) Dollars, or Two Hundred and
,l1ty (25U Shares Of the capital stock
nan nave been issued and actually paid
q. either In cash, property or services
endered as aforesaid. II any of the
tock OF this corporation is exchanged
lther In whole or part for property
Z goodwill. the provisions of Section 3
y Act 267 Of 1914, shall be complied with
trictly.
Article v. All the corporate powers of
MS corporation shall be vested in and
Hercisea oy Board of Directors COM
osed Of five stockholders. each Of whom
nail own In his own right, during his |
erm OF ONCE at least one full paid share |
STOCK, three of whom shall CONSTITUTES |
quorum for the transaction of all bust |
The ohacers Of this corporation shall