The herald., 1919-07-03
CHARTER.
CHARTER OF SOUTHERN HAT COM
PANY. INC.

leans- Be il known, That on this, the lStn
day of the month Of June, in the year of
Our Lord, one thousand, nine hundred and
nineteen, and of the Independence OF the
United States Of America, the one hundred
and forty-third, before md, Raymond H.
Saal, Notary Public, duly commissioned
and qualified, within and for the Parish OF
Orleans, State of Louisiana, and IN the pres
ence OF the witnesses hereinafter named
and undersigned, personally came and ap-
peared the several persons whose names are
hereunto subscribed, who severally declared
that, availing themselves of the benefits and
provisions OF the Constitution of the State
Of Louisiana and OF the laws OF SAID State
relative to the organization OF corporations,
and particularly of the provisions of Act
No. 267 of the General Assembly of the
State of Louisiana for the year 1919, and the
amendments thereto, they have contracted
and agreed and united to form and do by
these presents, contract and agree and bind
and obligate themselves to form, organize
and constitute themselves, well as all
such other persons who may hereafter join
or become associated with them or their sue
cessors, into a stock corporation and body
polite in law, for the objects and purposes
and under the conditions, covenants, stipula-
tions and agreements of the articles follow
ing, towit:
ARTICLE 1.-The name and title OF this
corporation shall be Southern Hat Company,
Inc" and under and by said name, unless
sooner dissolved in accordance with law and
this charter, it shall exist and continue, and
snail nave ana ENJOY corporate existence ana
succession for a period of ninety nine (99)
years from and after the date of this act.
1t may have, hold, receive borrow, loan; eX-
change, acquire by grant, gift or purchase, de-
wise or bequest, sell, ALLEVIATE, dispose of, con-
vey, lease, pladge, pawn, hypothecate, encumr
Der or mortgage property OF any kind whether
real, personal or mixed cOrporeal or incOr-
poreal movable or Immovable, all subject TO
such limitations may be prescribed by law.
Ii may make, issue and endorse bonds or
notes and other evidence of debt 1t may
accept mortgages, pledges or other forms OF
security for money loaned or other debts.
1t may contract, sue and be sued, plead or
be impleaded by its corporate name in any
court of competent jurisdiction. 1t may
make, adopt, and use corporate seal and
alter break the same at pleasure. 1t may
hold stock IN other corporations, and its
capital stock may be issued for capital stock
in other corporations. 1t may name, ap-
point and employ such managers, directors,
and officers, agents and other employees as
its interests, business and convenience may
require, and may fix their compensation,
having due regard TO the nature, character
and value of their services 1t may make
and establish bylaws, rules and regulations
not inconsistent with this charter or any
existing law, fixing or altering the manage
ment of its property, the regulation and gov
eminent of its affairs, and the manner of
the certification and registration of its
stock. 1t may wind up and dissolve itself,
or be wound up and dissolved in the manner
prescribed by law. 1t may conduct business
in this State, other States, the Federal Dis
tricts, the Territories and possessions of the
United States, and any foreign country. 1t
shall have the power to invest its Board OF
Directors with all OF its corporate powers s.,
subject to such restrictions as may be named
in this charter. And it generally shall
have and possess all the powers, rights,
privileges and immunities which corporations
and may hereafter be authorized to have
and possess under the Constitution and the
laws of this State, and particularly under
Act No. 267 of the Acts of the General As
sembly of the State of Louisiana for the
year 1914 and the amendments thereto.
ARTICLE 1.-THE domicile of this cOrpO-
ration shall be the City of New Orleans,
Parish of Orleans, State of Louisiana, and
all citations or other legal process shall be
served upon the President of this corporation,
or in case OF his absence. upon the Vice
President, or in the absence of both of these
officers, upon the Secretary of this cor
poration.
ARTICLE III.-The objects and purposes
for which this corporation is formed and the
nature of the business to be carried by
1t are hereby declared to be to engage in
trade or commerce in all of its forms, shapes
and phases principal, agent, commits
sion or otherwise; to manufacture, buy, sell,
import, export and generally deal operate and
trade either at wholesale retail, in all
kinds OF merchandise without limitation, but
especially hats, caps and other head gear of
every class and description; and to carry
on any other business which, under the law,
it may be entitled to carry which may
seem TO the corporation to be calculated di-
rectly indirectly, TO effectuate the afore-
said objects, or either of them, to facili-
tate in the transaction of its aforesaid
- business or businesses, Or any part
thereof, or in the transaction of any other
lawful business that may be calculated, di-
rectly or indirectly, TO enhance the value OF
or to. render profitable any of the company's
properties and rights, and generally to hold
and exercise all such incidental powers and
privileges, and do and perform all things, as
relate to the objects and purposes herein
above set forth or as may be needful, nee
essary, proper, useful or convenient for eff
fecting said objects and purposes.
ARTICLE IV.-The authorized capital stock
of this corporation is hereby fixed at and
declared to be the sum OF Fifty Thousand
(S50.OO000) Dollars, which capital stock may
be increased in the manner provided by law
to the sum of One Hundred Thousand (Sl00
000OO) Dollars.
The presently authorized capital stock Of
this corporation shall consist ct Five Hun
bred $500 shares, OF the par va1Se OF Ont
stock shall be represented by certiticates ane
shall be personal property. No transfer .
said capital stock shall be binding upon TIN:
corporation unless made IN accordance VIII
its charter and bylaws and recorded on TIT
books thereof.
ARTICLE V.-The capital stock of thi
cornoration shall be fully paid and non
assessable when issued, and shall be issue
only for labor done or for property actualli
received or for cash to be paid at suci
times and in such amounts and after sucl
notices as may be determined by the Boar
of Directors.
ARTICLE Wall the corporate power
Of This orporation shall be vested in AM
exercised by a board of three 9) directors
each of whom shall hold in his own nam
at least one "a share of stock. Said Boar
of Directors shall be elected annually on IN
second Tuesday in January of each year
the first election to be held in the yea
1921. All such elections shall be by pal
lot at the office of this corporation, unde
the supervision of two (2) commissioners
TO be appointed by the Board of Directors
and in the absence of any commits sioner, tn
President shall have power to fill the plac
by appointment, and of all such elections
as we'll as of all meetings of stockholders
except for the purpose of liquidation or dis
solution, or otherwise required by law
fifteen Q5 days notice shall be given b.
mailing to each stakeholder who appear
as such on the books of this corporation, a
his last designated address, or care Genera
Delivery at New Orleans if he has not dess
mated address, an announcement Stain
the time and place of the meeting. Fac
- shareholder shall be entitled to vote 70
zach share of stock standing in his nam
bn the books of this corporation, to be cas-
In person or by proxy, and majority c
the votes cast shall elect. The Board
Directors shall have power to fill such v;
cancies that may occur in the Board. Fai
ure 10 elect directors on the day above spec
fled shall not dissolve the corporation bu
the directors then in office shall remain j
office until their successors are elected an
qualified. Due notice of another electio