The herald. [volume] (New Orleans, La.) 1905-1953, 1919-07-10
CHARTER.
CHARTER OF SOUTHERN HAT COM
PANY. INC.

PANY. INC.
United States Of America, State Of Louis
lana, Parish Of Orleans, Iny OF New Or-
leans Be it known, That on this, the 18th
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 me, Raymond IL;
Saal, a Notary Public, duly comml ssloned
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 367 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, as well as all
such other persons who may hereafter JOIN
or become associated with them or their sue
cessors into stock corporation and body
polite in law, for the objects and purposes
and under the conditions, covenants, stlpula-
tions and agreements OF the articles follow
ing, to-wit:
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
shall have and enjoy corporate existence and
succession for period of ninety nine (99)
years from and after the date Of this act.
1t may have, hold, receive, borrow, loan,
change, acquire by grant, gift or purchase, de
wise or bequest, sell, ALLEVIATE, dispose OF, con-
vey, lease, pladge, pawn, hypothecate; encum.
Der or mortgage property of any kind; whether
real, personal or mixed corporeal incor-
poreal movable immovable, all subject TO
such limitations may be prescribed by law.
1t 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 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 a corporate seal and
alter or break the same at pleasure. Ii 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 ard 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 any
existing law, fixing or altering the manage
ment of its property, the regulation and gov
eminent OF lis affairs, ana the manner OF
the certificatiOn and registration of its
stock. 1t may wind up and dissolve itself
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,
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
are 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 domcile 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, 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 on by
it are hereby declared to be to engage in
trade or commerce in all of its forms, shapes
and phases as principal, agent, on 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 on which may
seem TO the corporation to be calculated, di
rectly or indirectly, to effectuate the afore
said objects, either of them. or to facili-
tate in the transaction of its aforesaid
business or businesses, any part
thereof, or in the transaction of any other
lawful business that may be calculated, di
a~41xy ,,,I,r IL
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
above set forth 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,OO0O0) Dollars, which capital stock may
be increased in the manner provided by law,
to the of One Hundred Thousand $780,
000.0O Dollars.
The presently authorized capital stock of
this corporation shall consist ct Five Hun
bred $500 shares, of the par vaire of One
Hundred (SlO0.00 Dollars each. The capital
stock shall be represented by certificates and
shall be personal property. No transfer q
said capital stock shall be binding upon this
corporation unless made in accordance with
its charter and bylaws and recorded on the
books thereof.
ARTICLE V.-The capital stock of this
corporation shall be fully paid and nom
assessable when issued, and shall be issued
only for labor done or for property actually
received or for cash to be paid at such
times and in such amounts and after such
notices as may be determined by the Board
of Directors.
ARTICLE VI-All the corporate powers
of this corporation shall be vested in and
exercised by a board of three 90 directors,
each of whom shall hold in his own name
at least one "a share of stock Said Board
of Directors shall be elected annually on the
second Tuesday in January of each year,
the first election to be held in the year
1921. All such elections shall be by bal
lot at the office of this corporation, under
the supervision of two (2) commissioners,
to be appointed by the Board of Directors,
and in the absence of any commissioner, the
President shall have power TO fill the place
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 as otherwise required by law,
fifteen Q5) days notice shall be given by
mailing to each stakeholder who appears
as such on the books of this corporation, at
his last designated address, care General
Delivery al New Orleans, if he has not desig- |
mated an address, an announcement stating
the time and place of the meeting. Each |
shareholder shall be entitled to vote for
each share of stock standing in his name
the books of this corporation, to be cast
in person or by proxy, and majority of