The herald. [volume] (New Orleans, La.) 1905-1953, 1919-10-02
CHARTER OF
AGO MANUFACTJRERS, INC.

United States of America State of Louis
iana. Parish OF Orleans, City of New
Orleans.
BE it known that on this ninth day of
tn" month of September. in the year one
thousand nine hundred and nineteen. be
fore me, John X. Upton. It Notary Public
in and for this City aud Parish of Orleans,
state of Louisiana. therein residing, duly
commissioned and qualified. and in the
prc>onc" of the witnesses hereinafter
named and Undersigned personally came
ANA appeared the several persons whose
names are hrreunto subscribed, who de-
riared to me. Notary. that awaiting them
selves of the provisions of the laws of this
State rclativ" to tn" organization of cor
poration>. and more especially of Act 2G1
of 1914, they have COVcnantcd and agreed.
and by these presents do covenant and
agree for themselves their successors and
assigns to form thmSclvcs into corpora
tion and body polite. for the objects and
purposes. and under the stipulationS
hereinafter set forth, to-wit:
Article 1.-The name and title of this
corporation shall he "AlcO Manufacture
erS. Incorporated and under such title
it shall have and enjoy succession and
existence for Il period of ninety nine
years from this date. unless sooner dis
solved: ii shall have power and authority
TO contract sue or be sued; to make and
use a corporate seal. the same to alter
and break ut pleasure; to have, hold. sell.
buy. lease, mortgage and hypOthecate or
pledge property, real. personal or mixed.
necessary, proper or incidental for the
carrying on of its business. as We'll 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 its corporate business,
and 10 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 H. The dOmicile of this cor
poration shall be i'll 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-cascs or
other articles.
2nd. To buy, sell, trade in and manu-
facture all sorts of merchandise clothes
and underwear for men, women and chill
dren, which shall include all lines of
wearing apparel
Bird. To buy, sell and trade in dry
goods and notions.
In order that said objects and purposes
may be fully carried out, this corporation
shall have the right to import, export.
consiSn, 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 individu-
ais in the same or similar lines of bust
ness; to manufacture leather and textile
goods and all other articles of use or
wear; to own, lease or operate factory
or factories, and to this end to purchase
or otherwise acquire lands and buildings
for the erection and establishment of fac
tories; to establish agencies or branch of
fees for the sale of goods and mercban-
disc, or any of the products of it's man
ufacture at any place or places; and also.
to carry on any part of its business and
exercise any part of its powers outside of
the State OF Louisiana or in foreign conn
tries; and, in general. to engage in or
undertake and to do anything necessary
incidental to or connected with said OBJ
all rights and powers conferred on cor
porations by Act 267 of 1914
Article ". The capital stock of this cor
pOratiOn is hereby fixed at Fifty Thous-
and ($5O,00O00 Dollars, divided into Five
Hundred (500) Shares of the par value of
One Hundred (Sl00.00t Dollars each; pro-
yided. that the amount to which the cap
ital stock of this corporation NAV be
increased shall be One Hundred ThOus-
and tS100,00000 Dollars.
Two Hundred and Fifty (25O) Shares,
or Twenty Five Thousand ($25,OOO) Dol
lars, of the capital stock of this corpora
ton must be subscribed before the filing
of the articles of Incorporation. The sub
scribed capital stock of this corporation
shall be payable in cash. property (real
or PERSONAL, or for labor and services
rendered and performed.
No stakeholder shall ever be held liable
or responsible for the faults contracts or
debts of this corporation in any further
sum that the unpaid balance due the cor
poration on the shares of stock subscribed
by him, nor shall any mere informality in
organization have the effect of rendering
this charter null, or of exposing any
stakeholder to any liability whatever.
This corporation shall not engage in
business until Twenty Five Thousand
t$25, 100000 Dollars. or Two Hundred and
Fifty t2JO) Shares of the capital stock
shall have been issued and actually paid
in. either in cash, property or services
rendered as aforesaid. If any of the
stock of this corporation is exchanged
either in whole or part for property
or goodwill, the provisions of Section 2
of Act 267 of 1914. shall be complied with
Article V. All the corporate powers of
10 Il,
by a Board of Directors COM
posed of five stockholders, each of whom
shall own in his own right. during his
term of office at least one full paid share
OF stock, three of whom shall constitute
a quorum for the transaction of all bust
ness.
The officers of this corporation shall