The herald., 1919-06-26
CHARTER.
CHARTER OF SOUTHERN HAT COM
PANY. INC.


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-thrd before ma, Raymond ii.
Saal, a Notary Public, duly comm ssioned
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, avaiing themselves OF the Dement'S and
provisions of the Constitution OF the State
Of Lou siana 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, as well as all
such other persons who may hereafter join
or become associated with them their sue
cessors, into a stock corporation and body
polite in law, for the objects and purposes
and under the conditions, covenants, Stpula-
tons 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; ex-
change, acquire by grant, gift or purchase, de
wise 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 or incOr.
poTeal movable or immovabe, all subject to
such limitations as may be prescribed by law
1t may make, issue and endorse bonds or
notes and other evidence of debt. IL may
accept mortgages, pledges or other forms OF
security for money loaned other debts
1t may contract sue and be sued, plead or
be implicated 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. 1t may
hold stock in other corporations, and its
capital stock may be issued for capital stock
in other corporations 1t may name, APP
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 certfication and registration of its
stock. 1t may wind up and dissolve itself,
or be wound up and dissolved in the manner
prescribed by law. Ii 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 immunites 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
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. or either of them, or 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
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
esssry, proper, useful or convenient for eff
fectins 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
(S5O,0OO0) Dollars, which capital stock may
be increased in the manner provided by law,
to the sum of One Hundred Thousand $780,
10000 Dollars.
The presently authorized capital stock of
this corporation shall consist ct Five Hun
bred 600 shares, of the par vaiSe of One
Hundred $4,000 Dollars each. The capital
stock shall be represented by certificates and
shall be personal property. No transfer %
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
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 Wall the corporate powers
of this corporation shall be vested in and
exercised by board of three 90 directors,
each of whom shall hold in his own name
at least one ID 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 well as of all meetings of stockholders
except for the purpose of liquidation or dis
solution, or as otherwise required by lazy,
fifteen (l5) days notice shall be given By
mailing to each stakeholder who appears
such on the books of this corporation, at
his last designated address, General
Delivery at 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 one vote for
each share of stock standing in his name
on the books of this corporation, to be cast
the votes cast shall elect. The Board of
Directors shall have power TO fill such va
cancies that may occur in the Board Fail
ure to elect directors on the day above speci-
fled shall not dissolve the corporation, but
the directors then in office shall remain in
office until their successors are elected and
qualified. Due notice of another election
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