The herald., 1920-12-02
CHARTER OF MYRoN MILLINERY,

VI NV
United States Of America. State o" Lou
iSiaHa, City Of New Orleans, Parish Of or
leans. BE il known. That on this the
2Oth dav of the month of October in the
year one thousand nine hundred and TWEEN.
~. before me. Edgar Mayer Calm. a No
tary Public. duly commissioned aud quail
ned. in and for the Parish Of Orleans.
State of Louisiana. and in the urrSruca OF
the witnesses hereinafter named and IN
deTsIERrd. personally came and appeared.
thu several persons hereinafter named and
undersigned, all Of the full age Of major
l1y. who >pNerally de- Jared that awaiting
themselves Of the laws of the STATE. OF
Louisiana, and particularly o" the pro
visions Of Act Number 20 of the General
Assembly Of 1914. relative 10 the forma-
ton Of corporations. they cuveuaut.d
and agreed. and by these presents do
covenant and aEr",. for themselves. their
successors and assigns. to form them
selves into "a corporation. and body polite.
for the objects and purposes and under
the stIPulatIous following. tu-wit.
ARTICLE The name and title of THU,
corporation shall be- Myrou Millinery. Inc.
ARTICLE 1.-THE purposes asld OBJ
l"'ls for which this corporation is organ
lied and the natur" of the business To- be
carried on by IT, ar" declared ~ be- as
follows. To conduct and carry on thu
business OF manufacturing, buying. selling
and dealing. generally, in millinery. ho>i-
'I"- OF wearing apparel. artificial flowers.
and other millinery sp,,ialticS. as we'll rs
all other articles OF merchandise. of g.
kindred nature, and TO act as general
merchants To acquire the property. rights
franchises. goodwill and assets of every
KIND OF any person. firm. corporation or
association. either wholly or partly and
10 pay for same in cash. or in the stock
OF the company. or otherwise. As may hr
permitted 10y the laws of this state. and
especially 10 take over. a. a going concern.
any business OF similar nature now he
ing oarrlyd on IN this city. "r elsewhere.
AK ICl-E llI-IAr capital stock of This
Ompdny shall be thirty thousand dollars
l$5pWp."Ol. divided into three hundred
lduOl shares. Of the par value of ou, hmm
ured dollars tSl~OOi each. of which nf-
teen thousand dollars $4,000 co. that i
one hundred and nifty UJOI shares of M.
par value of one hundred dollars (SluG 90
each, shall be subscribed and paid for
upon or Immediately after the organization
o. TINS company. such Sapital stock shall
De paid for in ash or in propprty il
Equivalent and if not in cash then the
Board of Directors of the Company shall
ueterHl4nS the value Of such equivalent
ouer. The corporation by a vote of IN.
majority of the entire Board OF Directors
may authorize an increase Of the Capital
STOCK up TO total Of one hundred and
my thousand dollars, 10y a thirds
vote or the issued stock at a meeting held
according to law. This Company shan he
a going concern and shall have the right
10 carry on business a. soon as fifteen
thousand dollars tSl5 goo 90, shall ba,a
been subscribed for. All sales and other
transfers of any OF the stock of this cor
poratlon shall be void. unless said storL
shal have been previously offered TO m,
then existing stockholders throupb m.
Board OF Directors. al a siinuIstad nil
ana II the Board for said stockhoIdarS
uotS not see nj TO purchase said SforE
then II shall not be sold at a less Dricp
or upon more favorable terms uitbou,
likewise Offering IL IN Ga a
price and upon such terms In case of
SAFE or transfer of stock or the iSsu. ~
Increased capital stock, the then holders
OF stock Of the Company shall have ~.
right TO purchase such stock in tba ratio
OF Their holdings Of stock of the Company
rms provision shall be written. printed
OF stamped on each certificate of stock
ANY shares not taken in proportion ray
be taken by the other shareholders
ARTICLE IV.-The dOmicile of the cor.
poratlon shall be the City Of New Orleans
S,ate OF Louisiana, where all citations, or
other legal process. shall be served on the
president. or. in his absence or iuCapgciry
on the Vice President ~
ARTICLE V.-This corporation shall
nave and enjoy succession and duration
Tor the period OF ninety-nine (ggl wear,
from the date hereof
ARTICLE SI.-AH the corporate powers
OF TINS corporation shall be vested in and
exercised by Board of Directors. which
snail be composed of not less than three
! TO- directors. of whom the majority shall
constitute quorum for the transaction OF
business. The following named personS
! shaH constitute the first Board of Direc-
TORS. tO-Wlt: l. MyrOn l.. kOhnstamm who
snail be the first President. . Arthur J
Hitler. who shall be Vice President. 3. Gil
Otrt friedrich. who shall be Secretary and
treasurer. And they shall hold their SAID
places as Directors and officers until Sep
TENDER 3Nh, 1922, or until their success
sors are elected and qualified. Thereafter
me Board OF Directors shall be composed
"I stockhoIders. each owning not less than
one ~ share of stock. who Shall be elected
annually by the stockholders at a meeting
on the thirtieth day of September 1927
and annually thereafter. on the thirtieth
gay OF september ot each year. If said
day should be a legal holiday, the meeting
snail be held on the next business day Al
all meetings of the stockholders the voting
shall be by ballot, and each share shall
count for one vote. After such election OF
the Board of Directors, said Board shall
elect the officers of the Company. and sucL
election may be by ballot, or viva woe
The Board of Directors shall employ an
DISMISS such clerks, managers and other
employees as the interest and business d
the Company may justify. and they NAV
by resolution, delegate this power to "a.
one or more of the officers of the Com
pany. Any of the Directors may, by writ
ten instrument, appoint another Director
TO act as his PROXY at any and all meetings
of the Board of Directors. Failure to hoH.
the annual meetings to elect Directors shall
CORPORATION
or its management, but the Directors and
officers shall continue in Office until their
successors are elected. The Board shall
have the power TO make and also to amend
or repeal bylaws for the regulation OF
the business OF the corporation. Vacan-
cies in the Board of Directors may be filled
by the remaining Directors, until the
stockholders elect.
ARTICLE vII.-The officers of this cor.
poration shall be President, a Vice Pres
ldent, Treasurer and a Secretary, but the
once OF Secretary and Treasurer may be
combined in one person. Each of these
omcers, with the exception of the Secre-
tary, must be a stakeholder.
ARTICLE NIlI.-No notes OF other
negotiable instruments, and no orders for
the payment OF money and no contracts
shall be valid, unless the same shall b.
authorized by the signatures of two offi-
GERS of the Company.
ARTICLE IX.-No stockholders shall
ever be held liable or responsible for any
OF the contracts or faults Of this corpora.
tlon, IN any further sum than any unpai,
balance due on the shares of stock owned
by him; nor shall any informality in or.
ganization have the effect of rendering tn.
charter null, or Of exposing a stockholder
10 any liability beyond any amount due on
his stock.
ARTICLE X.-This Charter NAV be al.
tered or amended in any manner, includ
ing the increase or decrease of its CAPITA
stock, and the affairs of the corporation
wound up, and the corporation itself dis.
solved, by vote of twO-thirds q /O OF
the capital stock, cast at a meeting called
for that purpose, after a thirty 800 DAYS
written notice, which notice, however NAV
be waived in writing.
ARTICLE XI.-The incorporators here
of have placed opposite their respectiv,
capital stock for which each has sub
Scribed, together with his address which