The herald., 1920-01-29
CHARTER.

of the business to be carried on by it are
hereby declared to be to buy, sell and
| manufacture clothing and to engage in .
| general haberdashery business, including
| the sale of footwear, and generally to dc
| and transact all things Complementary OF
| incidental to any of the aforesaid objects
| and purposes.
ARTICLE Iv.-The capital stock of this
corporation is hereby fixed at the sum OF
| six thousand (S6,O00.00) dollars to be
| divided into and represented by sixty (6O)
shares, in the sum of one hundred (SiO0.OOl
| dollars each; said stock shall be paid for
in cash ut such times and in such man
ner as the Board of Directors may de-
termine. All shares of stock Of this cor
pOration shall be full paid and nom
asSessable. No transfer of stock shall be
binding upon the corporation unless made
upon its books, and all certificates of
stock shall be signed by such officers AS
may be designated by the Board of Di-
rectors. This corporation shall become a
gong concern and commence doing bust
ness as soon as three thousand $4,000 OO
dollars of the capital stock shall have
been subscribed The capital stock of this
corporation may be increased TO the sum
OF nifty thousand (S50,000.00) dollars. No
stakeholder shall have the right TO sell
or transfer his or her shares of stock or
any part thereof to any one who is not a
stakeholder of said corporation unIess
he shall have first offered the same to the
other stockholders at the book value
thereof as fixed by the Board of Directors
allowing fifteen days for the accepting or
rejecting of the offer. After which DELAY
only II the offer of purchase is not ar,
cepted, the stakeholder desiring TO sell
his shares may sell the same to any one
not stockholder. This provision shall
be printed on the face or in the body of
all certificates of stock.
ARTICLE V.-All the corporate powers
OF said corporation shall be exercised by
a board OF Directors, consisting of three
stockholders. majority of whom shall
constltute quorum for the transaction
OF business. The Board of Directors shall
eject annually from their number a Presi-
uent, Vice President, and a Secretary
and Treasurer. The first Board of Dire,:
tors shall consist of three stockholders
and shall be composed of Harry Latter
Bernard Carroll and Hilary Cousins. with
nard Carroll as Vice President and Hilary
cousins as Secretary and Treasurer. who
snail serve until the second Monday i'm
January, 1927. The pOstoffice addresses
vi saIu directors are as follows: Harry
Latter. 2616 Pension street New Orleans
La Bernard Carroll. 1913 St Mary street
Sew orleans La, and Hilary Cousins 1913
ST Mary street. New Orleans In ThsSo
directors shall serve until the second Won.
day In January, 1921, or until their suc
cessors have been duly elected and mali
ned; The annual meeting of the stock
holders for the election of directors shah
De held on the second Monday in Janunrv
OF each year. unless said day he a iagoI
hollday, and then OH the next bank dav
tbe d;rar any vacancy occurring among
me directors by death, resignation or
otherWlse, shall be filled by election for
lhe unexpired term by the remaining dI
rectors Each subscriber hereto sets after
ntst. name ms postoffice address and a
Statement OF the number of shares Of
stock which he agrees to take in the cor
poration. At all elections. every stoct-
n noiher shall be entitled to one vote for
on the books of the Corporation 70 he n am.
III person or by his written proxy. a
majority of the votes cast shall elect
!, , AkiiCLE Win the event of the
poration; the stockholders shall elect
.nree liquidators from among their
i NUMBER at meeting convened for
d ana, purpose, after fifteen Q5)
ud!S written notice sent TO each stool
hoider by mail TO his last known address
sald hquidators shall have the autbority
70 WIND up the business and affairs of
ohi rs corporation. In case of the death of
a hqulIator, the survivors shall appoint a
stocRholder as successor to him.
aRIlCLE VII.-This charter may no
nodlned, changed or altered. or said cor.
pUf' 90 s, may De dissolved, with the as.
.snt vi stocknolders owning two-thirds ~
the entire capital stock, at a general meet
ing OF the stockholders convened for sncb
purpose; after fifteen (15) days written
hoiSo shaIi nave been given to each stock
address ~ ms iast known
ARTICLE vIII-No subscribar for
STOCK shall ever be held liable for The
ton a. l, iauts or debts of said corpora
to III III any further sum than the unnaid
uaIahce' II any, due the corporation on
.he STOCK for which he has Subscribed
Hail. sn fnI any stakeholder ever be held
in nnv i1 ,rs snch contract. faults or debts |
49, a. an! lurther sum than the unpaid hal
ance, III any, on the stock owned nv him |
nut snail any more informality in organi |
.horon nave the effect of rendering this
~ YET null or rendering any subscriber
pr stockholder liable beyond the nnno;d
stncI IL any. remaining due on his
ARTICLE IX.-This corporation is or.
Sanized under the laws of the state y,
louisiana. and especially Act No 267 ~
S,f. ana the subscribers hereto. for them
ives Ives ana said corporation, and for Ire
~ accort directors and stockholders, here
- a.rept as part of this charter and as
eoLnitlons OF this corporation. Ali rho |
isnts powers, privileges and immunities
,rdnted to corporations. and granted to
'toek boIdars upon officers. directors and
M .' sald acts; such acceptance being 40
uI,. complete and binding as n said
isnus, powers, privileges and immunities |
trument "sth III thls In
Il linus done and passed in nv Notaric,
,H ~ IN the City of New Orleans afore'
, @m, IN tne presence Of Richard h. Mont
query and Thomas joseph Dobbins COM
,e.ent witnesses of lawful age ana M
tLuihg IN This city, who hereunto Subscribe |
neIr names together with said parties
mo me. Notary. on the day and date ses
orth In the caption hereof "a'e se'
Witnesses Illnesses Richard b. Montgomery. T
rs omitted.) Vi SuoSerio-
W. W. YOUNG. Not. Pub.
u, the undersigned. Recorder Of Mort
ages In and for the Parish of Orleans
,uate OF Louisiana. do hereby certify that
ne above and foregoing Act of Incornora'
ION or Union Tailoring Company Inc
sa, th,s s, gay Only recorded in my Office in
New Orleans. January %. 1920
true copy. n.y. H.
(Signed) W W yor,yc
Seal) Na,a,
Jan. 29-Feb. 5-Mch. T. iuone'
CHARTER OF THE DICKSON u.rrp