The herald. [volume] (New Orleans, La.) 1905-1953, 1920-07-01
OF PEOPLES Co-OPERA
TIVE LAUNDRY, INC.

United States of America, state of Lou
iSiana Parish of orleans. city OF New
Orleans BE il known that on TINS thlr-
trruth day of the month of April. in the
wear of our Lord. one thousand nine hun
bred and twenty. before me-. John
u. NiN Notary Public. duly com
miSSioncd and qualified i'll and for the
Parish of orleans. State of Louisiana.
therein residing, and in the presence OF
the witnesses hereinafter named ana I'M
derSigned. personally came ana appeared
the several persons whose names are here
unto subscribed. who declared. that. avail
ing themselves of the laws of thiS state
relative to the organization of corpora
tionS, they have cONenanted ana agreed,
and do by these presents, covenant. agree,
bind. form and constitute themselves. ~
well as such persons as may hereafter
join or become associated with them. into
Il corporation and body polite in law, for
the objects and purposes and under the
agreements aud StipulatiOnS Following, To-
wit:
ARTICLE 1.-The name and title of this
corporation shall be Peoples CO-Opera-
tive Laundry. Inc" and under its cor
pOrate name it shall enjoy succession for
the full term of ninety-nine CD) years
from and after the date hereof. and shall
have power and authority to contract, sue
and he sued; to accept and receive mort
cages. pledges or other hypothecations to
make and use corporate seal and the
same to break and alter at pleasure: TO
purchase. receive, lease, hold or otherwise
acquire and convey, as well as mortgage
and hEpOtheCate. under its corporate
name. property, both real and personal: to
borrow money and TO issue notes and
other obligations or negotiable inStru-
mentS; to hold stock in other corpora
tons: to carry out all of the objects and
purposes hereinafter set out: to name and
appoint such managers and directors. Off
GERS and agents, as the interest and con
venience of said corporation may require
and to make and establish as well as alter
and amend at pleasure, such bylaws,
rules and regulations for the management
/ and regulation of the affairs of the cor
poration as may be necessary, proper or
ARTICLE 1.-THE domicile of this cor.
poration shall be in the Parish of Orleans.
/ State of Louisiana, and all citations or
| other legal process shall be served upOn
| any of the officers of the corporation.
! ARTICLE III.-The objects and pur-
poses for which this corporation is or
! ganlzed. and the nature of the business TO
De conducted by ii. are hereby declared
/ to be: To carry on at New Orleans, in
the Parish of Orleans. State of Louisiana
and elsewhere, the business of a steam
purify, scOur, bleach. wiring. dry. iron.
| color, dye, disinfect, renOvate and prepare
! Tor use all articles of wearing apparel
household, domestic, and other linen, and
cotton and WOODEN goods and clothing
ana fabrics of all kinds. aud to buy, sell,
hlre, manufacture, repair. let or hire, al
Ter. improve. treat and deal in all ap-
of all kinds, which are capable of being
used for any such purpose.
ARTICLE lV.-The amount of the can
ltal stock of this corporation is hereby
fixed at one hundred thousand dollar,
| tSiOOWO.OO), divided into ten thousand
Il0;OOO) shares of the par value of ten
dollars SlO.OOl per share. Said stock
snail be paid for either in cash or
property actually received by the corners.
lon. The capital stock may be Increased
100 dWo hundred thousand dollars $500.
Vo.VVl, when duly authorized by its
stockholders. The capital stock can be
sold only as provided by the bylaws.
AKIlCLE Van the powers of this
corporation shall be vested in and eSer.
cised by a Board, composed of not less
IMAM i've nor more than nine Directors.
ARTICLE VI.-The Board. at ali times
shali have the right to select from rho
S Stocknolders any number of Directors,
above fixed. Said Board of Directors shall
ne elected annually at a general meeting
Oh the stockholders called for that mr.
pose on the fourth Thursday in AnriI n,
ua ;,h year after due notice. in accordance
WIN the laws of Louisiana. Each stoct