The herald., 1920-02-19
CHARTER.


ARTICLE 1.-THE domicile Of said cor
poration Is hereby fixed in the City OF
New Orleans State of Louisiana, and all
citations or other legal process shall be
served upon the President of said corpor-
alton. or. in his absence. upon its Secre-
ARTICLE III.-The objects and pur-
poses of this corporation and the nature
of the business to be carried on by 1t are
hereby decla red to be to buy, sell and
general haberdashery business. including
the sale of footwear, and generally TO do
and transact all things complementary or
incidental to any of the aforesaid objects
ARTICLE Iv.--The capital stock Of this
corporation lis hereby fixed at the sum of
six thousand (s6,000.00) dollars, to be
divided into and represented by sixty (60)
shares, in the sum of one hundred (SiOOOO)
dollars. each said sock shall be paid for
in cash at such times and in such man
ner as the Board of Directors may de-
termine. All shares of stock of this cor
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
going concern and commence doing bust
ness as soon as three thousand ($30O0.00)
dollars of the capital stock shall have
corporation may be increased to the sum
of nifty thousand $3.50, O00.O0) 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 unless
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 IL the offer of purchase is not ac-
cepted, the stakeholder desiring to sell
his shares may sell the same to any one
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
Board of Directors. consisting of three
stockholders, majority of whom shall
constitute quorum for the transaction
Of business. The Board of Directors shall
elect annually from their number a Presi-
and Treasurer. The first Board of Direc-
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
shall serve until the second Monday in
January, 1921 The postoffiee addresses
Latter. 26l6 Pension street, New Orleans
La; Bernard Carroll, 1918 St. Mary street
New Orleans La, and Hilary Cousins 121;
ST. Mary street, New Orleans, La. These
directors shall serve until the second Mon
day in January, 1921, or until their sue.
cessors have been duly elected and quail.
ned. The annual meeting of the stock
holders for the election of directors shall
be held on the second Monday In January
Of each year. unless said day be a lega
holiday, and then on the next bank day
thereafter. Any vacancy occurring among
the directors by death, resignation OF
the unexpired term by the remaining di
rectors Each subscriber hereto sets after
his name his postoffice address and
statement of the number of shares o.
stock which he agrees to take in the cor
poratlon. At ali elections, every stock
holder shall be entitled to one vote fol
each share Of stock standing in his nam,
on the books of the corporation, to be cas-
in person or by his written proxy.
majority OF the votes cast shall elect.
ARTICLE VIII the event of tn,
liquidation or dissolution of this cor
poration. the stockholders shall cleo
three liquidators from among thei
number at meeting convened TO
days written notice sent to each stock
holder by mail to his last known address
said iiquidators shall have the authorit.
to wind up the business and affairs o
this corporation. In case of the death o
iiquidator, the survivors shall appoint
stakeholder rs successor 10 him.
ARTICLE VII.-This charter may b
modified, changed or altered, or said cor
poration may be dissolved. with the as
sent OF stockholders owning two thirds O
the entire capital stock, at a general meet
ing OF the stockholders convened for sue
purpose, after fifteen (15) days writte
notice shall have been given to each stock
holder, mailed to him at his last know
address
ARTICLE yIII.-No subscriber TO
stock shall ever be held liable for tn
ton in any further sum than the unpai,
balance, IL any, due the corporation Of
the stock for. which he has subscribed
nor shall any stakeholder ever be hel,
in any further sum than the unpaid bal
ance, II any. on the stock owned by him
nor shall any mere inf0rmality in organi
zation have the effect of rendering thi
charter null or rendering any subscribe
or stakeholder liable beyond the unpai,
stock.
ARTICLE Ix.-This corporation is or
ganized under. the laws of the State o
Louisiana. and especially Act No. 267 O
1914. and the subscribers hereto, for them
selves and said corporation. and for IL
onicers- directors and stockholders. here
by accept, as part Of this charter and a
rights. powers, privileges and immunitie
granted to corporations. and granted Il
and conferred upon officers, directors an,
stockhoiuers OF corporations by said law
and said acts; such acceptance being a
full. complete and binding as IL sal,
rights, powers. privileges and immunitie
were set forth at full length in this in
strument.
Thus done and passed in my Notaria
Ohice. In the City of New Orleans afore
said, In the presence of Richard b. Mont
gomery and Thomas Joseph Dobbins, com
petent witnesses of lawful age. and re
siding In this city, who herepnto subscrib
their names. together with said partie
and me, Notary. on the day and date Sc
forth In the caption hereof
witnesses: Richard b. Montgomery, 7
]. Dobbins.
Original signed) (Names of subscrib
W. w. YOUNG. Not. Pub.
i. the undersigned, Recorder Of Mort
cages, in and for the Parish of Orleans
State Of Louisiana, do hereby certify tina
the above and foregoing Act of Incorpora
| ton of Union Tailoring Company Inc
was this day duly recorded in my Office Il
| New Orleans. January %, 1920.
| tSigned) EMILE j. LEONARD, by. r.
A true copy.
| (Signed) w W. YOUNG.
Seal Notary Public.
Jan. 29-Feb. 5-Mch. 4.
CHARTER OF THE DICK SON WATER