The herald. [volume] (New Orleans, La.) 1905-1953, 1920-02-26
CHARTER.

| LII
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-
! tary ard Treasurer.
ARTICLE III-The objects and pur-
poses of this corporation and the nature
of the business to be carried on by II are
hereby declared to be TO buy, sell and
manufacture clothing and to engage in q
general haberdashery business, including
the sale of footwear, and generally TO do
and transact all things complementary or
incidental TO any or the aforesaid objects
and purposes.
ARTICLE Iv.--The capital stock of this
corporation is hereby fixed at the sum Of
six thousand (S6,O0000) dollars, to be
divided into and represented by sixty 900
shares In the sum of one hundred ($l000O)
dollars, each; said stock 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
poratiOn shall be full paid and nom
asseSsable. No transfer of stock shall be
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 u
ness as soon as three thousand ($3 600 OO)
dollars of the capital stock shall have
been subscribed. The capital stock of this
corporation may be increased to the sum
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 n
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 II the offer of purchase is not ac-
cepted, the stakeholder desiring to sell
his shares may sell the same to any one
not stakeholder. 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
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-
dent, Vice President, and a Secretary
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
the said Harry Latter as President: Ber-
nard Carroll as Vice President, and Hilary
cousins as Secretary and Treasurer, who
shall serve until the second Monday in
January, 1921. The postoffice addresses
of said directors are as follows: Harry
Latter. 2616 Pension street New Orleans
La; Bernard Carroll, 1913 ST. Mary street,
New Orleans La, and Hilary Cousins 1913
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
fed; The annual meeting Of the stock
holders for the election Of directors shall
be held on the second Monday in January
or each year. unless said day be a legal
holiday, and then on the next bank day
,heeeatter; ANY vacancy occurring among
the directors by death, resignation or
otherwise shall be filed by election for
the unexpired term by the remaining d.
reetors Each subscriber hereto sets after
IN Is nVNan 10 enAt
statement of the number of shares Of
STOCK which he agrees to take in the cor
poration. At all elections, every stock
holder shall be entitled to one vote for
on the books of the corporation, to be cast
In person or by his written proxy A
majority of the votes cast shall elect.
., ARTICLE Win the event of the
poration; the stockholders shall elect
number at meeting convened for
That purpose. after fifteen Q5)
holder by mail to his last known address /:
said liquidators shall have the authority
TO wind up the business and affairs Of
this corporation. In case of the death Of
incubator, the survivors shall appoint a
stockholder as successor to him.
ARTICLE VII.-This charter NAV be
modified, changed or altered, or said cor
poratlon may be dissolved. with the as.
sent OF stockholders owning two-thirds of
the entire capital stock, at a general meet
ing Of the stockholders convened for such
purpose, after fifteen 15) days written
NOTICE shall have been given to each stock
holder, mailed to him at his last known
address.
ARTICLE yIII.-No subscriber for
stock shall ever be held liable for the
contract COM faults or debts Of said corpora
tlon In any further sum than the unpaid
balance, IL any, due the corporation on
tne STOCK Tor which he has subscribed !;
nor shail any stakeholder ever be held
liable for such contract, faults or debts
in any further sum than the unpaid bal.
ance, II any, on the stock owned by him !:
nor snail any mere informality in organi-
cation have the effect of rendering this
charter null. or rendering any subscriber
or stockholder liable beyond the unpaid
amount IL any. remaining due on his
ARTICLE Ix-This corporation is or
ganized under the laws Of the State OF
Louisiana. and especially Act No. 267 of
1914. and the subscribers hereto, for them
selves and said corporation, and for it's
by accept, as part Of this charter and as
conditions OF this corporation, all the
rights. powers, privileges and immunities
granted to corporations. and granted to
stockholders of corporations by said laws
and said acts; such acceptance being as
full complete and binding as IL said
rights, powers. privileges and immunities
strument
Thus done and passed in my NotariaI
Oniee: 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 hereunto subscribe
their names. together with said parties
and me, Notary. on the day and date set
forth in the caption hereof
witnesses: Richard b. Montgomery, T.
j. Dobbins.
e,s so Ghi,faa sisned) tNames of subscribe
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 that
the above and foregoing Act Of Incorpora-
ton Of Union Tailoring Company Inc.
was this s, day duly recorded in my Office IN
New Orleans. January 81 1920
lSigned) EMILE ]. LEONARD, Dy r.
A true copy.
(Signed) W. w. YOUNG
Seal) Notary Public
Jan. 29-Feb. 5-Mch. f.
CHARTER OF THE DICKSON WATER
PROOFING COMPANY INC