The herald., 1920-08-05
CHARTER OF MONROE & CO.. INC.
July 22-Aug. 90

United States of America. State OF Lou
isiana City of New Orleans. he it known.
that on this 18th day of the month OF
July, in the year one thousand, nine nun
dred and twenty: Before me, Charles
r. Fletchinger. Notary Public,
duly commissioned and qualified in
and for said Parish of Orleans, there in
residing, and in the presence OF the Wit
nesses hereinafter named and undersigned,
personally came and appeared the several
persons whose names are hereunto sub
scribed. who severally declared that, avail
ing themselves of the provisions OF the
laws of said State of Louisiana with re-
spect to the organization of corporations,
they have agreed and do by these presents
agree and bind and Obligate themselves, as
well as all such persons as may hereafter
become associated with them. to form and
constitute a corporation and body polite
in law for the objects and purposes and
under the terms and conditions following
to-wit:
ARTICLE 1.-The name of this corpora
ton shall be Monroe & Co, Inc, and I'M
der such name il shall have and enjoy cor
pOrate existence for a period of ninety
nine years from the date hereof. unless
| to contract, sue and be sued, to make and
use a corporate SEAL and the same to
break or alter at pleasure; to purchase,
| lease, hold, mortgage pledge, sell or trans
| fer in any other manner, under its cor
| porate name, all property of every nature,
| movable, immOvable or mixed; to make.
| indorse and issue bills of exchange and
| promissory notes and bonds; to MAKE all
| necessary rules and regulations for the
| proper management of its corporate af-
| fairs; and generally, to enjoy all the
rights, privileges and immunities now con-
| ferred or which may hereafter be con-
ferred by the laws of the State of Lou
isiana upon corporations of the same kind
and character.
ARTICLE 1.-THE domicile of this cor
poration is hereby fixed in the City of
New Orleans, Parish of Orleans, State of
Louisiana.
All cititation and other legal process
shall be served upon thesPresident, or in
his absence or inability 70 act, upon the
| vice President, or in the absence or in
! ability to act of both of them, upon the
Secretary Treasurer.
| ARTICLE lII.-The objects and pur-
| poses for which this corporation is organ
\ lied and the nature of the business to be
| carried on by il are hereby declared to be ::
| TO buy and sell ut retail and at wholesale
TO import and manufacture carpets. mat
tlngs, rugs, wallpaper, furniture and house
furnishings and decorating materials of
all kinds. including paint and other wall
coverings; and generally. to furnish and
decorate the exterior and interior of all
houses and buildings of every nature and
TO perform all work necessary and incl
dental thereto; and generally to do and
perform every other act and thing useful
ana conducive TO carry out the business
herein authorized.
ARTICLE IV.-The capital stock of this
corporation is hereby fixed at the sum of
twenty five thousand (S25 ,OOO.OO) dollars,
winch may be increased to fifty thousand
t$JOOOO0O) dollars. Said capital stock
shall be divided into and represented BY
two hundred fifty shares of the par value
of one hundred dollars each and all Of
said stock shall be common stock. All
stock shall be issued for cash or its EQUIV
aient and may be issued at not less than
par in payment for property actually pur-
chased or for service actually rendered the
corporation.
The corporation shall begin to do bust
ness when such amount of it's capital
STOCK has been subscribed for. as as pre-
scrlbed by law. The remainder of the
capital stock not issued shall be disposed
OIL at such times and upon such terms and
conditions as the Board of Directors shall
determine, and in accordance with law. All
stock shall be fully-paid and non-assess-
aDle, ana no transfer of stock SHALL be
binding upon the company unless duly re-
corded upon the books of the COMPANY.
ARTICLE V.-The affairs of this cor