The herald. [volume] (New Orleans, La.) 1905-1953, 1920-07-29
CHARTER 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 this thir-
trenth day of the month of April, in the
year of our Lord. one thousand nine hun
dred and twenty. before me, John
u. Nix. Notary Public. duly com
misSioned and qualified in and for the
Parish of Orleans. State of uiSiana.
the witnesses hereinafter named and un-
derSigncd. personally came and 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
tion>. they have CONenanted and agreed,
and do by these presents. covenant. dSrce,
bind. form aud constitute themselves. aS
well such persons as may hereafter
join or become associated with them. into
Il corporation and body polite i'll law. for
the objects and purposes and under the
agreements and stipulatiOnS following, to-
wit:
ARTICLE 1.-The name aud title of this
corporation shall be Peoples Co-Opera-
pOrate name il shall enjoy succession for
the full term of ninety nine (99D years
from and after the date hereof. and shall
| have power and authority to contract, sue
and be sued: TO accept and receive mort
cages. pledges or other hypOthccatiOnS, "a
make and use corporate seal and the
same TO break and alter at pleasure: "a
purchase. receive. lease. hold or otherwise
J and hypothecate, under its corporate
name. property, both real and personal; "a
borrow money and to issue notes and
other obligations or negotiable iuStru.
| mentS: to hold stock in other CORPORA.
! tionS; 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.
venlence of said corporation may require
and TO make and establish, rs well as alter
and amend at pleasure, such bylaws
| rules and regulations for the management
ana regulation of the affairs of the cor.
! poration as may be necessary, proper OF
convenient.
ARTICLE 1.-THE dOmicile of this cor
| pOration shall be in the Parish of Orleans
state on Louisiana, and all citations OF
other legal process shall be served upon
any of the officers of the corporation.
ARTICLE lll-The objects and pur-
poses for which this corpOratiO2 is or
Sanlzed. and the nature of the business 10
De conducted by il, are hereby declared
10 be: To carry on at New Orleans in
the Parish of Orleans. State of Louisiana
ana elsewhere the business of a steam
ana general laundry, and to wash, clean
purify, scOur, bleach wiring, dry. iron
color, dye. disinfect. renOvate and prepare
for use all articles of wearing apparel
household, domestic, and other linen and
cOttOn ana wooden goods and clothing
ana fabrics of all kinds, and to buy, sell
hlre' manufacture. repair, let or hire. al
ter, improve, treat and deal in ali an
paratus, machines, materials and articles
| OF all kinds, which are capable of heinz
| used for any such purpose.
AhIICLE iN..The amount of the cap
ital stock of this corporation is hereby
n LxIad at one hundred thousand dollar.
(SlOO, 100000, divided into ten thoHsand
| ll9OOo) shares of the par value of ten
uoIi1rS tSlOOOl per share. Said stock
shal be paid for either in cash or
property actually received by the corpora-
.lon. Inc capital stock may be Increased
0 90 om hundred thousand dollars $500.
OVoVol. when duly authorized by il,
sI99S,khoiders. The capital stock can be
sofa only as provided by the bylaws.
ARTlCLE v.--All the powers of thi,
CORPORATION shall be vested in and exer.
| Cised by a Board, composed of not los,
than I'VE nor more than nine Directors,
! Al, IlCLE NI-The Board. at all times
snai nave the right to select from m,
tockhoIders any number of Directors
npL exceeding the maximum limit herein
above fixed. Said Board of Directors shall
os elected annually at general meetin.
VI the stockholders called for that mr.
pose on the fourth Thursday in AnriI n
vsf,h year after due notice, in accOrdauc,
WIN the laws of Louisiana Each stock