The herald., 1920-05-13
CHARTER OF HOUSEWIVES COOPER
ALIVE STORES, nc.

4 u
ALIVE STORES, nc.
state of Louisiana. Parish of orleans
CITY of New orleans. Know all men; ny
these presents. that on tins 'NtIt! 'hiru
duy of the. month of April. N the year
oms. thousand nine hundred aud twenty
before me Mark Mayo Boatn"r. NolArA
Public. duly commissioned and iu' i n
in aud for the city of New pr''dn>' ar
iSh and State azores aid. prr>oha!N 'aHl, |
Tho several persons hereinafter ndln"d ind
undersigned who. in presence of the VIZ
ppS>rs hereinafter named ana uhuerSiEhru'
declared that. aNalllhS 'htihs'N'S vi III
laws of the State of Louisiana III Hurh
eases made aud provided, for ana on DC
half of themselves, their assigns ana SUI
resSors they do hereby form themselves
into and establish Il corporation uhu'r tne
name aud for the purposes and under we
terms and conditions set out IN ~" loi-
lowing charter:
ARTICLE Par. |. The name of the
said corporation shall be honstWihtS III
Operative stores. Inc. Its doml'll' shaii
he i'm the city of New Orleans.
Par = The said corporation shall nave
all the rights, powers. privileges anu
authorities which are now or ma! mere
after be given to like corporations ny me
laws of the state of Louisiana or OF any |
other state territory or country. foreign
or domestic. in which it NAV do business
Par. g. Unless sooner dissolved in ac-
cordance with its charter or the law, said
ninty-nine years after the date hereol.
Par 4 The President, or, in his abb
Sence the Viz" President. IN III" ORDER oI
their rank shall be the officers on Whoil |
citation and other process snail ne HeNe"'
ARTICLE 1.-THE purposes for which |
this CORPORATION is organized and the ma
ture of the business to be carried on by |
il are hereby declared to be: 10 buE' |
sell and otherwise deal. at wholesale OF
retail, as agents, on commission or Other
wise in goods, wares and merchandise OF |
all sorts: to do business as general mer
chants. at wholesale or retail, as asIks |
on commission or otherwise 10 ac'f~re
and hold stock. with all the rights and |
privileges of stock ownership. including |
the right to vote in other corporations Or
ganZed for like purposes ana IN corpora
lions manufacturing or producing SoouS,
wares and merchandise of all sorts, ana
/ generally to do any and all things ana TO
carry on any and all business which III
/ the Judgment of the Board OF DIRECTORS
/ NAV be useful, convenient. necessary or
complementary to the objects and rur-
poses for which it is organized.
ARTICLE IlI.-Par. l. The capital
! stock of this corporation is hereby hNed
at the sum of twelve thousand dollars
divided into twelve hundred shares OF the
par value of ten dollars each, which may
he increased up to the sum OF twenty -hNe
thousand dollars.
Par. ? The said capital stock shall be
divided into five hundred shares OF the
par value of five thousand dollars of com
|
the par value of seven thousand dollars
, | of preferred stock.
; Par. 3. Such preferred stock or the
holders thereof. shall be entitled to receive
dividends at the rate of eight per cent per
: annum on the par value thereof, which
: shall be cumulative. and the holders
: | thereof shall be entitled to receive, on
0 liduidation. the full par value Of their
= stock. together with all arrears of divi-
3 dends, before any distribution of divi-
g bends, current or on liquldauon; shal Ot
a .trih taH IN
- stock. The holders of preferred stocR
- shall not be entitled to vote and shall moi
&c he eligible to hold office in this corpora
: ton.
n, Par. T. Each holder of common stool
y shall be entitled to but one vote, what
" " ever the number of shares held by him
=; . and it is agreed by the stockholders here
\ Of for themselves and for their successors
" and by all persons who may hereafter be
81 come stockholders in this corporation. tina
&c they do hereby, as condition for thei
gu admission to membership in this corpora
=, ,S ton, waive and abandon all their right
IA and privileges to vote in excess of tn
~ one vote hereby provided for.
~ Par. ;. After payment of the dividend
~ on preferred stock. as above provided
VI y, any surplus of profits shall be Distribute
-. at the discretion of the Board of Direc
W tors among the holders of common stOc
- in proportion to the stock held by theT
~ and in proportion to the purchases o
~ goods, wares and merchandise made b
~. them of this corporation.
W Par. g. The corporation shall be go
~ ing concern and shall begin bushes
II, ,G when one-half of it's capital stock, a
y above provided, shall have been sub
x, scribed, and One-half of such subscribe
NJ stock shall have been paid for as require
VI by law.
Par. :. No stock shall he transferre
4, except on the books of the cOrporatiO
~ nor until the certificate evidencing tn
- same shall have been surrendered to tn
u corporation, and the said corporation ma
~, treat as the owner of stock to all intent
~ and purposes the person in whose nam
." | the same is registered on its books
70 ARTICLE IV.-Par. 1. All the power
,co of this corporation shall be vested in an
w. exercised by Board OF Directors con
ha posed of not less than nine nor more tina
,Dt fifteen common stockholders. Its Office
In shall be a President, one or more VII
mr. Presidents, Secretary and Treasure
ect or the functions of Treasurer may he
said Board conferred upon the Secretar
The Board shall elect or appoint su,
other officers, agents and servants as
may from time to time deem necessa
for the business of the corporation al
q, shall fix the powers, compensation al
terms of service thereof.
Par. 2. The officers of this corporate
shall have such powers as are appropria
to their several offices or as may be pI
scribed by the Board, and shall recei
such salaries as the Board may from til
to time fix.
. Par 3. The following persons sh
compose the first Board of Directors: \
- Ernest W. Nacher, 1916 Napoleon Aven
. New Orleans, La; Mrs. Lydia L. Benedi
1888 Canal Street, New Orleans. La: VI
Edna NJ EgleSton, Metarie Ridge JEFF
/ son Parish; Mrs. Jessie MichaeliS l,
Milan Street. New Orleans. La; Mr.. Re
f. Vivien, 160S n. Dupre Street. New {
leans, La; Miss Nellie Thompson, 101S
CarrolltOn Ave, New Orleans. La; NJ
re- Eva G. Dibert, I444 St. Charles Ave. n
Orleans La; Mrs. Edna H. Stewart /
Napoleon Ave. New Orleans, La;
srs Alice b. Monroe, 1881 Philip Street. \
Orleans La. The said Board shall cow
at No. 635 Common Street, New Orlea
La at p. m. on April 30. 1920, for