The herald. [volume] (New Orleans, La.) 1905-1953, 1921-09-22

United States of America, State of Louis
lana. Parish of Orleans, City OF New UT
leans. BE il known, that on this fourteenth
day Of the month of September, In the
year OF our Lord one thousand, ming nun
dred and twenty one. before me, SOL,
Weiss u notary public duly commissioned
and qualified in and for the Parish OF or-
leans. therein residing and in the presence
of the witnesses hereinafter named ana un-
dersigned. personally came and appeared,
the persons whose names are hereuntO
subscribed and who declared that they are
of full age Of majority and residents OF
the City of New Orleans and that awaiting
themselves OF the laws OF the state or
Louisiana relative to the formation OF
corporations, they do constitute theh-
selves. their associates, successors anu as
signs into a corporation under the stipula-
tions herein set forth which they ADOPT
as their charter, to-wit:
ARTICLE 1.-The name Of this corpora
ton shall be Union Novelty Store, Inc
ARTICLE 1.-THE domicile Of this cor
poration shall be in the City Of New Or
eans, La.
ARTICLE III-The objects and purposes
of this corporation shall be: The selling,
at wholesale and retail. of goods, wares,
merchandise and novelties and the conduct
ing of a store or stores for said purposes.
ARTICLE IV-This corporation shall
have all the powers and authority vested
in corporations under the law of Louis
lana.
ARTICLE y-The capital stock of this
CORPORATION shall be entirely common stock.
The capital stock shall be ten thousand
dollars ($10,000.O0) divided into one nun
dred shares (lOO) of the par value OF one
hundred dollars (slOO.00) per SHARE, full
| paid and worcestershire, which capltai
| stock may be increased to twenty-five
thousand dollars ($25,OOO.Oo) composed
as just herein stateo-
ARTICLE vI-The corporate powers OF
| Shon no rad n K
| ercised by a board of directors composed
of three stockholders, who shall be elected
| annually at the annual meeting OF STOCK,
| holders to be held on the hrst MONDAY on
| January of each year beginning In the
| year 1923.
| ARTICLE yII-The said board of di
| rectors shall within one month after its
| election annually select from among II;
members u president, vice-presideht ahu
| n secretary treasurer who shall serve IOi
one wear from date of selection or unit
| their successors shall have been elected
and qualified. All vacancies on the Doarc
| shall be filled at a special meeting o.
stockholders called after 10 uais ItonS
holders of record. Special meeting u
stockholders for all purposes may De cane'
nv the president and must De calico u!
him at the request OF more than I'S Il
have the power to draw up ana ADOPT o!
laws il same be deemed necessary OF ne
sirable.
ARTICLE yIII-No snare of stock u
this corporation shall be sold or Trans
rerred by stakeholder until sucn shaI
| or shares shall have been rendered, III wr'
ing by registered mail to the corporation
thru its board Of directors and the stock
holders then of record shall nave the 0p
. ton to purchase such stock AT Dook 'aIn
! thereof each stakeholder having an op
! ton TO purchase such proportion OF TN
rendered stock as his then holdings ma
? represent the rejection or failure 10 ca
, | ercise such option by any stocknoiuer =
!, stockboIders TO enure to the benefit Of tn
, | remaining stockholders. No transfer !
stock shall be valid or binding upon I'M
a corporation unless the provisions OF I'M
article shall have been eonpi,eH WI" .a, n
5 upon all stock certificates. IL sucn tei
; dered stock be not purchased as herel
D provided, the said stakeholder SO tende
e ing shall have the right 70 dispose oi ss sa
4 holders shall have 80 days from the "a,
o Of recent of said notice OF tender WITH
= which TO exercise the option herein PR
j vided.
!: ARTICLE IX.-Until the annual ao ei l.,
I ton of Directors in the year 1S23, u
!, following shall constitute the Dlrecto
e and officers of this corporation
Philip u. Levy, President; MIS-. ram
/ Levy, Secretary Treasurer; mrs. Do'
o Rodenger Vice President.
:, ARTICIE X-The subscribers TO this A
z of Incorporate. have signed their nam
Q and addresses hefeunto and the numb
> of shares for which they have supScrlD'
u u and they do hereby. declare that an SUI ~
n stock subscriptions have been paid In ~
and that accordingly more than nfty p
x cent of the capital stock OF this corpor
ton has been subscribed for ana pald 10
ARTICLE XI-This corporation sh'
II exist and have succession for period
a ninety nine years.
N ARTICLE XII-This corporation sh'
s. no Iiouidated and dissolved pursuant
II tine provisions Of existing laws reiati
r thereto or Acts amendatory thereof;
d ARTICLE XIII.-The Board OF Dirt
,r TORS shalI fix salaries, shall engage al
a. discharge employees, and all checks. not
y or other obligations of this eorporati
d shall be signed by at Least two OF ,
officers II teof, except in the event OF
1, emergency In which event the Board
l. directors by a majority vote shall IA
a the power to waive this provision Tel
porarily.