The herald., 1921-10-27
CHARTER OF UNION NOVELTY
STORE INC

United States of America. State of Louis
lana, Parish of Orleans, City of New Or
leans, BE ii known, that on this fourteenth
day of the month of September, in the
year of our Lord one thousand, nine hun
dred and twenty-one, before me. Sol.
Weiss, a 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 and I'M
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 availing
themselves of the laws of the State of
Louisiana relative to the formation Of
corporations, they do constitute them
selves. their associates, successors and as
signs into a corporation under the stipula-
lions 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
leans, 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 v-The capital stock of this
corporation shall be entirely common stock.
The capital stock shall be ten thousand
dollars ($10,000.00) divided into one nun
bred shares 900 of the par value of one
hundred dollars ($1000O) per share, full
paid and non assessable, which capital
stock may be increased to twenty-five
thousand dollars S25,00O.OO composed
as just herein stated
ARTICLE VI-The corporate powers OF
this corporation shall be vested In and ex,
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 first Monday OF
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 IT'S
members a president, y1ce-presldent ana
a secretary-t treasurer who shall serve for
one year from date OF selection or unui
and qualified. All vacancies on the BOARD
shall be filled at a special meeting OF
stockholders called after 10 days notice
sent by registered mail to all tne slocHt N
stockholders for all purposes may be called
by the president and must be callea oy
him at the request Of more tnan 90 OIL
the outstanding stock. The board shall
have the power to draw up and adopt py-
sirable.
ARTICLE VIII-No snare Of stock In
this corporation shall be sold or trans
rerfed by a stakeholder until sucn snare
or shares shall have been rendered, IN VIII
ing by registered mail to the corporation
thru its board Of directors and the stock
holders then of record shall have the OPP
ton to purchase such stock at book VaIu'
thereof each stakeholder having an OPP
ton TO purchase such proportion OF the
rendered stock as his then holdings may
represent the rejection or failure 10 e4
ercise such option by any stockholder o.
stockholders to enure to the beneht OF tht
remaining stockholders. No transfer o.
stock shall be valid or binding upon thi:
corporation unless the provisions OF Uni;
article shall have been compiled with anC
a notation to that effect shall De stamped
upon all stock certificates II such zen
dered stock be not purchased as hereir
provided, the said stockholder SO tender
ing shall have the right to dispose OF sam'
in other directions. The existing stock
holders shall have 80 days from the oat'
which to exercise the option herein pro
vided.
ARTICLE IX-Until the annual cleo
ton of Directors in the year lgZS, TN
following shall constitute the Director
and officers If this corporation:
Philip ID. Levy, President; Mrs. Fannl'
Levy. Secretary Treasurer; Mrs. Dor'
Bodenger, vice-President.
ARTICLE X-The subscribers to this Ac
of Incorporation have signed their names
and addresses hereunto and the numpe
of shares for which they have subscribed
and they do hereby. declare that an sue,
stock subscriptions have been paid In fui
and that accordingly more than fifty pc
cent of the capital stock Of this corpora
| ton has been subscribed for ana paia ior
ARTICLE xL-This corporation shal
I exist and have succession for period
ninety nine years.
ARTICLE XII.-This corporation shal
be nquidated and dissolved pursuant .
| the provisions of existing laws reiat,v
| thereto or Acts amendatory thereof;
| ARTICLE XIII.-The Board OF D1rec
| tors shall fix salaries, shall engage an
discharge employees, and all A. checks; mote eaa
shall be signed by at least two Of tn
officers thereof, except in the event OF q
emergency In which event the Board 9
Directors by a majority vote SHAH nav
the power to waive this provision tenn
porarily.
shau b. made upon the preaident Of thi