The herald. [volume] (New Orleans, La.) 1905-1953, 1921-09-29
CHARTER OF UNION NOVELTY
STORE, INC.


United States of America. STATE of Louis
lana Parish of Orleans. City of New OF
leans. BE il known, that on this fourteenth
day of the month of September. III the
year of our Lord one thousand, nine nun
bred and twenty before me, Sol.
Weiss a notary public, duly commissioned
aud qualified in and for the Parish of Or
leans, therein residing and in the presence
Of the witnesses hereinafter named ana IN
dersigned. personally came ana appeared
the persons whose names. are hereuhto
subscribed and who declared that they are
of full age of majority and residents Oh
the City of New Orleans and that aNalllhs
them selves of the laws of the STATE OF
Louisiana relative to the formation OF
corporations, they do constitute them
selves, their associates, successors ana as
signs into a corporation under the Stipuia.
lions herein set forth which they hu"p'
as their charter. to7wlt:
ARTICLE 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 IIs-The objects aud purposes
of this corporation shall be: Inc SelllhS'
at wholesale and retail OF goods, wares
merchandise and novelties and the conduct
ing of 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 caDital stock shall be ten thousand
dollars (S1OOOOO0) divided into one nun
dred shares 600 of the par value ot one
hundred dollars (SlO0-00) per share, iuI,
paid and worcestershire, which capital
stock may bet increased to twenty-five
thousand dollars (S2J.OOOOO composed
as just herein stated
ARTICLE VI-The corporate powers Of
this CORPORATION shall be vested In and eX-
ercised nv 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 Ill the
year 1923.
ARTICLE vII-The said board of d.
rectOrs shall within one month after us
election annually select from among It's
members n president, a vice-presldent ana
a secretary-treasurer who shail serve IoT
one year from date of selection or uhtli
their successors shall have been elected
and qualified. All vacancies on the board
shall be filled at special meeting OF
stockholders called after 10 days notice
sent by registered mail TO all the STOCK
holders of record. Special meeting OF
Stockholders for all purposes may be called
by the president and must be called d!
Lim Mt the request of more than 20Eo OF
the outstanding stock. The Doard snali
have the power to draw up ana auopt ~
IL
sirable.
ARTICLE VIII-Nc snare of stock In
this corporation shall be sold or trans
tered by a stakeholder until such shar'
or shares shall have been rendered, III VIII
ing by registered mail 10 the corporation
thru it's board Of directors and the stock
holders then of record shall nave the Op-
ton to purchase such stock at DOCK value
thereof each stakeholder having an OPP
tion to purchase such proportion or the
7 fnaE ne
represent the rejection or failure 10 eN
ercise such option by any stOckholder Oi
stockholders to enure to the Oenent Oh III,
remaining stockholders. NO transfer VI
stock shall be valid or binding upon thiS
corporation unless the provisions OF Uni,
article shall have been complied win ahG
| a notation TO that effect snail De stahpe'
! upon all stock certificates. III such zen
| dered stock be not purchased as herell
| provided. the said stakeholder so tender
! ing shall have the right to dispose OF sam'
| In other directions. The ENSUING SUI
| holders shall have 80 days from the dat'
of receipt of said notice OF tehutI Will III
! which to exercise the option herein pro
| yided.
| ARTICLE IX.-Cntil the annual elec
| ton of Directors in the year w., th'
| following shall constitute the Dlrector'
| and officers of this corporation
| PhiIip ID. Levy, President; Mrs. FANNIE
| Levy Secretary Treasurer; Mrs. Dori
| Bodenger. Vice President.
! ARTICLE X-The subscribers TO this Ac
of Incorporation have signed their name
| and addresses hereunto and the numDe
! of shares for which they have subscrlbet
| and they do hereby declare that al suci
stock subscriptions have been paid in ful
! aud that accordingly more than hfty pc
| cent of the capital stock of this corpora
/ tion has been subscribed for and paid Tor
| ARTICLE XI.-This corporation sha'
! exist and have succession for a period q
/ ninety nine years.
! ARTICLE XII.-This corporation Shal
be liduidated and dissolved pursuant "
! the provisions of existing laws relatiV
| thereto or Acts amendatory thereof:
ARTICLE XIII.--The Board of Direc
tors shall fix salaries, shall engage ant
discharge employees. and all checks. note
| or other obligations of this corporation
shall be signed by at least two OF IN
officers thereof. except in the event OF al
emergency in which event the Board
Directors by majority vote shall hav
the power to waive this provision TEN
porarily.
ARTICLE XIy.-Serviees Of process
shall be made upon the president OF thi