The herald. [volume] (New Orleans, La.) 1905-1953, 1921-07-07
CHARTER.
CHARTER OF THE TROPICAL CLOTH
ING MANUFACTURING COMPANY,
INCORPORATED.

United States of America. State of Louis
lana. Parish of Orleans, City of New Or
leans Be IL known, That on this twenty
seventh day Of the month OF June one
and Of the Independence OF the onlted
States of America, the one hundred ana
forty fifth.
Before me Gabriel Fernandez, Jr., a no
tary public, duly commissioned and sworn
in and for the Parish of Orleans, therein
residing, personally came and appeared the
several persons. whose names are hereun-
TO subscribed, who declared that awaiting
themselves of the provisions of the State Of
Louisiana relative to the organization OF
corporations, and more particularly of Act
No. PSI of the General Assembly OF this
State, approved July 9th, 1914, they have
covenanted and agreed and do by these
presents covenant and agree, bind. form
and constitute themselves, as well as such
persons who may hereafter join or become
associated with them into a corporation
and body polite in law, for the objects
and purposes and under the agreements
and stipulations following. to-wit;
ARTICLE 1.-The name of this corpora
ton shall be Tropical Clothing Manu-
facruring Company, Incorporated, and
under that name It shall have and enjoy
all Of the rights, privileges and advant-
ages granted by law to corporations; it
shall exist for period of ninety nine
years from this date; 1t shall have the
power to contract, sue and be sued in its
porate seal; and the same to break or
alter at pleasure; to hold, receive pur-
chase. convey. mortgage. hypothecate or
pledge property both real and personal !:
70 issue bonds, notes and other obligations
Degotiable Instruments: to have and
such managers, directors, officers
and other employees as the in
and convenience of said corporation
require or demand; to make and es-
fblish such bylaws rules and repula-
Zfions for the corporate management and
Z control Of the affairs Of said CORPORATION
as may be deemed necessary and expe-
ARTICLE 1.-THE domicile of said cor
poration shall be established in the City
OF New Orleans, State of Louisiana and
all citations and other legal process shall
sence on the Secretary; and in the alb
sence OF both on the Treasurer.
ARTICLE III-The objects and pur-
poses for which this corporation is es-
tabiished and the nature of the business
to be carried on by IL are hereby declared
to be the manufacture Of clothing other
wearing apparel or any other articles of
commerce; to buy, sell and deal in the
same Tor Its own account or on commits
sion, and In general to engage in and carry
may be germane or incident to or connect
ed with the purposes hereinabove set forth
or contemplated by this charter.
ARTICLE Iv-The capital stock of this
SeNentV-
1--WE thousand 90 400 Dollars. s75.-
10000 100. divided into seven hundred
and fifty shares of the par value Of One
Hundred % 100 Dollars, each. All shares
OF stock shall be fully paid and non-as-
sessable. No transfer of stock shall be
binding upon the corporation unless made
upon Its books. and all certificates of
stock shall be signed by such officers as
may be designated by the directors. No
stock shall be sold without having first
been offered To the memhers NJ the hna-d
Of directors.
This corporation shall have the right
to increase its capital stock to the sum
90 100 Dollars. (sl50ooo. 90 ioo,. to be d. A.
vtded into Fifteen Hundred Shares OF the
par value Of One Hundred 90 100 Dollars.
each. provided said increase in the can't
tai stock shall have been authorized by the
stockholders at a meeting to be held mr.
susnt to the provisions Of Article v OF this
ARTICLE Van Of the corporate now-
ers or this corporation shall be vested in
ana the management and control OF its
enairs snail be exercised by a board OF
directors composed Of three stcokhoIders
the membership Of which NAV be in.
creased to number not exceeding five nv
me board OF directors at any of its regu-
Isr meetings. majority Of the directors
shall constitute q quorum for the traos'
action or all business. The board Of direc-
lors shan be elected annually by ballot on |
me nrst day OF June Of each wear. Each
stockholder shall be entitled In person ar |
Dy proxy to one vote for every share ~
.tock owned BY him, and all elections shall
% neio Under such rules and regulations
Directors after ffteen DAYS rotice hx nj,
u such election shall have been sent "a