The herald., 1921-07-14
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 1t known, That on this Twenty
seventh day Of the month OF June one
thousand, nine hundred ana twenty one.
and Of the Independence of the United
States Of America, the one hundred and
forty fifth.
Before me Gabriel Fernandez, Jr., 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 availing
themselves of the provisions Of the State of
Louisiana relative to the organization of
corporations. and more particularly OF Act
No. psf 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-
facturing Company, Incorporated, and
under that name Ii shall have and enjoy
all Of the rights, privileges and advant-
ages granted by law to corporations; il
shall exist for period of ninety nine
years from this date; 1t shall have the
power to contract, sue and be sued in its
corporate name, TO make ana n cor
porate seal; and the same to break or
alter at pleasure; to hold, receive, pur-
chase, convey, mortgage, hypothecate OF
pledge property both real and personal
to issue bonds, notes and other obligations
or negotiable Instruments to have and
employ such managers, directors, officers
agents and other employees as the in
terest and convenience Of said corporation
may require or demand; to make and es-
tablish such bylaws. rules and regula-
tons for the corporate management and
cFptrol of the affairs Of said corporation
&may be deemed necessary and expe-
RTICLE 1.-THE domicile of said cor.
fation shall be established in the City
~ New Orleans. State Of Louisiana, and
all citations and other legal process shall
De served on the President; in his alb
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 It 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 for its own account or on commits
sion, and In general to engage in and carry
on any other business or enterprise which
may be germane or incident to or connect
ca win the purposes hereinabove set forth
or contemplated by this charter
ARTICLE Iv-The capital stock of this
corporation is fixed at the sum of Seventy
i've Thousand 90 100 Dollars. (S75.-
10000 1901. divided into seven hundred
and fifty shares of the par value of One
Hundred 90 100 Dollars, each. All shares
or stock shall be fully paid and non-ss-
eessable. No transfer of stock shall he
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 members Of the board
of directors.
This corporation shall have the right
to increase It's capital stock to the sum
OF One Hundred and Fifty Thousand
90 100 Dollars. $3.50 600 90 1907, to be al.
vfded into Fifteen Hundred Shares of the
par value Of One Hundred 90 100 Dollars
each. provided said increase in the can't
tai stock shah have been authorized hy the
stockholders Mt a meeting to be held pur-
snant to the provisions Of Article v of this
ARTICLE VAN Of the corporate now
ers or this corporation shall be vested in
and the management and control Of ifs
anafrs shall be exercised by n board Of
directors composed Of three stockholders.
the membership Of which may be in,
creased to a number not exceeding five by
the board OF directors at any of its repu
lar meetings. A majority Of the directors
snail constitute quorum for the trans
action OF all business The board Of direc-
tors shall be elected annually by ballot ON
the hrst day Of June of each year. Each
stockholder shall be entitled In person or
py proxy to one vote for every share Of
stock owned by him, and all elections shall
pc neid under such rules and Regulations
as may be determined by the Board a.
Directors after fifteen days notice bv msfi
Df such election shall have been cent - |