The herald., 1921-10-13
CHARTER OF UNION NOVELTY
STORE, INC

United States Of America, State of Louis
lana, Parish of Orleans, City of New Or
leans, BE it 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 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 ayailing
themselves of the laws of the State of
Louisiana relative to the formation of
selves, their associates, successors and as
signs into corporation under the stipula-
tiOns herein set forth which they adopt
as their charter. tO-wit:
ARTICLE THE name of this corpora
tion 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-Fhe capital stock of this
corporation shall be entirely common stock.
The capital stock shall be ten thousand
dollars ($l00O0O0) divided into one hun
dred shares U00) of the par value of one
hundred dollars (Sl0O00) per share, full
paid and worcestershire, which capltaI
stock may be increased to twenty five
thousand dollars ($25OOOOO) 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 i'll the
year 1923.
ARTICLE VII-The said board of di-
rectors shall within one month after us
election annually select from among It's
members a president, vice president ana
a secretary treasurer who shall serve for
one year from date of selection or until
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 calfd Dy
lin at the request of more than 254o OF
the outstanding stock. The board shali
have The power to draw up ana adopt ny
laws If same be deemed necessary or de-
sirable.
ARTICLE VlII-No snare of stock In
thisn corporation shall be sold or trans
terred by stakeholder until such 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 value
| thereof each stockhofder having an OPP
ton to purchase such proportion OF tnt
| rendered stock as his then holdings may
| represent, the rejection or failure 10 eN
| ercise such option by any stockhOlder ol
| stockholders to enure to the beneht OF tht
| remaining stockholders. No transfer u
stock shall be valid or binding upon TINS
| corporation unless the provisions or TN;
| article shall have been compiled with anC
| a notation to that effect snail De stamped
upon all stock certificates. II such ten
| dered stock be not purchased as herein
provided, the said stakeholder so tender
| ing shall have the right to dispose OF same
| in other directions. Inc eNlstlhg st0ch'
| holders shall have 30 days from the GATE
| of receipt of said notice OF tender wlthln
| which to exercise the optioh hereih Pfo'
vided.
y ARTICLE IX-Until the annual elec
| ton of Directors in the year 1923, th'
| following shall constitute the Directors
| and officers Of this corporation; r,,
Philip ID. Levy, President; Mrs. fannle
| Lew, Secretary Treasurer; Mrs. Dors
I-Bodenger. Vice-President
! ARTICLE X-The subscribers 20 this Act
of Incorporation have signed their names
and addresses hereunto and the NUMBER
| of shares for which they have subscribed
and they do hereby declare that all sucf
stock subscriptions have been paid IN ful
and thai accordingly more than hfty pei
| cent of the capital stock Of this corpora
| ton has been subscribed for and paid FOR
| ARTICLE XI.-This corporation sinai
| exist and have succession for a period Of
ninety nine years.
ARTICLE XII.-This corporation shall
| be hquidated and dissolved pursuant L
| the provisions of existing laws relative
thereto or Acts amendatory thereof.
| ARTICLE XIII.-The Board OF Direc
| tors shall fix salaries, shall engage an6
discharge employees. and all checks, note
or other obligations Of this corporation
shall be signed by at least two OF th'
| officers thereof, except in the event OF al
/ emergency In which event the Board o
Directors by a majority vote shall haU
the power to waive this provision TEN
porarily.
| ARTICLE XIv.-Services Of process
shall be made upon the president OF TIL