The herald. [volume] (New Orleans, La.) 1905-1953, 1921-07-21
CHARTER.
CHARTER OF THE TROPICAL CLOTH
ING MANUFACTURING COMPANY
INCORPORATED.

United States Of America, state OF LOUIS
iana Parish Of Orleans, City OF New Ut
leans. Be II known, That on TINS twenty
seventh day Of the month Oh June que
and Of the Independence OF the Unitea
states of America, the one hundred ana
Rsfore me Gabriel Fernandez, Jr., a no
tarv nublic. duly commissioned and sworn
in and for the Parish Of Orleans, therein
residing personally came and appeared the
several persons. whose names are herenh
to subscribed, who declared that svailins
them selves of the provisions Of the state Oh
Louisiana relative to the organization OF
corporations, and more particularly OF ACT
No. 267 Of the General Assembly OF TINS
State, approved July 9th. 1914, they nave
coyenanted 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 THE name of this corpora
tion shall be Tropical Clothing Manu-
fac6uring Company. Incorporated, and
under that name 1t shall have and enjoy
ali Of the rights, privileges and advant-
ages granted by law to corporations; 1t
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 and use a cor
pornte 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
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
may require or demand; to make and es-
tablish such bylaws, rules and regula-
tions for the corporate management and
control Of the affairs of said corporation
as may be deemed necessary and expe-
dent.
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
be 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 De carried on by It are hereby declared
70 De the manufacture Of clothing, other
wearing apparel. or any other articles of
commerce; to buy. sell and deal in the
eame Tor its own account or on commits
sion. and In general to engage in and carry
may be germane or incident to or connect.
"a with the purposes hereinabove set forth
or contemplated by this charter.
ARTICLE iv-The capital stock Of this
Ave Thousand 90 noo Dollars es7s.
10000 100. divided into seven hundred
and nifty shares Of the par value of One
Hundred % 100 Dollars, each All share,
Of stock shall be fully paid and mons $
eeseable. No transfer Of stock shall b,
binding upon the corporation unless made
upon Its books. and all certificates O
stock shali be signed by such officers a,
may be designated by the directors. N,
stock shall be sold without having frs
been offered to the members Of the boart
Of directors.
This corporation shan have the RICH
to increase Its capital stock to the sun
Of One Hundred and Fifty Thousand
% 100 Doilars. (e15O 600 90 1907, to be al
vided into Fifteen Hundred Shares Of tn,
par value Of One Hundred 90 100 Dollars
each. provided said increase in the CAPT
tai stock shall have been authorized by tn,
stockholders at q meeting to be held pur
suant to the provisions Of Article v of thi,
charter.
ARTICLE Van Of the corporate DOW.
ers Of this corporation shall be vested IN
and the management and control of its
enhirs shall be exercised by a board OF
directors compossd Of three stcokhoIders
the membersAip Of which may be I'm
creased to number not exceeding five by
the board Of directors at any Of its regu-
lar meetings. A majority Of the directors
shall constitute quorum for the trans
action Of all business. The board Of direc-
tors shan be elected annually BY ballot ON
the 9gt day Of June Of each year. Each
BY proxy to one vote for every share Of
steck owned By Mn, ana Ill elections shall
- held under g1cA rules and regulations
- may BE- determfnod BIZ the Beard az
Directors amer nfteen days notice by usff
q oucA e3oct1oo 6Aal 1aye boen ut q