New Iberia enterprise and independent observer. (New Iberia, La.) 1902-1944, 1921-11-26
THE Torgsry,' Incorporated

Be it known that on this 10Th day Of
November in the year of our Lord, One
Thousand Nine Hundred and Twenty
One, before me. c. Arthur Provost, a
Notary Public in and for the Parish and
State aforesaid, duly commissioned and
qualified as such, and in the presence Of
the witnesses hereinafter named and I'M
designed, personally came and appeared
the persons whose names are hereunto
subscribed, but of whom Henry Brous-
sard and Octave ]. Where are represented
by Donald R. Mestayer, by virtue of a
Power of Attorney, certified copy of
which is hereunto annexed and made
part hereof, who declared that availing
themselves of the laws of this State, rel
alive to the organization of corporations
and particularly Act No. 267 of the Cen
eral Assembly of the State of Louisiana
for the session of 1914, they have cove
nanted and agreed and do by these pres
ents, covenant and agree to bind, form
and constitute themselves as well as such
other persons who may hereafter join or
become associated with them into cor
poration and body polite in law, for the
objects and purposes, and under the
agreements and stipulations following,
to-wit:
ARTICLE I.
The name and title of this corporation
shall be "THE TOGGERY." INCOR-
PORATED, and as such shall enjoy all
the rights and privileges granted by law
to corporations, and their term of its
existence shall be for period of Ninety
Nine 1907 years.
ARTICLE II.
The domicile of said corporation shall
be in the City Of New iberia, Parish of
Iberia, State Of Louisiana, and all cita-
tons and all legal process shall be
served upon the President and in his ac
sence upon the Secretary Treasurer of
this corporation.
ARTICLE III.
The objects and purposes of this cor
poration and the nature Of the business
to be carried on BY it are hereby de-
clared to be the carrying on of the BUSH
ness as dealers in clothing, shoes, shirts,
collars, underwear and all mems furnish
ing goods; it shall have power to contract,
sue and be sued in its corporate name to
make and use 4 corporate seal, to hold,
receive, purchase, convey. mortgage or
pledge property, both real and personal;
to borrow money and issue bonds, note.
and other obligations; to have and en-
ploy such officers, directors. managers,
agents, and other employees az the in
terest of said corporation may require
and to establish such bylaws, rules and
regulations for the proper management
and control Of its affairs 40 may be nec-
essary and expedient.
ARTICLE ".
The amount Of capital stock Of this
corporation is hereby 6xed at the sum of
Ten Thousand ($10,00000) Dollars, di-
vided into One Hundred (1O0) shares,
par value One Hundred ($100.00) DOL
lars each provided, however, that the
subscription Of Fifty $50 p. c.) per cent
of said stock shall be sufficient to char
ter said corporation; and said stock shall
be paid for in cash and may be issued for
property actually acquired for BY said
corporation.
ARTICLE v.
II il agreed upon becoming : stock
holder Of this corporation that in the
event said stakeholder wishes dispose Of
his stock, he must first offer It to the ex-
listing stockholders Of this corporation for
= period Of Thirty (30) days before dis
posing Of it to outside parties.
ARTICLE VI.
Each stockholder shall be entitled, in
person or BY proxy, to cast one vote for
each share of stock owned by him.
ARTICLE VII.
No stakeholder Of this corporation
shall ever be liable for the contract or
faults Of the corporation in any further
sum than the amount Of the unpaid bal
ance due ON his stock; Of shall any in
formality in organization have the effect
of rendering this charter null Or Of ex-
posing stakeholder TO any liability be-
yond the amount due ON his stock.
ARTICLE VIII
All the cceporate powers Of this cor
poration. and the Management and con-
srol Of it, affairs shall be vested in and
exercised by the Board Of Directors COM
posed Of thfea (3l stockholders. ! ma
jority Of whom shall constitute Z quorum
in the transaction Of business.
The Direstors Of the sid corporation
shall b elected annually ct = meeting Of
the stockholders to b held On the Sec
md Monday Of May each year 1t the
domieile Of the corperstion, and notice
of said stoekholdsrs meeting fer Tie elee-|
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