The herald. [volume] (New Orleans, La.) 1905-1953, 1921-10-20
CHARTER.

poratiou seal: 70 hold. purchase, lease.
sell and hypothccatc real and personal
property. To make and issue bonds. to
borrow and lend money. to name ANA APP.
uuiut directors mama gers and agents ana
to establish such bylaws for the man
a-pul.ut of the business and affairs Of
said corporation as may hc necessary.
ARTICLE II The domicii' Of this cor
roratiou shall De in the city al New or
leans state of Louisiana
ARTICLE III The objects and pur-
poses for which this CORPORATION is or
-auizrd. and the nature of the husne>S
20 be- carried ON 10y it. are hereby gen
orally tn Ice: To engage in the business
OF retail clothing. and cu-aG" in any
other business. undertaking or enterprise
growing ont of. -ermanr or incidental 10
rh" objects and purposes herein set out
or contemplated by this charter.
ARTICLE ~ The Capital stock of this
corporation il hereby fixed ut the sum
of Nineteen Thousand 10000 W Dollars.
and shall consist entirely of Common
stock divided into Nineteen Hundred
Eg"W Shares. of tn" par value of one
Hundred (SlUUUW Dollars each. which
shall Dee paid for in cash, or in install
mcVt~ ~ the call of the Board Of III
rrctur~. or may be issued at not less than
par for services rendered 10 or property
actually received Icy the corporation. All
shares of stock shall be fun paid and
worcestershire. No stock Of this cOrpor-
alton shall d" pledged, transferred or sold
without Il first having been offered to the
CORPORATION and ten DAYS allowed within
which time 70 pure base said stock at its
book value. should the corporation fail
tu exercise this privilege within the ten
days then IN" stakeholder shall be- per
mittrd to pledge. transfer or sell his stock
in the omen market. No transfer of stock
shall be binding upon the corporation un-
less made upon its books in accordance
with this stipulation and all certificates
of stock shall be- signed 10y such officers
as may be- designated 10y the Board of
Directors
Ice exercised by the Board of Directors
consisting of five "a stockholders. three
80 of whom shall constitute a quorum
for the transaction Of business The first
Board of Directors shall he composed Of
the following, tO-wit:
Clinton W. Power. William H. Lipsey
Lawrence VI. Power, George W. Bond and
Claude X. jackson.
The Board of Directors shall be elected
annually at a meeting held on the first
Monday i'm October under such rules and
regulations as NAV be determined by the
Board of Directors. No failure to hold
an election shall be regarded as a for
FIXTURE of this charter and any vacancy
occurring on said Board of Directors shall
be filled by the remaining Directors for
under this charter shall he elected from
the Board of Directors as soon as the
sum Of Ten Thousand (S10O0000) Dollars
is subscribed and shall serve until the
election TO be held in October, 1922. or
until their successors are elected and quail
flied. Each stakeholder shall be entitled
to one vote. whether cast in person or by
proxy. for each share of stock owned by
him aud standing in his name on the
books of the corporation. The Board of
Directors shall appoint such agents and
employees as may be necessary. removable
at the pleasure of the Board, in the con-
duct Of its business.
ARTICLE Wat the termination of
this charter by limitation or otherwise,
the business and affairs shall be hqui-
dated by two liquidatOrs to be appointed
from among the stockholders at a meet
ing of the stockholders convened for such
purpose after ten days notice in writing
shall have been given by the Secretary
to each stakeholder in person or by mail,
said liquidators to be elected by a ma
iOrity vote of the shares of capital stock
present or represented at such meeting.
ARTICLE NII-This charter may be
altered or amended, or the cor
pOratiOn may be dissolved or ordered
liquidated by vote of twO-thirds of the
capital stock present or represented at
a meeting of the stockholders convened
for such purpose after ten days notice
in writing shall have been given by the
Secretary to all the stockholders in per-
son or by mail.
ARTICLE VIII-NO stakeholder shall
ever be held liable or responsible for the
or faults of this corporation in
any further sum than the unpaid balance
due to the corporation on the shares
owned by him, nor shall any mere in
formality in organization have the effect
of rendering this charter null or expos
ing any stakeholder to any liability be-
yOnd the amount of his unpaid stock.
This done and passed in my office in
the City of New Orleans, State of LOuisi-
ana, in the presence of John J. Kelley
and Ben Hocke, competent witnesses, re-
siding in this city, who hereuntO sign
their names with said appearers and me,
Notary, after a due reading of the whole
on the day, month and year first above
written.
Names and addresses of subscribers
omitted.
Witnesses: Jno. ]. Kelley. Ben Hocke
JOS. A. CASEY,
Notary Public.
j. the undersigned Recorder Of Mort
cages, in and for the Parish of Orleans,
State of Louisiana, do hereby certify that
the above and foregoing Act of Incorpor-
alton, of the United Style Shop, Inc, was
this day recorded in my Office in Book
1868 folio
New Orleans, La, October 10th, 1921
ROBERT SCOTT.
Deputy Recorder.
A true copy:
(Signed): JNO. CASEY.
n. - Notary Public.