The herald. [volume] (New Orleans, La.) 1905-1953, 1921-08-04
CHARTER.
CHARTER OF THE TROPICAL CLOTH
ING MANUFACTURING COMPANY
- INCORPORATED

Irn,A,d States Of America, State of Louis
lana. Parish of Orleans, City OF rev ~
leans Be it known, That on TINS twenty
seventh day OF the month OF June one
thousand, nine hundred ana twenty one;
and of the Independence OF the .hlte9
states of America, the one hundred ana
forty fifth.
BEFORE me Gabriel Fernandez, Jr;, a no
tarv nnblic duly commissioned ana sworn
IN and for the Parish of Orleans, therein
residing, personally game ana appeareu the
several persons, whose names are hereuh
70 subscribed who declared that availng
them selves Of the provisions OF the state OF
Louisiana relative to the organization OIL
CORPORATIONS, and more particularly OF ACT
No 267 of the General Assembly OF this
State. approved July 9th, 1914, they nave
coyenanted and agreed and do by these
nresents covenant and agree, bind, form
and constitute themselves, as well as such
persons who may hereafter join or become
associated with them into corporation
and body .politic in law, for the objects
and purposes and under the agreements
and stipulatons following. to-witi
ARTICLE 1.-The name of this CORPORA
ton shall be Tropical Clothing Manu-
facnuring Company, Incorporated, and
under that name 1t shall have ana enjoy
ages granted by law to corporations; 1t
shall exist for a period OF ninety nine
years from this date; II shall have the
power to contract, sue and be sued In its
porate 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
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
control of the affairs OF said corporation
as may be deemed necessary and expe-
dent.
ARTICLE 1.-THE domicila OF said cor.
ton shall be established in the City
Few Orleans. State of louisiana and
Icitati9ns 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.
tablished and the nature of the business
to be carried on by Il 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
ed with the purposes hereinabove set forth
or contemplated by this charter.
fN-Ine capital STOCK OF this
corporation is fixed at the sum of Seventy
I Ave thousand 90 100 Dollars. (s75.
\ 10000 400, divided into seven hundred
and fifty shares Of the par value of On,
Hundred 90 100 Dollars. each. All share,
of stock shall be fully paid and non-as
-sessable. No transfer Of stock shall b,
binding upon the corporation unless mad,
upon its books. and all certificates o
stock shall be signed by such officers al
may be designated by the directors n,
stock shall be sold without having frs
been offered to the members Of the boarC
Of directors.
This corporation shall have the RICH
to increase its capital stock to the sun
90 100 Dollars. $4,000 00-10o). to be di
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 a meeting to be held pur
suant to the provisions Of Article V Of thi.
charter.
ARTICLE v-An Of the corporate pow
ers Of this corporation shall be vested ir
and the management and control Of &c.
Affairs shall be exercised by a board o,
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 It's regu
lar meetings. majority of the directors
shall constitute quorum for the trans
action Of all business. The board Of direc-
tors shall be elected annually by ballot a
the first day Of June Of each year Each
stakeholder shall be entitled In person or
by proxy to one vote for every share of
stock owned by him, and all elections shall
be held under such rules and regulations
as may be determined by the Board of
Directors after fifteen days notice by All
OF such election shall have been sent to