The herald., 1921-03-10
CHARTER OF LOTKA a COMPANY,
INCORPORATED.

United States of America. State OF Louis
lana, Parish of Orleans, City OF New OF
beans. BE it known, That on this
Fifteenth day of the month of January.
i'm the year of our Lord. One Thousand
Nine Hundred and Twenty one, and OF
the Independence of the United states OF
America, the one hundred and forty NTH
Before me, Arthur John Peters, Notary
Public, duly commissioned and qualified,
in and for the City of New Orleans, in
the Parish Of Orleans and State of Louis
lana, domiciled in the said City, Parish
and State, and in the presence OF the
witnesses hereinafter named and under
signed. Personally came and appeared :
The several persons whose names are
hereunto subscribed all above the full age
of majority, who severally declared that,
availing themselves Of the provisions or
Act No. 267 Of 1914, as well as Of the
general laws of the State of Louisiana,
relative to the organizations OF corpora
lions, they hereby form themselves into,
and constitute corporation for the objects
and purposes, and under the stipulations
hereinafter set forth.
ARTICLE l. The name and title of this
corporation shall be: "LoTKA < COM
PANY, INCORPORATED" Its domicile
shall be in the City of New Orleans, and
IL shall have and enjoy succession and
corporate existence by its corporate name
for period of ninety nine (y9) years
from and after the date hereof.
This corporation shall have power and
authority to contract, sue and be sued in
It's corporate name; to make and use a
corporate seal; to hold, receive, hire and
purchase real and personal property, and
to sell, mortgage or pledge the same and
to borrow money and issue bonds, notes
and other obligations.
All citations or other legal process shall
be served upon the President, and in the
event of his absence or inability to act
from any cause, the same shall be served
upon the Vice president of the Corporation
and in the event of absence or inability
to act from any cause OF both of said
officers, the same shall be served upon
the Secretary Treasurer of the Corporation.
ARTICLE ii. The objects and purposes
for which this corporation Is established
and the nature of the business to be carried
on by 1t are declared to be: To deal in,
manufacture, and buy and sell at retail,
ladies' ready to wear clothing of all kinds !;
pleating button covering and hemstitching.
ARTICLE III. The capital stock of
the corporation is hereby fixed at the sum
of Ten Thousand ($10,O0O.o0C Dollars,
divided into and represented by one hun
dred shares of common stock of the par
value of one hundred (S1O0O0) dollars
each. The capital stock may be increased
TO the sum Of Fifty Thousand tS5O,O00.OO)
Dollars.
Said stock shall be paid for in INSTALL
ments of such amounts and at such times
as the Board of Directors may determine,
but any part or parcel of said stock may
be issued by said Board of Directors at
nut Tess tnhn par III payment VI ihDOr uOne,
services rendered or property actually
received by the Corporation.
No stakeholder of said Corporation shall
sell his stock to any person not already
a stakeholder until he has first offered il
for sale during period of ten days TO the
Board of Directors of the Corporation at
its then book value and IL not purchased
by any member of the Board of Directors
until he has offered 1t for sale to the stock
holders during period of ten fdays after
the expiration of the above mentioned ten
days.
ARTICLE ". All the corporate powers
of this corporation shall be vested in and
exercised by Board of three (3) directors
to be composed of stockholders. a majority
of whom shall constitute q quorum for
the transaction of any business. The
Board of Directors shall be vested with
full power and authority Ito make all
contracts, purchases. and sapes and adopt
all bylaws, rules and regulations for the
government and affairs of the Company
and alter, amend, and change the same at
pleasure; appoint, hire and discharge, all
officers, agents and employees, fix all
salaries, and generally to do and perform
all things necessary in the transaction OF