The herald., 1921-07-28
CHARTER.
CHARTER OF THE TROPICAL CLOTH
ING MANUFACTURING COMPANY,
INCORPORATED.

United States of America, State OF Louis
lana. Parish of Orleans, City OF New Or
leans Be 1t known, That on this twenty
seventh day of the month OF June one
thousand. nine hundred ana twenty -one,
and of the Independence OF the United
States Of America, the one hundred ana
forty fifth.
Before me Gabriel Fernandez, Jr:, no.
tary public, duly commissioned and sworn
in and for the Parish of Orleans, therein
reading. personally came and appeared the
several persons. whose names are hereun-
to subscribed, who declared that awaiting
them selves Of the provisions OF the state OF
Louisiana relative to the organization OF
corporations, and more particularly OF Act
No. 267 of the General Assembly OF this
State, approved July 9th, 1914, they have
covenanted and agreed and do by these
presents covenant and agree, bind, form
and constitute themselves as well as such
persons who may hereafter join er 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-witi
ARTICLE 1.-The name of this corpora
ton shall be Tropical Clothing Manu-
facturing Company. Incorporated" and
under that name Ii shall have and enjoy
all of the rights, privileges and advant-
ages granted by law to corporations; 1t
shall exist for a 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
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-
tabiish 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
sepGe on the Secretary; and in the alb
n both on the Treasurer
Gle HI-The objects and pur-
Tor which this corporation is es-
med and the nature of the business
ne carried on by 1t are hereby declared
20 be the manufacture Of clothing. other
wearing apparel, or any other articles of
commerce.; to buy, sell and deal in the
same Tor 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.
ARTICLE Iy-The capital stock of this
corporation Is fixed at the sum Of SEVENTH
i've Thousand 90 400 Dollars. (sT5.-
0o000 400. divided into seven hundred
and fifty shares of the par value of One
Hundred 90 100 Dollars, each. All shares
OF stock shall be fully paid and non-as-
sessable. No transfer Of stock shall be
binding upon the corporation unless made
upon its books. and all certificates of
stock shall be signed by such officers as
may be designated by the directors. No
stock shall be sold without having first
been offered to the members of the board
Of directors.
This corporation shall have the right
to increase its capital stock to the sum
Of One Hundred and Fifty Thousand
90 100 Dollars. $3.50 900 90 1907, to be al.
vidad Into Fifteen Hundred Shares of the
par value Of One Hundred 90 100 Dollars
each. provided said increase in the capt.
tai stock shall have been authorized by the
stockholders at a meeting to be held pur.
suant to the provisions Of Article v Of this
charter.
ARTICLE VAN Of the corporate now
ers Of this corporation shall be vested In
and the management and control Of its
analrs shall be exercised by a board OF
directors composed Of three stockholders
the membership Of which may be In,
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 q quorum for the trans.
action of all business. The board Of dire
tors shan be elected annually by ballot ON
he hrst day Of June Of each year. Each
'tcckholder shall be entitled in person or |
y proxy to one vote for every share OF |
Y held under such rules and regulations
u may be determined By the Rosrd a.
Directors after Afteeu days notice nv ms,i
4 such election shall have been sent e. |