The herald., 1922-12-07
CHARTER
CHARTER OF MARION PELICAN
HOSIERY MILLS, INC.


HOSIERY MILLS, INC.
State of Louisiana. Parish Of Orleans,
City Of New Orleans, Be It known, that on
this 21st day of November, 1922, before
me. Gabriel Fernandez, Jr, notary pub
ped, in and for the Parish of Orleans,
State of Louisiana, and in the presence
Of the witnesses hereinafter named and
undersigned, personally came and APP
unto subscribed. who severally declared
that availing themselves of the laws of the
State Of Louisiana, in such cases made
and provided. they have covenanted and
agreed, and do by these presents, covenant
and agree and bind themselves, as well as
all such persons as may hereafter become
associated with them, to form a cor
under the articles and stipuiations, to-
wit:
ARTICLE THE name and style OF
said corporation shall be Marion Pelican
Hosiery Mills, Inc. land by that corporate
and authority to have and enjoy corporate
existence for a period Of 30 years from
above date, to contract, sue and be sued
in its corporate name; to name and use
corporate seal, to hold, receive. purchase.
convey, mortgage, hypothecate, or pledge
property, both real and personal, to name
and employ such managers, directors, Of
interest Of said corporation may require,
and to make and establish such bylaws,
rules and regulations for, the proper
management Of said corporation as may
be deemed necessary.
ARTICLE 1.-THE domicile Of said cor
poration shall be In the City Of New Or
leans, State Of Louisiana, and all citations
and other legal process shall be served on
the president, and in his absence on the
ARTICLE iII-The objects and pur-
poses for which this corporation Is es-
tabished and the nature of the business
\ - L. tA ho 90
that is made up into knitted goods, such
as silk, artificial silk, wool or cotton, and
also any combination Of the above tnat
can be knit mp into hosiery; also to man.
ufacture yarns, and cotton, and wooden
goods Of all descriptions. to acquire work
and manage mills and factories for any OF
said purposes, and to sell ana dispose OF
the Sv .sd 10 purchase
real estate. buildings, machinery, appn-
ances and appurtenances as may De re,
quired for the carrying ON OF the said
c ~ n any manner connected With the pur-
poses hereinbefore declared.
s s.Ds +. s ssSel o. e sas
o0o.0O Represented By 100 shares at par
may be increased or decreased as per.
e.1 y e n statutes Ss 81 s' for a cash.
other property received, or for services
rendered. The said capital stock shall be
divided and composed N follows: = shares
az Sccunulafive preferred stock OF par
value Of $4,000 per share carrying with
it accunrlative dividend Of 9 per cent
per annum and % shares Of common stCe.
6 Per value e eesS Per .h. iia have the
priviIe9e Of redeeming whatever preferred
sfock e cold, and outstanding ct the END
Of three years from time Of organization !;
by paying to the preferred stock holders
e bonus G % per cent In addition 70 Al
dividends that 10 due or accruing thereto
e tss tsIs q rsds@Pt, tse coruer,te DOW.
s s5s = %as ~ 4 its bsfIness. shan be
vesfed md exercised By board Of direc-
tors, composed Of z stoekholderA and OF
whs9 snall scsssitnts Ssfssn, SSs ou nn.
nuaIlx 81 ballot b. tie stoekholders At
!.s s1ics e sc esspss,tios - tie te TSs
SrS sisctisn q tais pjees IN Jsalsry 1923;
Untii u elsetion Il Aeld q TIE third
sfseSS $16sSs skei .eene(ifSte 0e board q
1lro(fors q tbs eerporation. Wis. George
d. Booth, president and treasureR; Arm
etrsaQ- pena1deon vice-pyegident; George
d. Doo<h, eecrltafy. HoeA eeockhoider
han be sntitled in person. OF q p rSxyL;
| b.. him, ana such election shall - held by
tkyeo counis1to1ere q election oagcinted
u the AeoF6 - z1heetess Ter hid pur,.
poses The directors thus elected shall
eontinpe n e6ice fer enc pear. or until
/ their succeaoels eze elected. - appointed
ARTICLE vllTAis act q Incorporates
| nay be changed, nodded o. altered, and
saiA corporation nay - dissofveo w'tl