The herald., 1922-11-02
CHARTER

CHARTER
of New Orleans, State of Louisiana
and all citations or other legal process
shall be served upon the President OF
this corporation, or, in his absence,
upon its Secretary-TreaSurer.
ARTICLE III-The objects and pur-
poses for which this corporation is
formed and the nature of the business
to be carried on and conducted by ii
are hereby declared to be: The opera
ton of retail store or stores for the
buying and selling for its own account
or as agent or broker, dry goods no.
tons and merchandise of every char
\ dcter and descriptions; TO buy, sell.
market and deal in ready-made clothes.
/ underwear and wearing apparel OF
! every kind, for men, women and Chll-
| dren; to buy and sell piece goods,
shoes, school supplies. stationery and
novelties. and generally all mcrchan-
J disc, goods ana articles usually sold
and handed in a general merchandiS-
| ing store. and generally To transact
| any business and To do anything Incl
! dental To or connected with the carry
| ing out of said purposes.
! ARTICLE lN.-The capital stock of
| this corporation shall be five thousand
| dollars tS5,OOO.OO), divided into and
| represented by fifty 600 shares of the
/ tSlOO.0OD each, to be paid for in cash
| winch capital stock may be increased
! To twenty-five thousand dollars $50
| 100000, which stock shall be paid for
| IN cash or III property or its equiva-
! tent, or, II not in cash, then the Board
! OF Directors of this corporation shall
| determine the value of such equivalent
| Offered.
! ARTICLE N.-All the corporate
/ powers OF this company shall be vested
! IN ana the management and control OF
us affairs shall be exercised by "A
I""I TI OF directors composed of three
st"tkhoIders; a majority of said di-
! rtctorS snail constitute a quorum for
| the transaction of all business The
| directors shall be elected annually nv
| the Stockholders on the third Tuesday of
January IN each year. Each stakeholder
! snail he entitled. in person or by
! proxy, TO vote for every share owned
ny hlm' and all elections shall he held
HHuci SuCh rules and regulations as
may be determined by the Board OF
directors after fifteen days notice. ~
mai OF such election Shall hay. be, :.
sent 10 each stakeholder at his last
! SHOWN address. All voting shall he Ly
pdIIot Inc directors thus elected shall
continue In office for one year or mn
III thelr successors shall hay. h.,
uuIE elected and qualified ANY "a,
CC1"HCy occurring on said board shall be
iLied by the remaining directors for
tue uheNplred term; the said no.. a
snail likewise elect the additin,,,i
members IN case they should ,,.tnr
mine TO increase the number of s1i
BOARD; ana all officers and EMPLOYERS
snail mold office at the pleasu of n
board, and all officers. directors amJ
employees shall hold office at the nIeas-
uTt OF the stockholders who may dis
place or elect the successors of any one
or All OF them at any time M a T1.-.,ir,
called for that purpose, bv notica dn
HNered personally to each stockhold.r
or deposited in the postoffice addressed
10 each stockholder at least five DAYS
before such meeting.
Dra.iJ.,.
Such meeting. and If the President or
Ulcers OF the corporation refuse ar
IdII 10 cal such meeting when ra
quested by the holder or holders Of tom
ina, 'e th OF the capital stock Outstand-
ing then such holder or holders az
SOCK may personally or throurb
- Jay can Such meeting to be held nj
the offlce of the corporation II for
.is reason the use of the office of the
corporation Is refused. or il cannot no
used Tor such meeting. then tba ILL
oi callers OF such meeting may actinG
eIther personally or through nrnvv
there hold it. anu
h. The dn,,. first Board of Directors shall
pe composed of julius Bodenger, whose
poStoItlce address is l57 Delaronda
street New Orleans, Louisiana. Dora
So STr' whose postoffice address is
I'Dt IdSazlne street, New Orleans.
Louisiana. and Morris Bodenger wboSe
PoSto1flce address is Sol SeEuin street
New Orleans, Louisiana with nora
bouehser as President, julius Boden-
ger as Secretary and Treasurer. and
MOTIFS Bodenger as ce-President.
ARTICLE Win case of dissolu
uoh' INCUBATION or termination of this
charter by Limitation or otherwise. the
alIalrs of the corporation shall he
hquidated by one or more ioridatorS
erected by the stockholders, who may
provide the number of said liuuidators
ana vest them with such power and
authority as may by law be permitted. |
IlN the terms and conditions unon
Whlch they shall serve and their com
pensation, and provide that, in case of |
death or disability of any one of said
IlquiuatorS the remaining liquidators |
may fill the vacancy or continue TO ACT |
on behalf Of the corporation
ARTICLE Vino stakeholder shall
be liable or responsible for any costs. |
contracts, debts or faults of the cor |
poration. or of any of it's officers. nor
shall any mere informally in organi- |
Zatlon have the effect of rendering this |
charter null and void or of exposing
any stakeholder to any liability beyond
the unpaid balance due on the stock
held by him.
ARTICLE VIII.-This charter NAV
be modified changed or altered, or said |
corporation may be dissolved with the /
assent OF stockholders owning two
thirds of the entire capital stock at a |
general meeting of the stockholders
convened for that purpose after fifteen
days written notice shall have been
given to each stakeholder. mailed to
MIN at his last known address.
ARTICLE IX.-No stakeholder shall
sell his share in this company without
having first offered the same to the
Board of Directors. And said board
shall have the right to purchase the
same for the benefit of the other
stockholders within ten days there
after at the book value as shown by
the last annual statement.
There shall be written or printed
across each certificate of stock "These /
shares shall not be transferred except |
in the manner required by the charter |
and bylaws of this Company"
ARTICLE X-The names and post
office address of the subscribers of |
these articles of incorporation and a |
statement of the number of shares of |
STOCK which each agrees to take in the |
corporation are: julius Bodenger, 157 I
Delaronde street, New Orleans, La, II |
shares: Dora Bodenger. 1881 Magazine |
street. New Orleans. La. IL shares |
Morris Bodenger, 3O1 Seguin street, |
New Orleans, La, shares.
Thus done and passed in my office. |
IN the City of New Orleans, on the day |
and in the month and year first above |
written, in the presence of Felix j. |
PUG and Jeanne Hatrel competent |
&c.,