The weekly Iberian. (New Iberia, La.) 1894-1946, 1922-07-08
CHARTER
CHARTER
Cahn's Clothing Company, Inc.
STATE OF LOUISIANA,
PARISH OF IBERIA,
TOWN OF JEANERETTE.

TOWN OF JEANERETTE.
Be it known that on this 9Th day
of the month of June, 1922, before
me, A. B. McGowen, a Notary Pub
lie, duly commissioned and qualified
in and for the Parish of Iberia,
State of Louisiana, end in the pre-
sence of the witnesses hereinafter
named and undersigned, personally
came and appeared, w. L. Colvin,
Berthold Calm and Pascal Macaione,
all residents of the Parish of Iberia,
State of Louisiana, the postotfice adj
dress of the above named incorpOra-
tors being Jeanerette, Louisiana, and
all being of the full age of majority,
who severally declare that, availlng
themselves Of the Laws Of the State
Of Louisiana relative to the organl-
zing of corporations of limited la
biity, and particularly the provisions
of Act No. 267 of the General ASS
emily of the State of Louisiana of
1914, they have covenanted and do
hereby covenant, contract, bind ana
obligate themselves and all such per-
sons as may hereafter become asso-
ciated with them herein, to organize,
form and constitute a corporation or
body polite in law, under the style
and title, for the objects and pur-
poses and under the conditions and
stipulations following, to-wit:
ARTICLE /.
The name and title of this corpor-
alton shall be the GAINS CLOTH
ING COMPANY, INCORPORATED,
and under it's said corporate name
it shall have power and authority to
exist and have succession for a per-
iod of ninety-nine 800 years from
the date Of this Act of lncorpora-
ton, and under it's said name it shall
have the power to contract, to sue,
and be sued, to obtain AM use cor
porate seal, and the same to alter
and break at pleasure; to hold, sell,
purchase, lease and convey under its
corporate name, property either real
or personal, corporeal or incorporeal;
to elect and appoint such officers, d.
rectors, agents, bookkeepers, clerks,
and other representatives and en-
ployees as said corporation may re-
uuire; to fix the salaries thereof, and
to make and establish such bylaws,
rules and regulations as may be dee
med expedient for the proper con-
duct and management of the affairs
Of said corporation, and the same to
change, alter or amend at pleasure.
ARTICLE 2.
The domicile of said corporation
shall be in the Town of Jeanerette,
Parish of Iberia, State of Louisiana,
and all citations and all legal pro-
cess shall be served upon the Presi-
dent and in his absence upon the
Secretary-T Treasurer Of this Corpor-
alton.
ARTICLE 8.
The objects and purposes for which
this corporation is organized and the
nature of the business to be carried
on by it is declared to be:
To carry on, operate and conduct
a general merchandise business in
the Town of Jeanerctte, Parish of lb-
eria, Louisiana. And to carry out the
purposes hereof, it shall have power
to receive security by way OF mort
gage or pledge, ct cetera, and to
borrow money and issue notes and to
secure the same by mortgage, pledge
or otherwise.
ARTICLE A.
The Capital Stock of this corpora
ton is hereby fixed at Ten Thousand
$40, OOO.OO) Dollars, divided into one
hundred (lOO) shares of One Hun
dred ($100) Dollars each. All stock
issued to be paid for in cash or its
equivalent in property or labor done
when stock is issued.
This corporation shall be authoriz-
ed to begin business as soon as
majority of the shares of stock shall
have been subscribed for and sold.
ARTICLE S.
All the corporate powers of this
corporation shall be vested in and
exercised by a Board of Directors,
composed of three stockholders, two
of whom shall constitute a quorum
for the transaction of business, the
said Board shall be elected each year
at an election held for that purpose
on the first Thursday of January of
each year, Of which said election fiji
teen days notice shall be given prior
thereto by written notices sent by
mail to each of the stockholders, at
least fifteen days prior to said cleo
ton. Each stakeholder shall be emit
tied to as many votes as he shall
have shares of stock, which may be
cast in person or by proxy, and a
majority Of all votes cast shall elect
and in case Of tie vote in any of
said elections, or in any other bust
ness matter or controversy arising |
at any meeting or meetings of the
or of the Board of Di-
rectors, the deciding vote shall be
cast by the President. A failure to
elect directors on the date above spe-
Gifted shall not have the effect Of dis
solving this corporation but the in
.umbent directors or officers shall, in
such event, hold office until their
successors shall be elected and quail
fed until a meeting held after notice
July given as above prescribed. Any
yacancies occurring in the Board of
Directors shall be filled from the
by the remaining Board
If Directors.
ARTICLE 6.
The officers of this corporation
'hall consist of a President, Vice
President, and Treasurer.
The office of Secretary and Treasur
n may be held by one and the same
person, as decided upon by the Board
# Directors. The said officers shall
,e elected by the Board of Directors
1t the same time that the Board of
Directors are elected, and the Off
ers thus elected shall have the pow
r to employ such clerks, bookkeep-
RS, agents and employees as are
necessary for the business of said