The herald., 1922-01-19


| United States of America. state of Lou
isiaua. Parish of Orleans, city OF New
Orleans, lie il known. that on this lytl
day of the month of December, IN lh'
year of our Lord, one Thousand, Nine
| Hundred and Twenty one, before me
Harry Emmett McEncrny, Notary fub
lie, duly commissioned and qualified, IL
and for this city and the Parish OF or
leans, therein residing, and III the pres
cnce of the witnesses hereinafter named
and undersigned, personally came ana ap
pcarcd the several persons whose names
are hpreunto subscribed, who declared "a
me, notary, In the presence of the under
signed witnesses, that, awaiting them
selves of the provisions of the laws oil
the State of Louisiana, aud particularly
of the provisions of Act pa OF 1914, they
have mutually agreed and contracted, and
by these presents do agree ana contract
and bind and UbliEate themselves, Their
heirs and assigns, and all persons who
a.! may hereafter become associated with
| them herein to form "A corporation under
the name and for the objects and pur-
! poses, and under the terms, stlpulatluns
and provisions contained III the following
| articles, tO-wit:
| ARTICLE THE name of the COrpOr-
alton shall be Gold Seal Hosiery Com
pany, Inc.
ARTICLE 1.-THE purposes for which
the corporation is formed are hereby de-
clared to be as follows:
| First-To buy, purchase acquire, re
ceiye, receive in exchange. and sell, give
away, exchange, and to trade in men :,
women's and children's hosiery and kin
dred lines of merchandise; either retail
| or wholesale.
| SecOnd-To acquire by purchase, sub
| scription or otherwise, and to hold, sell.
| assign, transfer, exchange, mortgage,
pledge or otherwise dispose of any shares
of the capital stock, bonds or other evi-
| dences of Indebtedness of any other cor
| pOratiOn, or corporations, association or
| associations. domestic or foreign, engaged
| in any business in which this corporation
| may be authorized to engage, or the OWL
| ership of whose securities would be ad-
| yantageOus or convenient i'll the protec-
/ ton or promotion of any of the purposes
or interests of this corporation, but only
| to the extent authorized by the laws OF
| the State of Louisiana.
| Third-TO sue and OI sued, to contract.
| SELL purchase, lease. mortgage, pledge
| real and personal property, and to carry
| out all or any part of the foregoing OBJ
! jcctS as principal, factor, agent, contrac-
| tor or otherwise, either alone or in CON
| junction with any person, firm, associa-
| ton or corporation, and in any part OF
! the world; and in carrying on its bust
ness and for the purpose of attaining
or furthering any of its objects, to make
and perform such contracts of any kind
and description; to do such acts and
things, and to exercise any and all pow
| ers as a natural person would lawfully
make. perform, do or exercise, either
directly connected with the purpose of
its organization or incidental thereto.
provided the same be not inconsistent
with the laws under which this corpora
ton is organized, or which may be here
after enacted.
ARTICLE III-Tne capital stock of
this corporation is hereby fixed at the
sum of Ten Thousand Dollars $4,000 100,
to be represented by One Hundred 600
shares of the par value of One Hundred
Dollars (SlOOOOl each. All the stock shall
be common stock. Stock shall be issued
either in cash or the equivalent thereof,
and shall be paid for at such times and
in such manner as the Board of Direc-
tors may direct
ARTICLE IV-The capital stock of this
corporation may be increased in accord
ance with law to the sum of Twenty
Thousand Dollars ($20OO0.00). Each
stakeholder shall, at every stockholders
meeting, be entitled to one vote. in person
or by written proxy. for each share of
may send his vote by letter, the sig
nature of which must be acknowledged
before a Notary Public or other officer
authorized to take affidavits.
No stakeholder shall sell his stock to
anyone without first offering it to the
board which is given the right to pur
chase it at the value thereof shown
on the books at the end of any fiscal
year of the corporation preceding the
date of its offer. The board shall within
ten days after the offer in writing is
submitted to it, act upon the offer. 1t
may buy stock for the corporation, or ii
may allOt it to the stockholders in the
proportion of their then holdings.
ARTICLE N-The location of the dom
icile of this corporation shall be the City
of New Orleans, State of Louisiana. Cita-
ton of all legal process and other legal
notices shall be served upon the presi-
dent, and in the absence of the president,
on the vice-president.
ARTICLE VI-The period of duration
! of this corporation shall be ninety nine
! (99) years.
ARTICLE YII-All the corporate power
! of the corporation shall be vested in a
Board of Directors to consist of at least
| three (3) and not more than five 90 MEM
| bers, to be elected annually at meeting
| Of the stockholders held on the first
| Monday in December. But if the first
Monday should fall on holiday, then
| on the next following business day
Three or more members of the Board of
| Directors shall constitute quorum, and
| shall be authorized TO transact business.
| The Board of Directors shall have the
| right and the power, as 1t sees fit in its
| discretion, to increase the number of
| directors at a meeting of the stockhold-
| ers regularly and lawfully called for that
| purpose. Failure to elect shall not work
| a dissolution of the corporation but the
| cAisilHS Sndl continue IN ONCE
with full power until their successors arc
| elected.
| The names ana postofice addresses of
the directors for the first year. who shall
| serve from January l, 1922, to January
| l, 1923, are as follows:
| a. III. RabenowitZ, 2605 Milan Street.
| New Orleans, La.
+. Il. Ferguson, 100 n. Miro Street. New
! Orleans, La.
oI +: H; Ferguson Fergus 100 n Miro Street, New
| ARTICLE VlII-The .imes and post
| office addresses of the subscribers to
these articles of Incorporation, and a
statement Of the number of shares of
stock to which each has subscribed, are
as follows:
| \. II. Rabenowitz. 26O5 Milan Street.
New Orleans, La, forty-five (45) shares.
Il. b. Ferguson, I'D n. Miro Street, New
| Orleans, La, twenty five. (25) shares
Z. II. Ferguson, 120 n. Miro Street, New
| orleans, La, one "a share.
| Thus done and passed in my Office in
| the City of New Orleans, State of Lou
isiana, on the day and date hereinabove
written. and in the presence of Messrs.
| Harry Gamble and Will Gibbons McEner-
| ny, competent witnesses, who have signed
| these presents with the said appearers
and me, notary, after due reading of the
\ whole
| ORIGINALLY SIGNED:
A. ii. RABENOWITZ
| f. Il. FERGUSON,
7. H. FERGUSON