The herald. [volume] (New Orleans, La.) 1905-1953, 1922-07-20
ARTICLES OF INCORPORATION OF
BURNSTEIN-GETZ INC.


State of Louisiana, Parish of Orleans
| City of New Orleans. Be it known that
| on this 1st day of the month of June.
IN the year one thousand nine hundred
nard Titche. Notary Public in and for
the parish of Orleans. state of Louisiana.
duly commissioned and qualified. and in
the presence of the witnesses hereinafter
nalned ana Undersigned personally came
ana appeared the several persons whose
names are hereunto subscribed. oil above
me tuli age OF majority, who severally
declared that, availing themselves of the
laws or the state of Louisiana, particu-
larry Act 267 of 1914 relative to the
organization of corporations. they do by
these presents agree and bind them selves
as Wei as such other persons as may
hereafter become associated with them
TO form and constitute a corporation for
the objects and purposes and under the
articles and stipulations foIIowing 70
wit:
ARTICLE i. The name. style and title
OF this corporation shall be Burnstein-
Getz, Incorporated. and under that name
it shall have and enjoy all the rights,
advantages and privileges granted by
the full term and period Of ninety-nine
years from this date 1t shall have power
TO contract, sue and be sued: to make
ana use a corporate seal, and the same
10 after and break at pleasure; to hold,
receive, lease, purchase, sell and convey
as wei as mortgage, hypOthecate and
pledge property, real, personal and mixed
eorporeal ana incorporeal; to name and
appoint such managers, directors. officers,
agents and other employees as its in
terests and convenience may require and
TO make and establish as well as alter
and amend, from time to time such nv
laws, rules and regulations as NAV be
necessary and expedient for the proper
management and government of the ar
fairs of said corporation.
ARTICLE ii. The domicile of this cor
n0rHtl0n hnr ahx-
New orleans, state of Louisiana, and ali
citations or other legal process shall he
served upon the President Of this corpor-
atlon or, In his absence, upon its Secre-
ARTICLE III. The objects and pur.
poses for which this corporation is estab
ilshed and the nature of the business to
De carried on by it are hereby declared
20 20 S %, 70 conduct business in the city
merchandise, consisting especially of
womens furnishings Of all kinds, and to
merchandise as is ordinarily dealt i'm hv
urygoods and department stores.
ARTICLE Nv. The capital stock of this
corporation is hereby fixed at the sum
t ., FL fifty Thousand Dollars (s5O,OOO0OJ,
Five Hundred (5OO) shares. in the sn my
OF one Hundred Dollars (s1OOOO) each.
SAID stock shall be paid for in cash ar
suSn time and after such notice to the
suoscriDers as the Board of Directors
may fix, or the same may be issued ar
not less than par for labor done or ser
vices rendered said corporation or pron-
eoy or rights actually received by said
corporation. This corporation shall he
and become going concern and shall
De authorized to commence business
when and as soon as Twenty five Thou.
ssno, DoIiars tS25,OOO.OO) of the capital
al IN accordance with the requirements
OF ACT No. 267 of the General Assemble
or the. state Of Louisiana for 1914. and
the amendments thereto.
ARTICLE V. All the corporate nows-s
or this company shall be vested in, and
tne management and control of its affairs
s snah pe exercised by, Board of Diree- |
roas composed or four stockholders. A |
a quorum for the transaction Of ali bust |
ness The directors shall be elected an
nuaiiy, by ballot, by the stockhoIders
on on tne hrst Tuesday after the first Mon
gay in each year. Each stakeholder shall
De entitied, In person or by proxy, to
vote for every share owned by him
ana all elections shall be held under
determined by the Board Of DiraStor ue
after fifteen Q5) days notice by mali
OF sucn election shall have been sent to
saca stockholder at his last known ad- |
The directors thus elected shall continue
In ofhce for one year. or until their suc
cessors shall have been duly elected and
quanhed. No failure to elect shall he
regarded as a forfeiture of this charter
ANY vacancy occurring on said board |
shall be filled by the remaining directors
for the unexpired term; the said board
snail likewise elect the additional mem
hers In case they should determine 70
Increase the number on the said board.
said boarC shall have the right to CON
'olidate or segregate any two of said
'fhces into one. and to appoint a Sec
'etary, who need not be either a director
'r stakeholder. as also the right to an
Joint and dismiss such clerks, managers
md other employees of the corporation