The herald. [volume] (New Orleans, La.) 1905-1953, 1922-10-19
CHARTER OF ALBA & ALBA. INC.

United States OF America, State of
Louisiana. Parish of Dreams, City of New
Orleans Re ii known, That on this 1st
day of the month of September in the
hundred and twenty-five. and of the In
dependence of the United States of
America, the one hundred and forty
seventh, before me. William j. Guste
notary public duly commissioned and
qualified in and for the Parish of Orleans.
State of Louisiana, therein residing and
in the presence of the witnesses whose
names are hereunto subscribed, personal
ly came and appeared the several persons
whose names are hereuntO subscribed, all
of full age. who severally declared to me,
notary. that availing themselves of the
laws of this state relative to the organi-
ZatiOn of corporations, they have cove
nanted and agreed and by these presents
do covenant and agree and bind them
selves as well as all such other persons
who may hereafter become associated with
them to form a corporation for the OBJ
jects and purposes and under the articles
and stipulations following, which they
hereby adopt as their charter, to-wit:
ARTICLE THE name of this corpo-
ration shall be Alba K Alba, Inc, and
under its corporate name Ii shall have
power and authority to have and enjoy
corporate existence for period of ninety
nine years from date hereof unless sooner
dissolved by liquidation or otherwise.
1t shall have power to contract. to sue and
be sued, TO make and use a corporate seal
and to alter and break the same at pleas
ure; TO purchase, receive, lease, hold or
otherwise acquire and convey as well as
mortgage and hypOthecate under Its cor
pOrate name, property, real, personal and
mixed, corporal and incorporeal; to Dor
row money and make and issue bonds and
other evidences of Indebtedness, and II
desired. to secure the same by mortgage
and otherwise: to buy and hold stock in
other companies incident to the objects
and purposes or the expansion OF the
business interest of the corporation; TO
name. elect and appoint such managers,
agents. directors and officers as the in
terest and convenience of said corpora
tion may require, and to make and es-
tablish as well as alter and amend at
pleasure such bylaws. rules and regula-
lions for it's proper government as may
be deemed necessary and proper, ana
generally to do any and all things Incl
dent to or necessary and proper FOR the
interest of the business of the corpora
ton.
ARTICLE 1.-THE domicile of this cor
poration shall be in the City of New Or
clans in the State of Louisiana and all
citations and other legal process shall be
served upon the president of the corpora
ton. and in the event Of his absence,
upon the secretary treasurer.
ARTICLE III-The objects and pur-
poses for which this corporation is es-
tablished and the nature of the business
to be carried on by Ii, are declared TO
be as follows:
TO carry on the business of manufac-
turers agents and merchandise brokers;
to buy sell and generally deal in goods
and merchandise of any nature whatso-
ever, whether as brokers, agents. or on
its own account; to conduct and carry
on such other business as may be found
necessary or convenient for properly ef-
fecting the aforesaid purposes or enhanc-
ing the value of the properties. rights
and privileges of this corporation.
ARTICLE Iv-The capital stock Of
this corporation is hereby fixed at the
sum of Ten Thousand Dollars SlO.--
represented by one hundred shares of
the par value of One Hundred Dollars
S1OO.OO) each.
The said stock shall be paid for in cash
or it's equivalent as provided by law
and in such manner and at such times
and in such installments as may be pres
scribed by the Board of Directors.
This corporation shall become a going
concern and shall be authorized to com
mence business when Five Thousand Dol
lars (s5OOO.00) has in fact been sub
scribed and paid for in cash or its equiv
alent as provided by law.
ARTICLE y-The capital stock Of this
corporation may be increased to the sum
Of Fifty Thousand Dollars ($50,0O0.o0D by
two-third vote Of all the stock at
special meeting called for that purpose
or at a regular annual meeting Of the
corporation.
ARTICLE vI-All certificates Of stock
issued by the Company shall be signed
by the President and countersigned by the
vice-President or II authorized by reso-
luton Of Board Of Directors. shall be
signed by the President and csunter-
signed by the Secretary.
The stock Of this corporation can be
transferred only on the books OF the
corporation and subject to such regula-
lions and formalities as may be by the
Board Of Directors from time to time
prescribed.
No stakeholder shall be permitted to
sell or otherwise dispose Of his stock
without first offering the same in writ