The herald., 1922-06-15
CHARTER OF
LUMBERTON BROOM AND MOP
HANDLE FACTORY INC

United States of America. State OF
Louisiana, City Of New Orleans. BE it
known that on this tenth day of May.
in the year one thousand nine hundred
and twenty-five, before me, FELIX j.
DREIFOUS, a Notary Public, duly com
miSsiOned and sworn in for the Parish
of Orleans and City of New Orleans.
therein residing, personally appeared the
persons whose names are hereunto sub
scribed, who declared that, awaiting
themselves of the provisions of the laws
of this State relative to the organization
Of corporations, and more particularly
Act 26I of the General Assembly of this
State, approved July 0, 1914, they have
coyenanted and agreed, and do by these
presents covenant and agree, bind, form
and constitute themselves, as well as
such persons who may hereafter join
or become associated with them, into a
corporation and body polite in law for
the objects and purposes and under the
agreements and stipulations following
tO-wit:
ARTICLE I. The name and style Of
this corporation shall be LUMBERTON
BROOM AND MOP HANDLE FAC
TORY, INC, and under that name it
shall have and enjoy all the rights, adj
yantages and privileges granted by law
to corporations; ii shall exist for the
period of ninety-n nine years from this
day: it shall have power to contract, sue
and be sued in its corporate name; TO
make and use a corporate seal, and the
same to break and alter at pleasure; to
hold. receive, purchase, convey, mortgage.
hypOthecate or pledge property, both
real and personal; to issue bonds, notes
and other obligations or negotiable in
struments; to have and enjoy such man
ayers, directors, officers, agents and
other employees as the interest and con-
venience of said corporation may require
or demand; to make and establish such
bylaws, rules and regulations for the
corporate management and control of the
affairs of the corporation as may be
deemed necessary or expedient.
ARTICLE II. The domiciIe of said
City of New Orleans. State of Louisiana,
and all citations and other legal process
shall be served on the President: in his
absence. on the Vice-President, and in
the absence of both. on the Secretary.
ARTICLE III. The objects and DUR
poses for which this corporation is
formed and the nature Of the business
To be carried on by it are hereby de-
CARED to be: To buy, sell and deal in,
Mt wholesale and retail, to consign or
facture broom and mop handles and
other articles of woOdenware or of do
mestic use; and generally to engage in
and carry on any other enterprise or
dental to. or connected with, the pur-
poses hereinabOve set forth or contem-
plated by this charter.
. ARTICLE ~. The capital stock of
"
Thirty Thousand Dollars $3.50, 600 OO),
divided into Three Hundred (3O0) Shares
OF the par value Of One Hundred Dollars
$4,000 each. All shares Of stock shall
be full paid and worcestershire. No
transfer Of stock shall be binding upon
the corporation unless made upon its
books. and all certificates Of stock shall
be signed by such officers as NAV be
DESIGNATED by the Board of Directors.
This corporation shall have the right
to increase its capital stock to the fur
Their sum Of One Hundred Thousand Dol
lars ts1OOOOO.OO), to be divided also into
shares Of One Hundred Dollars $500 OO)
each. provided said increase in the can
ital stock shall have been authorized by
the stockholders at a meeting to be held
pursuant to the provisions Of Article v
of this charter.
ARTICLE v. All the corporate powers
OF this company shall be vested in. and
the management and control of it's AFFAIRS
shall be exercised by, a Board of Direc-
tors composed Of three stockholders, the
membership of which board may be in
creased to seven. A majority of said
directors shall constitute a quorum for
the transaction Of all business. The