The herald. [volume] (New Orleans, La.) 1905-1953, 1922-12-21
CHARTER OF LACOSTE FUR COM


; PANH, INC.
Louisiana, Parish of Orleans. City of New
Orleans. BE It known, that on this 2Sth
day of the month Of November, in the
derd and twenty two, and of. the indie
| pendence 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 Louis
| lana. therein residing, and in the presence
of the witnesses whose names are hereunto
| subscribed. personally came and appeared
the several parties whose names are
| hereuntO subscribed. who severally de
clared that, availing themselves of the
| laws of the State of Louisiana, in such
cases made and provided. and more par
| ticularly of Act 261 of the General As
| sembly of the State of Louisiana of 1914:
relating to the creation, organization and
| formation of corporations, they have cove
nanted and agreed. and by these presents
| do hereby covenant. agree and bind them
7 selves. as well as all other persons
as may hereafter become associated with
them. to form a corporation for the OBJ
jects and purposes under the articles and
| stipulations following. which they hereby
ADOPT as their charter. to-wit:
| ARTICLE 1.-The name and title of this
corporation shall be Lacoste Fur Com
pany, Inc. and under its corporate name
il shall have power and authority to
have and enjoy corporate existence for
| period of ninety-nine years from date
hereof, unless sooner dissolved by Hqui-
dati0n 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 pleasure: to hold. re-
ceive, lease. purchase. transfer, assign.
mortgage hypotbecate. pledge or other
wise dispose Of property, real, personal or
mixed corporal and inc0rporeal; to issue
bonds. and, IL desired. to secure same by
mortgage; to hold stocks in other COM
panies: to make End elect officers and
directors: to make, and establish. alter
and amend BYLAWS, rules and regulations
for its proper government as may be
deemed necessary and proper for the ex-
tension of the business in which the cor
poration is engaged.
ARTICLE 1.-THE domicile Of this cor
poration shall be in the City of New Or
leans, Louisiana: and service Of process
shall be made upon the president. or, in
his absence. unon the secretary treasurer.
. ARTICLE III-The objects and pur-
poses for which this corporation Is or
ganized and created and the nature of
the business to be carried on by it, are
declared to be as follows:
To enrage in and conduct a general
|, merchandise business. particularly of buy
ing. selling and dealing in raw and manu-
E featured furs. hides and skins: the pur-
= chase and sale of said articles on com
mission and otherwise. the purchase and
|, sale of agricultural products on commits,
g sion or otherwise. and the general
carrying on Of a produce business: and to
do and perform all things appertainine
to or incidental to the CARRYING ont and
! proper execution of the objects and pur
e poses hereinahove mentioned.
Ell ARTICLE IV-The caDital stock of this
1 corporation is hereby fixed at the sum NJ
{ one hundred Thousand dollars ($1OO.OOOl
5 and shall be divided into and represented
nv one thousand shares Of one hundred
Said stock shall be paid for in cash Of
= its equivalent.
This corporation shall become a coins
( concern and shall be authorized to com
q mence business as soon as all Of its Cant
e t"I stock shall have bean subscribed anf
r fifty per cent Of all stock subscribed shall
e In fact have been paid for. either In casl
n or in its equivalent
ARTICLE V-The capital stock Of thi
q corporation NAV he increased to the sun
: 81 two hundred thousand dollars 5000.
e mo- ooh. nv a vote Of two-thirds Of IL
e caDital stock at special meeting calle'
: for that purpose. or ut a regular annua
e meetiro of the cornoration.
E, ARTICLE VI-All certificates Of stool
J. ssuad nv this corporation shall he sigre'
IT by the president and countersigned by tn
OBSERVATION-DISCLOSURES.
The stock Of this cornoration can b
> transferred only on the books OF the cor
p noration. and subject to such regulation
Is and formalities as may be by the boar.
m of directors from time to time prescribed
,e No stockholder shall he nermitted tn sci
mr. otherwise dispose Of his stock withon
r 6-st offering the same in writing to tn
J. other stockholders. through the hoard a
Is directors. ut n price not exceeding tn
% hook valve thereof: and said stockhnlder
h in promotion to their holdings. shall hav
d on ontion and first right To purchase. n
At .he hook vaine ~ snch stock. on necem
l. her 3Ist. last preceding. all the shares q
m stock tn be thus disnosed of nv sale n
X otherwise Of anv If the stockholders. an
IF sold hoard o. directors shall have a nerio
,f of ten days in which to accent or declin
l. said Offer. Should the stockholders declin
se to purchase said stock. then such stock
T. holder is at libertv 70 sell or dfsDose q
E. the stock and NAV do so IN anv name
Id ard NJ arv price be NAV doom st.
l. Each sha-a ~ stock 'ssred herei
10 iupon the condition and understanding the
r no stockhoIder sha1l sell or otherwis
transfer his stock In violation hereof. an
Is snv such sale or transfer " MADE sha
u no voi! and this CORPORATION shall he mr.
sr der no obligation to list ssid stock on "
X hooks o- to regard the holder Of the Ger
r ttersto thereof
i'd ApTvCTE vVT-The rn-norafn mower
Dr. ~ this co-noraffon shall he vested In on
es exercised nv q bosrd of not Iess TIM" ~
De lSirectnvs three 81 whom shall cnnst'tui
es a ouorum for the transaction ~ husines
ar THO aret hos-d ~ DIRECTORS ~ THE col
III poration shall he comrosed o. the for""
Mt too. N v.aros*" Henrv v. Timofh'
4 Spsan p. I~wless. FmiIe ]. T.scoste. wa"
be Elliott with the following cMicers