The herald. [volume] (New Orleans, La.) 1905-1953, 1922-09-14
CHARTER
CHARTER OF THE EMPORIUM, INC.

CHARTER
CHARTER OF THE EMPORIUM, INC.
United States or America, State of
Louisiana. Parish of Orleans. City of
New Orleans, Be IL known. that on this
9Th day of the month of August, in the
year of our Lord one thousand nine
hundred and twenty-five. and of the
Independence of the United States of
America the one hundred and forty
sixth, before me. Sol. Weiss, a notary
public. duly commissioned and quail
fled in and for the Parish aforesaid.
therein residing, and in the presence of
the witnesses hereinafter named and
undersigned, personally came and ap-
peared, the several persons whose
names are hereunto subscribed. who de-
clared that they are of full age of ma
Jority, and availing themselves of the
laws of the State of Louisiana, relative
to organization of corporations. in such
cases made and provided, they consti-
tute themselves, their associates. sue
cessors, and assigns. corporation un-
der the stipulations herein set forth,
which they adopt as their charter, to-
wit:
ARTICLE I-Name-The name of
this corporation shall be: THE En-
porium. Inc"
ARTICLE II-Purposes-The objects
and purposes of this corporation. and
the business to be conducted by il, are
hereby declared to be: The operation
IL
ing, handling, marketing, selling and
dealing in womens. misses and child
ren's wearing apparel especially ready
to-wear, piece goods, and all such ar
ucles and goods as may be incidental to
or appurtenant to or connected with,
the same.
ARTICLE III-Capital Stock-The
capital stock of this corporation shall
be twenty thousand dollars (s2O.O OO)
which may be increased to one hundred
thousand dollars (s1O0.OO0.O); which
capital stock shall be common only and
shall be divided into an equivalent
number Of shares of a par value of one
hundred dollars (s10000) per share. All
stock issued shall be full paid. non-as-
sessable, and issued for not less than
par. Fractional shares may be issued
ARTICLE Iv-Subscriptions- The
names of the incorporators of the cor
poration and the amount of stock SUBJ
scribed for by each appear subscribed
hereunto, so that this charter shall con-
stitute the initial list of subscribers to
the stock of this corporation. 1t is
further declared that all such subscri-
bers have at the time of the signing of
the presents paid not less one-half (h)
of the amount due for such subscrip-
ton, so that not less than one-half (T)
of the capital stock of the corporation
has been subscribed for and paid for.
ARTICLE V-Domicile This cor
poration shall have its domicile in
New Orleans, Parish of Orleans. Louis
lana.
ARTICLE VI-Duration-This cor
poration-shall exist, have duration, and
enjoy succession for a period of ninety
nine (99) years from date hereof.
ARTICLE VII-Directors-This cor
poration shall have not less than three
CD nor more than seven Cd directors.
who shall be each the holder Of not
less than one ID paid-up share of CAPT
tai stock; which directors shall consti-
tute the board of directors, and in
which board all corporate powers shall
be vested and by which the same shall
be exercised. except those especially
reserved to the stockholders by law or
by this act of Incorporation. Directors
in addition to the the three CD named
herein shall be selected from time to
time, in the discretion of the then eX-
listing board by not less than a two
thirds (2/3) vote thereof. Vacancies
on the board shall be filled by a vote
of majority of the stockholders at
any annual. or a special meeting of
stockholders called for the purpose: all
vacancies must be filled within sixty
900 days after their occurrence, and
the president is obligated to call such
meeting for said purpose, unless the
next regular annual meeting of stock
holders will. as provided herein or by
amendment hereof be held within ninety
900 days from the date of such va
cancy. If the president fails or refuses
to call such meeting, the vice-presdent
shall do so, and upon his failure so to
do, the secretary-treasurer shall do So
such meeting may be called upon petit
ton OF and by not less than twenty
five per cent (259o) of the outstanding
stock. All directors and officers shall
serve Tor one year or until their success
cessors are duly elected and qualified
The directors shall elect by ma
Jority vote from among their number
WITHIN thirty (3o) days after their cleo
ton, president a vice-president and
secretary-treasurer. The latter office
may be divided into two (2) separate
offices and given to two (2) distinct di-
rectors, by vote of two-thrds q I3)
OF the directors, provided the number
or directors at such time equals or ex-
ceeds five go.
The following directors and Officers
are designated hereby. TO serve until
the regular annual meeting of stock
holders. which will be held on the second
Monday in January of every year, be-
ginning in January, 1924. or until their
successors are elected and qualified:
David NJ. Davis, New Orleans Louis
lana, president; Sol Weiss. New Or
Teams, Louisiana, vice-president: Wal
ter Davis. New Orleans. Louisiana, Sec
ARTICLE VIII-Powers and Duties
of Officers-The officers of this cor
poration shall perform the functions
customarily exercised by persons oc-
cupying the respective offices desig-
mated
The president. and in his absence. the
vice-president or secretary-treasurer,
shall have authority to appear in any
court in behalf of this corporation, to
institute all ordinary legal proceedings,
and to obtain the issuance of any Judi.
cial writs or remedies. not involving
the discontinuance or suspension of the
business of the corporation, its exist
ence. or the form and nature of its
operation.
The powers and authority hereby con-
ferred are not exclusive, but merely H.
Illustrative and precautionary; they may
be further specified. enlarged or re-
tricted by such bylaws as the board of
directors may adopt by a two-thirds
e /3) vote.
ARTICLE ILLEGAL Process-Cita-
ton and other legal process shall be
served upon the president, and in his