The herald. [volume] (New Orleans, La.) 1905-1953, 1922-03-30


PANY, INC.
United States of America. State of Louis
lana. Parish of Orleans, City of New Or
| leans. BE it known. that on this first day
| of February, in the year of our Lord
one thousand, nine hundred and twenty
| two, before me. Clarence de Lucas, a no
tary public. in and for the Parish OF
Orleans, State of Louisiana, duly com.
missioned, qualified and sworn, personal
ly came and appeared the parties whose
names are hereunto subscribed and who
| declared that avaling themselves of tn,
| laws of this State and particularly Act
No. 267 of 1914, relative to the OrganiZa
ton of corporations for any lawful bust
ness purpose or purposes, they have cove
nanted and agreed, and do by these pres
| ents covenant and agree and bind them
| selves, as well as such other persons as
| may hereafter become associated with
them. to form themselves into a body
polite in law for the objects and pur-
poses and under articles. terms and con
| sideratiOns following, tO-wit:
| ARTICLE THE name and title of this
corporation shall be -. Il. Vanden Com.
pany, Inc, and under its corporate name
| il shall have power and authority to have
and enjoy succession for the term of nine
! ty nine (99) years from the date hereof
| To contract, sue and be sued, to make and
| use a corporate seal. and the same to
| break and alter at pleasure. to hold, re-
ceive. lease and purchase under its cor
! porate name, property both real, per-
| sonal and mixed, and the same to sell,
| mortgage, pledge, hypthecate, lease or
| otherwise dispose of, to lend any portion
! of its capital stock or income from other
sources or mortgage or other security, TO
| contract, make and indorse bills of ex-
| change and prOmissOry notes, TO issue
| bonds. to name and appoint such officers
| and agents as the interest of said corpora
| ton may require, to make all necessary
| bylaws for the proper management of its
| affairs, to acquire stock and bonds of
other corporations, to increase or di-
| minish its capital stock and generally 10
do and perform in this state or any other
| state all such things and exercise such
| rights and powers permitted by law TO
| corporations.
| ARTICLE 1.-THE objects and purposes
| for which this corporation is organized
and the nature of the business to be car
ried on by it are hereby declared to be:
To conduct and carry on as Manufac-
turers Agents or brokers the business
| of buying, selling, importing, manu-
featuring, and dealing in and with all
kinds of textile fabrics, dry goods. cloth
| ing, notions, fancy goods, novelties, de
| vices, goods, wares, merchandise and
materials useful necessary In the carry
ing out the objects and purposes herein
| ARTICLE II-Tbe domicfle of this
corporation shall be in the City of New
Orleans. Parish of Orleans, State al
Louisiana, but 1t may establish offices
1
| of America. All citations or other legal
process shall be served upon the presi
| dent of said corporation or in the event
of his absence upon the secretary-treas-
| urer thereof.
| ARTICLE Iv-Tn. capital stock of this
corporation shall be five thousand dol
lars (S5,OOO.OO) to be divided into five
| hundred shares of the par value OF ten
| dollars $4,000 each, which shall be paid
for in cash or its equivalent, for property
/ 70 1ah ad
rendered. The amount to which the capt.
| tai stock of this cooperation may be in
| creased shall be the sum of one hundred
| thousand dollars.
This corporation shall be a going con
| Germ and authorized to begin business as
| soon as fifty per cent of the capital stock
! has been subscribed for and paid in to
| said corporation.
The board Of directors shall have power
to issue full paid stock for property
| transferred to said corporation or for
| labor and services rendered.
ARTICLE Vail of the corporate
powers of this corporation shall be vested
| in and exercised by a board of directors
| composed of not less than three stock
holders, who shall be elected by the stock
| holders at the annual meeting Of the cor
| poration, which shall be held on the third
| Monday Of the month Of January of each
year. A majority of the stockholders
shall constitute quorum for the trans-
action of business.
The officers of this corporation shall be
president, vice-president, and secre-
tary-treasurer, provided, however, the Sec
| reary and treasurer may be one onicer
| they shall be elected annually by the
board of directors from among their num-
Der; all directors and officers shall be
elected for a term of one year, but shall
| hold Office until their successors are
| elected aud qualified.
| Any vacancy in the board Of directors
or officers from whatever cause shall be
| filled from among the stockholders by the
| remaining members of the board.
The board of directors shall have power
| without reference to the shareholders of
the company; to buy. sell, lease, mort
gage, hypothecate, borrow, issue bonds,
| notes. and pledges of all kinds whether
movables or immovables and generally TO
exercise all powers conferred on this
board Of directors by these articles of
Incorporation.
| All elections shall be by ballot, each
| share shall be entitled to one vote and the
| majority of the votes cast shall elect.
| At all meetings each stakeholder shall
be entitled to one vote either In person
or by written proxy for each share OF
stock standing in his name on the books
of the corporation; provided that no stock
| shall be voted at any meeting which has
been transferred upon the books within
thirty days prior to the said meeting.
| ARTICLE VINO stakeholder shall ever
be held liable for the contracts, faults or
debts Of this corporation, nor shall any
mere informality in its organization have
| the effect of rendering this charter void
| or of exposing a stakeholder to any LA
bility beyond the unpaid balance due on
the shares owned by him.
| ARTICLE vII-The first board Of di.
rectors shall consist of l.. c. Farrell
president. whose post Office address is
3031 Coliseum street, New Orleans, La,
| p. G. Doerr, secretary treasurer, whose
| post office address is New Orleans, La.
and Mrs. NJ. Il. Vanden, vice-president
whose post Office address is 1896 Verna
street. New Orleans. Louisiana.
| ARTICLE VIII-This act of incorpora-
ton may be changed, modified, altered or
amended or this corporation may be dis
| solved with the assent Of stockholders
| owning three-fourths of the stock of the
| corporation present or represented at a
| general meeting concurred for that pu-
pose and after at least ten days written
notice has been given through mail Ia
each stakeholder at his last known place
Of residence. In case of dissolution by
the expiration Of this charter or other
wise the stockholders shall elect three
/ liquidators from among their number ia
settle the business and affairs OF the
| corporation.
| In case Of death or disability Of any one
Of said commissioners or liquidators the
| survivors shall elect or appoint a success
sor to him and IL they fail to agree on his
I appointment then they shall wind up the
affairs of said corporation.
Thus done and passed at my office ir
| the presence of H. NJ. Ansley and L. NJ
| Dalgarn, competent witnesses who have