The herald., 1922-07-06

State of Louisiana, Parish of Orleans
| City of New Orleans. Be it known that
on this LIST day OF the month of June
in the year one thousand nine hundred
and twenty-five 1922, before me- Ber-
nard Titche, Notary Public in and for
the parish of Orleans. state of Louisiana
duly commissioned and qualified. and in
the presence Of the witnesses hereinafter
named and undersigned. personally came
and appeared the several persons whose
names are hereunto subscribed. all above
the full age of majority, who severally
declared that, availing themselves of the
laws OF the state of Louisiana, particu-
larry Act 267 of 1914, relative to the
organization Of corporations they do by
these presents agree and bind themselves,
as well as such other persons as may
hereafter become associated with them,
to form and constitute a corporation for
the objects and purposes and under the
articles and stipulations following to-
wit:
ARTICLE I. The name, style and title
Of this corporation shall be Burnstein-
Getz Incorporated. and under that name
It shall have and enjoy all the rights
advantages adv and privileges granted by
the full term and period of ninety nine
years from this date. 1t shall have power
to contract, sue and be sued; to make
and use a corporate seal. and the same
to alter and break at pleasure: to hold
receive. lease, purchase, sell and convey
as well as mortgage, hypothecate and
pledge property, real, personal and mixed
corporal and incorporeal; to name and
appoint such managers, directors. officers
agents and other employees as its in
terestS and convenience may require and
TO make and establish as we'll as alter
ana amend, from time to time such by-
laws, rules and regulations as NAV be
necessary and expedient for the proper
management and government of the af-
fairs of said corporation.
ARTICLE ii. The domicile Of this cor
n0rntiAn nhx
New Orleans, state of Louisiana and all
citations or other legal process shall he
served upon the President of this corpor-
atlon or, in his absence, upon its Secre-
tary-Treasurer.
ARTICLE Ill The objects and mr.
poses for which this corporation is estab
ilshed and the nature of the business to
De carried on by it are hereby declared
10 pc: To conduct business in the CITY
OF New Orleans for the sale of general
merchandise, consisting especially Of
dress goods, ready-tO-wear, notions and
wOmens furnishings of all kinds, and TO
manufacture and purchase such general
merchandise as is ordinarily dealt in by
drygoods and department stores.
ARTICLE ~. The capital stock OF this
corporation is hereby fixed at the sum
oil f1fty Thousand Dollars $4,000. OO),
to be divided into and represented by
OF One Hundred Dollars (s1OO.OOj each.
said stock shall be paid for in cash. at
such time and after such notice 70 the
subscribers as the Board of Directors
not less than par for labor done or ser
vices rendered said corporation, or prom
erty or rights actually received by said
corporation. This corporation shall be
De authorized to commence business
when and as soon as Twenty-Five Thon
sand Dollars ($25OOO.00) of the capital
stock shall be subscribed and maid for
all In accordance with bn
OF Act No. 261 Of the General Assembly
OF the state of Louisiana for 1914 and
the amendments thereto.
ARTICLE V. All the corporate powers
OF TINS company shall be vested in, and
the management and control of its affairs
shal be exercised by, Board of Direc-
tors composed of four stockholders. A
majority Of said directors shall constitute
ness: The directors shall be elected an
huaiiy, by ballot, by the stockholders.
on the first Tuesday after the first Mon
gay In each year. Each stakeholder shall
a vote, for every share owned by him
and all elections shall be held under
such rules and regulations as NAV he
o oe.aI by the Board of Directors.
OF such election shall have been sent TO
each stakeholder at his last known adj.
dress. All voting shall be by ballot
me directors thus elected shall continue
- oA"NN ioI OHt year. OF until their O.
cessors shall have been duly elected and
quaihed. No failure to elect shall he
regarded as forfeiture of this charter
Any vacancy occurring on said board
shall be filled by the remaining directors
for the unexpired term; the said board
shall likewise elect the additional mem
hers in case they should determine 70
Increase the number on the said board
said board shall have the right to con
soIdate or segregate any two of said
offices into one. and to appoint a Sec
'etary. who need not be either n director
'r stakeholder, as also the right to an
'oint and dismiss such clerks. managers
md other employees of the corporation |