The herald., 1922-10-26
THE HERALD, ALGlERs, LOUISIANA
CHARTER

len
of New Orleans, state of Louisiana,
and all citations or other legal process
shall be served upon the President OF
this corporation, or, in his absence
upon its secretary Treasurer.
ARTICLE III-The objects and pur-
poses for which this corporation is
formed and the nature of the business
to be carried on and conducted by II
are hereby declared to be: The opera
ton of retail store or stores for the
buying and selling for its own account
or as agent or broker. dry goods, no
tiOnS and merchandise of every char
acter and description; to buy, sell.
market and deal in ready-made clothes,
underwear and wearing apparel OF
every kind. for men, women and Ch'l-
drcn; to buy and sell piece goods,
shoes, school supplies. stationery AMI
novelties, and generally all mcrchan-
disc. goods and articles usually sold
ing store, and generally to transact
any business and to do anything Incl
dental To or connected with the carry
ing out of said purposes.
ARTICLE IV-The capital stock of
this corporation shall be five thousand
dollars (S5.0O000D, divided into and
represented by fifty 500 shares of the
par value of one hundred dollars
$500 00) each, to be paid for in cash.
which capital stock may be increased
10 twenty 1--we libU~tIl hplltIS 10
900 00D, which stock shall be paid for
in cash OF in property or its equiya-
lent, or, II not in cash, then the Board
of Directors of this corporation shall
determine the value of such equivalent
offered.
ARTICLE V.-An the corporate
powers of this company shall be vested
! in and the management and control OF
I its affairs shall be exercised by a
. Board of Directors composed Of three
. 4 Of i
| rectors shall constitute quorum for
/ the transaction Of all business. The
/ directors shall be elected annually by
| the stockholders on the third Tuesday of
| January in each year. Each StOckhOlder
shall be entitled. in person or by
! proxy, to a vote for every share owned
| by him. and all elections shall be held
! under such rules and regulations ~
may be determined by the Board of
! Directors after fifteen days notice by
mail of such election shall have been
sent to each stakeholder at his last
known address All voting shall he Jy
ballot. The directors thus elected Shal |
continue in office for one year, or uI-
til their successors shall have been
duly elected and qualified ANY va
cdncy occurring on said board shall be
| the uneXpired term: the said bOaid
| shall likewise elect the additional
| members in case they should deter
mine to increase the number of, sal !
podIu. anu an OFFICERS and employees
snail hold office at the pleasure of the
| board. and all officers. directors and
employees shall hold office at the pleas
ure Of the stockholders. who may dis
place or elect the successors of any one
or all or them at any time. at a meeting
called for that purpose, by notice de-
| livered personally to each stakeholder
or deposited in the postoffice addressed
to each stakeholder at least five days
! before such meeting.
SUCH meeting. and If the President or
officers of the corporation refuse or
fail 10 call such meeting when re-
quested by the holder or holders of ten
per cent of the capital stock outstand-
ing. then such holder or holders of
stock may personally or through
proxy call such meeting to be held at
! the office of the corporation. If for
any reason the use of the office of the
| corporation Is refused. or il cannot be
used for such meeting. then the caller
| or callers of such meeting may, acting
| either personally or through proxy.
adjourn said meeting elsewhere and
| there hold il.
The first Board of Directors shall
| be composed of julius Bodenger whose
postoffice address is 1877 Delaronde
| street New Orleans, Louisiana; Dora
| Bodenger. whose postoffice address is
! 1881 Magazine street. New Orleans,
! Louisiana. and Morris Bodenger whose
| postoffice address is 3O1 Seguin street.
| New Orleans. Louisiana. with Dora
| Bodenger as President, Julius Boden-
! ger as Secretary and Treasurer. and
Morris Bodenger as Vice-President.
! ARTICLE Win case of dissolu-
| ton. liquidation or termination of this
charter by Limitation or otherwise. the
! affairs of the corporation shall be
| Equidated by one or more HQuidators
| elected by the stockholders. who may
| provide the number of said liquidators
1 with nd
| authority as may by law be permitted.
| fix the terms and conditions upon
which they shall serve and their COM
pensation. and provide that, in case of
death or disability of any one of said
| iquidators the remaining liquidators
may fill the vacancy or continue to act
on behalf of the corporation.
! ARTICLE Vino stakeholder shall
be liable or responsible for any costs.
contracts, debts or faults of the cor
/ poration, or of any of it's officers, nor
shall any mere informality in organi-
4 cation have the effect of rendering this
| charter null and void. or of exposing
any stakeholder TO any liability beyond
! the unpaid balance due on the stock
| held by him.
! ARTICLE VIII-This charter may
he modified, changed or altered, or said
| corporation may be dissolved with the
i assent of stockholders owning two
thirds of the entire capital stock at a
convened for that purpose after fifteen
I days written notice shall have been
| given to each stakeholder. mailed to
him at his last known address.
| ARTICLE IX.-No stockholder shall
sell his share in this company without
having first offered the same to the
Board of Directors. And said board
shall have the right to purchase the
same for the benefit of the other
stockholders within ten days there
| after at the book value as shown by
the last annual statement.
i There shall be written or printed
across each certificate of stock "These
shares shall not be transferred except
in the manner required by the charter
and bylaws of this Company"
| ARTICLE X-The names and post
office address of the subscribers Of
these articles of Incorporation and {
statement of the number of shares Of
stock which each agrees to take in the
corporation are: Julius Bodenger IS
Delaronde street, New Orleans. La, l.
shares; Dora Bodenger. 1881 Magazine
street. New Orleans, La, IL shares
Morris Bodenger, 301 Seguin street
New Orleans La, shares.
Thus done and passed in my office
in the City of New Orleans, on the da!
and in the month and year first above
written. in the presence of Felix j
! Puig and Jeanne Hatrel, competen
witnesses, who hereunto sign thei
! names with the said appearers, and me