The herald. [volume] (New Orleans, La.) 1905-1953, 1922-03-23
CHARTER OF J. Ii. yANDEN COM
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, n 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 ayailing themselves of the
laws of this State and particularly Act
No. 261 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 themse into a body
polite in law for the objects and pur-
poses and under articles, terms and con
SideratiOns following, to-wit:
ARTICLE 1.-The name and title of this
corporation shall he u. Il. Nanden 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 C99) years from the date hereof
To contract, sue and be sued, to make and
use a corporate seal, and the same 70
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, 10
contract make and indorse bills of eN-
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 It's
| affairs, to acquire stock and bonds ol
other corporations. to increase or di
/ llrr ..
do and perform in this state or any Other
| state all such things and exercise sucl
rights and powers permitted by law u
| 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 al
kinds of textile fabrics, dry goods, cloth
| ing, notions, fancy goods, novelties, de
| vices, godds, wares, merchandise AM
commodities and in any and all othe
| materials useful or necessary in the carry
ing out the objects and purposes herein
ARTICLE uI-The domicile of thi:
corporation shall be in the City of New
| Orleans Parish of Orleans, State q
| Louisiana, but it may establish office
and agencies throughout the United State
OF America. All CITATIONS OF OlHtr lcSh
process shall be served upon the presi
dent of said corporation or in the even
of his absence upon the secretary-treas
urer thereof.
| ARTICLE IV-Tn- capital stock of thi
corporation shall be five thousand dol
lars (S5,000.OO) to be divided into hv
hundred shares of the par value of te
dollars $4,000 each, which shall be pal
for in cash or its equivalent, for property
for labor. performed or services actuall
hi Ia nj
tai stock of this cooperation may be In
creased shall be the sum of one hundre
thousand dollars.
This corporation shall be a going cor
Germ and authorized to begin business a
soon as fifty per cent of the capital stoc
has been subscribed for and PAID IN I
said corporation.
The board of directors shall have powe
to issue full paid stock for propert
transferred to said corporation or 10
labor and services rendered.
ARTICLE v-All of the corporal
powers of this corporation shall be veste
in and exercised by a board OF director
composed of not less than three stock
holders, who shall be elected by the stocl
holders at the annual meeting OF the col
poration, which shall be held on the thir
, Monday of the month of January OF eac
year. A majority of the stakeholder
shall constitute quorum for the trans
| action of business.
The officers of this corporation shall
a president, vice-president, and secr'
, tary- treasurer, provided, however, the sec
| reary and treasurer may be one onicer
they shall be elected annually by tn
, board of directors from among their nun
Der; all directors and officers snail 0
elected for a term of one year, but sha
hold office until their successors al
, elected and qualified.
ANY vacancy in the board Of director
or Officers from whatever cause shall ;
: filled from among the stockholders by III
!, remaining members of the board
The board of directors shall have powt
without reference to the shareholders
the company; to buy. sell, lease, NOR
gage, hypothecate, borrow, issue BOND
,, notes, and pledges Of all kinds wheth,
movables or immovables and generally
exercise all powers conferred on Tn
!, board of directors by these articles
I incorporation.
All elections shall be by ballot, eaC
, share shall be entitled to one vote and Il
, majority of the votes cast shall elect;
At all meetings each stakeholder sha
be entitled to one vote either in perso
or by written proxy for each share
stock standing in his name on the booi
, of the corporation; provided that no stoc
! shall be voted at any meeting which M
: been transferred upon the books with
1 thirty days prior to the said meeting.
e ARTICLE VINO stakeholder shall ey'
a be held liable for the contracts, faults
;, debts Of this corporation, nor shall ar
Y mere informality in its organization ha'
f; the effect of rendering this charter yo
or of exposing a stakeholder to any Ill
e bility beyond the unpaid balance due
: the shares owned by him.
: ARTICLE vII-The first board Of
= rectors shall consist of l.. c. Fare
!. president. whose post office address
: 3031 Coliseum street, New Orleans, La
s p. c. Doerr, secretary-treasurer, who
: post Office address is New Orleans, La
and Mrs. NJ. T.. Vanden, vice-presider
n whose post office address is 1436 Veri
I street, New Orleans. Louisiana.
$ ARTICLE vIII-This act of incorpor
Il ton may be changed, modified, altered
s amended or this corporation may be di
;, solved with the assent Of stockholde
v owning three-fourths Of the stock of Z
; general meeting concurred for that p
n pose and after at least ten days WRIT
. notice has been given through mail
each stakeholder at his last known pla
a of residence. In case of dissolution
: the expiration of this charter or otht
: wise the stockholders shall elect thr
: liquidators from among their number
: settle the business and affairs OF
y corporation.
In case of death or disability Of any o
$ of said commissioners or liquidators {
II survivors shall elect or appoint a succ'
e sor to him and IL they fail to agree on
n appointment then they shall wind up I
3 affairs of said corporation.
II Thus done and passed at my office
~ the presence of III. NJ Ansley and l..
y Dalgarn, competent witnesses who hs