The herald., 1922-01-26

United States of America, State OF Lou
isiana Parish OF Orleans, City OF Ne"
Orleans. BE it known, that on TINS l9th
day OF the month of December III the
wear of our Lord. One Thousand, Nine
Hundred and Twenty one. before me
Harry Emmett McEnerny, Notary run
| lie duly commissioned ana quaiheu' III
| and for this city and the Parish OF UT
| leans, therein residing, ana III the pres
ence of the witnesses hereinafter named
| and undersigned. personally CAME ana ap
peared the several persons whose names
are hereuntO subscribed, who declared 10
me- notary, in the presence OF the unuer
signed witnesses. that, ayailing them
selves of the provisions of the laws OF
the State of Louisiana, and particular!
| of the provisions of Act 26I OF 1914, they
| have mutually agreed and contracted ana
| by these presents do agree ana cOhlrdCt
| and bind and Obligate themselves, theli
heirs and assigns, and all persons VINO
may hereafter become associated with
| them herein, to form corporation uhuei
| the name and for the objects ana pur'
! poses, and under the terms, stipulatlOns
| and provisions contained in the fOllOwlhs
articles, tO-wit:
alton shall be Gold Seal Hosiery Com
pany, Inc.
ARTICLE 1.-THE purposes for which
| the corporation is formed are hereby de-
clared to be as follows:
4
ceive, receive in exchange, and sell, give
| away, exchange. and to trade in men 5
| womens and children's hosiery ana KIN
! dred lines of merchandise; either retail
| or wholesale.
Second-To acquire by purchase. sub
| scriptiOn or otherwise, and to hold, sell
| assign, transfer, exchange mortgage
pledge or otherwise dispose OF any shares
, of the capital stock, bonds or other evi
| dences of indebtedness of any other cor
| poration, or corporations, association oil
associations, domestic or foreign, engaged
| in any business in which this corporation
may be authorized to engage, or the own
ership of whose securities would be al
vantageOus or convenient in the protec'
| ton or promotion of any or the purposes
or interests of this corporation, but onl!
| to the extent authorized by the laws Oh
| the State of Louisiana.
Third-To sue and Ut sued, to contract
sell, purchase, lease, mortgage, pledge
real and personal property, and TO carry
out all or any part of the foregoing OBJ
! jects as principal, factor, agent, contrac'
tor or otherwise, either alone or in con
junction with any person, firm, assOcia-
ton or corporation, and in any part oil
the world; and in carrying on its busl
ness and for the purpose OF attaining
or furthering any of its objects, to make
and perform such contracts of any Kind
and description; to do such acts and
things, and to exercise any and all pow
ers as a natural person would lawfully
make, perform, do or exercise, either
directly connected with the purpose OF
its organization or incidental thereto
provided the same be not inconsistent
with the laws under which this corpora
ton is organized, or which may be here
after enacted.
ARTICLE In-Tne capital stock OF
this corporation is hereby fixed at the
sum of Ten Thousand Dollars (S10.OO0.OO
no cd Hundred
shares Of the par value of One Hundred
Dollars (S1OOOO) each. All the stock shall
be common stock. Stock shall be issued
either in cash or the equivalent thereof
and shall be paid for at such times and
in such manner as the Board of Direc-
tors may direct.
ARTICLE IV-The capital stock of this
corporation may be increased in accord
ance with law to the sum of Twenty
Thousand Dollars S2O,OOOOO: Each
stakeholder shall, at every stOckhOlder's
meeting, be entitled to one vote, in person
or by written proxy, for each share OF
| the capital, stock held by him, or he
may send his vote by letter, the sig
| nature of which must be acknowledged
| before a Notary Public or other Officer
authorized to take affidavits.
No stakeholder shall sell his stock tC
| anyone without first Offering il to the
| board which is given the right to pur
chase it at the value thereof as shown
| IL
year of the corporation preceding thu
date of it's offer. The board shall within
/ ten days after the offer in writing Il
submitted to it, act upon the offer.
| may buy stock for the corporation, or /
| may allot il to the stockholders in tin
| proportion Of their then holdings.
ARTICLE V-The location of the dom
icile of this corporation shall be the Cit.
of New Orleans, State of Louisiana. Cita
ton Of all legal process and other lega
notices shall be served upon the presi
dent, and in the absence of the president
on the vice-president.
Il ARTICLE VI-The period of duratio
of this corporation shall be ninety min
(99) years.
ARTICLE VII-All the corporate powe
| of the corporation shall be vested in
, Board of Directors to consist of at leas
: three go and not more than five (5) men
4 bers, to be elected annually at a meetin
of the stockholders held on the fir,
Monday in December. But il the fir;
\ Monday should fall on a holiday, the
on the next following business da.
e Three or more members of the Board I
Y Directors shall constitute a quorum, an
' shall be authorized to transact bushes
y The Board Of Directors shall have Il
n right and the power, as 1t sees fit in i
2 discretion, to increase the number
: directors at a meeting of the stOckhol
Il ers regularly and lawfully called for TIL
|. purpose. Failure to elect shall not wOI
= dissolution of the corporation, but Il
: existing directors shall continue in Off
|. with full power until their successors a
|. elected.
d The names ana postoffice addresses
N the directors for the first year, who shs
d serve from January /, 1922, to Janual
l, 1923, are as follows:
/. A. III. Rabenowitz, zoos Milan Stree
Il New Orleans, La.
). E. b. Ferguson, 122 N. Miro Street, Ne
j. Orleans, La.
j, P. H. Ferguson, 100 N Miro Street, Ne
i Orleans, La.
ARTICLE VIIIIThe names and DOS
y Office addresses of the subscribers
IS these articles of Incorporation, and
statement of the number of shares
i stock to which each has subscribed, a
d as follows:
d A. H. Rabenowitz, 26O5 Milan Sire,
e. New Orleans, La, forty-fve (45) shar,
gil +. b. Ferguson, I'D n Miro Street, Ne
y Orleans, La, twenty-five (25) shares.
p. III. Ferguson, 100 N. Miro Street, Ne
= Orleans, La, one ~ share.
y Thus done and passed in my Office
the City Of New Orleans, State of Lo
d isiana, on the day and date hereinabo
It written, and In the presence of Mess
II Harry Gamble and Will Gibbons Meme
& ny, competent witnesses, who have sign
these presents with the said appeare
II and me, notary, after due reading Of {
A. whole
IT ORIGINALLY SIGNED):
Is A. H. RABENOwITZ,
" E. b. FERGUSON,
\ p II FERGTSON