The herald., 1922-09-21
CHARTER


CHARTER CT THE EMPORIUM, INC
United States OIL America, State o
Louisiana, Parish of Orleans, City o
New Orleans. Be IL known, that on thii
9th day of the month of August, in thu
year of our Lord one thousand. min,
hundred and twenty-five. and of tn,
Independence of the United States o.
America the one hundred and forty
sixth, before me, Sol. Weiss, a notary
public. duly commissioned and quail
fled in and for the Parish aforesaid
therein residing. and in the presence OF
the witnesses hereinafter named anC
undersigned. personally came and ap
peared, the several persons whose
names are hereunto subscribed. who de
clared that they are of full age of ma
5ority, and availing themselves of the
laws of the State of Louisiana, relative
cases made and provided. they consti-
tute themselves, their associates. sue
cessors and assigns. corporation un-
der the stipulations herein set forth,
which they adopt as their charter, to-
wit:
ARTICLE I-Name-The name of
this corporation shall be: 'The EN-
porium. Inc"
ARTICLE II-Purposes-The objects
and purposes of this corporation. and
the business to be conducted by 1t. are
hereby declared to be: The operation
of retail store, or stores, for the buy
lns. selling ana
dealing in. women's. misses and child
ren's wearing apparel, especially ready
to-wear, piece goods. and all such ar
ticles and goods as may be incidental to
or appurtenant to or connected with,
ARTICLE III-Capital Stock-The
capital stock of this corporation shall
be twenty thousand dollars Cs20, 900. 00)
thousand dollars (s1OO,0oO.O); which
capital stock shall be common only and
shall be divided into an equivalent
number Of shares of par value of one
hundred dollars s100.00) per share. All
stock issued shall be full paid non-as-
sessable. and issued for not less than
par. Fractional shares may be issued
ARTICLE IV-Subscriptions- The
names Of the incorporators of the cor
poration and the amount Of stock sub
scribed for by each appear subscribed
hereunto. so that this charter shall con-
stitute the initial list of subscribers to
the stock of this corporation. 1t is
further declared that all such subscri-
bers have at the time of the signing of
the presents paid not less one-half (h)
of the amount due for such subscrip-
ton, so that not less than one-half t6)
OF the capital stock of the corporation
has been subscribed for and paid for.
ARTICLE V-Domicile This cor
poration shall have its domicile in
New Orleans. Parish of Orleans, Louis
ARTICLE vI-Duration-This cor
poration-shall exist. have duration. and
enjoy succession for a period of ninety
nine (99) years from date hereof
ARTICLE VII-Directors-This cor
poration shall have not less than three
t3) nor more than seven ca directors.
who shall be each the holder of not
tai stock: which directors shall consti-
tute the board of directors. and in
which board all corporate powers shall
be vested and by which the same shall
- II. H..
reserved to the stockholders by law or
by this act of Incorporation. Directors
in addition to the the three (3) named
herein shall be selected from time to
listing board. by not less than a two
thirds (2/3) vote thereof. Vacancies
on the board shall be filled by a vote
of a majority of the stockholders at
stockholders called for the purpose: all
vacancies must be filled within sixty
(60) days after their occurrence, and
the president is obligated to call such
next regular annual meeting of stock
holders will. as provided herein or by
amendment hereof be held within ninety
(so days from the date of such va
to call such meeting. the vice-president
snail DO so, and upon his failure so to
DO, the OBSERVATION-DISCLOSURES shall do so:
II all Officers refuse or fail to do so,
petit
1on OF and by not less than twenty
five per cent (25cd) of the outstanding
stock. All directors and Officers shall
serve Tor one year or until their success |
cessors are duly elected and qualified |
The directors shall elect by ma
1ortty vote from among their number
within thirty (30) days after their eIec,
uon, a president vice-president. and |
secretary-treasurer. The latter office
may be divided into two (2) separate
orflces and given to two (2) distinct d. |
rectors, by vote of two-thirds q /3)
of the directors. provided the number
ceeds five go.
The following directors and Officers
are designated hereby, to serve until
the regular annual meeting of stock
holders. which will be held on the second !
Monday in January of every year. be- |
ginning in January. 1924, or until their |
successors are elected and qualified: |
David NJ. Davis, New Orleans. Louis |
leanns. Louisiana. vice-president: Wal
ter Davis. New Orleans. Louisiana, Sec
ARTICLE vIII-Powers and Duties
poration shall perform the functions
and exercise the powers legally and
exercised by persons oc-
,upying the respective offices desig-
The president, and in his absence. the
or OBSERVATION-DISCLOSURES,
hall have authority to appear in any
'ourt In behalf OF this corporation, to
institute all ordinary legal proceedings,
nd to obtain the issuance of any Judi
ial writs or remedies. not involving |
he dfscontinuance or suspension of the |
BUSINESS Of the corporation. its exist !
nee. or tho form and nature Of its
peration. a
erred are not exclusive. but merely H. ia
lstratfve and precautionary; they may a
3 further specified. enlarged or re- .
icted by such bylaws as the board of Q
rectors may adopt by . two-thirds I