The herald. [volume] (New Orleans, La.) 1905-1953, 1922-04-13

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,
two. before me, Clarence de Lucas, a 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 availing themselves of the
laws of this State and particularly Act
No. 267 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 themselves into body
polite in law for the objects and pur-
poses and under articles, terms and con-
sideratiens following, to-wit:
ARTICLE 1.-The name and title of this
corporation shall be ~. B. Vanden Com
pany, Inc.", and under its corporate name
it shall have power and authority to have
and enjoy succession for the term of nine
ty-nine 1897 years from the date hereof.
To contract, sue and be sued, to make and
use a corporate SEAL and the same to
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, pleuge, nyptnecdte, tease OF
otherwise dispose of, to lend any portion
of its capital stock or income from other
sources or mortgage or other security, to
contract, make and indorse bills of ex-
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 of
other corporations, to increase or d.
minish its capital stock, and generally TO
do and perform in this state or any other
state all such things and exercise such
rights and powers permitted by law to
corporations.
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-
of buying, selling, importing, manu-
featuring, and dealing in and with all
kinds of textile fabrics, dry goods. cloth
ing notions, fancy goods, novelties, de
vices. goods, wares, merchandise and
commodities and in any and all other
materials useful or necessary in the carry
ing out the objects and purposes herein.
ARTICLE III-The domicfle Of this
corporation shall be in the City Of New
Orleans. Parish of Orleans, State Of
Louisiana, but 1t may establish offices
and agencies throughout the United States
of America. All citations or other legal
process shalls be served upon the presi-
dent of said corporation or in the event
of his absence upon the secretary treas
urer thereof.
ARTICLE WITH. capital stock of this
corporation shall be five thousand dol
lars ($5,000O0) to be divided into five
hundred shares Of the par value OF ten
dollars $4,000 each, which shall be paid
for in cash or its equivalent, for property,
for labor, performed or services actually
rendered. The amount to which the capi-
tai stock of this cooperation may be in
creased shall be the sum of one hundred
thousand dollars.
This corporation shall be a going con-
Germ and authorized to begin business as
soon as fifty per cent Of the capital stock
has been subscribed for and paid In to
said corporation.
The board of directors shall have power
to issue full paid stock for property
transferred to said corporation or for
labor and services rendered.
ARTICLE YAH of the corporate
powers of this corporation shall be vested
in and exercised by a board of directors
composed Of not less than three stock
holders, who shall be elected by the stock
holders at the annual meeting Of the cor
poration, which shall be held on the third
Monday Of the month Of January Of each
year. A majority of the stockholders
shall constitute a quorum for the trans
action of business
The 0n1cers or this corporation snail De
a president, vice-president, and secre-
tary-treasurer, provided, however, the sec
reary and treasurer may be one officer
they shall be elected annually by the
board Of directors from among their num-
Der; all directors and officers shall be
elected for a term of one year, but shall
hold office until their successors are
elected and qualified.
Any vacancy in the board Of directors
or officers from whatever cause shall be
filled from among the stockholders by the
remaining members Of the board.
The board Of directors shall have power
without reference to the shareholders OF