The herald. [volume] (New Orleans, La.) 1905-1953, 1911-09-07
THE HERALD

THE HERALD
thousand, nine hundred and eleven, before
me, Robert Legier, a notary public, duly
and qualified In and for the
parish of Orleans, State of Louisiana, afore-
said, therein residing, and in the presence
of the witnesses hereinafter named and un
dersigned, personally came and appeared the
persons whose names are hereuntO suDscriD-
ed. who declared that awaiting themselves
of the provisions of the laws Of this state
relative 10 the organization or corporations,
they have covenanted and agreed 10 do, by
these presents, covenant and agree, bind,
form and constitute themselves, as well as
such other persons, as may hereafter JOIN
or become associated with them into a cor
poration and body polite in law and for
the objects and purposes and under the
agreements and stipulations following, TO
wit:
The name and style of this corporation
shall be l.. l.. LIZ HARDY BRoKERAGS COM,
PANY, and under that name II shall have
and enjoy all the rights advantages and
privileges granted by law to corporations
il shall exist for Il period of ninety nine
years from the date hereof; 1t shall have
power to contract. sue and be sued in Its
corporate name 10 make aud Use a cOrpOr-
ate seal. and the same to break or alter al
pleasure: TO hold. receive, purchase, sell
and mortgage property, real, personal or
mixed: 10 issue bonds. notes and other OBJ
legations; TO have and employ such man
ayers, directors and other employees as the
interest and convenience of said corpora
tiOn may require or demand; TO make and
establish such bylaws, rules and regula.
tiOns for the corporate management and
control Of the affairs of said corporation as
may be deemed necessary or expedient.
ARTICLE II.
Tho domiriIa nF this cornnra tion shall ha
in the city of New Orleans, State of LOuiSi
ana, but il may establish offices and agen-
cieS throughout the United States its Yari
Gus territories and foreign countries. All
citations and other legal process shall be
served on the president, and in his absence
on the vice president of said corporation.
In case of the absence or inability of both
of said officers then said process shall be
served on the secretary treasurer.
ARTICLE III.
The objects and purposes foT which this
corporation is organized and the nature Of
the business To be carried on by it are
hereby declared to be: To deal In, buy and
sell, for It's own account or for account of
others, sugar, rice and mOlasseS to act rs
broker or agent in the purchase and sale
of this sugar, rice, molasSes and their by
products for the account of individuals,
firms or corporations, and generally TO do
and engage in any such business, under
ldhlUD or enterprise connected Win, grow
ing out of, germane or incidental 10 a gen.
eral sugar, rice and molasses brokerage
business.
ARTICLE ".
Tie capital stock of this corporation is
hereby fixed as the sum of Three Thousand
Dollars, divided into 80 shares of the par
value Of One Hundred Dollars each, which
shall be paid for in cash, or may be issued
at not less than par for property purchased
by, or services actually rendered 10 said
All shares of stock shall he
full paid and worcestershire. No transfer
Of stock shall be binding upon the corpora
ton unless made upon its books.
ARTICLE V.
All the corporate powers of this company
shall DE vested in, and the mana cement and
control of its business and affairs shall be
exercised by board of directors composed
Of three stockholders, a majority of whom
shall constitute a quorum for the transac-
tiOn Of all business. Said directors shall
be elected annually by ballot Of the stock
holders on the second Tuesday in July OF
each year. Each stakeholder shall be en-
titled in person, or by written proxy, to
one vote of each share of stock owned by
him and standing in his name on the books
Of the company. All elections shall be held
under such rules and regulations as may
be determined by the board Of directors, but
after at least ten days notice of such cleo
ton shall have been given to each stock
holder at his last known address. or by
publication for at least ten days in one
OF the daily newspapers published in the
city of New Orleans. The directors thus
elected shall continue in office for one year,
or until their successors shall have been
duly elected and qualified. No failure to
hold an election shall be regarded as a
forfeiture of this charter Any vacancy oc-
curing on said board of directors shall be
filled by the remaining directors for the I'M
expired term. Said board of directors shall,
at its first meeting, elect from among its
number president, vice president, a sec
the two last mentioned offices and may
even appoint secretary who need not be a
ARTICLE VI
No stakeholder shall ever be held liable
Or responsible for the contract faults or
debts of said corporation, nor shall any
mere informality in its organization have
Or of exposing stakeholder to any liabil-
ity beyond the unpaid balance due on the
shares Of stock owned by him.
ARTICLE VII.
This act of Incorporation may be changed,
modified or altered, or this corporation may
be dissolved with the assent of the stock
holders owning majority of the stock Of
the corporation, at general meeting called
for that purpose, and in the manner and
form prescribed in Article of this charter
In case of the dissolution of this corpora
ton by the expiration Of its charter or 9TH
erwise, the stockholders shall elect three
iquidators from among their number at the
meeting which decides to liquidate. Said
IiquidatOrs shall have full power and au-
thority to settle the business and affairs
Of the company. In case of the death or
inability OF any one of said liquidators the
survivors shall appoint successor to him.
ARTICLE VIII
Until the election to be held in July.
l9l2, the following named stockholders
shall constitute the first board Of directors ::
Louis Z. SamsOt, William NJ Carrie and l.
7. Le1ardy, with the said Louis Z. Sam
SOt as president, William VI. Carrie as vice
president. and l.. 2. LeIIardy as secretary
treasurer.
THUS DONE AND PASSED at my office in
the city of New Orleans, on the day, month
and year herein first above written, in the
presence Of Theodore A. Beck and Anthony
Troyani, both of this city, competent wit
nesses, who have hereunto signed their
names with the said appearers and me, no
AIRY, after due reading Of the whole.
Original signed:
VIM. VI. Carlo, 10 shares.
Louis L. Samsot, 10 shares
L. p. LeHardy, 10 shares.
T. A. BECK.
ANT. TR0YANI.
ROBERT LEGIER,
Notary Public
1, the undersigned Recorder Of Mortgages
or the Parish of Orleans, State OF
louisiana, do hereby certify that the above