The herald., 1911-08-31

|
me, Robert Legier, notary public. duly
commissioned 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 subscrib
| ed, who declared that ayailing themselves
of the provisions of the laws OF this Stat,
relative to the organization of corporations
| they have cOvenanted and agreed TO do, by
these presents, covenant and agree, bind
| form and constitute themselves, well "a
such other persons, as may hereafter join
or become associated with them into cor
pOratiOn and body polite in law and fol
the objects and purposes and under the
agreements and stipulations following, t.
wit:
ARTICLE |.
The name and style of this corporation
shall be l.. L. LIE HARDY BRORERAGs Com
PANY, and under that name il shall have
and enjoy all the rights advantages and
privileges granted by law to corporations
ii shall exist for period of ninety-ninC
years from the date hereof; it shall have
power to contract, sue and be sued in Its
corporate name; to make and use cOrpor-
ate seal, and the same to break or alter al
pleasure; to hold, receive, purchase, sell
and mortgage property, real, personal OF
mixed; to 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
ton inlay require or demand, 10 make ana
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 H.
The dOmicile of this corporation shall be
in the city of New Orleans, State of Louisi-
ana, but ii may establish offices and agen-
cies throughout the United States, its vari-
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 secretlry-treasurer.
ARTICLE Ill
The objects and purposes for 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 its own account or for account of
others, sugar, rice and mOlaSseS to act as
broker or agent in the purchase and sale
Of this sugar, rice, mOlaSses and their bv-
products for the account of individuals
firms or corporations, and generally to do
and engage In any such business, under
taking or enterprise connected with, grow
ing out of, germane or incidental to a gen.
eral sugar, rice and mOlasses brokerage
business.
ARTICLE ".
The capital stock of this corporation is
hereby fixed the sum OF Three Thousand
Dollars, divided into 80 shares of the par
value of One Hundred Dollars each, which
snail be paid for in cash, or may be issued
at not less than par for property purcha Used
by, or services actually rendered TO said
corporation. All shares Of stock shall be
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 be vested in, and the management and
control of its business and affairs shall be
exercised by a board of directors composed
of three stockholders, majority of whom
shall constitute quorum for the transac-
tlon 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-
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
tion 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 or New Orleans. The directors thus
elected shall continue In office for one year.
OF until rlnelT successors snail nave 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
hlled 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, sec
rotary and treasurer. 1t may combine
the two last mentioned offices and may
even appoint secretary who need not be a
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
the effect of rendering this charter null |
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 |
De dissolved with the assent of the stock |
holders owning majority of the stock of |
he corporation, at a general meeting called |
'Or that purpose, and in the manner and |
.orm prescribed In Article V Of this charter |
In case of the dissolution of this corpora
ion by the expiration of its charter or 9TH
,rwise, the stockholders shall elect three
iquidators from among their number at the |
Meeting which decides to liquidate. Said
IquludlOrS snail nave 1ull power and au- L
hority to settle the business and affairs
" the company. In case Of the death or
inability OF any one of said liquidators the
urvivors shall appoint a successor to him.
ARTICLE VIII.
Until the election to be held In july
912, the following named stockholders
hall constitute the first board of directors
-Ouis 7. Samsot, William VI. Carrie and L.
;. LeIlardy, with the said Louis F. Sam
ot as president, William NJ. Carrie as vice
resident, and l.. p. LeHardy as secretary
reasurer.
Thus DONE AND PASSED at my office In
he city of New Orleans on the day, month
nd year herein first above written, in the
resence of Theodore A. Beck and Anthony
'royani, both of this city, competent wit
esses, who have hereunto signed their
ames with the said appearers and me, no.
airy, after due reading Of the whole.
Original signed:
VIM. VI. Carrie 10 shares.
Louis T. Samsot, 10 shares.
l.. p. LeHardy, 10 shares.
per VIM. VI. Carrie.
ANT. TROYANI.
ROBERT LEGIER,
Notary Public.
|, the undersigned Recorder of Mortgages,
DR. the Parish of Orleans, State Of
ouisiana, do hereby certify that the above
nd foregoing act of Incorporation of the
l. Il. DeHardy Brokerage Company was