The herald. [volume] (New Orleans, La.) 1905-1953, 1913-04-17
THE HERALD
CHARTER
OF THE DOBARD WINE AND LIQUOR
COMPANY, LTD.
UNITED STATES OF AMERICA, STATE
OF LOUISIANA, PARISH OF ORLEANS.

COMPANY, LTD.
UNITED STATES OF AMERICA, STATE
OF LOUISIANA, PARISH OF ORLEANS
CITY OF NEW ORLEANS.
Be IL known, that on this 2Sth day Of
the month of February, in the year of our
Lord one thousand nine hundred and thir
teen, and of the Independence of the United
States of America, the one hundred and
thirty-seventh, before me, Edgar Mayer Calm
a notary public, duly commissioned and quail
ihed, in and for the city of New Orleans,
parish of Orleans, state of Louisiana, there
in residing, and in the presence of the wit
nesses hereinafter named and undersigned ::
Personally came and appeared the parties
whose names are hereunto subscribed who
declared, that availing themselves Of the
provisions of the laws of this state, relative
to corporations, they have covenanted aud
agreed and by these presents covenant,
agree and bind themselves as well as such
other persons as may hereafter become assO-
ciated with them to form and constitute A
corporation and body polite il law, for the
purposes and objects and under the Stipu-
lations and articles and conditions, follow
ing, tO-wit:
ARTICLE l.
This corporation shall be known as the
"DObard Wine ( Liquor Co, Ltd" and its
d0micile shall be in the city Of New Orleans
State of Louisiana. The president OF the
board Of directors thereof, or in his absence
the vice-preSident shall be the proper per-
son on whom citation or other legal process
shall be served, and said corporation shall
exist, and have and enjoy succession under
its aforesaid corporate name for the full
term and period of ninety-nine years from
and after the date hereof, and shall have
power and authority TO contract, sue and
be sued in its corporate name, TO make and
use a corporate seal with such device as may
be hereafter determined upon the same to
break, alter and amend as might be deemed
proper; TO make and establish such bylaws,
rules and regulations for the proper man
agement and regulation Of the affairs Of said
corporation as may be necessary and proper
"A nd 10 n nd n al
pleasure; to borrow money, make notes,
bonds or obligations, and TO pledge its cap
ital stock; TO hold, lease, receive, purchase
and convey as well as to mortgage and hy-
pOthecate. under its corporate name, prop
erty, both real and personal.
ARTICLE II.
The objects and purposes for which this
corporation is formed, are declared TO be
as follows
To transact and conduct a general bust
ness at wholesale and retail in wines, and
liquors, and similar articles, and all other
articles of food and beverages intended for
household use, and such other business as
may be connected Herewith or incidental
thereto.
The capital stock OF this corporation IS
hereby fixed at the sum OF thirty thousand
dollars $3.50, OOO.00), to be represented by
three hundred shares OF the par value OF
$4,000 each, payable in cash, merchandise,
or its equivalent. The board OF directors
shall have the right TO issue shares OF stock
only for cash, services rendered, merchan.
disc property, or other valuable cOnsiders-
tiOns, as they may see fit.
ARTICLE ".
The corporate powers OF this corporation
shall be vested In and exercised by a board
Of directors. three in number, selected from
the stockholders OF this corporation. ano
consisting OF president, vice president and
secretary treasurer, any two OF whom will
constitute a quorum for the transaction of
corporate business. The first board Of d.
| rectors Of this corporation, and under this
charter is as follows: Leon ]. Dobard, pres
| ident Prosper Dobard, vicc-president and
Weston Dobard, secretary Said
| board Of directors and officers shall hold
office for one year from the date or their
election, or until their successors have been
duly elected and qualified, which next cleo
| ton shall take place on the first Monday In
March, 1914. and annually thereafter The
| election for directors shall be by ballot, and
| the majority In amount of stockholders vot-
| ing present or by proxy shall elect the per-
| sons for whom they are cast. Each share
Of stock voted upon to be counted for one
vote. After said election of said board OF
directors, the directors shall elect from thier
| own number the officers Of this corporation
| The first officers of this corporation, under
| this charter, are: Leon ]. Dobard, presi-
| dent; Prosper DObard, vice president, and
| Weston Dobard, secretary-treasurer.
The board OF directors shall give at least
| ten days notice by mail of the election OF
| directors, and shall appoint one or more
|
failure from any cause whatsoever TO elect
| directors on the day named for that pur.
| pose shall not dissolve this corporation, but
the directors then in office shall hold over
until their successors are chosen and quail
ified
| The board Of directors shall have full
power and authority to fill vacancies In
their number caused by death, resignation
! or otherwise. The said board OF directors
| Is further authorized to frame and adopt
| such bylaws, rules and regulations as the
| affairs and business Of the company may re
| quire, and 1t may deem necessary, for the
Iconducting and management thereof, pro
| vided the same does not conflict with this
| charter, and the laws Of the state Of Lou
| isiana, and those OF the United States; Il
i name and appoint a general manager, fl
| his compensation, and terms OF employment
as well as such other agents employees as In
its discretion may seem fit and proper.
The bOardof directors are specially vested
with the power to acquire and purchase such
| property or business, or good will, or all OF
| these from individuals or firms, or corpora
lions, as said board OF directors may deem
| advisable and proper, and at such price and
on such terms as they think best, and to
pay therefor in the full paid capital stock
of the corporation. This power to purchase
and acquire to be exercised by the said board
without the necessity of referring TO the
shareholders for authorization.
| ARTICLE V.
This charter may be amended, modified
| or altered, or this corporation dissolved, al
a general meeting OF the stockholders con
vened for that purpose, with the assent OF
| the majority of the stock which may be
| issued, present or represented at such meet
| ing. Thirty days notice by mail shall be
| given of such meeting; in case of disso-
| luton or termination Of this corporation
| the liquidation Of Its affairs shall be con.
| Quoted by three commissioners selected in q
like manner and by like vote and assent al
a meeting called as above for that purpose
| ARTICLE vi.
| No stakeholder shall ever be liable OF
| responsible for the debts, contracts or fault.
of this corporation for any further sum
| than the unpaid balance due on the shares
of stock subscribed for or owned by him
nor shall any informality In the organiza
| tion have the effect Of rendering this charter
| null, or Of exposing a stakeholder TO any
| liability beyond the amount of the unpai
| balance on his subscription to the stock
| ARTICLE VII.
Should any stakeholder or stock-owner
desire to sell or dispose of all or any part
Of said stock or relinquish his interest In
| the corporation or desire to terminate oil
| dissolve the same, he shall first tender such
| stock for purchase, to the other stockhold
ers of this corporation, and the other stock
holders shall have the preferred right, fol-
sixty days to purchase the stock so ten
dered at the price shown by the books OF
| the company. All stock issued, or to be
issued shall be subject to the foregoing pro
| vision.
ARTICLE VIII.
| ha oil cfn ~