The herald. [volume] (New Orleans, La.) 1905-1953, 1913-10-09
CHARTER
OF THE STANDARD MERCANTILE co


! United States of America, State of Louisi-
ana, city OF New Orleans, Parish of Or
Be 1t known, that on this seventh day
| of the month of October, in the year one
thousand nine hundred and thirteen, before
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 I'M
derstgned, personally came and appeared :
The persons whose names are hereuntO sub
scribcd, who declared that availng them
selves of the provisions of the laws of the
state of Louisiana, relative to the organ
izatiOn of corporations, they have covenant
ed and agreed and do, by these presents,
covenant and agree, bind form and cOnSti-
tute themselves, as well as such other per-
sons may hereafter join or become assO-
GATED with them, into corporation and
body polite in law, for the objects and
purposes and under the agreements and
stipulatiOns following, to-wit:
Article 1.-The name and style OF this
corporation shall be the Standard Mercan-
tile Company, Limited, and under that name
it shall have and enjoy all the rights, priv
ileges and advantages granted by law to
corporations; ii shall exist for a period of
ninety-nine years from the date hereof; 1t
shall have power and authority to contract
sue and be sued in its corporate name TO
make and use a corporate seal and the
same TO break or alter at pleasure; to hold
receive, purchase, convey, mortgage, ny
p0tnCcate or pledge property, real, person
al or mixed TO issue bonds notes and other
obligations to have and employ such man
ayers directors, officers, agents and other
employees as the interest and convenience
or SAID corporation may require or demand !;
TO make and establish such bylaws, rules
and regulations for the corporate manage
ment and control of the business and af-
fairs of said corporation as may be deemed
necessary or eXpedient.
IT III
alton shall be in the city of New Orleans.
state of Louisiana, and all citations and
other legal process shall be served on the
president and in his absence on the vice
president of said corporation. In the alb
sence Of both of said officers, then said pro-
cess shall be served on the secretary of
said corporation.
Article III.-The objects and purposes
for which this corporation is organized and
the nature Of the business to be carried on
by IL are hereby declared to be: TO buy
sell, import, export and deal In, at whole
sale or retail, as principal, agent or broker,
feed, bonds, junk. sacks bags, Irvine and
jute Of every kind and description, and gen
orally TO do and engage in any other bust
ness, undertaking or enterprise connected
with, growing out Of, incidental or ger
name TO any of the objects and purposes
hereiuabove set forth or contemplated by
this charter.
Article Iy.-The capital stock Of this
corporation Is hereby fixed at the sum of
hNtulg-INt luOuSduu NS-O,pOOD dollars, Ill
vided into two thousand, five hundred
(2.5JOl shares of the par value of ten
lS1Ol dollars each, which shall be paid for
in cash, or may be issued at not less than
par for services rendered TO or property &C
tually purchased by said corporation
All shares Of stock shall be full paid and
worcestershire. No transfer of stock shall
be binding upon the corporation 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 five stockholders a
majority of whom shall constitute a suo-
rum for the transaction Of all business. The
directors shall be elected annually on the
third Monday of January of each wear, be-
ginning In the year 1915. Each stockholder
shall be entitled in person or by written
proxy to one vote for each share of stock
owned by him and standing In his name on
the books Of the corporation. All elections
shall be held under such rules and regula-
tons as may be determined by the board
of directors, but, after at least ten days
notice of such election shall have been given
10 each stakeholder by mail sent to his last
Inowl. address, or by publication In one of
ne daily newspapers publishd in the
English language In the city of New
orleans for at least ten DAYS preceding
uch election. The directors thus elect. |
d shall hold office for one year or un- |
II their successors shall have been duly |