The herald., 1913-04-03
CHARTER
OF THE DOBARD WINE AND LIQUOR
COMPANY, LTD.
UNITED STATES OF AMERICA, STATE
OF IOIISIANA PARISH OE ORLEANS
CHARTER

II
CITY OF NEW ORLEANS.
Be 1t known, that on this 2Sth day of
the month OF February, In the year or our
Lord, one thousand nine hundred and thir-
teen, and Of the independence of the United
States OF America, the one hundred aud
thirty-seventh before me- Edgar Mayer Calm,
a notary public, duly commissioned and quail
flied, 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 aad
agreed, and by these presents covenant.
agree and bind themselves, as well as such
other persons as may hereafter become aSSO-
ciated with them 70 form and constitute
corporation and body polite in law, for the
purposes and objects, and under the stipu-
latiOns and articles and conditions, follow
Ing, tO-wlt:
This corporation shall be known as the
"Dobard Wine { Liquor Co, Ltd and its
domicile 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 DE served, and said corporation Sha II
exist. and have and enjoy succession under
its aforesaid corporate name for the full
term and period of ninety 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,
and the same to change, alter and amend at
Measure: 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 by
pothecate. under its corporate name, prop
erty, both real and personal.
| ARTICLE ii.
The objects and purposes for which Thu
| corporation is formed, are declared TO be
as follows:
| To transact and conduct a general bust
ness at wholesale and retail in wines, anC
| liquors, and similar articles, and all Other
| articles Of food and beverages Intended fol
| household use, and such other business a.
may be connected Herewith or incidental
ARTICLE III.
| The capital stock Of this corporation |,
| hereby fixed at the sum OF thirty thousand
| dollars 1880. 900. OO), TO be represented by
| three hundred shares OF the par value o
| $4,000 each, payable In cash. merchandise
or its equivalent. The board Of director
shall have the right to issue shares Of stool
only for cash, services rendered, merchan
Il disc property, or other valuable cOnSidera
tons, as they may see MT.
/ ARTICLE ".
The corporate powers OF this corporation
| shall be vested in and exercised by boar
OF directors three in number, selected from
i the stockholders OF this corporation, an
consisting OF a president, vice-president al.
secretary treasurer, any two or whom VII
constitute a quorum for the transaction o
corporate business. The first board Of d
rectors Of this corporation. and under thi
charter is as follows: Leon ]. Dobard, pres
ident: Prosper Dobard, vicc-president an
Weston DObard, secretary treasurer. Sal
board OF directors and officers shall hol
office for one year from the date OF thei
election, or until their successors have bee
duly elected and qualified, which next ele,
| ton shall take place on the first Monday !
March, 1914, and annually thereafter. tn
election for directors shall be by ballot, an
-, the majority in amount OF stockholders Vo
! ing present or by proxy shall elect the pc
sons for whom they are cast. Each shar
,, OF stock voted upon TO be counted for on
i vote. After said election Of said board {
!, directors. the directors shall elect from THE
! own number the officers OF this corporation
The first officers OF this corporation, und'
. this charter, are: Leon j. Dobard pres
dent Prosper Dobard, yicepresident, an
, Weston DObard, secretary treasurer.
The board of directors shall give at lea
: ten days notice by mall OF the election
directors, and shall appoint one or mo-
e stockholders to preside at such election. Al
4 failure from any cause whatsoever TO ele
T pose shall not dissolve this corporation, b.
!. the directors then in Ofice shall hold ov
i until their successors are chosen and qua
IT flied.
The board Of directors shall have IL
u power and authority to I'LL vacancies
I their number caused by death, resignatio
: or otherwise. The said board OF directo
= Is further authorized to frame and ado
8 such bylaws, rules and regulations as q
y affairs and business OF the company may I
; quire, and 1t may deem necessary, for q
u conducting and management thereof, pr
. | vided the same does not conflict with III
= charter, and the laws OF the state OF 10
!. isiana, and those OF the United States
" name and appoint a general manager,
ie his compensation, and terms Of emplOymer
= as well as such other agents employees as
its discretion may seem fit and proper.
The board of directors are specially vest
&c with the power TO acquire and purchase su
=, property or business, or good will, or all
- these from individuals or firms, or corpor
tons, as said board Of directors may dee
: advisable and proper, and at such price a.
y on such terms as they think best, and
D. pay therefor in the full paid capital sto
of the corporation. This power to purcha
Ie and acquire to be exercised by the said boa
n without the necessity of referring TO I
y shareholders for authorization.
~ ARTICLE V.
a This charter may be amended, mOdifi
e or altered, or this corporation dissolved,
e a general meeting Of the stockholders &C
~ vened for that purpose, with the assent
% the majority of the stock which may
, issued. present or represented at such me-
70 ing. Thirty days notice by mail shall
&c given of such meeting; In case Of dis
VI luton or termination OF this corporate
y; the liquidation of its affairs shall be &C
Quoted by three commissioners selected In
>, like manner and by like vote and assent
~ a meeting called as above for that purpo
u' ARTICLE vi.
No stakeholder shall ever be liable
responsible for the debts, contracts or fau
OF this corporation for any further 81
~ than the unpaid balance due on the shal
~ Of stock subscribed for or owned by hi
nor shall any informality in the organs
tion have the effect of rendering this char
=, null, or Of exposing stakeholder to a
- liability beyond the amount Of the unps
- balance on his subscription to the stock
ne ARTICLE VII.
ei Should any stakeholder or stock-owr
desire to sell or dispose of all or any p;
of said stock or relinquish his interest
- the corporation or desire to terminate
~ dissolve the same, he shall first tender 81
ue stock for purchase, to the other stockho
/, ers Of this corporation, and the other sto
a, holders shall have the preferred right,
o oi sixty days to purchase the stock so t
&c dered at the price shown by the books
~ issued shall be subject to the foregoing p
~ ~ vision.
ne The capital stock OF this corporation N
10 be increased or decreased on comply
gu gu with the requirements OF the law, and W
Is such bylaws as may be consistent with
ne law, as may be hereafter adopted by
~ board OF directors.
IN ARTICLE TX.
-, This corporation shall be going conc
"a as soon as ten thousand dollars (S10,00O.(
"a is subscribed for.