The herald. [volume] (New Orleans, La.) 1905-1953, 1913-07-31
CH AFTER
OF SEGARI PRODUCE co.

pF SEtIAKl fkODl Il ".
United States OF America, State OF LOuisi-
ana. City OF New Orleans.
Be it known, that on this twelfth day OF
the month Of July in the year one thousand,
nine hundred and thirteen. before me, Felix
J. DreyfOuS, q notary public duly commits
Orleans and city Of New Orleans, therein
residing, personally appeared the persons
whose names are hereuntO subscribed, who
declared that, availlng themselves Of the
provisions OF the laws OF this state relative
to the organization OF corporations, they
have covenanted and agreed, and do, by
these presents, covenant and agree, bind,
form and constitute themselves, as well as
such other persons who may hereafter join
or become associated with them into a
corporation and body polite In law for the
objects and purposes and under the agree
ments and StipulatiOns following, tO-wit:
Article 1.-The name and style of this
corporation shall be "Segari Produce Co
and under that name 1t shall have and en-
joy all the rights and privileges granted by
law to corporations: II shall exist for a
period of ninety-nine years from this day
II shall have power to contract, sue and be
sued, in its corporate name; TO make and
use corporate seal TO hold, receive, pur-
chase. convey. mortgage. nypOthecate OF
pledge property both real and personal; TO
issue bonds, notes and other obligations
TO have and employ such managers, direc'
tors officers agents and other employees
as the interest and convenience of said cor.
pOration may require; and to make and
establish such bylaws rules and regulations
for the proper management and control OF
the affairs Of said corporation, through Its
board of directors, as may be necessary and
expedient.
Article 1.-THE domicile OF said corpor
alton shall be in the city OF New Orleans
In this state, and all citations and Other
legal process shall be served on the presi
dent; in his absence, on the vice-president
and, In the absence OF both, on the secre
tary-treasurer Of said corporation.
oil hn nd r1rTA n
this corporation, and the nature OF the bus
mess to be carried on by 1t are hereby de
clared to be. TO buy and sell, and to con
sign and receive on consignment. fruit, pro
duce and other merchandise and commodi
ties Of every nature, kind and description.
Article IV.-The capital stock Of This cor
poratiOn Is hereby fixed at the sum of TWEEN
ty-fve thousand dollars, to be represented
value of one hundred dollars each. which
shall be paid for In cash when subscribed
| for: for the purchase of property for Labor
| performed, or for services rendered to salt
| corporation, as the board OF directors ma,
elect. All shaes of stock shall be full-paic
| and worcestershire. No transfer of steel
| shall be binding upon this corporation un
! less made upon It's books and all certii
| Gates of stock shall be signed by such off
GERS as may be designated by the board o
| directors.
Article V.-All the corporate powers o
| the corporation shall be vested in. and tn
1
| be exercised by, board Of directors CON
posed of three stockholders. two OF whor
| shall constitute a quorum for the transaC
| tiOn Of all business. The directors shall b
| elected by the stockholders on the thir
| Monday Of July of each year. Each stocE
holder shall be entitled, in person or b
| proxy, TO a vote for evrey share owned b
| him, and all elections shall be held unde
! such rules and regulations as may be detei
| mined Is the board of directors. The d
rectors thus elected shall continue In offC
| for one year, or until their successors hav
been duly elected and have qualified. n
| failure to elect shall be regarded as a 70
fixture Of this charter. Any vacancy Occur
ring on said board shall be filed by tn
remaining directors for the unexpired tern
The board OF directors shall at its frs
meeting after its election, nominate out
Its number a president, a vice-president an
a secretary-treasurer. Said board shall hay
the right to segregate the office of seer
tary-treasurer and may appoint a secretar
who need not be either a director or
stakeholder; and II shall employ and di
miss such clerks, managers and other en-
ployes OF the corporation as the intere
and business Of the same may Justify. AT
Of the directors or officers shall have Il
right to appoint, by written instrument, a
other director or stakeholder to act as h
proxy and In his stead at any and all NEE
, ings Of the board Of directors.
Article VINO stakeholder shall ever
, held liable or responsible for the contract
faults or debts Of this corporation, NJ
shall any mere informality In its organic
ton have the effect Of rendering this cha
ter void, or Of exposing a stakeholder to al
: liability beyond the unpaid balance due ,
the shares owned by him.
Article VII.-This act Of Incorporate,
may be changed, modified, altered, or th
corporation may be dissolved with the q