The herald. [volume] (New Orleans, La.) 1905-1953, 1913-04-10
CHARTER
OF THE DOBARD WINE AND LIQUOR
COMPANY, LTD.

UNITED STATES OF AMERICA, STATE
OF LOUISIANA, PARISH OF ORLEANS,
CITY OF NEW ORLEANS.
Be II 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
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 availiHg themselves OF the
provisions of the laws of this Stah, relative
to corporations, they have cOvenanted and
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 in 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
domicile shall DE 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
It's dIOTeSdlu corporate HdIne LOT the IuIl
term and period of ninety nine years from
and after the date hereof, and shall have
power and authority to contract, sue and
DE 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
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 ny
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.
ARTICLE III.
The capital stock OF this corporation is
hereby fixed at the sum OF thirty thousand
dollars $3.50, 100000, TO be represented by
three hundred shares OF the par value OF
10000 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 cOnSidera
tons, as they may see Mt.
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, aso
consisting OF a president, vice president and
secretary treasurer. any two OF whom will
constitute a quorum for the transaction OF
corporate business. The first board Of di
rectors of this corporation, and under this
charter Is as follows Leon J. DObard pres
ident: Prosper Dobard, vicc-president and
Weston DObard, secretary-treasurer. Said
board Of directors and officers shall hold
office for one year from the date or theiI
election, or until their successors have been
duly elected and qualified, which next cleo
tiOn shall take place on the first Monday In
March, 1914, and annually thereafter. The
election for directors shall be by ballot, and
the ma Ority 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 thiel
| own number the officers Of this corporation
The first officers OF this corporation, undel
| this charter, are : Leon J. Dobard, presi
dent; Prosper DObard, vice-president, anC
Weston DObard. secretary-treaSurer.
The board of directors shall give at leas
| ten days notice by mail of the election o.
| directors, and shall appoint one or NOR,
| stockholders to preside at such election An!
| failure from any cause whatsoever to cleo
| directors on the day named for that pur
| pose shall not dissolve this corporation, bu
| the directors then in Office shall hold owe
| until their successors are chosen and quail
| itied
The board OF directors shall have full
| power and authority TO I'LL vacancies il
| their number caused by death, resignation
| or otherwise. The said board Of director
| Is further authorized TO frame and adOp
such bylaws, rules and regulations as tn
| affairs and business of the company may re
quire, and 1t may deem necessary, for tn
conducting and management thereof, pro
| vided the same does not conflict with thi
charter, and the laws Of the state Of Lou
| isiana, and those of the United States I
| name and appoint a general manager, IL
| his compensation, and terms OF employment
| as well as such other agents employees as Il
| its discretion may seem tit and proper.
| The board OF directors are specially veste
| with the power to acquire and purchase sue
| property or business, or good WILL or all o
| these from individuals or firms, or corpora
| tiOns, as said board Of directors may deen
advisable and proper, and at such price an
| on such terms as they think best, and t
| pay therefor In the full paid capital stoc
| of the corporation. This power TO purchas
and acquire to be exercised by the said boar
| without the necessity OF referring to tn
| shareholders for authorization.
| ARTICLE V.
This charter may be amended, modife
a general meeting of the stockholders con
vened for that purpose, with the assent o
i the majority Of the stock which may b
| issued, present or represented al such meet
ing. Thirty days notice by mail shall b
| given of such meeting; In case of dissC
| luton or termination OF this corporation
| the liquidation Of its affairs shall be cor
| Quoted by three commissioners selected In
like manner and by like vote and assent a
| a meeting called as above for that purpose
| ARTICLE VI.
No stakeholder shall ever be liable o
responsible for the debts, contracts or fault
| of this corporation for any further sur
than the unpaid balance due on the share
| of stock subscribed for or owned by him
nor shall any informality in the organiza
tiOn have the effect Of rendering this charte
null, or of exposing a stakeholder to an
liability beyond the amount of the unpai
| balance on his subscription to the stock
i ARTICLE VII
Should any stockholder or stock-owne
desire to sell or dispose Of all or any par
of said stock or relinquish his interest I
the corporation or desire to terminate O
i dissolve the same, he shall first tender sue
i stock for purchase, to the other stockholC
ers of this corporation, and the other stool
holders shall have the preferred right, 70
sixty days to purchase the stock so tel
dered at the price shown by the books q
i the company. All stock issued, or to
issued shall be subject to the foregoing PRE-
vision.
i ARTICLE VIII.
Il The capital stock of this corporation ma
be increased or decreased on complyin
with the requirements Of the law, and wit
such bylaws as may be consistent with tn
law, as may be hereafter adopted by th
board Of directors.
ARTICLE TX.
This corporation shall be a going concer
hS tan IN11 n