The herald. [volume] (New Orleans, La.) 1905-1953, 1913-03-27
THE HERALD
CHARTER
CHARTER
OF THE DOBARD WINE AND LIQUOR
COMPANY, LTD.
UNITED STATES OF AMERICA, STATE
on IOJTISIANA PARISH OF ORLEANS

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
flied, In and for the city of New Orleans
parish Of Orleans. state Of Louisiana, ther"
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 awaiting themselves of the
provisions Of the laws Of this state. relative
to corporations, they have cOyenanted 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 4
corporation and body polite in law, for the
purposes and objects, and under the Stipu-
lations and articles and conditions, follow
lnE, tO-wit:
ARTICLE l.
This corporation shall De known a. the
"DDbard Wine < Liquor Co., Ltd" and its
iOmicile shall be in the city Of New Orleans,
state Of Louisiana, The president Of the
board II 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 10 contract, sue and
be- sued In its corporate name, to make and
use a corporate seal with such device as may
De hereafter determined upon the sam" to
break. alter and amend as might be- deemed
proper: to make and establish such by-lawS.
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 a [
pleasure; to borrow money, make notes,
Tfv.e Ions a T1 lsv.a
tal stock: 10 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 this
corporation is formed, are declared to be
a 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
ARTICLE Ill
The capital stock OF this corporation i
hereby fixed at the sum OF thirty thousand
dollars 1890. OO0. 0O), 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 merchln
| disc, property, or other valuable COnSidera
! tions, as they may see nj.
ARTICLE ".
The corporate powers of this corporation
| shall be vested in and exercised by board
| Of directors. three in number, selected from
the stockholders Of this corporation, ana
| consisting OF a president, yice-president and
| secretary treasurer any two or whom VIII
| constitute a quorum for the transaction Of
| corporate business. The first board ~ 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 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 10 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 J. DObard, presi
dent; Prosper DObard vice-president. anC
Il Weston DObard secretary-treasurer.
The board Of directors shall give al leas
ten days notice by mail Of the election o1
directors. and shall appoint one or more
stockholders to preside at such election. Any
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 Ove
until their successors are chosen and quail
flied.
The board OF directors shall have full
power and authority TO nil 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 it 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; L
name and appoint a general manager d.
his compensation, and terms of employment
as well as such other agents employees as II
its discretion may seem fit and proper.
/ The board OF directors are specially veste
with the power to acquire and purchase Sucl
, property or business, or good will, or all q
these from individuals or firms, or corpora
tions, said board Of directors may deem
advisable and proper, and at such price an
on such terms as they think best, and L
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
, or altered, or this corporation dissolved, a
a general meeting of the stockholders con
! vened for that purpose, with the assent o
issued, present or represented at such meet
ing. Thirty days notice by mail shall b
, given of such meeting; in case of dSSC
luton or termination of this corporation
the liquidation Of its affairs shall be con
Quoted by three commissioners selected in
h like manner and by like vote and assent a
a meeting called as above for that purpOsC
y ARTICLE vi.
No stakeholder shall ever be liable o
responsible for the debts, contracts or fault
, of this corporation for any further SUI
: 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
I null, or of exposing q stakeholder to an
: liability beyond the amount Of the unpai
balance on his subscription to the stock
ii ARTICLE VII.
Should any stakeholder or stock-owne
desire to sell or dispose of all or any par
r Of said stock or relinquish his interest |
: the corporation or desire to terminate O
= dissolve the same, he shall first tender sue
stock for purchase to the other stockhOl(
ers Of this corporation, and the other stool
. holders shall have the preferred right, 70
4 sixty, days. to purchase the stock so tel
. dered at the price shown by the books Q
: the company. All stock issued or to b
q issued shall be subject to the foregoing pre-
= vision.
ARTICLE VIII.
The capital stock OF this corporation ma
q be increased or decreased on complyin
= with the requirements Of the law, and wit
. such bylaws as may be consistent with tn
9 law may be hereafter adopted by tt
: board Of directors
2 ARTICLE TX.
!, This corporation shall be going concer
: as soon as ten thousand dollars 100000 90
Is subscribed for.