The herald. [volume] (New Orleans, La.) 1905-1953, 1913-08-21
CHARTER

| Nl'tl states OF America. Sldle OF LOUISE |
ana. City OF New Orleans.
BE II known. that on this twelfth DAY OF
tn" month OF July in the year one thousand, |
nine hundred and thirteen, before me, Felix
J. DreytouS. notary public, duly commits
stoned and sworn in and for the parish of
orleans and city Of New Orleans, therein
residing. personally appeared the persons
whose names are hereuntO subscribed. who
declared that. ayaiing themselves OF the
provisions OF the laws " this state relative
10 the organization of corporations. they
have cOvcnauted 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
mcntS and StipulatiOns following. tO-wit:
Article THE name and style of this
corporation shall be 'Scgari Produce co"
and under that name Il shall have and en-
JOY all the rights and privileges granted 10y
law to corporations: il shall exist for a
period of ninety-nine years from this day
II shall have power 10 contract. sue and be
sued. in its corporate name: to make and
use corporate seal: TO hold. receive. pur-
chase, convey, mortgage, nSpOtheCate orr
pledge property both real and personal; to
issue bonds, notes and other obligations =
10 have and employ such managers. drec-
tors. officers. agents and other employees
as the interest and convenience OF said cor
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 domlcile 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-prcsident.
and. In the absence Of both, on the secre-
tary-treasurer OF said corporation.
Article IIl:-The objects and purposes Of
this corporation. and the nature OF the bus
mess 10 be carried on by II are hereby de-
clared to be. 10 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 of7his cor
/ poration Is hereby fixed at the sum of TWEEN
| ty-five thousand dollars to be represented
/ by two hundred and fifty shares OF the par
/ value Of one hundred dollars each. which
| shall be paid for in cash when subscribed
| performed or for services rendered TO said
| corporation, as the board Of directors may
| elect. All shaes Of stock shall be full-paid
| and worcestershire. No transfer OF stock
| shall be binding upon this corporation I'M
/ less made upon It's books and all Certif-
Gates of stock shall he signed by such off,
| GERS as may be designated by the board OF
! directors
Article v.-All the corporate powers Of
| the corporation shall be vested In and the
| management and control of its affairs shall
be exercised by, board Of directors com
| posed Of three stockholders. two OF whom
! shall constitute a quorum for the transac-
! tlon Of all business. The directors shall be
| elected by the stockholders on the third
! Monday Of July OF each year. Each stock
| holder shall be entitled. in person or by
| proxy. 10 vote for evrey share owned by
! him, and all elections shall be held under
| such rules and regulations as NAV be deter
mined Is the board Of directors. The d.
! rectors thus elected shall continue in Office
| for one year, or until their successors have
been duly elected and have qualified. No
| failure TO elect shall be regarded as n for
! fixture Of this charter. ANY vacancy occur
! ring on said board shall be filed by the
| remaining directors for the unexpired term.
! The board of directors shall at its first
| meeting after its election, nominate out OF
| its number n president. a vice president and
a secretary-treasurer. Said board shall have
the right TO segregate the Office OF secre-
| tary-treasurer and may appoint a secretary
who need not he either a director or
! stakeholder: and It shall employ and dis.
miss such clerks, managers and other en-
| ployes or the corporation as the interest
and business OF the same may Justify. ANY
Of the directors or officers shall have the
right TO appoint, by written instrument, an
other director or stakeholder to act as his
proxy and In his stead at any and all meet
| ings Of the board OF directors.
Article Vino stakeholder shall ever he
held liable or responsible for the contracts.
| faults or debts of this corporation, nor
| shall any mere informally in its organiza-
tion have the effect OF rendering this char
ter void, or OF exposing stakeholder to any
nablIity beyond the unpaid balance due on
! Article VIl.-This act OF ncorpora ton
may be changed, modified. altered, or this
corporation may be dissolved with the as
sent Of the stockholders owning three
fOurths of the stock OF the corporation, pres
ent or represented, at a general meeting
convened for that purpose, and, after at
least ten days written notice has been
given through the mail TO each stakeholder
at his last known place of residence. In
case OF dissolution by the expiration OF this
charter, or otherwise, the stockholders shall
elect three liquidatOrs from among their
| number to settle the business and affairs
disability OF any one of said commissioners
or liquidators, the survivors shall appoint
successor to him.
Article VIII.-This corporation shall be
| a going concern as soon as ten thousand dol
lars shall have been subscribed to its cap
ital stock.
Immediately after the signing OF this
charter the stockholders shSr meet and
elect from among their number a board OF
directors TO serve until the election to be
held in July, 1912.
= Thus done and passed In nv office. on
the day, month and year, first above written
In the presence of Frank y. Twomey and
Joseph L. Weiss, competent witnesses. who
. have signed with the appearers and me the
notary, after reading the whole
: Original signed: Names OF subscribers
ana number OF shares subscribed by then
omitted. II. B. Twomey, J. L. Weiss.
! FELIX J. DREYFOUS, Not. Pub.
l, the undersigned recorder OF mortgages
! for the parish of Orleans, state OF Louisi
ana, 90 hereby certify that the above ant
corded in my ONCE, in book loss. folio re
New Orleans. July IA, 1913.
CSigned) EMILE J. LEONARD, by. r
A true copy from the original act.
|, FELIX j. DRBYFoUS, Not. Pub.
: 204 Carondelet street, New Orleans
july II "a 81 aug IA 81 1913