The herald. [volume] (New Orleans, La.) 1905-1953, 1913-07-03
MARTIN II. MANION,
Notary Public.
CHARTER

CHARTER
OF
4. :. KOTTWITZ * co, LTD.
Estate OF LOUISIANA. PARISH OF
Il ORLEANS. CITY OF NEW OR
Il LEANS.
BE it known, that on this the 3lst
day OF the month OF May, in the year
of our Lord one Thousand Nine Hun.
Il dred and Thirteen. and OF the indie.
| pendence Of the United States OF Amer
lea the one Hundred and Thirty.
Seventh, before me, James Clark Hen
j riques. a Notary Public. duly commits
/ stoned and qualified. in and for the
Parish of Orleans, therein residing, and
IN the presence of the witnesses here.
matter named and undersigned per
sonally came and appeared the persons
| whose names are hereunto subscribed
all above the full age of majority and
| residents of this State, who seyeralIy
declared, that availing themselves OF
| the provisions of the laws of this State
| relative TO the organization of corpora
tons, they have formed and organized
and do by these presents form and or
| Sanize themselves into and constitnta q
| corporation and body polite in law for
the OBJECTS and purposes and under the
SupulatlonS and agreements hereinaft-
er set forth and expressed, which they
| hereby adopt as their charter, TO viii.
ARTICLE 1.-The name and title of
| the corporation hereby formed is de-
clared to be "a. S. KOTTWITZ & COM
| fAN1' LIMITED its domicile shall be
| IN the City OF New Orleans State of
| Louisiana. and il shall have and enioy
| succession by its corporate name for a
| period of Twenty-Five C25) wears from
and after date hereof.
| This corporation shall have power
and authority to contract. sue and be
sued in its corporate name; to make
| ana use corporate seal; to hold, re-
| celve. hire and purchase real estate
and personal property and to SELL
| mortgage or pledge the same: to bsr-
row money and issue bonds, notes and
| other obligations.
| All citation or other legal process
shall be served upon the President or
| upon the Secretary-Treasure
| ARTICLE 1.-THE objects and pur-
| poses for which this corporation is or
ganized and the nature OF the business
to be carried on by it. are hereby de-
| clared to be: To conduct a general
wholesale produce business in the City
| OF New Orleans, and elsewhere. and
especially to acquire and conduct the
| business and good will of the CONNER
| cial firm of A. 5. Kottwitz q Company
| street, in this City, and the existing
| lease thereon, and generally to do ev-
| erything that may pertain to or pro-
| mote said business and the interests of
| this corporation.
| ARTICLE III-The capital stock of
| sum of Twenty Thousand Dollars GEO.
200. divided into and represented by
Two Hundred Shares Of the par value
| OF One Hundred Dollars CS100.00) each.
| which shall be paid for in cash at the
| time of subscription.
Transfers of stock shall only be made
on the books of the corporation by
| stockholders in person or by proxy, but
no stock shall be sold or transferred by
any stakeholder unless said stock shall
have first been offered for sale to the
other stockholders at the same price
offered to others, through written no
! tice sent to the corporation; and only
upon failure or neglect of the other
stockholders to avail themselves, with
in thirty days, of such right to pur-
chase. shall such stock become trans
ferable.
No stakeholder shall pledge or hy-
pothecate his stock to any person other
than stakeholder without the approx
al Of the Board of Directors.
This corporation shall commence
business and be going concern as
soon as Ten Thousand Dollars of its
capital stock has been subscribed.
ARTICLE IV-Al the corporate pow
ers of this corporation shall be vested
in and exercised by a Board Of Direc-
tors to be composed of three stockhold-
ers. two of whom shall constitute a
quorum for the transaction of all bust
ness. They shall be vested with full
power and authority to make all con-
such bylaws. rules and regulations for
the government of the business and af-
fairs of the company, and alter and
amend the same; appoint, hire and dis
charge all officers, agents and en-
ployees, fix all salaries, and generally
do and perform all things necessary in
the transaction of the business and af-
fairs OF the company. Said board shall
fill all vacancies which may occur in
their number.
ANY director shall have the right to
appoint another stakeholder as his or
her proxy to act for him or her in case
of absence or inability to attend any
or all meetings of the Board of Direc-
tors. which proxy, for the time being,
and powers Of his principal on said
board.
ARTICLE v-The first Board Of Di-
rectors of this corporation shall con-
Sinai. and John A. Dillon, with the said
Mrs. NJ. II. Kottwitz as President and
John A. Dillon as Secretary-Treasure
who shall hold their office until the
until their successors are duly elected
and qualified
On the third Tuesday in November,
1914. and annually thereafter, an cleo
ton for directors shall be held at the
office Of the company, under the super
vision of two commissioners to be APP
pointed by the Board of Directors, and
the directors then elected shall imme-
diately take their seats and hold Office
until their successors are duly elected
and qualified; each board shall elect its
own officers. which shall consist of a
president and a secretary-treasurer.
All corporate elections shall be by
ballot, and a majority of votes cast
shall elect, and each share of stock
shall be entitled to one vote. either in
person or by proxy.
Written notice of all elections shall
be given to the stockholders by the
secretary. at least ten days prior to
elections.
ARTICLE vI-This act Of incorpora-
ton may be changed, altered or modi-
fed, or this corporation dissolved with
the assent of three-fourths of the
stockholders present or represented at
any general meeting of the stockhold-
thirty days prior notice of such meet
ing shall have been given by the secre-
tary to each stakeholder Of record, and
in accordance with law.
ARTICLE VII-Whenever this cor
poration is dissolved, either by limita-
ton of its charter. or from any cause,
its affairs shall be liquidated by two
commissioners to be appointed from
among the stockholders at a general
meeting of the stockholders convened
for that purpose after thirty days prior
by the secretary to each stockho older,
mailed to his or her last known ad-
dress. Said commissioners shall remain
in office until the affairs of said cor
poration shall have been fully liquidat-
ed. In the event of death Of either COM
missioner. the survivor shall continue
to act.
ARTICLE vIII-No stakeholder of
this corporation shall ever be held liza