The herald., 1913-10-09
A true copy.
CHARTER
OF THE MORGAN JONES COMPANY,
LIMITED IrNIHEn

OF LOUISIANA. PARISH OF OR
LEANS CITY OF NEW ORLEANS.
Be II known, That on this 18th day OF the
month Of September. In the year OF our Lord
one thousand. nine hundred and thirteen,
and of the Independence OF the United States
OF America the one hundred and thirty
eight, before me- Martin $. MahOney, a no
tary public. duly commissioned and quail
fed In and for this CITY and Parish OF Or
leans. therein residing and in the. presence
of the witnesses hereinafter named and I'M
derSiCned, personally came and appeared the
several persons whose names are hereunto
subscribed. who declared that availlng
themselves OF the provisions OF the COnstltu-
ton and the laws Of this State relative to
the formation Of corporations. especially Of
the provisions OF Act No. 80 OF 1883 and
subsequent amendments, have formed and
do hereby form themselves, as well as all
such other persons who may hereafter be-
come associated with them into a corpora
tlon and body polite in law, for the objects
and purposes and under the agreements,
stipulations and conditions following, to-
wit:
ARTICLE 1.-The name. style and title
OF this corporation shall be the MORGAN
& JONES COMPANY, LIMITED" and by
that name it shall have and enjoy corporate
existence for a period Of ninety-nine years
from date hereof unless sooner dissolved as
hereinafter provided; II shall have power
10 contract, sue and be sued to make, have
and use a corporate seal and the same TO
break at pleasure; TO receive, purchase,
hold, lease, sell, transfer, convey, as well
as mortgage and hypothecate, in its cor
porate name, property both real and per-
sOnal movable and immovable to name, ap-
point or employ such officers, directors, man
ayers and agents and clerks, as the bust
ness Of the said corporation may require, and
TO make and enact such bylaws, rules and
regulations as may be necessary and
proper for its good government.
ARTICLE 1.-THE domicile Of this cor
pOration shall be and Is hereby fixed In the
City Of New Orleans, State Of Louisiana :
and all citation or other legar processes
shall be served upon the president, and, In
his absence, upon the president, and, In
the absence or disability OF both, then upon
the secretary of the corporation. And all
deeds and documents representing the pur-
chase, sale or mortgage OF real property,
shall be signed by the president and sec
tary.
ARTICLE III-The objects and purposes
for which this corporation Is organized and
the nature of the business to be carried on
and conducted by II Is hereby declared to be
as follows: To buy. sell and otherwise deal,
at wholesale or retail, in groceries, dry
goods. boot sand shoes, wines and liquors,
tobac o and cigars, and goods, wares and
merchandise of all kinds.
ARTICLE IV.-The capital stock of this
corporation Is hereby fixed at FIVE thousand
dollars (S5,000.00). divided into and repre-
scented by two thousand five hundred shares
of the par value OF two dollars $4,000
each, payable in cash. services rendered, or
other equivalent, and at such time and in
such manner and under such terms and con
ditions as the board of directors may d.
rect and prescribe All certificates OF stock
shall be signed by the president and the
secretary of the corporation; and said cor
poration shall become a going concern and
shall be authorized to begin business as soon
as one thousand dollars Isl, 100000 of its
capital stock shall have been subscribed. All
transfers of stock Of this corporation shall
be entered and registered In Its stock book
and no transfer of stock shall be In any
manner or to any extent binding upon the
corpora ton until so entered and registered
ARTICLE V.-Any stakeholder desiring tc
dispose Of his stock shall first offer II to the
corporation or to any one or more OF the
other stockholders thereof; and It shall be
the duty OF the board of directors to notify
each stakeholder, In writing, of said offer
and each stOckholder shall have ten day:
from the date of said notice within which
to accept said offer and purchase said stocl
at its face or book value. And no stock
holder of this corporation shall institute any
proceedings for the liquidation of said cor
poratiOn until he shall have first offered hlt
stock, In writing, to the corporation and the
same shall have been refused.
ARTICLE VI.-All the powers of this cor
poration shall be vested in and exercised
stockholders, including the officers, an
five OF which shall constitute quo
rum for the transaction Of all business
ballot at a general meeting to be hell
on the first Monday of Septem Der OF eacl
and every year, the first election under thi
charter to be held on the first Monday o
September, A. d. 1914. Immediately afte
| their election the members Of said boar
Of directors shall elect from that body
president, a vice-president, secretary an
a treasurer. The president of the corpora
ton shall ex-oficio be general manager o
all business carried on by 1t. At all cleo
lions each stakeholder shall be entitled I
one vote for each and every share Of stoc
owned BY him. to be cast by himself in pei
elections shall be given by ten days pre-
vioUs notice Of the meeting Of stakeholder
OF said corporation for said purpose, by mai
| ing to each stakeholder a written or printe
notice to his latest known place Of OF res
dence, signed by the secretary, or the SCI
rotary may deliver said notices In person
At all meetings of the stockholders, an
upon all questions which may arise, a ms
jority Of all the stockholders present an
voting shall carry the point at issue, an
each share OF stock shall be entitled to on
vote. Until the election hereinabove pre-
vided the following shall constitute the frs
board Of directors and officers Of this col
poration. namely Soloman Morgan, Nose
BaIey, Frank Smith, Henry Jones, Pete
Clarke, Ned Stokes and R.ckson Bailey. wit
as vice-president, Moses Bailey as treasure
and Henry Jones as secretary, who sha
hold office until their successors are electe
and indicted into office at the general NEE
ing to be holden on the first Monday {
September, A. ID. 1914.
ARTICLE VII.-All funds Of this corpor;
tion shall be deposited In chartered ban
or banks Of the City OF New Orleans, Stat
Of Louisiana, TO be selected by the board {
directors and checks for the payment Of a
moneys shall be drawn by the secretary an
counterslgned by the president of the corp
ration and all bills shall be audited by II
Ipresident, or, In his absence, by the vic
president. before payment.
| ARTICLE VIII.-This act Of incorpor
ton may be changed altered or amended, (
said corporation dissolved by a vote of tw
thirds, in amount OF the capital stoC
thereof, at a general meeting OF the stoc
holders convened for that purpose after Il
days previous notice shall have been give
of said meeting by, mailing to each stoc
holder at his last known place Of residen
J a notice thereof.
ARTICLE IX-Whenever this corporate
lis dissolved. by limitation or otherwis
three liquidators shall be elected by Z
, stockholders at a geenral meeting Of {