The herald. [volume] (New Orleans, La.) 1905-1953, 1914-08-27
{ lIARIER
OF
CHARTER
OF
LAZARE LEVY SHRIMP COMPANY.
STATE OF LOUISIANA PARISH OF OR.
LEANS

|
| LEANS.
Be it known, that on this 2lst day Of the
month OF July, IN the year OF our Lord one
| thousand nine hundred and fourteen before
me, Martin II. MdulOn, a Notary Public, duly
commissioned and qualified in and for the
| Parish and State aforesaid, and in the pres
| enCe OF the witnesses hereinafter named and
/ undersigned, personally came and appeared
the following named persons Of the full age Of
majority, and all residing in this city, to-wit:
! Lazare Levy. Joseph L. Cain and Leonard
Hochsteln, who declared that. being DESTROYS
OF forming a corporation under the laws OF
the State OF Louisiana, they have formed and
organized, and by these presents do form
themselves into and constitute a corporation
and body polite in law, binding themselves,
their successors and those who may become
associated with them, under the following
terms and conditions, tO-wit:
AKII he ,Z1R 4s T NV OF Tbs S3Po5 G
PANN. Its domicilc shall be in the city of
New Orleans, and it shall have its corporate
existence for uIncty-ninc years from the date
hereof unless sooner dissolved according 10
ARTICLE 1.-THE objects and purposes for
which this corporation Is established and the
nature OF the business 70 be carried on are
hereby declared to be the huving and selling
and other commodities that might be here
after determined by the Board OF Directors:
also 10 can or otherwise preserve for sale
shrimp and other foOdStutfs; and in fact the
buying and selling at wholesale and retail of
any merchandise without any restriction
whatsoever, with the right and power TO do
any and all things necessarily connected with
OF IN any manner incidental to the aforesaid
purposes, and the owning Of real estate.
ARTICLE lII.-Thc capital stock of this
corporation is hereby declared to be the sum
of ten thousand (SlO,OOOOO) dollars, divided
into one hundred shares Of the par value of
one hundred $4,000 dollars each, which shall
be fully paid for in cash or property received
by the corporation.
hal he
when three thousand (S3,OOOOO) dollars of said
stock shall have been subscribed and paid
ARTICLE Iv-Ar corporate powers of the
corporation shall be vested in Board of Di-
rectors consisting of not less than three or not
more than seven stockholders The first
Board of Directors shall be composed of La
zare Levy, Joseph L. Cain, Leonard Hoch-
stein, Arthur Schmidt and Samuel Goldman.
They shall serve until the second Tuesday
after the second Monday in January, 1915 or
until their successors have been elected and
installed.
On the second Tuesday after the second
Monday in January, 1915 and Of each year
thereafter, the stockholders shall elect from
their number not less than three nor more
than seven directors to serve during the en-
suing year.
The offices of this corporation shall consist
Of the President, Vice President, the Secre
tary, the Treasurer and such officers as the
Board of Directors may elect. The offices of
Secretary and Treasurer may be combined in
a
stoctholder or member of the Board, and may
be selected by the latter at any meeting de-
termined upon by the Board.
Until after the first election in January,
1915 the following shall be the officers:
Lazare Levy, President; Joseph L. Cain, Vice
President Leonard Hochstein, Treasurer, and
Arthur Schmidt, Secretary.
All citation or other legal process shall be
served on the President, or. in his absence,
the Vice President or the Secretary, at the
domicile Of the corporation.
All employees shall hold their employment
at the will of the Board unless authority for
hiring and dscharging be particularly desig-
mated by the Board of Directors in an officer
thereof or some other designated person.
ARTICLE N.-Ths charter may be amend
ed, modified or altered, or the corporation dis
solved at any time by a vote of three -fourths
of the stockholders in general meeting con-
vened called for that purpose by the Board of
each stakeholder; and whenever this corpora
tiOn shall be dissolved by limitation or other
wise, its affairs shall be liquidated by the |
Board OF Directors then in office, and in case |
OF the death of one or more of them, the sur |
yivor or survivors shall continue to act and |
NIL vacancies.
Any vacancies occurring in the Board of D- |
rectors after their election shall be filled by |
the remaining members.
Thus done and passed in my notarial office |
in the presence of John A. Wentworth and |
James II. Finley, competent witnesses of law |
full age and residing in this city, who here |
unto Sign with said parties and me Notary,
after reading. of the whole the day and |
date aforesaid. |
Lazare Levy, ten shares, $1,000; Joseph L. |
Cain, per Lazare Levy, four shares, $500: |
Leonard Hochstein, fourteen shares, Sl,4OO: |
Arthur Schmidt, per S. Goldman, one share |
800; Samuel Goldman. one share, $l00.
Witness:
JAMES II. FINLEY.
JOHN A. WENTWORTH
|, the undersigned, Recorder of Mortgages, |
N and for the Parish of Orleans, State of 1
Louisiana, do hereby certify that the above |
and foregoing act of Incorporation of the |
Lazare Levy Shrimp Company was this day /
duly recorded in my office in Book 1ll7, |
Folio 296, New Orleans, July 22nd, 1914
EMILE J. LEONARD, by. Ch
A true copy
aug Is % u sept 10, 1914