The herald. [volume] (New Orleans, La.) 1905-1953, 1914-08-06
CHARTER
OF
LAZARE LEVY SHRIMP COMPANY.
STATE OF LOUISIANA. PARISH OF OR
IIARTER


LAZARE LEVY SHRIMP COMPANY.
STATE OF LOUISIANA. PARISH OF OR
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 H. ManiOn, Notary Public. duly
commissioned and qualified in and for the
Parish and State aforesaid, and in the pres.
cuCc 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-wlt:
Lazarc Levy. Joseph l.. Cain and Leonard
Hochstein. who declared that. being dcsIr"us
OF forming a corporation undSS thc laws @,
the State OF Louisiana, they IN formed and
organized. and by these presents do form
themselves into and constitute a corporation
aud body polite in law. binding themselves.
their successors and those who may become
associated with them. under the following
terms and conditions. to-wit:
ARTICLE l;.Ihe name of The Sorpor9atiI,nIn
shall be LAZARE LEVY SHRIMP COM:
PANN. Its domicilc shall he in the city Of
New Orleans. and it shall have its corporate
existence for uiuety-uine years from the date
hereof. unless sooner dissolved according to
I ARTICLE 1.-THE objects and purposes for
which this corporation i established, and the
| nature OF the business to he carried on are
| hereby declared to he the buying and selling
| at wholesale and retail OF shrlmPS, oysters
! and other commodities that might be here
| after determined by the Board OF Directors !:
| also TO can or otherwise preserve tor sale
| shrimp and other fOodStuffS; and IN fact the
| buving and selling AZ wholesale and retail OF
| any merchandise without any restriction
| whatsoever. with the right and power to do
| any and all things necessarily connected with
| or in any manner incidental to the aforesaid
| purposes. and the owning OF real estate.
| ARTICLE III.-The capital stock OF this
| corporation j. hereby declared to be the sum
of ten thousand Cl0OO0Ol 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
| 10y the corporation.
| This corporation shall he a going concern
when three thousand tSS.OO0oU dol lars OF said
stock shall have been subscribed and paid
| ARTICLE IV.-All corporate pdwers of the
| corporation shall be vested in a Board OF Di-
rectors consisting of not less than three or not
more than seven stockholders. The trNt
| Board of Directors shall be composed Of La
zare Levy. Joseph l." Cain, Leonard itnch-
! 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, 1918. and OF each year
| there after, 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-
y.
! Board of Directors may elect. The offices OF
| Secretary and Treasurer may be combined IN
| one person, but the Secretary need not be a
| stakeholder or member of the Board, and may
! be selected by the latter at any meeting de
/ tcrmined upon by the Board.
! Until after the first election IN January,
| 1915, the following shall be the OFFICERS:
| I.azarc 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 III an officer
thereof or some other designated person.
| ARTICLE N.-This charter may be amend
| ed modified or altered, or the corporation dis
| solved at any time by vote of three-tourthS
| of the stockholders in general meeting CON
| vened called for that purpose by the Board OF
| Directors after ten days notice IN writing TO
| each stakeholder; and whenever this corpora
! ton shall he dissolved by limitation or other
| wise, its affairs shall be lquidated by the
| Board of Directors then in office, and in case
of the death of one or more OF them, the sur,
| vivor or survivors shall continue to act and
| fill Vacancies.
| ANY vacancies occurring in the Board of Di-
| 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,400;
Arthur Schmidt, per s. Goldman, one share.
500; Samuel Goldman, one share, 500.
JAMES H. FINLEY.
| JOHN A. WENTWORTH.
| /, the undersigned Recorder of Mortgages,
| in and for the Parish of Orleans, State of
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 ll27,
Folio 200, New Orleans, July End, 1914.
EMILE J. LEONARD, by. Oh.
| A true copy.
MARTIN II. MANION. Notary Public
aug Is % u sept 10, 1914