The herald., 1914-07-30
CHARTER
UT VI. u NNNJI.IlsN Y U.
UNITED STATES OF AMERICA. STATE
OF LOUISIANA. PARISH OF OR.
LEANS- EIIN OLE NEW NRIEANS

| OF LOUISIANA. PARISH OF OR
LEANS, CITY OF NEW ORLEANS.
BE it known, that this 22d day Of July.
| in the year Of our Lord one thousand nine
| hundred and fourteen, and of the independ-
enCe of the United States of America the
one hundred and thirty ninth, before me. J.
| Henry fOrCelle, Jr., a notary public duly
commissioned and qualified in and for this
| city, parish and state, therein residing. and
| IN the preSenC" of the witnesses hereina fte
named and undersigned, personally came and
Iappeared: (lD Max. f. Sanders, (2D Erich
| III. HentZen. 80 William g. Schaefer, all of
lawful age and residents Of this city, who
! declared: that. availing themselves of the
provisions of the laws of the state Of Lou
| tions in general, they do hereby form a cor
| porati for the term of ninety-nine years
from this day under the name of NJ. Z.
SANDERS Il co, with a domcile in this
city of New Orleans, parish of Orleans state
| OF Louisiana, for the purpose Of engaging in
the business Of fruit and produce commits
SONS TO receive on consignment, and to be
sold for consignors' account; also to buy
and sell outright.
: The capital stock of this corporation shall
be ten thousand dollars CSIO.O0OOO), divided
into one hundred shares of the par value of
one hundred dollars (S1OO.OO) each. which
shall be paid for when issued, in cash. or
other property, or for services rendered, as
decided by the board of directors.
This corporation shall begin business as
soon as three thousand dollars (S3, 900. OO)
| of its capital stock shall have been sub
scribed, and shall have all the powers grant
| ed to such corporations by law, and more
Especially the powers to contract, sue and
| be sued in its corporate name TO hold re-
| iceiye, lease, purchase sell, convey, mort
gage, affect and hypothecate property, both
real and personal, and to name and appoint
sush officers as Its interests may require.
The business OF this corporation shall be
conducted by board of directors composed
| Of three stockholders. who shall be elected
by majority vote Of the stockholders on
the 10Th day OF January, 1915. and annually
thereafter. Elect Ions are to be held after
ten days notice in writing shall have been
sent by mail to each stakeholder. Each
share of stock shall be entitled to one vote
by the owner thereof, or his agent.
The board OF directors. elected as above
provided, shall select from their number, a
president, Il vice-president, and a secretary
treasurer at their first meeting after their
election; any vacancy occurring among the
directors or officers of this company shall be
hlled by the board Of directors. 4 majority
Of the board of directors shall constitute a
quorum.
VI +. Sanders, L. II. Hcintzen. and W. G.
SchacferS shall constitute the first board of
directors, with NJ +. Sanders 2s president,
T.. II. HelntZcn as vice president and W c.
Nchaet"r IS secretary treasurer and they
shall hold office until the 18th day of Janu-
AIRY, J9l1, or until their SUCCESSORS are duly
G''ytrd and qualified. In the event Of the
death. resignation. or inability to act. Of any
! or me SAID ahov"-namod members of the first
board pf directors between now and the 18th
! day OF January, 1918, the remaining mem
hrrS shall hil tho vacancy. or vacancies. ey-
| I>lins on said board, until the next election
under this charter.
All citations shall be served on the presi-
| hrhj, or in his absence or inability TO act
On me Nlee-preSidrnt, or in default of these
| on IN" SetTeflry-trelSurpr
| No transfer Of stock by a stockhoIdor shall
| ne binding on this corporation unless tho
same appear on the books thereof and nm
less SAID stock shall have been first offered
! Tor sale TO the board Of directors of this cor
| porailon. and they shall have refused within
ten days from said Offer TO purchase said
stock at its market value.
II for any reason all the Offices Of this
corporation should become vacant either nv
death or resignation OF said officers and mem
hers OF the board OF directors at one and
the same time, so as 10 leave the COrnora-
ton without officers and directors before
the time fixed for the annual meeting of the
stockholders rs hereinabove provided for.
then and in that event the stockholders Of
this corporation shall, at a special meeting
after three days notice in writing mailed 10
each stockhOlder at his last known address
elect new officers and directors. who shall
NIL the vacancies so existing until the regu-
lar election as provided for in this charter
At the termination of this charter or II
sooner dissolved, the affairs of this CORPORA
tion shall he liquidated by two Commission,
ers selected by the stockholders of this cor
poratioa at special meeting called for