The herald. [volume] (New Orleans, La.) 1905-1953, 1916-11-16
CHARTER
OF FERRY HACKNEY GROCERY COM
PANY, INC.

CHARTER
OF FERRY HACKNEY GROCERY COM
PANY, INC.
State of Louisiana, Parish of Orleans.
BE it known. that on this the twenty first
| day Of the month OF October in the year OF
our Lord one thousand nine hundred and
sixteen, before me, Cuthbert ). Baldwin,
4 notary public, daily commissioned and
qualihed, IN and for the parish and state
aforesaid, therein residing, and in the pres
ence OF the witnesses hereinafter named and
the persons whose names hereuntO sub
scrlbed, all of the full age of majority and
residents of this parish and state, who sew
orally declared that, availing themselves OF
the provisions OF the act Of the legislature
! Of this state, known as Ac, No. 267 of the
acts of the Session Of 1914, they do, by these
presents, covenant, agree and bind them
selves. as well as all such other persons as
may become hereafter associated with them,
IN order TO form and constitute corporation
or body polite in Law, for the objects and
purposes, and under the stipulations follow
ing, tO-wIt:
Article 1.-The name and title of this cor
poration shall be Ferry Hackney Grocery
Company, lnc," and IL shall have and en-
JOY succession and existence for a period
OF ninety nine years from date hereof. 1t
shall have the power and authority 10 sue
and be sued in its corporate name, in any
court OF competent jurisdiction; to contract ;
to make and use a common seal and alter
the same at pleasure; TO acquire property,
by grant, gift, purchase and by devise or
bequest; TO lease, hold and dispose OF, and
10 mortgage and TO pledge the same, all sub
Ject to limitations may be provided by
law; TO issue bonds and notes; to borrow
and lend money; to appoint such officers and
agents as the business OF the corporation
may require, and 10 nix their compensation !;
to name directors and managers, and TO
make and establish bylaws, rules and reg
ulatIons for the management OF the business
affairs OF said corporation may be re-
| quisite and necessary.
Article 1.-THE domicile of this CORPORA
ton shall be in the city of New Orleans,
State OF Louisiana, where all citations and
other legal process shall be served upon the
proper officers thereof
Article lII.-The objects and purposes for
which this corporation Is organized, and the
nature OF THE business to be carried on by
| II are stated and declared TO be follows:
| 10 conduct and operate wholesale and re-
tail grocery, wine, and liquor business, as
well as TO purchase and sell by wholesale
| and retail such other goods, wares, and mer-
| chandise the board OF directors may see
| mt, which may be necessary or incidents al
! 10 the conduct and operation OF such bust
ness.
Article IV.-The capital stock of this cor
pordtIon IS hereby declared to be the sum
| Of twenty thousand dollars. divided into
/ two hundred shares OF the par value of one
hundred dollars each; the amount of each
| share shall be paid for in accordance with
| law, and this corporation shall be operative
and go into business and become a going
concern when one-half of its capital stock
| shall have been subscribed and one-fourth
paid for, to.wit: at the execution OF these
presents. No transfer OF stock shall be
binding upon this corporation unless same
| appears the books thereof.
Article N.-The corporate powers OF this
! corporation shall be vested in a board of
| directors TO be composed of four directors,
| fun Of Lha IA
| the transaction OF business, TO be elected by
the stockholders at general meeting TO be
held annually on the third Monday IN jan
uary OF each year.
| At all meetings for elections of this cor
poraton, each stakeholder shall be entitled
| TO one vote for each share of stock standing
| in his name on the books of the company.
| The board of directors shall have the
power TO make all bylaws, rules and regula-
tions necessary for the conduct OF the BUSH
ness affairs OF this corporation; shall elect
from their number a president, vice-president
and secretary-treasurer.
| Until the election to be held as herein
above provided the following shall consti.
tute the first board of directors: John Ferry,
who shall act as president; Edward Haspel,
who shall act as vice-presldent; George L.
Hackney who shall act as secretary-treas
urer, and Max Hubert.
Article VI.-The capital stock of this cor
marathon NAV be increased or decreased at
any time in accordance with the laws of
| this state. This charter may be amended,
altered or modified, or the corporation DIS
solved by a vote of two-thirds OF the stock
holders, voting by shares at meeting con-
vened for that purpose, after fifteen days
previous notice of such meeting shall have
been given as required by law.
Article VII.-No stakeholder of this corpo.
ration shall ever be held liable for any OF
the Indebtedness, contracts or faults thereof,
| in any further sum than the unpaid balance
! due the corporation on the shares owned by
him, nor shall any informality in the organ
izatiOn have the effect OF rendering TINS
charter null, or OF exposing q shareho DER
| to any liability whatever.
Article VILLA failure at any time to
hold meetings or elect directors or othcers
as herein provided, shall not work tortei-
| ture of this charter, or dissolve the corpo-
ration, but the existing board OF directors
| and officers shall continue in office until their
successors in Office have been elected
Article IX-At the expiration Of this char
| ter, unless sooner dissolved, its affairs shall
| be liquidated by one or more commissioners
TO be appointed by the stockholders IN meet
| ing assembled for that purpose, and who are
invested with full power to sell all the assets
and property, real and personal, OF this cor
poration, to convey full and complete title
| thereto, and to do and perform all acts essen
tial to a full and complete liquidation OF the
affairs of this corporation, and to divide the
proceeds, if any, in accordance with law.
Thus done and passed at my Office in the
city of New Orleans, louisiana, on the DAY
and date FIRST above written in the presence
of Norman L. Carter and Chas. ]. Larkin,
IT., competent witnesses, whose names are
| hereunto subscribed together with the said
| appearers and me, notary.
| Original signed: John Ferry, 1901 Baronne
Street. 49 shares; Geo. L. Hackney, 4l0Z
Prytania Street, 4o shares; Edw. HasPel,
| 72l7 St. Charles Avenue, ! share; Max HUI
| bert. s525 Camp Street, share.
| Witnesses: Norman L. Carter, Chas. J.
| 7 artin Tr
''A' N' - CUTHBERT S. BALDWIN,
Notary Public
I, 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
Ferry. Hackney Grocery Co, Inc, was this
day duly recorded in my office, in book laol
| folio SIS New Orleans, Oct. q, 1916.
(SignedD EMILE ]. LEONARD, by. K
| CUTHBERT S. BALDWIN,
I (SEAL) Notary Public.
Oct 26 nov 2 9 is y 20