The herald., 1916-10-12

Article 1.-The name and title of this cor.
poTatlon shall be H. p. Wall & Co.. Inc
ArlcIe 1.-The purposes and objects for
"hich tins corporation is organized, and the
nature of the business to be carried on by
A. are stated and declared TO be as follows:
| 10 manufacture, and 10 buy and sell trads
and deal IN, az wholesale or retail grocsrirs
provisions. food supplies, produce, wares,
merchandise and articles OF domestic and
h2useloId use; cigars. cigarettes and all
totler forms and products OF tobacco; candies.
lcakeS and all other COnfeCtiOns; soft drinks
and beverages; TO purchase, acquire and sell
any and all patent rights and improve meth
OBS, processes and machinery, plant and
property necessary and proper for the trans.
action and carrying on OF said businesses
ana al Its branches; to acquire and under
take all OF any Of the business, assets and
| laDllltleS OF any hrIn, association or cor
operation engaged in like business. or bus.
A lnesSeS, and to pay for the same in cash
STOCK OF ms corporation, or otherwise.
Article lll.-Ihe capital stock OF this cor.
4 poration IS hereby fixed at the sum OF twenty
| thousand dollars, CSO,OOOOOI, divided into
| two hundred shares OF the par value of one
hundred dollars, tSlOO0, each, TO he paid
Tor IN cash, or its equivalent in labor or
property. This corporation shall he 4 going
| concern as soon as fifty per Centum OF said
| capital stock shall have been subscribed for,
| ana MY per centum OF the amount so sub
| >crlDed actually paid in. All transfers Of
stock shall he made the books of the
corporation, by surrender Of the original GER
tihcatc, properly endorsed for cancellation
| 10y the slockholder, in whose favor said stock
| Is issued, or by his duly authorized agent
None of the stockholders shall have the
riGnt to transfer or assign any Of the share
held by any Of them without having FIRST
| otered the same TO the board OF directors
which shall have the right to purchase them
tor the benefit Of the corporation within five
days thereafter. al their book value as shown
by the stocktaking last preceding the trans
fer. All shares purchased by the corporation
may be reiSsued by 1t at not less than their
par value
Article IV-The capital stock OF this cor.
poration may, on complying with all the re-
quisiteS of the law, be increased to the sum
OF one hundred thousand dollars (SlOOOO0OO).
Article N.-The domicile of this corpora
ton shall be in the city OF New Orleans.
State OF Louisiana, where all citation or
other legal process shall he served on the
president or III his absence, the law d.
Article VI.-This corporation shall have and
ENJOY succession and duration for a period |
OF nInety-nlne years from the date hereof.
corporation shall be vested in and exercised |
by a board of directors. composed OF three |
stockholders, who shall be bona fde owners !
OF the stock standing in their names and |
which stock shall be unpledged and unen-
numbered by them. two OF which directors |
snail constitute quorum for the tranSac-
ton OF all business.
Until the first Monday of October 1917.
the following named persons shall consti-
iute the board OF directors of this corpora.
ton, tO-wit:
wan, NLlOSS pOstoUlCe address |
is 64j Carondelet street, New Orleans, La;
James NJ Wall, whose post.office address j.
iS Camp street, New Orleans, La; and
Numa +; Bertel, whose post-oftoe address is
care Of Whitney Central National Bank, cor
ner OF 81. Charles and Graver streets, New
Orleans La.
Thereafter, the board of directors shall be
OF three stockholders who shall be
elected annually, beginning on the first
Monday of October 1917: any stakeholder
shall be eligible to membership without re.
gard to the number Of shares owned by him.
All elections shall be by ballot. and each
stakeholder shall be entitled 20 one vote for !
each share OF stock standing in his name on
the books OF the corporation; the vote to be
a majority of stock present, or represented ;
to elect. Failure 70 elect board of direc- !
tors on the hTst Monday of October, 1917. or
thereafter, shall not work forfeiture OF this .
,harter, but the old board of directors shall
-emain in office until their successors are !
elected and qualified. ..
Article VIII.-The board of directors shall I
lold regular meetings at the domicle of the b
Ill the directors, elsewhere, within or with {
tut the state of Louisiana. at such time as b
nay be fixed by the bylaws of this cor. p
,oration. a
Any vacancy occurring In the board of v
directors, either from death, resignation or 4
inability TO serve, shall be filled by the
'oard of directors at its next meeting after p
UGH vacancy shall have been brought to its 1
ip
Article IX-The officers of this CORPORA. e
ION shall consist of a president, a vice-pre d
dent. a secretary, and treasurer, each of q
7hom, with the exception of the secretary D
rust be stakeholder; the secretary may or a
nay not be a stakeholder; the Offices of u
ecretary and treasurer may be held by one St
nd the same person. Until the election to C
e held in 1917, the following named persons s.
ION: Horace P. Wall, as president: Nuna II
!. Bertel, ice-president, and lanes NJ | D
Vail. as secretary-treasurer.
Article Mn furtherance of the above r'
powers, and OF the powers con- d
erred by the laws Of this state, and not g
n limitation thereof. this corporation shall .
ave the following powers: a.
(a) To invest, as it does hereby invest, a.
essors. with all corporate powers; 81
CD To have succession in its corporate e.
anne tor the time above specifed; a.
(c) To sue and be sued by its corporate II
anne IN any. court Of competent jurisdiction; g
Id To make and use a common seal, and o.
alter the same at pleasure; @'
teD 10 acquire property by grant, gift and
lrehase; and TO lease, hold, or to dispose ii
!. and to mortgage and pledge the same; p
III 10 appoint such officers and agents as al
e business OF this corporation may require; Sc
Id to nix their compensation; iuI
(g) To make bylaws, fixing and altering of
e management OF its property, the regula- as
on and government of its affairs. and the
amer and certihcation of its stock: fo
(h) To wind UP and dissolve itself: de
ID To conduct business in this state, or m;
her states; the Federal Districts and Ter lie;
tories, and the possessions of the United La,
ates and in Foreign countries; en-
ID To hold stock in other corporations; to
ID the capital stock of this corporation NAV sa
issued for the capital stock of other cor ci1
rations. otf
Article XI.-This charter may be altered ge'
d amended in any manner, including the aO
crease or decrease of its capital stock and
: affairs Of the corporation wound up and poi
SOLVED IN the manner, and on complying SUI
tn existing laws. div
The incorporators have placed opposite sha
,ir respective signatures the number of IdI
n have, respectively, subscribed which a.
to be taken and considered as the orig aL
i subscription list of this corporation, I
which is TO be recorded as such The shs
.t-ofhce addresses Of all of said sub IN
ibers, they composing the board of direc- | iss,
5 of this corporation, will be found stated PAL
Article VII hereof ere
md here the said Horace p. Wall. lanes Tvs
Wall and Numa f. Bertel declared that SoJ;
y are the sole and only members of the SGT
1mercial firm or partnership known as A
their respective interest in said firm corl
partnership is as follows: H. p. Wall, pan
ixty-four one hundredths; James NJ Wall | sha
hirty-hve one hundredths; and Numa f bee
tel, a one hundredths; that the said tior
4 or partnership owns and conducts unit
-cantile establishment at Number 643 Car boo
elet street, in this city, and there pur- tran
ses, sells and distributes groceries. cakes, to
dies. chewing gum, cigars, etc; that the stoC
cription of the property, or assets of said tior
l, as to the amount, location, extent char n
n, and of its good will is contained in bay