The herald., 1916-01-13
CHARTER

/ OF "HOLMES GROCERY COMPANY. INC %
I state - Louisiana, Parish of Orleans CITY
Of New Orleans.
BE 1t known, that on this twenty-niu,h day
81 December, m the year one thousand nine
hundred and fifteen, before me- Harry l.
LOOMS, Jr, notary public. duly commits
stoned and qudllncd, and for the parish Of
! orleans, State OF Louisiana, and IN the pres
: e"Ce ot the witnesses hereinafter named the
Undersigned personally came and appeared:
The several persons whose names are here.
unto subscribed, who declared that avaiIing
( themselves OF the laws of the State of Lou
lsianl, and particularly # the Act No Dol
Of the year 1914 Of the General Assembly Of
said state, they have cuvcuantcd and agreed
and do. by these presents, covenant and
agree, bind and form themselves. and those
VINO may hereafter become associated with
them, into corporation and body polite in
law, Tor the objects and purposes, and under
the agreements and stipulations following
tD-Nit:
Article THE name Of this corporation
shall be the Holmes Grocery Company. Inc "
and under that name it shall enjoy all rights
and privileges granted by law 10 corporg-
tons. II shall exist FOR a period Of fifty
years from this day, and shall have power to
contract, sue and be sued III its corporate
name, to make and use corporate seal 10
mold, receive, purchase, Ira-c. convey, sell,
mortgage, hypothecate pledge property,
both real and personal; to issue notes, bonds
and other obligations. to have and employ
such managers, directors, officers, agents AMI
other employees the interests and conye-
mcECe OF said corporation may require; to
make and establish such bylaws, rules and
regulations for the proper management and
control OF the affairs OF said corporation,
through its board of directors, as may be nee.
esSary and eypedent.
Article 1.-THE dOmicle OF said corpora
uon shall be IN the city Of New Orleans, La,
and all citations and other legal processes
shall be served on the president, in his alb
senoe on the vlce-president. and in the alb
SenCe Of the two, then on the seCretary-treas-
urer OF said corporation.
Article lII.-The object and purpose of this
corporation Is hereby declared to be the car
ryIng on, in the city OF New Orleans, OF the
grocery and liquor business, wholesale, retail,
Or both.
Article IV.-The capital stock Of this cor
poratIou Is fixed at twenty thousand dollars
(S0,OOOOOD, divided into two hundred shares,
OF the par value OF one hundred dollars each,
which shall be issued for labor done or money
or property actually received, and shall be
paid for at such times and i'll such INSTALL
ments as the board OF directors may direct
SAID capital stock may be increased to an
amount not exceeding one hundred thousand
dollars (Sl0OOOO0).
Article V.-All the corporate powers Of this |
corporation shall be vested in 4 board OF
directors composed of not less than three, nor
more than five stockholders, a majority OF
whom shall constitute a quorum for the trans |
action of all business. Said board shall be |
elected annually and Immediately after their |
election shall select from their number a |
president, vice-presIdent secretary and treas |
Irer, and the offices Of secretary and treasurer
may be consolidated into one at the disCre |
hon OF the board. Said election shall be held |
IT the dOmCile OF the corporation after fifteen 1
lays written notice to each stakeholder, de- !
iyered to him personally deposItIng the |
same in the post office, addressed to him at 1
lis last known address. Each share OF stock |
shall be entitled to one vote cast by the /
H.,
ority Of the votes shall elect. Failure to
.lect at any annual meeting shall not result |
n a forfeiture Of this charter, but the direC-
orS then in office shall continue to serve
until their successors have been duly elected |
md qualified. Any vacancies occurring on
he board of directors may be filled by the
emaining directors. The board shall have
he right at any time to increase its number,
aid increase. however, not to exceed five
directors. The first election for directors
lnder this charter shall be held in 1917. on
he first Monday in January, until which
ime, or until their successors are elected and
qualified. the first board of directors under
his charter hereby declared to be: z. ].
Iolmes, post office address 1874 Joseph Street,
Jew Orleans, La; John T. Holmes, post Office
ddress pos St. Charles Avenue, New Or
cans, La; f. ]. Hartmann, post office ad-
reSs 222O Marengo Street, New Orleans La. |
,. J. Holmes shall be the president, John T.
holmes, the vice-president, and F. ]. Hart
1anr, the secretary treasurer Of the corpora
ion.
The directors above named are the sub
cribers to this act of Incorporation, and the
lumber Of shares of stock which each agrees
D take is as follows: 7. J. Holmes, IS
hares; John T. Holmes, IS shares; F. J.
hartmann, 20 shares, which shares will be
aid for in cash.
Article VI.-This charter may be amended
r the capital stock increased decreased
Y a vote of two-thirds of the stock at a
leeting called for the purpose, after fifteen
avs written notice served each stock
older in person by depositing the same
4 the post Office addressed TO him at his last
nown address. The dissolution and liquida-
on of this corporation shall be provoked and
arried out as provided by law.
Article VII.-No stakeholder shall be held
able or responsible for the contracts or
iultS of the corporation in any further sum
nan an amount equal to the unpaid balance
n the stock for which he has subscribed, nor
hall any mere informality in organization
ave the effect of rendering this charter null
r OF exposing a stakeholder 10 any liability
ran as above provided.