The herald. [volume] (New Orleans, La.) 1905-1953, 1916-02-03
CHAR TER
OF STANDARD MANUFACTURING COM
PANH, INCORPORATED.
State Of Louisiana, Parish Of Orleans, City OF
New Orleans.

/ State Of Louisiana, Parish Of Orleans, City o
, New Orleans.
2 Be it known and remembered, tina; on thi
l2th d4v pi the month % January, IN INT
/ year one thousand nine hundred and sixteen
and Of the independence u the United SiI't
+ + America. the one hundred and i'Ity-iFsl
. before ne. Never : Drclil>. notary pu5!l
. dlfv commissioned and qualified, and III th'
! presence Of the wl:ur>se, hereinafter nance
and undersigned, personally came ara ap
I reared the persons whose names are hcTet
/ Subscribed who declared that. avaIling them
/ selves ii the provisions Of the laws OF tins
state relative 10 the organization 81 corpora
. tons. and more particularly 10 ACt 20 OF INK
4 General Assembly OF the state Of Louisiana
Tor the ycl- nineteen hundred fourteen, they
I have cpycrautcd and ag-cci, and DO by these
presents covenant and agree - oid, Torn
and constitute themselves, as well as suct
/ other persons IS may hereafter JOIN or be
! come associated with them, ioT the purpose o.
acquiring a portion OF thc capital stock OF
. this corporation, into an association ana Oody
polite On law, for the objects and purposes
and under the agreements and stlpllatIor'
hereinafter set forth, to-wlt
Article The name and title Of this cor.
p1ra'ion shall be the standard Manuilctur'
ing Company, Inc and under thar name II
shall have and enjoy all the rights. privi'
lrgrs and advantages conferred by the state
of Louisiana on corporations IN general, and
shall exist for period Of nincty-nine years,
unless otherwise dissolved, beginning from
the dale Of this act OF incorporation. ~
shall have power and authority - sue and
De, sued. T. buy and sell. hold, own, lease,
mortgage and hyp1thccate and pledge prop
erty, real, personal and mixed; 10 name,
elect and appoint managers, directors ana
clerks and other employees to properly con-
duct its corporate business. and to make by
laws, rules and regulation, as may be found
necessary or desirable Tor the managcment OF
this corporation, and shall do everything 10
correctly carry out il, objects and purposes.
Article 1.-THE d,micrlc of this corpora
tiuu 8 hereby declared Co be the City of New
Orleans, state of Louisiana. All citations
and other legal process shall be served upon
the president. and m the absence OF the prcSi-
dent on the vIccPrcsdcut, and IN the absence
OF both of them, upon the secretary treasurer
Of the corporation
Article III-Thc objects and purposes for
which this corporation Is organized and the
business 10 be conducted by 1t. are declared
% hc general business for the manufacture
IF table condiments. and more particularly
the manufacture Of vinegar, pickles, pepper
sauce. mustard, havorug SyrupS, ammonia,
bird seed, kctChup, and such other articles
as may bee used for the seasoning OF food.
Article IV.-The capital stock of this cor
poratIou l. 10 be i've thousand dollars 'S5DW
divided into I'VE hundred $500 shares at the
par value Of ten dollars $1,000 per share.
Said stock shall be represented by certIh-
Gates Of stock, and N he issued az such times
and for such amounts, at the price and upon
such terms and conditions as the board Of
directors shall see nj and proper. and shall
be paid for in cash, or its equivalent in prop
crty. as the board Of directors shall decide
All shares shall he full paid and nou-a>seS-
sable. No stakeholder shall have the right
to sell or otherwise dispose of his stock in
this corporation, without first offering same
10 this corporation, and 10 the individual
members OF this corporation, at the book
value thereof, and this corporation is author
Ized 10 purchase said stock at said book
value for the benefit OF the other Stockhold-
ers of the corporation. Should the corporation
decline TO purchase said stock the share
holder shall have the right Of option to offer
said stock for sale to any other person or
persons, firms or corporations.
Article N.-ThS corporation shall be go
ing concern when the entire capital stock
shall have been subscribed and fully paid for.
Article Vial the corporate powers of this
corporation shall be vested in and the man
agement and control Of its business and al
fairs conducted by board of directors COM
posed Of three stockholders, two OF whom
shall constitute a quorum; no member OF said
board to own subscribe for less than
share Of stock. Said directors shall be
elected by ballot at 4 general meeting OF the
stockholders on the second Monday III Jam
uary, 1910; and annually thereafter on that
day. Every stakeholder shall he entitled, in
person or by proxy, to one vote for every
share OF stock owned by him. All elections
shall be held under such rules and regula-
tions as may be determined by said board OF
directors. Ten days written notice, directed
to the last known address of every stock
holder shall be given of all elections.
The directors thus elected shall continue in
office until the second Monday of January,
isl7, or until their successors shall have been
elected or qualified; any failure to elect Off
sprS pr hal he
forfeiture of this charter. Any vacancy &C. |
,urring IN the board Of directors shall be !
llled by the remaining directors for the un- |
expired term. majority of the stockhold |
RS at a meeting shall constitute a quorum |
or the transaction Of any business.
Said board of directors SHALL at its first |
Meeting after Its election. elect out of its |
,wn members a president, vce-president and |
secretary-treasurer; and said board shall |
lave the power in its discretion to unite two |
n more othCerS, the same to confer upon one |
person. Said board shall have the power |
o appoint and dismiss such officers agents, |
Jerks and employees they may deem ad- |
'Isable, and to FIX their compensation.
Said board of directors is especially vested |
With the power and authority to mortgage or
hedge the property, real personal and mixed, |
II the corporation they may deem fit and |
roper; to purchase, hold, own, mortgage,
hedge. lease and dispose of real estate i'm
'roved and unimprOved, city and country;
ther evidences of debt, and to borrow and
end money on same 10 and from individuals
rms and corporations, at such times. for such
rlces and upon such terms and conditions
5 they may deem advisable.
Said board Of directors shall make all the
ules, regulations and bylaws for the gov
rnment, control and management of the bus
ness and affairs of the corporation, and alter,
mend and change the same at pleasure.
The following stockholders are hereby de-
Jared to be the first board of directors of
his corporation, all of whom shall hold Office
ntil the second Monday of January, 1917, or
ntil their successors shall have been elected
nd qualified. Laurence Campbell, residing
I go st. Charles street, Albert Cromwell,
esiding 4627 DIIemecOurt street, and Morris
tern, residing 1901 Robert St, with Lau-
ence Campbell as president, Albert Crom-
ell, vice-president and Morris Stern as sec.
etary aSurer.
Article Vino stakeholder shall ever be
eld liable or responsible for the contracts
r faults Of said corporation in any further
am than the unpaid balance due on the
lares Of stock owned by him nor shall any
ere informality in organization have the
fleet OF rendering this charter null or ex-
Dsing stakeholder to any liability beyond
re amount Of his unpaid stock, nor shall any
ltormalty or irregularity in organization ever
ave the effect of rendering any stakeholder
able as partner.
Article NIII.-This act of Incorporation
nall be changed, modified or altered or this
operation shall be dissolved, with the as
ent OF twO-thirds of the stock of the cor
oratIon, present y represented at a general
Getting called fer that purpose, after prior
Office IN writing to each stakeholder or
ailed to him at his last known post Office
1dress, IN accordance with the terms OF Act