The herald. [volume] (New Orleans, La.) 1905-1953, 1916-11-02
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.frst
| day OF the month Of October, in the wear of
our Lord one thousand nine hundred and
sixteen, before me, Cuthbert 5. Baldwin,
notary public, duly commissioned and
| qualIhed, IN and for the parish and state
aforesaid, therein residing, and in the pres
ence OF the witnesses hereinafter named and
Undersigned, personally came and appeared
the persons whose names are hereunto SUBJ
Scribed, all OF the full age of majority and
residents OF this parish and state who sew
eraHy declared that, availing themselves of
! me provisions of the act of the legislature
OF TINS state, known as Act 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 10 form and constitute a corporation
or body polite in law, for the objects and
purposes, and under the stipulations follow.
ing, to-wit:
poration shall be Ferry Hackney Grocery
Company, lnc.,' and it shall have and en-.
Joy succession and existence for a period
OF nlnety-nlne years from date hereof. 1t
shalI have the power and authority TO sue
and be sued in its corporate name, in any
court OF competent jurisdictions; to contract;
10 make and use common seal and alter
ihe same at pleasure; to acquire property,
oy grant, gilt, purchase and by devise or
Oequest; TO lease, hold and dispose Of, and
10 mortgage and TO pledge the same, all sub
leCt TO limitations as 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 to FIX their compensation
TO name directors and managers, and to
make and establish bylaws, rules and reg
ulatlons for the management of the business
affairs of said corporation as NAV 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
1t are stated and declared to be as 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-
chaudise the board of directors may see
mt, which may be necessary or incidental
to the conduct and operation of such bust
ness.
Article IV.-The capital stock of this cor
poration 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 eaGh
share shall be paid for in accordance with
aw, 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 on the books thereof.
Article V.-The corporate powers of this
corporation shall be vested in a board of
directors TO be composed 1t four directors,
two of whom shall constitute quorum for
the transaction of business, to be elected by
the stockholders at a general meeting to be
held annually on the third Monday in jan
uary of each year.
At all meetings for elections of this cor
poration, 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 bust |
ness affairs of this corporation; shall elect |
from their number a president, iee-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, !
" no shall act as president; Edward Haspel, |
who shall act as vice-president; George L.
who shall act as secretary-treas- 4
Irer, and Max Hubert.
Article VI.-The capital stock of this cor
,oration may be increased or decreased at
my time in accordance with the laws of /
his 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-
1ened for that purpose, after Fifteen days |
previous notice of such meeting shall have
,een given as required by law.
Article VII.-No stakeholder of this corpo-
alton shall ever be held liable for any of
he Indebtedness, contracts or faults thereof,
n any further sum than the unpaid balance
lue the corporation on the shares owned by
lin, nor shall any informality in the organ
ration have the effect of rendering this
hsrter null, or of exposing shareholder
o any liability whatever.
ArtNle VILLA failure at any time to
lod meetings or elect directors or officers
IS herein provided, shall not work forfeit
ure of this charter, or dissolve the corpo-
alton, but the existing board of directors
nd officers shall continue in office until their
uccessors in Office have been elected.
Article IX-At the expiration of this char
er, unless sooner dissolved, its affairs shall
o be appointed by the stockholders in meet
ng assembled for that purpose, and who are
invested with full power to sell all the assets
nd property, real and personal, Of this cor
Grafton, to convey full and complete title
hereto, and TO do and perform all acts essen
ial to a full and complete liquidation of the
fairs of this corporation, and to divide the
roceeds, if any, in accordance with law.
Thus done and passed at my Office in the
ity of New Orleans, Louisiana, on the day
nd date first above written in the presence
Norman L. Carter and Chas. J. Larkin,
r, competent witnesses, whose names are
ereunto subscribed together with the said
ppearers and me, notary.
Original signed: John Ferry, 1901 Baronne
treet, 49 shares; Geo. L. Hackney, 4lo2
rytania Street, 49 shares; Edw. Haspel,
~ ST. Charles Avenue, l share; Max HUI
ert, 5525 Camp Street, / share.
Witnesses: Norman l. Carter, Chas. ].
arkin, Jr.
CUTHBERT S. BALDWIN,
Notary Public.
I, the undersigned recorder of mortgages,
| and for the parish of Orleans. State of
nd foregoing act of incorporation of the
rry-Hackney Grocery Co., Inc, was this |
ay duly recorded in my Office, in book I2ol,
{Si, Ms E EM1 9lein'' e 4ei i'lS d.
A true CODY.