The herald., 1916-01-20
CHAR


Of HOLMES GROCERY COMPANY. INC"
State Of louisiana, Parish Of Orleans, City
OF New Orleans.
BE It known. that on this twcnty-uiurh dav
Of DccewJcr. in the year one thousand nine
hundred and fifteen, before me- Harry /.
LOOMS. Jr., a notary public, duly commits
stoned and qua,lncd, IN and for the parish of
Orleans, State Of Louisiana. and IN the pres
cuce Of the Witnesses hereinafter named the
under, gucd personally came and appeared.
The several persons whose names are here
unto subscribed. who declared that availIug
themselves OF the laws OF the State OF Lou
isiana, and particularly OF the Act No. 26I
If the year 1914 Of the General Assembly OF
said state, they have coveuantcd and agreed.
and do. by these presents, covenant and
agree, bind and form themselves, and those
who may hereafter become associated with
them, into a corporation and body polite in
law, for the objects and pu poses, and under
the agreements and Stipulaiions following,
to-wit:
Article 1.-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 TO corpora
lions. 1t shall exist for a period OF fifty
years from this day, and shall have power u
contract, sue and be sued IN its corporate
name, to make and use a corporate seal 10
hold, receive, purchase. ira-r, convey, sell,
mortgage, hypothecate OF pledge property,
both real and personal; 10 issue notes, bonds
and other Obligations, to have and employ
!
other employees as the interests and couve-
uierCc 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
cssary and eXpedIeut.
Article 1.-THE dDmicile OF said corpora
ton shall be IN the city OF New Orleans, La,
and all citations and other legal processes
| shall be served the president, IN his alb
SenCe on the vice president, and IN the alb
Seuce OF the two, then on the secretary treas
urer OF said corporation.
Article III.-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
| poratiOn is fixed at twenty thousand dollars
! (S3O,OOOOO), 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 shan be
paid for at such times and IN such INSTALL
| nentS as the board OF directors may direct.
| Said capital stock may be increased to an
| amount not exceeding one hundred thousand
dollars (Sl0O,00OO.
| Article E.-All the corporate powers OF this
| corporation shall be vested in a board OF
directors composed OF not less than three, nor
| more than i've stockholders, majority OF
! whom shall constitute a quorum for the trans
| action OF all business. Said board shall be
] elected annually and Immediately atter thelT
| election shall select from their number a
president. vice-president, secretary and treas
! urer, and the offices OF secretary and treasurer
| may be consolidated into one at the dlscTe-
| tion OF the board. Said election shall be held
| at the dOmiCile of the corporation alter hiteen
| DAYS written notice TO each stakeholder, de-
! liyered TO him personally or depOSltng the
| same in the post office, addressed 10 MN al
| his last known address. Each share OF stock
| shall be entitled to one vote cast by the
! owner in person, OF by proxy, and a ma
| iority of the votes shall elect Failure 10
| elect at any annual meeting shall not result
| in a forfeiture of this charter, but the dlrec-
! tors then in office shall continue 10 serve
until their successors have been duly elected
and qualified. Any vacancies occurring on
| the board of directors may be hlled by the
remaining directors. The board shall have
| the right at any time to increase Its number,
said increase, however, not to exceed five
| directors. The first election tor directors
under this charter shall be held in 1917, on
the first Monday in January, until which
time, or until their successors are elected and
qualified. the first board of directors under
this charter are hereby declared to be: L. j.
Holmes, post office address ll54 Joseph Street
New Orleans, La; John I. Holmes, post ofhct
address 29OS St. Charles Avenue, New Or
leans, La; F. J. Hartmann, post office ad
dress 2220 Marengo Street, New Orleans, La
tP J. Holmes shall be the president, John l.
Holmes, the viGe-president, and +. J. Hart
mann, the secretary treasurer OF the corpora
tiOn.
The directors above named are the sub
scribers TO this act of Incorporation, and the
number of shares of stock which each agree:
to take is as follows: +. J. Holmes, =:
shares; John T. Holmes, IS shares; +. j
Hartmann, 20 shares, which shares will bt
paid for in cash.
Article VI.-This charter may be amended
or the capital stock increased or decreased
bv a vote of two-thirds OF the stock at ;
meeting called for the purpose, after htteeI
DAYS written notice served on each stock
holder in perssn or by deposting the sam'
in the post office addressed to him at his las
known address. The dissolution and liquida
ton OF this corporation shall be provoked anC
carried out as provided by law.
Article VII.-No stakeholder shall be heiC
liable or responsible for the contracts o.
faults of the corporation in any further sun
than an amount equal to the unpaid balance
on the stock for which he has subscribed, no
shall any mere informally in organization
have the effect of rendering this charter null
or of exposing stakeholder TO any liaoillt!
than as above provided.