The herald. [volume] (New Orleans, La.) 1905-1953, 1916-01-20

be sued, 10 buy and sell, hold own. lease.
| mortgage and hypOthecate and pledge prop
| erty, real, personal and mixed; 10 namc.
elect and appoint managers, directors and
clerks and other employees q properly con-
duct its corporate business, and g. make by
laws, rules and regulations as may be found
necessary or desirable for the management vt
his corporation. and shall d. everything 10
correctly carry ONT %, objects and purposes.
Article lI-Ihc dsmirrlr OF TINS corpora
uou /, hereby declared 90 Hc the City Of New
Orleans, state ot Louisiana. All citations
and other legal process shall Zee served upon
the president, and m the absence OF the prc''-
dent ON the yIcc-prcS'dert, and ID the absence
OF both Of them, upon the sccrc'ary-trcaSuTcr
Of the corporation.
Article III.-Thc objects and purposes Tor
which this corporation IS organized, and the
business t. ZEE conducted By u. are declared
To- be general business for the manufacture
Il table condiments, and more particularly
the manufacture Of vinegar, pickles, pepper
sauce, mustard, havprirg Nyrups. ammonia.
bind seed, Ne,chup, aud such othcr articles
as may br used for the seasoning Of food
Article IN.-Thc capital stock o.; this cor
poratlon L. 20 be i've thousand dollars lS'g"n
divided into tive hundred l5UO' shares AZ :he
par value OF ten dollars $1,000 PEI share
Said stock shall hc represented hy certlh-
Gates Of stock, and - be issued at such times
and 10y such amounts, At the prl-r ard upon
such terms and conditions a. the board II
directors shall see mt and proper, and shall
be paid Tor IN cash, or Its equivalent m prop
Inv. "a, the board OF directors shall decide
All shares shall hc full PAID and rpn-aNsc>-
sable. No >tooAholdcr shall have the rght
To- sell or otherwise dispose OF ms stock an
tins corporation. without first offering same
10 this corporation, aud 10 the individual
members II this corporation. at the book
value thereof, and this corporation Is auIh'I-
izcd To- purchase ~aid stock AZ sand book
value for the benefit 90 the other -t1,thrld
crs OF the corporation. Should the cooperation
decline % purchase said stock the share
ho!d,~ shall have The night Of option :" u''r
..ld stock for sale t. any other person OF
persons. firms ny corporations.
Article N.-Thi, corporation shall "c 90
ing concern when she ,u,Ir" capital stock
shall have been subscribed and fully paid io~.
Arrl,lc Nl-Au the corporate powers q tins
CORPORATION shall Dee vested lu and the man
lr,,l.crt and control pf It's business and at
Iair, conducted hy a board Of directors com
posed Of three Stockholders, ~" 81 whom
Shall constitute a quorum; no member % sad
hoard ro own or subscribe for less than one
share Of stock said directors shall be
elected hv ba'l1, At q general meeting of the
Stockholders on the second Monday IN Jan
nary, Iylt. and annually thereafter on thA'
dav Every ,tDckh0ideT shall be entitled, IN
person or by proxy, 60 one vote tor every
share Of stock uwucd by him. All elections
shall be held under such rules and rcguld-
tious as may hc determined by SAID board Of
directors Ten days written notice. directed
to the last known addre,, OF every stock
holder shall be given Of all elections.
The director, thus elected shall continue m
office until the second Monday 81 January,
lsl7, or until their successors shall have been
elected or qualified: any failure 10 elect oth-
GERS or directors shall not De considered as a
forfeiture Of tins charter. Any vacancy &C
curing IN the hoaro 81 directors shan DE
filled 10y the remaining directors Tor the IN
expired term. \ majority % the StoCkhold
crs IT a meeting shall constitute q quorum
Tor the transaction Of any business.
Sand board Of directors shall, Al ITS hrSt
meeting after is election elect out OF MS
own members president, Nlct.pic''utilt anu
a secretary treasurer; and said board shall
have the power IN Its discretion 70 unite TWO
or more officers, the same TO confer upon one
person. SAID board shall have the power
to appoint and dismiss such omccTN; agents
clerks and employees As they may deem al
vIsable, and 70 TX their compensation.
Said board Of directors = especially vested
with the power and authority 10 mortgage or
pledge the property, real, personal and mixed;
OF the corporation as they may deem III ana
proper; TO purchase mold OWL mortgage
pledge. lease and dispose Of real estate. i'm
proved and urmProved, city and country
10 execute mortgages. issue notes bonds ana
other evidences OF debt ana 10 noIioM ana
lend money on same to and from individuals,
firms and corporations, at such times Tor suoh
prices and upon such terms and conditions
as they may deem advisable.
Said board Of directors shall make all the
rules, regulations ana bylaws Io' tiS k'N'
eminent, control and management Of the bus
mess and affairs OF the corporation, and alter,
amend and change the same al pleasure.
The following stockholders hereby de.
c,dred TO be the first board OF directors OF
this corporation, all OF whom shall hold ot1ce
until the second Monday Of January. l97' or
until their successors shall have been elected
and qualified. Laurence Campbell, residing
at go st. Charles street, Albert OTomWeH'
residing +oE Dilcmccourt street, and MoTrS
Stern. residing 1901 Robert St, with Lau-
renee Campbell as president, Albert CTom-
we'll. vice president and Morris Stern as sec
retarv-trcasurcr.
Article NII.-No stockholder shall ever be
held liable or Responsible ior the contracts
or faults of said corporation in any further
sum than the unpaid balance due on the
shares Of stock owned by him nor shall any
mere informality in organization have the
effect OF rendering this charter null or eN-
posing a stakeholder t. any liability beyond
the amount OF his unpaid stock, nor shall any
informality or irregularlty IN organization ever
liable as a partner
Article NIII.-This act Of incorporation
shall be changed, modified or altered or this
onrnor.tion shall he dissolved with the as
sent of ,wo-thrds Of the stock OF the cor,
poration. present " represented at a general
meeting called fer that purpose, after prior
notice in writing 10 each stakeholder or
mailed TO him at his last known post office
address. in accordance with the terms OF Act
col of 1914