The herald. [volume] (New Orleans, La.) 1905-1953, 1916-10-26
CHARTER
OF FERRY HACKNEY GROCERY COM.
PANl, INC.
State OF Louisiana, Parish of Orleans.

State OF Louisiana, Parish of Orleans.
Be it known, that on this the twenty-frst
day OF the month of October, in the year of
our Lord one thousand nine hundred and
sixteen, before me, Cuthbert 5. Baldwin,
notary public, duly commissioned and
qualified, 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 sub
scribed, all of the full age of majority and
residents OF this parish and state, who
orally declared that, availing themselves of
the provisions of the act of the legislature
of this 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 all such other persons as
may become hereafter associated with them,
IN order TO form and constitute a corporation
or body polite in law, for the objects and
purposes, and under the stpuations follow
ing, to-wit:
Article The name and title of this cor
poration shall be Ferry Hackney Grocery
Company, Inc, and it shall have and en-
JOY succession and existence for a period
OF ninety nine years from date hereof. Ii
shall have the power and authority TO sue
and be sued in its corporate name, in any
court of competent Jurisdictions; to contract;
TO make and use a common seal and alter
the same at pleasure; to acquire property,
by grant, gilt, purchase and by devise or
bequest; to lease, hold and dispose of, and
to mortgage and TO pledge the same, all sub.
Ject 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 nix their compensation;
to name directors and managers, and TO
make and establish bylaws rules and reg
ulations for the management OF the business
affairs of said corporation as may be re-
quisite and necessary.
Article 1.-THE domicile of this corpora
ffOn han he IN he rtfy nt (lVla
State Of Louisiana, where all citations and
other legal process shall be served upon the
proper officers thereof.
Article III-The objects and purposes for
which this corporation is organized and the
nature of tfhe business to be carried on by
It are stated and declared to be as follows:
to 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 as the board of directors may
mt, which may be necessary or incidental
to the conduct and operation Of such busi-
ness.
Article IV-The capital stock of this cor
poration is hereby declared TO be the
Of twenty thousand dollars, divided into
two hundred shares of the par value of one
hundred dollars each; the amount OF each
share shall be paid for in accordance with
law, and this corporation shall be operative
and 20 into business and become going
concern when one-half of its capital stock
shall have been subscribed and ne-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 of four directors,
two Of whom shall constitute quorum for
the transaction of business, to be elected by
the stockholders at 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 busi-
ness affairs of this corporation; shall elect
from their number president, vice-president
and secretary-treasurer
Until the election 10 be held as herein
above provided the following shall constr
tute the first board Of directors: John Ferry,
who shall act president; Edward Haspel,
who shall act as vice president; George l..
Hackney who shall act as secretary-treas-
urer, and Max Hubert.
Article VI.-The capital stock of this cor
poration may be increased or decreased at
any time in accordance with the laws OF
this state. This charter may be amended,
altered or modified, or the corporation dis
solved by vote of two-thirds OF the stock
vened for that purpose, after Fifteen days
previous notice Of such meeting shall have
been given as required by law.
Article VII.-No stakeholder of this corpo.
ration shall ever be held liable for any OF
the Indebtedness, contracts or faults thereof,
in any further sum than the unpaid balance
due the corporation on the shares owned by
him, shall any informallty IN the organ
i.ation have the effect OF rendering this
charter null, or OF exposing a shareholder
To auy liability whatever.
Article VILLA failure at any time to
hold meetings or elect directors or officers
as herein provided, shall not work forfeit
ture of this charter, or dissolve the corpo-
ration, but the existing board OF directors
and officers shall continue IN office until their
successors in Office have been elected
Article IX-At the expiration of this char.
ter, unless sooner dissolved, its affairs shall
be liquidated by one or more commissioners
10 be appointed by the stockholders in meet
ing assembled for that purpose, and who are
invested with full power to sell all the assets
and property, real and personal. OF this cor
poration, to convey full and complete title
thereto, and to do and perform all acts essen
tial to full and complete liquidation of the
affairs of this corporation, and to divide the
proceeds, il any. in accordance with law.
Thus done and passed at my Office in the
city of New Orleans. Louisiana, on the day
and date first above written in the presence
of Norman L. Carter and Chas. ]. Larkin,
Jr., competent witnesses, whose names are
hereunto subscribed together with the said
appearers and me, notary.
Original signed: John Ferry. 1901 Baronne
Street, - shares; Geo. L. Hackney, 4l02
Prytania Street, 49 shares; Edw. Haspel.
72l7 St. Charles Avenue, share; Max HUI
bert, ss2s Camp Street, share.
Witnesses: Norman L. Carter, Chas. ].
CUTHBERT S. BALDWIN,
Notary Public.
l., the undersigned recorder of mortgages,
Louisiana, do hereby certify that the above
and foregoing act of incorporation of the
Ferry-Hackney Grocery Co., Inc. was this
day duly recorded in my Office, in book l2oi,
(SigneD EMILE ]. LEONARD, by. R.
CUTHBERT S. BALDWIN,
(SEAD Notary Public.