The herald. [volume] (New Orleans, La.) 1905-1953, 1916-02-10
CHAR TER

CHARTER
IoF HOLMES GROCERY COMPANY. INC"
STATE y LOUISIANA, Parish OF Orleans, City
he II known. that on this tweu'y-niuth Iav
81 December, IN the year one thousand uirr
hundred and fifteen, before me, Harry l.
Looms, IT., notary public duly commits.
stoned and qualified, m and for the parish of
orleans, State Of Louisiana. and in The prrs-
e"Ce OF the witnesses hereinafter named the
Undersigned personally came and appeared.
Inc several persons whose names are here
unto subscribed, who declared that awaiting
! themselves Of the laws Of the State Of Lou.
/ isianlr and particularly Of the Act No 1h-
"t the year 1914 Of the General Assembly OF
sand state, they have Coyenanted and agreed
and do. by these presents. covenant and
agree, bind and form themselves and those
who may hereafter become associated with
them, INTO 4 corporation and body polite in
Law, tor the objects and purposes and under
! to-wit:
! Article The name Of this corporation
! NhlII be the Holmes GrvCery Company, Inc, "
! and under that name II shall enjoy all rights
! and privileges granted by law to corpora
/ tons. 1t shall exist for a period of fifty
years from this day, and shall have power to
/ contract sue and be sued IN its corporate
name, to make and use a corporate seal 10
hold, receive, purchase, tease, convey, SELL
mortgage. hypOtheCate or pledge property,
, both real and PERSONAL TO issue notes. bonds
and other obligations, to have and employ
]
other employees as the interests and Conve-
nlence of said corporation may require; TO
make and establish such bylaws, rules and
regulations tor the proper management and
control Of the affairs of said corporation,
through its board of directors, as NAV be nee
esSary and exped,ent.
Article 1.-THE domicile 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 ab.
sence on the vice president, and in the alb
sence of the two, then on the secretary treas.
urer Of said corporation.
Article lII.-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 |
(S2O,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 shall be |
paid for at such times and in such INSTALL |
ments the board OF directors may direct. |
Said capital stock may be increased to an
amount not exceeding hundred thousand |
dollars (SlO0,OOOOO).
Article V.-All the corporate powers of this |
corporation shall be vested in a board OF |
directors composed of not less than three, nor |
more than hve stockholders, a majority of |
whom shall constitute quorum for the trans
action of all business. Said board shall be |
elected annually and Immediately after their |
election shall select from their number |
president, vice-president, secretary and treas
urer, and the Offices of secretary and treasurer
may be consolidated into one at the discre.
ton OF the board. Said election shall be held
at the domicile Of the corporation after fifteen
days written notice to each stakeholder, de-
lIvered to him personally depositing the
same in the post office, addressed to him at
his last known address. Each share OF stock
shall be entitled to one vote cast by the
owner, IN person, or by proxy, and ma
< IL Hi |
elect at any annual meeting shall not result
in forfeiture of this charter, but the direc-
tors then in office shall continue to serve
until their successors have been duly elected
and qualified. Any vacancies occurring on
the board of directors may be filled by the
directors. The board shall have
the right at any time TO increase its number,
said increase, however, not to exceed 1--WE
directors. The first election for 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: P. J.
Holmes, post Office address 1884 Joseph Street, !
New Orleans, La; John T. Holmes, post office
address 2908 ST. Charles Avenue, New Or
cans, La; F. J. Hartmann, post office ad- |
iress 2220 Marengo Street, New Orleans, La. |
P ]. Holmes shall be the president, John T. ! !
Holmes, the vice-president and F. ]. Hart |
mann, the secretary treasurer Of the corpora
ion.
The directors above named are the sub :
cribers to this act OF Incorporation, and the {
number of shares of stock which each agrees i
o take is as follows: 2. J. Holmes, IS +
hares; John T. Holmes, IS shares; F. J. a
hartmann, % shares, which shares will be /
laid for in cash. q
Article VL-This charter may be amended
II the capital stock increased or decreased b
" a vote of twc-thirds of the stock at p
Meeting called for the purpose, after fifteen {
lays written notice served on each stock 5
colder in person or by depositing the same c
n the post Office addressed to him at his last L
nown address. The dissolution and hquids- b
ion of this corporation shall be provoked and S
arried out provided by law. d
Article VII-No stakeholder shall be held Z
able or responsible for the contracts or h
auts of the corporation in any further sum a
han an amount equal to the unpaid balance 4
n the stock for which he has subscribed, nor C
hall any mere informally in organization G.
ave the effect of rendering this charter null o
r of exposing a stakeholder TO any liability a
han above provided h