The herald. [volume] (New Orleans, La.) 1905-1953, 1916-10-26
CHARTER
OF II. p. WALL & co, INC.
ate of Louisiana. Parish Of Orleans, CITY
of New Orleans

Re it known, that on this second day of
the month OF October. in the year Of our
Lord one thousand, nine hundred and six
teen, and of the Independence OF the United
States Of America, the one hundred and
forty-hrSt. before me, Roger Meunier, no
tsry public in and for the Parish of Or
leans, therein residing, and in the presence
Of the witnesses hereinafter named and I'M
dersigned: Personally came and appeared;
Messrs Horace p. WALL James NJ. Wall and
Numa f. Bertel all of the full age Of ma
jority, and residents OF the city OF New
Orleans, who severally declared that; avail.
ing themselves Of the laws of the State OF
Louisiana, and particularly of the .provi-
sious OF Act No. 267, of the General Assem-
bly, of 1914 relative TO the formation OF cor
pOrations, they have covenanted and agreed,
and by these presents do covenant and agree,
for themselves and their successors and as
signs 10 form themselves into a corporation
and body polite, for the objects and pur'
poses, and under the supulations following
to-wit:
Article 1.-The name and title Of this cor
porston shall be IL. p. Wall & Co., Inc.
Article 1.-THE purposes and objects for
which this corporation is organized, and the
nature of the business TO be carried on by
it, are stated and declared to be as follows:
To manufacture, and to buy and sell, trade
and deal in, at wholesale or retail, groceries,
provisions food supplies, produce, wares,
merchandise and articles OF domestic and
household use; cigars, cigarettes and all
other forms and products Of tobacco; candies
cakes and all other confections; soft drinks
and beverages; to purchase, acquire and sell
any and all patent rights and improve meth,
DDS, processes and machinery, plant and
property necessary and proper for the trans
action and carrying on OF said businesses
and all its branches; to acquire ana under,
take all or any of the business, assets and
disabilities of any firm, association or cor
poration engaged in like business, OF bus.
inesses. and to pay for the same IN cash,
stock Of this corporation, or otherwise
Article III.-The capital stock of this cor
poration is hereby fixed at the sum OF twenty
thousand dollars, (s1O.OOoOO), divided into
two hundred shares of the par value OF one
hundred dollars $4,000, each, to be paid
property. This corporation shall be going
concern soon as fifty per centum OF SAID
capital stock shall have been subscribed for,
and fifty per centum of the amount so sub.
scribed actually paid in. All transfers OF
stock shall be made on the books of the
corporation, by surrender Of the original GER
tihcate, properly endorsed for cancellation
by the stockhoider; IN whose favor said STOCK
None of the stockholders shall have the
right to transfer or assign any OF the share
held by any Of them without having hrst
offered the same to the board OF directors,
which shall have the right TO purchase them
for the benefit of the corporation within hve
DAYS thereafter, at their book value as shown
by the stocktaking last preceding the trans
fer. All shares purchased by the corporation
may pS iCisSutu W ~ a. iiNN 49, '''"'' $1,000
par value.
Article IV.-The capital stock Of this cor
poration may, on complying with all the re-
quisites Of the law, be increased to the sum
Of one hundred thousand dollars (siOo0ooO).
Article V.-The dOmicile Of this corpora
ton shall be in the city Of New Orleans,
State of Louisiana, where all citation or
other legal process shall be served on the
president, in his absence, as the law di-
reefs.
Article VI.-This corporation shall have and
enjoy succession and duration for period
Of ninety-nine years from the date hereof
Article VII.-An corporate powers of this
corporation shall be vested in and exercised
stockholders, who shall be bona hde owners
of the stock standing in their names, and
which stock shall be unpledged and unen-
numbered by them; two of which directors
shall constitute quorum for the transac-
ton of all business
Until the first Monday of October, 1917
The following named persons shall consti-
tute the board of directors of this corpora
ton. to-wit:
Horace p Wall, whose post-ofice address
is 64J Carondelet street, New Orleans, La. /;
lanes NJ WALL whose post-offce address is
l33 Camp street, New Orleans, La; and
Numa E. Bertel whose post-ofhce address is
care Of Whitney Central National Bank, cor
ner of ST. Charles and Gravier streets, New
Orleans, La.
Thereafter, the board of directors shall be
composed of three stockholders who shall be
elected annually, beginning on the first
shall be eligible TO membership without re-
gard to the number of shares owned by him.
All elections shall be by ballot, and each
stakeholder shall be entitled to one vote for
each share of stock standing in his name on
the books of the corporation; the vote to be
cast in person or by proxy; It shall require
majority Of stock present or represented r.s
tors the FIRST Monday of October, 1917, or
thereafter, shall not work forfeiture of this
charter, but the old board of directors shall
remain in office until their successors are
elected and qualified.
Article VIII.-The board of directors shall
hold regular meetings at the domicile of the
p corporation, or, with the written consent OF
all the directors, elsewhere, within or with
out the state of Louisiana, at such time as
may be fixed by the bylaws Of this cor
Eporation.
Any vacancy occurring In the board of
directors, either from death. resignation or
inability 10 serve, shall be filled by the
board Of directors at its next meeting after
such vacancy shall have been brought to its
knowledge.
Article IX.-The officers of this corpora
tion shall consist Of a president, vice-pres.
ident. a secretary, and a treasurer, each of
whom, with the exception OF the secretary,
must be a stakeholder; the secretary may or
may not be a stakeholder; the Offices Of
Secretary and treasurer may be held by one
and the same person Until the election to
be held in 1917, the following named persons
shall constitute the officers of this corpora
ton: Horace p. Wall, as president: Numa
~. Besfel. vice-president, and James NJ.
Wall, as sccretary-treasurer.
81 Article Kin furtherance of the above
lesnumerated powers, and of the powers con-
4 5erred by the laws Of this state, and not
IN limitation thereof. this corporation shall
have the following powers:
4 (a) To invest, as it does hereby invest,
the above named directors, and their sue
cessors, with all corporate powers;
E{b) To have succession in its corporate
{ name for the time above specified;
y (cl To and be sued by its corporate
nsme IN any court of competent jurisdiction
I'D To make and use a common seal, and
20 alter the same at pleasure;
tel To acquire property by grant, gift and
purchase; and to lease. hold, or to dispose
Of. and to mortgage and pledge the same;
Cd To appoint such officers and agents as
The business of this corporation may require
and to hx their compensation;
% To make bylaws, fixing and altering
the management Of its property, the regula-
tion and government of its affairs, and the
manner and certihcation of its stock;
Z. a ND To wind UP and dissolve itself;
20 To conduct business in this state, OF
; other states, the Federal Districts and Ter.
ritories, and the possessions of the United
States, and in Foreign countries;
ID To hold stock in other corporations
and the capital stock of this corporation NAV
De issued for the capital stock of other cor.
porations.
Article XI.-This charter may be altered
and amended in any manner, including the
increase or decrease of its capital stock and
the affairs Of the corporation wound up and