The herald., 1917-03-08
CHARTER
OF CHARLES II. HOWARD IMPORT
COMPANY INC

! United States of America, State of Louisiana,
Parish of Orleans, City of New Orleans
/ BE it known, that on this 10Th day of the
month of Jasuary, in the year Of our Lord
one thousand nine hundred and seventeen,
and of the independence OF the United States
of America the one hundred and forty-hrst,
| before me, John p Sullivan, a notary public,
| duly commits sioned and qualified, in and for
| this city, parish and state, therein residing,
! and in the presence of the witnesses here
matter named and undersigned. personally
whose are hereunto subscribed to-
| gether with the amounts Of their respective
subscriptions 10 the capital stock OF the cor
poration to be formed who severally declare
| that availing themselves of the provisions
Of the general laws of the State of Louis-
| ana relative TO the organization of corpora.
tions they have covenanted and agreed and
do, by these presents, covenant and agree,
and bind and obligate themselves, as well as
such other persons as may hereafter become
associated with them, or their successors, to
poration and body polite. and for the OBJ.
jects and purposes and under agreements and
stipulations following, to-wit:
Article 1.-The name and title OF this cor
poration shall be Charles II. Howard I'm
port Company. Inc.," and by that name said
corporation shall have power and authority
10 have and enjoy succession for the full
term of ninety-nine years from the date
make and use corporate seal; TO purchase,
lease, sell, mortgage, hypothecate and pledge
property, real, personal or mixed.
| Article 1.-THE domcile of the said cor
poration shall be in the city of New Orleans.
State of Louisiana, and all citations and
other legal process shall be served upon the
president of said corporation, and in the
case OF mis- absence, upon the vice-president,
and in the case of the absence of both oil
these officers, upon the secretary-treasurei
thereof
Article III-The objects and purposes fol
which this corporation is established. and
the nature of the bus mess to be carried or
by it are declared to be as follows: To pur
chase, sell and conduct general wholesal,
coffee, rice and general merchandise bust
ness.
Article IV.-The capital stock of this cor
poration shall be twenty-five thousand dollar
S25,OO0O. divided into two hundred. an'
fifty ESQ shares Of the par value of ont
hundred dollars $4,000 each, payable whei
issued in cash or other property, or for ser
! vices rendered, or actually performed a
, decided by the board of directors Escl
at all general elections. The company shal
5 have the right to increase its capital stocl
TO one hundred thousand dollars 100000:
Article V.-No stakeholder shall ever b
r held liable or responsible for the indebted
! ness, faults, or defaults of this corporation
e nor shall any mere intormality IN the OF
ganization of the corporation have any efec
of rendering the charter null or of exposin
. the stockholders to any liability beyond III
: unpaid balance, if any, OF his stock suoscril
4 ton.
4 Should any stakeholder desire 10 sell nj
, stock he shall first offer the same to tn
stockholders of the company, through il
board of directors, and the stockholders VIII
Z desire to purchase shall have the right
purchase the same, in proportion to thei
holdings of stock in the company. Shout
said stockholders in seventy-two hours afte
notice having been given. fail or refuse I
purchase the stock offered for sale. sue
stock may be sold to any one.
. No transfer of stock shall be made or hel
r to be valid and binding unless made on tn
books Of the company, and unless made i
pursuance of the provisions Of this chartei
Article VI.-The business of this corpora
ton shall be directed by and vested in
|, board of directors composed of three stock
holders, and they shall hold ofhse until tn
first Tuesday in January, 1919, and on tina
: day elections shall be held annually for di
, rectors at the Office of the corporation. Fail
. ure to hold an election on the day specific
shall not dissolve the corporation. but the d
rectors in Office shall hold their RESPECTIVE
Offices until an election shall be held afte
ten days notice of the time and place there
| of given to each stockholder. The annus
election shall be held on the first Tuesday /
{ January, 1919, and thereafter on the frs
. Tuesday of January of each succeeding yea
: and the directors shall be chosen by ballo
and the election shall be held between II
hours of p. m. and 4 p. m. All vacancis
!: on the board of directors for whatever eau.
!. shall be filled by the remaining director
!. Charles H. Howard shall be the FIRST pre-
d ident; John P. Sullivan shall be the mr.