The herald., 1917-03-01
CHARTER
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 January, 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-frst,
before me, John P. Sullivan, a notary public,
duly commissioned and qualified. in and for
this city, parish and state, therein residing,
and Ill the presence of the witnesses here
matter named and undersigned, personally
cam and appeared: The following persons
whose names hereunto subscribed to-
gether with the amounts of their respective
subscriptions TO the capital stock of the cor
poration to be formed who scverally declare
that availing themselves of the provisions
of the general laws of the State of Louisi-
relative to the organization of corpora
tons they have covenanted and agreed and
and bind and obligate themselves, well as
such other persons may hereafter become
associated with them, or their successors, to
FORM and constitute themselves into a cor
poration and body polite, and for the OBJ
jects and purposes and under agreements and
stipulatons following, to-wit:
Article 1.-The name and title of this cor
poration shall be Charles H. Howard I'm
corporation shall have power and authority
to have and enjoy succession for the full
term OF nlnety-nine years from the date
hereof; to contract; sue and be sued; to
make and use a corporate seal; to purchase,
lease, sell, mortgage, hypothecate and pledge
property, real, personal or mixed.
Article 1.-THE domicle 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 his absence, upon the vice-president,
| and in the case of the absence of both of
these officers, upon the secretary-treasurer
| thereof
Article III.-The objects and purposes for
which this corporation is established, and
the nature of the business to be carried on
| by il are declared to be as follows: To pur-
| chase. sell and conduct a general wholesale
coffee, rice and general merchandise bust
| ness.
Article IV-The capital stock of this cor
poration shall be twenty-five thousand dollars
! (S25OO00O. divided into two hundred and
fifty (2SOl shares OF the par value of one
issued in cash or other property, or for SER
vices rendered, or actually performed, as
decided by the board of directors Each
share. of stock shall be entitled to enc vote
have the right to increase its capital stock
to hundred thousand dollars $4,000.
Article V.-No stakeholder shall ever be
held liable or responsible for the indebted
nor shall any mere informality in the or.
ganization of the corporation have any effect
of rendering the charter null or of exposing
the stockholders to any liability beyond the
| ton.
Should any stakeholder desire to sell his
| stock, he shall first offer the same to the
| stockholders of the company, through its
| board of directors, and the stockholders who
desire to purchase shall have the right tc
| purchase the same, in proportion to theii
holdings of stock in the company. Should
said stockholders in seventy-two hours after
notice having been given. fail or refuse to
| purchase the stock offered for sale, such
stock may be sold to any one.
! No transfer of stock shall be made or held
| to be valid and binding unless made on the
books of the company, and unless made in
| pursuance of the provisions OF this charter
| 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 Office until the
| first Tuesday in January, 1919, and on that
| day elections shall be held annually for di-
rectors at the Office of the corporation. Fail
! ure to hold election on the day specified
| shall not dissolve the corporation. but the di-
| rectors in Office shall hold their respective
Offices until an election shall be held after
| ten days notice of the time and place there
of given to each stockholder. The annual
election shall be held on the first Tuesday in
| January, 1919, and thereafter on the first
| Tuesday of January of each succeeding year
| and the directors shall be chosen by ballot
and the election shall be held between the
| hours of p and 4 p. m. Ali vacancies
on the board Of directors for whatever cause
shall be filled by the remaining directors
Charles Fl. Howard shall be the first pres
| ident; John p. Sullivan shall be the first