The herald. [volume] (New Orleans, La.) 1905-1953, 1917-02-08
CHAR TER

IF WILLIAM A. FRANCIS, IN
RATED


Of the month OF December, in the year o
our Lord, one thousand, nine hundred an'
sixteen, and Of the independence of TIT
United States Of America, the one hundred
and iorty-nrSt before ne, Arthur John Pc
,erS, notary public, daily commits STONED anC
qualified. IN and for the city OF New Or
| leans, in the parish Of Orleans, and State
II Louisiana. dOmlciliatcd in the said city
parish and state, and in the presence Of The
witnesses hereinafter named and under
signed, personally came and apPeared:
The several Ersons whose names are here
unto subscribed. all above the full age o.
majority, who severally declared that, avail
ing themselves Of the provisions OF Act No
20 OF 1914, as well as OF the general laws OF
;hc STATE Of Louisiana, relative TO the or
gauizatiOn OF corporations they hereby form
themselves into, and constitute 4 corporation
for the objects and purposes, and under the
StlpulationS hereinafter set forth.
Article The name and title of this cor.
pora'ion Is hereby declared to be: William
A. Francis, Incorporated
It's domcile shall be in the city OF New
Orleans and it shall have and enjoy sue
cess'on and corporate existence by its cor
porate name for 4 period OF ninety-nine
,SD years from and after the date hereof.
This corporation shall have power and
authority TO contract, sue and be sued in
rs corporate name; 70 make and use a
corporate seal; 10 hold, receive, hire and
purchase real and personal property, and to
sell, mortgage or pledge the same and TO
borrow money and issue bonds notes and
other obligations.
All citations or other legal process shall
5e served upon the president and in the
event OF his absence or inability to act
from any cause, the same shall be served
upon the secretary -tredsurer Of the corpora
ton.
Article 1.-THE objects and purposes for
which this corporation Is established and
the nature OF the business to be carried on
by II are hereby declared to be: To roast
and grind coffee; to sell at retail tea, coffee,
specs and groceries, and to conduct IN gem
eral a retail tea, coffee, spice and grocery
business; and generally to do and perform
all such things may relate or appertain
10 the objects and purposes above expressed.
Article IIi.-Ihe capital stock of this COR.
poratlon IS hereby fixed at the sum of five
thousand dollars ($5,GQOO), divided into and
represented by five hundred $500 shares of
the par value Of ten dollars $1,000 each
This capital stock may be increased to the
sum OF one hundred thousand dollars (SOO,-
U0OOD.
said stock shall be paid for in INSTALL
mentS OF such amounts and at such times as
the board OF directors may determine but
any part or parcel of said stock may be is
sued by said board of directors at not less
than par in payment of labor done or prop
erty actually received by said corporation
The said stock shall be transferable only
on the books OF the corporation, subject 10
such rules and regulations as the board of
directors may adopt.
Article lN.-All the corporate powers of
thls corporation shall be vested in and ex.
ercIsed by a board of three CD directors TO
be composed OF stockholders, d majority OF
whom shall constitute a quorum for the
transaction OF any business. The board Of
directors shall be vested with full power
ana authority TO make all contracts pur-
chases and sales, and adopt all bylaws,
rules and regulations for the government Of
the business and affairs OF the company and
after, amend and change the same at pleas
ure; appoint, hire and discharge, all ottcers,
agents and employees, fix all salaries, and
generally TO do and perform all things nee
esSary III the transaction of the business
and affairs OF the company. Any vacancy
occurring an SAID board shall be filled by
the remaining directors in the manner pro
vded for in the bylaws.
The hrst board of directors of this cor
poratlon shall consist OF Arthur A Wiegand,
5l-o Cana! street, New Orleans, La; vii
liam A. Wiegand, 3l25 Canal street, New
Orleans, La; William A. Francis, 2SOi Dau-
phlne street, New Orleans, La; with Arthur
\. NIegand as president, William A Fran
cIs, as vIce-president and manager, and Viii
nam \. Nlegand, as secretary treasurer, who
shall hold ofrice until the second Tuesday in
January, 1913, and until their successors
are duly elected ard qualified
On the second Tuesday of January. 1918.
and annually thereafter, an election for di-
rectors shall be held at the office of the
company, under the supervision of two com
misSloners, to be appointed by the board
u directors, and the directors then elected
snail take their seats Immediately, and shall
hold office until their successors are duly
elected and qualified. Each board shall elect
IT'S own officers which shall consist of a
president and vice president and manager
and secretary treasurer. The secretary
treasurer need not be a shareholder or d.
rector.
All corporate elections shall be by ballot,
and majority of the votes cast shall elect,
and at all stockholders meetings held for
any purpose, each share of stock shall be
entitled to one vote, either in person or by
proxy. by the person in whose names same
IS registered on the books of the COMPANY
Written notice OF stockholders meetings
snail be given TO each stakeholder by the
secretary at least fifteen days prior to cleo
%, ions, oy mailing same, postage prepaid, to
MS last known address
ANY director absent from the city of New
orleans, or unable to attend meetings of
ne board OF directors may give his written
proxy TO any other director, and said proxy
shall be voted in accordance with the writ
same. es
Article V.-This act of incorporation NAV
1e changed, altered or modified, or the cor.
)oratlon may be dissolved in any manner
prescribed by law; or with the assent ot
hree- fourths 90 Of the stock present or
represented at a general meeting of the
'tockhoiders convened for that purpose after
hirty 800 days prior notice of such meet.
ng shall have been given by publication in |
me OF the daily newspapers published in the |
;ity OF New Orleans, by five publications
turing SAID period, and such changes as may
e e maze IN reference to the capital stock |
nan De made IN accordance with the then
'Nisting laws on the subject
Article VI.-Whenever this corporation ;s |
hssolVed, either by Limitation of its char
CT or from any cause, its affairs shall h.
lquldated by three (3) commissioners 10 b.
lPpointed by THE stockholders at a meeting
u the. stockholders convened for that nuTs |
'ose after thirty 800 days prior notice shall |
ave been given by the secretary to each
tockholder. Said commissioners shall re-
nam IN office until the affairs of the said
operation shall have been fully liquidated
l, case OF the death of either Commissioner
Article Vino stakeholder Of this co,.
grafton shall ever be held liable or respon.
ole Tor the contracts or faults of said cor
orau0n, In any further sum than the nm.
aid balance due to the corporation on the
mares OF stock owned by him, nor shall anv
g TIe lItlorinailty IN organization have the
Ieet OF rendering this charter null or of |
xpoSing stakeholder to any liability be.
ond the balance due on his stock.
Inc subscribers hereto have each written
pposlte their names the number of sbaree
uoscrIbed for, so that this act of incorpora.
cription list Said subscriptions amoust;na
two thousand, seven hundred dollars, to
e paid in cash. ~
Thus done and passed in my Office. ar N.
ny OF New Orleans, the day, month and
ear heTelnaDove hrst written, in the pres
nee on Van Buren, Harris and Florence Rotb.
ohPeteht witnesses, who hereunto SIGN tbe;r
ames, together with the said appearers nd
le; notary, after due reading of the whole
mitted. 'NOSeI'oers
Witnesses: Van Bureu Harris, Florence Roth
a.. A: J. PETERS, Notary Public
l. the undersigned, recorder of mort0aces
~ n-i /.