The herald. [volume] (New Orleans, La.) 1905-1953, 1918-02-14
CHARTER
OF "THOS ]. KELLY AND COMPANY,
INCORPORATED"
State of Louisiana, Parish of Orleans, Cit
% Nam n-laa,e

State. of Louisiana, Parish of Orleans, Cit
of New Orleans.
Be it known, That on this 23rd day o
the month of January in the year of GU
| Lord, one thousand nine hundred an,
1 eighteen, before me, Francis p. Burns,
! notary public in and for the Parish of Or
| leans, State of louisiana duly commissioner
and qualified, and in the presence of tn
undersigned witnesses: Personally came ant
| appeared:
| The several persons whose names are here
/ after subscribed, of the full age of major
| ity, who declared to me, that availing them
| selves of the laws of this State relative 4
the organization of corporations, and NOR,
especially of Act 257 of the Acts of 1914
page 81, of the Legislative Acts of thi:
State, they have covenanted and agreed, anC
by these presents do covenant and agree fol
themselves and their successors and assign:
to form themselves into a corporation and
body polite for the objects and purposes
and under the stipulations hereinafter sci
forth, to-wit:
poration shall be "Thos. ]. Kelly and Com
pany, incorporated" and under such title
it shall have and enjoy succession for a
period Of ninety nine (99) years from date
hereof and shall have power and authority
to contract, sue and be sued, make and use
corporate seal, the same to break and
alter at pleasure; to hold, sell, lease, mort
gage, hypothecate. or pledge property, real,
personal or mixed, necessary, incidental or
proper for the carrying on of its business
pany or companies that may assist this COM
pany in its objects and purposes; to make
and issue notes and certificates of indebted
ness; to name, elect and appoint managers,
directors and clerks or other employees 10
properly conduct its corporate business and
to make such bylaws, rules and regula-
tions as may be found necessary or desir-
able for the management and business af-
r.. ( Al. Ill.
do every other act, matter or thing necessary
for the complete and proper carrying out of
said business.
Article 1.-The domicile of this corporation
shall be in the City of New Orleans, Parish
of Orleans. State of louisiana, where all
served upon the president, or in the alb
sence of the president, upon either of the
vice-presidents, or in the absence of both
upon the secretary.
Article 3.-The objects and purposes of this
corporation are hereby declared and stated
to be:
To buy, sell, import, export, prepare and
deal and trade in foreign and domestic
cheese, butter, Western dairy products. eggs,
sausage, bacon and other cured and uncured
meats, table delicacies and any other COM
modities, foods, goods or things, and to do
generally wholesale grocers and provisions
merchants business.
Article 4.-(a) The capital stock of this
corporation is hereby fixed at the sum of
One hundred thousand (sl0OOO0OO dollars,
divided into one thousand q .0O0) shares of
the par value of One hundred $4,000 dol
lars each, provided that the amount 10 which
the capital stock of this corporation may be
increased shall be Two hundred and fifty
thousand (s250,0O000) dollars.
Fifty per cent 5000 Of the capital stock
Of this corporation must be subscribed for
before the filing of the articles of incor-
poration. The subscribed capital stock of
this corporation shall be payable in cash
and in property, real or personal.
(b) No stakeholder shall ever be held
liable or responsible for the faults, con-
tracts or debts of this corporation in any
further sum than the unpaid balance due
the corporation on the shares of stock sub
scribed for by him, nor shall any mere
infomality in the organization have the
effect of rendering this charter null or Of
exposing any shareholder to any liability
whatsoever.
(c) This corporation shall not engage in
business until Seventy-three thousand (S3,-
10000 dollars of the capital stock shall have
been issued and actually paid in, either in
cash or property, as aforesaid II any of
the stock of this corporation is exchanged,
in whole or in part. for property, in that
event the provisions of Section three of Act
16 of 1914 shall be strictly complied with.
Article Sail the corporate powers of this
corporation shall be vested in and exercised