The herald. [volume] (New Orleans, La.) 1905-1953, 1918-02-14
CHARTER
OF G. A. SCHWEGMANN GROCERY c
pANN INC

CHARTER
OF G. A. SCHWEGMANN GROCERY COM
PANY, INC.
United States Of America, State OF Lou
isiana, Parish OF Orleans, City OF New
Orleans.
Re i known. That on this 23rd day OF the
month Of January, in the year of Lord,
One Thousand Nine Hundred and Eighteen
and Of the Indeendencpe OF the United states
Of America, the one hundred ana iorty-
second before me, Lawrence NJ. Janin,
ZotaTy Public in and for the Parish OF Or,
leans. State of Louisiana, duly commissioner
and qualified, and in the presence OF inc
witnesses hereinafter named and under
signed, personally came and appeared tle
who severally declared that awaiting them
selves of all and singular the laws OF the
State of Louisiana, relative 10 the organ,
zaton OF corporations, they nave ooNeiia'l' ~ y
agree TO form themselves, as well as suc1
persons as may hereafter become associated
with them or succeed them, INTO, ana 70
constitute a corporation or Dody PoiitIC a., III
law, for the objects and purposes, and under
the stipulations following which they ADOPT
as their Charter, towlt:
Article 1.-The name OF this corporation
shall be: &c. 4. Schwegmann Grocery Oom-
pauy. Inc and under this corporate name
II shall have power and authority TO exist
and have succession for a period OF ninety
nine wears from the date OF tins act; 10
contract to sue and be sued; to make uSe'
break or alter a corporate seaIy TO ho4d'
receive, own, lease or suitcase, purchase
t~ansfrr sell. convey or exchange property,
real personal or mixed, and 10 mortgage
pledge or hypothecate the same; TO borrow
or lend money on same, or connected WIN
the business for which II IS incorporated
n annoint managers, officers, agents or en-
ployees as its interests may require, 10 es-
tablish alter or amend all rules, regulations
and bylaws for the conduct and management
of its business as may be necessary ana
proper.
Article 1.-The domicile of said corpora
ton shall be in the City of New Orleans
State of Louisiana, and all citations or other
legal process shall be served upon the fTesr
ident OF the corporation, or IN the event OF
his absence or inability TO act, upon the
vce-president.
Article IIT-The objects and purposes Tor
which this corporation is organized and the
nature OF the business to be carried on by
il is hereby declared TO be: The conduct OF
a general grocery and merchandise business
in all its branches and to buy, sell and
generally deal in all groceries, supplies, feed,
grain notions and general merchandise; 10
conduct general bakery and. confectionery
business; and also to conduct saloon OF
bhr-room in connection Herewith dealing as
a retail liquor dealer il wines, liquors ana
cigars at the option OF the board OF dlrec-
tors
The corporation IS primarily IOlA4Cu anu
organized for the purpose OF taking over the
general grocery business now conducted IN
this city by G. A. Schwegmann with all and
singular the merchandise, fixtures, parapher-
MALTA, live stock, equipment and aPpuLteht-
ances, all as a going concern, all OF which
property shall be taken in payment OF stock
subscribed for and is appraised by the Board
of Directors at the sum OF Twenty thousand
(S2OOOO.OO Dollars as set forth in detail as
follows, to-wit:
RefriReratinQ plant -..-.-----.--....----S EIUUUU
Store and Office fixtures .-.--------.----- 2OOOOU
Wagons and mules .---.--------.-.---------- 4SOOO
Northumberland in trade, grocer
les -.---..----.--------..-.----- IoSSO.UU
Total value the sum of $50 OOO. 90
The capital stock of this corporation is
hereby fixed at the sum OF Twenty Thousand
(S2O,O00OO) Dollars, divided and represent
ed by Four Hundred 900 shares of the par
value of Fifty $4,000 Dollars each. The
capital stock OF this corporation may be in
creased to the sum Of Fifty Thousand
Article IV.-This corporation shall begin
business February LIST, 1915 after the filing
of this Charter in the Mortgage Office for
recordaton. No stakeholder shall ever sell,
donate, pledge, assign or dispose OF his stock
in this corporation, until he shall have first
offered the for sale TO the President
and Board of Directors OF this corporation,
by letter addressed and delivered to said
President and board of Directors, naming
therein the lowest proposed price of said
stock not to exceed the actual book value
thereof at the time of said Offer After
thirty 900 days from the receipt of said offer
and the failure of the President and the
Board of Directors any of them to pur-
chase said stock, the owner thereof shall be
at liberty to sell such stock for not less
than the price so named by him to any
other person or persons. The shares of this
corporation shall be transferable only on the
books of the corporation, and no transfer of
stock shall be binding or have any effect on
this corporation unless and until made upon
its books; and a prior lien on all shares of
stock shall be retained by this Company on