The herald. [volume] (New Orleans, La.) 1905-1953, 1918-03-07

import, to buy and sell, ~ wholesale,
duce. vegetables, truck, poultry, eggs
country produce OF every nature aud XII
TO grow AMI produce the said articles
produce. and for such purposes to own
lea>" farms or plantations and Opetf
ana maintain the same. to buy. sell
l"dN" real estate for IA" purpose of
rNing on their business. or any part tho,
of. to own and operate boats. vessels.
railroad ears, and other rolling stock
the purpose of carrying on said buSin,
To execute bonds or other aCknOwIe
lu"ntS in the fulhllmcHt of contracts OF
IA" performance Of its business, and, o
orally. to do any and all things incid
Ia or necessary to carry out any of
Objects and purposes hercinabOvr enI
Grated.
Articl" IIT.-Thc capital stock of
corporation * hereby fixed at the sum
iMn Hundred Thousand Dollars. ($2
"""Vl. ana shall Toe divided into and r. .
Resented by Two Thousand shares I,
common stock. of the par value of
hundred $4,000 Dollars each. s
STOCK shall b" paid for in cash, or
property, or services actually rendered
tn" corporation. or other equivalent
cash. as provided by law. and i'm $
manner and ut such times and in $
in>tal ln"ntS as may be prescribed by
Board of Directors
This corporation shall become a go
concern and shall he authorized to e,
mcuCc business rs soon as seventy
J Thousand Dollars OOl of its G
ltaI stock shall have been subscribed
Article ". The capital stock Of I
corporation may he increased TO the
Of Three Hundred Thousand Doll
tN'uN. 10000 hV vote of two rds of
stock AZ special meeting called for
purpo>" or at regular annual meet
of the corporation.
Article N.-AlI certificates of stock
sued 10y this company shall he signed
the PRESIDENT and one Vice President
by two Vice Presidents. The stock
inns corporation can Ice transferred O
On the books of the corporation and 3
J"ct TO such regulations and formalit
aS may he by the Board of Directors FIR
INN" 10 tim" prescribed. No StockhoI
shall be permitted to sell or otherw
dispose of his stock without first offer
The same in writing to the other sto,
holders. through the Board OF Directc
az price not exceeding the book va
Thereon; ana said stockholders. in %
portion to their holdings shall have
option and first right to purchase all
shares of stock to be thus disposed OF
sale or otherwise of any of the sto,
holders. and shall have a period of thin
days in which to accept or decline \,
oH"r. should the stockholders decline
purchase said stock. then such stockho
or Is at liberty to sell or dispose of
stock, and may do so in any manner a
at any price h" may deem fit.
Each share of stock is issued here
upon the condition and understand
wise transfer his stock in violation here,
and any such sale or transfer if ma
shall bc void, and this Company shall
under no obligation to list said stock
its hooks or to regard the holder of
certificate thereof.
Article VI.-The corporate powers
this corporation shall be vested in an
exercised by Board Of six directors, foi
of whom shall constitute quorum Z
the transaction of business. The dire
tors OF the corporation may vote in pc
son or by written or telegraphic proJ
at any of the meetings of the Board
Directors.
The first Board of Directors of this co
poration shall be composed of: HarI
Goodman; Harry Hyman: Stanford J
Beer; I.aZar Il. Levy; Charles A. Skinne
and John II. DeIlanc; who shall ser,
until the second Wednesday in Februar
1919, or until their successors are elect.
and qualified. The Directors shall !
elected annually by the stockholders at
meeting held on the second Wednesda
of February in each year after date her,
OF. Notice of said meeting shall be ri,
en- ten days prior to the date of sal
meeting, in writing, sent by registere
mail to each stakeholder at his last know
place of residence. The Board of Direc
OrS may change the date of said annuf
meeting to any other date, by written n(
tice to that effect, sent at least fiftee
days prior to the date to which said an
nual meeting shall be changed, directe
by registered mail to each stakeholder s
his last known place of residence.
Each stakeholder shall. at such annu,
meeting or other meeting, general or sp,
cial, he entitled in person or by write
or Geographic proxy to one vote for eac
share of stock owned by him. The eleC
ton shall he held under such rules an
from N m
determined by Board of Directors
The directors when elected shall hol
Office for one year, or until their success
OrS shall have been elected and uualifie,
and failure to hold the annual meeting {
stockholders or to elect annually director
shall not operate the forfeiture of TIL
charter or any rights Hereunder.
The first officers of this corporation
who shall hold office until the sec0n
Wednesday in February. 1919. or unit
their successors are elected and qualifie,
shall be: Harry Goodman President
Stanford Beer, Vice President; Harry Hy
man, Vice President; Lazar Il. Levy, Ses
rotary.
ANY vacancy occurring in the Board {
Directors may be filled by the Director
for the unexpired term.
Neither the Secretary nor any Office
other than the President and Vice-Pres
dents. need be stockholders in this col
poration.
Article VII.-This charter and act of In
corporation may be changed, modified, a
tered or amended by and with the conseI
of threefOurthS of all the stock at NEE
ing, general or special, held for that pul
pose: and such amendments may be ms
terial or immaterial, subject only to tn
limitations as may be by law provided
and this corporation shall have the rigf
and power to increase or decrease it's car
ital stock as hereinbefore set out, and an
increase of the capital stock in excess Z
the amount named herein as the amour
to which the capital stock may be In
creased may be made by three fourth
vote of all outstanding stock.
Article VIII.-NOtice of any and a
meetings referred to in this charter Q
required by law, shall be given in I'll
manner provided for giving notices 1
have been waived. The stockholders an
directors may waive notices.
Article IX.-In case of the dissolution
liquidation, or termination of this charte
by limitation or otherwise, the affairs I
the corporation shall be liquidated b
one or more liquidators elected by a thre'
fOurths vote of the stockholders, VIII
may provide the number OF said liquids
tors and vest them with such power an
authority as may by law be permitte
fixing the terms and conditions upt
which they shall serve and their con
pensation, and provide that in case
death or disability of anyone of said
quidatOrs the remaining liquidators mi
fill the vacancy or continue to act on b
half of the corporation.
Article X.-No stakeholder of this CO
poration shall be liable or responsible 4
any acts contracts, debts, or defaults
this company or any of its officers, n
shall any informally in organization ha
| the effect of rendering this charter nj
and void or of exposing a stakeholder
any liability beyond the unpaid balan
due on the stock held by him.
Article XI.-The subscribers hereto ha
II III 20 Nhafr m In I'M
of shares subscribed to by each of the
together with their post office address,
so that this charter may serve as su
scriptiOn list; all Of which subscriptio