The herald. [volume] (New Orleans, La.) 1905-1953, 1918-01-31
CHARTER
OF "THOS. J. KELLY AND COMPANY
INCORPORATED.

State of Louisiana. Parish of Orleans, Cit!
of New Orleans.
/ Be it known, That on this 25rd day o
/ the month of January in the year OF on
| Lord. thousand nine hundred anC
| eighteen, before me, Francis =. Burns,
notary public in and for the Parish of Or
| leans, State of Louisiana. duly commissioned
| and qualified. and in the presence of tht
undersigned witnesses: Personally came anC
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 Il
the organization OF corporations, and mort
especially of Act 26 of the Acts of 1914
page 81, of the Legislative Acts of thi:
State, they have covenanted and agreed, and
by these presents do covenant and agree fol
themselves and their successors and assigns
to form themselves into a corporation and
body polite for the objects and purposes
and under the stipulations hereinafter SCI
forth. to-wit:
Article 1.-The name and title of this cor
poration shall be "Thos. J. Kelly and Com
pany, Incorporated" and under such title
it shall have and enjoy succession for a
period Of ninety nine C99) 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
Rter at pleasure; TO hold, sell, lease, mort
gage, hypOthecate. or pledge property, real
| y
proper for the carrying on of its business
to buy and hold stock in any other com
pany 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 e
properly conduct its corporate business and
to make such bylaws, rules and regula
tons may be found necessary desir
able for the management and business at
Of
do every other act, matter or thing necessary
for the complete and proper carrying out Of
said business.
Article 2.-The domicile of this corporation
shall be in the City of New Orleans, Parish
of Orleans, State of Louisiana, where al
citation and other legal process shall BE-
served upon the president, in the alb
sence of the president, upon either OF the
vice-presdents, or in the absence OF bott
upon the secretary.
Article 3.-The objects and purposes of thit
corporation are hereby declared and stated
to be:
To buy. sell. import, export, prepare anC
deal and trade in foreign and domesti,
cheese, butter, Western dairy products. eggs
sausage. bacon and other cured and uncureC
modties, foods, goods or things, and TO do
generally a wholesale grOcers and provision:
merchants business.
Article 4.-(a) The capital stock of this
corporation is hereby hNed at the sum o.
One hundred thousand (sl0O,0OOOO dollars
divided into one thousand q .00O) shares o.
the par value of One hundred $4,000 dol
lars each, provided that the amount to which
the capital stock of this. corporation may bt
increased shall be Two hundred and fifty
thousand Cs25OOO0OO) dollars.
Fifty per cent (5O06) of the capital stool
Of this corporation must be subscribed fol
before the filing Of the articles OF incOr
poration. The subscribed capital stock o
this corporation shall be payable in casf
and in property, real or personal.
(b) No stakeholder shall ever be helC
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 mer,
infomality in the organization have th'
effect of rendering this charter null or o
exposing any shareholder TO any liabilit!
whatsoever.
(c) This corporation shall not engage II
business until Seventy-three thousand lS3,
0OO.OO) dollars of the capital stock shall have
been issued and actually paid in, either II
cash or property. as aforesaid. II any o.
the stock of this corporation is exchanged
in whole or in part. for property, IN ina
event the provisions of Section three OF &C
267 of 1914 shall be strictly complied with
Article 5-All the corporate powers OF thu;
corporation shall be vested in and exereiseo