The herald. [volume] (New Orleans, La.) 1905-1953, 1918-10-17
CHARTER
CHARTER OF ]. F. LANDRY & COM
PANY, INCORPORATED.


United States of America, State OF Louis
lana, Parish of Orleans, City of New Or
leans BE it known, that on this 18th day
of the month of September, IN the year OF our
Lord, one thousand nine hundred and eigh,
teen and of the Independence of the United
States of America, the one hundred and
| ;orty-second before me, Peter Stiff. No
| tary Public, duly commissioned and quail
| fled in and for the Parish OF orleans. state
| of louisiana, therein residing, and IN the
| presence of the witnesses hereinafter named
| and undersigned, personally came and APP
peared the parties who have hereinafter
signed these presents with me, Notary an
| residents of the City Of New Orleans, La,
and of legal age, who declared that awaiting
| themselves of the laws OF the State OF Lou
| isiana relative to the organization OF cor.
| porations and especially OF Act No. 2oI OF
| 1914. they have contracted and agreed and
do by these presents, contract and agree and
| bind themselves, as well as such other per
| sons as may hereafter become associated with
| them, to form and constitute corporation
| for the objects and purposes and under the
| articles and stipulations, to-wit;
| ARTICLE 1.-The name and style Of this
corporation shall be J. F. Landry Com
pany, Incorporated, and under this name IL
| shall possess power and authority to have
and enjoy corporate existence and succession
for ninety-nine years from the date hereof;
| to contract, sue and be sued; to make and
use a corporate seal and the same TO break,
| or change, at pleasure; TO own, hold, re-
ceive. acquire, purchase, lease, ALLEVIATE, dis
pose of, convey, mortgage, hypothecate
pledge or otherwise cucumber both real and
personal property; TO issue notes, or other
| evidences of debt; to appoint such OFFICERS,
| agents, managers and employees the bust
| ness may require and to fix their compensa.
| ton: TO establish such bylaws, rules and
| regulations as may be necessary and proper
| and the same TO amend, alter or abolish, and
generally to do and perform all such acts
as may be proper and necessary to carry out
the purposes of the corporation.
ARTICLE 1.-THE domicile of the corpora
ton shall be in the City of New Orleans
| State of Louisiana. and all citation and all
legal process shall be served upon the Presi-
| dent and in his absence inability upon
the Vice-President and in the absence or in
| ability of both President and Nice-President
upon the Treasurer of the corporation.
| ARTICLE III-The objects and purposes
for which the corporation is established and
the general nature of the business to be con-
Quoted by it is hereby declared to be: the
purchase and sale as principals, or upon
commission or otherwise of skins, furs, hides,
and similar and like merchandise; moss,
produce and general merchandise; to store,
pack, ship and export the same; to maintain
La store and office, stores and offices,
and to do and perform all things necessary,
or accessory to its said business, or to any
branch or part of its business; and to do
and to perform, through its officers, agents
and servants any act necessary or requisite
in its business and to make such contracts
as may be germane or incidental to any of
the purposes above set forth.
ARTICLE IV.-The capital stock OF this
corporation is hereby fixed at sixty thou
sand (S6OO00.00) dollars, divided into six
hundred (6OO) shares at one hundred (SlOO)
dollars a share and shall be paid for in
cash, or may be issued at par, in PAYNE Mt
for property or rights actually transferred
to the corporation, or for services actually
rendered the corporation. said payment to be
made at such times and in such installments
as the Board of Directors may direct. This
Ill va~a
business as a going concern as soon as fifty
per cent $50 percenO of its stock shall have
been subscribed for and paid for in accord
ance with law; and the said appearers here
by subscribe for the said stock in the num-
} Der of shares as follows: Edward II. Seller,
two shares; David Bach, one hundred and
forty-eight shares; ]. F. Landry, one hun
bred shares; c. J. Richard, fifty shares.
ARTICLE V-All the powers of the cor
poration shall be vested in and exercised by
Board of Directors to be composed of four
stockholders to be elected annually on the
] first Monday of January OF each year, be.
ginning in the year 1919; the first Board OF
Directors shall be J. F. Landry, C. J. Rich
ard. David Bach and Edward II. Seller; three
, members of the Board shall constitute a
quorum for the transaction of all business
the Board of Directors shall elect from among
themselves a President; a Vice-Presdent; a
Secretary and a Treasurer; the first Presi-
, dent shall be ]. T. Landry. the first Vice
President shall be C. J. Richard; the first
Secretary shall be Edward II. Seller and the
first Treasurer shall be David Bach. The
Board of Directors shall do all things nee
essary to regulate the proper conduct, sup
port and management of the business.
ARTICLE VI.-This act of incorporation
may be added to, modified or changed, OF
this corporation may be dissolved with the
assent of two-thirds (2-0 of the capital stock
Represented at a meeting Of the stockholders
convened for such purpose after notice by flf
teen days advertisement in morning daily
newspaper published in the English language
l. in the City of New Orleans and also fifteen
DAYS notice by mail to the last known resi-
dence address of every stakeholder OF record
and whenever the corporation is dissolved
either by law or otherwise, its affairs shall
!, be liquidated by two commissioners to be
| appointed from among the stockholders at
I general meeting of the stockholders and SAID
commits soners shall remain in office unii
the affairs Of the corporation shall be fully
! liquidated and settled In case of the
} death of any COMM ssioner. or his inability
to act, the remaining commissioners shall
. act. Any changes proposed TO be made II
reference to the objects and purposes OF thu
: corporation or with reference to the capita
stock shall be made in accordance with thu
, laws Of the State of Louisiana on the sub
ject. Special meetings of stockholders car
be called upon the written request to th'
e President, or in his absence or inability, thu
> Vice President, after due notice given as fol
! meeting for the dissolution of the corpora
; ton or the modification of this charter:
: ARTICLE VII-No stakeholder shall eve
/ be held liable for the contracts or the fault!
> OF the corporation in any further sum thai
the unpaid balance due the corporation OF
the shares of stock owned by him, nor shall
any mere informality in organization hav'
the effect of rendering this charter null O.
Of exposing a stakeholder to any liability
: beyond the unpaid balance which may b
, due on his subscription 10 stock. As tn
= Subscribers to the capital stock have signi
fled herein the number Of shares each sub
D sSribes. this charter shalt serve as origi
nal subscription list. No shares of the CAPT
tai stock of this corporation shall be trans
ferred the books OF the corporation, no
I shall any such transfer be recognized by o
be binding upon this corporation, unless an
III until the person. or persons, holding sal
stock which it is desired TO transfer shall
have first offered the same to the othe
lis ociholders Of said corporation, by let,e
addressed - the President Of the corporation
aad it Is stipulated that the said other stock
kslders shall have he RICH. and option Q
purchase of said stock for three days mex
following the delivery of such offer of sal
! to the President of the corporation.
Thgs done and passed in my office in tn
- City Of New Orleans, in the presence
BENJAMIN + Waido and r NJ Richard CON