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

| therein residing, duly commissioned, sworn
and qualified and in the presence OF the
| witnesses hereinafter named and undersigned
| personally came and appeared:
Giuseppe Uddo, Gaetano Uddo and Frank
| Baresi, all OF the full age OF majority and
| residents Of the city of New Orleans, being
| the several parties whose names are here
| unto subscribed. who Severally declared, that
| availing themselves Of the laws OF the State
| Of Louisiana in such cases made and pro-
| vided they have covenanted and agreed and
| they do by these presents covenant and
| agree and bind themselves, as well as all
| other persons who may hereafter become
| associated with them, 10 form a corporation
| and body polite in law for the objects and
purposes and under the articles and stipu-
lations, following, to-wit:
Article 1.-The name of this corporation
shall be "Cddo Brothers Company, Inc
and under its said corporate name it shall
| have power and authority to enjoy corporate
| existence and succession for the full term
| Of ninety-nine (99) years from and after
the date hereof; TO contract and be
| sued, to make and use a corporate seal. 10
alter and break the same az pleasure, to
| own, receive. hypothecate, convey. sell,
| lease or pledge and mortgage real and per
sonal property, TO issue negotiable bonds and
| notes or other evidences of debt, TO name
| and appoint such managers. agents. direc-
| tors and officers as its business interests and
| convenlences may require; 10 make and es-
| tabIish, as well as TO alter and amend from
| '.i'S u tlHlt, SuCn bylaws, rules and regi-
ulations Tor the proper government OF the
AFFAIRS OF this corporation may be necessary
| and proper.
| Article 1.-THE domicile of this corpora-
| ton shall be in the City of New Orleans.
| State of Louisiana, and all citations and
all legal process shall be served mon the
| President, and in his absence or inability
| TO act upon the Vice President and in the
absence Of the President and Vice-President,
OF upon rheir inability to act, upon the
| A VI -el s 81.
| Article llI.-The objects and purposes for
which this corporation is organized. and the
| nature OF the business TO be carried ON nv
1t IS hereby declared to be:
The objects and purposes-The taking over
the entire business OF Uddo Bros & Co..
me city of New Orleans. the said lido
pros. x Co., being a partnership composed
2t giuseppe Cddo, Gaetano Cddo and Frank
| bareSi, by the taking over by this corpo-
I R-o an OF the assets of the said Uddo
BROS * Co., the assuming of all the la.
biiitles OF the said Cddo Bros & Co Tba
Sald assets of Uddo Bros & Co CONSISTING
o! merchandise, fixtures, paraphernalia, live
s.oSA' 'ehicies, open accounts, good will
ana an other articles and things of val,,a
| as shown by the hereto annexed balance
Sheet OF date January 3rd, 1918. which said
oaiance sheet shows excess of assets ove-
liabilities OF the said Uddo Bros. & Co, Of
| One Hundred Thousand Dollars CsI6o nn0 oo1
| and the value of said partnersbin Of I-Jd'
| pros 60. is hereby fixed and appraised bv
| me Board OF Directors hereinafter named ~
| me sum of One Hundred Thousand Dallas
"nICh IS set forth in detail on the hereto
annexed balance sheet. which is signed bv
me Board of Directors hereinafter named
ana also signed by the partners Of Ida
60Ios' * %, and the said appraised value Of
one hundred Thousand Dollars is taken in
payment by the Board of Directors OF lido
Brothers Company, Inc. or the s+ocl. sL
Scrloed by the individuals composing ~.
partnership Of Cddo Bros & Co the cd
partners OF Cddo Bros. & Co. being The
sa ,I parties who have hereunto subscribed
dlu SET opposite their names the number ~
sIdrSs Tor which they have subscribed and
"hlch they accept in payment of the brsi
ness OF the partnership of Cddo Bros &
oe "n.en i-c sara stock subscriptions are ffty
corporation. o0N Vi this
ihe nature Of the busIness-ro b,,v o-s
sen at wholesale and retail fruits ye,atai
ses' truck garden products, potltrv ana
sa;I ana country produce. 10 buy and sell
sdI products on commission TO grov 81
produce said products and fo- a.; sow ana
70 own or lease farms and plantatiors P o,sI
10, operate and maintain same. 70 ~, a'.u
sen real estate for the purpose of CARVING
70 o,xr s saS business. or any part thereof:
70 own ana operate boats and vessels ,a;I
Ipau and railroad cars. and anv otbe- "a;
CIeS or modes of conveyance for the ca--v;,,,
VI sdIu business; to build, maintain -
apd sT, Pdcklng plants and canning plants
aiu an accessories necessary thereto g. -
manufacture packing or canning ~ !ne
.esE.!oles and any and all products ana 60,
and 't IfI OF the ground or sea: TO import anv
sell pLouuCts OF foreign countries, or 70
sci foreign products on a commiss;o,. =. ~
execute bonds or other engagemrnts - 70
-. t ttIeeHt OF contracts or other purnoses IS
$50 10 mortgage. cucumber. hvno+b.
wing on sc i any OF its property in the car.
y,ns on OF ITS business. and generaIIy - A.
ana all things icidental or srovYine - 40
nu-no..S lying on of any of the objects snd
purposes herein above enumerated anu
oo11t;c iN.IIhe capital stock of This co-.
Tbons.nd hereby fixed at Two Hundred
TWO thousand shares (2.0OO Of ,b u.', n into
Oh one Hundred Dollars (sIao M S' Ealue
when stock shall be issued for I.b,,- e JN
shall he OF property actually received "a
IIH!stailments as the Board of 49,. IN such
70 an SAID capital stock may be inc,ras sg
tn aiouht not exceeding Five UnJiI
inouSand Dollars (SsOOOOOO0. iiundred
nc LIS corporation shall be going co-..
T 1S soon as at least the sum. Of On concern
thousand Dollars (sloOnO OfN h. hundred
sonal. vi property, real or per
The stock of this corporation sb,,,
the co- IN writing only and on the boots =,
transferred no stock, however, shall h.
boids erred on the books, nor shall ~, ai. 9e
nolder have the right TO sell he. any stock.
saI unIess ne has first Offered tbs go, ur ~
of and ne Sompany at the book value th.ro
%, Iu the company shall have .bs -;t Liefe-
sbaI, uays within which to decide whasss ns ict
nan, PuIchase the stock or NOT If ~ - II
each 81 .t decide to purchase the stool I'm.
the tim. ne stockholders of the Comnanv =.
the nurcbnsa nave the right to particinats -
of his $50; 10 the extent of the pronort;on
MS holdings in the Company. p'OpOi'iOn
corno ,le,e V[The corporate powers of a..
bv a ~ Shdli De vested in and exrrc;sn5
stoctboIJa Oh directors, consisting of tbIse
sboIS HhoIders. The first Board Of Di n .i,lee
Snail consist of Guiseppe IIddn directors
oddo and Frank Baresi' all 90 Daetano
Tors being residents of the c;tv 81 aiS DiTec-
IeahS' louisiana, of full age ~; mew Or
General Manager; Gaetano Ifddo resident
ne I'.u' frank Baresi as SecretaTy-Traee
urer who shall hold their resnac.;,iy Iaeas-
S S directors and officers until ~. Juices
oaoy IN January, 1919, or until ,ho; seeonu
seoo,S are elected and qualified. 81 ~
tbe.nof.a ionaay IN January, 1919. and annr,II',
ar,ora. the stockholders shall eIect frny,
cors;s.; .nelr number a Board of D;rectnrs
tions Ing, OF tnree members. All such eIec'
the snne-,,;. DC py ballot and conducted under
.ne supervision of two Commissioner - =.
appointed by the Board of Directs 70 oe
purpose and for all elections 6f,s.n III ,nat
piior notice personally or bv mail 49,.
gwen 10 each stakeholder, addressed 20 he
ast SHOWN domicile. Each stockholder sb.Iil
~ SI'ltled 10 cast one vote either in nerso,
= ~ proxy, for each share of stock stand
j" NJ name on the books Of the company
odiu board OF Directors within a reasonshI.
ime after their election, shall elect go
hT NJ NUMBER a President-General Manage