The herald. [volume] (New Orleans, La.) 1905-1953, 1918-09-26
CHARTER OF ]. F. LANDRY COM
PANY. INCORPORATED.

GHARIER VI j. r. LANDR1 q NOm-
PANY, INCORPORATED.
United States OF America, State OF Louis
| lana, Parish of Orleans. City Of New Or
| leans. Re it known, that on this 18th day
of the month OF September, in the year OF our
| Lord, one thousand nine hundred and elgh-
teen, and Of the Independence OF the United
States of America, the one hundred and
| forty 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 ap-
peared the parties who have herelnaiter
signed these presents with me, Notary, all
residents of the City Of New Orleans, La,
and of legal age, who declared that avaIling
! themselves Of the laws OF the State OF Lou
iSiana relative TO the organization OF cor.
porations and especially Of Act No. POI OF
| 1914. they have contracted and agreed and
do by these presents, contract and agree and
bind themselves, as well 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 ]. +. Landry Com
pany, incorporated. and under this name 1t
shall possess power and authority TO nave
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, hypothecatc,
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 as 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 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 Nice-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 il is hereby declared to be: the
COMM sOn 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
| a 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
|
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 (S60.O000O) dollars, divided into six
| dollars a share and shall be paid for in
| cash, 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
corporation shall be authorized to commence
business as a going concern soon as fifty
per cent go percenD 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 H. Seller
two shares; David Bach, one hundred and
forty-eight shares: ]. F. Landry, one hun.
bred shares; c. ]. 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
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 President;
Secretary and Treasurer; the first Presi-
dent shall be J. F. Landry. the first Vice
President shall be c. J. Richard; the first
Secretary shall be Edward III. 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 NI.-This act of incorporation
may be added to, modified or changed or
this corporation may be dissolved with the
assent of two-thirds (2-9 of the capital stock
Represented at a meeting OF the stockholders
convened Tor such purpose after notice by fiji
teen days advertisement in a morning daily
newspaper published in the English language
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
general meeting of the stockholders and said
commissioners shall remain in office until
the affairs of the corporation shall be fully
liquidated and settled. In case of the
death of any commissioner, or his inability
to act, the remaining cOmmi ssioners shall
act. Any changes proposed TO be made in
reference to the objects and purposes of the
corporation or with reference to the capital
stock shall be made in accordance with the
| laws of the State Of Louisiana on the sub
| ject. Special meetings of stockholders can
\ be called upon the written request to the
OF IN MS absence or inaDilly. the
| Vice President, after due notice given as for
| meeting for the dissolution of the corpora
| ton or the modification of this charter.
ARTICLE VII.-No stakeholder shall ever
be held liable for the contracts or the faults
| of the corporation in any further sum than
| the unpaid balance due the corporation on
the shares of stock owned by him, nor shall
any mere informality in organization have
| the effect of rendering this charter null or
| Of exposing a stakeholder TO any liability
| beyond the unpaid balance which may be
due his subscription 10 stock. As the
| subscribers TO the capital stock have signi-
| fled herein the number of shares each sub
scribes, this charter shall serve as an org-
nal subscription list. No shares of the CAPT
tai stock Of this corporation shall be trans
| ferred on the books of the corporation nor
| shall any such transfer be recognized by or
be binding upon this corporation, unless and
| until the person, or persons, holding said
stock which it is desired to transfer shall
have first offered the same to the other
stockholders of said corporation, by letter
addressed to the President of the corporation
and it is stipulated that the said other stock
| halders shall have the right and option OF
purchase of said stock for three days mex,
following the delivery of such offer of sale
| to the President Of the corporation.
/ Thus done and passed in my office in the