The herald. [volume] (New Orleans, La.) 1905-1953, 1919-01-16
CHARTER OF SMITHS MARKET SYS-
TIM INC.

CHARTER OF SMITHS MARKET SYS-
Tenn, INC.
United States OF America, State OF Louis
lana. PARISH Of Orleans, City Of New OI-
leans. BE II known. that on this Seventh
,7thl day of the month OF January, in the
year Of our Lord, one thousand nine hundred
and nineteen, and OF the independence Oh
the United States OF America, the one nun
dred and forty third. Before me, William
John Hennessey. a Notary Public, duly com
missioned and qualified and tor the Far
.ish OF Orleans, State Of Louisiana, therein
residing, and in the presence OF the wit
resses hereinafter named and undersigned.
Personally came and appeared, the persons
whose names are hereuntO subscribed, VINO
declared that avaling themselves OF the
provisions OF the laws OF this State, relative
to the organization OF corporations, and more
particularly Act No. 2o7, OF the General AS
seubly of this State OF the year 1914 APP
proved July 9th, 1914. they have covenanted
and agree, bind, form and constitute them
selves as well as such persons who may
hereinafter join or become associated with
them, into a corporation and body polite IN
law. for the objects and purposes and under
the agreements and stlpulations following
to-wit:
ARTICLE 1.-The name and style of this
corporation shall be Smiths Market System,
Inc, and under that name it shall have
and enjoy all the rights, privileges, and
advantages granted by law to corporations;
il shall exist for the period OF ninety nine
TO contract, sue and be sued in its corporate
name; to make and use a corporate seal, and
the same to break or alter at pleasure; 10
hold, receive, purchase convey, mortgage,
hypothecate or pledge property, both real
and personal; TO issue bonds notes and other
obligations or negotiable instruments; to
have and employ such managers, directors.
officers, agents or other employees as the
interest and convenience OF said corporation
may require or demand; to make and estab-
liSb
the corporate management and control OF the
affairs of the corporation as may be deemed
necessary and expedient
ARTICLE 1.-THE domicile of said cor
poration shall be in the city of New Or
| leans, State of Louisiana and all citations
and other legal process shall be served on
the President, and in his absence on the
e-President. and in the absence of both
| the President and Nlce-PreSIdent on the
Secretary-Treasurer
| of this corporation, and the nature OF the
business to be carried on by it are declared
| to be; to purchase the property and assets,
| good will and business presently carried on
| IN this city, under the name and style OF
| Smiths Market System; to buy and sell, at
wholesale retail, for its own account or
| on commission. vegetables and fruits of all
/ kinds; game, fish, oysters, and sea food gen
orally, and all kinds of meats and farm and
| dairy products and other articles of food;
! to purchase, build. lease, maintain and op
| crate a canning factory and plant in this
| state and elsewhere, for preserving, curing
and packing any all of the products, COM
| modities, and things mentioned above; to
| own, lease, maintain and opearte a general
catering business, and to sell, furnish and
distribute select assortments and means for
home and family and consumption, and
for the uses and purposes herein mentioned
| 10 acquire all patents, apparatus and rights
necessary, proper or useful for its business
to buy. lease, own, hold, maintain and OPP
crate in this State of elsewhere, plants fol
packing, canning or preserving factories, OF
generally for any of the purposes mentioned
herein; to own, lease and cultivate land:
for the PURPOSE of growing farm dairy Of
other products necessary or useful in IT.
business; to own. lease, maintain and oper
ate boats, or other water crafts or vessels
whether operated by steam, electricity o.
other power, in securing and transporting
the products and commodities mentioned
herein; to deal generally in all kinds o
food products, either in the raw or manufac
tured state. and to purchase, sell, act, a
agents, exports and imports, the articles
goods, products, commodities and things men
toned herein; to own. lease, hold, maintain
and operate cold storage and other plants
for the curing and storage of farm and dair,
products and the other commodities men
toned herein; to own operate, and maintain
all such machinery, motors, boilers, appara
tus and paraphernalia. necessary and prope
for the efficient carrying on of the busines
of this corporation and generally to do anC
perform all things necessary, incidental, ger
name or connected with the proper carryin,
out the objects and purposes of this corpora
ton.
ARTICLE IV.-The capital stock of th
corporation is fixed at the sum of Ten Thou
sand Dollars 10O00p0) divided into ant
represented by One Thousand $1,000 share
OF the par value of Ten Dollars $1,000 pc
share. All shares of stock shall be full
paid and worcestershire. No transfer o
stock shall be binding upon the corporation
unless made upon the books. and all certifi
Gates of stock shall be signed by such of
fleeTs as may ne designated by the Boar
OF Directors This corporation shall hav
the right to increase its capital stock il
the further Of Fifteen Thousand Dollar
CSl5O0O.00), provided said increase in tn
capital stock shall have been authorized b,
the stockholders at a meeting to be hell
pursuant to the provisions of Article V o
this charter.
| ARTICLE V.-All the corporate powers o
J this company shall be vested in. and tn
management and control of its affairs shall
be exercised, by a Board of Directors com
|, posed of three stockholders, the membershi
OF which may be increased to a number no
: exceeding five by the Board of Director:
at any of its regular meetings. A majorit
Of the Board of Directors shall constitute
, quorum for the transaction of all bushes:
, The directors shall be elected by ballot an
nually the first Monday of each year
J Each stakeholder shall be entitled in pei
I son, or 10y proxy, to vote for each shar
, owned by him; all elections shall be hel
under such rules and regulations as may b
? determined by the Board of Directors afte
/ fifteen days notice by mail of such electio
: shall have been sent to each stakeholder a
, his last known address The directors thu
elected shall continue in office for one yea
] or until their successors have been dull
elected and qualified No failure to eleC
shall be regarded a forfeiture of thi
charter. Any vacancy occurring on sal
Board, shall be filled by the remaining d
rectors for the unexpired term. The sal
Board shall likewise elect such addition;
members in case they should determine
:. increase the number of the Board Sue
) Board of Directors shall, at its first NEE
ing, after its election, nominate from on
of its number President. Vice-Presider
: and Secretary Treasurer. Said Board sha
/, have the right to appoint and dismiss sue
clerks. managers or other eu1plovees of m