The herald., 1919-04-24
CHARTER OF
DtGGt\ INC


emitted States of America. State of LOuiSi-
ana, Parish of Orleans, City of New Or
leans.
BE it known that on this second day
of the month of April in the year one
thousand nine hundred and nineteen, be
fore me. John X. Upton, a Notary Pub
lie in and for this City and the Parish
of Orleans. State of Louisiana, therein
residing. duly commissioned and qualified.
and in the presence of the witnesses here
matter named and undersigned personally
came and appeared: The several persons
whose names are hereunto subscribed. who
declared TO me, Notary, that awaiting
themselves of the provisions of the laws
of this state relative to the organization
of corporations, and more especially of
Act 2J1 of 1914, they have covcnanted
and agreed. and by these presents do
ovenant and agree for themselves, their sue
ceSSors and assigns, to form themselves
into corporation and body polite, for
the objects and purposes, and under the
StipulatiOns hereinafter setfOrth, tO-wit: :
ARTICLE 1.-The name and title of
this corporation shall he Duggan,
Inc, and under such title it shall have
and enjoy succession and existence for Il
period of ninety-ni years from this
date, unless sooner dissolved; it shall
have power and authority to contract.
sue and be sued; to make and use Il
corporate seal the same to alter and
break at pleasure; to have, hold, buy, sell.
lease, mortgage and hypOthecate or
pledge property, real personal or mixed,
necessary, proper or incidental for the
carrying on of its business. well as
TO issue bonds or notes secured by such
mortgages to make and issue notes and
other certificates of indebtedness: to
name, elect and appoint managers, direc
tors, clerks and other employees to
properly conduct its corporate business,
and to make such bylaws, rules and regu-
latiOnS aS may be necessary or found de-
sirable for the management of its bust
ness and affairs, and generally to do
every other act. matter or thing nee
eSSary or found desirable for the com
plete and proper carrying out of said
business.
ARTICLE 1.-THE dOmicile of this
corporation shall be in the City of New
Orleans. in the Parish of Orleans, State
of Louisiana, where all citations or other
legal process shall be served upon the
President or in his absence on the Vice
President. and in the absence of both
on the Secretary Treasurer.
ARTICLE II.-The objects and pur-
poses for which this corporation is or
ganiZed and the nature of the business
to be carried on by it are hereby de-
clared and stated to be: To buy. sell and
deal in general merchandise of every kind
and character, and to do Il general mer-
chandise business, including that of buy
ing and selling on Il commission basis
and for itself; to do Il general importing
and exporting business, both domestic
and foreign: to buy and sell, on com
tract for and construct refrigerator plants
or refrigerator units; to build, own. lease
and operate store rooms or warehouses
for the storage of goods, or cold storage
purposes; to store merchandise of all
kinds in such store rooms or warehouses
for itself or others, and to make reason
able charges for service in storage OF
goods; to issue receipts in exchange for
goods stored, and to dispose of said
goods for account OF the owner thereof
upon their failure to comply with the CON
ditiOnS of the storage contract: to make
loans on goods stored either in the store
rooms or warehouses of the corporation
or others, and to issue notes and other Sc
curties in the purchase of goods or prop
erty: to represent others as agent or
otherwise in the same or similar lines OF
business; to act manufacturers agent
and to receive and sell goods on consign-
ment; to acquire and own stock in other
corporations; and generally, do and per
form any and all things necessary, de-
sirable or convenient to carry out sald
objects and purposes.
ARTICLE IV.-The capital stock oil
this corporation is hereby fixed at Ten
thousand (S10O0000) Dollars, divided into
One hundred 900 shares of the pan
value of One hundred (SlOOOO) Dollars
| each; provided, that the amount tt
| which the capital stock of this corpora
| tion may be increased shall be Fifty
thousand $3.50. OO0.00) Dollars. Fifty go
| shares or Five thousand (S5000.OO) Dollars
| of the capital stock of this corporation
| must be subscribed before the filing o
the articles of Incorporation. The sub
| scribed capital stock of this corporation
or personally, or for labor and service
rendered and performed. No stockholde
shall ever he held liable or responsible
for the faults, contracts or debts OF thi