The herald. [volume] (New Orleans, La.) 1905-1953, 1919-10-09
CHARTER.

annually the Directors shall not operate
the forfeiture of this charter or Of any
rights Hereunder. Any vacancy occur
ing in the Board of Directors may be filled
by the remaining Directors for the I'M
expired term. Immediately after their
election each year, the Directors shall meet
and select from their number a President,
a Vice President and a aryTreasur-
err The first officers of this corporation
who shall hold office until the Second
Monday of August, 1920, or until their
successors shall have been elected and
qualified shall be: Mrs ii. Grabenheimer
President, Norman Grabenheimer, Vice
President, Sydney II. Grabenheimer, Sec
rotary Treasurer
This Charter or act of Incorporation
may be changed, modified, altered or
amended by and with the consent of two
thirds of all of the outstanding stock at
any meeting, general or special, called
for that purpose, subject only to such
| limitation as may be provided by law.
! This corporation shall have the right to
| increase or decrease its Capital Stock as
| hereinbeforc set out. and any increase
! of the Capital Stock to an amount
| exceeding that named i'll Article
| " as the amount to which the Capt.
tai Stock may be increased, may be made
! by a three fOurths vote of all the out
| standing stock.
| ARTICLE VIII.-Notice of any and all
meetings referred to in this Charter or re-
quired by law, shall be given in the man.
| ner provided for the giving of notices in
case OF election, unless the same shall have
| been waived.
ARTICLE IX.-In case OF the liquida
ton dissolution or termination of this
Charter by limitation or otherwise
| the affairs of this corporation
shall be liquidated by or
more liquidatOrs elected by the stock
holders who may provide the number of
such liquidators, and who may vest them
with such power and authority as may by
law be permitted. and who shall fix the
terms and conditions upon which they
shall serve, we'll as their compensa-
ton. and who may provide that in cas-"
of the disability of any one of said
liuuidatOrS iif there more than One)
the remaining liquidatOrs may fill the
vacancy or continue to act on behalf OF the
corporation.
ARTICLE X.-No stakeholder of this
CORPORATION shall be liable or responsible
for any acts, liabilities, contracts, debts
or faults of this corporation, or of any
of its stockholders, nor shall any mere
infOrmality in its organization have the
effect of rending this Charter null or of
, exposing stakeholder to any liability
beyond the unpaid balance due on the
stock held by him.
ARTICLE NI-The subscribers hereto
have written opposite their respective
names the number of shares subscribed
to by them and their Post Office addresses
| so that this Charter may serve as the
subscription list of the corporation.
ARTICLE NII-In consideration of the
issuance of $5O,O00.OO of its Capital stock
this corporation may receive and take
. title to the going Wholesale Grocery bust
ness now being conducted under the name
OF Estate of Henry Grahenhelmer "a
: No go Magazine Street, IN the City of New
Orleans including the merchandise, stock
: on hand, cash. open accounts and other
assets of said business whatever, 1nclud'
: ing the good will thereof, and all of which
, assets are more fully described In the ac
curate detailed and itemized description
of same, which is hereto attached anC
; marked Exhibit a., and may assume thu
; liabilities of said business, as set forts
, on said Exhibit CA; all of which pro
perty and assets, less said liabilities nav
been appraised by the parties herein nam
= ed as the Board of Directors or said cor
! pOratiOn as having an actual cash value o
{ at least S50000OO.
: Thus done and passed at my office il
the City of New Orleans, on the day, mont
: and year herein first above written, il
; the presence of Herbert S. We'll and Georg
= W. Simons, competent witnesses, who nav
7 hereunto signed their names with tn
; said appearers, and me- notary, after du
: reading of the whole.
e witnesses: Herbert S. We'll, Geo. W
simmons.
(Original signed) Names of subscriber
Il omitted.
i cages, in and for the Parish of Orleans
I State of Louisiana, do hereby certify tina
f the above and foregoing act OF Incorpora
! ton, of the II. Grabenheimer & Sons Inc
Il was this day duly recorded in my office
in book 1881, Folio 275. New Orlean
September 4th. 1919.
: (Signed) EMILE J. LEONARD, by. i
If hereby certify that the above an
e foregoing and attached is true and col
rect copy of the original act of 1ncorpOra
ton of the Fl. Grabenheimer Il Sons, Inc
= passed before me on the Both day 9
= August 1919, and on file and of record
:, my office.
/! In faith whereof I have hereunto Sc
I nv hand and affixed my seal this 9t
% day of SEPTEMBER, at New Orleans, l.;
i ELDON S. LAZARUS,
;, Notary Pulbi
u Sept -Oct16.
n