The herald., 1919-05-08
CHARTER OF
DIE(,NN 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, Il 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 availing
them selves 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 covenanted
and agreed. and by these presents do
Ovenant and agree for them selves, their sue
cessOrs and assigns, to form themselves
into Il corporation and body polite, for
the objects and purposes, and under the
stipulatiOns hereinafter set-fOrth, tO-wit:
ARTICLE 1.-The name and title of
this corporation shall be Duggan,
Inc, and under such title it shall have
and enjoy succession and existence for Il
period of ninety nine years from this
date, unless sooner dissolved; it shall
have power and authority to contract,
sue and be sued; TO make and use a
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
carrying on of its business, as 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-
latiens as may be necessary or found de
Sirablc 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
hgal 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 III.-The objects and pur-
poses for which this corporation is or
ganzed 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 general mer-
! chandise business, including that of buy
! ing and selling on Il commission basis
and for itself; to do a general importing
and exporting business, both domestic
and foreign; to buy and sell, on com
| mission basis or otherwise, and TO con
|
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 sald
| goods for account of the owner thereof
upon their failure to comply with the con
ditionS of the storage contract, to make
| loans Oh goods stored either in the store
| rooms or warehouses of the corporation
or others. and TO issue notes and other Sc
curitieS in the purchase of goods or prop
erty: to represent others aS agent OIL
otherwise in the same or similar lines OF
business to act as manufacturer agent
and to receive and sell goods on cOnsign
ment: to acquire and own stock iii Othei
corporations; and generally, do and per
form any and all things necessary, de
| sirable or convenient to carry out salt
objects and purposes.
ARTICLE IV.-The capital stock o
thousand (S1O.0O0OOl Dollars, divided int
One hundred 900 shares Of the pa
. value of One hundred (S100OO Dollar
each; provided that the amount L
which the capital stock of this corpora
: ton may be increased shall be FIT
thousand 1850. 0O0O0 Dollars. Fifty go
{ shares. or Five thousand ($J000.0O) Dollar
of the capital stock of this corporate
, must be subscribed before the filing .
y the articles of incorporation. The sub
E scribed capital stock of this corporate
: shall be payable in cash, property tres
V or PERSONALLY, or for labor and service
0 rendered and performed. No stockholde
' shall ever be held liable or responsible
!. for the faults, contracts or debts Of tn