The herald., 1919-09-11
CHARTERS.

of fifty $4,000 dollars each, which shall
be paid for in cash on the call of the
Board of Directors, or may be issued at
not less than par for property purchased
by or services actually rendered to the
corporation. The capital stock of this
corporation may be increased to sum
not exceeding three hundred thousand
| (S3OO,OO0.0O) dollars. which may be COM
mon or preferred, or both.
All shares of stock shall be fuIl-paid
and worcestershire. No transfer of stock
shall be binding upon the corporation
unless made upon its books and all ccrti-
frateS of stock shall be signed by such
/ officers as may be designated by the
Board of Directors.
ARTICLE V.-AIl the corporate powers
of this company shall be vested in and the
| management and control of its business
and affairs shall be exercised by Il Board
of Directors composed of three stock
holders, which number may be increased
to not more than eleven. at the diScrc-
ton of the Board of Directors. \ MAORI
" of the directors shall constitute Il
quorum for the transaction of all bust
ness. The directors shall be elected an
/ nualIy by ballot of the stockholders on the
thlTd Wednesday in August of each wear.
All elections shall he held under such
/ rules aud regulations a. may be deter
/ mined 10y the Board of Directors but
. after 1t least fifteen days notice thereof
shall have been given To each stakeholder.
to each stakeholder. or by depoSiting in
. the pO>tOffiC- properly addressed. Il notice
to each StOckholder. The directors thus
/ elected shall continue in office for one
year or until their successors have been
( duly elected and qualified. All stock
. holders shall be entitled. in person or by
. written proxy. to one vote on each share
. of stock owned by him and standing in
his name on the books of the corporation.
No failure to hold an election shall be re
Ia, Al rf.stft .af
Any vacancy occurring on the Board of
Directors shall be filled by the remaining
directors for the uneNpirrd term. Said
Board of Directors shall likewise elect tn"
additional member should they deter
mine to increase the number of the board
{ rs hrreinabOve provided. Said Board of
/ Directors shall elect from among its num-
Der president. Il iCe-preSident and Il
/ secretary treasurer. 1t may combine any
two or more of said offices into one and
. MAY elect Il secretary who is not a stock
holder or director. Said Board of Direct
0rS shall have the right and power to
appoint and dismiss such clerks or other
/ employees of the corporation including
the secretary who is not a stakeholder or
director ~ conditions may justify or the
business of the corporation may require
The tenure of office of all employees OF
the corporation shall be during the plea
sure of the Board of Directors.
/ The first Board of Directors shall be
/ composed OF 6. q. Millwee. Henry H.
/ Phillips and |. G. Waggoner with G. ..
Milwre as president. l. 9. Waggoner as
! vice president. and Henry l.. Phillips as
Secretary treasurer and they shall con
tinue to hold office and to serve until
their successors shall have been duly
elected and shall have qualified
ARTICLE IV.-NO stakeholder shall
| ever be held liable or responsible for the
contracts. faults or debts of this corpora
iuform1ljtV n
/ its organization have the effect or rpnd
erin" this charter null or of exposing Il
stakeholder to any liability beyond the
unpaid balance due on the shares of stock
| owned by him.
ARTICLE VU.-ThiS act of incorpora-
tion may be changed modified or altered
/ by vote of two thirds of the persons
| owning capital stock of this corporation
! at a meeting convened for that purpose
after notice thereof shall have been given
for thirty days in the manner provided
in Article > of this act of incorporation,
provided, however. that the objects and
purposes for which this corporation is
! organized shall not be changed or altered
| or the capital stock of this corporation in
creased to an amount exceeding the maxi
mum herein fixed or decreased to an
amount less than the corporate indebted
ness without the consent and approval
! of the stockholders owning three fOurths
| of the issued capital stock of this corpora
ton.
ARTICLE VIII.-This corporation may
he dissolved with the assent of the stock
holders owning two-thirdS of the issued
capital stock of the corporation at a
meeting convened for that purpose after
notice thereof shall have been given to
/ each stakeholder in accordance with the
terms of Article ; of this act of incOr-
pOratiOn. In the event of the diSsolu-
ton of this corporation by the expiration
| of its charter or otherwise the business
and affairs Of the corporation shall be
settled by three Hquidators to be elected
! by the stockholders from among their
number at the meeting which decides to
| liQuidate. The fees and compensation
of said liquidatOrs shall be fixed and de-
| termined at the meeting at which they
are elected. Said liquidatOrs shall have
| full power and authority to settle the
entire business and affairs of the corpora
| ton. In the event of the death or in
ability of any said liquidators the survivors
shall appoint successor or successors to
| him or them from among the stockholders.
| ARTICLE IX.-The subscriber have
written opposite their respective names
| their postOffice addresses and the amount
of stock subscribed for by each Of them
| In this corporation, SO that this act of
incorporation shall sereve an original
subscription list.
Thus done and passed at my office in the
| City of New Orleans, on the day, month
! and year herein first above written, in the
! presence Of David c. LOker and Benjamin
r. Waldo. both of this city,competent
| witnesses who have hereunto signed their
names with the said appearers and me,
| Notary after due reading of the whole.
Original Signed: G. Q. Milwee. 1S shares,
O. n. Ann St. Mobile, Ala, Ira c. Wag-
gOner, by G. Q. Milwee. Is shares, 202 N
| Commerce St..Mobile, Henry L. Phillips
! by G. Q. Milweo. 16 shares, 204 n. Com
merce St. Mobile, David c. LOker. Benz
| T. Waldo,
PETER Stiff
| Notary Public.
l hereby certify that the above and
foregoing is a true ana correct copy OF the
original on file in my office.
New Orleans. La. August 9th, 1919.
PETER Stiff.
Notary Public.
! l the undersigned. Recorder of Mort
| cages. in and for the parish of Orleans
| state of Louisiana, do hereby certify that
/ the above and foregoing Act of IncorpOra-
| ton of the Merchants Wholesale Grocery
| Company. Inc, was this day duly record
| ed in my office, in Book 1921, Folio -
New Orleans Sept4, 1919.
EMILE J. LEONARD. by, r.
pt-11-Oct., 10.
CHARTER OF THE =. A. LEVY
CO, INC.
United States of America State of