The herald. [volume] (New Orleans, La.) 1905-1953, 1919-10-16
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 Nice-P President and Secretary TreaSur-
er. 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 IL. Grabenheimer,
President Norman Grabenheimer, Vice
President. Sydney II. Grabenheimer, Sec
rctary-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
hcreinbcforr set out, and any increase
Of the Capital Stock to an amount
exceeding that named in Article
" as the amount to which the CAPT
tai Stock may be increased, may be made
by Il three fourthS vote of all the out
standing stock.
ARTICLE VIII.-NOtice of any and all
meetings referred to in this Charter or re-
CURED ny law, snail Dt given III lne Ildl-
ner provided for the giving of notices in
case of election, unless the same shall have
been waived.
ARTICLE IN.-In case or the liquida-
tiOn dissolution or termination of this
Charter by limitation or otherwise,
shall be lQuidated by one or
more liquidators elected by the stock
holders who may provide the number of
such liquidatOrS. and who may vest them
I, ,.
law be permitted and who shall fix the
terms and conditions upon which they
shall serve, as well as their compenSa-
tiOn. and who may provide that in cas-"
of the disability of any one of said
IiquidatOrS (if there are more than oneD
the remaining liquidators may fill the
vacancy or continue to act on behalf of the
corporation.
ARTICLE N-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 XI.-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 100000 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 Grabenheimer at
No $40 Magazine Street, IN the City of New
Orleans, including the merchandise, stock
on hand. cash. open accounts and other
assets of said business whatever, includ-
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 and
marked Exhibit a., and may assume the
liabilities of said business, as set forth
on said Exhibit "a; all of which pro-
perty and assets. less said liabilities, have
been appraised by the parties herein nam
ed as the Board of Directors OF said cor
pOratiOn as having an actual cash value of
at least S50,000.O0.
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 Herbert S. We'll and George
w Simons. competent witnesses, who have
hpreuntO signed their names with the
said appearers, and me, notary, after due
reading of the whole.
Witnesses: Herbert S. We'll, Geo. W.
simmons.
Original signed) Names of subscribers
omitted.
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 II. Grabenheimer & Sons, Inc.
was this day duly recorded in my office
in book 1881, Folio 275. New Orleans
September 4th. 1919.
(Signed) EMILE J. LEONARD, by. r
hereby certify that the above and
foregoing and attached is true and cor
rect copy of the original act of incorpora-
ton of the II. Grabenheimer & Sons, Inc
passed before me on the 30th day OF
August. 1919, and on file and of record in
my office.
In faith whereof I have hereunto set
my hand and affixed my seal this 9th
day of SEPTEMBER, at New Orleans, La
ELDON S. LAZARUS,
Notary Pubic
Sept-11-Oct16.