The herald., 1919-02-20
CHARTERs
.x1TH,s MARKET SYS-

10 nan;,sd States o. BEFORE me, William
De l,d foriy-fhi'SS o,.rv Public, duly com
" Hennessseyn ualified Isl and Tor the ga lar
i.aed and qustate OF Louisiana, therein
80 orleans, the presence OF the WIZ
SlSus and ser named and undersigheu,
a...,s hsfs .ane and appeared taG PEE pbo
I s,dsSslly "a are hereunto san sup ~ ,hc
,ss naa ,sa, avaiing th .5is Stsfe relative
sss;.oas Of ing ne of corporations, and more
TN ofgsniI auEVo 267. OF the General AS
prrslsfly he' STATE of the year lel7' ap,
r~hly Of th n,b I9l4, they have coVehdnteu
s.r.i July "a form and constitute theIl-
II agree, pipWH' as such persons VINO H.ay
ives as We or become associatea win
s,sinsftel Evaporation aad 1ody P2H,,S ~
Ssn, into : cb;ects and purposes ana uH ;.,I
bt .iG%senents and s'ipai1'o"'
g,it: I'll. name and style Of this
p,RTlCLE IN he Smiths Market System,
..p0sstion snSJ that name II shaH nave
~. and uhT the rights, privileges, anu
"a enjoy Snar,ed by Law 10 corporations;
Iysaiases soT the period OF ninety nine
h shsli en his day; it shall have me powea
y.ss, ifosn en-. enc and be sued In us corporate
o sonus' make and use corpo'@tS sea!, a+ ~
ssSti 10 break or alter d P'saSnlT' 90 -
., '' receive, purchase ,ToLyV both real
.ypOhees'e "a issue bonds notes and other
"A persona, ,eogtiable Instruments 10
blgstons .no,ov such managers directors.
ave and em gu. or other employees as the
dhesfs 81 convenience OF said corporation
isisrtsI a.s or demand; TO make ana esldO.
pg ieg hv-laws, rules and fesuIatiohs toi
hsn su ao,ate management ana ey"tIo1 d ot ','
p ~. q the corporation d may
,scsssary ana eAP IT, donici!e of said cor
RlioLLL III he in the city OF New Or
estion sna a Louisiana and all citations
slns SSH process shall be served on
nd oinei and in his absence on the
ne TnInI,;Jsnt and in the absence OF ooth
Nc'-rp..s;Jeut and Vice-Presldent on the
S1,.,,ry.Treasurer. go. - -,,-,o.o.
,sspTTCLE IIL-The OBJECTS ma puIPo t5s
i sls eoi :. carried on by it are declared
lssps's purchase the property and assets
m III md business presently earned on
goa va. Lev under the name and style OF
" Market system; TO buy ana sen, al
sni.as ~ retail, for its own account or
Saoless-,;ss;on vegetables and fruits OF all
g 80 s.A zane. fish, oysters, and sea tood gen,
np m, nj all kinds Of meats and farm ana
n ~, oroducts and other articles OF iood'
canning factory and plant in this
slN ii elsewhere, for preserving. curing
aas..sL;,g any or all of the products, COM
nl and things mentioned above; to
reaines ma;ntain and opearte a general
~h, h,s;ness. and to sell, furnish and
49,, select assortments and means for
-. and family use and consumption, and
=. 4. uses and purposes herein mentioned;
!. acquire all patents, apparatus and rights
49, sas i.lse. own, hold, maintain and OPP
-; iris State OF elsewhere, plants tor
...s;nc canning or preserving factories, or
r....iIv for any OF the purposes mentioned
80. m own, lease and cultivate lands
I, 4, nurpose Of growing farm dairy or
~, products necessary or useful in its
s.sn,ss. 10 own lease, maintain and oper-
y, Mats, or other water crafts or vessels,
G.,h., nperated by steam, electricity or
~, mower. in securing and transporting
4. oroduets and commodities mentioned
s.,,;r. % deal generally in all kinds of
III prodrcts, either in the raw or manufac-
,v,,d state. and to purchase, sell, act, as
,r,,ts exports and imports, the articles,
~. products commodities and things men
,on,5 herein; to own. lease, hold. maintain
,ui operate cold storage and other plants
b ne curing and storage of farm and dairy
PRODUCTS and the other commodities men
teoed herein; to own operate, and maintain,
n such machinery, motors. boilers, appara-
\, and paraphernalia. necessary and proper
ior the efficient carrying on of the business
4 this corporation and generally to do and
rrform all things necessary, incidental, ger
name or connected with the proper carrying
oft the objects and purposes OF this corpora
ton
ARTICLE Iv.-The capital stock of this
,rporation is fixed at the sum of Ten Thou
represented by One Thousand Q,00O) shares
Il he par value of Ten Dollars $1,000 per
mar. All shares of stock shall be full
ud and worcestershire No transfer of
sock shall be binding upon the corporation
unless made upon the books. and all certifi-
nses Of stock shall be signed by such of
htsn as may be designated by the Board
d Directors. This corporation shall have
he right to increase its capital stock in
Esmoo), provided said increase in the
apial stock shall have been authorized by
he stockholders at a meeting to be held
rFsusnt to the provisions of Article v Of
Dis charter.
ARTICLE YAH the corporate powers of
Ills company shall be vested in. and the
management and control of its affairs shall
exercised, by Board of Directors COM
rsed Of three stockholders, the membership
u which may be increased to a number not
breeding five by the Board of Directors.
any Of its regular meetings. A majority
u the Board Of Directors shall constitute a
@oum TOR the transaction of all business.
he directors shall be elected by ballot an
,ually on the first Monday of each year.
tacn stakeholder shall be entitled in per-
va Or ay proxy, to vote for each share
wsed BY him: all elections shall be held
mdef such rules and regulations as may be
sssanned by the Board of Directors after
hfssn days notice by mail of such election
wai nave been sent to each stakeholder at
~ known address. The directors thus
.Fofa snail continue in office for oneeyear,
nni their successors have been duly
s ad and qualified. No failure to elect
49, regarded as a forfeiture of this
Any vacancy occurring on said
s .'o shall be filled by the remaining d.
~. ,o' the unexpired term. The said
,,a S maj likewise elect such additional
1oe's ~ case they should determine to
~. se ne number of the Board Such
u q Directors shall, at its first meet
aer ITS election, nominate from one
w number. President. Vice President
secretary Treasurer Said Board shall
- ne night to appoint and dismiss such
,~s managers or other employees of the
4 sn0n Is conditions may justify or
n s.s Of the corporation may require
S%pcration shall be during the pleasure
r,,,s board Of Directors. ANY of the di.
sss;,. g officers shall have the right 70
~ written instrument another direc.
sq as his proxy and in his stead
6,s,s,. ana all meetings of the Board of
- ss'NLE Vino sale or transfer of
MA ms corporation shall be valid
$500 o unless the corporation has been
~. me opportunity to purchase said
sss,; w. y stock At their book value, the cor
vSssssa De- given ten DAYS TO determine
Nf1rI viii avail itself of the stock.
ks ~ WI-No stakeholder Shall ever
M naoie or responsible for the CON.
= e. nuifs or debts of said corporation
ins;s. sny mere informality in its orga-
ssr ma. nave the effect Of rendering this
=, , na,l or of exposing a stoethoide1
- d 1MH - beyond the unpaid balance
lRfjfyF mares owned BY him.
- Widths act of incorporat;on
u r.snsed. modified. or altered. or
mn n may be dissolved with the
II me Stockholders owning two.tbirds
mi stock Of the corporation. AZ >
~ 49, nIs convened for that nurnose
81 =. ~ least ten days written notice
NJ Saseung has been given ,h,o,,nL