The herald. [volume] (New Orleans, La.) 1905-1953, 1919-02-13
CHARTER.
CHARTER OF CRESCENT PRODUCE CO.
INCORPORATED

Ir,j,ed States of America, State OF LOUIS,
lana Parish of Orleans. BE 1t known anu
remembered, that on this SIN DAY o wy
month of February, 1919; before ne, ne
bert w Kaiser, Notary fupile. uus D.
,nissioned and qualified, in and tor the Ial,
IN and State aforesaid; and IN the pre-,
erre of the witnesses hereinafter naiheu GU
undersigned; personally came ana apPes, ~
,be nersons whose names are hereuh'o SUI
scr;bed. who declared that, awaiting men,
$50, 81 the provisions Of the laws OF the
S,ate Of Louisiana, and more particularly os
Art No 267, Of the General Assembly, VI
the State of Louisiana for the year lyl4' ti'es
have coveuanted and agreed, ana 40 ~ -,
presents covenant, agree, olnd' anu 'b
srd constitute themselves, as well as sun -'
Tersons who may hereafter join ana Deeo,nI
associated with them, into eofpordt.oI anl
Lodv polite in law, for the objects ana Po"
poses and under the agreements ""N
iations following, to-wit:
ARTICLE 1.-The name and style OF TINS
ornoration shall be Crescent iroduet ~
Recommended, and under that name II shal
have and enjoy all the rights, advantages any any
privileges granted by law to corpot a'ioi,s
/, shall exist for a period OF ninety -h,i'
,aars from date hereof, unless sooner os
solved: il shall have power and authority !.
sue and be sued in ats corporate hdl"ei
make and use a corporate seal anu 20 49, n
and alter the same at pleasure 70 nviu,
erive mortgage, convey ana hypothSeat'
zeal personal and mixed property; TO nave
and employ such managers officers dsehN
and employees as the interest ana oo"' '.'
fence of said corporation may require dl'
N make and establish such laws, rules ah'
ra,,,i.tiops for the corporate management ant
control of the business and affairs oil t''
cornoration, as may be deemed necessary an'
expedent.
ARTICLE 1.-THE domicile Of this cor
poration shall be the City Of New Orleans
STATE Of Louisiana. All citation and otAe'
all IN, served
President and in his absence upon the sec
rotary. Treasurer.
ARTICLE III.-The objects and purpose
for which this eorposaton is organized ans
the nature OF the business 10 be carried OF
by il are hereby declared to be: 70 conduc
and operate wholesale or retail grocery
and produce business; to buy and sell Hour
cigars, cereals and all grocery and produce
supplies generally, and also to do any am
all things and acts, and engage IN such othe
. business as may be necessary. incidental I
or connected with the business herein stipu
lated. or contemplated in this charter.
ARTICLE IV.-The capital stock of thi
corporation is hereby fixed at the sum
Saq.e0Oo, which capital stock may be il
creased 10 The sum Of SlOOOOo00 Said cap
tai stock shall De divided into 100 shares
the par value Of $1,000 per share.
All shares Of stock shall be paid for
cash by the iucorPorators and shall be noi
asSessable No transfer OF stock shall
binding upon the corporation unless mac
upon its books. and all certificates OF stoc
shall De signed by the President and Il
Secretary-Tr Treasurer of the corporation.
ARTICLE V.--No stakeholder Of this co
poration may offer for sale, sell. assign
transfer his stock in this corporation witho
giving to the other stockholders thirty da,
prior notice of such intention. which mott
shall be given in writing to the President
the corporation, and shalt by said Preside
be made known to the directors OF the co
poration Immediately. and the other stOc
holders shall have the privilege OF pureha
ing said stock at the book value there's
for period of thirty days from the delivei
of said notice to the President.
ARTICLE VI.-All the corporate powe
of this corporation shall be vested in. al
the management and control of its busine
and affairs shall be exercised by a Boa