The herald. [volume] (New Orleans, La.) 1905-1953, 1919-03-20
CHARTER.
CHARTER OF CRESCENT PRODUCE Co.,
INCORPORATED.

limited States of America, State OF LOUIS,
;.na parish of Orleans. Be it known and
remembered, that on this 9th day Oh the
month of February, 1919; before me, her
bert w Kaiser, a Notary Puoiic, uuiy Sohl
tnissioned and qualified, IN ana LOT tne al
ish and State aforesaid; and III the pres,
enre of the witnesses hereinafter named ana
undersisned; personally came and appeared
the persons whose names are hereunto SUI
scribed. who declared that, availing tnem
selves of the provisions of the laws OF the
STATE Of Louisiana, and more particularly OF
Act No. 267, of the General Assembly, Oh
the State Of Louisiana for the year 1914, they
have covenanted and agreed, and do oy tnese
presents covenant, agree oind, ana to ,oh
and constitute themselves, as well as such
persons who may hereafter join and become
associated with them, into corporation ana
body polite in law, for the objects ana pur-
poses and under the agreements and stipu-
iations following, to-wit:
ARTICLE 1.-The name and style OF this
orporation shall be Crescent Product %,
Incorporated, and under that name 1t snail
have and enjoy all the rights, advantages ana
privileges granted by law to corporations.
II shall exist for period OF ninety-n,ne
wears from date hereof, unless sooner as
solved: il shall have power and authority 70
sue and be sued in its corporate name; 70
make and use a corporate seal and to break
and alter the same at pleasure; TO hoid' re-
ceive, mortgage, convey ana hyPotheCa'e
real. personal and mixed property " hdNS
and employ such managers, officers, agents
and employees as the interest and conVen,
fence of said corporation may require; and
TO make and establish such laws rules and
regulations for the corporate management AND
control of the business and affairs OF the
corporation, as may be deemed necessary and
expedient.
ARTICLE 1.-THE domicile OF this cor
poration shall be the City of New Orleans,
State of Louisiana. All citation and other
legal process shall be served upon the
President and in his absence upon the Sec
retary.Treasurer
ARTICLE III-The objects and purposes
for which this corposation is organized, and
the nature of the business to be carried on
by it are hereby declared to be: to conduct
and operate a wholesale retail grocery
and produce business; to buy and sell -four
cigars, cereals and all grocery and produce
supplies generally, and also TO do any and
Rll things and acts, and engage in such other
business as may be necessary, incidental to
or connected with the business herein stipu-
lated, or contemplated in this charter.
ARTICLE IV.--The capital stock of this
Prporation is hereby fixed at the of
10000, which capital stock may be in
creased to the sum Of sloo.OooOO. Said CAPT
tai stock shall be divided into go shares of
the par value of $4,000 per share.
All shares of stock shall be paid for in
cash by the incorporators and shall be non
assessable. No transfer of stock shall be
binding upon the corporation unless made
upon its books, and all certificates of stock
shall be signed BY the President and the
Secretary-Treasurer of the corporation.
ARTICLE V.-No stakeholder of this cor
poration may offer for sale, sell, assign or
transfer his stock in this corporation without
giving to the other stockholders thirty days
prior notice of such intention, which notice
shall be given in writing to the President of
the corporation, and shall by said President
be made known TO the directors of the cor
holders shall have the privilege OF purchas.
ing said stock at the book value thereof,
for a period of thirty days from the delivery
Of said notice to the President.
ARTICLE Wall the corporate powers
a this corporation shall be vested in, and
the management and control of its business
and affairs shall be exercised BY Board