The herald., 1919-03-06
CHARTER.
CHARTER OF CRESCENT PRODUCE Co.
INCORPORATED.

limited States of America, State OF LOUIS,
;,na Parish Of Orleans Be 1t known ana
remembered, that on this Sth day Oh the
month of February, 1919; before me, heI
bert w. Kaiser, Notary Public, duly com
missioned and qualified, in and for the Par
ish and State aforesaid; and IN the pres,
ence of the witnesses hereinafter named anu
undersigned; personally came and apPealsu
the persons whose names are heIeun'o SUI
srribed. who declared that, awaiting them
soIyes Of the provisions OF the laws OF inc
State NJ Louisiana, and more particularly OF
Act No 267, OF the General Assembly, Vi
,he State of Louisiana for the year lSl7' ,ley
Lays cnvenanted and agreed, and do by tnese
nresents covenant, agree, bind and torn
md constitute themselves, as wen as su0i
nersons who may hereafter join and become
associated with them, into a corporation anu
body polite in law, for the objects ana Pu,-
poses and under the agreements anu s"PH
iations following, to-wit;
ARTICLE 1.-The name and style OF this
orporation shall be Crescent Product %,
J,cornorated and under that name It shaIi
have and enjoy all the rights, advantages ana
privileges granted by law to corporations.
IL shall exist for a period OF ninety-n,he
wears from date hereof unless sooner uiS'
solved: il shall have power and authority 70
sue and be sued in its corporate name; 70
make and use a corporate seal and 10 oreaS
and alter the same at pleasure; to hold, re
reive mortgage, convey and hypothecate
real personal and mixed property; to have
and employ such managers, officers, agents
and employees as the interest and conven,
fence OF said corporation may require; ano
70 make and establish such laws, rules ana
regulations for the corporate management ano
control of the business and affairs OF the
CORPORATION, as may be deemed necessary ano
expedient.
ARTICLE 1.-THE domicile Of this cor
poration shall be the City Of New Orleans,
State of Louisiana. All citation and other
Ill .
President and in his absence upon the Sec
rotary Treasurer.
ARTICLE III.-The objects and purposes
for which this corposation is organized, and
the nature of the business TO be carried on
by il are hereby declared TO be; to conduct
aud operate a wholesale or retail grocery
and produce business: to buy and sell flour,
cigars, cereals and all grocery and produce
supplies generally, and also TO do any and
all 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 thi:
corporation is hereby fixed at the sum OF
s190oo0O. which capital stock may be in
creased to the sum- OF 100000. Said CAPT
tai stock shall be divided into 30 shares Of
the par value of $1,000 per share.
All shares of stock shall be paid for If
cash by the incorporates and shall be non
aSsessable. No transfer OF stock shall b,
binding upon the corporation unless mad,
upon its books, and all certificates of stool
shall be signed by the President and tn,
Secretary-Treasurer of the corporation.
ARTICLE V.-No stakeholder Of this cor
poration may offer for sale, sell, assign o.
transfer his stock in this corporation withou
giving to the other stockholders thirty day.
prior notice Of such intention, which motto,
shall be given in writing to the President o
the corporation, and shall by said Presiden
be made known to the directors Of the cor
poration Immediately, and the other stock
holders shall have the privilege of purchas
ing said stock at the book value thereof
for period of thirty days from the deliver,
of said notice TO the President.
ARTICLE vI-Ali the corporate power,
of this corporation shall be vested in, an<
the management and control of its bushes.
and affairs shall be exercised by BOAR