The herald. [volume] (New Orleans, La.) 1905-1953, 1919-05-15
CHARTER OF
DUGGAN, INC,


United States of America, State of Louisi-
ana, Parish of Orleans, City of New Or
leans.
BE. it known that on this second day
OF the month OF April IN the year one
thousand nine hundred and nineteen, be-
fore me. John X. Upton, Notary Pub
lie in and for this City and the Parish
of Orleans, State of Louisiana, therein
residing, duly commissioned and qualified,
and in the presence of the witnesses here
matter named and undersigned, personally
came and appeared The several persons
whose names are hereuntO subscribed, who
themselves of the provisions of the laws
of this State relative to the organization
of corporations, and more especially of
Act PSI of 1914, they have cOvenanted
and agreed, and by these presents 40
Ovenant and agree for themselves, their sue
cessOrs and assigns, to form themselves
into corporation and body polite, for
the objects and purposes, and under the
ARTICLE 1.-The name and title of
this corporation shall be Duggan,
Inc, and under such title it shall have
and enjoy succession and existence for a
period of ninety nine years from this
date, unless sooner dissolved; it shall
have power and authority to contract,
sue and be sued; to make and use a
corporate seal, the same to alter ana
break at pleasure; to have, hold, buy, sell,
lease, mortgage and hypOthecate or
pledge property, real personal or mixed,
necessary, proper or incidental for the
carrying on of its business, as well as
to issue bonds or notes secured by such
mortgages; to make and issue notes and
other certificates of Indebtedness; 10
name, elect and appoint managers, direc-
tors, clerks and other employees TO
properly conduct its corporate business
and to make such bylaws, rules and regu-
lations as may be necessary or found de-
sirable for the management of its bust
ness and affairs, and generally to do
every other act, matter or thing nee
essary or found desirable for the COM
kplete and proper carrying out or sald
business.
ARTICLE 1.-THE domicile of this
corporation shall be in the City of New
Orleans, in the Parish of Orleans, State
legal process shall be served upon the
President or in his absence on the vice
President, and in the absence Of both
on the Secretary Treasurer.
! ARTICLE III.-The objects and pur-
poses for which this corporation is or
| raniZed and the nature of the business
| to be carried on by 1t are hereby de,
clared and stated to be: To buy, sell and
| deal in general merchandise of every KIND
| and character, and to do general mer-
chandise business, including that of buy
| ing and selling on commission Dasls
and for itself; to do a general importing
and exporting business, both domestic
and foreign: to buy and sell, on com
mission basis or otherwise, and to con
| tract for and construct refrigerator plants
| or refrigerator units; to build, own, leass
and operate store-rOOms or warehouses
| for the storage of goods, or cold storage
| purposes; to store merchandise OF al
| kinds i'm such stOre-rOoms or warehouse
| for itself or others, and to make reason
! able charges for service in storage Of
| goods to issue receipts in exchange fol
| goods stored, and to dispose OF sale
| goods for account of the owner thereO
upon their failure to comply with the con
| ditions of the storage contract; TO max
loans on goods stored either in the store
| rooms or warehouses Of the corporation
| or Others and to issue notes and other Sc
cnrities in the purchase of goods or prop
| erty; to represent others as agent o
otherwise in the same or similar lines
business; to act as manufacturer agen
and to receive and sell goods on consign
ment; to acquire and own stock In othe
corporations; and generally, do ana per
form any and all things necessary, de
sirable or convenient to carry out sal
objects and purposes.
| ARTICLE IV.-The capital stock Q
this corporation is hereby fixed at re
thousand ($l0,DO000) Dollars, divided int
one hundred (1O0) shares of the pa
.. value of One hundred (s1OO.O6f Dollar
each; provided, that the amount
. tion NAV be Increased shall be FIT
J thousand 1850, 100000 Dollars. Fifty tot
shares or Five thousand ($50O0.00) Dollar
of the capital stock of this corporate
!, must be subscribed before the filing
y the articles of Incorporation. The SUI
E scribed capital stock of this corporate
+ shall be payable in cash, property ire
y or personaD, or for labor and serve
" .haII ever be held liable or responsih
: -. tha foulfa contracts or debts Of tt