The herald. [volume] (New Orleans, La.) 1905-1953, 1919-02-20
CHARTER.
CHARTER OF CRESCENT PRODUCE CO.
INCORPORATED.

limited States of America, State OF LOUIS
lana. Parish of Orleans. BE 1t known anu
remembered that on this sth day Oh tne
month OF February, 1919; before me, ner
bert w. Kaiser Notary Fuoiie, Nv " Par.
,ntssioned and qualified, in and Tor the Idl,
ian and State aforesaid; and IN the pre-
snce Of the witnesses hereinafter named dna
undersigned; personally came ana appes, ~
the persons whose. names are heicun'o
sn,;hed who declared that, avalllng tneHi-
ias of The provisions of the laws Oh the
See Of Louisiana, and more particularly VI
Al No 267, OF the General ASSEMBLY va
,hs State of Louisiana for the year 1914 ,iley
have covenanted and agreed ana DO " ior~,
presents covenant, agree, olnd' ana III Ih
s,a constitute themselves, as well as suo4i
nsrsons who may hereafter join and peconls
associated with them, into a corporstloh anu
BODY polite in law, for the objects anu ~,
poses and under the agreements anu 'r
iations following, to-wit:
ARTICLE 1.-The name and style OF f I'M
ornoration shall be Crescent Product %,
Jnrornorated and under that name IL shal,
have and enjoy all the rights, advantages ana
privileges granted by law to corporations
IL shall exis, for period OF ninety mn, IN
wears from date hereof, unless sooner ais
soivsd. II shall have power and authority &c
sue and be sued in its corporate namei
make and use a corporate seal ana 10 orea'
and alter the same at pleasure; 10 noio, re
eeive, mortgage, convey anu 49,
and employ such managers, officers, agents
and employees as the interest and conVen,
fence of said corporation may require; anG
10 make and establish such laws, rules anG
regulations for the corporate management any
control of the business and affairs OF inc
corporation, as may be deemed necessary ano
expedient.
ARTICLE 1.-THE domicile of this cor
poratjon shall be the City of New Orleans
State of Louisiana. All citation and Other
legal process shall be served upon s tne
President and in his absence upon the Sec
retsry.Treasurer
ARTICLE II1-The objects and purpose:
for which this corposation is organized, and
the nature Of the business to be carried or
by IL are hereby declared to be: 70 conduc
and 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 au'
Aall things and acts, and engage in such othe
business as may be necessary, incidental t
br connected with the business herein stipu
Vlated. or contemplated in this charter.
ARTICLE IV.-The capital stock of thi
corporation is hereby fixed at the sum O
S9.0n00, which capital stock may be in
creased TO the sun. of Sl0o.0Oo00. Said cap
tai stock shall be divided into 300 shares
the par value of $1,000 per share.
All shares of stock shall he paid for
cash by the incorporators and shall be nor
assessable. No transfer OF stock shall
binding upon the corporation unless mad
upon it's books, and all certificates of stcc
shall be signed by the President and u
Secretary 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 noti'
shall be given in writing to the President
the corporation, and shall by said Presidei
be made known to the directors of the co
poration Immediately. and the other stocl
holders shall have the privilege of purcha
ing said stock at the book value thereo
for a period of thirty days from the delive,
of said notice to the President.
ARTICLE Wall the corporate powe
Of this corporation shall be vested in. ar
the management and control of its busine
and affairs shall be exercised BY a Boa