The herald. [volume] (New Orleans, La.) 1905-1953, 1919-09-18
CHARTER.
CHARTER OF THE MERCHANTS
WHOLESALE GROCERY COM
PANI INC.

United States of America. State of Lou
iSiana. Parish of Orleans. BE il known.
that on this twenty seventh day of the
month of August in the year one thou
sand nine hundred and nineteen, before
me, Peter Stiff. a Notary Public, duly
commissioned and qualified in and for the
Parish of Orleans, State of Louisiana.
aforesaid, therein residing. and in the
the presence of the witnesses hereinafter
named and undersigned, personally came
and appeared:
The persons whose names are hereunto
subscribed. who declared that availing
themselves of the provisions of the laws
of the State of louisiana, and parti-
cularly Act No. 267 of the General As
sembly of the State of Louisiana for
the year 1914, they have cOvenanted and
agree and do bind. form and constitute
themselves, as well as such other per-
sons as may hereafter join or became
associated with them into corpora
ton and body polite in law, for the
objects and purposes and under the
agreements and stipulatiOnS following,
tO-wit:
ARTICLE l. The name and style of
this Corporation shall be the Merchants
Wholesale Grocery Company Inc and
under that name it shall have and en-
Joy all of the rights. advantages and pri-
vilegeS granted by law to corporations:
it shall exist for period of ninety nine
years from the date hereof; it shall have
power and authority to sue and be sued
in its corporate name; to make and use
a corporate seal and the same to break
or alter at pleasure; to hold, receive, pur-
chase. convey, mortgage and hypothecate
property, real, personal and mixed, to
issue bonds, notes and other obligations;
to have and employ such managers Of
ficers, directors and other employees or
agents as the interest and convenience of
the corporation may require or demand ana
to make such bylaws. rules and regula-
tions for the corporate management and
control of its business and affairs as may
be deemed necessary and eXpedfent.
ARTICLE 1.-THE domicile of the said
corporation shall be in the city of New
Orleans, State of Louisiana, but it may
establish and maintain offices. branches,
and agencies throughout the United States
of America, and foreign countries. All
citations and other legal process shall be
served on the president and in his alb
Sence on the vice-prpsident of the said
corporation. In the absence of the pres
ident and vice president. then the process
shall be served on the secretary of the
said corporation.
ARTICLE III.-The objects and pur-
poses of this corporation are hereby de-
clared to be to engage in the wholesale
grocery business and the feed, hay, grain
and produce business; to buy, sell ex-
change. trade in all classes of merchan-
disc and commodities of any character
and kind whatsoever accessory to, or in
any wise related to- the grocery, produce,
feed and provision trade; to manufac-
ture, or to cause to be manufactured,
any and all wares and merchandise dealt
in related to the said business: to Oper-
ate a bakery. or bakeries; to import. eX-
port and to store all commodities dealt in
in said business; to operate, own, hire,
lease or rent stores, warerOomS and ware
houses necessary to said business to ac-
quire and own patents and trade marks
in relation to food stuffS. groceries and
other merchandise; to issue notes, or
other evidences of Indebtedness, in the
corporate name and to mortgage, hypOthe-
cate and borrow in relation to anything
accessory to said business, well as in
relation to the business itself to own
real estate for uses in said business, or
accessory thereto and to all things re-
quSite and necessary for the proper and
successful conduct of the said business.
- ARTICLE VI-The capital stock of this
Incorporation is hereby fixed at the sum
pf five thousand dollars (SJO00OO) divided
Into one hundred shares of the par value
y of fifty ($50.00) dollars each, which shall
be paid for in cash on the call of the
Board of Directors, or may be issued at
not less than par for property purchased
by or services actually rendered to the
corporation. The capital stock of this
corporation may be increased to sum
not teXoeeding three hundred thousand
($300,00000) dollars, which may be COM
mon or preferred or both.
All shares of stock shall be full paid
and worcestershire. No transfer of stock
shall be binding upon the corporation
unless made upon its books and all certi-
ficates of stock shall be signed by such
officers as may be designated by the
Board of Directors.
ARTICLE y.-AlI the corporate powers
I, hall ha tod i'm no
management and control of its business
and affairs shall be exercised by Board
of Directors composed of three stock
holders, which number may be increased
to not more than eleven, at the discre-
tion of the Board of Directors. A MAORI
~ of the directors shall constitute a
ouorum for the transaction of all bust
ness. The directors shall be elected an
nually by ballot of the stockholders on the
third Wednesday in August of each year.
An elections shall be held under such
ruIcs and regulations as may be deter
mined by the Board of Directors, but
after at least fifteen days notice Thereon
shall have been given to each stockholder'
by a notice thereof delivered personally
to each stockholder. or by depOsltlng In
the postoffica properly addressed, notice
TO each stakeholder. The directors thus
elected shall continue in Office TOT one
wear or until their successors nave pet'h
duly elected and quahfied. All STOCK
holders shall be entitled, in person or py
a written proxy, to one vote on each snare
NJ stock owned by him and standing In
his name on the books of the corporation
No failure to hold an election shall be re-
o,rded as forfeiture OF TINS charter
a., yocancv occurring on the Board of
directors shall be filled by the remaining
directors for the unexpired term: SAID
BOARD of Directors shall likewise elect tne
additional member should they deter
mine to increase the number OF the ooara
as hereinabOve provided Salu p %. - "
D,an,ors shall elect from among its num-
her president. a vice president ana
secretary treasurer. 1t may combine any
two or more of said offices into one ana