The herald. [volume] (New Orleans, La.) 1905-1953, 1919-10-16
CHARTER OF IL. GRABENHEIMER &
SONS, INC.

United States of America State of LOuisi-
ana, Parish of Orleans. City of New Or
leans. BE it known that on this 3Oth
day of August, One Thousand Nine Hun
bred and Nineteen, and of the Indepen-
dcnce of the United States of America
the One Hundred and FOrty-third before
me, EldOn ). Lazarus, n Notary Public
duly commissioned and qualified in and
Tor the Parish of Orleans, State of LouiSi-
ana, therein residing, and in the presence
OF the witnesses hereinafter named and
Undersigned, personally came and an
peared, the several persons whose names
are hercuntO subscribed all of the full are
OF majority, who Scvcrally declared to
me Notary, that availing themselves of
the laws of the State of Louisiana in
such cases made and provided, and more
particularly of Act No. 26I of the General
Assembly of Louisiana of 1914 as amend
ed relating to the creation organization
ana formation of corporations they have
covenanted and agreed, and by these pres
ehtS DO covenant and agree and bind them
selves as well as all such other perSOns as
may hereafter become associated with
them to form corporation for the objects
and purposes and under the articles and
Stlpulauons following, to-wit:
ARTICLE 1.-The name and style of
this corporation shall be H. Grabenheim
er " Sons. Inc, and under its corporate
name 1t shall have power and authority
10 nave and to enjoy corporate existence
TOT period of ninety-nine years from
this date unless sooner dissolved by LIQUID
ulloh or otherwise; it shall have power to
contract, to sue and to be sued TO mako
ana use corporate seal, and to alter and
break same at pleasure: to hold release
receive purchase. transfer, assign, convey
mortgage. hypOthecate, pledge or other
wise receive or dispose of property. real
personal and mixed, cOrpOrcal or incOr-
poreal; to issue bonds, and if desired 70
secure the same by mortgage; to buy and
hold stock in other Companies: TO name
eject and appoint such managers agents.
directors. or officers as its busineSS in
tereStS may require and to make and es
tabllSh, alter and amend, bylaws ruleS
ana regulations for its proper government
as may be deemed necessary and proner
and generally to do any and all things
incident to or necessary and prODer for
the proper conduct and expansion of the
business in which the corporation is on
gagged.
ARTICLE 1I.-This corporation shall
he domiciled in the City of New Orleans
Louisiana. and all citations or other legal
process snail be served upon the President
vi the corporation. and in the event of
mat officers absence, upon the Vice Presi
ueht' ana In the event of the absense of
both, upon the Secretary Treasurer.
ARTICLE III.-The objects and mr.
poses for which this corporation is or
ganlZed and created. and the nature of
the business to be carried on nv n on
To buy, sell. or otherwise accouire or dis
| pose OF, at Wholesale or retail goods wares
ana merchandise, of any and all kinds
ana descriptions, but more particularly
groceries meats grain and foodstuffs gen
orally, and such other merchandise DC
Is usually carried by groceries: 70 CON
duct and carry on such other business
either as principal or agent, for its own
account or for the account of others as
may De round necessary and convenient
natn
poses or to enhance the prosperity. and
the value of the properties, rights and
privileges, of this corporation.
ARTICLE IV.-The Capital Stock of
this corporation is hereby fixed ar tho
sum Of Fifty Thousand (S5OOOO .OO) Dol
HTS HTS DIVIDED into, and represented by Five
Hundred Shares, of One Hundred fsiOO
OO Dollars each. Said stock shall no no;d
iOr In cash or its equivalent as provided
ny law, and in such manner and at sncb
time and in such installments as NAV he
prescribed by the Board of Directors M
Capital Stock may be Increased r. one
iundred Thousand $500, OOOOO) Dollars TO
prrepreSented by one thousand shares
or one Hundred Dollars $4,000 each. All
STOCK OF this corporation shall be full paid
ana non assessable, and shall he renreS-
ented by certificates of such form nc tbo
Board OF Directors may determine SIGNED
by the President or Vice President and
the Secretary-TreaSurer. and sealed with
'"' oVai VI lHe corporation.
ARTICLE V.-The stock of this cornoro.
tioh may be transferred only on the books
or the corporation, and subject to Sroh
regulations and formalities as NAV he
prescribed from time to time by the Roard
OF directors. No stakeholder shall no
permitted to sell. or otherwise to disnose
oI MS STOCK without first offering the
same In writing to the other Stockholders
through the Board of Directors. at q nrico
NOT exceeding the book value thereof and
the stockholders shall have an option and
lirSt rlght TO purchase for cash all the
snares OF stock to be thus disposed of by
sale or by the death. resignation or other
wise of any of the stockholders of Tho
corporation. and shall have a period of
ten days within which to accept to decline
such offer of stock ANY
Upon the failure of the said Board Of
nirecIorS or the stockholders to exercise
within the time stipulated the 0ption fins
granted to them, the stockholders who do
Slres to sell or otherwise dispose of his
stock Cor his heirs) shall be at liberty 70
sell or otherwise dispose of his said stock
in such manner and at such price ne no or
they may see fit. But the stock of tbis
corporation shall be negotiable and
non transferable, except under the CON
dltions and stipulations hereinabove set
IorIh, ana no transfer of stock whatSo-
ever shall be binding upon this corporo
ZION until and unless made upon its books
ARTICLE VI.-The corporate povers of
this corporation shall be vested in and
exercised by, a Board of Directors com
posed of not less than four nor more than
six stockholders, three of whom shall at
all times constitute a quorum for the tran
saction of business. The Directors of
this corporation may vote in person or
by written proxy at any Of the meetings
of the Board of Directors.
The first Board of Directors of this COM
pany shall be composed OF the following,
Mrs II. Grabenheimer, 1900 Peters Ave.
New Orleans, La, Norman Grabenheimer
800 Magazine St. New Orleans La, sgd
ney II. Grabenheimer, 500 Magazine St.
New Orleans, La, Fldon S. Lazarus, 2020
Octavia ST. New Orleans. La, Alphnnse
Hirsch. Fayette. Mississippi John J.
Broders, 500 Magazine St., New Orleans,
La.
These Directors shall serve until the Sec
ond Monday in August, 1920, or until
their successors shall have been elected
and qualified. The Directors shall be
elected annually by the stockholders at a
meeting of stockholders to be held on the
first Monday in August each year. Notice
of such meetings shall be given fifteen
lays prior to the date thereof in writing.
and shall be sent to each stakeholder AZ
his last known address. Each stock
holder shall at such annual meeting or
other meeting. general or special, be en-
titled in person or by proxy to one vote
Elections shall be held under such rules
= ,IaNs