The herald., 1919-01-23
CHARTERS
or SMITHS MARKET SYS-

eHkiN TEmt S+,-e of nuis
t,,;ted Siale, orleans, City Of Ne" VI,
Parish u ,o,vn. that Oh TINS SeVeh'A
90 Be II ~ month Of January. III the
~ day Of -. "a one thousand nine AuhuieG
~ Of our LOia I'd Of the Independence OF
Nineteen, of America, the one nun
<, Upiied S,,ythird Before ms " '1 Ian,
Sad ard ivs, a Notary Pu1i'E, my On On
icsa md qualified, ''i az therein
as?asG1r Orleans State o. 60 Of the wit.
siding ana .f,er named and undersigned
.,s,ss nefelnae and appeared, me persons
S.,,Daslly ca a,e bereunto subscribed: VINO
ls,ss names availing themselves OF the
SSlared ina ~ laws of this State, relative
.esisiOns o. ;,ation OF corpOratl0ns,' ana more
3 he oisA ct No. 267, OF the Genera ,d,, AS.
sarealafy his State Of Tie year 'l7' aPi,
xSby t,,v 9th, 1914, they nave .o.e'i ~,
rorsd W. bind, form and ns'i'u'S M -C,aI,
I'd ssTee' Iii as such persons "l1 Nd
s,,ss, as W., ar become associated with
sesinafief IV r,on-poration and body polluc IN
len INFO q ob;ects and purposes ana under
hs. for ule mis- and stipulatons toi!owiAg'
5s asreen'sn''
psii; The name and style Of this
ARflCLh .b.II be Smiths Market system,
o,rUorsiion sh Ss, that name Il shall have
Ine, ana iii the rights, privileges, and
I'D eHy granted by law 10 corporations ;
sisanin,s.Y for the period OF ninety nine
i nSit. .1,n this day; II shail AaEe IHe Po"eI
,ssfs IRON 80, ..,e and be sued in its corporate
. CONTRACT ~ and use a corporate seal, and
rsns; 70 30 break or alter at pleasure; to
he SANG .;ye purchase convey, mortgage,
bold ~ =, pledge property, DOtA real
bypones m issue bonds notes and Otner
sd PeisonAo =, negotiable instruments; 10
sDlgauO,d employ such managers, directors.
nt agents or other employees as iAe
sisfls .rd convenience OF SAID corporation
a'eis a",r;re or demand; to make ana estaD-
.,rb bylaws, rules and regulations Iof
seoroorsie management anu to''tto' % '.'G
as,irs Of the corporation d. may u
Ilsa' and expedient.
"'s S,cr 1.-THE domicile OF said cor
AlLO hall be in the city OF New Or
Fiau0Is .s,s Of Louisiana and all citations
kins i.Oal process shall be served on
sno p0 usd and in his absence on the
ne psssid,ut, and in the absence OF Ooth
sIp.ss;dent and Vice-President on the
sscrrtary-Treasuref'
ARTICLE III.-The directs and purposes
AM -~,coration, and the nature OF the
We 10 be carried on by II are declared
A.. 10 purchase the property and assets,
vi v;ll and business presently carried on
,h;s eity. under the name and style OF
s.ab's Market System; to buy and sell, at
$3.50 or retail, for its own account or
sD"'.,.-n;ss;on. vegetables and fruits OF all
-. ssme. fish oysters, and sea food gen
m, and all kinds of meats and farm and
a -. nroducts and other articles OF food;
y purchase, build. lease, maintain and op
canning factory and plant in this
40 and elsewhere, for preserving, curing
~ oackiug any or all Of the products, com
-~Iiies. and things mentioned above; to
- Ease, maintain and opearte general
.,,s,ing business, and to sell, furnish and
SS,ib,te select assortments and means for
-. and family use and consumption, and
4. n, uses and purposes herein mentioned;
: ,cnuire all patents, apparatus and rights
..,s,sarv proper or useful for its business;
a Inv. lease, own, hold, maintain and OPP
"a, IN This State Of elsewhere, plants for
s,rking. canning or preserving factories, or
,tneraly for any of the purposes mentioned
s,,ein; to own, lease and cultivate lands
n the purpose of growing farm dairy or
oher products necessary or useful in its
in,iness: to own lease, maintain and oper-
4. boats or other water crafts or vessels,
rb,,her operated by steam, electricity or
sher power, in securing and transporting
4, products and commodities mentioned
ber,in: to deal generally in all kinds of
i,od products, either in the raw or manufac
rsd state. and to purchase, sell, act, as
,sents, exports and imports, the articles.
PODS, products commodities and things men,
toned herein; to own. lease, hold, maintain
nd operate cold storage and other plants
m tie curing and storage of farm. and dairy
poducts and the other commodities men,
toned herein; to own operate. and maintain,
II such machinery, motors, boilers, appara-
ns and paraphernalia. necessary and proper
ia the efficient carrying on of the business
d this corporation and generally to do and
perform all things necessary, incidental, ger
nine or connected with the proper carrying
uui the objects and purposes of this corpora
ton
ARTICLE Iv-The capital stock of this
o7ration is fixed at the sum of Ten Thou
ard Dollars 100000 divided into and
rwesented by One Thousand Q,00O) shares
4 he par value of Ten Dollars $1,000 per
eare All shares of stock shall be full
pld and non.assessable. No transfer of
sotk shall be binding upon the corporation
MESS made upon the books. and all certifi-
aes Of stock shall be signed by such Of
a'ts as may be designated by the Board
Dreetofs. This corporation shall have
ne night to increase its capital stock in
.. further sum Of Fifteen Thousand Dollars
&smo,, provided said increase in the
apfal stock shall have been authorized by
ns stockholders az a meeting TO be held
pursuant to the provisions of Article V of
I'm charter
KINLE Vail the corporate powers of
ns company shall be vested in. and the
aanagement and control of its affairs shall
exercised, by Board of Directors COM
esea o. three stockholders, the membership
NsnIeh may be increased to a number not
sNeedas live by the Board of Directors.
M q IT'S regular meetings. A majority
ne Board of Directors shall constitute a
m r+sO x Ill
~ directors shall Be elected by ballot an
5a,Y on the first Monday of each year.
ss.n aockholder shall be entitled in per-
~ ny proxy, to a vote for each share
~a'a oy him; all elections shall be held
aff such rules and regulations as NAV be
ssn'1ed by the Board of Directors after
AZ. AM oays notice by mail of such election
n: na,e been sent to each stakeholder at
,..,.s =" Known address. The directors thus |
= , NAIL ias continue in office for one year.
500. III Ineir successors have been duly |
~, ana qualified. No failure TO elect
S,.N regarded as forfeiture of this |
h,,S ANY vacancy occurring on said
Mn, snsh DC filied by the remaining d. |
~ pr the unexpired term. The said |
-rs S snsn likewise elect such additional |
r-s,.. !. y case they should determine 10 |
R,ri !. nc n number of the Board Such |
IN ~. directors shall, at its first meet
~ eicctlon, nominate from one
al lumber. a President Vice-President
~. M 4. Treasurer Said Board shall |
d.,i. = rsht to appoint and dismiss such |
npor,t;nr Aase's or other employees of the |
1, n,s;onas conditions NAV Justify or |
s.s'ness Of the corporation NAV Teou;re
6 es, su,s q office Of all the employees of
I 4 B o.rsG !, shall al be during the pleasure
sss;s, e e officers shall have the ,; , IN 10
No y, y written instrument another direc. |
rsr, "a As ~ ms proxy and in his stead |
0rsssrs- ~ an meetings of the Board Of |
AZ MsiclE VINO sale or ,,,ss.- al
NIL IA III corporation shall be valid |
asisdT ~ a. unless s the corporation has been
hss Il s,e,,' opportunity to purchase said |
,xsiae~ !, s'sek at their book value, the cor
sseSsrr g given ten days to determine |
Ar7,cv WIN avail itself of the stock.
kS I,as,.l l-No stakeholder shall ever |
ma hale OF responsible for the con-
" 1,i iIfs 10 or debts of said corporation |
Auisn ,y mere informality in he oroa-