The herald. [volume] (New Orleans, La.) 1905-1953, 1919-04-03
CHARTER OF SMITB-DAvIS COMPANY,


United States. Of America. State Of Louis
lana. Parish Of Orleans. City of New Or
| leans. Be it known that this first day
Of the month of March in the wear one
thousand nine hundred and nineteen, before
| me. Tohn r. Upton. Notary Public in and
| for this City and Parish Of Orleans. State Of
| Louisiana. therein residing duly commits sion
| ed and qualified, and in the presence of the
witnesses hereinafter named and undersign-
| ed: personally came and appeared. the sew
eral persons whose names are hereunto sub
| scribed, who declared to me. Notary that
avS:ling themselves of the provisions of the
| laws of this state relative to the organza-
| tons of corporations and more especially of
Act 267 of 1914. they have covenanted and
agreed, and by these presents do covenant
| and agree for themselves, their successors
and assigns, to form themselves into
poration and body polite, for the objects and
| purposes and under the stipulatons here
matter set forth, to-wit:
ARTICLE 1.-The name and title of this
corporation shall be the Smith Davis Com
pany, Inc. and under such title it shall have
and enjoy succession and existence for
period of ninety-nine years from the date
hereof unless sooner dissolved; il shall have
be sued; to make and a orporate seal.
the same to break and alter 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 of its business, as well
to issue bonds or notes secured by such
| mortgage; to make and issue notes and
other certificates of Indebtedness to name,
| elect and appoint managers, directors, clerks
| and other employees to properly conduct its
| corporate business, and to make such by
| laws, rules and regulations may be neces-
| sary found desirable for the management
| of its business and affairs, and generally to
do every other act, matter or thing neces-
sary desirable for the complete and proper
carrying out of said business.
| ARTICLE 1.-THE domicile, of this corpo-
ration shall be at the City of New Orleans
in the Parish of Orleans, State of Louis
| lana, where all citations other legal process
shall be served upon the president in his
absence on the ce-president, and in the
| absence of both the Secretary Treasurer.
| ARTICLE III.-The objects and purposes
| for which this corporation is organized and
the nature of the business to be carried on
| by it are hereby declared and stated to be-
| To buy, sell and deal in general merchan
| disc of every kind and character, and to do
| a general merchandise business, including that
| of buying and selling a commission
| basis and for itself; to do a general import
| ing and exporting business, both domestic
and foreign; to build, own, lease and operate
storerooms or warehouses Tor the storage of
| merchandise, or cold storage purposes; to
store goods of all kinds in such store-rooms
or warehouses for itself and others, and to
make reasonable charges for service in storage
| Of goods; to issue receipts in exchange for
goods stored, and to dispose Of said goods for
|
failure to comply with the conditions of such
storage contract to make loans on goods
| stored either in the store-rooms or warehouses
of the corporation or others, and TO issue
notes and other securities in the purchase Of
| goods; to represent others agent other
wise in the same line or similar lines of
| business; TO act manufacturers agent and
to receive and sell goods on consignment; to
acquire and own stock in other corporations
and, generally, TO do and perform any and
| all things necessary or convenient to carry
on said objects and purposes.
| ARTICLE IV.-The capital stock of this
corporation is hereby fixed at Twenty thou
sand (s20,0O00O dollars, divided into two
hundred (200) shares of the par value of one
hundred $4,000 dollars each, provided. that
| the amount to which the capital stock of
| this corporation may be increased shall be one
hundred thousand sl0OO0O dollars. One hun
dred nd twenty O2O) shares. or twelve thou
| sand (s12,0O000 dollars of the capital stock
| of this corportion must be subscribed before
the filing Of the articles Of Incorporation.
The subscribed capital stock of this corpo-
ration shall be payable in cash, property
| (real or personally, for labor and services
rendered and performed No stockholder
shall ever be held liable or responsible for
the faults, contracts or debts of this cor
poration in any further sum than the IN
paid balance due the corporation on the