The herald., 1920-02-26
CHARTER
oHARTER OF THE EHRBARD BAKING

CHARTER OF THE EHRBARD BAKING
r,,,., s,.,ss 81 America. State of Louis
iana. city of New Orleans. be IL k1ow ~
thai on this twenty second day Oh ING
month Of January, IN the year 49, me
sand nine hundred and twenty pe.ofe 49,
Felix J. Dreyfous' o Nom in for the Parish
Of Orleans and City OF New oIisans
therein residing; personally sppeN' nh
parties whose names are hereu ,h"n,
scribed, who declared, .na', ~ the laws or
ana state relative TO the organzatIon y.
eornorations, and more paruSuIy 80
No 2oI of the General Assembly Va 800
STATE, approved July U. Isif, 'y Ties.
nrss.nIs. covenant ana agree, Dino, io.ni ,'
md constitute themselves as Wen as SUI
other persons who may hereai.el 'o 90.
become associated with them ih'" IN.
norsIion or body polite In law, ior tne
pph,scts and purposes and under the asIs
ments and stipulations foiio"lhg' wv"
ARTICLE The name and styIe VI
- carnorstion shall be: Tine EhrhaEu
EsFinx Co, Inc, and under tnat naJ ii
snail nave and enjoy all tne ~ law 10
aasnorsI,ons: IL snail exist for the perio"u
or n,nety-nine years from thls uS an,
,aali nave the power 10 cohTne'' naEs
he sued In its corporate Maine anm.
- hrsas or alter Mt pleasure; 10 hoiu, re
e.iyp purchase, convey, mortshse, LIZ
thecate or pledge property, potu - a,nsr
n.rsonal: to issue bonds, notes anu o." 80
SniiSsf,ons or negotiable instruments, "
snd employ such managers, urec-
.crs otticers agents and otner ehiPiOSSs
as the interest and convenience VI 70
corporation may require or dea"u, IL
MAKE nad establish sucn py mansee.
ana regulations Tor the corporate hia s ~.
ment and control Of the AFFAIRS Oh an
roruoration as may be deemed heeesS"i'
ana expedient. .ota
ApricI,E 1.-THE domicile OF said
CORPORATION shall be established IN the W!
Of New Orlenas, state OIL Louhiaha' 80 80
ali Citations ana otner legal process sns i
> he served on the President, IN ms apsenee
on tne Vice President, and In the hpsehee
OF both on the secretary Treasurer
AnrICLE lII-The objects anu PuI
,oass TOR which this corporation Is or
xanized mad the nature OF the pusi"s s
10 be carried on by are merely e
clarvd TO be: to engage In anu opeia
one or more bakeries IA TINS ny .nn-
elsewhere, and to purchase, sell, ma I',,
f.cture and deal In breaustuf1s BeneraS'
and 10 undertake and engage IN any otnei
entsrprise or business that inay oe ~
cioental to, or connected Win, 'n neniam.
poses hereinaboye set ior'h' VI s"A'
plated by this charter. , -. ,his
AkTICLE lV.--The capital STOCK OF tnis
corporation Is fixed at the sum OF iMen ~,
Thousand (S20,Oo0.OO) Dollars, DIVIDED IN,
TO one hunared shares OIL 'he e,iprs each
No transfer of stock shall be binding upon
the corporation unless made upon h'
books, and all certificates OF STOCK snal
be signed by such officers as nira,,ors
Tbis corporation shall have the right y
increase its capital stock to the Iurthe
sum OF fifty thousand t$S0,VooV0l JOLIET
10 be DIVIDED into shares OF Two nun nun
dred fS2OO.OO) dollars each, provided san
sncrsase in the capital stock shall hay
neon Authorized by the stockholders 4
q meeting to be held pursuant 70 III
proyisions Of Article v OF this charter.
No stockholder shall have the right .
..ii,ng any Of the shares held by him will
our first having Offered the same, l
writing, to the other stockholders, tnroug
the board OF directors, ana saio SUI.
holders shall have the privilege Oh pu,
chasing said shares within ten days thert
sfter Tor cash at their book value, accorc
Ing to the last preceding inventory. =
uerson shall hold stock unless py an
with the consent Of board OF director
ARTICLE Y.-Al the corporate powel
NJ the Company shall be vested In an
the infringement and control OF its aiiail
shaIl be exercised by Board OF Dlre'
tors composed of three stockhoiders, u
members Of which may De i nc ahs bo oe
Of directors at any Of its regular NEE
inrs. A majority of the directors sna
constitute a quorum for the trensacue
Of all business. The directors sna,l ~, !,
Monday in January in each year. Fac
stockholder shall be entitled In person
bY proxy to Q vote for every share owns
By him. and all elections shall De ne ne
nnder such rules and regulations as ma
BE- determine by the Board Of Director
sftsr fifteen days written notice by ms
Of such election shall have been sent
each stockhoider at his last known a
dress The directors thus elected sns
continue in office for one year
until their successors have been du
slected and qualified. No failure to ele
shsu be regarded as forfeiture OF On
charter Any (. 'a siilsS S Sse the fe%ai{
directors for the unexpired term
aid board shall likewise elect the adt
tionat member In case they should dete
mins TO increase the number OF sa,o ,, poai
sIection, nominate out OF It's number,
President, q Vice President and a SecI
tary-Treasurer; It may divide the fuI
tons Of the last named officer anu IN
even elect secretary who need not
4 director. Said Board Of Directors sh
have the right to appoint and dism
such Secretary, clerks, managers
ether employees Of the sorporsuon
he Corporation may require. The ten.
q office Of all the employees OF the g
poration shall be during the pleasure
the Board Of Directors. Any Of the
rectors or officers shall have the rignt,
sppoint. By written instrument. anotl
director or stockholder to act as his pro
and In his stead at any and all meeui
"a the Board Of Directors.
ARTICLE VINO stockholders 81
ever be held liable or responsible for
contracts, faults or debts Of said corpo
tion, nor shall any mere informan.y
its organization have the effect OF reno
ing this charter null, or Of exposing
stockhoider to any liability beyond
unpaid balance due on the shares owl
ARTICLE vII.-Th,s act of incorpo
tion may be changed. modified or alter
or this corporation may be dissolved "
thirds OF all the stock Of the corporate
At a general meeting convened for Z
purpose and after at least ten days no,
a this melting has been given In writ
through mail. addressed 10 eacn $40
holder, at his last known place OF n
dsnce. In case Of dissolution Dy the
piratiou of this charter or otherwise,
,stockholders shall elect three liquidat
from among their number, to nqnidate
seffls the business and affairs Of the CO
pany. In case Of disability Of one OF .
commissioners or nQutdators, the q
vivors or remaining liquidators shall ~
full power TO settle said Companys de
property among stockholders They 81
also have power to meet ana act nm
the bylaws Of the corporation and UNI
regulations to be made by majority
said liquidators; to nix the price
prescribe the terms OF sale OF said pr
erty and the manner In when the
bonds, secured by mortgage or otherw
lor. part Of the purchase price Tor al
NJ part Of said property. provided, NJ