The herald., 1920-10-14
CHARTER OF LONGING & COLLINS
INC.

United States of America. State Of Lou
I iSiaua. Parish Of Orleans. City of New Or
leans. BE it known, That on this TWEEN
I tieth day of the month Of August, in the
year OF our Lord one thousand nine nun
/ drcd and twenty. and of the Independence
| o fthe United States Of America the one
of the United States of America the one
! thur \. MOrenO.a Notary Public duly COM
| mi>SiOned and qualified. in and for this
! City and the Parish Of Orleans. therein
! residing. and in the presence of the here
matter named and undersigned witnesses.
! personally came and appeared the follow
| ing named persons. whose names are here
unto subscribed, together with the amounts
of their respective subscriptions to the
capital stock of the corporation to be
formed. who severally declare that. avail
ing themselves of the provisions of the
general laws of the State of Louisiana rel
atiye to the organization Of corporations,
they have COyenanted and agreed, and by
these presents covenant and agree. and
bind and oblgate themselves, as well as
such other persons as may hereafter be
come associated with them or their sue
CcSSOrS, to form and constitute themselves
into a corporation and body polite in
law. and for the objects and purposes and
under the agreements and stipulatious
following, tO-wit:
! ARTICLE 1.-The name aud title of this
Corporation shall be LonginO X Collins
Inc. and by that name this Corporation
shall have power and authority to have
and enjoy succession for the full term ot
|
to contract. sue and be sued TO borrow
money: to make and issue its negotiable
debts; to make and use corporate seal
TO purchase and receive, lease, hold. sell
and convey. AS well as mortgage and
hypOthecate. property, real personal and
mixed. to build on and improve any prop
crty or real estate; to name and appoint
| such officers and agents as the interests
of said corporation may require; to max,
and establish such bylaws and regulation,
for the proper management and regulation
I of its affairs as may be deemed necessary
and the same to alter, change and amenC
at pleasure.
ARTICLE 1.-THE domicile of this Cor
poration shall be in the City Of New or
leans. State of Louisiana, and all citation
and other legal process shall be served
upon the President of this Corporation. or
. in case of his absence. upon the Vice Presi
dent. or, in case of the absence of boil
of these officers, upon the Secretary there
Of
e ARTICLE III.-The objects and pur
poses for which this Corporation is estab
lShed. and the nature of the business &
be carried on by il are hereby declared I,
be to do a general commission and brOk
erage business in produce, farm product
and fOOdstuffS of all kinds, to act a
agent for others in the sale and distribu
' ton of farm products and fOodstuffs I,
\ engage in the manufacture and sale o
sauSages, hams and various kinds of mea
! products, and generally to do each an,
every act and thing done in connection
I with the operation of a general prOduC
business and to manufacture foOdstuffs.
4 | ARTICLE IN.-The capital stock of thi
T Corporation shall be fifty thousand $50.
. 100000 dollars. divided into five hundre,
r (JO0) shares of the par value of one hun
. dred (SlOOOO) dollars each and may b.
fifty thousand (S2jO OO0.O0) dollars. di
vided into twenty-five hundred (25OO
shares of the par value of one hundred
r CS1O000l dollars each. and this Corpora
| m no Nuba
half of the capital stock has been sub
scribed for and One-half thereof paid for
Each share of the stock shall be entitled
a to one vote either in person or by proxy
: at all general elections or meetings o
stockholders. Should the capital stool
of this Corporation ever be increased owe
: the sum of fifty thousand $50 0O0.OOl dol
= lars, then such additional shares of stOcl
that may be issued shall first be offere,
, to the holders of stock at the time of issu
= anCe at the book value of said new stOc
in the proportion in which the said stock
holders shall at the time of issuance hol
| stock in this Corporation, and should an
" stakeholder not purchase his proportion
. ate share, then said share shall be offere
= to the other stockholders in proportion I
q the number of shares held by them at tn
y time of the Issuance of the new stool
, Part of the stock has been paid for i
:. property. as per annexed inventory.
ARTICLE V.-The capital stock of thi
= Corporation may be paid for either
. money. property or labor done and in cor
: slderatlOn of the transfer by the CONNER
:, Cial partnership Of LONGING & Collins {
y the property described in the inventor
attached hereto. the corporation has give
y and transferred to the said cOmmercis
: firm of LONGING & Collins two hundre
u fifty (2J0) shares of the capital stock
y this Corporation in payment of the prOI
u erty described in said inventory and ha
3 granted fun discharge and acquittance
d Longino & Collins and the indiyidu;
members thereof for two hundred fit
Is (25O) shares of the capital stock Of TIL
n Corporation.
n ARTICLE VINO stakeholder shall eve
90 be held liable or responsible for the II
% dehtedness. faults or defaults of this col
10 pOration, nor shall any mere infOrmalit
"a in the organization OF the Corporate
40 have the effect Of rendering the chart,
"A null or of exposing the stockholders
- any liability beyond the unpaid balance.
u iany, on his stock subscription. ShOul
=, any stakeholder desire to sell his stock.
n shall first offer the same to the stool
n holders of the Company at its book valu
N through its Secretary, and the stockhol'
- ers who desire to purchase shall have Il
10 right to purchase the same in the propo
,S ton to their respective holdings of stoC
- in the Company. Should any stockhold'
., not wish TO purchase his proportions