The herald. [volume] (New Orleans, La.) 1905-1953, 1920-10-21
CHARTER OF LONGING COLLINS.


United States of America STATE Of Lon
I>lHna. Parish uf Orleans city ui New or
leans. he IT known. That on this TWEEN
ticth day OF the month of August in ,b,,
Year Of our Lord one thousand nine nun
drrd and twenty. and Of the IuIrprui.ur,.
% ffh" United states Of America tn. ON,
Of the United States Of America the one
thur \. Morruo.l Notary Public. duly com
mI>Slon"d and qualified. in aud for this
city and m" Parish of Orleans, therein
residing, and in the presence Of the here
matter named and undersigned witnesses.
personally cam" and appeared the follow
lhS named persons. who's. names are herr
unto subscribed. tOgeth her with the amounts
Of their respective subscriptions to the
capital stock Of the corporation TO he
formed. who Sryerally declare that avail
ing themselves Of tho provisions Of the
general laws Of the Stat. Of LouiSian. rpl
atiy" To the organization Of rOrporations
they have cov"naHted and agreed. aud by
th">" presents covenant and agree. and
bind and Obligate themselves, aS well As
such other persons aS may hereafter he
com" associated with them or their sue
r'>>or>, to form and constitute themselves
INTO a corporation and body polite in
law. and for the objects and purposes and
under the agreements and stipuIation>
following. to-wit:
ARTICLE The name and title Of this
corporation shall be LOnginO X Collins
Inc. and by that name this Corporation
shall have power aud authority to have
anu FllJbN NH''fNSlbN TOT inc 1lil term Of
ninety whine years from the date hereof
to contract. sue and be- sued to borrow
money: to make and issue its negotiable
debts: to max" and use a corporate seal
to purchase and receive, lease. hold sell
and convey, well as mortgage and
hNpOthecat". property. real, personal and
mixed. 10 build on and improve any prOp-
erty or real estate: TO name and appoint
such officers and agents as the interests
of said corporation may require: to make
and establish such bylaws and regulations
for the proper management and regulation
OF IT'S affairs as may be deemed necessary.
ana the same to alter change and amend
at pleasure.
ARTICLE 1.-THE domiciIe 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 ease of his absence. upon the Vice PrcSi-
d"ntS or. in case of the absence of both
Of these officers. upon the Secretary there
of.
ARTICLE III.-The objects and pur-
poses for which this Corporation is estab-
li>h"d. and the nature Of the business to
be carried on by it are hereby declared to
be To do a general commission and brok-
"rage business in produce farm products
and foodStuffS Of all kinds. to act as
agent for others in thc sale and diStribu-
ton of farm products and foOdstuffS: 10
engage in the manufacture and sale of
SausageS. hams and various kinds of meat
products. and generally to do each and
every act and thing done in connection
with ia" operation Of general produce
business and To manufacture foodstuffS.
ARTICLE IN.-The capital stock of this
corporation shall be fifty thousand $50
OwOOl dollars. divided into five hundred
lJOol shares of the par value of one hun
dred 100000 dollars each, and may he
Increased To the sum of two hundred
fifty thousand $3.50 OOOOW dollars. di-
vided into twenty five hundred 25OOl
shares of the par value of one hundred
iSlOoOOl dollars each. and this Corpora
llon Is to be going concern when one
half of the capital stock has been sub
Scrihed for and One-half thereof paid for
Each share of the stock shall be entitled
to one vote either in person or by proxy.
az all general elections or meetings of
ockhOlders. Should the capital stock
Of this Corporation ever be increased over
the sum of fifty thousand $50 OOOOOl dol
lars, then such additional shares of stock
that may be issued shall first be offered
TO tn" holders of stock at the time of isSu-
ince at the book value Of said new stock
in the proportion in which the said stock
holders shall Mt the time of issuance hold
stock in this Corporation. and should any
stakeholder not purchase his proportion
ate share. then said share shall be offered
10 the other stockholders in proportion to |
the number of shares held by them at the |
time of the issuance of the new stock |
Part OF the stock has been paid for in |
property, as per annexed inventory.
ARTICLE N.-ThP capital stock Of this |
Corporation may be paid for either in |
money. property or labor done and in CON !
'ideration of the transfer by the CONNER
'ial partnership of LOnginO & Collins of |
The property described in the inventory |
attached hereto, the corporation has given |
and transferred to the said commercial
firm of Longino & Collins two hundred |
fifty (2jO) shares OF the capital stock of /
this Corporation in payment of the prom |
arty described in said inventory and has |
granted full discharge and aCquittance 70
LonCino < Collins and the individual
members thereof for two hundred fifty
l2JO| shares of the capital stock of this /
Corporation.
ARTICLE VINO stakeholder shall ever
be held liable or responsible for the in
iebtedness. faults or defaults of this cor |
1Oration, nor shall any mere informalitv
n the organization of the CORPORATION
nave the effect Of rendering the charter
null or of exposing the stockholders TO
my liability beyond the unpaid balance, if |
my, on his stock subscription. Should |
my stakeholder desire to sell his stock he |
hall first offer the same to the stock
FOLDERS of the Company at its book value.
through its Secretary. and the stockhold-
rs who desire to purchase shall have the
light to purchase the same in the proper
ion to their respective holdings of stock
n the Company. Should any stakeholder
lot wish to purchase his proportionate