The herald., 1921-05-05
CHARTER
CHARTER OF THEO. CIACCIo COM
PANY, INC.

United States of Amerca, State of Lou
isiana, Parish of Orleans. City of New Or
leans BE il known, That on this twenty
sixth day of the month OF April IN the
year one thousand, nine hundred ana
twenty -one before me- John X. Upton
notary public in and for this city ana
the Parish of Orleans, State OF LOUISIANA;
therein residing, duly commissioned anu
qualified. and in the presence OF the VIII
nesses hereinafter named and undersigned,
personally came and appeared the several
persons whose names are hereuntO SUP
scribed, who declared to me- Notary thdt
availing themselves of the provisions OF
the laws of this State relative to the Or
ganiZatiOn of corporations, ana more espe-
cially of Act 267 of 1914, they have cove
nanted and agreed. and by these presents
do covenant and agree for themselves, their
successors and assigns, TO form thelh'
selves into corporation ana OOu! PoLSlo,
for the objects and purposes, ana uhuer
the stipulatiOns hereinafter set fOrth, 10
wit:
ARTICLE 1.-The name and title of this
cornoration shall be the TheO. Clacclo
Company, Inc, and under such title II snail
have and enjoy succession ana tAlstthct
for period of ninety-nl (S9) years
from the date hereof, unless sooner uls-
solved IL shall have power aud authority
10 contract, sue and be sued 4; w make ana
use a corporate seal, the same 10 DFedh
and alter at pleasure; to have, hold' Ou!,
III,
pledge property. real, personal or mixed
necessary proper or incidental Tor the
carrying on of its business, as Wen as
to issue bonds or notes secured Dy sucI
mortgages; to make and issue notes ana
other certificates of Indebtedness 10 name
elect and appoint managers, directors
clerks and other employees 10 proper! CON
duct its corporate business, ana 10 MAKE
sncb bylaws. rules and regulations as
may be necessary or found desirable lot
the management of its business ana aHalrs'
and generally, to do every other act mat
ter or thing necessary or desirable TOT inc
complete and proper carrying out of SAID
business.
ARTICLE 1.-THE domicile of this cor
poratiou shall be at the City of New Or
leans, in the Parish of Orleans, state OF
Louisiana, where all citations or other
legal process shall be served upon the
president or in his absence on the vice
president and in the absence OF both on
the secretary treasurer
ARTICLE III.-The objects and pur-
poses for which this corporation Is or
ganized and the nature of the business 10
be carried on by It are are G ns snd dea in
general merchandise of every KIND ana
Character, and to do general merchan-
disc business, including that OF buying
and selling on commission basis anu Ior
itself: to- do a general importing and eX-
porting business, both domestic ana Tor
eign; to build, own, lease ana Operate
store or stores both retail ana wnolesale
store-rooms warehouses Tor the storage
of merchandise or cold storage purposes,
TO store goods of all kinds in such store
rooms or warehouses for itself ana others'
and to make reasonable charges Tor serV-
ice In storage of goods; to issue receipts
In exchange for goods stored, and TO dls-
pose of said goods for account of the own
ers thereof upon their failure TO cOhPI!
with the conditions OF sucn storage con
tract: to make loans on goods stored either
In the store or stores, store-rooms or ware
houses of the corporation or others, ana
to issue notes and other securities IN the
purchase of goods; to represent others as
agent or otherwise in the same line or SINH
lar lines of business; to act as manuIac-
turers agent and to receive and sell goous
on consignment; to acquire ana own stoC
in other corporations; and, general1y, 10
do and perform any and all things neces-
sary or convenient to carry on SAID ooJects
and purposes.
ARTICLE Iv.-The capital stock of this
corporation is hereby fixed at thirty thous-
and ($3OO00.O0) dollars, divided into three
hundred 5000 shares OF the par Naiue r Oh
yided, that the amount to which the capitai
stock of this corporation may be increased
shall be three hundred thousand lsS so6,,
OOOOO) dollars. Three hundred (SoO)
shares. or thirty thousand $3.50, 00O.00) dol
lars of the capital stock of this corpora
tion must be subscribed before the ming
of the articles of incorporation. The SUD
shall be payable in cash, property treal OF
PERSONAL or for labor and services rem
dered and performed
No stockholder shall ever be held liable
or responsible for the faults, contracts oil
debts of this corporation in any further
sum than the unpaid balance due the cor
<Nporation on the shares of stock subscribed
~ him, nor shall any mere informally
IN organization have the effect or rem
/dering this charter null or OF eAposiht
any Shareholder to any liability whatso
ever.
This corporation shall not engage II
business until three hundred 1901 shares
or thirty thousand 30,0O0.0Ol dollars o
the capital stock shall have been sub
scribed and three hundred 5000 shares
or thirty thousand (S30,O00.OO) dollars o
paid in, In cash. If, in addition, any stoci
of this corporation is exchanged, either Il
whole or in part, for property or gOod
will in that event the provisions of See.
of Act 267 of 1914, shall be complied witt
strictly.
ARTICLE Van the corporate power
of this corporation shall be vested in ant
exercised by a Board of Directors com
posed of three stockholders, each of whom
shall own in his own right, during hi
term of office at least one full paid shar
of stock, majority of whom shall con
stitute a quorum for the transaction o
business.
The officers of this corporation shall con
sist of a president, vice president, and sec
rotary treasurer all Of whom shall b
members of the Board of Directors. Tn
officers of secretary and treasurer may b
combined in one and the same person.
The following named persons shall cor
stitute the first Board of Directors, to-wit