The herald. [volume] (New Orleans, La.) 1905-1953, 1921-05-19
CHARTER OF THEO. CIACCIO COM.
PANY, INC.

April 2S-June
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 and
twenty-one; before me, John X. UPTON, a
notary public in and for this City and
the Parish of Orleans, State of Louisiana.
therein residing. duly commissioned and
qualified, and in the presence of the wit
nesses hereinafter named and undersigned,
personally came and appeared the several
persons whose names are hereunto sub
scribed, who declared to me, Notary, that
ayailing themselves of the provisions of
the laws of this State relative to the or
ganiZation of corporations, and 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 them
selves into a corporation and body polite.
for the objects and purposes, and under
the stipulations hereinafter set forth, to-
wit:
ARTICLE 1.-The name and title of this
corporation shall be the Theo. CiacciO
Company, Inc, and under such title ii shall
have and enjoy succession and existence
for a period of ninety-nine (99) years
from the date hereof, unless sooner dis
solved; Ii shall have power and authority
to contract, sue and be sued to make and
use a corporate 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 on of its business, as well as
to issue bonds or notes secured by such
mortgages; to make and issue notes and
other certificates of Indebtedness; to name,
| elect and appoint managers, directors,
he of ar IN n
| duct its corporate business. and to make
| such bylaws, rules and regulations as
may be necessary or found desirable for
| the management of its business and affairs,
and generally, to do every other act. mat
| ter or thing necessary or desirable for the
complete and proper carrying out of said
| business.
ARTICLE 1.-THE domicile of this cor
poration 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 to
be carried on by it are hereby declared
| and stated to be: To buy, sell. and deal In
| general merchandise of every kind and
| character. and to do general merchan
| disc business, including that or buying
| and selling on a commission basis and FOL
| itself; to do general importing and ex'
| porting business, both domestic and for
| eign; to build, own, lease and operate
| store or stores both retail and wholesale
/ store-rooms or warehouses for 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 serv-
| ice in storage Of goods; to issue receipts
| in exchange for goods stored, and TO dis
i Of
ers thereof upon their failure to comply
| with the conditions of such storage con-
| tract to make loans on goods stored either
/ in the store OF stores, st0re-rOoms or ware.
| houses of the corporation or others. and
/ to issue notes and other securities In the
purchase of goods; to represent others as
| agent or otherwise in the same line or simi
/ lar lines of business; to act as manufac-
turers agent and to receive and sell goods
| on consignment; to acquire and own stocs
| in other corporations; and, generally, 70
| do and perform any and all things neces
sary or convenient to carry on said objects
| ARTICLE Iv.-The capital stock of this
| corporation is hereby fixed at thirty thous
and $3.50, 100000 dollars. divided into three
hundred 1900 shares Of the par value OF
| one hundred (S100.00) dollars each; pro.
vided, that the amount to which the capital
stock of this corporation may be increased
shall be three hundred thousand $500
oooOo) dollars Three nnnd ore do 'So s'
lars, of the capital stock of this corpora
| ton must he subscribed before the films
of the articles Of incorporation. The sub
| scribed capital stock of this eorporatloi
shall be payable I'm cash, property (real OF
personaD or for labor and services rem
| dered and performed.
/ No stakeholder 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
| poration on the shares of stock subscribed
by him, nor shall any mere informally
in organization have the effect or rem
dering this charter null, or of exposing
any shareholder to any liability whatso
ever.
This corporation shall not engage II
business until three hundred 5000 shares
or thirty thousand ($30.0O0.00) dollars o.
the capital stock shall have been sub
scribed, and three hundred 5000 shares
or thirty thousand (s30,0O0O0) dollars o.
the capital stock have been issued an6
of this corporation is exchanged either II
whole or in part, for property or good
will. in that event the provisions of Sec:
of Act 267 of 1914, shall be complied will
strictly.
ARTICLE v.-An the corporate power,
of this corporation shall be vested in and
exercised by 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 o.
members of the Board of Directors. Th'
officers of secretary and treasurer may b'
cont ined in one and the same person.
1 The following named persons shall con
stitute the first Board Of Directors. to-wit
Theodore Ciacco. 1897 Milan Street, New
Orleans La; Anthony ID. Ciaccio, 1S3
| Milan Street. New Orleans, La; Saleh
Dabdoub, 1920 Milan Street, New Orleans
La, all residents of the State OF Louis
lana and domiciled at the addresses abov'
stated, with Theodore Ciaccio as president
Saleh @. Dabdoub as vice president. ant
Anthony d. Ciaccio as secretary-treasurer
and these directors and officers shall holt
Office until the fourth Tuesday Of April
1922 or until their successors are dui!
elected and qualified.
Thereafter the directors shall be elected
annually on the fourth Tuesday Of April o
each year. and they shall elect their owl
officers; all elections Of directors shall D.
by ballot and each stakeholder shall D.
entitled to one vote for each share Of stool
standing in his name on the books OF thi
A a. - ouf tn ~ nj