The herald., 1921-06-02

NAT. W. BOND.
Notary Public.
CHARTER OF THEO. CIACCIO COM
PANY, INC.
United States of America State of Lou
isiana, Parish of Orleans, City of New Or
leans BE it 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 Il. 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
awaiting themselves of the provisions of
the Jaws 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 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 it shall
have and enjoy succession and existence
from the date hereof unless sooner dis
solved; 1t 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,
clerks and other employees to properly con-
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 etary-treasurer.
ARTICLE III-The objects and pur-
poses for which this corporation rs 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 a general merchan-
disc business. including that of buying
and selling on a commission basis and for
itself; to do a 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
pose of said goods for account of the own
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 or stores, store-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 SINH
lar lines of business; to act as manufac-
turers agent and to receive and sell goods
on consignment; to acquire and own stock
in other corporations; and, generally, to
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 ($30,0O0.OO) dollars, divided into three
one hundred ($1OO.OO) dollars each; pro-
vided, that the amount to which the capital
stock of this corporation may be increased
shall be three hundred thousand $500
shareS. or thirty thousand $3.50, 600 OO) dol
lars, of the capital stock of this corpora.
ton must be subscribed before the filing
of the articles Of incorporation. The sub
scribed capital stock of this corporation
shall be payable in cash, property (real or
personally. or for labor and services rem
dered and performed.
No stakeholder shall ever be held liable
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 infOrmality
dering this charter null, or Of exposing
any shareholder to any liability whatso-
ever
This corporation shall not engage in
or thirty thousand ($3O.OOO.OO) dollars of
the capital stock shall have been sub |
scribed, and three hundred 1900 shares, |
or thirty thousand $3.50, 0O0.0O) dollars of
paid in, in cash. If, in addition. any stock
of this corporation is exchanged, either in
whole or in part, for property or good |
will, in that event the provisions of Sec.
of Act 267 Of 1914, shall be complied with |
strictly.
ARTICLE VAN the corporate powers
of lthis-eorporation shall be vested In and |
exercised by a Board of Directors com |
posed Of three stockholders each Of whom |
shall own in his own right. during his |
term of Office at least one full paid share /
of stock. majority Of whom shall con-
stitute a quorum for the transaction of
business.
The officers Of this corporation shall con-
sist of a president. vice-president, and sec
rotary treasurer, all Of whom shall be |
of the Board of Directors. The |
officers of secretary and treasurer may be
combined in one and the same person.
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, 1897 /
Milan Street. New Orleans, La; Saleh G.
1920 Milan Street. New Orleans,
La all residents of the State Of Louis
lana. and domiciled at the addresses above
stated, with Theodore Ciaccio as president.
Saleh G. Dabdoub as vice-president, and
d. Ciaccio as secretary treasurer;
and these directors and officers shall hold
uffice until the fourth Tuesday Of April,
1922. or until their successors are duly
elected 4nd qualified.
Thereafter the directors shall be elected
annually on the fourth Tuesday Of April. Of
each year, and they shall elect their own
officers all elections Of directors shall be
by ballot. and each stakeholder shall be
entitled to one vote for each share of stock
standing in his name on the books of this
/