The herald. [volume] (New Orleans, La.) 1905-1953, 1921-03-24

COMPANY, INC.
United States of America, State OF Louis
| lana Parish of Orleans, City OF rev VI
| leans Be it known, That on TINS the
10th day of the month OF FEBRUARY, IN une
| wear of our Lord. one thousand, nine nun
bred and twenty one, and OF the niue
pendence of the United States OF America
| the one hundred and forty fifth, before me,
Raymond II; saal, a notary ,. hGOisE nS d1 20,
| the Parish of Orleans, State or Louisiana'
| and in the presence Of the witnesses heIe
| matter named and undersigned, personally
came and appeared the several persons
whose names are hereunto subscribed VINO
| seyerally declared that, ayailing themselves
| of the benefits and provisions OF the Con
stitution of the State Of Louisiana ana Oh
the laws of said State relative TO the or
ganization of corporations, and partlcular-
ly of the provisions of Act No. 26I OF the
| General Assembly of the State OF Louisiana
for the year 1914. and the amehunentss
thereto they have contracted and agreed
| and united to form and do, by THESE
presents, contract and agree and BIND ana
obligate themselves to form, organize, ana
constitute themselves, as wen as al sucn
other persons who may hereafter join or
become associated with them or their sue
cessors, into stock corporation ana Douy
polite in law, for the objects and purposes
stipulations and agreements Of the articles
| following, to-wit:
ARTICLE 1.-The name and title Of this
corporation shall be RALPH GOLD
SMITH COMPANY, INC" and under ana
| by said name, unless sooner dissolved IN
| accordance with law and this charter, IL
! shall exist and continue, and shall have
| and enjoy corporate existence and success
| sion for a period of ninety-nin (99) years
! from and after the date OF this act. III
may have, hold, receive, borrow. loan,
exchange, acquire by grant, gift or pur-
chase, devise or bequest. sell. ALLEVIATE, dis
| pose of, convey, lease, pledge. pawn
| hypothecate, cucumber or mortgage prop,
erty of any kind, whether real, personal
| or mixed, corporal or incorporeai
movable or immovable, all subject TO such
| limitations as may be prescribed by law
| 1t may make. issue and endorse bonds or
notes and other evidences of debt. Ii
may accept mortgages, pledges or other
| forms of security for money loaned or
| other debts. 1t may contract, sue and be
| sued, plead or be impleaded by its cor
porate name in any court of competent
| jurisdiction. 1t may make adopt and use
| a corporate seal and alter or break the
same at pleasure. 1t may hold stock in
| other corporations, and its capital stock
may be issued for capital stock in other
corporations. 1t may name appoint and
employ such managers, directors, ana
| officers, agents and other employees as its
! interests, business and convenience may
| require. and may fix their compensation,
| having due regard to the nature, character
and value of their services. 1t may make
| ana eStaDnSn Dy-iaWS, ruleS ana TeEuld-
| tions not inconsistent with this charter
or any existing law, fixing or altering the
! management of its property. the regula-
| ton and government of its affairs, and the
manner of the certiicatiOn and registra-
ton of its stock. 1t may wind up and
| dissolve itself, or be wound up and dis
solved in the manner prescribed by law.
| 1t may conduct business in this State,
other States, the Federal Districts, the
Territories and possessions Of the United
States. and any foreign country. IL shall
| have the power to invest its Board of
Directors with all Of its corporate powers.
! subject to such restrictions as may be
named in this charter. And 1t generally
| shall have and possess all the powers,
rights, privileges and immunities which
corporations are and may hereafter be
| authorized to have and possess under the
| Constitution or the laws Of this State, and
particularly under Act No. 267 of the Acts
Of the General Assembly of the State of
Louisiana for the year 1914, and the
| amendments thereto.
| ARTICLE 1.-THE domicile Of this cor
poration shall be the City of New Orleans,
Parish Of Orleans, State of Louisiana, and
all citations or other legal process shall
be served upon the President of this cor
poration, or in case Of his absence. upon
| the Vice-president, or In the absence of
these officers, upon the Secretary Treas
| urer of this corporation.
ARTICLE III.-The objects and purposes
for which this corporation is formed and
| the nature of the business to be carried
on by 1t are hereby declared to be: To
forms, shapes and phases as principal,
agent on commission, or otherwise; to
buy, sell. import, export and generally
deal, operate and trade either at whole
| sale or retail in all kinds of merchandise
without limitation, but especially rice.
either rough or clean, and the by-products
| thereof; and to carry on any other bust
ness which, under the law, 1t may be
rrNv xx-ha nh a.
the corporation to be calculated directly
or indirectly to affect the foresaid objects
or either Of them or facilitate 1t In the
transaction of the aforesaid business or
businesses or any part thereof or in the
transaction of any other lawful business
that may be calculated directly or in
directly to enchance the value Of or to
render profitable any Of its property and
all such incidental powers and privileges
and do and perform all things as relate
to the objects and purposes hereinabove
set forth or as may be needful. necessary.
proper. useful or Convenient for effccting
said objects and purposes.
ARTICLE IX.-The authorized capital
stock Of this corporation is hereby fixed
at and declared to be the sum Of Five
Thousand Dollars (S5.000.00) which capital
stock may be increased in the manner pro-
vided by law to the sum of One Hundred
Thousand Dollars (s100,0O0.O0).
The presently authorized capital stock Of
this corporation shall consist Of two hun
dred (2OO) shares OF the par value of
Twenty Five Dollars (s25.O0) each.
/ The capital stock shall be represented by
certificates and shall be personal property.
| No transfer Of said capital stock shall BE-
| binding upon this corporation unless made
in accordance with its charter and by laws
and recorded on the books thereof.
ARTICLE v-The capital stock of this
corporation shall be fully paid and non
assessable when issued, and snail be issued
only for labor done or for property actual
ly received or for cash to be paid at such
times and In such amounts and after such
notice as may be determined by the Board
Of Directors.
| ARTICLE vI.-AlI the corporate powers
Of this corporation shall be vested in and
exercised by a board Of three 90 directors,
each Of whom shall hold In his own name
at least one ~ share of stock. Said
Board Of directors shall be elected annually
on the third Wednesday in February of
each year. the first election to be held in
the year 1922. All such elections shall be
by ballot, at the office Of this corporation
under the supervision of two (2) commits
sioners. to be appointed by the Board OF
| Directors, and in the absence Of any COM
missioner, the President shall have power
to NIL the place by appointment, and Of all
such elections, as well as of all meetings
OF stockholders, except for the purpose OF
liquidation or dissolution, or as otherwise
required by law, fifteen days notice shall
be given by, mailing to each stakeholder
who appears as such on the books of this
| corporation, at his last designated ad