The herald., 1922-02-02
CHARTER.

amend at pleasure such bylaws, rules
and regulations for the proper manage
ment and regulation of the affairs of said
corporation as may be necessary and
proper.
ARTICLE III. The domicile of said
corporation shall be at New Orleans,
Parish of Orleans, State of Louisiana.
and all citations and other legal process
shall be served upon the President of said
corporation; or, in case of his absence,
upon one of the ice-Presidents; or, in
the absence of all of these officers upon
| the Secretary of the corporation.
| ARTICLE III. The objects and pur-
| poses Tor which this corporation is organ
/ lied, and the nature of the business to
| be carried on by it, are hereby declared |
| TO be: To carry on aud conduct the bus |
| mess of Wholesale merchants, dealers in |
poultry. poultry and dairy products, and |
! all other products Of every kind and |
! character whatsoever, including their by |
! products or combinations thereof, and to |
do any and all business incident thereto |
! or connected Herewith. as well as a gen |
eral wholesale and jobbfng mercantile
! business.
ARTICLE ". The capital stock is
hereby fixed at Fifty Thousand Dollars (
$50 100000, divided into five hundred
shares Of the par value of One Hundred
| Dollars (SlO0OOl each. whereof fifty per
cent shall be subscribed and paid for
before the filing of these articles of in.
corporation. All stock subscribed for
shall be paid for in cash or property
received. Each share of stock shall be
entitled to one vote at all ELECTIONS and
meetings and entitled To the same rights
and privileges as any other sdch share.
No stock shall be issued over and above
the shares subscribed for at the time of
the signing of this act of Incorporation
whether il he out of the balance of the
capital stock herein provided for. or out
of any Increase of the capital stock. with
ont first Offering ii to the stockholders
of record In the proportion of their hold
ings as shown by this act of incOrpor-
may be increased up to the amount of
one Hundred Thousand Dollars (S1OO.-
100000 No stakeholder in this cOrpor-
. alton shall dispose of his holdings, or
, any part thereof. without first Offering
the same TO the corporation at its book
value, and the corporation shall have ten
NO) days within which to accept or re-
2 jet the said offer.
No stakeholder shall ever he held liable
or responsible for the contracts or faults
{ of SAID corporation in any further sum
e than the unpaid balance due on the
I | shares of stock owned by him. nor shall
any mere informality in organization
e have the effect of rendering this charter
= null. or of exposing any stakeholder to
y any liability beyond the amount due on
( his stock.
0 ARTICLE V. All the corporate powers
n | of this corporation shall be vested in
= and its business and affairs managed by
f la Board of Directors consisting Of four
= t4 members, three 80 of whom shall
' constitute quorum for the transaction
. of business. Any Vacancy or vacancies
i in the Board of Directors shall be flied
Q by the remaining directors.
i The stockholders of this corporation
D shall. within ten days from the signing
l. hereof. proceed TO the election of n Board
4 of Directors to consist of four men,
: bers, well as the election of n
q President. Sice-PreSident. Secretary and
: Treasurer. which last two offices may
- be held by one person. Annually there
t after the said corporation shall elect
II from among its stockholders, on the sec
e ond Monday Of January of each year. 4
n Board of Directors consisting of four
n President and Secretary Treasurer. which
IT last two offices may be held by one per
N son.
= The first Board of Directors and off
20 GERS to be elected under this charter shall
m hold office until the second Monday in
i January, 1923. or until their successor:
l. are elected and qualified.
!! Failure to elect directors on the day
- above specified shall not dissolve the cor
- - poration. but the directors then in Office
- shall remain in office until their success
~ sors are elected and qualified.
f. ARTICLE VI. All notices of stockhold
ID ers or Board of Directors meetings
H. including the annual meeting herein pro
n vided for, shall be held after twenty fou
I'd CD hours written notice shall have bee
m mailed by the Secretary to each stock
" holder at his last known place of RES
of dence, and at all stockholders meeting
T.
e. proxy or otherwise shall control.
I'd ARTICLE VII. This charter may
Ike amended. or the corporation may be dii
ID. solved and liquidated, by a ffty-One (51
IS. per cent vote of the capital stock ar
n pearing on the books of the compan!
of and in the case of liquidation, the Boar
mt of Directors then in office shall liquidat
We the corporation.
of Thus doae and passed at my office
he the city of New Orleans on the da,
nd month and year herein first above wri
or ten, in the presence of August II. Ritz.
on and Miss Amelia Babin. competent wi
nesses, who hereunto sign their nam,
* with the said appearers and me- Notar
be after reading of the whole, the said al
led bearers likewise subscribing for the nun
the Der of shares set opposite their respecti'
of names.
S+ (Names, addresses and number of shar
Tor of the subscribers.)
ms Witnesses:
ew A. H. RITTER.
tie. A. BABIN.
mia J. NJ oUINTERO,
ed. Notary Public.
uc- l. the undersigned Recorder of Nor
nal cages in and for the Parish of Orlean
nit State of Louisiana do hereby certify tn
nit the above and foregoing act of incorpo
ok alton of JOS. SAMUEL CO., INC, w
Xix this day duly recorded in my office
Tor book 126S. folio
at New Orleans. La. Jan. "a, 1922.
(Signed) ROBT. SCOTT,
hat Deputy Recorder.
es- J. NJ. QUINTERO.
by Notary Public.
Jan. 29-Mch2
ind CHARTER OF