The herald. [volume] (New Orleans, La.) 1905-1953, 1922-08-17
CHARTER OF w. ]. RICHARDS, JR.
CO., INC,

w., 1NS.
United states or America. State %
/ Louisiana, Parish of Orleans City Of
4 New Orleans, Be ii known, that on this
twenty-fourth day OF the month OF
June. in the year of our Lord. one
thousand. nine hundred and twenty
two. and the independence of the I1nitr.'
/ states Of America the one hundred and
! iorty-siXth. before me. William r Con
kerton. notary public. in and for the
/ Parish Of Orleans. State of Louisiana.
I duly commissioned, sworn and ouaIiri-
| lied, and in the presence of the wit
| nrSSeS hereinafter named and under
/ signed: personally came and appeared:
| Inc several parties whose names ara
! hereunto subscribed. who seyerally de
I clared: That awaiting themselves Of
/ the laws OF the State of Louisiana I'm
such cases made and provided. they
J have Covcnautcd and agreed and do
b by these presents. covenant and arrr.
! ana bind themselves. as well as all
other persons who may hereafter be-
come associated with them. to form a
corporation, and body polite. in law.
Tor the objects and purposes and under
tO-wit:
ARTICLE THE name Of this cor
norati"n shall be wv. J. Richards Jr..
60, Inc. and under its said COrporatr
name. it shall have power and authority
10 ENJOY corporate existence and sue
ceSSion for the full term of ufur.y-nfr.
years from and after the date hereof.
- -
ana use a corporate seal. and to alter
ana break the same at plea Assure. Ia 4g-
qulre by grant. gift or otherwise hold
receive hypothecate. convey, sell. lease
pledge. mortgage and dispose OF Dro-
perry. real! personal and mixed. TO is
sue negotiable bonds and notes or other
evidences of debt; to name and appo:nt
Such managers. agents. directors an!
OFFICERS. as its business interest and
convenience may require; TO make ana
establish. as well as to alter and amend.
from time to time. such bylaws rules
'hd regulations for the proper manage
M'nt OF the affairs Of this corporation
as the same may be necessary and nrn-
per; said corporation shall have further
power To acquire. sell and DISPOSE OF
,.apitai stock in other corporations: and I
1urther enjoy and exercise all the
rights and privileges and grants under /
the laws OF this state and more rar-
ticularly under Act 267 of the Lotis- /
laha Legislature of 1914.
ARTICLE 1.-THE objects and pur- /
poses for which this corporation is or
canned. and the nature of the business |
10 he carried on by 1t, are hereby de-
cl3red To he:
To conduct and, carry on the business
OF wholesale fruit and produce mer-
chants and commission merchants. as
well as any other business incidental
thereto or connected herewith
ARTICLE III-The capital stock of
this corporation is hereby fixed at the
sum of five thousand (s5.OOOO O) dol
lars. to be represented by fifty (5Ol
shares OF the par value of one hundred
lSlOO.OO) dollars per share, PAYABLE at !
such time and in such installments. and
under such conditions as the board of |
directors may determine. This corpo-
ration shall be going concern and
authorized to do business. as soon as
tlfty (5O%C per cent of it's authorized
capital shall he subscribed for and at
east fifty (5OG) per cent. of all stock
50 ,s subscribed for, shall be paid for.
STOCK OF this corporation shall only he
issued for cash, or for services rem
iered. property or other valuable CON
'lderatfons. enuring to this corporation
recording to the exclusive Judgment and
thdingS OF the board of directors there
ARTICLE IV-In the event any
holder or owner of stock, well as his
widow, estate or heirs, desires to sell
'r dispose of the same, such holder
'r owner, as well as his widow, estate
'r heirs. must first tender such stock
% the other stockholders. through the
board of directors. for purchase for a
'erlou or thirty days, in writing. at the
'rice of said stock on the books of the
corporation: and during such period of
hlrty days, the said stockholders shall
ave the exclusive right to accept or ,
EJECT the purchase of said stock as | (
hey may elect: and in the event said !
tockholders. through said board shall
all to make said purchase within the !
aid period at the price offered under !
he conditions aforesaid. then and in ,
nat event the stakeholder or stock =
IolderS, his widow, estate or heirs de- |
irlng to dispose of his stock may sell {
he same to such other person or per- ;
OnS as he may see fit. r
ARTICLE V-The dOmicile of this /
orporatlon shall be in the City of New I
,rleans; La, where all meetings of the I
tOckholderS or directors must he beIJ :
rovided, that with the written consent ,
1 all the directors, valid meetings OF q
ne directors may be held outside of the q
tate or within the state. elsewhere \
nan at its domicil. Citation shall he a
erved upon the president or in his alb >
ence or disability upon the vice-presi- a
ent; and in the absence or disability =
l the latter upon the secretary-treas- a
ARTICLE VI-An the corporate q
overs of this corporation shall be e
ested in and exercised by a board of n
lrectors. composed of three stock d
olderS, majority of whom shall con- g
,itute quorum for the transaction of
IL business. Said directors shall be e.,
lected on the fourth Monday of June =
Ia, each year. commencing with the n
UNDERSTANDING that the first board of 4
lrectors selected by the stockholders %
nd named in this charter. as we'll as g
Re lIrst set or officers. as hereinafter n
AIMED, shall hold office until the fourth -
onday of June. 1923, or until their sue y,
1alified N 'e
hLtcI lne erection or said board Of 4,
rectors by the holders of stock. as
ereln provided, there shall be elected q,
sara directors from their own num- =,
r. the officers of the corporation. n
men are as follows: list: A president. vi
10: A vice-president; 3rd: A secretary g,
~ sun: A treaSurer.-which last two ~,
ices shall be combined in one person ~
Inc first board of directors, and tbe n,
1lcers or this corporation as selected .,
the stockholders, together with their =,
ISL o1flce addresses are. as follows. W g.
Elchards, Jr., president care French n;
arKet. New Orleans. La; A. Glerieso -,
Ce-presIdent. 531 St. Ann Street. New g.
'leans' La; A. st. Raymond Secretary 90
rleans. La -'" al
ARTICLE VII-The annual meeting q
tne stockholders of this Corporation :,
r the election of directors shall he -
10 on the fourth Monday of June of htS
en- year. commencing with the fourth -.
9nday OF June. 1923. The election for y,
10 directors shall be by ballot and the nss
aJority in amount of stock. voting 81 ~
nether In person or by proxy, shall W.
ect the person for whom thew are uN
81; each share of stock voted upon to -. -.
counted but for one vote. Said % ..
ocK snail not be entitled to cumula- %
re voting. co
The board of directors shall give at pa
lst Ilrteen days notice by mail of the nc
ction OF said directors. and shall APP ae
I'M, IN one or more stockholders to pre- oh
'e at such elections. Any failure w
u" any cause whatsoever to elect d. III