The herald., 1922-02-02
RENE A. VIOSCA,
MURIEL SAXON.
CHARTER OF
NJ. RUELLO a. CO., INC.

United States of America, State OF
Louisiana, Parish of Orleans, City of
New Orleans. Be ii known that on TINS
18th day of the month of January, in the
year of our Lord, one thousand nine hun
dred and twenty-five, and of the lnde-
pendence of the United States or Amer
lea. the one hundred aHd forty-seventh.
before me, JOHN WAGNER, Notary
Public duly commissioned and qualihed
in and for said city, parish and state.
therein residing, and in the presence OF
the witnesses hereinafter named and I'M
dersigned. personally came and appeared
the several persons whose names are
hereunto subscribed, who seyerally de-
clared that, availing themselves of the
laws of the State of Louisiana relative
to the organization of corporations, ana
especially Act No. 261 of the General AS
sembly of the State of Louisiana for the
year 1914, they do by these presents, for
themselves, their successors and assigns,
form themselves into corporation ana
body polite in law, for the purposes and
objects and under the articles and stipu-
lations hereinafter set forth.
ARTICLE /. The name of this corpor-
alton shall be NJ. RUELLO x CO., INC,
under which corporate name 1t shall nave
corporate existence and succession Tor
the term of ninety-nine years from and
after the date hereof. 1t shall have power
to sue and be sued; to contract, pur-
chase, lease, mortgage, pledge, allehate
and cucumber real estate and personal
power and authority connected with the
purposes of this organization or incl,
dental thereto, and all the power ana
authority conferred on corporations by
the laws of this State.
ARTICLE H. The purposes for which
this corporation is organized are: To
deal in groceries, teas, coffee and other
articles used and connected with TINS
! grocery business, and to sell same at re,
! tail or otherwise, and to buy and sell
same. and to do all things necessarily or
| implicitly incidental to the said business
| and to do everything thai may foster OF
| extend or improve or facilitate. directly
| or indirectly, the successful carrying ou'
| pOratiOn and the business thereto.
| ARTICLE III. The domicile OF thi'
corporation shall be in the City Of New
Orleans. Louisiana. Citation OF all lega
process and other legal notices shall b.
| served upon the President of the corpor
alton, and, in his absence. on the Vice
President.
ARTICLE ". The capital stock o
Thousand Dollars (s1O,0OO.OO). divide
into one hundred 600 shares of On
Hundred Dollars (s1OOOO) eech.
The capital stock may be increased {
not to exceed Fifty Thousand Dollar
| $3.50, 900. 0O), and the increase in the car
ital stock may be by preferred or CON
mon stock, or partly of one and partl
of the other; and the terms Of the pre-
ferred stock shall be fixed by the Boar
of Directors, which may be in existenc
, at the time of the proposed increase.
ARTICLE v. All the powers of tn
corporation shall be vested In Boar
of Directors, composed of three stool
: holders, and power and authority
hereby vested in the Board of Director
, to increase the number of directors
! any number not exceeding five t5l: an
! the said Board of Directors may fill vi
, cancies in their number, however cause
: by election from among the stakeholder
!, The said Board of Directors shall
: elected annually, on the first Tuesday
: July of each year, except the first ele
y ton to be held on the first Tuesday
{ July, 1923.
;. At the annual meeting held for Il
: election of directors, each share Of stot
r shall be entitled to one ~ vote, whit
: may be cast in person or by write
: proxy.
d The failure to hold such meetings shi
y not terminate the corporation, but 4
D officers then In office shall hold ov
until their successors are elected al
4 qualified