The herald. [volume] (New Orleans, La.) 1905-1953, 1922-02-09
CHARTER.
STAMPS FARRAR,
Notary Public
CHARTER OF l.. A. FREY & SONS. INC.
Jan. 19-Feb. D.


Jan. 19-Feb. D.
CHARTER OF l.. A. FREY & SONS, INC.
State of Louisiana, Parish of Orleans,
City of New Orleans. BE IL known, that
on this the second day of the month of
January, in the year of our Lord, one
Thousand Nine Hundred and Twenty
Two, before me, Edward Haspel, a Notary
Public, duly commissioned and qualified,
in and for the Parish and State afOre.
said, therein residing, and in the presence
of the witnesses, hereinafter named and
undersigned, personally came and APP
peared the persons whose names are here
unto subscribed, all of the full age OF
majority. and residents of this parish and
State, who seyerally declared that, avail
ing themselves of the provisions of the
Act of the Legislature of this State, known
as Act No. 267 Of the acts of the Session
of 1914, as subsequently amended, they
do by these presents, covenant, agree
and bind themselves as well as all such
other persons as may become hereafter
associated with them. in order to form
and constitute corporation or body
polite in law, for the objects and pur-
poses, and under the stipulations follow
ing ,tO-wit:
ARTICLE 1.-The name of this cor
pOratiOn shall be Il. \. Frey & Sons,
Inc" and it shall have and enjoy sue
CeSSiOn and existence for period OF
ninety nine years from date hereof. 1t
sue and be sued in its corporate name,
in any court of competent jurisdiction; to
contract; to make and use a common seal
and alter the same at pleasure; TO ac-
Iuire property by grant gift, and purchase
and by devise or bequest; to lease, hold,
and dispose OF. and to pledge and to
mortgage the same. all subject TO the
limitations as may be provided by law;
to issue bonds and notes; to borrow
money; to appoint such officers and
agents as the business OF the corporation
may require and to fix their cOmpensa-
ton; to name directors and managers,
and to make and establish bylaws. rules
and regulations for the management OF
the business affairs of said corporation
as may be requisite or necessary.
ARTICLE 1.-THE dOmicile of this cor
poration shall be in the City of New Or
leans State of Louisiana, where all cita-
tions and other legal process shall be
served upon the proper officers thereof.
ARTICLE III.-The objects and pur
poses for which this corporation is es-
tablished and the nature of the business
to be carried on by it are declared and
specified to be: To buy and sell at
wholesale and retail all sorts and de-
scriptions of meats, whether cured or I'M
cured. fresh sailed, picked or otherwise ;
eggs, fruits, vegetables, spices and other
foods and food products Of any and all
sorts and varities; to own and operate
refrigeratilg plant and cold storage
warehouse in connection with their bust
as they may see fit; to own and operate
slaughter house in connection with the
business OF meat PACKERS and establish
mentS for the curing. packing, smoking,
sailing and picking of meats and other
curing processes; to own and operate
factories. for the preserving and canning
Of fruits and vegetables and food products
Of all sorts and descriptions; to buy and
sell at wholesale and retail and to raise,
cattle, sheep, goats, hogs and poultry
of all sorts in connection with the bust
ness of meat packers and to engage gen.
orally in the meat packing business, and,
generally, to do any and all things nee
eSsary and incidental to the carrying on
OF such pursuits and businesses.
ARTICLE IN.-The capital stock OF this
corporation is hereby declared to be the
sum OF Fifty Thousand (s5o,000OO) dol
lars. divided into Five Hundred (5O0)
shares Of One Hundred (slOO.0O) dollars
each. and the amount Of each share shall
he paid for in accordance with law. The
capital stock Of this corporation may be
subsequently, increased to One Hundred
! Thousand Dollars. (Sl00000.O0).
Full paid capital stock Of this corpora
| ton may be issued in settlement OF
( services and things OF value actually ac-
quired by the corporation when same
! shall first have been appraised by the
/ Board Of Directors OF the corporation, as
provided by law.
] As the capital stock OF this corporation
/ subscribed for, is to be paid for by the
conveyance to the corporation OF merch
| andise and other articles OF value, there
/ is annexed to these articles of incorpora-
| tion to be read in connection Herewith
an. accurate, detailed and itemized de
scriptiOn of such property, as to amount
! location, extent. character, and state i'm
provement, together with a statement Of
! its value as appraised by the Board Of
Directors OF this corporation.
! ARTICLE V.-The corporate powers o.
this corporation shall be vested in thu
ard nf Rnmnn0Qh
not more than seven directors and no
less than five directors, and in the even
| of there being five directors three shall
constitute a quorum otherwise, four, to b'
elected by the stockholders at a genera
meeting to be held on the third Monda!
in January of each year: provided tina
there shall be no such election in the yea
1922.
this corporation, each stakeholder shall
be entitled to one vote for each shar
OF stock standing in his name on tn
BOOKS of the company, which vote shall
be cast in person or by proxy:
The Board of Directors shall have tn
power to make all bylaws, rules AM
regulations necessary for the conduct o
the business affairs Of said corporation
and they shall elect from their number
President. Vice-President, and Secretary
Treasurer.
Until the election to be held as herein
above provided, the following shall con
stitute the first Board OF Directors: Lou1
A. Frey, Andrew Frey, SEVERN L. Frey
Louis NJ. Frey, Charles Frey, with
Louis A. Frey as President Andrew Ere
as Vice President, and SEVERN l.. Ere
as Secretary Treasurer.
ARTICLE VI.-The capital stock Of thi
corporation may be increased or dc
creased at any time in accordance wit
the laws of this State. This charter ma
be amended, altered or modified, or thi
corporation dissolved by a vote of two
thirds OF the stockholders, voting b
shares at a meeting convened for tina
purpose, after fifteen days previous pei
sonal notice, or such notice that may b
required by law, Of such meeting sha
have been given.
ARTICLE VINO stakeholder Of thi
corporation shall ever be held liable 70
, any of the Indebtedness, contracts o
. faults thereof, in any further sum tina
: the unpaid balance due the corporatio
on the shares owned by him, nor sha
. any informality in the organization hay
/: the effect Of rendering this charter null
! or Of exposing a shareholder to any III
bility whatever.
ARTICLE villa failure at any tim
to hold n meeting or elect directors Z
officers as herein provided, shall not wor
: forfeiture Of this charter. or dissol'
' the corporation, but the existing Boar
Of Directors and officers shall continue
. office until their successors in office hay
K been elected.
. ARTICLE KAT the expiration of tn
' charter, unless sooner dissolved, its a
}, fairs shall be liquidated by one or mo-
: commissioners to be appointed by u
stockholders in meeting. assembled 4