The herald., 1922-07-20

| June ~ aug. s.
CHARTER OF
T. j. KELLY. INC.
United States of America. State of
Louisiana, Parish of Orleans, City Of
New Orleans. BE il known that on this
2Sth day of the month of June, in the
year of our Lord. one thousand. nine
hundred and twenty-five. before me
Robert X. Ramos. Notary Public. duly
commissioned and qualified in and for
therein residing, and in the presence Of
the witnesses hereinafter named and
undersigned. personally came and ap-
peared the persons whose names are
h"reuntO subscribed. who declared that.
| awaiting themselves of the provisions of
! the Constitution and laws of the state
of Louisiana. am particularly Df the
Of the General Assembly of the state
| Of Louisiana for the year 1914 and the
| amendments thereto they have cove
nanted and agreed and do by these
! presents covenant. agree. bind and form
| themselves, well such other per-
sons may hereafter join or become
associated with them, into corporation
| and body polite in law. for the objects
and purposes and under the agreements
and stipulations following, to-wit:
! ARTICLE I. The name and style Of
| this corporation shall he II. J. Kelly,
and enjoy corporate existence for
period of ninety nine years from the
| date hereof 1t shall have power to
hold. receive, purchase. convey. transfer,
mortgage and hypOthecate property. real
personal and mixed; and to issue bonds
notes and other obligations. 1t may con-
tract. sue and be sued. plead or he i'm
pleaded by its corporate name in any
court Of competent jurisdiction. 1t msy
make, adopt and use a corporate seal
and alter or break the same at pleasure
and its capital stock may be issued for
capital stock of other corporations 1t
may name. appoint and employ such
managers. directors. officers, agents and
| other employees as it's interests. bust
ness and convenience may require, and
may fix their compensation. having due
| regard to the nature. character and value
of their services. II may make and estab-
fish bylaws. rules and regulations not
inconsistent with this charter or any
existing law, fixing or altering the man
agement of its property, the regulation
and government OF its affairs. and the
manner of the certifcation and registra-
ton of its stock. II may wind ur and
dissolve itself or be wound up and dis
II may conduct business in this state.
the federal districts. the territories and
possessions of the United States. and any
foreign country; 1t shall have power
all Of its corporate powers. subject TO
such restrictions as may he named in
this charter. And 1t generally shall have
and possess all the powers. rights. priv
ileges and immunities which corpora
tions are and may hereafter he author
lied TO have and possess under the Con
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 II. The domicile of the
said corporation shall be in the city Of
New Orleans. parish Of Orleans. state
Of Louisiana. but IL may establish and
maintain offices and agencies throughout
a. ~ nd fOr Ion
countries.
All citations and other legal process
shall be served on the President. and.
in his absence. on the ice-Prcsident Of
the absence of the President and Vice
President of the said corporation. then
said process shall be served on the Sec
rotary.
poses for which this corporation is or
ganized and the nature Of the business
to be carried On by it are hereby de-
To buy. sell, ,mpo, export, prepare.
foreign and domestic cheese. butter,
western dairy products. eggs. sausage.
bacon. cured and uncured meats, table
dHIGaGies and any and all othsT
produce. goods things. and to gener-
ally conduct and operate wholesale
grocery and provision business.
And generally 20 mold and exercise all
such incidental powers and privileges as
relate to the objects and purposes here
inabove set forth, or as may be neces-
sary. useful convenient for efecting
said objects and purposes, or any Of
; them.
: ARTICLE ". The authorized capital
stock Of this corporation is hereby fixed
at and declared to be the sum OF
$40 $4,000 which capital stock may he
! increased in the manner provided by
: law n the sum of 800 600 90
The presently authorized capital stock
Of this corporation shall consist of 300
: shares of the par value OF $4,000 each
, It shall be represented by certificates
when issued. shall be issued only for
labor done, or for property actually re-
: ceived or for bonuses to be paid its
; when and as said dividends shall have
become accrued. or for cash to be paid
at such times and in such amounts and
, by the Board Of Directors. and shall b,
personal property. No transfer OF said
capital stock shall be binding upon, this
corporation unless made in accordance
corded on the books thereof
, ARTICLE V. No stakeholder may
2 sell. assign or transfer his stock in this
: corporation without giving to the other
= Treasurer Of this corporation, notice In
writing OF such intention, and the other
= stockholders shall have the right Tor 2
period of 90 days from the delivery OF
such notice to the Secretary-Treasurer
, to purchase all or any part Of the stock
Of such stakeholder for cash at the book
value thereof after which 30 days the
said stock may be sold without restric
= ton.
Whenever the employment OF any
q stakeholder by this corporation Is termi'
mated by death. resignation. dismissal
Iapse Of time or otherwise. the otnel
Q stockholders shall have the right for "
4 DAYS from the date of such Termination
to purchase all or any part Of the stoct
r of such stakeholder for cash at the BOOB
value thereof. after which 90 days th'
e said stock may he sold without restric
: ton.
d Other stockholders desiring to pur
: chase stock under this article must II
due time give notice OF such notice e
i the Secretary-Treasurer Of this corpor
e alton In the event that the other stock
Y holders offer to buy more stock tnal
r is offered. stockholders offering to bu
n shall be entitled TO buy the offered stoc
: in the ratio Of their then stockholdlng
: in this corporation. For the purpose o
It this article the book value shall be de
e termined by the figures as shown on tn
IS last financial statement.