The herald. [volume] (New Orleans, La.) 1905-1953, 1922-02-23
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 ii. 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
or, in case of his absence,
upon one of the Vice-Presidents; or, in
the absence of all of these officers, upon
the Secretary of the corporation.
ARTICLE Ill. The objects and pur-
poses Tor which this corporation is organ
lied, and the nature of the business to
be carried on by il, are hereby declared
to be: To carry on and 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 a gen
eral Wholesale and jobbing mercantile
business.
ARTICLE ". The capital stock Is
hereby fixed at Fifty Thousand Dollars
jOOOOO0). divided into five hundred
shares of the par value of One Hundred
Dollars (SlOOOO) each. whereof fifty per
cent shall be subscribed and paid for
befOre the filing of these articles of in
corporation. All stock subscribed for
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 such 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 1t be out of the balance of the
capital stock herein provided for, or out
of any increase of the capital stock. with
out first Offering it to the stockholders
of record In the proportion of their hold
ings as shown by this act of incorpor-
alton. The amount of the capital stock
One Hundred Thousand Dollars $780,
0eO.0O) 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
(lO) days within which to accept or re-
ject the said offer.
No stakeholder shall ever be held liable
or responsible for the contracts or faults
of said corporation in any further sum
shares of stock owned by him, nor shall
any mere infOrmality in organization
have the effect of rendering this charter
null, or of exposing any stakeholder to
any liability beyond the amount due on
his stock.
ARTICLE V. All the corporate powers
of this corporation shall be vested in
and its business and affairs managed by
(D members, three (3) of whom shall
constitute a quorum for the transaction
of business. Any vacancy or VACANCIES
In the Board of Directors shall be flied
by the remaining directors.
The stockholders of this corporation
shall. within ten days from the signing
hereof, proceed to the election of a Board
or Directors to consist Of four men,
hers, as well as the election of a
President. yice-President, Secretary, and
Treasurer. which last two offices may
be held by one person. Annually there
after the said corporation shall elect
from among its stockholders, on the sec
Ond Monday of January of each year a
Board of Directors consisting Of four
members. as well as a President, a Vice
President and Secretary Treasurer which
last two offices may be held by one per-
son.
The first Board of Directors and Off
GERS to be elected under this charter shall
hold office until the second Monday in
January, 1923. or until their successors
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.
ARTICLE vi. All notices Of stockhold-
ers or Board of Directors meetings.
including the annual meeting herein pro.
vided for, shall be held after twenty -four
k-fD HOuTS Written notice snail nave been
mailed by the Secretary to each stock
holder at his last known place of resi-.
dence, and at all stockholders meetings
a majority Of the stock represented by
proxy or otherwise shall control.
ARTICLE VII. This charter may be
amended, or the corporation may be dis.
| solved and liquidated, by a ffty-one (5l)
per cent vote of the capital stock an
pearing on the books of the company
and In the case of liquidation, the Board
OF Directors then in office shall liquidatt
the corporation.
Thus doae and passed at my office IL
the city Of New Orleans, on the day
month and year herein first above writ
ten, in the presence Of August H. Ritter
| and Miss Amelia Babin, competent wit
| nesses, who hereunto sign their names
with the said appearers and me, Notary
| after reading Of the whole, the said ap-
bearers likewise subscribing for the mum.
| names.
| Names, addresses and number of shares
of the subscribers.)
| Witnesses:
A. H. RITTER.
A. BABIN
J. M. oUINTERO.
Notary Public.
I, the undersigned Recorder of Mort
cages in and for the Parish Of Orleans
State of Louisiana. do hereby certify that
the above and foregoing act Of incorpor-
alton Of JOS. SAMUEL CO., INC, was
book 1888. folio
New Orleans. La. Jan. "a, 1922.
(Signed) ROBT. SCOTT,
| Deputy Recorder.
JIM. oUINTERo.
| Notary Public.