The herald., 1922-02-16
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
corporation; 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 III. The objects and pur
poses Tor which this corporation is organ
lied, and the nature of the business to
be carried on by ii, 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 as a gen
eral wholesale aud jobbing mercantile
business.
ARTICLE Nv. The capital stock is
hereby fixed at Fifty Thousand Dollars
$50. OO0.00), divided into five hundred
shares of the par value of One Hundred
Dollars (SlO000} each, whereof fifty per
cent shall be subscribed and paid for
before the filing of these articles of in.
corporation. All stock subscribed for
shall be paid for in cash or property
received. Each share of stock shall be
entitled to one vote mt all vlrctions and
meetings. AMI 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 il 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 an cunt Of the capital stock
may be increased up to the amount Of
One Hundred Thousand Dollars (SlOO.-
OOOOO) 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 sai1 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 Inability beyond the amount due on
ARTICLE V. All the corporate powers
of this corporation shall be vested in
and its business and affairs managed by
u bOdTu oI directors consisting OF -FOUR
"a members, three 81 of whom shall
constitute 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 n Board
of Directors to consist of four MEM
bers, as well the election of n
President, Sice-President. Secretary, and
rnn = nFAr NNh oh lac eNUsA
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 stockhoId-
ers' or Board of Directors meetings.
including the annual meeting herein pro.
vided for, shall be held after twenty four
t2i) hours written notice shall have been
mailed by the Secretary to each stock
holder at his last known place of resi-
dence, and at all stockholders meetings
majority Of the stock represented by
proxy or otherwise shall control.
ARTICLE VII. This charter mar be
amended, or the corporation may be dis
solved and liquidated. by a fifty-one (51)
per cent vote of the capital stock APP
tpearing on the books of the company
and in the case of liquidation. the Board
OF Directors then in office shall liquidatt
the corporation.
Thus do.e and passed at my office IN
the city of New Orleans on the day
month and year herein first above writ
ten, in the presence of August ii. 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 an.
| bearers likewise subscribing Cor the mum.
Der of shares set opposite their RESPECTIVE
names.
Names, addresses and number of shares
of the subscribers.)
| Witnesses:
A. H. RITTER.
A. BABIN.
J. NJ. QUINTERO.
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
! this day duly recorded in my office In
book 1868, folio
New Orleans, La. Jan. "a, 1922.
(Signed) ROBT. SCOTT,
Deputy Recorder.
j. NJ. QUINTERO.
| Notary Public.
Jan. 29-Mch. 2
CHARTER OF