The herald. [volume] (New Orleans, La.) 1905-1953, 1922-05-11
CHARTER.
ChanrRy COMPANY, INC,

lifted parish Of orIeans, ,b;s
touisians, BE il known thaI On liz ,hs
ysN 0reA ~ the month OF ApIn, d ~ nin ne
isb dsy our Lord one tn S 20 Tho In
yssr o. and twenty-five. anu Stotes of
ssonsndence VI ore hundred and forty
e,nsriea, the me WILLIAM j. Fok-
9Th, beiorSs otary Public, duly commls-
,TyT0. N'ijfed in and for the UT!
ss.ned and qua parish Of Orleans, there
= New ennd in the presence OF Tue
!. residing .njnafter named and uhder,
stpesses ndnaIIy came ana appeared
seued, per narties whose names are
ne se'einhscribed. all of the tuil ase
bersunio and residents OF '"ls NJ ,S =.
q na)onrsuy declared that, s aral'in -,
Sbo 80 Of the laws OF u, SeZ 81
bsnsano and especlaliS % nd nrovided
ia in sun ss.r,ed and organized and oy
they have ~ 40 form and organize mem :
,be.e presen corporatiOn for the oOJects
s,lres INTO ard under the stlpulatl"hs
md purpo+S hereinafter set forth ana
md sgreenhicb they hereby accept ana
expressed ,Seir charter. to-wit:
,depl The name and title OF
ARTICLE 40, hereby formed Is DE.
ne eorporJ r. FREY GRoCEKl
uared 70 10 INC. which shall have ls
c0NPANI ,be CITY Of New Orleans. ana
dOnieie ~ IS succession for period OF
shsl en- In (g9) years from date hereoi
pinety or other legal process sha.
Al clad .od upon the President anu ~
be his absence or lhapIhtS W
as the Vice-Preslueht VI
treasurer =, Tho objects and pur-
~ for which thls 80 10 bus;nass
rosss,,ed and the nature OF inc ohr'" 40,
10 be ea' 80. To buy and sell groceries
dared 70 Suore, fruits and merchandise
neats. hougbt and sold by grocery
Establishments. r,o oon,taI stock OF
ARIlCa,i Is hereby fixed ut the
ibis corr S,~ Tbousand Five Hundred Dol
sun 81 ,s zoo mn divided into one nun
hfs "a thirty shares of Fifty Dollars
drrd anu which stock may be ISSUED
eSoWD md worcestershire for cash OF
fun palu ,e,tv actually transferred FOL
for pUpa nv it's Board of Directors. OF
vaue .rtces rendered to said corporation
id Initial stock NAV he inceased 70
Nu,,r'sye Thousand Dollars tS-9'ooo.oo,
INs yote Of two-thirds or all the ISSUED
- nroyided for In Artlcie OF I'M
a@l This company shall ne Eolhs
CARER &C. soon as Twenty-Five Hundred
eoDetIa iso,O0O O) of its capital stock has
pon subscribed and paid for
nr,crr " All the corporate pow.
=, The corporation shall be vested
en- "o,cised by a Board of Directors
anu ,s.tn,, ~ three stockholders, ma
eOI n.n =, whom shall constitute quorum
pn' As, BOARD of Directors shall bt
I s. Of the following stockholders
eong ;,. Mrs, Ida r. Frey. whose post
m.Nn .ddress Is 513s Burgundy street
Slnr ORLEANS, La: Henry J. Schmidt
ssose postoffce address is sl2 LlZara'
s.,sst New Orleans, La; Arthur r
p.ymond. whose postoffce address Is
Sio Dumaine Street, New orleans La.
9TH Mrs. Ida r. Frey as Presldent
u",,x j Schmidt as Vice-President. and
a.,hy, p. RAYMOND as Secretary-Treas,
whn shall bold their offices until
". ,h,rd Tuesday in April, 1923, or until
AZ, successors have been duly appoint
I s,d qualified. On the third Tuesday
- AMI, 1929. and annually thereafter
.a sIectIon for directors shall be held
:. me office Of the corporation. as pro-
,,ssd for in the Bylaws. Failure a,
,ry time TO hold a meeting or elecl
Srertors or officers as herein PROVIDED
shsIl not work forfeiture or TINS
Sa,,sr ar dissolve the corporation, but
acting bOdTu VI blItNtoiS ~
,,,ua IN office until their successors have
sssu properly elected. and in the event
,hst the third Tuesday in April shall
an an a dies non, the said election shall
~ hold on the first legal day thereafter
ARTICLE V. The act Of incorporation
NAV be changed or amended and TINS
eo,noration NAV be dissolved or liqui'
dated. and the caDital stock of this cor
marathon increased up to the limit. as
provided In Article III Of this Charter
with the assent of two-thirds OF the
whole issued capital stock convened fol
that purpose, after fifteen 1o) days
prior written notice of such meeting
shsn be given to each stakeholder, mailed
10 his last known address.
ARTICLE VI. No stakeholder of this
corporation shall ever be held liable FOL
the contracts or faults thereof. in any
further sum than the unpaid balance
due to the corporation on the shares OF
stock owned by him, nor shall any mere
informality in organization have the
eject Of rendering this charter null oil
exposing a stakeholder to any liability
beyond the unpaid amount of his stock
ARTICLE VII Appearer, Mrs. Ida X
Frey, offers the following described prop
erty In payment Of her subscription tt
the stock hereinafter referred to: Mer'
chandise at premises No. 513S Burgundy
Street, New Orleans. La, as per inven'
tory submitted to the directors, S3946.S4
furniture, scales cash register, one auto
truck lmodel 1920. engine No. make
Ford, one automobile touring car (mode
1871, engine No. make Studebaker)
and Ice box and coffee mill. all in said
premises. s1S53.16; good will Of the bust
ness now conducted by Mrs. Ida r. Frey
No. 5l3s Burgundy Street, 100000
Total 100000
The directors having taken into con
hderstion the character, location and
worth Of the merchandise, fixtures. auto
mobiles and good will offered by ap'
pearer, Mrs. Ida r. Frey, in payment OF
The stock hereinafter referred to, were
unanimously Of the opinion and did agree
nat this corporation should accept said
property In payment of the stock here
natter subscribed for by her.
ARTICLE VIII. The whole six Thou.
sand Five Hundred Dollars (S6.500OOf OF
me eompanys capital stock having beer
subscribed and paid for, this corporation
may begin business at once.
Thus done and passed in my notaria
once at the City Of New Orleans, La.
y the presence of Messrs. Fernand f
ieissier and A. B. Granzin, Jr., com
pstent witnesses and residents Of this
eny OF New Orleans, La, who hereuntt
subscribe their names, together with the
na appearers and me, Notary, after
reading Of the whole.
original signed: 1. r. Frey. 513S Bur
suhdy street. 12S shares: II. J. Schmidt
y. Lisardi Street. l share; A. p. Ray
hona, 2olo Dumaine Street, / share.
Witnesses:
y. +. TEISSIER,
A. B. GRANZIN, JR.
wM. J. FORMENTO.
Notary Public.
Il the undersigned Recorder of Mort
s. ses In and for the Parish Of Orleans
sae OF Louisiana, do hereby certify
nat the above and foregoing act of in
cmr,pporatlon Of the !. r. FREY GRO
AN. AM COMPANY. INC. was this day
guy ssg recorded In my office in book 1908