The herald. [volume] (New Orleans, La.) 1905-1953, 1922-09-21
CHARTER OF w. J. RICHARDS, JR.,
CO., INC.

CO., INC.
United States or America. State OF
Louisiana, Parish of Orleans, City Of
New Orleans. Be IL known, that on this
June. in the year of our Lord one
thousand nine hundred and twenty
two. and the independence of the United
States of America, the one hundred and
fOrty-siXth, before me, William F. Con-
kertOn, notary public, in and for the
Parish of Orleans. State of Louisiana,
duly commissioned. sworn and qualifi-
fled. and in the presence of the wit
nesseS hereinafter named and under
signed: personally came and appeared:
The several parties whose names are
hereunto subscribed. who severally de-
clared: That availing themselves of
the laws of the State of Louisiana, in
such cases made and provided. they
nave covenanted and agreed. and do.
by these presents, covenant and agree
and bind themselves, as well as all
come associated with them. to form a
corporation. and body polite in law.
for the objects and purposes and under
the articles and stipulations. following,
to-wit:
ARTICLE THE name Of this cor
poration shall be "W. ]. Richards Jr..
Co, Inc. and under its said corporate
name. il shall have power and authority
to enjoy corporate existence and sue
ceSsion for the full term of ninety-nine
to contract, sue and be sued. to make
and use a corporate seal. and to alter
and break the same at pleasure; to aC-
quire by grant, gift or otherwise hold.
receive, hypothecate. convey. sell. lease.
pledge. mortgage and dispose of pro
perty, real. personal and mixed: to is
sue negotiable bonds and notes or other
evidences of debt to name and appoint
such managers, agents, directors and
officers as its business interest and
convenience may require: to make and
establish. as well as to alter and amend.
from time to time. such bylaws. rules
and regulations for the proper manage
ment of the affairs of this corporation,
as the same may be necessary and pro-
per: sai' corporation shall have further
power to acquire. sell and dispose OF
capital stock in other corporations: and
further enjoy and exercise all the
rights and privileges and grants under
the laws OF this state and more par
t!cularly under Act 267 of the Louis
lana Legislature of 1914.
ARTICLE 1.-THE objects and pur-
poses for which this corporation is or
ganized and the nature of the business
to be carried on by IT, are hereby de-
clared to be:
To conduct and carry on the business
Of wholesale fruit. and produce mer-
chants and commission merchants. as
well as any other business incidental
thereto or connected Herewith.
ARTICLE III-The capital stock of
this corporation is hereby fixed at the
sum of five thousand S5,000.0O dol
lars, to be represented by fifty (5O)
shares of the par value of one hundred
(S1O0. 00) dollars per share. payable at
such time and in such installments, and
under such conditions as the board of
directors may determine. This corpo-
ration shall be a going concern and
authorized to do business. as soon as
fifty 5000 per cent. of its authorized
capital shall he subscribed for. and at
anf n
so subscribed for, shall be paid for.
Stock of this corporation shall only be
! issued for cash, or for services rem
dered, property or other valuable con-
siderations, enuring to this corporation,
according to the exclusive judgment and
findings of the board of directors there
of.
ARTICLE IV-In the event any
holder or owner of stock, as well as ms
| widow, estate or heirs, desires to sell
or dispose of the same, such holder
| or owner, as well as his widow, estate
| or heirs, must first tender such stocR
| to the other stockholders, through the
| board of directors, for purchase for
period of thirty days in writing. at the
price of said stock on the books or the
| corporation; and during such period OF
| thirty days the said stockholders shall
| have the exclusive right to accept OF
reject the purchase of said stock, a:
they may elect: and in the event sail
| stockholders, through said board sinai
| fail to make said purchase within tht
| said period at the price offered, under
the Conditions aforesaid. then and il
| that event. the stakeholder or stock
holders. his widow, estate or heirs, De
| string to dispose of his stock may sci
the same to such other person or per
| sons as he may see fit.
ARTICLE V-The domicile of thi
| corporation shall be in the City OF New
Orleans. La, where all meetings of tn.
stockholders or directors must be held
provided. that with the written consen
of all the directors, valid meetings o
the directors may be held outside OF tn
state or within the state, elsewher
than at its domicil. Citation shall o.
served upon the president or in his aD
sence or disability upon the vlce-presl
dent; and in the absence or disabilit,
of the latter, upon the secretary-treas
urer.
| ARTICLE vI-All the corporal
powers of this corporation shall
vested in and exercised by a board o
directors. composed of three stock
holders. a majority of whom shall con
stitute a quorum for the transaction o
all business. Said directors shall
elected on the fourth Monday OF Jun
of each year. commencing with III
fourth Monday of June, 1928, with Tn
understanding that the first board o
directors selected by the stockholder'
and named in this charter, as well a
the first set of officers, as hereinafte
named shall hold office until the fourt
Monday of June, 1928. or until their sue
cecessors have been elected and nav
qualified.
After the election OF said board G
directors, by the holders of stock, a
herein provided. there shall be electe
nv said directors from their own nun
her. the officers of the corporation
which are as follows: 1st: A president
End: A vice-president; 3rd: A secretar
and 4th: MISREPRESENTATION last Nv
offices shall be combined In one persol
The first board OF directors. and I'll
officers of this corporation as selecte
by the stockholders. together with tnel
post office addresses are as follows: "
] Richards. Jr.. president. care Frenc
. Market. New Orleans, La: A. Gleries
, vice-president, 53l ST Ann street. Ne
Orleans La: A. St. Raymond. secretary
! treasurer. 926 North Broad Street, Ne
Orleans. La.
> ARTICLE VII-The annual meetin
of the stockholders of this corporatio
J for the election of directors shall |
: held on the fourth Monday of June
? each year. commencing with the fourt
= Monday of June. 1928. The election 11
; said directors shall be by ballot and II
r majority in amount of stock. votin
whether in person or by proxy, sha
$ elect the person for whom they a.
: cast: each share of stock voted upon.
|, be counted but for one vote. ga
| stock shall not be entitled TO cumul'
/ tive voting.
The board of directors shall give
Z least fifteen days notice by mail or u
s election of said directors. and snail a.
!. point one or more stockholders TO pr
o side at such elections. Any faiiu
L. ~ n