The herald. [volume] (New Orleans, La.) 1905-1953, 1922-08-03
CHARTER OF
PENICK q FORD SALES CO., INC,

United States of America, State OF
louisiana. Parish of Orleans. Be it
1922. before me. Pierre d. olivier, a
Notary Public in and for the parish
of Orleans, state OF Louisiana, duly
commissioned aud qualified. and in the
named and undersigned. personally
came and appeared the several per-
sons whose names are hereunto sub
scribed. who severally declared that
the state of Louisiana relative to the
FORMATION OF corporations, and partic-
ularly of Act 267 of 1914 of the Cen
eraI assembly of Louisiana and laws
thereto. they have covenanted and
agreed. and by these presents agree
and bind themselves, as we'll as all
other persons that may hereafter be-
and constitute corporation and body
poitic In law under the following
articles, which they hereby adopt as
the Charter OF said corporation:
ARTICLE l; The name of this cor
poration is declared to be Penick &
Ford Sales Company. Inc.
ARTICLE ii. The objects and pur-
poses OF this corporation are to engage
both as principal and Lor as agent,
broker, factor, commission merchant
consignee and representative of others
IN the buying, selling, handling, ship
ment, consignment and dealing in mer-
chadlse; goods; wares and products Of
every description, at wholesale and rs-
tail, anywhere in the United States.
and in the Dominion of Canada and
Republic of Mexico; to act as sales
agent broker, commission merchant,
factor, consignee and agent of manu-
features and dealers in merchandise
goods, wares and products of every
description, and generally to do all
sass faT INCIDENT TO-
transaction of such business.
ARTICLE III. The capital stock of
thls corporation is hereby fixed at the
sum of $5,O00.00, divided into 5000
to be paid in cash at the it time eac Of
the creation of this corporation: the
capital stock of this corporation NAV
be increased in the manner provided
by law to the sum of 100000
ARTICLE Nv. The domiciIe of this
corporation is hereby fixed in the city
OF New Orleans, state of Louisiana.
ana II shall enjoy succession for a
period OF ninety-nine years from the
date or the charter, unless sooner dis
solved in accordance with law. Ser
vice of process may be made upon any
OFFICER of the corporation.
ARTICLE V. All corporate powers
OF TINS corporation are hereby vested
In Board of Directors, to be COM
posed of three ca stockholders of the
tors shall consist of the following
persons, to-wit: William s. Penick
New Orleans. La; James p. Ford. New
orleans. La; G. A Keeper, New Or
leans. La. which said board shall
serve until the first annual meeting
OF the stockholders hereinafter pro,
vided for, or until their successors are
elected and qualified.
ARTICLE vi. The annual meeting
or stockholders of this corporation for
the election of directors shall be held
on the first Tuesday in July of each
year during the existence of this cor
poration, beginning with the first Tues
day in July, 1928.
ARTICLE VII. This corporation shall
ENJOY all OF the rights, powers and
lmmunities granted to similar corpor-
atlons by the laws of Louisiana, now
or hereafter in force, relating to the
SUBJECT, and, except as herein other
wise, provided shall in all respects.
IN us corporate actions. he subject to
of this corporation are: WiIIiam s
Penick, New Orleans. La, James p
Ford, New Orleans, La, c. A. Kepper
New orleans, La, who, with the other
subscribers hereto, have subscribed 10.
ano at the signing hereof paid for in
cash the number of shares set oppo-
subscribed.
Thus done. read and signed ar INV
office In the city Of New Orieans
state or Louisiana, on the day and date
Iirst nereinabove written. in the pres.
ence OF me, Notary, and Of Walker d.
spencer and Sumter d. Marks, IT..
unaersigned competent witnesses, re.
siding In the city and state Aforesaid.
original subscribers: Penick & Ford,