The herald. [volume] (New Orleans, La.) 1905-1953, 1922-01-26
CHARTER.
STAMPS FARRAR,
Notary Public.
CHARTER OF L. A. FREY SONS. INC.


City of New Orleans. BE II known, that
on this the second day of the month Of
January, in the year of our Lord, One
Thousand Nine Hundred and Twenty
Two. before me, Edward Haspel, a Notary
Public, duly commissioned and qualified
in and for the Parish and State afore
said, therein residing, and in the presence
Of the witnesses, hereinafter named and
undersigned, personally came and APP
pcared the persons whose names are here
unto subscribed, all of the full age of
ma jOrity, and residents of this parish and
State. who severally declared that, avail
ing themselves of the provisions of the
Act of the Legislature of this State, known
as Act No. Pa of the acts of the Session
Of 1914, as subsequently amended, they
do by these presents, covenant. agree,
and bind themselves as well as all such
other persons as may become hereafter
associated with them. in order to form
and constitute corporation or body
polite in law, for the objects and pur-
poses, and under the StipulatiOns follow
ing .t0-wit:
ARTICLE 1.-The name of this cor
poratiun shall b. L. y Frey Il Sons
Inc" and il shall have and enjoy sue
ceSsiOn and existence for a period OF
ninety nine years from date hereof. IL
shall have the power and authority tu
sue and he sued in its corporate name
in any court of competent jurisdiction; to
contract; to make and use a common seal
and alter the same at pleasure; to ac-
luire property by grant gift, and purchase
and by devise or hequest; to lease. hold
and dispose OF and to pledge and to
mortgage the same. all subject to the
limitations as may be provided by law:
To issue bonds and notes; to borrow
money; to appoint such officers and
agents as the business of the corporation
may require and to fix their cOmpenSa-
tion: to name directors and managers
and to make and establish bylaws rules
and regulations for the management of
the business affairs of said corporation
as may be requisite or necessary.
ARTICLE 1.-THE dOmicile of this cor.
poratiOn shall be in the City of New Or
leans. State of Louisiana. where all cita
tionS and other legal process shall be
served upon the proper officers thereof.
ARTICLE III.-The objects and pur-
poses for which this corporation is es
tabliShed and the nature of the business
to be carried on by ii are declared and
specified to be: To buy and sell at
wholesale and retail all sorts and de-
scriptiOnS of meats. whether cured or I'M
cured, fresh. sailed, picked or otherwise /:
eggs, fruits. vegetables. spices and other
foods and food products Of any and all
sorts and varities: to own and operate
refrigeratng plant and cold storage
warehouse in connection with their bust
ness as packers of meats or otherwise,
as they may see fit; To own and operate
a slaughter house in connection with the
business Of meat PACKERS and establish
sailing and picking of meats and other
curing processes; to own and operate
factories. for the preserving and canning
of fruits and vegetables and food products
OF all sorts and descriptions: to buy and
sell at wholesale and retail and to raise.
cattle. sheep, goats. hogs and poultry
of all sorts in connection with the bust
ness Of meat packers and to engage gen
orally in the meat packing business. and,
generally, to do any and all things nee
essary and incidental to the carrying on
OF such pursuits and businesses.
ARTICLE IV.-The capital stock of this
corporation is hereby declared to be the
sum OF Fifty Thousand $50. 000O) dol
lars. divided into Five Hundred (5OO)
shares of One Hundred (S100.O0) dollars
each. and the amount of each share shall
be paid for in accordance with law. The
capital stock of this corporation may be
subsequently increased to One Hundred
Thousand Dollars. (S1OOO000O).
Full paid capital stock of this corpora
tion may be issued in settlement of
services and things of value actually ac-
CURED by the corporation when same
shall first have been appraised by the
Board OF Directors of the corporation, as
provided by law.
As the capital stock of this corporation
subscribed for, is to be paid for by the
CONVEYANCE to the corporation of merch-
is annexed to these articles of incOrpora-
ton to be read in connection Herewith,
an accurate, detailed and itemized de-
scriptiOn of such property, as TO amount,
location, extent, character, and state i'm
prOvement, together with statement Of
its value as appraised by the Board Of
Directors Of this corporation.
ARTICLE V.-The corporate powers of
this corporation shall be vested in the
Board of Directors to be composed Of
not more than seven directors and not
less than five directors, and in the event
of there being five directors three shall
constitute quorum otherwise, four, to be
elected by the stockholders at a general
meeting to be held on the third Monday
in January of each year: provided that
there shall be no such election in the year
1922.
At all meetings for the elections of
be entitled to one vote for each share
OF stock standing in his name on the
books of the company, which vote shall
be east in person or by proxy.
The Board of Directors shall have the
power to make all bylaws, rules and
regulations necessary for the conduct OF
the business affairs of said corporation /:
and they shall elect from their number a
President, Vice-President, and Secretary
Treasurer.
Until the election to be held as herein
above provided. the following shall con-
stitute the first Board of Directors: Louis
4. Frey. Andrew Frey, SEVERN L. Frey,
Louis NJ. Frey, Charles Frey, with {:
Louis A. Frey as President, Andrew Frey
as Vice-President, and SEVERN l.. Frey
as Secretary Treasurer.
ARTICLE NI-The capital stock of this
corporation may be increased or de-
creased at any time in accordance with
the laws OF this State. This charter may
be amended, altered or modified, or this
corporation dissolved by vote of two
thirds Of the stockholders, voting by
shares at meeting convened for that
purpose, after fifteen days previous per-
sOnal notice, or such notice that may be
required by law, OF such meeting shall
have been given.
ARTICLE Vino stakeholder of this
corporation shall ever be held liable for
any of the indebtedness, contracts or
faults thereof, in any further sum than
the unpaid balance due the corporation
on the shares owned by him, nor shall
any informality in the organization have
or of exposing a shareholder to any liza
bility whatever.
ARTICLE VILLA failure at any time
to hold a meeting or elect directors or
officers as herein provided, shall not work
a forfeiture OF this charter. or dissolve
the corporation. but the existing Board
OF Directors and officers shall continue in
office until their successors in office have
been elected.
ARTICLE IX.-At the expiration of this
charter unless sooner dissolved, its af-
commissioners to be appointed by the
stockholders in meeting, assembled for
that purpose, and who are invested with
full power to sell all the assets and prop
erty, real and personal, of this corpora
ton and to convey a full and complete
title thereto. and to do and perform all
acts essential to a full and complete