The herald. [volume] (New Orleans, La.) 1905-1953, 1922-08-24
CHARTER OF w. J. RICHARDS, JR.
CO., INC.

United States or America. State OF
Louisiana, Parish of Orleans. City OF
New Orleans. BE IL known, that on this
twenty-fourth day of the month OF
thousand. nine hundred and twenty
two. and the independence of the United
States of America, the one hundred ana
forty-sixth. before me. William +. Con-
kerton. a 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
have covenanted and agreed, and do.
by these presents, covenant and agree
and bind themselves, as well as all
other persons who may hereafter be-
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 1.-The name OF this cor
poration shall be Wv j. Richards Jr.
Co. Inc. and under it's said corporate
name, it shall have power and authority
to enjoy corporate existence and sue
ceSSion for the full term of ninety-nine
years. from and after the date hereof.
and use a corporate seal, and to alter
and break the same al 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 it's 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: SAID corporation shall have further
power to acquire. sell and dispose OF
capital stock in other corporations; and
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
we'll 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.OOO.OO) dol
| lars to be represented by fifty (50)
! shares of the par value of one hundred
(S100.00) 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 it's authorized
capital shall he subscribed for, and at
| least fifty (50%) per cent. of all stock
| 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 his
| 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 stock
| to the other stockholders, through the
board of directors, for purchase for z
/ period of thirty days, in writing, at the
| price of said stock on the books of the
| corporation; and during such period oi
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 SAID
stockholders, through said board shall
| fail to make said purchase within th'
| said period at the price offered, under
the conditions aforesaid. then and IN
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.