The herald. [volume] (New Orleans, La.) 1905-1953, 1922-07-13

June -5-Ruk. q.
CHARTER OF
r. j. KELLY. INC.
United States Of America. State OF
Louisiana. Parish of Orleans, City OF
New Orleans. BE it known that on this
2Sth day of the month of June, in the
year of our Lord. one thousand, nine
hundred and twenty-five, before me.
Robert R. Ramos, a Notary Public, duly
commissioned and qualified In and for
this city and the parish OF Orleans.
therein residing, and in the presence Of
the witnesses hereinafter named and
undersigned. personally came and ap-
peared the persons whose names are
hereunto subscribed, who declared that.
availing themselves Of the provisions OF
of Louisiana, anti particularly pf the
provisions Of Act No. 267 of the Acts
of the General Assembly of the state
of Louisiana for Ssr the year 1914 and the
nanted and agreed and do by these
presents covenant, agree, bind and form
themselves as well as such other per-
sons as may hereafter join or become
and body polite in law, for the objects
and purposes and under the agreements
and stipulations following, to-wit:
ARTICLE I. The name and style of
Inc. and under that name it shall have
and enjoy corporate existence for a
period of ninety nine years from the
date hereof. 1t shall have power to
hold, receive. purchase, convey, transfer,
mortgage and hypothecate property. real,
personal and mixed: and to issue bonds,
notes and other obligations. 1t may con-
tract. sue and be sued. plead or be i'm
court Of competent jurisdiction. 1t may
make. adopt and use corporate seal
and alter or break the same at pleasure
1t may hold stock in other corporations
nd fto nnor ha 10
capital stock of other corporations. II
may name. appoint and employ such
managers. directors. officers. agents and
other employees as its interests. bust
ness and convenience may require. and
may fix their compensation. having due
regard to the nature. character and value
Of their services. It may make and estab-
fish bylaws. rules and regulations not
inconsistent with this charter or any
existing law, fixing or altering the man.
agement Of its property, the regulation
and government OF its affairs. and the
manner Of the certifcation and registra-
ton Of it's stock. 1t may wind UT and
dissolve itself or be wound up and dis
solved in the manner prescribed by law.
It may conduct business in this state
the federal districts, the territories and
possessions Of the United States. and any
foreign country. 1t shall have power
to invest its Board of Directors with
all Of its corporate powers, subject to
such restrictions as may be named in
this charter. And 1t generally shall have
and possess all the powers. rights. priv
ileges and immunities which corpora
lied to have and possess under the Con-
stitution and laws Of this state and
particularly under Act No. 267 Of the
Acts Of the General Assembly OF the
state OF Louisiana for the year 1914 and
the amendments thereto.
ARTICLE II. The domicile OF the
said corporation shall be in the city of
New Orleans. parish OF Orleans. state
Of Louisiana. but It may establish and
maintain offices and agencies throughout
countries.
All citations and other legal process
shall be served on the President, and.
In his absence. on the Vice-President Of
the absence Of the President and Vice
President Of the said corporation. then
said process shall be served on the Sec
rotary.
ARTICLE III The objects and pur.
poses for which this corporation is or
eanized and the nature OF the business
to be carried on by it are hereby de-
! clared to be:
To buy, sell, ,mpor, export. prepare
and generally deal in, AT wholesale
western dairy products. eggs, sausage
bacon. cured and uncured meats. table
delicacies. and any and all other com
modities, foods. vegetables. supplies
|
ally conduct and operate wholesale
| grocery and provision business.
And generally 70 mold and exercise all
such incidental powers and privileges al
relate to the objects and purposes here
! inabOve set forth, or as may be neces
said objects and purposes, or any oi
| them.
ARTICLE ". The authorized capita
stock Of this corporation is hereby fixed
1 Al
$50 10000 which capital stock may b
law to the sum of s1Oo.O00.OO.
| The presently authorized capital stock
Of this corporation shall consist of BOZ
shares Of ,t the y%Ss Of
when issued. shall be issued only fol
labor done, or for property actually re-
ceived. or for bonuses to be paid it'
when and as said dividends shall have
| become accrued. or for cash to be paid
at such times and in such amounts and
by the Board Of Directors. and shall b,
| personal property. No transfer Of said
capital stock shall he binding upon this
CORPORATION unless made in accordance
corded @lrd on the books thereof
| ARTICLE v. No stakeholder may
sell. assign or transfer his stock in this
| corporation without giving 10 the otnei
| stockholders. through the Secretary
Treasurer Of this corporation. notice IN
writing Of such intention. and the othe1
stockholders shall have the right for
period OF 90 days from the delivery Of
such notice 70 the Secretary-Treasurel
To purchase all or any part OF the stocl
Of such stakeholder for cash at the bool
value thereof after which 90 days tn
sold stock may be sold without restric
ton.
Whenever the employment. OF any
stakeholder nv this corporation Is termi
mated nv death. resignation. dismissal
lapse Of time or otherwise. the otne
| stockholders shall have the right for
DAYS from the date Of such Terminate,
to purchase all or any part Of the stool
of such stakeholder for cash at the boo'
value thereof. after which 20 days m
said stock may be sold without restric
tion.
Other stockholders desiring to pur
chase stock under this article must y
due time give notice Of such notice Z
tho Secretary Treasurer OF this corpor
alton. In the event that the other stock
holders offer tn buy more stock thal
is offered. stockholders offering to bu
shall be entitled to buy the offered stoc
in the ratio Of their then stockholding
in this corporation. For the purpose Q
this article the hook value shall be de