The herald., 1911-11-02
UNITED STATES OF AMERICA, STATE
OF LOUISIANA. PARISH OF OR
LEANS, CITY OF NEW ORLEANS.


Lord, one thousand nine hundred and eleven
and of the independence of the United
States OF America, the one hundred and
thirty-sixth, before me, Charles /. Dene-
chaud, notary public, duly commissioned
and qualified in and for the parish of Or.
leans. state of Louisiana, aforesaid. and in
the presence of the witnesses hereinafter
names and undersigned, personally came and
appeared: the several persons whose names
are hereunto subscribed, who severally de-
clare that availing themselves of the laws
or the state of Louisiana, they have con-
traeted and agreed and do by these present
contract, covenant, agree and bind them
selves, as well as such persons as may here
after become associated with Them to form
and constitute corporation for the objects
and purposes and under the articles and
stipulations, following, tO-wit:
ARTICLE 1.
The name of said corporation shall be the
NATIONAL CHICLE CONCERN" and un-
der Its corporate name ii shall have the
power and authority to have and enjoy sue
cession for the full term and period of
ninety nine years from and after the date
thereof; to contract. sue and be sued: to
make and use a corporate seal, and the
same TO break or alter at pleasure; to re-
ceiye, lease, purchase, hold and convey, as
well as mortgage and hypothecate property.
real, personal and mixed. corporal or incor-
poreal; TO name and appoint such managers
agents. directors and officers as its business
or interests and convenience may require
and TO make and establish as well as alter
and amend from time to time such bylaws
rules and regulations for the proper conduct
management and regulation of affairs of
SAID corporation as may be necessary and
proper.
ARTICLE II.
The domicile of said corporation shall be
in the city of New Orleans in the state of
Louisiana, and all citations or other legal
processes shall be served upon the president
OF said corporation, or in the event of his
absence upon the vice-president or acting
president thereof, and in the absence of
both of said officers, upon the secretary of
said corporation.
ARTICLE III.
The objects and purposes for which this
corporation Is established, and the nature
| OF the business to be carried on by IL are
declared and specified to be: to buy and sell
ehicle In Its various forms, TO buy. sell or
| manufacture chicle products or by-products,
| to own, lease or operate chicle groves or
forests and any or all appurtenances per-
tanning to the extraction cleaning, driving
| or manufacture of chicle, its products or by
products To buy, sell or manufacture can
| dies and all that pertains thereto and gen.
orally TO do all acts and to make all con-
| tracts necessary, convenient or in any man
ner appropriate for the carrying on Of said
| business.
ARTICLE ".
The capital stock Of said corporation is
hereby fixed at fifty thousand $780, OO)
dollars, divided into or represented by fifty
thousand (50,0OO) shares of one ($1.OO)
dollar each
The whole of said stock, or such part
thereof as may be necessary, may be issued
Tor the assignment and transfer to this
corporation for any formula or formulas,
or recipe or recipes also In payment, settle
! ment and adjustment of the costs, fees,
| charges, expenses and commissions incurred
for services rendered In the formation and
organization of this corporation likewise
| for cash or In settlement Of such amounts
and at such times as the board Of directors
may determine.
| The board hereinafter created Is especially
authorized TO dispose of the stock for any
and all of the purposes above stated, as in
Its Judgment seems fair and proper.
ARTICLE V.
All the powers of said corporation shall
be vested In and exercised by a board of
directors to be composed of not less than
hve to) nor more than seven ca stock
| holders. to be elected annually on the sec
Ond Monday in December la each year. All
such elections shall be by ballot and con-
Quoted at the Office of said corporation un-
der the SUPPLEMENTARY of two (2) com
| nissloners appointed by the board of direc-
| tors, or shall 1t fail to act, by the presi-
dent, and of such elections. as well as of all
meetings OF stockholders, except for the pur-
PVo' VI LquludllOn or dissolution or 9TH
erwise required by law. notice shall be given
by publication for not more than ten and
not less than seven consecutive DAYS prior
TO and including the date of such election,
| IN one or more newspapers published In the
| city of New Orleans Each stakeholder
shall be entitled to one vote for each share
OF stock standing In his name on the books
or the company to be cast In person or by
proxy and the majority of the votes cast
shall elect. The board of directors shall
have the power to fill all vacancies that NAV
| occur on the board. failure to elect di-
| rectors on the date specified shall not dis
solve the corporation. but the directors then
In office shall remain In office until their
| successors are elected; due notice of an
| other election shall be given as above pro-
vlded, and such notices shall continue to be
given until an election is held The major
ity OF the directors shall constitute a quo
rum FOR the transaction Of business and the
board OF directors at its meeting following
each annual election shall elect a president,
one or more vice-presidents, a secretary and
treasurer, and such other officers as II
snail deem necessary. The board shall have
the power, In its discretion, to unite two or
more offices, and the same to confer upon
one person. The board Of directors may ap-
point from time to time such officers, clerks,
agents and other employees as they may
deem necessary for the business and the pur-
poses OF the corporation. All officers,
clerks, agents or other employees shall hold
ONCE only at the pleasure of the board.