The herald., 1912-06-20


poration Is formed and is hereby vested
with all the immunitieS rights and privi-
leSeS, conferred upon corporations under the
laws of Louisiana. To have the power to
make, alter, amend and abolish such bylaws
rules and regulations for the proper con
duct of its business. II shall have power to
act as agent or representative Of any per-
son. persons or corporation. As the board
Of directors may determine.
All citations and other legal processes di-
rected to this company shall b" served upon
the president or in the event Of his absence
or Inability to act then upon the vice
president thereof
ARTICLE H.
The objects and purposes for which this
corporation is organized and the nature ~
the business 70 be- carried on hv II are here
by declared to be: To buy sell, operate and
lease on royalty or otherwise. Bulls Auto
matte Corn Popping Machines or any other
machine OF similar nature with full power
to construct and operate any kind nf auto
matte machines and to do any and all things
incidental to the conduct Of said business.
ARTICLE Ill.
The capital stock Of this corporation Is
fixed AT the sum Of fifty thousand dollars
$50, 100000, divided into five hundred
tJOob shares of one hundred dollars
tSlO0.OOl each. which shall he paid for in
cash at the time of lis subscription or may
be issued full paid or mona SSeSSabIc for Dr0-
perty actually purchased or services actually
rendered to this corporation, at a fair and
market value.
This corporation shall he going concern
rs soon as three thousand dollars tN3.-
ODO.OoD of its capital stock is subscribed
for, which amount the signerS hereto de
clare is subscribed
ARTICLE ".
All the corporate powers Of this corpora
ttOn shall be vested in and exercised by Il
board Of directors of not less than three "a
or more than five 90 directors. who shall
he stockholders.
The number of the board shall be deter
mined by the stockholders at the meeting
called to elect directors, just prior to the
election Of said directors for the ensuing
year. All vacancies occurring on said board
of directors shall be filled by the remaining
directors for the uneXpred term. ANY di-
rector may be represented at any board
meeting by general or special written
proxy given to any stakeholder.
The board Of directors shall have power
and authority to exercise all the powers
granted to this corporation in Article I.
The officers of this corporation shall be a
president, Vlce-preSident, secretary and
treasurer; the last two (2) offices may
he filled by one % person. All of said
officers must b. members of the board.
The first board of directors of this corpO-
ration is hereby declared to be: Rupert +.
Weems, John \. Sage and +. Rivers Rich
ardSOn; with the said Rupert T.. Weems as
president; said John \. Sage as vice presi-
dent, and the said +. Rivers Richardson as
secretary and treasurer.
Said board of directors and officers shall
hold their respective Offices until the second
Tuesday in June 1913, at which time. and
annually thereafter an election for directors
shall be held at the office of the corporation
in conformity with the provisions of this
charter. And the said directors when so
elected shall proceed at once 10 elect from
among their number, the officers herein pro-
vided for
A failure 10 hold such election shall not
annul this charter, but the then existing
board of directors and officers shall hold
their respective offices until a new election
can be held, which shall be called and held
as soon as possible thereafter.
Ten (1OD days prior notice shall be given
| through the mail TO each stakeholder at his
| last known address, of all meetings of stock
| holders, unless by unanimous consent is held
sooner and all stock issued, votes at said
meeting and valves notice referred to.
AT all meetings Of stockholders, each
| share of stock issued shall be entitled to one
vote cast by owner in person or by proxy.
| ARTICLE V.
This charter may be altered or amended
or this corporation dissolved by a three
| fOurths (3-4) vote of the stock issued and
present or represented at any regular or
| special meeting of stockholders called foI
that purpose, after due notice as herein pro-
vided.
AT the dissolution of this corporation.
whether by limitation or otherwise, the af-
| fairs thereof shall be liquidated and wound
| up by the then existing board of directors.
| No stakeholder of this corporation shall
| be held liable or responsible for the con-
| tracts or faults thereof, in any further sum
| than the unpaid balance due the corporation
on his stock, nor shall any mere informally
| in the organization render this charter null,
or expose any stakeholder to any liability
whatsoever.
Thus done and passed. in the city Of New
| Orleans, state of Louisiana, In the presence
of Alfred ID. Preston and Webster ]. AcOmb
competent male witnesses Of the full age
| and residents of this parish. who hereuntO
sign their Names together with the said ap
bearers and me, notary, after reading OF
| the whole.
(Signatures on Originally (Witnesses)
| A. ID. Preston, W. ]. AcOmb.
| W. MORGAN GURLEY, Not. Pub
| I, the undersigned. recorder of mortgages
| in and for the parish Of Orleans, state OF
| Louisiana, do hereby certify that the above
and foregoing act Of Incorporation of the
| Automatic Vending Machine Company" was
| this day duly recorded in my Office in book
| No. 1875. folio No.
| New Orleans La, June 9th, 1912.
| (Signed) EMILE LEONARD. by. r
| l hereby certify the above and foregoing
| to be true and correct copy of the original
| act Of Incorporation OF the Automatic
| Vending Machine Company" together with
the certificate of the recorder Of mortgages
for the parish of Orleans, hereto appended
on file and of record in my nOtarial Office in
the city of New Orleans, La.
| (SeaD
| W. MORGAN GURLEY, Not Pub
june Is 20 81 july 4 IL 10