The herald. [volume] (New Orleans, La.) 1905-1953, 1912-07-11
CHARTER.
OF THE AUTOMATIC VENDING Ma
CHINE rnMDANy

CHINE COMPANY.
UNITED STATES OF AMERICA, STATE
OF LOUISIANA. PARISH OF Or
LEANS, CITY OF NEW ORLEANS.
BE ii known, that on this fifth day OF the
month Of June in the year OF our Lord one
thousand nine hundred and twelve and OF
the independence Of the United States Of
America the one hundred and thirty-sey-
enth, before me. W. Morgan Gurley. a no.
tary public, in and for the parish OF Orleans.
state OF Louisiana, duly commissioned and
qualified and in the presence Of the wit
nesses hereinafter named and undersigned.
personally came and appeared: the several
persons who hereunto subscribe their names
all residents OF this city, who severally de-
clare, that availing themselves OF the pro-
visions OF the laws. and the constitution Of
the state Of Louisiana, relative to the or
ganization of corporations, they have con-
tracted and agreed. and do by these presents
contract, agree, bind and obligate them
selves as well as such persons as NAV be
associated with them. or may hereafter be-
come associated with them. to form and
constitute corporation or body polite in
law for the objects and purposes herein e1-
pressed and under the agreements and stip-
ulatiOns following. to-wit
ARTICLE T.
The name of this corporation shall he the
AUTOMATIC VENDING MACHINE COM
PANY.' with its domicile in the civ Of
New Orleans, state OF Louisiana. and under
It's corporate name, IL shall have succession
and existence for ninety-nine (99) wears
from date hereof; 1t shall have the power
and authority to sue and be sued 70 INV
noid, receive, improve, convey. sell. operate,
lease property, real. personal and mixed :
10 name and appoint all manner of EN-
ployees and agents. as its interests NAV re-
qulre. 10 nave power and authority to Dor.
row ana Iend money, issue bonds, secured or
unsecured, In such manner as its board OF
directors may determine and generally n
snail nave power and authority to do all
such acts and things, provided by law, that
nprpSQHrv -
the OBJECTS and purposes for which this cor
poration Is formed and Is hereby vested
with all the immunities, rights and priyi-
I Ieges' conferred upon corporations under the
make, alter, amend and abolish such bylaws.
rules and regulations for the proper con,
duct OF Its business. 1t shall have power to
act as agent or representative of any Der.
son, persons or corporation, as the board
or directors may determine
All citations and other legal processes d.
rected TO this company shall be served upon
| the president or In the event of his absence
or inability to act, then upon the vice
president thereof.
The objects and purposes for which this
corporation Is organized and the nature of
the business to be carried on by II are here
by declared to be to buy, sell. operate and
ease on royalty or otherwise, Bulls Auto
matte Corn Popping Machines or any other
machine or similar nature, with full power
TO construct and operate any kind of auto
matte machines ar to do any and ali tbipss
incidental to the conduct Of said business.
ARTICLE III.
Inc capital stock Of this corporation Is
nIed at the sum of fifty thousand dollars
| lSSO, 100000, divided into five hundred
| l5OOl shares of one hundred dollar,
SSiOO.0Ol each, which shall be paid for in
Sasn at tne time or Its subscription or may
pc issued full paid or worcestershire for pro-
perry actually purchased or services actually
rendered TO this corporation, at . fair and
This corporation shall be a going concern
az soon as three thousand dollars (s3..
OOO.OOl of Its capital stock Is subscribed
Tor, which amount the signers hereto de.
| clare Is subscribed.
| ARTICLE ~
All the corporate powers of this corpora.
ton shall be vested in and exercised by 4
board OF directors OF not less than three i3)
or more than five 90 directors, who shall
be 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 boa nd
OF directors shall be filed by the remaining
| directors for the uneXpired term. Apy 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 |.
| The ofhcers OF this corporation shall be q
president, a vice-president, a secretary and
a treasurer; the last two (2) offices may
| be hlled by one % person. All of said
officers must be members Of the board
The first board Of directors of this corpo
ration Is hereby declared to be Rupert e
| Weems. John A. Sage and f. Rivers Rich
/ ardson; with the said Rupert f. Weems. A,
president; said John A. Sage as vice-presi
dent, and the said F. Rivers Richardson a.
| secretary and treasurer.
said board OF directors and officers shall
hold their respective offices until the SECOND
Iuesday In June, 1913, at which time ant
annually thereafter, an election for directors
shall be held at the Office Of the Corporation
In conformity with the provisions of thi,
charter. And the said directors when 81
elected shall proceed at once to elect from
among their number, the officers herein pro
i A failure to hold such election shall no
annul this charter, but the then existin,
board OF directors and officers shall holC
their respective ofices until new election
can be held, which shall be called and bel,
as soon as possible thereafter.
Ten tlO) days prior notice shall be giver
through the mail to each stakeholder at hi
last known address, Of all meetings Of stock
holders, unless by unanimous consent IL hel,
sooner and all stock issued, votes at sai,
meeting and valves notice referred 10.
AT all meetings Of stockholders, eael
share OF stock issued shall be entitled to on
vote cast by owner T,, IN person or by proxy
Tnis charter may be altered or amende
or this corporation dissolved by a three
} fourths (S-4) vote Of the stock issued an
present or represented at any regular o
special meeting Of stockholders called II
that purpose, after due notice as herein prc
) vided -
AT the dissolution Of this corporation
: whether by limitation or otherwise. the al
{ fairs thereof shall be liquidated and woun
up by the then existing board of director,
4 No st0ckholder of this CORPORATION aha
7 be held liable or responsible for the cor