The herald. [volume] (New Orleans, La.) 1905-1953, 1914-03-05

OF THE UNITED COFFEE COMPANY.
January, 1914.


City OF New Orleans, Parish OF Orleans.
Be 1t known, that on this third day OF the
month OF February, IN the year one thousand
nine hundred and fourteen, before me, KOO,
and qualified III and Tor the parish OF Or
leans state OF Louisiana, aforesaid, therein
residing, and IN the presence OF the witnesses
hereinafter named and undersigned, person
ally came and appeared. the persons whose
names are heretuuto subscribed, who declared
that avaIliug themselves OF the provisions OF
the law Of this state, they have CONendntCd
and agreed, and do, by these present cove
nant, agree, bind, form and constitute them
selves, as well such other persons as may
hereafter JOIN or become associated with them
into a corporation and body polite IN law,
for the objects and purposes and under the
agreements and StipulauOns following, to-wlt:
Article 1.-The name and style OF this cor
pOratiOn shall be the United Coffee Company,
and under that name II shall have and ENJOY
all the rights, advantages and privileges grant
ed by law to corporations; 1t shall exist Tor
a period OF ninety nine years from the date
hereof, II shall have power and authority TO
contract, sue and be sued In ITS corporate
name; to make and use a corporate seal, ana
the same to break or alter at pleasure; 10
hold, receive, purchase, convey, mortgage,
and hypotheCate property real, personal and
legations; to have and employ such mana
gers, officers, directors or other employees
as the interest and convenience OF said cor
pOratIon may require, and 10 make and es-
tdDllSu SlCn laws, rules ana regulations
for the corporate management and control OF
the business and affairs OF the said cOrpor-
alton as may be deemed necessary or expo
dent
Article 1.-THE domicile Of said corpora
ton shall be in the city of New Orleans,
state OF Louisiana, but II may establish OF
fees agencies throughout the United
States of America or foreign countries. All
citations and other legal process shall be
served on the president and in his absence
on the viCe-president OF the corporation. In
the event OF the absence OF both of said Of
hcers then said process shall be served on
the secretary.
Article III.-The objects and purposes for
which this corporation Is organized and the
nature OF the business TO be carried on by
II are hereby declared to be: to purchase
and sell coffee, tea, molasses, grains, cere.'
ais and any and every other kind of merchan-
disc or commodities, whatsoever; to roast,
grind and pack cotfees and teas, and to pre-
pare IN any manner all kinds of merChan-
disc which said corporation may deem ad-
visable tor the carrying on OF its business;
to engage in any and all commercial plan
tation pursuits, without any restrictions
whatever, and generally to do and engage
IN any other business, undertaking or en-
terprise connected with, growing out OF, ger
name or incidental to any OF the objects and
purposes hereinabove set forth or coutem-
plated by this charter.
Article N.-The capital stock OF this cor
poration IS hereby fixed at the sum Of one
hundred and nifty thousand tSl5U,U0.OO dol
dred Q,5JU shares OF the par value Of one
hundred $4,000 dollars, each, one hundred
thousand (SlUO,OO) dollars, or one thousand
1900 shares of which shall be preferred
stock with guaranteed annual dividend of
seven per cent q pctD cumulative, and fifty
thousand (S5O,00OOO) dollars or five hundred
$500 shares Of which shall be common stock.
The preferred stock of this corporation
shall be paid for in cash when issued or
IN Installments as may be directed by the
board of directors of this corporation or NAV
be issued at not less than par for property
to said corporation.
The common stock of this corporation shall
be paid for in cash when issued, or in in.
stallments as directed by the board OF di-
rectors of this corporation, or may be issued
at not less than par for property purchased
by or services actually rendered to said cor
poration.
All shares of stock shall be full paid and
worcestershire and all certificates of stock
poration as may be determined by the board
of directors.
The preferred stock of this corporation,
except as hereinafter provided shall be
non voting" and shall be so marked across
the face of all certificates of preferred stock
in appropriate lettering.
Article V.-All the corporate powers of
this company shall be vested in, and the
management and control OF its business and
affairs shall be exercised by a board of di-
rectors to be composed of not less than
three nor more than seven stockholders, each
one of whom must be holder of not less
than ten shares of the common stock of this
corporation IN his own name on the books
OF the company. majority of the drec.
tors shall constitute a quorum for the trans
action OF all business. The directors shall
be elected annually on the first Wednesday
OF October OF each year, unless a legal holt
day, and In that event on the next succeed
ing day not legal holiday, by ballot of the
owners OF record OF the common stock of the
corporation, and a majority of the votes
cast shall elect. Each owner of common
stock shall be entitled in person or by writ
ten proxy to one vote for each share of
stock owned by him and standing in his
name on the books of the corporation All
elections shall be held under such rules and
regulations as may be determined by the
board OF directors, but after at least ten
days notice Of such election shall have been
gwen TO each owner of common stock by
mail sent TO his last known address or by
publication in one of the daily English
newspapers published in the city of New
Orleans for at least ten days preceding such
election. The directors thus elected shall
successors shall have been duly elected md
qualihed- No failure to hold an cleo ion
shall be regarded as a forfeiture of this
charter. Any vacancy occurring on the board
OF directors shall be filled by the rema ming
directors for the unexpred term. The said
board OF directors shall likewise elect the
additional members in case they should de-
termine to increase the number Of the board
as above provided. Said board of Z rectors
snail, at its first meeting elect from among
ITS number, a president, a vice-pres dent a
the two last mentioned Offices into one and
nav even elect SECRETARY Uho - 4 =. -