The herald., 1915-07-15

MlU IONS Of the laws OF this state in such
cases made and provided relating TO the or
ganization OF corporations, ana more par
1Iarlv act 267 of the General Assembly OF
louisiana approved July ., 1914, they nave
covenanted and agreed, and do by these pres
cnts covenant and agree, bind, form and con-
stitute themselves, as well as SuCh persons
| As NAV hereafter Join or become associated
with them into a corporation and body poi,
| itic in law for the objects and purposes anu
under the agreements and silPulatIohs io'-
ATr'Sie The name and style of this cor .
! poration shall be Glee-Noi Company lncoT-
! porated, and under that name II shall have
| and enjoy all the rights, advantages ana
| privileges granted by law TO corporations, ana
! shall continue aud subsist for the period OF
nincty-uiuc years from the date OF TINS act |
! Its domicIle shall be IN the city oil New Ut
| Article 1.-THE purposes for which this
corporation Is formed are:
| l. 10 acquire the ownership of the formula
/ for making Glee-Nul and to acquire the
trademark and all rights OF every description
growing out Of the said formula or trademark
Of Glee-Nol or appertaning thereto.
, To manufacture and sell Glee Mol; 10
make contracts and agreements and to grant
concessions TO others for like purpose, and TO
use and employ the said formula, trademark
and trade rights in every proper business
way. =, :,
8. To acquire, manufacture and sell all
other syrups extracts and soft drinks, either
as owner Or as agent OF others.
I. o ON N, construct maintain dAlu OPNaaNS
a bottlng plant for the bottllng OF Glee Mol
and OF soft drinks in genera.
5 10 do all business, make all contracts,
and in general enter upon and perform all
things necessary geTmane tor the accom-
plishmeut OF the objects and purposes herein
above set forth
Article III.-The amount Of capital stock
shall be SIX thousand dollars, divided into
sixty C6O) shares of one hundred dollars each,
all Of which shall be issued full paid and non
assessable in payment OF the formula, trade
mark and trademark rights OF Glee mol syrup
| and the property hereinafter described. Inc
rights and property aforesaid are hereby de-
scribed and valued follows, to-wlt:
The formula Tor the making OF Glee Mol
| Svrup the trade name thereof and the trade
mark and right 10 the trademark name,
the SAID trademark having been duly regis
tered, are hereby valued at six thousand dol
I lars.
! | top desk; one long desk; one hler; one type
J writer, Remington make; one iron safe; one
electric fan; one table lamp; six chairs; one
} bill of lading nile; one perfection oil heater;
literature and advertising matter; sixteen
\ large barrels; five small barrels, one nifty
\ gallon barrel with burnt sugar; SIX sacks
1 graduated sugar; one platform scale; one
d wagon skid; two large wooden tanks; one
q | dynamo and machinery attached; twenty-tour
4 one gallon jugs; one hve-gallon jug; one water
Il cooler; one sugar boiler and gas heater
which property Is hereby valued al thirteen
4 hundred dollars.
L A note for eight hundred dollars dated May
Y IS, 1915, balance due for the purchase priCe
u of i certain bottlIng works and contents and
secured by vendors lien and privilege upon
- the said bottling work outfit, which debt Sc
:. cured by lien and privilege and with subIo'
!: CATION TO the same is hereby valued at the
9 sum Of eight hundred dollars.
2 But Notwithstanding the valuations herein
z above set forth, II IS well understood that
!. all Of said rights, properties and debt shall
be acquired for the total issue OF capital STOCK
!. of SIX thousand dollars and no more.
:. The board of directors is hereby directed
:. to acquire the property rights and credit!
- aforesaid and to cause to be executed th'
1 transfers and instruments passing proper titI'
Z: to all and singular the property hereInabov'
= described and to issue therefor the entlr'
= full paid and worcestershire capital stock o
z this corporation.
No sale of the stock of this company shall
be valid unless opportunity has been frs
given the other stockholders to acquire III
Il. same. Written notice OF the intention to sci
Nh said stock shall be given to the company AM
in served on the president. said notice shall
- be addressed to the board OF directors AM
~ shall state the price at which the said stool
re- is offered 1t shall be the duty OF the boar
rs of directors to meet Immediately this motto
- is received and to order same transmitted a
20 once to the other stockholders Of record, an
T., said stockholders shall have the privilege {
~ buy said stock at the price offered with
he seven days from the receipt of the motto
ne from the board of directors as aforesaid. III
- | right of the stockholders to purchase sal
- stock shall follow the same into the hands c
any purchaser who has acquired the sam
OF without compliance with the foregoing pre-
IN vision, but said right must be exercise
ne atiefc6 tfp theeef f5;
er. lnabove established in favor of the stool
as holders.
de- The capital stock of the company nav b
Use increased to one hundred thousand dollars
ny Article lV.-All the corporate powers sha
all be vested in board of directors to be CON
posed OF three stockholders, elected annual
ear on the first Monday of October in each yea
IIs ana me hrSt election for board of director
Id shall be held on the first Monday in Octobe
/ 1916.
all The following persons are hereby declare
OF 10 be the board of directors to serve until IN
Am appointed, to-wit:
Ird Paul Freund, whose post Office address
he geo Godchaux Building, New Orleans, Lou
al Leonard Duplessis, whose post office address
ts- IS 6O6 Godehaux Building, New Orleans, Lor
:. isiana. '
lrd BENJAMIN w. Dart, whose post Office address
for IS S4 Canal Bank Building, New Orlean!
Louisiana.
ru- All the powers conferred by law upon co,
iGt poratlons are hereby vested in the said boar
all OF directors. The said board, however shal
not sell, ALLEVIATE dispose of the formul;
he trademark and trademark rights of Glee M
a board. ~ 'i
We The said board of directors az herein cor
Ia stituted shall meet without notice after tn
Dr. signing of this charter to elect officers estab
he lish bylaws and to transact such other busi
he ness as may be brought before it
he The board of directors elected in 1916 an
OF thereafter shall hold their first meeting O,
to the day that they are elected or as soon a
h, may be thereafter.
he All meetings of the stockholders, save wber
otherwise required by law shall be held o,
d. 1orty-elght hours written notice delivered II
IS, person or mailed to the post Office address o
&c the said stockholders
r. In case of temporary disability or absence
e. any director may give his written proxy II
e. another director, or to stakeholder TO act 70,
nm at meetings of the board of directors.
or Article V.-Ihe names of the subscribers
Sc 10 the stock of this corporation the post Office
ut address of the same and the amount of stool
n subscribed for by each is as follows;
a Paul freund, whose post Office address ;s
r GOO Godchaux Building, New Orleans, Louisi.
y ana, % shares.
l. Leonard Duplessis, whose post Office address
is IS COO Godchaux Building, New Orleans, Lon.
e isiana 20 shares -0"
& BENJAMIN w. Dart, whose post Office address
y IS 94 Canal Bank Building, New Orleans
Louisiana, 20 shares
> The said subscribers will pay for the said
STOCK by the sale, transfer and exchange Of
L me rights, ownership and property, all stu
), ate in New Orleans, Louisiana, and described
u IN Article III of the charter which are val
v ued and appraised at the sum of six thousand
:, dollars, Notwithstanding the same are Of
: greater intrinsic value, as is set out in said
Article III. ~ SH'u