The herald., 1917-03-22
CHARTER


r.-.-n II D-IrI~-. div If New O-rrlu-.
BE d. known. that on This dlv. the twenty
.r.-I of ,r,. month IF F-t-rsry IN the wear
n .,r~ Lord one thousand u-nr hundred .a-l
seventeen. AND o.! Inc .ud.rruIgucr OF tine
United States af America Inc, ONE. Lrrfrrl
and forty first: before me. Bus,.rrc Rouc0,
q notary public i'm and for ,'r parish OF o.
leans. State of Louisiana. duly Commissioned
~N.,.- and gr4iTr,E and IN the presence.
IF the. witnesses hereinafter named and u--
irr,rgrrL personally came aud appeared:
irr n,r,',.r, .,r.,,. ,,,u.r, .-r brr,,r,t, sub.
~srbrd: an uf the full age Of majority and
ir.,arrI that. availfns tsrm-c,yr, 81 The
PROVISIONS d.. the Laws, Of the STATE Of Lou
i,iaul relative ,o the Organization of cor
p,-.,,,~- and more particularly of Act No
III of the General Assembly 81 this STATE.
approved July o. 1919. they have coyruautci
rr4nt ard are. and bind themselves. 10
form and constitute themselves. as well a.
,rrl persons As NAV hereafter become asso-
sIatrl with them. into corporation and
body polite in law. for the objects and pur-
poses. and under the agreements and st.pu-
tatia~, following. tp-wit:
Article The name and style Of this
corporation shall he "Turrcl Cereal Company.
Inc -r.l-.,..A and under that name II shall
have and cniov all the rights. advantages
and privilege, granted bv Law 10 corpora
t;ons. :, shall exist for the rrriol Of ninety
nine yr,r~ from The date hereof: /. shall
have power To- contract. sue and be sued in
its corporate name: 10 make and use a cor
r,,rat,. seal and Z. break and alter same a.
rrag.r-,. :, hI,l receive. nr-.Ia,.. convey.
irasr. mortgage. hypotrcca.e or pledge prop
c-.v. both real and personal; 10 sign and
i,,.e bonds. notes and other OBLIGATIONS or
negotiable instruments: to have and employ
.,Irh managers directors. officers agents and
othr- er1oirves as the interest and c1uve-
,,ir0rc II the said CORPORATION NAV require
or demand and 10 dismiss them at pleasure;
IN make and establish such bylaws. rules
and regulations for the corporate manage
rrrut and control Of the affairs of the co-po-
-gt.or as may be deemed necessary and expe-
dent.
oo-ltio7 shall be established in the city Of
New Orleans. Louisiana. and all citations
,- other legal process shall be served on the
president: in his absence on the yice.p-esi-
irr.. and in The absence of both upo- the
.-,7s,r-.-
Ar.;rrr LITTLE object and n,-p1-cs for
which tri. c9-oo-atio-i !, formed and the
,,a,,i-r Of the business 10 be carried on bv
j. are br-rhv drriared 10 be. The manufac-
.lI-e and sale Of cereals cereal foods coffee
fllers and compounds. chicorv and artificial
chico-v: roasting Of cofees, cereals etc,
and n ,La. end IN use any necessary ma
rbi7e-v. tools aopIiarces. etc. and to do
anv o:her business incidental to. or needful
in carving out the foregoing purposes.
A-,i,la TT-Tla -snf.aI stock ri This cor
na-7ti1r i Fixed n tLe sun, OF FIVE thousand
d,'Ia-s lS5UntD. divided into Tftv C5W
shan, ~ one Nurdrcd dollars each $1,000
e3rhD All .h7-r. NJ stock Shall bc full paid
and NINA able
81 transfer Of stock shall be binding
r,n,n The co-no-7tiou unless made ,Ipou its
books. and all certificates Of stock shall be
signed bv such officers as may be designated
Inv the Lo,-d Of directors
This ra-no-a+io, shall have the right 70
increase lis caDital stock ND TO the further
sum NJ TWENTY-FIVE thousand dollars (S25gO)
TO be divided into shares OF one hundred
capital stock Shall have been authorized by
the stockholders at meeting 10 be held
pursuant TO the provisions Of Article Sew
en+h Of this charter
ARTICLE N-AU the torporate powers
of this corporation shall be vested IN and
the management and control OF its affairs
shall be exercised by a board Of directors
composed of four tD Stockholders A major
ity of the directors shall constitute a quo
nm for the transaction Of all business
The directors shall be elected annually by
ballot. by the stockholders at meeting held
on the second Monday in March, beginning
with the year 1918 Each stockholder shall
he entitled in person or by proxy. to 4 vote
for every share owned by him, and at all
elections majority OF the votes cast shall
be necessary to elect. Said elections shall
be held under such rules and regulations as
NAV be determined by the board Of drec
tors. after fifteen days notice by mail of
such election shall have been sent to each
stoCkholder at his last known address.
The directors thus elected shall continue
IN otlce Tor one year Except the hrst board
hereafter mentloned) or until their success
soTS Sldll nave DteH uuly SicEtcl anu yuan,
ned. No failure 10 elect shall be regarded
as a forfeiture OF TINS charter. 3,
Any vacancy occurring on said board shall
be filled by The remaining directors Tor the
unexpired term; the SAID board snail ike
wise elect at ITS hrst meeting, after ITS
election, out OF us number a president,
vce-preSIdent and a secretary-treasurer ana
an assistant secretary treasurer VINO snail
also be manager SAID board OF directors
shall have the right to consolidate any TWO
OF the Sdld ofhces INTO one OF 10 seSregaIe
SAID othces. as also the right 10 appoint
and dlsmss such clerks managers ana oiher
employees OF me corporation as Sohultlons
may justify or the business OF the corpo-
ration may require: Inc tenure OF oLhTe on
all me employees OF the corporation ehdl DC
al the pleasure OF the DoaId Oh ulreCi1rS'
ANY. OF me directors OF oIllCe!S s"aal .IEe
director or s'oCHhoider 10 dCt as ms PIoNy
ana IN ms S'eau al any ana al meetings VI
me Doaru OF directors, ii, -
HTuCt Nl.-No SloShIoIu t sndI ever ne
aeld Hdo!S or itsp92HisiDle IoI tIle colI'IdCIS;
iauhs OF ue?IS Oh tHls COT ramon, no; sHdl
any HLSIe ~ n ~ ~ gam ~
haye me eheCl OF Ie"ueIIIE , tiIs C"aI.en
nun, oL 81 eALoStns I.oohol i ~ ~
liiaDlII'y peSoiu dHy O"'aH'e u"e o' '"0
sHd'es O"Heu py "i'ii'
Article Wins act OF Incorporation may
be changed, modlhed or altered, or TINS cor
poration may pc dissolved with the assem-
Of the stockholders owning two-thirds OF all
the stock OF me coTPoratlon' at genera
meeting convened Tor that purpose, ana afteI
at least ten DAYS written notice OF me salg
ngTrass s"t' aN5 stoclbnISe- ~ ~ Tast
l,nawn nl,ce of residence. In case Of disso.
a.