The herald. [volume] (New Orleans, La.) 1905-1953, 1917-05-03
CHARTER
OF T. II. GARCIA, INC.

OF z. II. GARCIA, INC.
United State, Of America, State Of LouiSi-
ana, Parish OF Orleans, City OF New
Be i: Known. .ha. on this l7,h day OF the
month Of April IN the year 1917, before me,
Scott + Beer, q notary public IN and Tor the
parish o.; Orleans, State OF louisiana, there
-c,ldiug. duly sworn, commissioned and quail
.t.I ana IN the presence OF the witnesses
hereinafter named aud unders sned: Per
,3ra.ly came and appeard: the person here
inter subscribed, who declared that avail
ir. themselves OF the laws OF the State OF
Louisiana relative TO the organization Of
e. operations IN such cases made and p:O-
y.lrI. ldyy constitute themselves. their sue
cr-~.r, and assigns. cooperation under
the s;ipuiarous herein set forth. which they
hereby adopt as their charter, ;O-wlt.
Article The name Of this corporation
shall be 7. II. Garcia, Inc, and It's period OF
and after this date. and it shall have for
the purpose Of the business 70 be carried
on by II, all the powers conferred by law
upon corporations, and shall exercise gen
c.ally all the powers necessary 10 carry on
Article 1.-THE domicile Of this corpora
hon shall be in the city OF New Orleans,
State OF Louisiana, and all citations and
other legal process shall be served on the
president. and in his absence or inability TO
act, upon any officer OF this company.
Article III.-The objects and purposes for
which this corporation IS organized and the
are hereby declared TO be the following:
To import tropical products and all Latin
American manufactures, and TO export al
American manufactures, and to deal IN said
products in all legal ways; and generally
to do all things necessary and incidental TO
the said purposes above stated or related TO
and growing out of and connected herewith.
Article IN.-Ihe amount OF the capital
stock OF this corporation IS hereby declared
70 be thir;y-tive thousand dollars CS50ooO),
which shall consist of three hundred and
fifty shares $50 OF the par value Of one
hundred dollars $4,000 each; fifty per cent
OF which shall be subscribed for before the
filing Of these articles OF incorporation, and
fifty per cent OF which said subscription Cor
twenty-five per cent OF said capIta) shall be
paid for before this corporation shall engage
IN business. All Of the stock subscribed for
shall be paid for either IN money or property
received or labor done for said corporation,
at such times the board OF directors shall
determine.
this corporation may be increased shall be
one hundred thousand dollars $4,000.
No transfer Of stock shall be binding on
this company unless made upon the books
OF the company, and no sale or other dis
posal of stock shall be valid unlss hrst OF
Tered to the remaining stockholders Of this
company for ten days at price not to ex.
coed the book value thereof on the date OF
said offer, after which, If the said offer is not
accepted, the stock may be sold by the
owner thereof at will. All stock acquired in
this corporation shall be subject 10 the pro-
visions of this charter
Article N.-All the powers Of this corpora.
ton shall be vested in and the business and
affairs OF the corporation managed by a
board Of directors composed OF three stock
holders of this corporation, who shall be
electd by the stockholders annually on the
first Monday in the month of April. The
first board Of directors TO be thus chosen by
the stockholders OF this corporation snail
serve for the first, year and until their sue
/ cessors are elected and qualified.
The first board OF directors shall be named
| in this charter and shall lcOnsist OF the FOL!
lowing: Peter II. Garcia, 90 South Peters
Street, New Orleans. La Charles Bernard
Miss Camille Livaudais, us Dumalnt
Street New Orleans, La, and OF the above
| named directors, the following shall be th'
officers, to-wit: Peter II. Garcia, president
| Charles Bernhard, vice-president; Miss Ca
mile Livauda 5, secretary and treasurer, al
| Of whom shall hold their Offices until thei
successors are elected and qualified.
| All elections shall be by ballot at the othc'
| OF this corporation, under the supervis lor
OF two commissioners TO be appointed by TN
| board OF directors. Notice OF such meeting
| shall be given by the secretary IN writing
| delivered to each stockholder, at least nj
| teen DAYS prior to said election, either il
person or mailed to his last known pos
! Office address; but said notice may be
| waived by unanimous consent. At all sucf
| elections and at all meetings OF the stock
| holders, every SLOChNDlutE elldll NC cit4ttCl
| 20 one vote for each share OF stock STANDING
| in his name on the books OF the corporation
| on the date Of such election or meeting; said
votes 70 be cast in person or by writer
| proxy and a majority Of the votes cas-
| Shall elect.
The failure 20 elect directors as aforesaid
or the failure 20 hold the annual meetlns
| as aforesaid, shall not affect or dissolve thl;
corporation nor impair its management II
any respect, but the directors then in Office
| shall remain in Office until their successors
| are elected and qualified.
Each subsequent board Of directors shall
| elect from its number soon as possible
| after their own election, a president, a vice
president and a secretary treasurer; and may
! appoint and elect such other officers, agents
| or employees as the board Of directors may
| deem proper, and may grant TO such officer
| such powers as they may deem proper.
| All vacancies in the board for whatsoeve
cause shall be filled by the remaining di
rectors Any member Of the board ma,
appoint any other person his proxy 10 &C
| in his place and stead at any meeting o
| the board.
| Said corporation shall have the right t
make and amend by its board Of directors
bylaws, rules and regulations necessary an
proper for the management of this corpora