The herald. [volume] (New Orleans, La.) 1905-1953, 1917-05-24
CHAR TEP


United States OF America, State Of Louis.
ana, Parish OF Orleans City OF New
Orleans.
Be j, known. TIA, On this 18th dav OF the
month Of April N the year 1917, before me,
SCOT: Z. Beer a notary public IN and Tor the
parish OF Orleans, State Of Louisiana, therein
ding, duly sworn, commissioned and quail
saet ana IN me presence Of the witnesses
hereinafter named and unde-S gned Per
S)-a,.y came and aPpea-d: the person here
matter subscribed, VINO declared tia: avail
Us themselves OF the laws OF the State OF
Louisiana relative 70 the organization Of
corporations IN such cases made and pro
v.tcd. ,aCy constitute themselves, their sue
,esso-s ard assigns, corporation under
the stlpu.atloAs herein set forth, which they
hereby adopt their charter, to-wIt:
Article The name OF this corporation
Shall. be P. II: Garcia, Inc, and its period OF
duration shall he n,aety-nine years from
and alter this date. and !; Shall have for
the purpose Of the business 10 be carried
OF ~ n, all the powers conferred by law
Iprg corporations. and shall exercise gen
e-a..y all the powers necessary 70 carry on
Article 1.-THE domicile Of this corpora
non shall be in the city OF New Orleans,
STATE OF Louisiana and al! citations and
p-es dent, 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
nature OF the business TO be conducted by 1t
are hereby declared to be the following:
To Inlp0r; tropical products and all Latin
American manufactures, and to export all
American manufactures, and TO deal IN said
products IN all legal ways; and generally
20 do all things necessary and incidental 10
The SAID purposes above stated or related to
and growing ont OF and connected herewith.
Article lN.-Ihe amount OF the capital
stock OF this corporation i hereby declared
% be thirty-ive thousand dollars (s55,OOOO),
which shall consist OF three hundred and
Nifty shares (S5O Of the par value Of one
-r7.7 -RA 49, DH-
If which shall be subscribed for before the
ling Of these articles OF incorporation, and
ii,y per cent OF which said subscription tor
'Ncrty -tIve per cent OF said CdpItaD shall be
paid for before this corporation shall engage
IN business. All Of the stock subscribed for
shall be paid FOR either N money or property
received or labor done f3- said corporation,
AZ such times the board OF directors shall
determine.
The amount to which the capital stock of
this corporation may be increased shall be
one hundred thousand dollars (Sl0O0D).
No transfer OF stock shall be binding on
this company unless made upon the books
IT the company, and no sale or other dis
posal of's.ock shall be valid uHlsS first Of
tered 10 the remaining stockholders Of this
company for ten days az price not 70 ex.
coed the book value thereof on the date OF
said offer, after which, II he said offer IS not
accepted, the stock may be sold by the
owner thereof a. will. All stock acquired in
this corporation shall be subject to the pro
visions Of this charter.
Article V.-All the powers Of this corpora.
:iou shall be vested in and the business and
alta OF the corporation managed by
board OF directors composed OF three stock
holders OF this corporation, who shall be
eiecgd by the stockholders annually on the
first Monday in the month of April. The
| first board Of directors 70 be thus chosen by
| the stockholders OF this corporation shall
serve fo- the first year and until their sue
cessors are elected and qualified.
The first board Of directors shall be named
q rLa I'D cl al nj he
| lowing: Peter II. Garcia, $40 South Peters
| Street, New Orleans. La, Charles Bernard
| 1914 Constantin0ple Street. New Orleans, La,
Miss Camille Livaudas, us Dumaine
Street, New Orleans. La, and Of the. above
named directors, the following shall be the
| ofhce-s, to-wit: Peter II. Garcia president;
Charles Bernhard, vice-president: Miss Ca.
mile Livaudais, secretary and treasurer; all
Of whom shall hold their Offices until their
| successors are elected and qualified.
All elections shall be by ballot az the Office
Of this corporation. under the. supervision
VI two commissioners 70 be appointed by the
board OF directors. Notice OF such meeting
shall be given by the secretary in writing,
delivered TO each stockholder. az least nj
person or mailed 10 his last known post
Office address; but said notice may be
waived by unanimous consent. AT all such
elections and at all meetings OF the stock
holders every s.ockh0der shall be entitled
70 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 written
proxy, and majority Of the votes cast
The failure TO elect directors as aforesaid,
or the failure to hold the annual meeting
as aforesaid. shall not affect dissolve this
corporation nor impair its management IN
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 It's number as possible
after their own election, a president, vice
president and 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 officers
such powers as they may deem proper.
All vacancies in the board FOX whatsoever
cause shall be filled by the remaining d.
rectors Any member Of the board may
appoint any other person his proxy 20 act
in his place and stead at any meeting Of
the board.
Said corporation shall have the right 70
make and amend by its board of directors,