The herald., 1917-04-19
CHARTER


T-.,i,e5 St,re, OF America. State OF LouiSi
ana. Parish Of Orleans, City OF New
Re - known. tina, on this 18th day o; the
month OF April IN the year 1917, before ne
Scot, Z. Beer notary public IN and Tor tle
parish OF Orleans, State OF louisiana Lherei'
residing, duly sworn cominls sioIeu atu -
incI and IN the presence OF the Witnesses
hereinafter named and undersigned; lef'
,1nally came and aPpeard: the person mere
| matter subscribed, who declared thaS AVA,
ifg themselves Of the laws Of the State o.
| Louisiana relative TO the organization OF
corporations in such cases made ana pro-
| yited, tacy constitute themselves, their sue
,c.>,rs and assigns. a corporation undt'
| The ,tipulatious herein set forth, which they
| hereby adopt a. their charter, to-wit:
| Article 1.-The name OF this corporation
shall be p. H. Garcia Inc and us pe'iou % o,
| duration shall be ninety-nine years from
| and after this date, and II shall nave foI
the purpose OF the business 10 be carried
on Ay II, all the powers conferred by Ia"
| mon corporations, and shall exercise gen
| orally all the powers necessary to carry on
| said business.
Article 1.-THE domicile OF this corpora
ton shall be in the city OF New Or'eans;
State Of Louisiana, and all citations ana
other legal process shall be served on the
| president, and in his absence or inability 10
act upon any officer OF this company
| Article III.-The objects and purposes toT
which this corporation is organized and the
| nature OF the business to be conducted by II
are hereby declared 10 be the following;
| To import tropical products anu dl' l@a1I -
| American manufactures, and 10 export an
| American manufactures, and TO deal in said
| products in all legal ways; and genera!ly
| 10 do all things necessary and incidental 70
| the said purposes above stated or related 10
| and growing out of and connected Herewith;
| Article IV.-The amount OF the capltai
stock of this corporation IS hereby de c dS
| to be thirty-ive thousand dollars (SSo'uoo.oo,i
| which shall consist of three hundred ana
nifty shares $500 of the par value OF one
| hundred dollars $4,000 each; nifty per cent
| Of which shall be subscribed for before the
| fling of these articles 'of Incorporation, ana
ff.v ner cent Of which said subscription Tor
| twenty-five per cent of said capltaD snail De
paid for before this corporation shall engage
IN business. All Of the stock suoscrloeu IoI
| shall be paid for either III money or properly
| received or labor done for said corporation,
al such times as the board of directors shall
determine. ~ -. =,
The amount to which the capital stock ii S o.
; this corporation may be increased o snail DC
one hundred thousand dollars tSloOCU).
No transfer of stock shall be binding on
this company unless made upon the oo9k'
of the company, and sale or other dls
| posal of stock shall be valid unlss hrst OF
: Tered TO the remaining stockholders OF tins
company for ten days at price not to ex
I coed the book value thereof on the uale o
said offer, after which, if the said offer IS no
n | accented the stock may be sold by m
owner thereof at will. All stock acquired II
5 this corporation shall be subject to the pro
;; | visions of this charter.
: ton shall be vested in and the business an
IL affairs Of the corporation managed by .l
board OF directors composed OF three StoeS
k holders of this corporation, who snail
n electd by the stockholders annually on IN
ID first Monday in the month OF April. q
Of first board OF directors to be thus chosen D
rs the stockholders of this corporation sha
lie serve for the first year and until their SUI
Or / cessors are elected and quallhed:
II The first board Of directors shall be name
rs in this charter and shall lconsist OF the 10
h 4
Street. New Orleans, La, Charles BerniaT
p 1914 Constantinople Street, New Orleans, Ia
lie Miss Camille. Livaudais, us Dumait
a. named name directors. the following shall be II
S, offcers, o-wit: Peter II. Garcia, pTesiden
re Charles Bernhard, yice-president; MISS I
9 mile Livaudais, secretary and treasurer; a
al Of whom shall hold their offices until the
il successors are elected and qualified.
s. All elections shall be by ballot at the ON
Of this corporation under the SUPERVISE
I'd board Of directors. Notice OF such meetiT
d. shall be given by the secretary in wriun
s delivered to each stakeholder, at least Il
in teen days prior to said election, either
rs offce address but said noRce may
il waived by unanimous consent At all SUE
elections and at all meetings OF the stoGl
S holders, every stockholde shall be entlile
~ to one vote for each share Of stock standir
re in his name on the books OF the corporate
to on the date of such election or meeting; sa
s. votes 10 be cast in person or by write
ID proxy, and a majority of the votes ca
Id shall elect.
er The failure to elect directors as aforesal
d. or the failure to hold the annual meetlr
he as aforesaid, shall not affect or dissolve IN
ty corporation nor impair its management
m any respect, but the directors then IN ofh'
4 shall remain in Office until their successor
J. are elected and qualified.
il Each subsequent board OF directors sha
ut elect from its number as soon as possib
rs after their own election, president, a VIC
IL president and a sec-etary-treasurer; and ma
TO appoint and elect such other officers, agen
y or employees as the board OF directors ma
w deem proper and may grant 10 such othce
es such powers as they may deem proper.
as All vacancies in the board for whatsoev
he cause shall be filed by the remaining q
of rectors Any member Of the board n;
On appoint any other person his proxy 10 a
ng in his place and stead al any meeting
st the board.
ce Said corporation shall have the right
Is, make and amend by its board OF directo
A3 bylaws. rules and regulations necessary a.
w. proper for the management Of this corpo'