The herald. [volume] (New Orleans, La.) 1905-1953, 1918-09-19
CHARTER OF CRESCENT CITY CORK
WORKS, INC.

United States of America, State of Louis.
lana, Parish of Orleans. City of New Or
| leans. BE II known, that this twenty;
third day OF the month of August, in the year
| of Our Lord. One Thousand nine hundred and
eighteen. and Of the Independence of the
United States of America, the one hundred
and forty third. Before me, Theodore A
Schuber, a Notary Public, in and for the
Parish of Orleans. State of Louisiana. there
IN residing, duly commissioned, sworn and
qualified, and in the presence of the wit
nesses hereinafter named and undersigned:
personally came and appeared the several
parties whose names are hereunto subscribed
who severally declared that availing them
selves of the laws of the State of Louisiana
in such cases made and provided, they have
eovenanted and agreed. and do. by these
presents, covenant and agree and bind them
selves, well all other persons who NAV
hereafter become associated with them TO form
a corporation and body polite in law, for
the objects and purposes and under the ar
tlcles and stipulations following. to-wit:
ARTICLE 1.-The name of this corporation
shall be: Crescent City Cork Works. Inc
and under its said corporate name. it shall
have power and authority to have and enjoy
corporate existence and succession for the
full term and period of ninety nine years
from and after the date hereof, TO contract
sue and be sued, to make and use a cor
porate seal, and the same to alter and break
| at pleasure; to hold, receive. lease purchase
and convey, as we'll as TO mortgage and hy-
PoNiSNdtC PiOpSItS real, personal and mixed.
corporeal and incorporeal; to name and ap-
point such managers, agents, directors and
OFFICERS, as Its business interests and con-
venience may require, and TO make and estab-
lish such bylaws, rules and regulations for
the proper management of the affairs of said
corporation, may be necessary and proper
and to alter and amend the same at its
pleasure.
ARTICLE 1.-THE domicile of this cor
poration shall be in the City of New Orleans.
La, and all citations or legal process shall
De served upon the President, or in the event
OF has absence upon the Vice President and
IN the absence of both, upon the Secretary
Treasurer.
ARTICLE III.-The objects and purposes
for which this corporation is organized and
established, and the nature of the business
to be carried on by it, are hereby declared
to be: To engage in the manufacture buy.
ing, selling and dealing in, at wholesale
and retail of all kinds of corks. and cork
products and by-products, and generally TO
perform and do all things necessary, proper
and pertinent to a general cork business. as
wei as to manufacture and deal in such |
other articles as in the judgment of the |
Board OF Directors may seem fit and proper |
ARlIcLE lH.-fhe capital stock of this |
corporation is hereby fixed at the sum of |
One Hundred Thousand Dollars (SlOO.OOO.OO). |
to be divided into and represented by one
thousand shares of the par value of One |
Hundred Dollars $4,000 each. The capt. |
q, SUN Vi tniS corporation snail be paw |
able IN cash. or in such installments and |
under such conditions as tle lBoard of |
Directors shall determine, as we'll as for |
services rendered, merchandise, property or |
otner valuable consideration received, and |
enuring to this corporation, according TO the |
exclusive findings of the Board of Directors |
thereof. This corporation shall be going |
concern, and authorized TO do business as |
soon as fifty $50 percenD per cent of the |
authorized capital shall be subscribed for
and at least fifty $50 per cent? per cent of |
all stock so subscribed for, shall be paid for /
4 he capital stock Of this corporation NAV |
be increased to Two Hundred Thousand |
Dollars (S20OOOO0OO
holders Of this corporation. as well as all |
meetings Of the Board of Directors shall be
held at its domicile. in the City of New Or
leans La: provided that with the written
consent OF all directors. valid meetings of
the directors NAV be held outside of the
State or within the State elsewhere than at
its domcile.
ARTICLE VI.-All the corporate powers
'f this corporation shall be vested in, and
by a Board of Directors five in
number all of whom shall be stockholders to
De elected on the fourth Monday of Au-
yust of each year. The first Board of Di-
ectors to serve this corporation until the
annual election in August. 1919 or until their
successors have been elected and qualified
hall be elected Immediately after the signing
Il this act. Three directors shall consti-
ute quorum of the Board for the trans
ction of business by said Board After the
lection of said directors as herein provided
or. there shall be elected by said directors
rom their own number, the officers of this
orporation as follows: President a
ice President, Secretary and an
assistant Secretary Treasurer, with the right ,
o combine the offices of Secretary and Treas !
rer and Assistant Secretary Treasurer each i
a one person. The Board Of Directors shall /
ave the power and authority to appoint !
ich other agents and employees. who shall
.spectively. have such power and authority,