The herald. [volume] (New Orleans, La.) 1905-1953, 1918-07-18
CHARTERS.

laws of the State of Louisiana, IN such
cases made and provided, they nave coNe a
ents covenant and agree and BIND the,h-
selves, as well as all other persons wiz
NAV hereafter become associated WIN
them, to form a corporation, anu una NM mr..
nolitic in law. for the objects ana pIr
noses and under the articles and stlpula-
tions following, tO-wlt:
Article 1.-The name of this corporation
shall be "BelkOma Cigar Co, Inc ana
under its said corporate name IL snn nan
have power and authority to have anu
enjoy corporate existence ana succession
for the full term aud period OF ninety
nine years from and after the date mercer,
to contract, sue ana ne sued 10 NAM aHe "i to
use corporate seal. and the same 10
alter and break at pleasure 10 holdi RI
ceive, lease, purchase ana convey as WI
as mortgage and hypOthecate properly
real personal and mixed, cOrporeal anu
incornoreal: to name and appoint such
managers agents, directors and OHlcers
as its business interests and convenience
may require from time 10 tIe, anu ~
make and establish such bylaws, rules
and regulations for the proper manage
ment of the affairs of said corporation, as
may be necessary and proper ana 10 al
ter and amend the same ut its pleasure
Article 1.-THE dOmiCile Of said corpOr-
alton shall be in the City OF New orleans;
La and all citations or legal process sha ii
be served upon the President OF salu
cOrpOration, or in the event of his absence
upon the Vice President thereof, ana IN
the absence of both of said officers, upon
the Secretary.
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 II, are mere
by declared to be: To engage III the man
ufacture, buying and selling, at whole
sale and retail of cigars ana TOBACCO; 10
buy sell and deal in the raw materials
of said articles. and generally TO DO ana
perform any and all things necessary;
proper and pertinent TO the objects ana
purposes of this corporation: TO engage IN
said business in all parts of the State OF
Louisiana, and elsewhere.
Article IV.-The capital stock of this
corporation is hereby fired at the sum OF
nifty thousand dollars (S5O,OOOOOD, TO be
represented by five hundred (JOO) shares
of the par value of one hundred dollars
$500 OO) each. The capital stock or TINS
corporation shall he payable in cash or
in such installment and under such con
ditions as the Board of Directors may de-
termine. The capital stock of this cor
poration shall only be issued for cash, or
for services rendered, merchandise, prop
erty or other valuable considerations. en-
uring to this corporation, according to the
exclusive judgment and findings OF the
Board of Directors thereof. This corpora
ton shall be a going concern, ana au-
thoriZed to do business as soon as NIFTY
(5O per cent of the authorized capital
shall be subscribed for, aud at least hfty
500 per cent of all stock so subscribed
for, shall be paid for. The capital stock
of this corporation may be increased TO
two hundred thousand dollars (S2oOOOO.-
0O).
Article y.-All meetings of the stock
holders of this corporation, as well as all
meetings of the Board shall be held at Its
domicile, in the City of New Orleans, La.
provided that with the written consent or
all the directors, valid meetings of the
directors may be held outside of the State
or within the State, elsewhere than at its
domicile.
Article yI.-All the corporate powers of
this corporation shall be vested in and ex-
ercised by a Board of Directors, five in
number, all of whom shall be stOckhOld-
ers to be elected on the second Monday
in July of each year. commencing with
the second Monday of July in the year
1919. Three directors shall constitute a
quorum of the Board for the transaction
of business.
After the election of said Board of Di-
rectors, as herein provided, there shall be
elected by said directors from their own
number, the officers of this corporation,
which are as follows: A President, Vice
President, and a Secretary and Treasurer,
with the right to combine the Offices OF
President and Treasurer in one person.
The Board of Directors may name and APP
point an Assistant Secretary, who need
not be a stakeholder, as well as to appoint
such other agents and employees, who
shall, respectively, have such power and
authority, and perform such duties as may
be prescribed by said Board, and who
may be removed at the pleasure OF the
Directors.
The directors shall have the right to fill
all vacancies acquiring in their number,
from death, resignation or otherwise.
Should the stockholders at their annual
meeting, fail to elect the full five direc-
tors, then and in that event the directors
elected by the stockholders shall have the
right to elect, such additional directors,
in order to have full board. 1t Is fur
ther understood. that the three gentlemen
named in this charter, as directors, shall
have the right, If they see fit so to do to
elect from the stockholders of this cor
poration. two additional directors, to make
a full board of five directors, which said
additional directors, If elected. shall serve
with the three directors named in this
charter until the annual election for di-
rectors on the second Monday of July
1919. or until their successors have been
elected and qualified.
The following named persons are now
named as directors, and the officers Of
this corporation, and shall serve. together
with the additional two directors il elect
ed, until the election to be held on the
second Monday in July 1919, or until
their successors have been elected and
qualified. The addresses of said direct
Ors and officers are set opposite their re-
spectiye names:
urer, 4117 Prytania St., New Orleans, La.
Mrs. Bella Kossman, ice-President. 4117
Prytania ST., New Orleans, La. Wallace
c. Marine, 1881 n. Robertson ST., New Or
leans, La, Secretary.
Article VII.-The annual meeting of the
stockholders of this corporation for the
election of directors shall be held on the
second Monday in July of each year, COM
mencing with July 1919, until which time
the officers and directors named in this
charter, and the two additional directors,
IL elected by the directors presently named
shall continue in office, or until their sue
cessors have been elected and qualified.
The election for said directors shall be by
ballot and the majority in amount of the
stock voting shall elect the persons for
whom they are cast. Each share of stock
voted upon to be counted for but one
vote. Said stock shall not be entitled
to cumulative voting.
The Board of Directors shall give at
least fifteen days notice by mail of the
election of said directors, and shall APP
point one or more stockholders to preside
at such election. Any failure from any
cause whatsoever to elect directors on the
day named for that purpose shall not dis
solve the corporation, but the director.
and officers then in Office shall hold over
until their successors are chosen and quail
flied.
Article yIII.-No stakeholder shall ever
be held liable or responsible for the con-
tracts, faults or debts of this corporation,
nor shall any mere informality in its or
ganization have the effect of rendering this
charter null, or of exposing its share
holders to any liability beyond the I'M
paid balance due on the stock owned by
them.
Article IX-The names and post office
addresses of the subscribers to these ar
tfcles of incorporation, and the number of
gh Of ST. nv