The herald., 1918-08-01
CHARTERS

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:
if elected by the directors presently named
shall continue in office, or until their sue
cessOrs have been elected and quallned
The election for said directors shall be by
ballot, and the majority in amount OF the
stock voting shall elect the persons for
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 ap-
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 directors
and officers then in office shall hold over
until their successors are chosen and quail
| flied.
Article VIII-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
| ticles of incorporation, and the number Of
7
| as follows:
Albert Kossman, 4117 Prytania St, New
| Orleans, La. 497 shares, $40: 10000; Mrs.
Bella Kossman, 4117 Prytania ST., New
Marine 1881 y. Robertson St, New Or
| leans. La, l share, $4,000; Victor Suane,
1881 y. Robertson St. New Orleans, La,
share. $4,000; Total, $JO,OO0.OO
Article X.-This charter may be amend
ed. altered or changed, at special meet
| ing of the stockholders called for that
| purpose, after fifteen days notice by mail
has been given to the stockholders of rec
| ord, by a vote of two-thirds OF all the
| outstanding capital stock.
| Article XI-This corporation may be
| dissolved, by he vote of two thirds of all
| outstanding stock, and upon complying
| with the requirements of Section 20 Of Act
| 267 of the Louisiana Legislature for the
| year 1914, and in the event of such dis
| solution. liQuidators shall be named and
| appointed with all the necessary powers
and authority, as set forth in said Act
267 of 1914.
Article KILN addition to the powers
dissolved by the vote of two-thirds of all
this corporation the said Board is special
" vested with the power of purchasing
and acquiring such business or businesses
as in it's judgment may rebound to the
interest and welfare of this corporation
and in payment thereof, to issue capital
stock of this corporation, to such Ia an
ness or businesses is worth.
Article XIII.-All transfers of the cap
ital stock of this corporation shall be
made and entered on the books of this
corporation and no transfer shall be in
any manner binding on this corporation
! unless so entered. After six months from
! the date of this charter, no sale of the
stock of this corporation shall be valid
unless first offered for a period of thirty
days, to the stockholders, through the
Board of Directors, at a price not to eX
coed its book value. Upon the failure Of
such purchase, during the said period o.
thirty days, notation of such fact shall
be made by the Secretary upon such GER
tifcate or certificates having been previ
and thereafter said stock may be sold
without further restriction. Succeeding
purchasers thereof shall, however, be re
quired to offer the same to the stOckhold
ers, for term and at value hereinabov,
designated before disposing of same, and
all stock acquired in this corporation
shall be subject to the provisions of thii
charter.
Thus done and passed in my office, OF
the day and date first above written, IL
the presence of Messrs. Edgar NJ. CahI
! and Irwin Thomas, both competent wit
nesses, domiciled in this city, who signeC
these presents, together with the parties
and me, Notary, after due reading Of tn
whole, the parties hereto affixing oppos
subscriptions to the capital stock of thi
corporation which shall constitute the or
iginal subscription list of all stock sub
scribed in the corporation.
Original signed):
A. Kossman, 497 shares; Mrs. Bell
Kossman, 1 share; W. c. Marine, l share
Victor Suane, / share.
Witnesses: Edgar NJ. Calm, Irwin Thorn
as.
THEODORE A. SCHUBER, Not. Pub
I, the undersigned, Recorder of Mort
cages in and for the Parish of Orleans
State of Louisiana, do hereby certify tina
the above and foregoing act of incorpora
ton of the Belkoma Cigar Co., Inc, wa
( this day duly recorded in my office Il
book 1222, folio 20S.
New Orleans, July 8, 1918
J (Signed) EMILE ]. LEONARD, by. r
: A true copy of the original
THEODORE A. SCHUBER, Not. Put
Jly 1925 Aug 1-S-15-22