The herald. [volume] (New Orleans, La.) 1905-1953, 1918-08-15

Orleans.
the month of July. in the year of our
Lord, one thousand nine hundred and
eighteen, and Of the Independence Of the
United States of America, the one hun
dore A. Schuber, a Notary Public, in and
for the Parish of Orleans, State of Louis
lana, duly commissioned, sworn and quail
flied, and in the presence of the witnesses
hereinafter named and undersigned, per-
sonally came and appeared:
The several parties whose names are
hereunto subscribed, who severally de-
clared that, ayailing themselves of the
laws OF the State of Louisiana, in such
cases made and provided, they have coven-
anted and agreed, and do by these pres
ents covenant and agree and bind them
selves. as well as all other persons who
may hereafter become associated with
them, to form a corporation, and body
polite in law, for the objects and pur-
poses, and under the articles and stipula-
lions following, to-wit:
Article 1.-The name of this corporation
shall be "Belkoma Cigar Co., Inc" and
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 corporate SEAL, and the same to
alter and break at pleasure: to hold, re-
ceiye lease, purchase and convey, as well
as mortgage and hypothecate property
real, personal and mixed, corporeal and
incorporeal; to name and appoint such
managers, agents, directors and officers
as its business interests and convenience
may require from time to time, and TO
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, and to al
ter and amend the same at its pleasure
II-Tka dOmipila Of said
alton shall be in the City of New Orleans,
La, and all citations or legal process shall
be served upon the President of said
corporation, or in the event of his absence
upon the Vice-President thereof, and in
the absence of both of said officers, upon
the Secretary.
Article III.-The objects and purposes
for which this corporation is organized
business to be carried on by it, are here
by declared to be: To engage in the man
ufacture, buying and selling, at whole
sale and retail of cigars and tobacco; to
buy, sell and deal in the raw materials
Of said articles, and generally to do and
perform any and all things necessary,
proper and pertinent to the objects and
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
fifty thousand dollars (S50.0O000), to be
represented by five hundred 5000 shares
Of the par value of one hundred dollars
S1OO.OO) each. The capital stock of this
corporation shall be 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-
urlng to this corporation, according to the
exclusive Judgment and findings of the
tion shall be going concern, and au-
thorized to do business as soon as fifty
toOl per cent of the authorized capital
SHAH be subscribed for, and at least fifty
toO) 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 $500, OOO.-
0O.
Article VAN 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 of
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 VI.-All the corporate mowers NJ
this corporation shall be vested in and ex-
ercised by Board of Directors. five in
number, all of whom shall be stockhold-
ers' 10 De elected on the second Monday
IN July or each year, commencing with
the second Monday of July in the wear
1919 Three directors shall constitute a
quorum Of the Board for the transaction
Of business.
After the election of said Board Of nj
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. a Vice,
President, and a Secretary and Trea snrer
with the right to combine the Offices OF
PRESIDENT and Treasurer in one person
The Board of Directors may name and an.
point an Assistant Secretary, who need
not De a stockholder, as well as to appOint
such other agents and employees, who
| snail, respectively, have such power and
authority. and perform such duties as NAV
De prescribed by said Board, and who
Directors. W
The directors shall have the right to I'll