The herald., 1918-08-22

Be it known, that on this third day OF
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
dred and forty second, before me, Theo-
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-
elared that, availing 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 corporation, and body
polite in law, for the objects and pur-
poses, and under the articles and stipula-
tions following, tO-wit:
Article 1.-The name of this corporation
shall be "Belkoma Cigar Co., Inc" and
under its said corporate name ii 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 corporate seal. and the same to
alter and break at pleasure; to hold, re-
ceive, lease, purchase and convey, as well
as mortgage and hypothecate property
real, personal and mixed, corporal 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.
Article 1.-THE domicile of said corpor-
10 ha In thn ~ Of n-lo
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
and established, and the nature of the
business to be carried on by 1t, 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 Iy.-The capital stock of this
corporation is hereby fired at the sum of
fifty thousand dollars S5O,OO0.OO), to be
represented by five hundred $500 shares
Of the par value of one hundred dollars
($1OOOO) 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-
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, and au-
thorized to do business as soon as fifty
500 per cent of the authorized capital
shall be subscribed for, and at least fifty
l5O) 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, OO0.-
O0).
Article YAH meetings of the stock
holders of this corporation, as well as all
meetings Of the Board shall be held at its
domic1le, 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 powers of
this corporation shall be vested in and ex-
ercised by Board of Directors. five in
number, all of whom shall be stockhoId
ers, to be elected on the second Monday
in July of each year. commencing with
the second Monday of July in the year
1913. 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, a Vice,
President, and Secretary and Treasurer.
with the right to combine the Offices of
President and Treasurer in one person.
The Board of Directors may name and ap-
point an Assistant Secretary, who need
not be stakeholder, as well as to appoint
sucn 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 occurring in their number,