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

the month of July, in the year of Oul
Lord one thousand nine hundred and
eighteen. and of the Independence of the
United States of America. the one hun.
drcd and forty before me, TheO-
dOre 4. Schuber. a Notary Public, in and
for the Parish of Orleans, State of Louis
lana, duly commissioned, sworn and quail
ihed, 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, awaiting 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-
tions following, to-wit:
Article 1.-The name of this corporation
shall be "BelkOma Cigar Co, Inc" and
under its said corporate name IL 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 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, 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.
Article 1.-THE dOmicile of said corpOr-
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 Nice-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 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 1850, OO000), TO be
represented by five hundred $500 shares
of the par value of one hundred dollars
($lO0.OO) each. The capital stock of this
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-
th0rized to do business as soon as fifty
500 per cent of the authorized capital
shall be subscribed for, and at least fifty
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 $500, O00.-
O0).
Article VAN meetings of the stock
holders of this corporation. as well as all
meetings of the Board shall be held at its
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
iomicile.
Article N1.-AH the corporate powers of
his corporation shall be vested in and ex-
ercised by Board of Directors, five in
NUMBER all of whom shall be stockhold- |
RS, to be elected on the second Monday
n July OF each year, commencing with |
he second Monday of July in the year
9l9. Three directors shall constitute a |
quorum of the Board for the transaction |
If business. |
After the election Of said Board Of Di- |
ectors, as herein provided, there shall be |
Elected by said directors from their own |
lumber, the officers of this corporation, |
which are as follows: A President, a Vice |
resident, and a Secretary and Treasurer, |
With the right to combine the Offices of |
resident and Treasurer in one person |
me Board OF Directors may name and ap- |
'oint an Assistant Secretary, who need |
lot be stakeholder, as well as to appoint |
UGH other agents and employees, who |
hall, respectively, have such power and |
re prescribed by said Board, and who |
nay be removed at the pleasure Of the |
directors.
The directors shall have the right to fill /
II vacancies occurring in their number,
rom death, resignation or otherwise |
hould the stockholders at their annual |
Meeting, fail to elect the full five direc-
ors, then and in that event the directors
lected by the stockholders shall have the
light to elect such additional directors,
n order to have a full board. 1t is fur
her understood, that the three gentlemen
amed in this charter, as directors, shall
ave the right, If they see fit so to do to
lect from the stockholders of this cor
oration, two additional directors. to make
full board of five directors, which said
ddlt1onal directors, If elected. shall serve
1lth the three directors named in this
harter until the annual election for di-
ectors on the second Monday of July
919, or until their successors have been
lected and qualified.
The following named persons are now
amed as directors and the officers of
his corporation, and shall serve, together
nth the additional two directors, If elect
q, until the election to be held on the
econd Monday in July 1919. or until
heir successors have been elected and
ualihed. Tbe addresses of said direct
RS and officers are set opposite their re-
pective names:
Albert Kossman. President and Treas
rer, ALI Prytania ST.. New Orleans. La.
lrs. Bella kossman. Vice President. 41I7
'rytania St, New Orleans. La. Wallace
:. Marine, 1881 n. Robertson St. New or
cans. La, Secretary.
Article V1I.-The annual meeting of the
Of this corporation for the
lection Of directors shall be held on the
ecOnd Monday in July of each year. com
Fencing with July 1919, until which time
he officers and directors named in this
narter, and the two additional directors
elected by the directors presently named
hall continue in Office, or until their sue
essors have been elected and qualified.
he election for said directors shall he nv
allot, and the majority in amount of the
took voting shall elect the persons for
nom they are cast. Each share of stock
oted upon to be counted for but ono
ote. Said stock shall not be entitled
D cumulative voting.
The Board Of Directors shall give at
asst fifteen days notice by mail of the
lection of said directors and sbau a. |