The herald. [volume] (New Orleans, La.) 1905-1953, 1919-05-15

April q, 1917.
! A true copy.
CHAS. F. FLETCHINGER.
Notary Public.
|, Apr II to May p.
CHARTER OF NEW ORLEANS CANDY
COMPANY, INC.
State of Louisiana, Parish of Orleans. City
iof New Orleans. Be it known, that on this
5th day of April, in the year of our Lord,
| Nineteen Hundred and Nineteen, before me,
| Warren v Miller, a duly commissioned,
qualified and acting Notary Public, in and
| for the Parish OF Orleans, State of Louis
! lana and in the presence OF the hereinafter
| named and undersigning witnesses, person
! ally came and appeared the several persons
| whose names hereunto subscribed who
| severally declared that, avalling themselves
and those they represent of the general laws
| Of the State OF Louisiana, in such cases made
| and provided, they have formed and orga.
! nzed. and by these presents form themselves,
others as may hereafter become associated
with them, into a corporation and body poll
| tic in law for the objects and purposes in
| the following articles set forth and express
| ed, which they adopt as their charter.
ARTICLE 1.-The name and title of this
corporation shall be the New Orleans Candy
| Company, Inc. and it shah exist and enjoy
succession by its corporate name for period
| Of Ninety nine (99) years from the date
| hereof, with all the rights, powers and privi-
upon trading corporations. Its domicile
shall be in the City of New Orleans, and all
citations and legal services shall be made
| upon the President, and in event of his alb
| sence or inability to act, upon the Vice
ARTICLE II-Sec THE capital stock
| of this corporation is hereby fixed at the
sum of Twenty Thousand Dollars (S20,0OOO0),
all Of which shall be divided into and rep,
| resented by Two Hundred Shares 600 of
| the par value of One Hundred Dollars
| (S10OoO) each. Stock may be paid for in
| money, in services rendered the corporation.
| or in property and good will regularly trans
| ferred to the corporation, all shall be
| determined by the Board of Directors.
! Sec 2. No stakeholder of this corporation
| shall sell or dispose of any of his stock,
| nor shall any treasury stock OF the corpora
I tion be issued, without first offering 1t to
| the other stockholders of record, through the
| Board of Directors, at a price to be deter
mined by the value given the stock by the
\ books OF the corporation, at the last trial
\ balance therefrom; provided that in failure
| TO purchase such stock by such stockholders
| of record, within thirty days from offer of
| sale of same, given the Board of Directors
| in writing, such stock may be sold by the
| holder without regard to this article. In
event of several stockholders of record Of
| fering to purchase such stock, same shall be
| pro-rated in proportion to the number OF
shares then owned by the purchasing stock
| holders.
| ARTICLE III.-The objects and purposes
| Of this corporation and for which it is or
| ganized are declared to be, the buying, sell
ing, and handling at wholesale and retail
Of candies, corrections, syTups extracts
food products; the erection, maintenance
| and operation of factories, for the manufac
ture thereof; the manufacturing, buying, sell
ing or leasing of fixtures, appliances and a9
| purtenances used in the sale and handling
| Of such articles; and in general TO do arJ
| and all businesses incidental or germane tC
the above purposes, or not contradictory
thereto Also to buy, maintain and dispose
of businesses, firms, ETC., dealing in sucf
| articles.
ARTICLE IV-The corporate powers o
this corporation shall be vested in BoarC
of three 90 Directors, majority of whom
of business. Absent Directors may vote a
any meeting of the Directors, by proxy
through any other Director, for that particu
lar meeting. The first Board of Director:
shall consist of and be Chas. T. Lippard, Roy
Bartlett and E. J. Cooper. with the sait
Chas. T. Lippard as President, Roy Bart
lett, as Vice-President and Treasurer; anC
E. ]. Cooper as Secretary, who shall serve
as such until the second Monday in Janu
airy, 1922, or until their successors are dull,
elected and qualified. Meetings of thu
stockholders for the election of director:
shall be held yearly on.the second Monday
in January, beginning with the year 1922
The Board of Directors shall have the RICH
to elect, without reference to a stockholders
meeting, any stakeholder to be a Director
whenever vacancy shall exist on the BoarC
of Directors. thru death or resignation.
ARTICLE V-The corporate powers Q
| this corporation are expressed and set fortl
by Section Seven Cd of Act 267 of the Louis
lana Legislature for the year 1914, and shall
be duly employed by and thru the Boart
Of Directors. The duties of the several of
ficers shall be set forth in the bylaws
which will be adopted by the Board of Di
rectors. and amended altered at their will
but which must provide that all checks ant
promissory notes. as well as other forma
written obligations of the corporation mus
be signed by the President and the Treas
urer.
ARTICLE Vino stakeholder of this cor
poration shall ever be liable for any debt
portion of their subscription to stock, ant
| no nformality herein shall subject or rende
them liable for same.
| ARTICLE VII.--Amenoment to this char
ter, or. liquidation of the corporation shall
be subject to the rules set forth in Act 20
of the Louisiana Legislature for the yea
1914. The capital stock of this corporation
may be increased, by amendment to thi
charter, to any sum ,s,6 not to exceeding On
Thus done and signed, the day an
. date first hereinabove written, in the Git
of New Orleans, in the presence of Messrs
Prentice E. Burlington, Jr, and Pauline Gil
, lespie, competent witnesses. and me, Notary
scribers setting opposite their names tn
amount of stock they subscribe for, maxim
, this original subscription list: Chas. I
. Lippard, New Orleans, La, so shares Ro
: Bartlett, New Orleans, La, so shares; E.
. Cooper, New Orleans, La, / share.
!. Witnesses: Prentice E. Burlington, Jr
{ Pauline Gillespit.
WARREN V. MILLER,
Notary Public.
!. I, the undersigned, Recorder of Mortgage!
in and for the Parish of Orleans, State {
Louisiana, do hereby certify that the abov
and foregoing Act of Incorporation of tn
New Orleans Candy Company, Inc, was thi
: day duly recorded in my office, in Boo
! | l228 Folio $40.
New Orleans, April 9TH, 1919.
(Signed EMILE J. LEONARD, by. r.
A true copy.
: WARREN V. MILLER,
Notary Public
{ Apr. 10-May Is.