The herald. [volume] (New Orleans, La.) 1905-1953, 1919-08-28
CHARTER OF COE-VOGT BETTING &
SUPPLY COMPANY, INC.

United States of America, State Of Louis
lana, State OF Louisiana, Parish OF Orleans,
City OF New Orleans. Be it known, that on
this 22nd day Of the month OF July in the
year OF our Lord. One Thousand Nine Hun
bred and Nineteen; Before me, Frederic {.
Ouerens a Notary Public, duly commssiO
Ell and qualified in and for the Parish OF
Orleans, State OF louisiana therein resid-
ing, and in the presence of the witnesses
hereinafter named and undersigned; person
ally came and appeared, Marion \. COe, john
+. Nogt. W. ]. Drawe, all of full age and
residents OF the City OF New Orleans, and
all OF whom declared that availing themselves
OF the provisions OF the Constitution and
Laws OF the State OF Louisiana relative 10
the formation and conduct OF corporations.
and particularly OF the provisions OF Act
No. 20 of the General Assembly OF Louis
lana of the year 1914, and its amendments,
they do hereby form and constitute them.
selves, and such other persons OF age as may
lawfully become associated with them, into
corporation, body polite or stock company
entitled to the benefits of all laws pertain
ing to such bodies, and for the objects and
purposes, and under the stipulatiOns set forth
in the following articles, which articles
shall constitute the charter OF the corpora
tioh herein formed:
ARTICLE 1.-The name and title of the
corporation hereby formed IS declared to be:
"COe-Vogt Betting & Supply Company, Inc"
and its domicile shall be in the City OF New
all mortgages OF stockholders and directors
shall be held, except otherwise provided
by law. 1t shall have and enjoy corporate
existence and succession under the said
name for period of ninety nine years from
and after the date of this act, unless dis
solved otherwise according to law.
ARTICLE 1.-THE objects and purposes
fo- which this corporation is formed and the
nature of the business TO be carried on by it
are hereby declared to be:
To purchase, acquire, buy, own, and sell,
market and ship, manufactured leather goods,
leather betting, and leather products of vari-
Gus kinds manufactured rubber goods, rub
| Der betting, rubber hose, and rubber products
of various kinds, asbestos packing ma
terial steam specialities, and in general, mill
| supplies of various descriptions; ship chand-
| lery and supplies and heavy hardware; and
! to dispose of the same in any quantities;
! To acquire, own, lease. establish and main
| tain any real property situated either in the
| State of Louisiana, for the purpose of its i'm
mediate business, or for any business in other
| States, and to create and establish such
| branch offices and agencies throughout the
! United States its business may require
| from time to time
And to accomplish any or all of the pur-
poses above enumerated, this corporation
shall have power to borrow and lend money
to purchase, acquire, hold, own, lease, sell
convey, mortgage, pledge, or otherwise en-
cumber property both real or personal, con-
ven:ent and incidental, and to contract in
! any manner necessary, for the proper accom-
plishment and conduct of the business here
matter mentioned and contemplated;
ARTICLE III-The capital stock of this
| corporation is hereby fixed in the OF
Thirty Thousand Dollars, (S30OO000), divided
into and represented by Three Hundred 600
shares of the par value of One Hundred Dol
lars, $4,000, each, all OF which shall be
common stock and worcestershire, and shall be
paid for before issuance, in money, or its
equivalent, labor done or property, real, per
al l.,
the corporation, and after due appraisal o.
value by the Board of Directors of the cor
poration and acceptance of the Board, suct
valuation shall be conclusive upon the cor
poraton. The capital stock may, at any
time, by compliance with law, be increased
to One Hundred and Fifty Thousand Dol
lars, (Sl50O0OOO).
ARTICLE IV-The powers of this corpora
ton hereby declared to be:
To invest its Board of Directors with al
corporate powers subject to such restriction
as shall be named in the charter; to have
succession under its corporate name for
period of ninety-nine years from and afte
the date of this act; to sue and be sued il
its corporate name in any court of compe
tent jurisdiction; to make and use com
mon seal and to alter the same at its pleas
ure; to acquire property by grant, gift pur
chase and devise or bequest; to lease, holt
and dispose of, and to mortgage and pledg
the same, all subject TO such limitations a
may be prescribed by law; TO appoint sucl
officers and agents as the business of tn
corporation may require, and to fix thei
compensation, having due regard to the ma
ture, character and value of their services
to make bylaws not inconsistent with an,
existing law, fixing or altering the manage
ment OF the property, the regulation an
government of its affairs and the manner o
the certification and registration of its stock
TO wind up and dissolve itself, or to be woun
up and dissolved in the manner prescribe
by law; TO conduct business in this State
other States, the Federal District, Terrrtorie
and foreign Countries to hold stock in othe
| corporations the capital stock OF one corpora
ton may be issued for capital stock in othe
corporations; provided however, that no cor
poration shall be permitted to vote NOR
! any other corporation, and whenever a give
I per cent. OF the capital stock is required 70
l any purpose, such per cent. shall be ca,
= culated on the total amount OF outstandin
! stock entitled to vote; and especially t
have all the powers and privileges directl
! or by implication conferred upon corpora
!, tons Of this character by the laws Of thi
] state, as well as such powers and benefit
r as are conferred upon corporations by othe
states, Federal District, Territories and POI
1 sessions OF the United States and foreig
, countries, when doing business therein, an
= which are not inimicable to the laws
: ARTICLE V-All of the corporate power
o and the management of the business of Ii
: corporation shall be vested and is hereb
+ vested, in a Board OF Directors, which sha
, consist of a minimum number of three {
e and maximum number of seven I'd stool
f holders. each of whom shall hold in h
d own right at least one share of unpledge
4 stock of this corporation during his tenu;
: of office. With the exception of the Boar
e hereinafter specifically named, the Directo,
;, shall be elected at the annual meeting of ii