The herald., 1919-08-28
CHARTER

rice and the by-products thereof and any other
product or commodity for its own account as
well as for others on commission, on such
terms and conditions as Will seem best to the
Board OF Directors and to do any and all acts
! necessary or Incidental to the proper and
effective conduct thereof.
ARTICLE IV-The capital stock of this
corporation is hereby fixed at the sum- OF
Twenty Five Thousand Dollars tS25000OO
represented by Two Hundred and Fifty shares
u One Hundred Dollars 10000 each, to be
paid for in cash or other valuable considera'
ton TO be determined, by the Board OF
Directors.
/ The capital stock Of tins company may be
increased to One Hundred Thousand Dollars
! ($lO0OOO00 according to law.
This charter when recorded shall represent
the original stock subscription list required by
law, and the subscribers thereto have res
pectIvely written opposite their names, the
amount Of stock subscribed by them in this
corporation, and they have stated their post
office addresses 50 as 10 conform with act
No2o7 OF 1914
ARTICLE N-All the corporate powers
Of this corporation not reserved by law to the
stockholders shall be vested in and exer.
cised by a Board OF Directors TO be composed
of not more than three stockholders, major
ity Of whom shall constitute a quorum to tran
saCt business Said Board Of Directors shall
elect from their number a President, a Vice
President and a : etary-Treasu-er. The
Directors shall be elected annually by ballot
by the stockholders of the Company on the
second Saturday Of August of each year and
until the annual election TO be held IN 1921
the said Board OF Directors shall he composed
Of Marched G. Gelpi, David Burkenroad and
Nivcu ]. Gelpi. Should the annual stock
holders meeting not take place, as above
stated, the said Board Of Directors shall hold
office until their successors have been elected
b .I An
said Board shall be filled from other stock
holders by the remaining directors for the
unexpired term
ARTICLE VI.-This Charter may be modi.
fled. changed or altered. or this corporation
may be dissolved with the assent of three
fourths of the capital stock represented at a
general meeting d stockholders convened To-
that purpose, after ten days previous notice
shall have been given to each StockhoIdei
mailed TO his last residence. as II appear:
on the books of the Company.
ARTICLE Vino transfer Of stock shall
be admitted or held to be valid, or binding
/ so far as the company is concerned, unIeS'
made upon the books Of the company.
sale of stocks shall he valid unless such sale
is accompanied by written ccrtltIcate slgnGt
by the President, or Vice President an.
Secretary Treasurer OF the company. to the
effect that such stock is offered to the remain
ing directors proportionately through th'
Board of Directors at its book value Tor
period Of ten days. and they have failed OF
| declined to purchase same
Thus done and passed at my office IN the
CITY of New Orleans the day and date
| herein first above written, in the presence o.
| / H. c. Solanas and II. Bellott. competent
witnesses. who hereunto sign their name
with said appearers and me, Notary, atte'
! reading of the whole.
Witnesses: l. II. c. Solanas, II. Bellott
! Original Signed NJ. G. Gelpi. 1926 \
Lopez St, n. O.. La. 80 shares; Davi,
50 shares; Rene Nicaud 1926 \. Lopez St, \
| O.. La. 50 shares; V. ]. Gelpi 1892 Esplanadt
Ave. n O., La, 50 shares
JAMES J. A. PORTER.
Notary Public,
| I. the undersigned. Recorder of Mortgages IL
| and for the Parish OF Orleans, States o.
louisiana, do hereby certify that the above
and foregoing Act of Incorporation, of the NJ
G.. Gepi Co., Inc. was this day duly recorded
| in my office in Book 1881 Folio 81.
New Orleans, July 81, 1919.
EMILE ]. LEONARD, by. r
l. the undersigned Notary do hereby certify
that the above and foregoing is true anC
correct copy of the original act of record II
my office
In faith whereof. l have hereunto set my
hand and affixed the impress of my Otticla
| Seal this 81 day of July, 1919.
JAMES J. A. FORTIER,
Notary Public
Aug 2l: Sept-4-25