The herald., 1919-04-24
CHARTER OF NEW ORLEANS CANDY
COMPANY, INC

CHARTER OF NEW ORLEANS CANDY
| COMPANY, INC.
! State OF Louisiana, Parish of Orleans. Citv
, Of New Orleans. Be it known, that on this
! 9Th day OF April. in the year II our Lord
Nineteen Hundred and Nineteen, before me.
! Warren '. Miller, duly commits stoned,
/ qualified and acting Notary Public. in and
| tor the Parish OF Orleans, State Of Louis
! lana. and IN the presence OF the hereinafter
| named and understanding witnesses. person
! ally came and appeared the several persons
whose names are hcreunto subscribed who
| severally declared that, ayaliug 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.
| nlZed, and by these presents form themselves.
! IS well as those they represent and such
| others 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 a period
| hereof, with all the rights. powers and priv-
| leges now or hereafter conferred by law
i 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
| President
| ARTICLE U-Sec. 1.-The capital stock
| OF this corporation is hereby fixed at the
! sum OF Twenty Thousand Dollars ($2OOO0OOt.
| all of which shall be divided into and rep
| resented by Two Hundred Shares COO OF
| the par value Of One Hundred Dollars
| tSlO0cO) each. Stock may be paid for in
money. in services rendered the corporation,
or in property and good will regularly trans
Tered to the corporation, all shall be
| determined by the Board OF Directors.
| So NJ -, ~
/ shah sell or dispose OF any of his stock,
| nor shall any treasury stock of the corpora
ton be issued, without first offering il to
the other stockholders Of record through the
Board OF Directors. at 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
ferlng TO purchase such stock, same shall be
! prO-rsted 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 il is or
gained are declared to be, the buying, sell
| ing, and handling at wholesale and retail
| OF candies, CONNECTIONS, syrups. extracts
mineral waters, carbonated drinks and ,ther
| and operation of factories, for the manufac
ture thereof; the manufacturing, buying, sell
| ing or leasing of fixtures, appliances and ap-
purtenances used in the sale and handling
Of such articles; and in general to do any
and all businesses incidental germane to
the above purposes or not contradictory
thereto. Also to buy, maintain and dispose
OF businesses, firms, ETC., dealing in such
articles.
ARTICLE IV.-The corporate powers of
this corporation shall be vested in a Board
OF three 90 Directors, majority of whom
shall constitute quorum for the transaction
OF business. Absent Directors may vote at
any meeting OF the Directors, by proxy,
through any other Director. for that particu
lar meeting. The first Board of Directors
shall consist of and he Chas. 7. Lippard, Roy
Bartlett and E. ]. Cooper, with the said
Chas. T. Lppard as President, Roy Bart
lett, as Vice-President and Treasurer; and
+. J. Cooper as Secretary. who shall serve
as such until the second Monday in Janu
airy, 1922, or until their successors duly
elected and qualified. Meetings of the
stockholders for the election of directors
shall be held yearly on the second Monday
in January, beginning with the year 1922
| The Board OF Directors shall have the right
to elect, without reference to a stockholders
meeting, any stakeholder to be a Director.
whenever a vacancy shall exist on the Board
OF Dlrectors, thru death or resignation. =.
ARTICLE N.-The corporate powers Of
this corporation are expressed and set forth
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 Board
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 and
promi sSory notes. as well as other formal
written obligations of the corporation must
be signed by the President and the Treas
urer.
ARTICLE VINO stockholder of this cor
! baI ba for debtS
of the corporation other than the unpaid
portion of their subscription to stock, and
no informaity herein shall subject render
them liable for
ARTICLE VII.-Amemoment to this char
ter, or liquidation of the corporation shall
be subject to the rules set forth in Act 267
of the Louisiana Legislature for the year
1914. The capital stock of this corporation
charter. TO any sum not exceeding One
Hundred Thousand (slOO,OOOOO Dollars.
Thus done and signed, the day and
date first hereinabove written, in the City
Of New Orleans, in the presence of Messrs.
Prentice F. Burlington, Jr., and Pauline Gill
espie, competent witnesses. and me, Notary,
after a due reading OF the whole; the sub
scr1berS setting opposite their names the
amount of stock they subscribe for, making
this an original subscription list: Chas. T..
Lippard, New Orleans, La, so shares; Roy
Bartlett, New Orleans, La, 50 shares; +. J.
Cooper, New Orleans, La, share.
Witnesses: Prentice E. Burlington, Jr.,
Pauline Gilespit
WARREN V MILLER.
Notary Public.
I, the undersigned, Recorder of Mortgages,
in and for the Parish of Orleans, State of
Louisiana, do hereby certify that the above
and foregoing Act of Incorporation of the
New Orleans Candy Company, Inc, was this
day duly recorded in my office, in Book
122S. Folio So
New Orleans, April 9TH. 1919.
(Sipned) EMILE I LEONARD DIV R.
A true copy.
WARREN v MILLER.
Notary Public.
Apr i0-May Is.