The herald. [volume] (New Orleans, La.) 1905-1953, 1919-05-01

Notary Public
Apr. Il 10 May D.
CHARTER OF NEW ORLEANS CANDY
COMPANY, INC
State OF Louisiana. Parish Of Orleans Civ
I Of New Orleans. BE it known, that on thi,
2th day OF April, in the year of our Lord
Nineteen Hundred and Nineteen before me.
! Warren '. Miller, duly commissioned.
PuaIllied and acting Notary Public. in and
! LOT the farlSh OF Orleans, State OF Louis
iana' and IN the presence OF the hereinafter
! named and understanding witnesses per,ou.
ally came and appeared the several prr,ons
whose names are hcreunto subscribed who
/ StVer4Hy declared that, ayailjng themselves
anu those they represent of the general laws
% the State u Louisiana, in such cases made
and provided they have formed and orga.
nIzed, and by these presents form themselves
/ as well as those they represent and such
others as may hereafter become associated
win them, into corporation and body poll.
tie IN law, for the objects and pu-Dnsrs j.,
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, nc. and it shall exist and enjoy
succession by its corporate name for a period
OF Ninety nine tYYD years from the d,ra
hereof, with all the rights. powers and priyi-
reyes now or hereafter conferred by law
upon trading corporations. Its domicilc
shall be IN the City of New Orleans. and ali
citations and legal services shall he made
upon the President, and in event Of his alb.
Ience or inability to act, upon the Vice
ARTICLE I.-Sec. The capital stock
OF TINS corporation is hereby fixed at the
sum OF Twenty Thousand Dollars (S2Q.mO co..
all OF which shall he divided into and rep.
resented by Two Hundred Shares (lm Of
the par value OF one Hundred DoIIaTs
lSlVo"O each. Stock may be paid for in
money, IN services rendered the corporation
or IN property and good will regularly trans
ieifeu 10 the corporation. all as shall be
determined by the Board Of Directors
Sec. ,. No stakeholder Of this corporation
snail sell or dispose of any OF his stock.
nor shal any treasury stock Of. the CORPORA
non be issued. without first offering it to
Inc other Stockholders Of record. through the
board OF Directors, at a price to be deter
mined by the value given the stock by the
DOCKS OF the corporation. at the last trial
balance theretrom; provided that in failure
70 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 he sold by the
holder without regard to this article In
event OF several stockholders of record OF.
ieTing to purchase such stock. same shall be
pro-rsted in proportion to the number Of
holders N
ARTICLE III-The objects and purposes
OF this corporation and for which i i or
ganlzed are declared TO be. the buying. sell
ing and handling at wholesale and retail
OF candies, corrections, syrups, extracts
mineral waters, carbonated drinks and other
TODD products; the erection maintenance
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 10 do any
ana an businesses incidental OF gernane 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 Board
OF three 90 Directors, majority Of whom
snail constitute quorum for the transaction
OF business. Absent Directors may vote al
any meeting Of the Directors, by proxy
through any other Director. for that partcu-
lar meeting. The first Board of Directors
shall consist OF and be Chas. T. Lippard, Roy
bartlett and f. ]. Cooper, with the said
Chas. I. Lippard as President Roy Bart
lett. as NiCe-President and Treasurer; and
+. J. Cooper as Secretary. who shall serve
as such until the second Monday in Tanu-
airy. 1922. or until their successors are duly
elected and qualified. Meetings of the
Stockholders 10Y 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
OF Directors, thru death or resignation
ARTICLE N.-The corporate powers of
TINS corporation are expressed and set forth |
by SECTION Seven % Of Act POI 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 !
fcerS 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 |
promissory notes, well as other formal |
written obligations OF the corporation must |
be signed by the President and the Treas
urer.
ARTICLE Vino stakeholder of this cor
pOration shall ever be liable for any debts
OF the corporation other than the unpaid |
portion of their subscription to stock, and
no informality herein shall subject or render
ARTICLE VII.-Amemument 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
may be increased. by amendment to this
charter, to any not exceeding One |
Hundred Thousand ($lOO,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 +. Burlington, Jr., and Pauline Gill
lespie, competent witnesses, and me, Notary,
after due reading of the whole; the sub
scrlbers setting opposite their names the
dHpult OF STOCK lney SUBSCRIBE Tor, making |
this original subscription list: Chas. T. |
Lippard New Orleans, La, 50 shares; Roy |
Bartlett, New Orleans, La, 50 shares; f. J. |
Cooper, New Orleans, La, ! share.
Witnesses: Prentice f. Burlington, Jr,
Pauline Gillespit.
WARREN V. MILLER.
Notary Public.
l. 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
1928. 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.