The herald., 1919-08-14

United States OF America, state Oh 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
| dred and Nineteen; Before me, Frederic t
| Ouerens, a Notary Public, duly commission
| ed 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 GANG and appeared, Marion y. Coe, Jonn
| F. 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.
I and particularly Of the provisions OF Act
No. 267 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
a corporation, body polite 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
ton 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
Orleans, State of Louisiana, at which place
all mortgages OF stockholders and directors
shall be held, except as 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 II
) are hereby declared to be:
A To purchase, acquire. buy, own, and sell,
market and ship, manufactured leather goods,
t 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 or 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 sucf
branch offices and agencies throughout the
:, United States as its business may require
! from time TO time.
And to accomplish any all of the pur
. poses above enumerated this corporation
: shall have power to borrow and lend money
, to purchase, acquire, hold, own, lease, sci
i convey, mortgage, pledge, or otherwise en-
cumber property both real or personal, con
ven:ent and incidental, and to contract il
+ any manner necessary, for the proper accom-
;. plishment and conduct of the business here
# matter mentioned and contemplated;
). ARTICLE III.-The capital stock of thi
!, corporation is hereby fixed in the sum o
Thirty Thousand Dollars, (S30,0OO.0O, dvidet
g into and represented by Three Hundred 600
, shares of the par value of One Hundred Dol
lars, (Sl0O0O), EACH, all of which shall b
~ common stock and mona ssessabe, and shall b
:. paid for before issuance, in money, or it
~ equivalent, labor done or property, real, per
sonal or mixed, and actually received b.
W the corporation, and after due appraisal o
Il value by the Board of Directors of the cor
| and of the ROard.
! valuation shall be conclusive upon the cor
:. poration. The capital stock may, at an
ID time. by compliance with law. be increase
E to One Hundred and Fifty Thousand Do
! lars, (sl500OOOO).
- ARTICLE IV.-The powers of this corpora
\. ton are hereby declared to be:
- To invest its Board of Directors with al
7 corporate powers subject to such restrictio
- as shall be named in the charter; to hav
succession under its corporate name for
period of ninety nine years from and afte
the date of this act; to and be sued i
c its corporate in any court of compt
rs tent jurisdiction; to make and a con
70 mon seal and to alter the at its plea!
he ure; to acquire property by grant, gift, puI
&c chase and devise bequest; to lease, hol
Il, and dispose of, and to mortgage and pledg
the same, all subject to such limitations
may be prescribed by law; to appoint sue
officers and agents the business of III
corporation may require, and to fix the
% compensation. having due regard to the n;
he to make bylaws not inconsistent with an
w. existing law, fixing or altering the manag
I'd ment OF the property, the regulation an
government of its affairs and the manner
the certification and registration of its stool
to wind up and dissolve itself, or to be wour
up and dissolved in the manner prescribe
by law; TO conduct business in this Stat
other States, the Federal District Terrrtori
7 and foreign countries; to hold stock in 9TH
corporations. the capital stock of one corpor
ton may be issued for capital stock in 9th
corporations; provided however, that no co
is poration shall be permitted to vote mo
Dr. than ten per cent. of the capital stock
th any other corporation, and whenever a give
OF per cent. of the capital stock is required {
nd any purpose, such per cent. shall be ca
he culated on the total amount of outstandii
ed stock entitled to vote; and especially
1T, have all the powers and privileges direct
nd or by implication conferred upon corpor
rs. tons of this character by the laws of tn
nd state, as well as such powers and benefi
ter as are conferred upon corporations by 9th
ap- states, Federal District, Territories and DC
nd sessions of the United States and forei
d., countries, when doing business therein. a.
APP which are not inimicabe to the laws
he Louisiana.
TX ARTICLE V.-All of the corporate powe
etc and the management of the business of t
ck- corporation shall be vested and is here
po- vested, in a Board of Directors, which sh;
IA. consist of minimum number of three
rec and maximum number of seven (O stoc
of holders, each of whom shall hold in
led own right at least one share of unpledg
led stock of this corporation during his tenn
Id of office. With the exception of the Boa
the hereinafter specifically named, the Directc