The herald. [volume] (New Orleans, La.) 1905-1953, 1919-04-10
CHARTER OF NEW ORLEANS CANDY
COMPANY INC

State of Louisiana, Parish Of Orleans, City
Of New Orleans. Be it known, that on this
5th day of April, in the year Of our Lord.
Nineteen Hundred and Nineteen. before me.
qualified and acting Notary Public, in and
for the Parish Of Orleans, State of Louis
lana, and in the presence OF the hereinafter
named and undersguing witnesses, person
ally came and appeared the several persons
whose names are hereunto subscribed who
severally declared that, availing 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.
nized, and by these presents form themselves,
we'll as those they represent and such
others as 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 shat, exist and enjoy
succession by its corporate name for a period
hereof, with all the rights, powers and privi-
leges now or hereafter conferred by law
upon trading corporations. Its domicie
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 I-Sec NThe capital stock
of this corporation is hereby fixed at the
sum OF Twenty Thousand Dollars (S20OOOOOJ
all OF which shall be divided into and rep
resented by Two Hundred Shares GOO of
the par value of One Hundred Dollars
(SlO0oO) each. Stock may be paid for in
money, in services rendered the corporation,
or in property and good will regularly trans
ferred 10 the corporation. all as shall be
determined by the Board Of Directors.
Sec. 3 No stakeholder of this corporation
shall 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 a 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
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
feriug to purchase such stock. same shall be
pro-rated in proportion to the number Of
shares then owned by the purchasing stock
holders
ARTICLE IIT.-The objects and purposes
Of this corporation and for which it is or
ganized 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 to do any
and all businesses incidental or 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
tins corporation shall be vested in a Board
OF three 90 Directors, a majority Of whom
shall constitute quorum for the transaction
Of business. Absent Directors may vote a,