The herald. [volume] (New Orleans, La.) 1905-1953, 1919-09-04
CHARTER OF COE-VoGT BETTING &
SUPPLY COMPANY, INC.

! CHARTER OF CUE-NOOI LllNO q
SUPPLY COMPANY, INC.
! United States OF America, State of 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
! wear OF our Lord, One Thousand Nine Hun
dred and Nineteen; Before me, Frederic c
| Ouereus a Notary Public duly commi ssion
ed and qualified in and for the Parish OF
Orleans, State Of Louisiana, therein resld-
| ing, and in the presence OF the witnesses
hereinafter named and undersigned; person
ally cane and appeared, Marion y. Coe, Jonn
+. Nogt, w. ]. Drawe, all OF full age and
| residents of the City of New Orleans, and
all OF whom declared that avaling themselves
. OF the provisions OF the Constitution and
Laws OF the State OF Louisiana relative 10
the formation and conduct OF corporations,
! and particularly OF the provisions OF Act
No. 261 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 or 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
tion herein formed:
ARTICLE 1.-The name and title OF the
corporation hereby formed is declared 10 be:
"Coe-Vogt Betting & Supply Company, ms"
ana Its QOulClle snail De IN the lily q -NS"
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
J FOX which this corporation is formed and the
nature OF the business to be carried on by it
are hereby declared to be:
To purchase. acquire, buy, own, and sell,
} market and ship, manufactured leather goods,
Z leather betting, and leather products OF varl-
Gus kinds; manufactured rubber goods, rub
Der betting, rubber hose. and rubber products
of various kinds, asbestos packing or ma
teral steam specialites, and in general. mill
= supplies of various descriptions; ship Chand-
lery and supplies and heavy hardware; and
e to dispose of the same in any quantities;
E To acquire, own, lease establish and main
y tain any real property situated either IN the
g., State OF Louisiana, for the purpose of its I'M
. mediate business, for any business in other
. States. and to create and establish such
, branch offices and agencies throughout the
=, United States as its business may require
. from time to time.
= And to accomplish any or all of the pur-
c poses above enumerated, this corporation
I shall have power to borrow and lend money;
) to purchase, acquire, hold, own, lease, sell
+ convey, mortgage, pledge, or otherwise en-
T. cumber property both real personal, con-
ven.ent and incidental. and to contract in
: any manner necessary, for the proper accom-
p, plishment and conduct of the business here
Il matter mentioned and contemplated;
J. ARTICLE III.-The capital stock of this
/ corporation is hereby fixed in the o.
5. Thirty Thousand Dollars, (S30OO000), divided
s into and represented by Three Hundred 600
/. shares of the par value of One Hundred Dol
:, lars. ($1O0OO, each, all of which shall bt
II common stock and worcestershire, and shall bt
=. paid for before issuance, in money, or it
" equivalent, labor done property, real, per
T,-aA h.
" the corporation, and after due appraisal o
d value by the Board of Directors of the cor
s poration and acceptance of the Board. sucl
}. valuation shall be conclusive upon the cor
L poration. The capital stock may, at an,
ID time, by compliance with law, be increased
e. to One Hundred and Fifty Thousand Dol
J. lars, (S150OOOOO).
ARTICLE IV.-The powers of this corpora
l. ton are hereby declared to be:
lie To invest its Board of Directors with al
J. corporate powers subject TO such restriction
lc as shall be named in the charter; to hav
succession under it's, corporate name for
period of ninety nine years from and afte
the date of this act; TO sue and be sued i
s its corporate name in any court of compe
Of tent jurisdiction; TO make and use a com
,e mon seal and to alter the same at its pleas
1e ure: to acquire property by grant, gift, pun
as chase and devise or bequest; to lease, hol
,k and dispose Of and to mortgage and pledg
the same, all subject to such limitations a
may be prescribed by law; to appoint sue
Officers ana agents as the business OF III
a corporation. may require, and to fix thei
OF compensation. having due regard to the na
I'd ture, character and value of their services
he to make bylaws not inconsistent with an
r. existing law, fixing altering the manage
I'd ment of the property, the regulation an
government of its affairs and the
the certification and registration of its stock
to wind up and dissolve itself, to be woun
up and dissolved in the manner prescribe
by law; to conduct business in this Stat
- other States, the Federal District, Terrftorit
T and foreign countries; TO hold stock in otht
= corporations, the capital stock Of one corpora
ton may be issued for capital stock in otht
corporations; provided however, that no CO
IS poration shall be permitted to vote moi
,r- than ten per cent. Of the capital stock
til 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 outstandr
ed stock entitled to vote; and especially
TT. have all the powers and privileges direct
nd or by implication conferred upon corpor
IS. tons of this character by the laws of til
nd state, we'll such powers and benefi
Ter as conferred upon corporations by 9TH
Ip- states, Federal District. Territories and po
nd sessions of the United States and foreiq
d., countries, when doing business therein ar
Up which are not inmcable to the laws
ne Louisiana.
k ARTICLE V.-A1l of the corporate powe
ITO and the management of the business of Il
k corporation shall be vested and is heret
DO vested, in Board of Directors, which sha
IA, consist of minimum number of three {
zee and maximum number of seven % stoc
of holders, each of whom shall hold in h
ed own right at least one share of unpledgt
ed stock of this corporation during his tenu
d. of office. With the exception of the Boa
he hereinafter specifically named the ~Directo
CHI ali ~ ~ 81 a. aat.o &c