The herald., 1919-04-17
CHARTER.


turing and distributing syrups and soft
drinks and supplies Of like kind and char
acter; and further. of dealing generally IN
all kinds II merchandise handled by druggists
and by dispensers OF SOFT drinks; the buy
ing and selling OF various formulas used IN
the manufacture and compromising OF drugs,
medicines. and of syrups used IN the manu-
facturc OF soft drinks.
ARTICLE IN.-Ihe amount Of capital stock
is hereby fixed az the sum Of one million
($I.uooOUO0j Dollars, divided into ten thou
sand IpGtW shares, OF the par value OF one
hundred $1,000 Dollars each. with the
privilege Of increasing same to TWO million
five hundred thousand (S2.5J00D0.p) Dollars,
in the manner provided by law. said stock
IS to be both preferred and common. There
shall be five hundred thousand U.s. o,pp9UO
Dollars Of preferred and five hundred thou
sand tS5pOgOO Dollars Of common. The
preferred stock shall he entitled % vote in
all stockholders meetings and Is preferred
IS to both dividend and asset and a cuuu
lative rate Of ten per cent, shall be paid
thereon. Net earnings OF the company IN
excess 81 the guaranteed dividend on pre-
ferred stock shall be distributed between
preferred and common stock. The common
stock shall contain voting rights but shall
not participate in the net earnings Of the
company until all preferred stock dividends
shall have been paid.
ARTICLE N.-The management Of the
business Of this corporation shall be vested
| IN and exercised by board Of not less than
three nor more than five Directors. The
number elected at first annual meeting shall
constitute the number for the year, all Of
whom shall be stockholders, t. be elected
At the annual meeting Of stockholders. held
on the second Wednesday in February of
each year. beginning with the year 1920
| Said election shall be held upon ten days
| notice duly mailed TO each stakeholder at
his last known place Of residence. The
| election OF directors shall be by ballot, and
| each stakeholder will be entitled TO vote
L 4. : Il. - Il l. I
and a majority of all votes cast shall be
| necessary to election. Any vacancy Oc-
| curing in the board shall be filled by the
| remaining members thereof. Immediately
| following the adjournment OF the first an
| uual election, said board shall hold a meet
| ing and organize by electing a president, a
| secretary and treasurer. and may elect one
| or more vice-p presidents; and all such Of
| ficers shall hold for one year, and until
| their successors are elected.
| ARTICLE NI-The board Of directors to
! manage the business Of this corporation Tor
| the first year are as follows: H. 7. Everett
| whose post office address IS Americas. Geor
| gia; W b. Stewart, whose post office ad-
| dress IS New Orleans, La. and r A.
Clark. whose post office address IS Mgultry,
Georgia. They shall hold office until the
| second Wednesday Of February, 1920, I'M
til their successors are elected.
| ARTICLE NII.-These articles may be
modified amended, this corporation may
be dissolved when vote of three-fourth Of
the capital stock represented at general
meeting held for that purpose, after thirty
| days previous notice shall have been given
| in two or more newspapers published in the
City OF New Orleans and the City OF Shreve-
port said State, shall 50 direct.
| ARTICLE NIII.-On the dissolution OF this
corporation by any method known to law,
its affairs shall be liquidated by three COM
missICners. elected by the stockholders at
H. meeting called for that purpose after thirty
days previous notice shall have been given
by advertising in two or more newspapers,
published both in the City of New Orleans
and the City Of Shreveport, said State; a
majority amount OF the capital stock of the
corporation shall be required TO elect. each
share being entitled to one vote in person
or proxy. Said commissioners shall remain
| IN office until the affairs of said corporation
shall have been fully liquidated and in
case OF death OF or more OF said COM
TiSS!oners, the vacancy shall be filled by
| the votes of the surviving commissioners.
| ARTICLE 1N.-NO stockholder shall ever
be held liable for the contract, fault or de-
fault, of this corporation in any manner, or
| IN any further than the unpaid balance
| due on the shares of stock owned by him;
any mere intormalities in its organization
| shall not render this charter void, nor shall
it expose any stakeholder to any liability
| beyond the amount due on this stock
| ARTICLE A.-This corporation shall have
power and authority to enjoy succession
by its corporate name for the period OF
| IL
| business operations as as five thousand
| 5000 shares OF the capital stock shall have
| been subscribed for, and fifty per cent. of
| that subscribed for shall have been paid in
| ARTICLE Nl.-The bears of directors shall
have power to establish stock transfer agen.
cies in the City of New York. New York.
and in the City of San Francisco, California.
under such reasonable regulations as may
be prescribed.
Thus done and passed in the City of New
Orleans, said State, in the presence of George
II. Ierriberry, and Frazier L. Rice, witnesses
OF lawful age, residing in New Orleans,
LOUISIANA, who hereunto sign their names
together with those of the incorporators and
my own name, as Notary on the date and
year first mentioned
Witnesses: Geo. H. Terriberry, Frazier
L. Rice
Original Signed (Names of subscribers
omitted)
W. W. YOUNG.
Notary Public
|, 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
Wlnnsco Company. Incorporated, was this
day duly recorded in my office, in Book l22S
Folio 49,
New Orleans, March 18th, 1919
: .(Signed) EMILE J. LEONARD, Dy. r.
A true copy.
W. w. YOUNG,
-, Notary Public.
March %; Apr. 3; May l.