The herald., 1919-05-08
ACT OF INCORPORATION OF THE COLA
COMPANY OF NEW ORLEANS, INC.

the year OF our Lord one thousand, nIue nun
dred and nineteen, and OF the independence
u the United States OF America the one
hundred ana ioTly-tAFd, before me, CAaIIte
+. tletch'nger, a Notary iuOllc' duIy com
mI9sioHed ana 4n@Illet IN ana lor the S"S'
farsh and state Aforesaid iAeFe'n FtaIu'"s'
and III inc presence u me WITNESSES "e'et"-
1ite. 'Iai''Sa -1 'e -
- rt-,,r,+, -.,li 49, 1871
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- 'hr Laws n ms Sic relative to the
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An I'LL l. az 'ta.'0 "'t4 S'S'U Va ''s
S1tPoi ItiCH SNdIl DC i-tc 'o'd N'"PA"! "a
Ne" orleans 4"I' ana ny S"'d |o-IoI &c
name II SHd4 nave ana enjoy suICess'o" ana
existence IoI 4 Pe'to" u ninety my E1"' ,,
unless sooner uiS9oI'Su' anu 9"dIl nave az
me Flshts' PIl'4esTS anu Iil,"u'''lIeS WY.
are no" OF may "e' E"IteI De s'HH'Iu ~
Ia" 10 So'POiA'iOItS u tlS SAINT MINI anu
character ana under sdlu corporate name Il
shaiI nave tlG power ana aA'tlo'ly 10 to"
tract sue anu DC e"Su' - "'"Nc ""u use =
corporate SEAL INC SAINT % oie@N % &c d
pleasure and 10 Make all necessary fu'eS
meh' ana Vo"IIOI'
ARTICLE 1.-THE domicile Of this coz
poratIOn shall be IN the City OF New Or
leans, Parish Of Orleans, State OF LouI Siana,
and citation and other legal processes shall
be served upon the Secretary, or IN case OF
his absence OF inability to act, upon any
other officer OF the corporation.
ARTICLE II,-The objects and purposes
far winch rhi, corporation is organized and
,La ,,,r,~. NJ The business "a Inc carried on
,,.,,,rs svr,1rs and soft drinks of all kinds
,,lI 5.srr;ust,,,,s and IN sell the same in all
narts al the I-nitrd States ana foreign coun-
-. g. LI,, eli and Iease n,fenfs cover
mo j., anv wav machinery or processes re-
iaf,ra "a tba ~Iarnfacture and production of
-. 1-;,l.s. "a i;rs,ss IN indiv,drals or cor.
nor,.ions for their use anv or ali patent pro
resS,s mr. rnarbinerv thar NAV he owned bv
the said corporation; to purchase and own
ra,l a.tate ,eressarv for is business in any
mart of the I|nited States or in foreign coun-
tries. IN nanufacture. sell and deal in any
and ali the articles or appliances used which
80 he dearned advis,bIe in connection with
The n1anufactnre OF soft drinks. 10 n1anufac-
%, LII ~ al ~ - ciaSs bot
lies glassware metal ware wooden ware
ND Che a-,irIes ~ = similar nature. 10
"ner,te ho,tI;ng ,orls. n etbsrrihe mr.
r. ID ,,,bn,s ar,;re IA baid sbaares
IS -. :, ~ ,n-,nra,;r,,s. - ra,,ar,Ii,,
" csrrv ~, any bmincss n-6na-Ir So~nertei
,;.t ~ ;,-;Ja,,aI ., ~. - 81 % -
nrocasses
ARTTCIF Iy-Tbo c,,;t,1 stool ~ -b;s
poration IS hereby fixed At the sum Of
Sayar+y-F;,-a TboTs,,d CS-5 nnO, D,rIa-s A;
yi5ed INTO seven hund-ed srd f;f.,1 I7Sn,
sbaras of ,ha na- vaI,a ~ o. b,,,Jr.d Al
lars each all of which shall he comro,
stock and the amomrt r. Which tLa Can;tai
stock NAV be increased is hereby fixed A.
the sum of One Hundred and FIFTY (SI5O
COO Dollars: said stock shall be issued only
for cash or in paynent OF nroDertv or ser
vices actually received nv or rendered .,
said corporation; said stock shall be fully
paid at the time Of its issuance and there
after be worcestershire This cornoration
shall commence business and become 90
ing concern as soon as fifty per cent of its
capital stock shall have been subscribed and
paid for The parties to this Act hereby
declare that they subscribed for the number
of shares of the capital stock of said cor
poration set opposite their respective sigma
lures hereto so that this Act al Incornoratio,
shall serve as the original substitution
William Chairman one Of said srhscr;bers
to the extent of five hundred shares of the
capital stock. in PAYMENT of said subsrr:n-
tion. does hereby convey. +rarsfc- ASSIGN
set over and deliver TO This corno-a,iop ali
| of his right, title and interest in and to that
certain secret formula for flavoring and ex.
tract for Cola drink and for the f;n;sbeJ
syrup. known as the Chairman Formula. -
and /. t. Mcdonnell and Charles C. Tami-
son, the remaining directors of said co-nora-
| ton. together with the said William Chan.
man, in accordance with the requirements oi
| the law. and particularly Act PSI of 1914
lot the Legislature of the State of Louisiana
| do hereby value and apnraise the right title
and interest OF said William CHAPMAN IN
| I'D to said secret formula, at the sum OF
| Fifty Thousand Dollars
No present or future stakeholder of thi.
| corporation shall ever sell, assign, or trans
| fer. other than by inheritance, any of the
capital stock of this corporation until the
| same shall have been first offered TO the
| remaining stockholders for the benefit Of
| those stockholders, who may desire to pur
chase the same, through the Board of Direc
tors, for a period Of ten days, at the boob
value of such stock as shown by the book.
OF the corporation, on the 31st day of De
cember, preceding the date of such offer
1t shall be the duty of the Board of Direc
tors promptly, upon receiving an offer o.
sale OF any OF the capital stock of this cor
Stockholders, in writing, through the Secre
tary. OF the Company. and each of the sale
stockholders shall be entitled to purchase
such proportion OF the stock so offered FOL
| SAFE as the number OF shares owned by hin
bears to the number OF shares owned by al
other stockholders desiring to participate II
the purchase. No sale under foreclosure
pledge or hypothecation shall be validity
| nade until the foregoing requirements have
peen complied with by the person. per
sons tirm or corporation provoking sucl
snail have authority, however, to waive the
above requirements as to any particular ny
pothecation or pledge OF stock. by resou
tion adopted at regular called meeting o.
the Board, or a meeting attended by all the
members OF the Board of Directors, sucf