The herald. [volume] (New Orleans, La.) 1905-1953, 1919-10-16
CHARTERS
CHARTER OF THE ;. 4. LEVY
co, INC.

United States OF America Stat" O
| Louisiana. Parish of Orleans city %
New Orleans. BE it known, that Oh thi
| 10Th day of the month Of August in The
| year of our Lord one Thousand Mn,
hundred and Nineteen G9I9j. before Do,
Watts X. Leyerich Notary Public
| dulv commissioned and qualified in Hu,
| for the Parish of Orleans. State of Lpui-i
ana and in the prc~cnC" Of the Nliu'S-r,
hereinafter named and undersigned. per
Sonally came and appeared the S"Nrrl
perSouS whose names are hcruuio sub
Scribed. who seyerally declared that avail
ing themselves of the provisions OF 'N
laws of this State relating 10 th" or-.fi
zation of corporations, they have ,"n
tracted and agreed. and do 10y 'hn~,
presents contract and a-r"" and bin,
and ohIi..c themselves. - well as sue.
other person, As may b"roW" H~-o'Iitra
with Them to form themselves into AND
to institute a corporate body polite in
law. with the objects and purposes am,
under ihc conditions and stipulHtguS OF
the following articles, to-wit.
ARTICLE 1.-The name of this corpora
ton shall bee IS. y. Levy Co, Inc and
under its corporate nam" IL shall cuyo.
succession for the period of Uiu"ty-UlN,
years from date hereof, unless >ooufj
dissolved by liquidation or otherwise, and
Shall have tn" power and authority %
contract to sue and lee sued, to MAX,
mortgages. hypothecaticnS and pledges
to make aud use corporate sal and o.
alter and break same ut pleasure; to hold
receive, lease, purchase, sell, transfer,
assign. mortgage, hypOthcCatc. pl"d-"
or otherwise receive, use or dispose OF
property. real personal or mixed. cor
porcal and incorporral; to issue bonds
and to secure same 10y mortgage OF
pledge: to buy and hold or dispose OF
stock in other companies; to create and
accept mortgages, pledges or other ny
pothccationS; to elect and appoint such
managers, directors or Officers as 1t may
require; to make aud establish, alter and
amend rules, bylaws 2nd regulations for
its proper government: and generally, Ia
do all such acts and things as corpora
tionS organized for general trading pur-
poses under the laws of Louisiana are
by law authorized to do.
ARTICLE 1.-THE domicile of this cor
poration shall be in the City of New Or
leans Parish of Orleans and Stat" OF
Louisiana. and citations and other legal
process shall be served upon the PrcSi-
dent of the corporation, or, in the event
of his absence, shall be served upon the
Vice-PreSdent of the corporation.
ARTICLE III.-The objects and pur-
poses for which this corporation is Great
ed and organized and the nature of the
business to be carried on by it are de
clared to be as follows; To engage in
the business of exporting, importing,
buying and selling coffee, and to act
generally as dealers in coffee and to
engage in all activities incidental to such
business; also to engage generally III
exporting to and importing from foreign
countries such articles of commerce as
il may be useful or profitable to handle
and to buy, sell and deal in the same as
exporters, importers, agents and Jobbcrs.
ARTICLE IV.-The capital stock of
this corporation is hereby fixed at the
sum of one Hundred and Twenty Thou
sand G20,0O0OW Dollars divided into
and represented by Twelve Hundred
02OW shares of the par value of One
Hundred ($10000) Dollars per share.
This capital shall be neither increased
nor decreased, nor shall the character
and voting rights of the stock be altered,
stockholders. The stock of the corpora
ton may be transferred only on the
books of the corporation and only upon
compliance with such rules and regu-
lations as may be made from time to
time by the Board of Directors, not in
consistent with the provisions of this
charter. No stakeholder shall have a
right to transfer, cucumber or convey any
of his stock in the corporation except in
accordance with the provisions of spec
ial agreement dated August 9th, 1919, be-
tween the incorporatOrs of this corpora
ton a copy of which is deposited in the
office of the Notary Public before whom
this Act of incorporation is passed, by
Act of deposit bearing eveh date herewith,
to which agreement reference is hereby
specially made; and all stock shall be
field in accordance with and subject to
the provisions thereof Notice of the pro-
visions of this article shall he printed
upon the face of each certificate issued
by the corporation, and all transfers,
pledges, hypOthecatiOns or other encum-
branceS of said stock shall be subject
to the provisions thereof
ARTICLE V.-All the corporate powers
of this corporation shall be vested i'll and
exercised by Il Board of Directors COM
posed of four directors, three of whom
shall constitute quorum for the tran
saction of business. The said Board shall
be elected annually at stockholders
meeting, on the first Monday of October
of each year after the date hereof, the
first election to be held in 1929. For all
notice shall be given to stock
holders by mail addressed TO each stock
holder at least fifteen days before the date
of meeting. Each holder of stock shall
be entitled to one vote for each share of
stock standing in his name on the books
of the company, said vote to be cast in
person or by proxy, and a majority of
the votes cast shall elect, provided, that
such votes shall be in accordance with
the provisions of the agreement between
the incorporatorS hereof, dated August
9Th, 1919, a copy of which is deposited with
the Notary passing this Act of IncOrpora-
ton under even date herewith. Failure to
elect directors on the day above specified
shall not dissolve the corporation, but
the directors then in office shall remain
in office until their successors are elected
and qualified. The Board of Directors
shall elect from their number, in accOr-
dance with the agreement aforesaid, A
President, vice-President, Secretary and
Treasurer. The offices of President and
son, and the offices of Vice President and
Secretary may be held by the same per-
son. The first Board of Directors shall
be composed Of S. Alfred Levy, p. o.
address 3S11 st. Charles Ave, New Orleans
La. Clarence III. Fox, 3S11 st. Charles
Ave, New Orleans, La, Ridgely Noise
1909 Octavia st, New Orleans, La, ii. l..
Bloch 103 Front ST., New York,
y. Y, of the foregoing, S. Alfred
Levy shall be President and Treas
lrer and Clarence ii. Fox shall
De Vice President and Secretary. The
number of directors shall not be increase
'r decreased except by unanimous con-
sent of all stockholders. Any director
shall be removable, with or without
'ause, at any time, upon the vote of not
less than twO-thirdS of the outstanding
,apital stock of the company, at a special
meeting called for such purpose. Any
occurring on the Board of Direct
'rs shall be filled at a special meeting of
he stockholders called for that purpose.
allied by the Board of Directors at any
ime and must be called upon the written
equest of one or more stockholders own
nO fOrtV-twO and Onp-haIf \