The herald. [volume] (New Orleans, La.) 1905-1953, 1919-05-01


Notary Public.
Apr Il to May p.
ACT OF INCORPORATION OF THE COLA
COMPANY OF NEW ORLEANS, INC.
State Ot Louisiana, PARISH OF Orleans,
City OF New orleans. BE It known, that on
ms, the 18th day Of the month OF April, III
the year OF our Lord one thousand, nine nun
bred and nineteen, and OF the independence
OF the ulted States OF America the one
hundred and iOrty-ihlrd, before me, Charles
T.. FIetChlnger, Notary Public, duly com
mlssIoned and qualified IN and tor the City,
Parish and STATE aforesaid, therein residing,
and the presence ot the witnesses herein
alter named and undeTsI gned, personally
came and appeared the several persons whose
names are AereuntJ subscribed, who declared
that, ayaillug themselves OF the provisions
Ot the laws OF this State relative 10 the
formation and organization OF corporations,
they have COvcndnted and agreed, and do,
by these presents, covenant, agree and bind
themselves, well those who may here
alter become associated with them, 10 form
themselves into corporation Tor the OBJ
JectS and purposes with the names and IN
der the StIpulatlons following tO-wIt:
ARTICLE 1.-The name and style Of Thu
corporation shall be The Cola Company OF
New Orleans Inc. and by said corporate
name It shall have and enjoy succession and
existence for i period of nlnety-nIne years,
the rights, privileges and mmunities which
are now or may hereafter be granted by
law TO corporations OF the same kind and
character, and under said corporate name II
shall have the power and authority 10 con
tract, and be sued, to make and use a
corporate seal, the same to break alter at
pleasure, and 10 make all necessary rules
and regulations for its corporate manage
ment and control.
ARTICLE 1.-THE domicile of this cor
poratUn shall be in the City OF New Or
leans, Parish Of Orleans, State OF louisiana,
he served upon the Secretary, in case OF
his absence of inability to act, upon any
other officer Of the corporation.
ARTICLE III-The objects and purposes
for which tins corporation IS organized and
the nature OF the business to be carried on
by it are hereby declared 10 be: to manu-
iacture syrups and soft drinks OF all kinds
and descriptions and to sell the same in all
parts OF the United States and foreign CJun-
tries; to buy, sell and lease patents cover
ing, IN any way, machinery or processes re-
latlug to the manufacture and production OF
soft drinks; TO license 10 individuals or cor
p0ratiOns for their any all patent pro-
CesSeS or machinery that may be owned by
the said corporation; 10 purchase and own
real estate necessary for lis business in any
part OF the United States or in foreign coun-
tres; to manufacture, sell and deal in any
and all the articles or appliances used which
may be deemed advisable in connection with
the manufacture Of soft drinks; to manufac-
ture, buy, sell or deal in casks, glass bot
ties. glassware. metal ware wooden ware
and other articles OF a similar nature; TO
operate bOttling works; to subscribe, pur-
chase and otherwise acquire and hold shares
OF stock in other corporations; and. generally,
to carry on any business properly connected
with or incidental TO any or all Of said
ARTICLE IV.-The capital stock OF this
pOratiou is hereby fixed al the sum of
Seventy-Five Thousand (T5,ooO Dollars. di-
vlded into seven hundred and fifty (75O)
shares Of the par value Of One hundred dol
lars each, all Of which shall be common
stock, and the amount TO which the capital
stock may be increased Is hereby fixed Al
the sum Of One Hundred and Fifty C$l5O-
300 Dollars; said stock shall be issued only
Tor cash or in payment OF property or ser
vices actually received by or rendered 70
said corporaton: said stock shall be fully
paid at the time OF its issuance and there.
after be worcestershire. This corporation
shall commence business and become a 90
ing concern as soon as fifty per cent Of its
'apItal stock shall have been subscribed and
paid for. The parties 70 this Act hereby
declare that they subscribed for the number
n shares OF the capital stock OF said cor
'oration set opposite their respective sigma
lures hereto. so that this Act Of Incorporation
'h3!! serve as the original subscription.
:
to the extent Of five hundred shares Of the
capital stock. in payment of said subscrip-
tIon, does hereby convey, transfer. assign
set over and deliver 70 This corporation. all
u ms right title and interest in and TO that
certain secret formula for flavOring and ex
tract for Cola drink. and for the finished
syrup. known as the "Chapo,an Forr7,,'a
and l.. T. Mcdonnell and Charles G Tari.
son. the remaining directors OF said cn-nora
ton, together with the said William Chap
loo
the law. and particularly. Act 267 of 1914.
81 the Leg Stature Of the State of Louisiana.
do hereby value and appraise the right title
and interest Of said William Chapman in
M 10 SAID secret formula. at the sum OF
Fifty Thousand Dollars
No present or future stockholde- NJ This
corporation shall ever sell. assign, or trans
Ter, 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 NAV desire 10 mr..
chase the same. through the Board Of Dire.
tors, tor a period OF ten days, at the book
VaIue OF such stock shown bv the books
Of the corporation, the Slst dav of De-
cember. preceding the date Of such offer
II snail be the duty of the Board of Direc-
tors, promptly, upon receiving an offer of
sale OF any OF the capital stock of this cor
poratlon, to communicate the same to the
stockholders, in writing. through the Secre
AIRY OF the Company, and each of the said
stockholders shall be entitled to purchase
Such proportion OF the stock so offered for
sale as the number of shares owned bv him
bears to the number of shares owned bv all
other stockholders desiring to participate in
the purchase. No sale under foreclosure
pledge or ahypothecation shall be yalidly
made until the foregoing requirements have
been complied with by the person, or per.
sons firm or corporation provoking such
foreclosure or sale. The Board of Directors
shall have authority, however, to waive the
ioGve requirements as to any particular by
oothecat1on or pledge of stock. by resolu-
non adopted at a regular called meeting of
ne Board. or meeting attended by all the
members of the Board of Directors such
-esolution being adopted in advance of the
pledge or hypothecation.
ARTICLE Vail the powers of this cor
'oratlon shall be vested in and be exer-
used by a Board OF not less than three nor
more than five directors, as determined in
he annual meeting. Each director shall be
| bona flde stakeholder, and shall at all
lines own one full paid, non-pledged share
If stock. The first board of directors shall
consist OF: William Chapman, New Or
cans, La; L. T. Mcdonnell, New Orleans.
"a; Charles G. Jamison, New Orleans, La.
The first officers Of the corporation, with
heir post-office addresses are as follows:
William Chapman, who shall be president
md general Manager, 7629 Sycamore St, New
orleans, La; L. T. Mcdonnell, who shall be
Treasurer, 1923 St. Charles Ave, New Or
cans, La; Charles G. Jamison who shall
'e Secretary. 1920 Sycamore St. New Or
cans, La. The above board of directors
hall hold office until the first annual meet
ng in February, 1920, or until their success
ors are elected and qualified. Each sue
no-l t,aIt I'LL