The herald., 1919-10-09
CHARTERS
CHARTER OF THE :. \. LEVY
co, INC.

:
year of our Lord on" Thousand N.m
! hundred and Nineteen G9l9J. before BOB,
! Watts *. Lcyrrirh Notary Public
duly commissioned and qualified in and
for the Parish of Orleans. stat" of Lo.i-i-
| ana. and in the presenc" of the witnesses
hereinafter named and undersigned per
| soualIv came and appeared the several
| persons whose names are Hcrcuu'O sVl-
! scrihrd. who severally declared thst ataIl
! ing them selves of tn" provisions Of tho
! laws of this Stat" relating to the or-Jui-
| zation of corporations. they hay" CON
! tracted and agreed, ?ud do 10y these
! presents contract and agree and bind
! and ohlgr themselves. - well as such
| other persons as may become a>~orI"'"d
| with them. to form themselves int" and
! 10 institute a corporate body UulitI, in
! law. with the objects and purposes and
under the conditions and Stipulations OF
the following articles, to-Wit:
ARTICLE 1.-The name of this corpora
ton Shall bc IS. y. Levy Co, Inc and
under its corporate nawe il shall enjoy
succession for the period Of ninet ~ min"
years from date hereof, unless sooner
dissolved by liquidation or otherwise. and
shall have the power and authority to
contract to sue and Zee sued. to make
mortgages, hYpOthecations and pledges;
to make and use corporate al and TO
alter and break same at pleasure; 10 hold
receive. lease, purchase sell. transfer,
70
or otherwise receive, use or dispose Of
property. real personal or mixed. cor
poreal and Incorporate; to issue bonds
and TO secure same by mortgage or
pledge: to buy and hold or dispose of
stock in other companies: to create and
accept mortgages. pledges or other hy-
pothecatonS; to elect and appoint such
managers, directors or officers as il may
require: to make and establish, alter and
amend rules. bylaws end regulations for
its proper government. and generally, TO
do all such acts and things as corpora
tons 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 tn" City of New or
leans. Parish of Orleans and STATE 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 President of the corporation.
ARTICLE uI-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
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
it may be useful or profitable to handle
and to buy. sell and deal i'll the same as
exporters, importers, agents and jObbers.
ARTICLE Iv.-The capital stock of
this corporation is hereby fixed at the
sum of one Hundred ard Twenty Thou |
sand 120,0W.OOJ Dollars divided into
and represented by Twelve Hundred |
G2OO shares of the par value of one
I'M TpFI cha
This capital shall be neither increased |
nor decreased, nor shall the character |
and voting rights of the stock be altered, |
except by unanimous consent of all the |
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
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
al agreement. dated August 9TH, 1919. be-
tween the incOrpOratOrS of this corpora
lion, a copy of which is deposited in the
office of the Notary Public before whom
his Act of Incorporation is passed, by
Act of deposit bearing even date herewith,
% which agreement reference is hereby
specially made; and all stock shall be
ltlu Ill accordance Win ana subject TO |
The provisions thereof Notice of the pro
'isionS of this article shall he printed
lpOn the face of each certificate issued
by the corporation, and all transfers,
pledges, hypothecatiOns or other encum-
Frances of said stock shall be subject
o the provisions thereof.
ARTICLE V.-All the corporate powers
# this corporation shall be vested in and
Exercised by a Board of Directors com
'osed of four directors, three of whom
hall constitute quorum for the tran
action of business. The said Board shall
re elected annually at a stockholders
Meeting, on the first Monday of October
f each year after the date hereof, the
irst election to be held in 1920. For all
meetings, notice shall be given to stock
folders by mail addressed to each stock
older at least fifteen days before the date
meeting. Each holder of stock shall
q entitled to one vote for each share of
took standing in his name on the books I
the company, safd vote to be cast in t
erson or by proxy, and a majority of
uch votes shall be in accordance with 5
he provisions of the agreement between {
he incorporators hereof, dated August {
tn, 1919, copy of which is deposited with 7
ne Notary passing this Act of IncOrpora- g
on under even date herewith. Failure to {
lect directors on the day above specified e
hall not dissolve the corporation, but t
he directors then in office shall remain T
olllIt until their SutCtSSOTS are erected /
nd qualified. The Board of Directors I
hall elect from their number, in accOr- I
ance with the agreement aforesaid, A h
resident, vice-PreSident, Secretary and /
reasurer. The offices of President and o
treasurer may be held by the same per- Il
IN, and the offices of Vice President and q
acretary may be held by the same per- .
IN. The first Board of Directors shall \
? composed of; S. Alfred Levy, T. o. b
ddreSS 3Sll st. Charles Ave, New Orleans. p
a., Clarence III. Fox, 3S11 st. Charles S
We, New Orleans, La, Ridgely Noise A
O9 Octavia st, New Orleans, La II. l.. V
loch, 103 Front St, New York t;
. Y, of the foregoing S. Alfred $
evy shall be President and Treas ri
rer and Clarence H. Fox shall a
: Nice-President and Secretary. The Ii
lmber of directors shall not be increased b
decreased except by unanimous con-
mt of all stockholders. Any director
Ial be removable, with or without D
use, at any time, upon the vote of not 9
SIS than two-thirds of the outstanding -
pital stock of the company, at a special ~
eetlng called for tSuch purpose. Any a.
cancles occurring on the Board of Direct al
S shall be filled at a special meeting of u
e stockholders called for that purpose
,eclal meetings of stockholders may be n,
He'd by the Board of Directors at any r.
ne, and must be called upon the written "
quest of one or more stockholders own q,
e forty-twO and half (42-1-2 J per in
mt OF the outstanding capital stock, or 81
~, me BOARD OF directors shall have or
thority to make and establish, as well m
a nTan all /