The herald., 1919-03-13
CHARTER
CHARTER OF THE LEHDE-ING TEA
STORE OF THE SOUTH, INC.

United States of America, State of Louis
lana. Parish of Orleans. City of New Or
leans. Se it known. That this eighth
day of the month of March, in the year one
thousand, nine hundred and nineteen, Q9l9),
Before me, Bernard Titche, Notary Pub
lie duly commissioned and qualified in and
for the Parish of Orleans and in the pres
hence of the witnesses hereinafter named per-
sonally came and appeared the several persons
hereinafter named and undersigned, all Of
the full age OF majority, who severally de-
clared that, availing themselves of the laws
of the State of Louisiana and particularly of
the provisions OF the Act No. 267 of the
General Assembly of 1914, relative to the
formation of corporations, they have cove
nanted and agreed, and by these presents do
covenant and agree for themselves. their
into corporation and body polite for the
objects and purposes and under the stipu-
lations following:
ARTICLE 1.-The name and title of this
corporation shall be Lehde-ing Tea Store
of the South Inc.
ARTICLE II.-The purposes and objects
for which this corporation is organized and
| the nature of the business to be carried on
by it are declared to be as follows: To
conduct and carry on the business of manu-
featuring buying, selling, and dealing at
wholesale and retail in coffee, tea, choco-
late, spices, china and glassware. hardware
| household goods and merchandise generally.
| and roasting and grinding of coffee and
| blending teas and coffees.
| ARTICLE III.-The capital stock of this
corporation shall be Five Thousand Dollars
| (S5,OOOO), divided into one hundred COo)
shares OF Fifty Dollars EACH to be paid for
| in cash, or in property, its equivalent, and
| If not in cash, then the Board of Directors
OF the Company shall determine the value
| OF such equivalent offered. The Corpora
ton by a vote OF the majority of the entire
| Board of Directors may authorize an in
crease OF the capital stock up to a total of
| Twenty thousand dollars (S20,0O0OO). This
company shall be going concern and shall
have the right to carry on business as soon
| as three thousand dollars (S110OO of its
| capital stock shall have been subscribed for
| All sales and other transfers of any of the
| stock of this Corporation shall be void un-
less said stock shall have been previously
offered to the then existing stockholders
| through the Board of Directors at a stipu-
lated price, and if the Board. for said stock
| holders, does not see fit TO purchase said
stock, then it shall not be sold at a less
price, or upon more favorable terms, without
price and upon said terms In case of sale or
| transfer of stock, or the issue of increased
capital stock, the then holders of stock of the
Company shall have the right to- purchase
SAID stock in the ratio OF their holdings of
| stock of the Company. This provision shall
| be written, printed stamped on each GER
| tifcate of stock.
| ARTICLE 1V.-The domicile of the Cor
poration shall be the City of New Orleans
State of Louisiana, where all citation or
other legal process shall be served on the
| President or. in his absence on the Secre
| tarq-Treasurer.
| ARTICLE V-This corporation shall have
and ENJOY succession and duration for the
| period of ninety-nine (99) years from the
date hereof.
| ARTICLE W.-All the corporate powers
OF this Corporation shall be vested in and
exercised by Board of Directors which
shall be composed of not less than three
| 10 directors, nor more than five 81, of
whom the majority shall constitute a quo.
rum tor the transaction of business The
following named persons shall constitute the
first Board of Directors, to-wit: Ewing
Harper. Queen & Crescent Building. New
Orleans; Guillermo Revlla, Queen & Cres-
cent Building. New Orleans: Pendleton
Lehde. 7o4 Whitney Central Bank Building.
they shall hold office until the second
successors are elected and qualified There.
after the Board of Directors shall be con-.
posed of stockholders who shall be elected
| annually by the stockholders at a meeting
on the second Monday in January, 1920. and
| annually thereafter, the second Monday
OF each year. If the second Monday in
January be legal holiday. the meeting shall
be held on the next business day. At all
meetings Of the stockholders the voting shall
be by ballot
ARTICLE VLI-The officers of this Cor
poration shall be a President and Vice
1 President, Secretary-Treasurer. each of
whom must be stakeholder. The officers
| shall be chosen by the Board of Directors.
ANY two offices may be filled by one per-
| son. -
| ARTICLE VIII--No notes or other n.eo.
TABLE instruments and no orders for the
| payment of money, and no contracts shall
De valid unless the same shall be au-
thorized by the signatures of two officers
OF the company.
| ARTICLE IX-No stakeholder shall ever
De Reld liable or responsible for the con-
+ nzE or faults of this Cooperation IN any
kfufher sum than any unpaid balance due on
| tne shares OF stock owned by him; nor shall
any informality il organization have the