The herald., 1919-12-25
CHARTER.
INTERPRETATIONS OF GULF
ACT or fGoFFEE COMPANY, INC.

hundred ana notary public. duly com
Bernaru IA uuaiifed in ana LOT tHe
mission'f OrIeans State OF LouINldiId' anu
Parish -asance of the witnesses NJ IN n
in the nod and undersiened' an VI Ia
after ne Of majority peFsohallE 'ai4o g.
APPEAR and undersigned. also an ol mn tui
named anu ioreralIv declared that aFdiillS
age VIM ~ thp laws II inc SJa't VI
themse'ts md particularly of the pro,
Lculsianaf tho Act No. 26I OF ~" HrHrrd'
visions Va of 1914 relative TO the IorI.Ia,
Assem- orporatiOns, they nave 1'',t'i' 40
ton OF va and by these presents 40
and agreeua agree for them selves, th"ir
covenant md assigns to form thtin .
successoLo cOrporafi0n and body poHlc
selves lhty iacts and purposes ana uhuer
for , .tt;tpulations following:
1.-The name and title Of this
ARIl1iLn shall be Gulf Coffee company.
corporation Sh"''
Inc ,I 81
ARIICLn hitch this corporation Is or
jects iol nd the nature Of the business
, ganized, led ON by it are declared TO be a.
follows; 4.,
lmpolun7, ndisp generally, buying anu
and meI osfoo teas. blends of coffee ana
selling conbandise generally. Manutactur.
other m selling candies ana bI'iluS Oh
ing An mud article of commerce SrhrrauS >
c COLE, and grinding coIt'S ana nir ,I
roa so@ses and blending coIee' an" vas
ocouire the property rlGh.S i I!ind
TO I'D will and assets OF every NM
chise. snarson firm corporation OF a>So. ..,.
Of any oitber wholly or partly anu 10 thhE
", the same in casn' VI " 80. no nor
for .nu or otherwise, as may Ne per
~, laws of TINS Slbtt.
,pr,crE Iu.-The authorized capital
= of this company shai ,i az ~ into 20
$40 $40 (s5.OOOOO) dollars, Gi,ld dollars
shares VI w,,oid for in cash. or IN proper
eacn, 10 p.;paIent and if not IN caNh me
ty, It's equ nirectors shall determine the
bCslu Of such equivalent offered
'aiu. ,oonv shall be n going concern
inns III have the right to carry on DnSi-
an1 sn", COON as five thousand doilars .F,',-
W. W. ooS ~ its capital stock shall nave o'''
subscribed for . -,
an soles and other transfers OF any 81
~ stock of this corporation shall We W."
tne sao lid stock shall have beeh pre-
unless sa sfod IN the then existing stock
vlous! ,brouph the Board of directors
boluei .;nnIated price and if the Board'
at "a stockholders does not see III 10
ioi said stock. then II shah I"t w
p oia a, less price, or upon NOR laHo
SUI SUI terms. without likewise ollerllE
90 the Board at such price anu upon '''iu
terms. 90 e,ocL mr.
In case " Increased capital stock, the
tne hoIdors of stock of the cOmpah! !;
tneT hnye the right to purchase saln
snst in the ratio Of their holdings OF
stoch ~ ~ tbe company. This provision
s.o, SUI no written, printed or stamped Oh
oacb certificate of stock.
,pTIcIE Iy.-The dOmicile OF the cor
nnation shall be the City of New orItail i.
State Of Louisiana, where all clta'loHs pa
other legal process shall De serN'u U' tbe
1sner or, in his absence, on the
President. ~,
,pTICI,E y-This corporation Shall
.a oniov succession and duration
s nS The neriod of ninety -nine t99) years
from the date hereof.
ARTICLE yI-All the corporate poWtis
=. this corporation shall be vested III
and exercised by a Board OF plre. .I', >
ahj SbalI he composed of not less thah
three I3l directors. nor more than nEe
ga Of whom the majority shall constitute
quorum for the TRANSACTION VI O"''
ness
The following persons shall constitute
ne first Board of Directors, to-wlt:
Ewing Harper. 2235 Carondelet streea;
yaw Orleans: GuiIliermo Revilla. l44o
Iosanbine Street, New Orleans; Paul I.
Uorner pittsburg. Pa; Mrs. Maria Rosa
] peyilla. 14+6 Josephine Street, New Or
leans.
They shall hold office until the second
4 Nonday in January 1921, or until their
| successors are elected and qnaIuled
| thereafter the Board of Directors shan De
composed of stockholders who shall he
elected annually by the stockholderS ~
/ meeting on the second Monday in Jan
nary. 1921. and annually thereafter. on the
second Monday of each year. If the sec
and Monday in January he n legal holi-
dey the meeting shall he held on the
next business day. At all meetings Of the
stockholders the voting shall be by ballot.
The Board of Directors shall employ and
dismiss such clerks, managers. and other
employees as the interest and business OF
the company may justify, and they may
delegate this power to the President, and
Secretary Treasurer. Any of the Directors
may nv written instrument. appoint an
other director to act as his proxy. at any
and all meetings of the Board of Directors.
ANY Of the officers or employees of this
corporation may be removed at any time
by vote Of a majority of the whole
Board.
ARTICLE vII.-The officers of this cor
poration shall be a President, n Vice
President and a Secretary Treasurer, each
Of whom must be a stakeholder. The
officers shall be chosen by the Board
OF Directors Until the second Monday
In January, 1921, the following persons
shall be the officers of the company. viz ::
Ewing Harper, President: Guilliermo Re
villa. Secretary Treasurer; Paul c. Harp
or, Vice-President
ARTICLE VIII.-No notes or other
negotiable instruments and no orders for
the payment Of money and no contracts
snail be valid unless the same shall be
authorized by the signatures of two Off
GERS Of the company
ARTICLE IX-No stakeholder shall ever
ne held liable or responsible for the con-
.ract or faults of this corporation in any
TURNER sum than any unpaid balance due
on me shares Of stock owned by him: nor
saah any informality in organization have
ne erect OF rendering this charter null or
VI exposing a stakeholder to any liability
'e!ohd any amount due on his stock.
ARTICLE X.-This charter may be
s sis, or amended, in any manner in
suaing the increase or decrease of its
n sp,ssi STOCK, and the affairs of the cor
,,sass s an wound up, and the corporation
,,s el assolved In the manner and on COM
psahg with the existing laws.
, rus incorporation hereof have placed
nnmhn sneir respective signatures the
whirS er 20. o. shares of the capital stock for
he tsse ,sca nave subscribed, which is to
sshss,, ea ana considered as the original
subscription list of this corporation. and
oe recorded as such
mus done and passed. at nv offico Of
me,, SHy Of New Orleans on the day.
the n,.s aug Year first above written. in
pors 1sence or P r. Ferrera and Miss
rxiS,n, pnnn witnesses of lawful age.
aid An u tnis city, who, together with
sigped ,hp ",lers and me. Notary. have
tie whols eir names, afted due reading of
Original signs6,