The herald. [volume] (New Orleans, La.) 1905-1953, 1920-03-04
CHARTER
og INCORPORATION OF L. L.
ACT 'oUSG COMPANY, INC.

Ssry, 1g2v, az Of America the one hun
United torty fourth. before me, charles
dred sn Jh Notary fuOilc, uulS
Y. tIrNSioned and quahhel III anu .VL tHe
esnm and State aforesaid thereih
dty, psrisn5 in the presence Of the wit
residing .ainsfter named and undersigned,
uesses Inc and appeared the several
persona chose names are heFeuhtossuo-
persons ,vbo declared that, aNalllhg them
scfibeo. the provisions OF the laws OF
selves Oh 'reIatiye TO the formation and
this oItion of corporations, they nave
Organ~,aJ and agreed, ana 90, by these
coVepa.S covenant, agree ana olhd theh-
preseh'S well as those VINO may mere
seNo' hacome associated WIN 'he., 70
after .SS.mseIyes into a corporation lot the
form thsnS nurpOscs. with the name and
OblecS .ba stipulatiuns following, to-"t
unoerr The name anu StSle OF
Ahl,ooraiion shall be e. !. hOuhS Com
this Inc. and by SAID corporate name
pany, have and enjoy existence anu sue
Il snah s. urriod Of ninety nine years,
cessloh soonpr dissolved, and shall nave
unless lights. privileges and immunitles
81 - are now or may hereafter Oe grant
ShtSn law 10 corporations OF the same
ed pySI character and under said cor
kind anu arne il shall have the power and
pOrale 70 contract, sue and be sued, to
sstnor1d use a corporate seal, the same
nahe ar alter at pleasure, ana TO make
70 U"scessary rules ana reSulatlohS LOT It's
81 "rste management and control.
eO,.TprICLE 1.-THE dOmicile of this cor
Ahii sbau be in the city of New Or
pOrallVSn. of Louisiana. and all citations
ks1s, 80 loyal processes shall be served
SHd 0. IL President, or, in event of his
upon a. Inability TO act, then upon any
ao sss oficer or agent OF the corporation
" nroyided by the laws Oh inns nI2'e,
@PpTIcIE III.-The objects and pur-
AN ,or which this corporation is organ
poses the nature of the business to be
nea "a on by 1t are hereby declared to DO
enngsge in the business OF lhahuIactuF-
~, bread, pies, cakes and other ConiST
ing ID 10 buy and sell and generally
uohs' - In such manufactured articles,
AZ wholesale or retail; TO acquire
eltse md operate in the city OF New Or
,'sns one or more bakeries and other eS-
Ieniishments for the manufacture, SAFE
md distribution OF ITS prouucts, anu Ecu ECU
s.silv 10 do and perform all things lhcI-
ssa.sI ar germane to the objects ana pur-
49, hereinbefOre expressed.
p"sPTICIE IV.-The capital stock OF this
nnn,ation is hereby fixed at the sum OF
cOlPv ,honsand (Sl0,OOOl dollars, divided
zen Ia renresented by one hundred
i I1c, sbsres of the par value of one hun
wv HI0M dollars each, all of which shall
wv comnou stock and the amount TO
.,eh the capital stock may be Increased
!, hereby fixed at the sum OF twenty, hSe
usand dollars The said stock shall be
tns,ad only for cash or in payment or
ns.nsrty or services actually received Dy
:, rendsred to said corporation; salu stocA
shau be fully paid for at the time OF us
;.snsnce and thereafter be non-assessaDle;
sis,v ner cent Of the capital stock shall
~ snhscribed before the tiling OF this act
" " ;ncornoration and nifty per cent or the
.n,t 80 subscribed shall be actually
nsid IN before the corporation engages IN
kasiness. and the remainder or the amount
"a subscribed shall be paid In In one year
h. AatA
ars AZ the stock shall be issued and pald
~. snhiect 10 the action of the Board OF
M,setors. in conformity with existing
nroyisions of the law relating thereto.
The parties hereto have subscribed 1or
,ha number of shares set opposite their
.asnactiye signatures hereto, so that THIS
act Of incorporation shall also serve as
sss original subscription; the balance OF
he capital stock shall be issued and pald
for as may be hereafter provided Tor Dy
the Board Of Directors. 4 40,
coronation shall be vested in and be ex-
srcised by a Board of three Directors
said Directors shall be bona noe stoch-
holders and shall each own, at all times
81 least one full paid, non -piedged snare
AZ stock, The first Board of Directors. as
vol as the officers of the corporation
shall consist of Il. Palmer Hardie, 2t'
Audubon Boulevard, New Orleans WIN
shsll be President; VIM. T. Hardie, iil
Jsekssn avenue, New Orleans, VINO snaa l
hs Vice President; Elmer /. Iouug, ~
iaverline street, New Orleans, who shal
be Secretary Treasurer. The above named
Roard of Directors and each succeeding
Board shall continue to hold onlce iOr oht
year or until their successors are eiecleu
and qualified. Failure to elect DIRECTORY
al the annual meeting, as well as any 1ali
ure 10 elect officers at the annual meeting
shall not operate to dissolve the Company
but the directors and officers lnstalle'
shall continue to serve until thelr succes
sors are elected and qualified. The per
so,s 10 be hereafter elected Directors To-
subseauent years shall select from thell
avn number a President vice Presl
dent and Secretary Treasurer. I'M
Board of Directors may from time 10 uil'
and as the business of the corporanol
msy dictate, combine any two or the aDoV'
Offices In one and the same person., ex
erpt that Of President and Vice Preslden.
On the second Tuesday of January, ly-l
and each year thereafter, the stocShoider
shah elect a Board of Directors Tor th'
easuing year; the Board of Directors; ~
well as The officers already Installed, sinai
continue in office until their successor
are elected and qualified. The election o
Directors shall be by ballot, and the per
sons receiving the majority OF votes cas-
shall be declared elected. For electint
directors, or for any other purpose, eaci
share Of stock shall be entitled to one vote
whether present or by proxy, but no irac
denal share of stock shall be ehtltleu U
vote. majority of the Directors votint
1t any one time, In person or by proxy
shall be required to pass any resolution
or adopt any bylaw, and which, whei
30 adopted, shall become valid corporate
acts. In case Of vacancy on the BOARD o
smong the officers. from any cause, TN
remaining members of the Board sinai
have the power to enact such bylaws
rules and regulations as in their Opinion
may be necessary and proper for the man
Sgement operation and control OF the BUS
iness OF said corporation.
ARTICLE VI.-NOtice of all meeting
held for the election of Directors, or 10
any other purpose, shall be given in writ
Ing by the Secretary and may be serves
Personally or deposited in the mail, az
dressed, fifteen (15) days before sue
nesting Is held, and directed to each stock
holder at his last known address, as IN
same shall appear on the books OF the cor
poration, unless said notice is waived Il
writing by all Of the stockholders appear
icg upon the books. At all meetings
aoekholders majority of the votes cas-
aan be sufficient to elect or decide a.
questions voted upon, except Tor the III
teration, amendment or the dissolution o
me corporation.
ARTICLE vII-This act of incorpora
uon may be altered, amended or modthed
o. the corporation dissolved, by vote Q
two-thirds in amount of the capitalsstoc
represented at a general meeting of stock
sneiders, called for that purpose, after nc
uee a. provided in Article vi of this char
tT; and In case of dissolution of the col
perston the stockholders at such meetin
sasll elect three 90 liquidating commits
ncners, who shall have entire charge Q
such liquidation, with authority to Sc
ana dispose Of the assets of the corpora
yen, and to fill vacancies occurring /
their number.
ARTICLE vIII.-No stakeholder sha
ever be held liable or responsible for tb
entrscts or faults of this corporation
ny fnrther sum than the unpaid balanC