The herald. [volume] (New Orleans, La.) 1905-1953, 1920-07-29
CHARTER OF THE CHERRY NECTAR
CO.. INC.
June 25th, 1890.

lSldna. Parish OF Orleans. city of New
Orleans. BE il known. That on this TWEEN
ty-fifth day of the month Of June in thu
year of our Lord one thousand nine hun
drrd and twenty. and the Independence %.
tn" United States of America the one hun
drcd and fOrty-fOurth.
Before me. Arthur A. Moreno "A Notary
Public. duly commissioned ana qualified.
in aud for this city and the Parish OI
Orleans. therein residing. and in the pres
cnCc of the hereinafter named and under
signed witnesses personally came and ap-
peared the following persons whose uames
are hereuntO subscribed, together with m"
amounts of their respective subscriptions
to the capital stock of the corporation {
he formed. who severally declare that.
availing themselves of the provisions of
the general laws of the State of Louisiana
relative TO the organization of corpora
tiOnS. they have CoVenanted and agreed
and do by these presents covenant anC
agree. and bind themselves and obligate
themselves as well as such other persons
rs may hereafter become associated with
them or their successors, to form aud con
Stitute themselves into corporation IN
body polite in law, and for the objects
and purposes and under the agreements
and stipulationS following. tO-wit:
ARTICLE 1.-The name and title of this
corporation shall be CHERRY NECTAR
COMPANY. INC. and by this name anC
title said corporation shall have power
and authority To have and enjoy succession
for the full term of ninety nine years from
the date hereof; to contract. sue and b,
sued to borrow money; to make and is>u,
its negotiable promissory notes or other
evidence of indebtedness; to create debts
to make and use a corporate seal; to pur
chase and receive. lease, hold. sell and
convey, well as mortgage and hypOthe-
cate property, real, personal and mixed ::
TO name and appoint such officers and
agents as the interest of said corporation
may require to make and establish such
bylaws and regulations for the proper
management and regulation of its affairs
rs may be deemed necessary, and the same
TO change, alter and amend at pleasure.
ARTICLE 1.-THE domicile of this cor
pOratiOn shall be in the City of New Or
leans, Parish of Orleans, State of Lon
isiana. and all citations and other legal
process shall be served upon the president
of this corporation, or, in case of his alb
sence upon the vice-president or, in case
of the absence of both of these officers.
upon the secretary hereof.
ARTICLE lII.-The objects and pur-
poses for which this corporation is estab-
lished and the nature of the business T.
be carried on by 1t are declared to W Il
manufacture and market syrups and eX
tracts; to manufacture and market drinks
of various kinds; to hold and lease build
ings and operate stands for the sale of soft
drinks; to buy, own or lease real estate
for the purposes of the business and gen
orally TO do each and every act and thing
done In connection with the manufacture
of syrups and extracts and their sale to be
used in making all soft drinks; to buy
otherwise acquire formulate for syrupS an,
extracts for the manufacture of soft drinks
and generally to engage in the business
and manufacture and sale of all articles
usually manufactured and sold in cOnnec-
ton with soft drinks.
ARTICLE IV.-The capital stock of this
corporation shall be one hundred thousand
$500. 900 OO) dollars, divided into ten thou
sand shares of the par value of ten $4,000
dollars each, and may be increased to the
sum of two hundred fifty thousand $3.50
100000 dollars, divided into twenty five
hundred shares of the par value of one
hundred (S1OOOO) dollars each. and this
corporation is to be a going concern WHEEL
one half of the capital stock has been Su'
Scribed and one-half of which subscription
has been paid for.
Each share of stock shall be eatitled TO
one Cd vote. either in person or by proxy,
at all general elections or meetings of the
stockholders. Stock for S25G0000 has been
given for the formula described in the
document annexed
ARTICLE V.-No stakeholder shall ever
be held liable or responsible for the in
debtedness, faults or defaults of this cor
pOration, nor shall any mere informally
in the organization of the corporation have
the effect of rendering the charter null or
of exposing the stockholders to any liabil-
ity beyond the unpaid balance, If any, on
their subscriptions.
ARTICLE VI.-ThiS corporation shall
have all powers granted to such corpora
llOHS ny Ia" anu Sndll nave the power 10
contract. sue and be sued in its corporate
name, and to own, hold. receive, loan,
lease, purchase, sell and convey or mort
gage any and all of its effects, or to
hypothecate It's property and to do any
and all acts and things of any other kind.
nature or description as may be necessary
to carry out the objects and purposes OF
said business as its interests and conyen-
fences may require.
ARTICLE yII.-The business of this
corporation shall be directed by and vested
In a board of directors of five members
three of whom shall constitute a quorum
for the transaction of business, and the
said board of directors as first constituted
shall be composed of George |. Barnes
Duncan Vreeland and DIR. John g. HarZ
and two others to be selected by the first
named. and they shall hold office until the
first Monday in July, 1921, and on that
day, and on the same day thereafter each
year, elections shall be held for directors
at the principal office of the corporation
and the election shall be held between the
hours Of ten and twelve a. m.
Failure to hold an election on the day
specified shall not dissolve the corpora
ton. but the directors shall hold their re-
spective offices until an election shall be
held after thirty days notice of the time
and place thereof given to each stock
holder.
The said board Of directors at their first
meeting shall elect from among their num-
Der a president. vice-president and secre-
tary-treasurer; provided, however, that the
secretary need not be a stakeholder or
member of the board of directors, and any
vacancy in that office shall be filled by
the board
Directors may act either in person or By
proxy.
I a