The herald., 1920-05-13
CHARTER.
CHARTER OF EDOUARD PRUNEAU
COMPANY, INC.


iSiana, Parish of Orleans. City of New
Orleans. lie it known. that on this thir,
tieth day OF the month of April. in the
year Of our Lord. one thousand nine hun,
drPd aud twenty. and of the Independence
Of the United States of America, the one
hundred aud fOrty-third, before me. Ed
gar VI. calm, notary public. in and for
the parish Of Orleans. state Of Louisiana
duly commissioned, sworn and qualified
aud in the presence of the witnesses here
matter named and undersigned. personally
came aud appeared. the several parties
whose names are horcuntO subscribed. who
severally declared. that, availng them
selves Of the laws of the state of Louis
lana, in such cases made and provided.
they have CONrHautpd and agreed. and do.
by these presents, covenant and agree, and
bind Themselves. rs well as all other per
sons who may hereafter become associated
with them TO form a corporation and body
polite. in law. for the objects and pur-
poses and under the articles and stipu-
h'ipu,. following. tO-wit:
ARTICLE THE name Of this corpora
ton shall hc Edouard Pruu"au Co, Inc
aud under itS said corporate name. il shall
have power and authority to enjoy corpor-
ate existence aud succession. for the full
term Of ninety nine years. from the date
hereof. 10 contract, sue and be sued. to
make and use corporate seal. and to
alter and break the sam" at pleasure; 10
acquire by gift. grant or otherwise hold.
receive, hyPothcD"te. convey. sell. lease,
pledge, mortgage and dispose of. property.
real personal aud mixed: 10 issue nrgO-
table bonds and notes. or other evidences
of debr. to name and appoint such man
ayers. agents, directors and Officers. a> its
bushes, interest and convenience" may re
QuIr" 70 max" and establish, rs well a. to
alter and amend, from time to time. such /
bylaws. rules and regulations for the |
proper management of the affairs of this |
corporation. - tn" same may be necessary |
and proper; said corporation shall have
further power 10 acquire. sell and dispose
OF the capital stock in other corporations /
and further To enjoy and exercise all the |
rights and privileges and grants under
the laws of this state. and more parti"-
ularly under Act 2G7 Of 1914 of the Louis
lana Legislature of 1914
ARTICLE 1.-THE objects and purposes
for which this corporation is Organized
and the nature of the business TO he car
ried on by it, are hereby declared to be-:
To manufacture" all kinds of soft drinks
aud soft beverages, a. permitted by law.
and to sell tn" same and to transact such
TO or connected thorewAh: and to acquire
all the right title andy, terrst of Lncicn
Layedan in certain ira 81 marks or trade
names; well a. the vormulae for the
manufacture Of certain soft drinks and
soft beverages permitted by law; and to
manufacture. sell. and dispose Of all of
said products and pro- ate and devotion
the same, according To the best Judgment
of this corporation.
ARTICLE IiI.-The capital stock of
this corporation is hereby fixed at the
sum of forty thousand $40 900 OOD dollars
to be represented by four hundred (4OOl |
shares Of the par value of one hundred
lSlW.OO) dollars, each, payable at such
time and under such conditions as the ,
board of directors may determine. This :
corporation shall be n gong concern and f,
authorized to do business. as soon as fifty :
C3Oo per cent of its authorized capital v
'haIl be subscribed for. and at least fifty h
l5O) per cent of all stock subscribed for
hall he paid for. Stock of this company
hail only be issued for cash. or for ser
ices rendered, merchandise. property or n
timer valuable considerations, enuring to "
his corporation. according to the OK \
lusive judgment and findings of the board !,
Il directors thereof.
ARTICLE IV.-In the event any holder
n owner of stock. well as his widow
state or heirs. desires to sell or dispose &
4 the same, such holder or owner as well
s his widow. estate or heirs, must first 1901
ender such stock to the stockholders 4,
through the board of directors for pur- -
base for period Of thirty days. In writ
ng. at the price of said stock on the
oOks of the corporation and during such
ertOd of thirty days. the said StOckhOld-
RS shall have the exclusive right to ac- !,
npt or reject the purchase of said stock | Ie
5 1t may elect: and in the event said m
tockholders. through said board shall fail v,
eriod mt the price offered. under the con of
itiOns aforesaid, then and in that event IN
ne stakeholder or stockholders desiring to n
ispose of his stock, may sell the same Tn
such other person or persons as he ia
lay see fit fj
ARTICLE Y.-The domicile of this cor he
grafton shall he in the city of New Or "a
ans, La, where all meetings of the stock W
olders or directors must be held. prOvid- jO
4, that with the written consent of all ia
vail h. al.
ectors may be held outside of the state Oh
within the state, elsewhere than at its re
omieile. Citation shall be served upon re
he president, or in the absence or dis Il
Dlnty OF the latter upon the vice presi- pa
ent. and in the absence or disability of ST
he latter upon the secretary, and in the Oh
bsence or disability of the latter upon 81
he treasurer. bC
ARTICLE VI.-AIl the corporate DOW. ~
IS or this corporation shall be vested in "; "
nd exercised by board of directors ,n
Tree in number. all of whom shall be U!
.ockholders. to be elected on the first III
onday or March of each year commenc- ~
X with the first Monday of March 1921 :.
18th the understanding that the first III
BARD of directors selected by the stock sN
Diders, and named in this charter, as Nv ~
ell as the first set OF officers as here me
after named. shall hold office until the
rst Monday Of March 1921. or until their az
lccessors have been elected and have "u
lalified.
After the election of said board of di- VI
ctors, by the holders of stock as herein ~
rovided, there shall be elected by said
rectors from their own number. the Of 90
eers OF the corporation. which are AS fol- ~
WIS: LIST. president: End a vice presi- W
mt; 3rd, secretary: 4th. n treasurer az
~ two OF which offices may be com
ned in one person. n"
The first board of directors and the 81,
ficers Of this corporation shall be the NJ,
flowing. and which said board OF dIrec- m,
RS and officers shall serve until the cleo re-,
,n to he held on the first Monday of rio
arch l92l or until their successors are of
acted, chosen and qualified. The ad- Gle
esses OF said directors and officers are on
opposite their respective names: i'm
Abby Hitler. president and treasurer a
q Octavia street, New Orleans La dir
lcten Lavedan. vice president and secre- sh;
ry, 9lO n. Solomon street. New Orleans ten
l.; samuel W. Abney, director, Heidel- to
re-, Miss. for
The board of directors shall have the A.,
mt TO fill all vacancies occurring i'm their tne
mber whether resuItin,, e.. tn.,i da!
signation, or otherwise WI
ARTICLE yII.-The annual meeting Of aps
stockholders of this corporation for sig
eiectlon or directors shall be held on apT
? urst Monday of March of each wear i'm o.
with the first MONDAY az a
lrch 192l The election for said direc- Ian
= snail be by ballot and the majority
amount of stock. voting. whether in Sch
rsoh or by proxy, shall elect the per-
Tor whom they are cast; each share
STOCK voted upon, to be counted but 7
one vote. Said stock shall NOT no ray
ltled To cumulative voting Sta