The herald., 1920-03-11
CHARTER.

after fifteen days notice by mail of
such election shall have been sent to each
stakeholder at his last known address.
The directors thus elected shall continue
in office for one year. or until their sue
cesSors shall have been duly elected and
qualified. No failure to elect shall be re-
garded forfeiture of this charter.
Any vacancy occurring on said Board
shall be filled by the remaining directors
for the uneXpired term; the said Board
shall likewise elect the additional mem
hers in case they should determine to in
creaS, the number of said Board. Said
Board of Directors at its first meeting af-
ter its election. nominate out of its num-
Der. President, n LIST Vice President. and
"A 2nd NiCe-President. Said Board shall
also appoint a Secretary Urea SuTer who
need not be either stakeholder or di-
rector of the Company. and said Board
shall have the right to appoint and dis
miss such clerks, managers and other en-
ployeeS of the corporation, as conditions
may justify or the business of the cora
pOratiOn may require. The tenure Of Of
flee of all the employees of the corporation
shall Ice during the pleasure of the Board
Of Directors. Any of the directors shall
have the right to appoint, 10y written In
>trument. another director or stakeholder
to act aS his proxy and in his stead at
any and all meetings of the Board Of
Directors.
ARTICLE Vino Stockholdrr shall
ever be held liable or responsible for the
contracts. faults or debts of said corpora
ti0n. nor shall any mere iufOrmalitY in
its organization have the effect of render
ing this charter null or of exposing q
stuckhOdcr to any liability beyond the
unpaid balance due on the shares owned
by him.
ARTICLE NII.-This act of iucorpOra-
ton may Ice changed. modified or altered,
or this corporation may be dissolved.
with the assent of the stockholders own
ing twO-thtrdS of ali tn" stock Of the cor
poratiOn at a general meeting convened
for that purpose. and after at least ten
days written notice of this meeting has
been given through mail addressed to
each shareholder at his last known place
| of residence. In case of dissolution by
! the expiration of this charter or other
wise the stockholders shall elect three
| liquidatOrs from among their number, to
| liquidate and settle the business and AT
( fairs Of the Company. In case of death
/ or disability of any one of said commits
SiOnerS or iquidatorS. the survivors. of
/ the remaining hquidatOrS, shall appoint a
| successor to him. The said hquidatOrS
| shall have full power to settle said Com
! pany'S affairs, collect outstanding debts.
/ sell and convey property. pay its debts.
and divide the remaining money and
property among the stockholders. They
/ shall also have power to meet and act
/ under the bylaws of the corporation and
under regulations to be made by ma
/ jority of said hquidatOrS; to fix the price
! and prescribe the terms of sale of said
property, and the manner in which the
| sale shall be made, and take notes and
bonds secured by mortgage and other
wise. for part of the purchase price for
/ all or any part of said property. pro-
vided. however. that the rights herein con
| ferred upon the liquidatorS may be mOdi-
| fled, changed or denied by a majority of
| the shares of the capital stock of the cor
! pOrafion. The said liquidatOrs shall have
| authority to sue for and recover the debts
| and property in the name of the corpora
| ton and may be sued by the same name,
and they shall be liable in soldo TO any
| creditor or stakeholder for the monies
| and property of the corporation which
| shall come to their hands or possession
as liquidatrs and for the proper applica-
| ton and distribution thereof
| ARTICLE VIII.-The entire capital
stock of this corporation has been sub
scribed at the time of the signing of this
charter, as follows, viz: Frank Haw kins'
whose address is care Citizens and South
ern Bank, Atlanta, Ga, $50 shares: james
| E. Hickey, whose address is care Pied
mont Hotel, Atlanta, Ga, $50 shares
and Reuben o. Emery, whose address Is
306 Baronne Street, New Orleans, La
300 shares.
ARTICLE IX.-UntiI the election to be
held in March, 1921, the following shall
| constitute the first Board of Directors
viz: Frank Hawkins, President; james
f. Hickey list Vice-President: and Reu
ben o. Emery. 2nd Nice-President.
! Thus done and passed in my office, on
the day, month and year. first above writ
ten, in the presence of Frank Ii. Twomey
and Joseph l.. Weiss, competent witnesses
who have signed with the appearers and
me, the notary, after reading the whole
Witnesses: f. Il. TwOmey. j. L. Weiss
| Original Signed) Frank Hawkins, Boz
shares, per pro Reuben .. Emery; Jas
j.. Hickey. $50 shares, per pro Reuben o
Emery; Reuben o. Emery, 300 shares.
| FELIX j. DREYF0US.
| Notary Public.
/, the undersigned, Recorder of Mort
cages, for the Parish of Orleans, and
City of New Orleans, do hereby certify
that the foregoing act of incorporation
of Nj o. Chero-Cola Bottling Co., Inc.
was this day duly recorded in my office
in Book 1898, Folio -.
New Orleans. March Sth, 1920.
(Original Signed) EMILE ]. LEONARD
| by. r.
true copy from the original act.
/ FELIX j. DREYFOUS,
| Notary Public.
2O4 Carohdelet ST., New Orleans.
i Mch. 11-Apri. Is.