The herald., 1920-03-11
or INCORPORATION OF L. 1.
ACT xoUSG COMPANY, INC.

Tnlted 'stortv fourth, before me, Charles
AIRED ana Ter Notary PuDllc, duly
r FlelG,nnpd and qualified IN ana LOT the
eOnninssrish and state aIoTtsaiH' "a,
dy and in the presenIe VI rnS ~,
nesses neIna-np and appeared the several
personah! hose names are herGuhtO SUD
sefsens WI declared that, awaiting Them
s,ribed. .Sa provisions of the laws OF
selves % relative TO the formation anu
this su,fon of corporations theS nav
Orgahls",ad and agreed. ana 90 OS tnse
eOVenIh,S covenant, agree ana pIlu IN
presents yreII as those who may mere
selyes, az associated with them, 10
after pecaiyes into a corporation for the
form thenS rurpOses, with the name ana
ObJecls 10 stipulatiOnS following, TO 1T
upder I L THE name ana style OF
ARIlCLna,ion shall be T.. |. Young Com
this eoI Irc and by said corporate haIi'
pani, have and enjoy existence ahu sue
II shah 90 a ppriOd of nlnety-nlnr years
cesson ILL., I dissolved. and shall have
gnless sigbts privileges and immunitles
oil tne now or may hereafter be grant
vblcn IA" isu TO corporations OF the same
ed D! character. and under said cor.
kIno nsme il shall have the power ana
pOlheJ,,y 10 contract 81" ana De Sueu' 10
md use a corporate seal the SAM
make ar alter at pleasure, and TO make
Sn ne Sats management and control.
e0iP "m,CtE 1.-THE domicile of this cor
Akli| shall be in the city OF New Or
porauVSn, of Louisiana, and all citations
leals' - Iaynls processes shall he served
aBu ,he President, or, IN event OF MS
upon w Inability TO act, then upon any
a tsss oaicer or agent OF the corporation
oDaoV;ded by the laws of tins State.
S,PTICLE IIl.-The obJects ana puI
L. = l.
poses the nature of the business TO be
leo nII an by il are hereby declared TO be
esr IIeu en- the business of manutactur-
I'D mics. cakes and other conttc-
ing "nS 70 buy and sell and generally
uoh al IN such manufactured articles
- AZ wholesale or RETAIL 10 acquire
ehEei onerate in the city OF New Or
sWh anu ar more bakeries and other e>-
eI Inshmenfs for the manufacture, sale
as ~ S;stribution of its products, ana gen
A nJ 10 do and perform all things incl
tian! ~, germane TO the objects and pur-
W. us bereinbefOre expressed.
W,pTICIE IV.-The capital stock OF TINS
Anc-stion is hereby tiNed at the sum OF
,sa thousand ($lO,OOO) DOLLARS DIVIDED
yen md rpnresented by one hundred
lao1 shares of the par value of one hun
wv fSieM dollars each. all of which shall
SIes mmmon stock. and the amount 10
~ the rapital stock may be Increased
y. ba,sby fixed at the sum OF twenty-five
sS.nsani dollars The said stock snail De
t.snsd only for cash or In payment OF
n.ansrty or services actually received DE
:, rsudered to said CorpOrauon' sald STOCK
VII no fnlIy paid for at the time or IT'S
s-Hnsnce and thereafter hc worcestershire
T;s,v nor cent of the capital stock shall
- snbscribed before the Ming of this act
~ incorporation and nifty per cent OF tne
Snount SO subscribed shall be actually
aid in before the corporation engages III
tnsiness and the remainder OF the amount
"a subscribed shall be paid in III one year
s,om and after the date hereof. The resi-
Sns of tbe stock shall be issued and paid
tar subject to the action of the Board OF
M,ectors. in conformity with existing
nrovisions of the law relating thereto.
Tha narties hereto have subscribed Tor
tho number of shares set opposite their
resnectiye signatures hereto, so that TINS
ACT Of incorporation shall also serve as
hs original subscription; the balance OF
tSs capital stock shall be issued and paid
ior as may be hereafter provided for by
the Board Of Directors.
lPTICLE VAN the powers OF this
tornoratiOn shall be vested in and be eN-
sreised by a Board of three Directors.
Raid Directors shall be bona hde stOck-
holders and shall each own, at all times,
A. least one full paid, non-pledged share
Al stock. The first Board of Directors, as
we'll as the officers of the corporation,
sAall consist of Il. Palmer Hariie, 2lI
Audubon Boulevard, New Orleans, who
,ball be President: WIN. L. Hardie, 14ll
Jaekson avenue, New orleans, who shall
be Vice President; Elmer l. lOuug. 80
Loxerline street, New Orleans, who shall
be Secretary Treasurer. The above named
Board Of Directors and each succeeding
Board shall continue TO hold Office for one
rear or until their successors are elected
and qualified. Failure to elect Directors
Il the annual meeting, as well as any fail
ure TO elect officers ut the annual meeting,
shall not operate to dissolve the Company ,
hui the directors and officers Installed
shall continue to serve until their success
nrs are elected and qualified. The per
sons to be hereafter elected Directors for
subsequent years shall select from their
own number a President a vice Presl-
dent and Secretary Treasurer. The
board Of Directors may from time TO time
and as the business of the corporation
nay dictate combine any two of the above
Offices In one and the same person, eX-
rpt that of President and Vice President
On the second Tuesday of January, l92l
and each year thereafter, the stockholders
shall elect a Board of Directors for the
ensuing year: the Board of Directors. as
veil as the officers already Installed, shall
Ieniinue in office until their successors
are elected and qualified. The election of
Directors shall be by ballot, and the per-
sons receiving the majority OF votes cast
shall be declared elected. Fer electing
directors, or for any other purpose, each
mare OF stock shall be entitled to one vote,
whether present or by proxy, but no frac-
hoRal share of stock shall be entitled TO
vote. A majority of the Directors voting
any one time, in person or by proxy,
snail be required 10 pass any resolution
on or hH- lou a. 81
adopted, shall become valid corporate
acts In case Of vacancy on the Board or
mohg the officers. from any cause, the
remaining members of the Board shall
nave the power to enact such bylaws,
nles and regulations as in their opinion
nay De necessary and proper for the man
cement, operation and control of the bus
msss OF said corporation.
ARTICLE VI.-Notice of all meetings
NED ior the election of Directors, or for
ny other purpose, shall be given in writ
oy the Secretary and may be served
tfsenally or deposited in the mail, ad-
dressed, fifteen O5) days before such
S1s,esting Is held, and directed to each stock
s'iuet a. his last known address, as the
ane shall appear on the books of the cor
rsuon- unless said notice Is waived in
s.,uhg oy all of the stockholders appear
=. upon the books. At all meetings of
ss .n majority of the votes cast
m.a De sufficient to elect or decide all
s.uohs voted upon, except for the al
N. a amendment or the dissolution OF
sAhIlCLE VII.-This act of incorpora-
Az s may be altered, amended or modified.
us corporation dissolved, by a vote of
,srus In amount of the capital stock
Islsseh'ed at a general meeting of stock
brs called for that purpose, after no
t,s. provided in Article vi of this char
se,., ana In case of dissolution of the cor
nan eh the stockholders at such meeting
Iss.. erect three (3) liquidating commits
ss,a who shall have entire charge of
ssS sinquioation, with authority to sell
t,ss uspose OF the assets of the corpora
men humber.
W, ICLE vIII.-No stakeholder shall
ees,,seh eid liable or responsible for the
nv tns or faults Of this corporation in
a. MSener sum than the unpaid balance
Nm inc corporation on the shares owned
enaI,.,aor shall any mere informality in
al ressoh have the effect of rendering
lsd'.a srter NULL or of exposing a stock