The herald. [volume] (New Orleans, La.) 1905-1953, 1920-07-22
CHARTER OF THE CHERRY-NECTAR
CO. INC.
June 25th. 1920.

UT IN . m
CO. INC.
June 25th. 1929.
United States of America. State of Lou
isiana. Parish of Orleans. city of New
Orleans. BE il known, That on this TWEEN
ty-fifth day of the month of June in the
year of our Lord one thousand nine hun
dred and twenty and the independence o.
the United States of America the one hun
dred and fOrty-fOurth.
Before me- Arthur A. Moreno. a Notary
Public. duly commissioned and qualified.
in and for this city and the Parish oil
Orleans therein residing. and in the pres
euca of the hereinafter named and under
signed witnesses personally came and ap-
peared the following persons whose names
are hereuntO subscribed, together with the
amounts of their respective subscriptions
to the capital stock of the corporation
be 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 ana agreed.
and do by these presents covenant anC
agree and bind themselves and obligate
themselves, as well as such other persons
as may hereafter become associated with
them or their successors, to form ana con
Stitute themselves into corporation an
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 snail ne Nh Il y II
COMPANY, INC, and by this name ant
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 ana De
sued to borrow money; to make and ISSUE
it's negotiable prOmissOry notes or other
evidence of Indebtedness; to create debts
to make and use corporate seal 10 pur
| chase and receive, lease, hold. sell and
convey. as well as mortgage and hypothe'
cate. property, real, personal and mixed
| to name and appoint such officers ana
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
| as 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 Lou
| 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 cass
| of the absence of both OF these Officers
upon the secretary hereof.
| ARTICLE III.-The objects and pur.
poses for which this corporation is estab
lished and the nature of the business tC
| be carried on by ii are declared to he L,
manufacture and market syrups and eN
| tracts; to manufacture and market drinks
| of various kinds; to hold and lease build
| ings and operate stands for the sale of soft
| uTlDks, 10 DuN, ONH OT tease real tSldlt
| 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 and
| 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.
corporation shall be one hundred thousand
| (S10O,OOOOO) dollars, divided into ten thou
| sand shares of the par value of ten $4,000
| dollars each, and may be increased to tn,
sum of two hundred fifty thousand $3.50.
| OO0.00) dollars, divided into twenty five
| hundred shares of the par value of on,
| hundred ($lOO.O0) dollars each, and this
| corporation is to be a going concern wheI
ne-half of the capital stock has been SUI
| scribed and One-half of which subscription
has been paid for.
Each share of stock shall be entitled Il
| one % vote, either in person or by proxy
| at all general elections or meetings of the
| stockholders. Stock for S25. 100000 has beer
given for the formula described in tn,
| document annexed.
ARTICLE V.-No stakeholder shall eveI
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 hav,
tlltNl VI the GDHfIer nun oil
of exposing the stockholders to any liabil
ity beyond the unpaid balance, if any, OIL
their subscriptions.
| ARTICLE VI.-This corporation shall
have all powers granted to such corpora
lions by law and shall have the power I,
contract sue and be sued, in its corporal,
name, and to own, hold, receive loan
lease, purchase, sell and convey or mort
gage any and all of it's effects. or I,
hypothecate its property and to do an,
ana all acts and things Of any other kind
nature or description as may be necessar,
to carry out the objects and purposes o
sald business as its interests and cOnven
fences may require.
ARTICLE VII.-The business of thi
corporation shall be directed by and veste,
in board of directors of five members
three Of whom shall constitute quorum
Tor the transaction of business. and tn
said board of directors as first constitute,
shall be composed of George l. Barnes
Duncan Nreeland and DR.. John G. Harz
and two others to be selected by the frs
named, and they shall hold office until tn
flrst Monday in July, 1921, and on tina
day, and on the same day thereafter eac
year, elections shall be held for director
at the principal office of the corporation
and the election shall be held between tn
hours of ten and twelve a. m.
Failure to hold an election on the da
specified shall not dissolve the corpora
ton. but the directors shall hold their re
spective offices until an election shall b
held after thirty days notice of the tim
and place thereof given to each stock
holder.
The said board of directors at their frs
meeting shall elect from among their mum
Der president, vice-president and a secre
tary treasurer; provided, however. that tn
secretary need not be stakeholder o
member of the board Of directors and an
vacancy in that office shall be filled b
the board
Directors may act either in person or b
proxy.
| ARTICLE yIII.-Whenever this corpora
ton Is dissolved, either by limitation o
for any other cause, its affairs shall b
hquidated by the board of directors VIII
= are hereby vested with full power to Sc