The herald., 1920-07-22
CHARTER.

thav ar, of f,II 49,, 80 -, - - 80 J.,
ing Themselves Of tbs I,Yr az - % u
! ouiSi,uu rnI,ti-. IN ~, ,r.,.,,,i,.,,i, .
! cornorrtior- i'm sr,L -. ,,,-,t - 1
! yijrd fhry ,nI,stif,,t, fh,,,I,' i ,ii ~
| ~n,i,trs -r,,.-.or. and '.,.,. i.,1,. - -.
! tinu ,.J..r a., .,..','i.. - 49,. i''
/ firth v'IfI 49,, ..,l, - ''' ~
/ tn-yyit 49, 'i a. ''''' ''''' WI
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/ IN ~ - J.. ne name 81 lH'~ '"rN"ra
~ I ,.,. ~ iI.,!'I'", b. II. "ih'ial'a.
", II ~ H. ne d"ml,iI" "i ms '"r
L''',' '',, ,l'"'! ,'' il '"' Wy 81 New 'f
'''"r. rII,1'r "' ''"a~i"H'.
VI ~ -. III ne OBJECTS ana HNr
rI"H'> %, 'IlN '"IP"I''''h are hereby de-
J 'i,i'H l" "r !" n'HNI..iuf'- market
r'Ii' "' N"n"NHI" ana F,' Oh. candy. con
/ l'''""N '"" "'"'r Nlh'T'd pI"HH''~
ARTICLE ~. This corporation shall
| hIN" all of the powers ana authority ICES.
81 m corporations under the laws of fH.
| stat" Of Louisiana. and shall have the 800
thUrItN 10 do and perform aus and ID
/ things necessary for the p,rlurmuu,. o.
the objects for which this corporal luu .
organized or german, or Incidental there.
20.
ARTICLE \ m. ...r5t..r -,,.l .., els.
rori,nration - nrr,.Iy r,,5 ~, 80, ~
Thousand dollars tS5I ruuUu Ii,.iIl .
follows. Xiv. hr,rJr,f ,-,uI l.r.,, 49,,
f,rr,d stock of "a mar l:,lu. ,f am. l,Yi,ir.
dollars iSlUU UuI I.r SHARE. and ,r. -I...,,.
and Il Wpu ~brr..- nf ,.,r,If,np -,,.r 49,,
par value. of ON dollar t<1u. ,..r -l...r
The .apitHl sfur, may h,. iu.r..,-.,I 3d..
7 q.
creased Ir ON. bundled i1put -I..r.... .,.i.ys
tiouHl Of "a mar vain, of nu,. bu,r5r,f i,i
lar tSIuUuui rrr SlYr. maxim, ia. tn,.
authorized urrf,rrrd stork herein .i,r.
Thousand dollars $50 ouu CO., TLr ,',,,,.r,,,,,
stock may h. increased b, ,u,. tI,,l.,lI,
q 900 shares gddiriou.I Of - r4r LII
of one. dollar tSI u,u NOR shan. ,'.,Li,,., 49,.
total authorized common ,ro,k herein IA.
Thousand dollars So 100000 Tho r,r,f. .I.r...
Stock i~.rI,d ar ., la, i--t.t a.. ~
uprarion shall boar ,i.,lt Nor com ~
dividend per auuuu. which dividend, shall
he. ,.IIruuI.,tiy,. III, -.id ,r.f.-ri .l
shall be-. subject to call hy IN. EogrI .I
Directors of sand roruorYtfnu ~. ana. Inns,
dr,d and five dollars tSlu- 0D, mr. -f...-.
~ the end OF amy fiscal wear of The. r,rr,,r
alton Tn. Ur,f.rr.B -t,.E -I,.u f..,.. 80,
voting power All of tho yofira fo.,,-
Of this corporation shall be-. and il I.r.It
vested iu the common stock. Each Stock
holder shall hr entitled 10 yot. az 8ru
~rnrk holders Ir.,riu.s i'm tE.. ,.-,,,,rt i -,
one yot" for each share of common ,rorn
owned 10y him aud req stored on fh" book
OF 'hI~ operation IN his name. No GEi
d"ud shall he declared or paid 10 o." com
mon stock of this corporation until after
HII "i tH' preferred stock ISSUED 10y Til.
corporation shall have been call ID gud o.
liI'd- NO owner OF Oh" common stock g..
'n', CORPORATION SHAH sell or transfer amy
90 DO" stock 80 owned 10y uiu until after
h' shall have rendered 10 This corporation
Tor purchase his said shares of common
STOCK. said tender to b." made to tn,
n""Fa OF directors of this corporation
through Inc president or other executive
officer. aud the Board of Directors shall
nave Inc rlCht 10 purchase said stock So
h"oA NHIur. ana IN" holder of said stock
agrees 10 sell >ald stock in ar'urdauo" with
me provisions of this article" II after q
laps" OF 30 days IA" said Board of ni
ft'lnr> iall> I" purchase cor declines 10
phr.haN" said stock at book value" the
holder mad owner thereof shall have IA.
right 10 dispose of same as hc NAV So.
fit. Upon the purchase of any ~urn rom
mon stock 10y the Board of Directors 90.
this corporation. said stock shall be sold
ana distributed to and among the OWNER
OF IN" common stock of this corporation
IN proportion 10 their then holdings au,l
Said stock Is I" b" paid for 10y such dis
tributes az book value II any Su,h dts
tributes decline TO purcha>" any part OF
such shares his proportion shall b. again
divided among the remaining holders OIL.
common stock in proportion 10 their hol!
lnG>.
ARTICLE VJ-AU tho cor,,or.,t., ,.,,.,...-
Of this CORPORATION shall La yast.d il, .
Board of Directors ronsiStir, ,f r'., I -
than three IA nor n,,ra tLaI fif,.,,,, -
bur which Hoard shall aIy..rI .on,i 80,
an odd number az Dir.rtnrs and r. -,
hers of which En,rd shoIi IN .,,' ',,I
TO fifteen Gjt Inv a yota Of do sti,,. ~
holders AT any animal or srarisi ,n..,.ttn,,
thereof For SnrL ,lacTjo,, 80 ,.1Ii,i ~
Directors a maioritv vota of ~, .,oi'"
holders yotino Nv Sbaras I'M T. -
sary. The Directors shall NEGLECTED. an
nuaIIv nj the annual pnpatin,y Of Stoclb'iJ
erS or any deferred Y,o.tin,, 90 - "
uuaI meeting of StorkbnIJars Sta -, ,
meetiui, Ia Ls hold on ~ sa.a,,J NJ ' ..
of January of each vaar In tha a,-i,,t -
annual meeting of siortboIJar. - no, hIs
as herein fiNed rho inrumhont Diro,.,,'
and Officers shall hold over until tho aI..
ton and qualification of their Successors
In the event tAe said annual meetin,,
not held on the date herein fiXed II NAV
be held AT any other date smblanUant ,b ,..a
to by call of the Board of Directors 10
that end. but Officers and Directors SbaIl
in no event be elected more than One d,Ir
ing any calendar wear Vacancies on RI.
Board of Directors shall no fiIIed a, y
the purpose All notices for stoctboiders.
meeting shall he upon fifteen fIEr d..
notice by registered mail 70 tba a.
known address of each stortboIder
majority vote of the entire outSt,ndin,
common stock at any sDeciaI or rp0uI,r
meeting of stockholders shall he necessar,
To constitute the act of this cornoratioi
except where otherwise provided Inv law
Wherever a vote of the stock of this cor
poration is mentioned harain opd Tor 81
other purposes Whatsoever, il is intondc.
to annIv only m a vote az tba co,n,,',,,
stock At the animal meeting or any an
nual meeting of the stockhoIders ~ ri
corporation. the stockholders shall elect
the Board of Directors of This cornorotion
to consist of such number Of Diractnrs -
shall be incumbent on the date ~ Su,.I
meeting and said stockboIderS shall ill.
wise elect ut such meeting officers r.
serve the CORPORATION. which officers shalt
be selected from among the number of m.
Board of Directors elected nj said neatin,
and the term of office of which officer.
shall be cO-extensive with the term Of Tho
Board of Directors. In the event of m,
vacancies in tho Roard Of pirac,nrs -, =
the Officers such vacancies shall he fiIIa5
at a special meeting of the StockhoIdar,
called as herein provided ANY incrra.