The herald., 1920-08-05
CHARTER OF THE CHERRY-NECTAR
CO. NC.
June 25th. 1920.

lSlhha. Gdrlsh OF orleans, City Of New
Orleans. BE il known. That on this TWEEN
tyfifth day of the month of June in tn,
year of our Lord one thousand nine hun
dred and twenty, and the Independence oi
the United States of America the one hun
dred and forty fourth.
Before me. Arthur \. Moreno, a Notary
Public. duly commissioned and qualified
in and for this city and the Parish oi
Orleans, therein residing, and in the pres
ence 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
ayailing themselves of the provisions OF
the general laws of the State of Louisiana
relative TO the organization of corpora
tons. they have cOyenanted and agreed
and do by these presents covenant auC
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 and 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 shall be CHERRY NECTAR
COMPANY, INC, and by this name anu
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 and be
sued; TO borrow money; to make and issue
its negotiable prOmissory notes or other
evidence of Indebtedness; to create debts
to make and use a corporate seal; to puT
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 and
agents as the interest of said corporation
may require; to make and establish such
bylaws and regulations for the proper
a Lot nn nf 20 aff nfr
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 case
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 to
be carried on by 1t are declared to be to
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
drinks; to buy, own or lease real estate
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 formulae for syrups ano
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.
ARTICLE IV.-The capital stock of this
corporation shall be one hundred thousand
(SlOO, 000O0) dollars, divided into ten thou
sand shares of the par value of ten $4,000
dollars each, and may be increased to the
sum of two hundred fifty thousand (S250.-
DOO.OO) dollars, divided into twenty-five
hundred shares of the par value of one
hundred ($lOOO0) dollars each, and this
corporation is to be a going concern when
half of the capital stock has been su,
scribed and one-half of which subscription
has been paid for.
Each share of stock shall be entitled to
one ID vote, either in person or by proxy,
at all general elections or meetings of the
Stock for So. 10000 has been
given for the formula described in the
document annexed.
ARTICLE y.-No stakeholder shall ever
be held liable or responsible for the in
debtedness, faults or defaults of this cor
poration, nor shall any mere informality
In the organization of the corporation have
the effect of rendering the charter null or
Of exposing the stockholders to any liabil-
Ity beyond the unpaid balance, if any, on
their subscriptions.
ARTICLE VL-This corporation shall
have all powers granted to such corpora
lions by law and shall have the power to
sue and be sued. in its corporate
name, and to own, hold, receive, loan,
Ease, purchase, sell and convey or mort
gage any and all of it's effects, or to
lypothecate its property and to do any
md all acts and things of any other kind,
nature or description as may be necessary
20 carry out the objects and purposes of
'aid business as Its interests and conven-
ences may require. -
ARTICLE VII.-The business of this
corporation shall be directed by and vested
n a board of directors of five members,
hree of whom shall constitute a quorum
or the transaction of business. and the
aid board of directors as first constituted
hall be composed Of George i. Barnes
Duncan Ereeland and DIR. John G. HarZ
md two others to be selected by the first
famed. and they shall hold office until the
irst Monday in July, 1921, and on that
lay, and on the same day thereafter each
ear, elections shall be held for directors
t the principal office of the corporation,
nd the election shall be held between the
Iours of ten and twelve a. m.
Failure TO hold an election on the day
pecified shall not dissolve the corpora
ion, but the directors shall hold their re-
pectiye offices until an election shall be /
eld after thirty days notice of the time |
nd place thereof given to each stock !
Older.
The said board of directors at their first |
er a president, vice-president and a secre- |
airy treasurer; provided, however. that the |
ecretary need not be a stakeholder or /
member of the board Of directors, and any |
acancy in that office shall be filled by |
he board.
Directors may act either in person or by |
ARTICLE yIII.-Wheneyer this corpora- |