The herald. [volume] (New Orleans, La.) 1905-1953, 1920-03-25
CHARTER.

and other obligations or negotiable in
struments; to have and employ such
managers, directors, officers, agents and
other employees as the interest and con-
venicnCe of said corporation may require
or demand: to make and establish such
bylaws, rules and regulations for the
corporate management and control of the
affairs of the corporation as may be
deemed necessary and eXpedient.
ARTICLE 1.-THE dOmicile of said
corporation shall be established in the
City of New Orleans, State of Louisiana,
and all citations and other legal process
shall be served on the President and in
his absence, on either of the Nice-Presi-
dents.
ARTICLE IH.-The objects and pur-
poses for which this corporation is orga-
nized and the nature of the business to
be carried on by it are hereby declared
TO be: to manufacture and bottle and 10
sell and distribute soft beverages of every
kind; to establish agencies for the SAFE
of the products of the Company; and gen
orally to do and engage in every other
business, undertaking or enterprise con-
nccted with, or growing out OF, germane,
or Incidental to, any of the purposes here
inabOye set forth or contemplated by THIS
charter.
ARTICLE Iy-The capital stock of this
corporation is fixed at the sum OF one
Hundred Thousand Dollars, divided into
one thousand shares of the par value of
one hundred dollars each. All shares OF
stock shall be full paid and non-aSseSS-
able No transfer of stock shall be blHd-
! ing upon the corporation unless made
unOn its books and all certificates of
| stock shall he signed by such officers as
! may be designated by the Board OF Dl-
/ rcctOrs.
! 10 increase its capital stock TO a fur-
! Their sum of Five Hundred Thousand DOL
! lars, to be divided into shares OF one
! hundred dollars each, provided said IN
crease i'll the capital stock snail nave Deenl
~ ha str In "A
Ing to be held pursuant TO the provisions
of Article of this charter.
! ARTICLE V-All the corporate powers
of the Company shall be vested III, ahu
the management and control of its affairs
shall be exercised by Board OF directors
composed of three stockholders, the mem
bership of which may be increased 10
number not exceeding seven, by the boaIu
of Directors ut any of its regular meet,
ings A majority of the directors Shal
constitute a quorum for the transaction
of all business. The directors shall o.
elected annually by ballot on the second
Tuesday in March in each year. tacl
stakeholder shall be entitled, in person OF
by proxy, to a vote for every share Owhel
nv him. and all elections shall be helu
under such rules and regulations as ma!
be determined by the Board OF directors
after fifteen days notice by mail o.
such election shall have been sent 70 eaCi
stockhOlder at his last known ADDRESS
The directors thus elected snail continue
in office for one year, Ut uhtll 'h'ii GU
ressOrs shall have been duly elected anc
qualified. No failure to elect shall be re
/ garded as forfeiture Of TINS chartrr
ANY vacancy occurring on sald boar'
shall be filled by the remaining GlrS Dl.I,
for the uneXpired term; the sald BOAR
| shall likewise elect the additional mem
beers in case they should determine 10 IN
crease the number of said Board Sal,
Hoard of Directors at its first meeting al
ter its election. nominate out of its mum
, ber n President. a LIST Nice-PreSldent' an,
a 2nd Vice President Said Board shaI
also appoint a Secretary Treasurer WI
need not be either a stockhoiutI .,
rector of the Company, and SAID soar
shall have the right to appoint ana as
miss such clerks managers ana othrr en-
plOyreS of the corporation, as cOnul'Ion
may Justify or the business OF the 'ot y,
poration may require. The tenure OF vi
| fira of all the employees of the cOrpOrdIlo
= shall be during the pleasure OF the Boar
! of Directors. Any of the directors sh =;
have the right to appoint, by Wrhttn n
:, | strument another director or StOckhoiut
I | 10 act as his proxy and in his stead
r any and all meetings of the Board
:. | Directors. ,, ho
'. ARTICLE Vino stockholdsr sn "a
f over be held liable or responsible Tor u
i contracts faults or debts of said corpor;
i tion. nor shall any mere informally
d it's organization have the effect OF renue
: ing this charter null. or OF eNposihs
k stakeholder to any liability beyond u
g by him. -. - ;,oo-nor
n ton may be changed, modlfled OF alfre
lie or this corporation may ne ulssone
. with the assent of the stockholders owl
If ing two thirds of all the stock or the co
IL marathon at general meeting conVen'
lie for that purpose, and atter at irast =
II davis written notice of this meeting a.
ye | heen given through mail addresseu
* zach shareholder at his last known pla
IN of residence. In case OIL Chs
< the expiration of this cnarier OF ~
IS wise the stockholders shall eject thr
v. liouidators from among their NUMBER
l. Mandate and settle the business ana
Ig fairs of the Company. IN case ol uea
#. or disability of any one oil sald conlin
at sioners or IiquidatOrs, the SURVIVORS,
Of the remaining liQuidators, shall appoint
Id successor to him. The said liquidato
=. shall have full power to settle salu ~
al p.ny's affairs, collect outstanding aeS
ne sell and convey property, pay It's oeo
Id and divide the remaining money al
L. nronerty among the stockholders In
Id shall also have power 10 meet anu O. 9
id under the bylaws of the corporalion a.
=. nnder regulations to be made by IN
ioritv of said liquidators; to fix the pr
i'd and prescribe the terms Oh sale oi 80
T. property. and the manner IN Mhlch =
lg sale shall be made, and take notes az
r hands secured by mortgage ana oIh,
ne Use for part of the purchase price ]
al oil or any part of said property, pl
~ yided, however, that the rights herein ~
le | farrad uDon the liquidatorS may De nlo'
ne fled changed or denied by majority
be tho shares of the capital STOCK OF tne %
noratien The said liquidators shall M
Of authority to sue for and recover the uet
he and property in the name or the corpoi
Id md the, shall be liable in sOlidO to a
ar croditor or stOckhOlder for the mon
RS and property of the corporation whi
n shall come to their hands or possess
Is "a Iiouidatrs and for the proper appi'
or tion and distribution thereof
ar ARTICLE yIII.-Tne entire capl
or stock of this corporation has been ST
r. | Scribad at the time of the signing OF u
Iis charter as follows, viz: Frank Hawkl
whose address is care Citizens and sou.
ey arn Rank. Atlanta, Ga. 800 shares Jan
id y Hickey. whose address is care III
to mont Hotel Atlanta, Ga, 500 snar'
b. and Reuben o. Emery, whose aduresS
he 3O6 Baronne Street, New orleahs'
all 800 shares. ,o,io, IN
isl hold in March, 1921, the following sh
e. Constitute the first Board OF Dlrecto
aw viz: Frank Hawkins, President; jan p
M II Hickey LIST Vice-President: anu N
d. hon a Emery, 2nd Vice-President:
be Thus done and passed in my OFFICE,
Ias tho dav month and year first above WI
sat tan in the presence of Frank Il. Twon
on5 Joseph L. Weiss. competent witness
who have signed with the appearers
te me. the notary, after reading the Mn
Witnesses: +. L. Twomey, j. Il; we
COriginal Signed) Frank HAWKINS ,
shares, per pro Reuben U. Emer!
f, Hickey, $50 shares, per pro heuoeh
FELIX ]. DREfFOUS;,
:. Notary Publ,