The herald., 1920-12-23
CHARTER.

qualified
said Beard Of Directors is further an.
thorIz"d 10 fran" and adopt bylaws. rule,
ana regulations aS the affairs and bust
ness OF the company may require. and il
. may deem necessary for the cnuductiu.,
ana management thereof provided The
same does not conflict with this charter
and the laws Of the State of LoUi>i.u,
/ ana those of the United States of A-urric: .
/ L" nam" and appoint managers fix rL,ir
} COMPENSATION and terms OF employment.
! rs Wen a. nam" and appoint agents and
/ employees. a. in it, discretion EIgy seem
1 NJ ana proper. rs well as 10 fN the salaries
/ 'hu terms 81 employment of the officers
| employees. clerks and assistants
! ARTICLE NIII.-Tha Board of Directors
l. specially vested with the power 10 no..
Pulfe ana purchase such property or busi-
| ms; or good Will or all of the>r from in
uiElduhIS, hrm> or other corporations a.
SAID Board of Directors may deem adyis-
ahIe and proper. and ~ such price ANA
I on suIh terms as they deem best. and 10
| pay therefor in the capital stock of nil
| corporation or otherwise
ARTICLE 1N.-No stakeholder shall
ever he held liable or responsible for tho
contracts ta1its. or debts Of this corpora
I"h. nor snail any mere infOrmalitv in irS
organization, have the effect of RENDERING
inns chart"r null. or Of exposing its stock
holders to any liability beyond the IN.
Paiu halance on the stock owned by th.u
ARTICLE N.-The names and most orire
addresses of the subscribers to these ar
ucles Of Incorporation and the number
OF shares of stock subscribed for nv zach
art as follows: Herman Lesser. 800 De
catur ST. New Orleans. La 12J shares.
Kohert Frederick, 800 Decatur St, New
1yrItahS' La, 10 shares; Jake Kahn. 300
hecatur St. New Orleans, La. 30 shares
ARTICLE NI.-AH stockholders meet
lngS. for the election of Directors. as above
stated. shall be held after fifteen DAYS
NIttth hohce mailed TO each stOckhOldcr
other stockholders meetings may be held
When ordered by the Board of Directors
OF When requested by at least TWENTY-FIVE
H=1l per cent Of the outstanding stock
NOtlce or all stockholders meetings other
than adjourned meetings shall he in rho
manner prescribed for stockholders meet !
ingS for the election Of directors unleSs |
sent. ""
ARTICLE XII.-This charter NAV be |
amended, altered or changed M a Snaci,I 4
meeting OF the stockholders called for that |
purpo>e-nouce of which is TO be given
IN accordance with the provisions of This
'harter'-hy the vote of two.thirds of all |
the capital stock.
ARTICLE NIII.-This charter NAV be-
dissolved by the vote of two-thirdS Of All
It's outstanding capital stock, and upon
complying with the requirements of Sec |
non . OF Act 26I of the Louisiana LegiS-
Itture Tor the year 1914, and in the event
OF such dissolution, two liquidators shall
oe named and appointed with all the
necessary powers and authority-aU in
lative act.
, Thus done and passed. on the day and
date first abvoe written, in the presence
OF MesSrs. William +. Conkerton and
hrtnur .. Ryan. competent witnesses
1omiciliated in the City of New Orleans
La.; who signed these presents together
Nlth the parties. and me. Notary. after a
Tue reading of the whole the parties here |
% hNlng opposite their respective names
.helr subscriptions TO the capital stock of ,
ms corporation, which shall constitute :
ne original subscription list of stock i'm |
his corporation. :
(ORlGINAL SIGNED):
Herman Lesser, 12J shares. S125OO: Jake q
Nahn. per Herman Lesser 30 shares 81 .
V0; Robert friedrich. 125 shares So 500 q
witnesses: Vim. +. Conkerton, Arthur d
7. Ryan. a
EDGAR VI. Calm. G
Notary Public. !
l. the undersigned, Recorder of Mort '
ages, IN and for the Parish of Orleans h
tate OF Louisiana, do hereby certify that s
ne above and foregoing Act Of IncorpOra- a
ION or the PanAmerican Cigar Co. Inc. 6
vas this day recorded in my Office in =
:ook, l2i6, folio -. New Orleans, La. G
november. 1920. d
tSlGNED) EMILE J. LEONARD. q
true copy of the original on file IN Q
ny Office. together with the certificate of 9
he Recorder of Mortgages thereon d
(SEAL) EDGAR NJ. CAIN y
Nov. 25-Dec. 80 'io' i