The herald., 1920-02-12
NJ INCORPORATION OF Z. 1.
AZ yoUNG COMPANY. INC.

% tns ~ M and Of the Independence Of the
uay, States of America the one hun
uSs md forty fourth, before me, Charles
rletchinger, a S1tary fuone; duly
con .srish and State aforesaid, therein
dys,.c and in the presence OF the wit
reele kereiusfter named and undersigned,
~sslIy came and appeared the several
1870 whose names are hereunto sub
peSsd Who declared that, ayailing them
siss ~ the provisions of the laws OF
o.sfe relative TO the formation and
~ ;~sfiou of corporations, they have
1870 ated and agreed, and do, by these
essafs. covenant, agree and bind them
sss,es, a. well as those VINO may here
~ hecome associated with them, to
n.o themselves into corporation for the
ri1 and purposes, with the name and
49, the stipulations following, to-wit !:
s1rICLE 1.-The name and style of
- corporation shall be r. j. Young Com
tn us, Inc. and by said corporate name
tA.i.u have and enjoy existence and sue
h.isn for n period Of ninety nine years.
crisss sooner dissolved, and shall have
~ ne rights, privileges and immunities
-hich are now or may hereafter be grant
hr law to corporations of the same
ss.nd character. and under said cor
~ste name il shall have the power and
rsScrify to contract, sue and be sued, TO
.sls and use a corporate seal, the same
- hresk or alter ut pleasure, and to make
III
sss,,orate management and control
asrICLE 1.-THE domicile Of this cor
.,stion shall be in the city of New Or
go state of Louisiana, and all citations
"a ctber legal processes shall be served
ssen the President, or, In event Of his
sSsepce or inability TO act, then upon any
ssser officer or agent OF the corporation.
~ nreyided by the laws of This State.
ARTICLE IIL-The objects and pur-
.eses for which this corporation Is organ
"a and the nature of the business to be
es,ried on by IL are hereby declared to be
- engage in the business of manufactur-
,ss bread, pies, cakes and other confec-
siens- and TO buy and sell and generally
~ aeal In such manufactured articles,
ssther nj wholesale or retail; to acquire,
m and operate in the city of New Or
txns one or more bakeries and other es-
sshbshments for the manufacture, sale
"a distribution Of its products. and gen
s,slly to do and perform all things incl
SSufsl or germane TO the objects and pur-
eoees bereinbefore expressed.
ARTICLE Iy.-The capital stock OF this
rernoration Is hereby fixed at the sum of
IN thousand $4,000 dollars, divided
isfo and represented by one hundred
l100l shares Of the par value of one hun
irpi $500 dollars each, all of which shall
4 eomfeon stock, and the amount to
Z hereby fixed at tie sum Of twenty five
sSessand dollars. The said stock shall be
irned only for cash or In payment of
nroperty or services actually received by
= rendered to said corporation; said stock
All be fully paid for at the time Of its
issuance and thereafter be worcestershire.
Tifty per cent of the capital stock shall
= snbscribed before the Hing of this act
e incorporation and nifty per cent of the
amount SO subscribed shall be actually
paid in before the corporation engages in
Issiness, and the remainder of the amount
= rubscribed shall be paid in I'm one year
non and after the date hereof The resi-
~ Of the stock shall be issued and paid
for subject to the action of the Board Of
Directors. in conformity with existing
provisions of the law relating thereto.
fhs parties hereto have subscribed for
he number of shares set opposite their
Inactive signatures hereto, so that this
t. sct Of incorporation shall also serve as
he original subscription; the balance Of
Ne capital stock shall be issued and paid
lsr As may be hereafter provided for by
~ Beard of Directors.
ARTICLE V.-All the powers of this
<oeDorati0n shall be vested In and be ex-
<rcked BY a Board Of three Directors.
eai6 Directors shall be bona hde stock
heIiers and shall each own, ut all times,
81 Ienst one full paid, n-pledged share
q stock The first Board of Directors, as
VII a. the officers of the corporation,
shal consist of IL. Palmer Hardie, 2t7
Audubop Boulevard. New Orleans, who
Jackson avenue, New Orleans, who shall
y Vice President; Elmer !. Young. 2S26
LSUeFline street, New Orleans, who shall
y Gecretary- Treasurer. The above named
Bad Of Directors and each succeeding
Doapd shall continue to hold Office for one
M. q until their successors are elected
~ Q1alifed. Failure to elect Directors
q ~ annual meeting, as well as any fail
IN - elect officers at the annual meeting,
GA1ll not operate to dissolve the Company,
eet 0e directors and Officers Installed
{ pAaH continue TO serve until their success
ooFs ere elected and qualified. The per-
sons 70 be hereafter elected Directors for
ubeeouent years shall select from their
>un humber a President a Vice Presi-
~ and Secretary Treasurer. The
boan Of Directors may from time TO time
~ q the business of the corporation
nny dictate, combine any two Of the above
t4ice8 In one and the same person, ex-
NJ that Of President and Vice President.
o. Ne second Tuesday Of January, 1921.
Al eoch year thereafter, the stockholders
<neeins year. the Board Of Directors. as
Vel % the officers already Installed, shall
<ea1inue In Office until their successors
~ eAected and qualified. The election of
plvertsrs shall be by ballot, and the per.
~ receiving the majority OF votes cast
1olIr BE declared elected. For exciting
S U1ecteFs or for any other purpose, each
nele of stock shall be entitled to one vote,
vnC0ef present or by proxy, but no frac-
ooeoI share Of stock shall be entitled to
W. A majority of the Directors voting
q ey one time, in person or by proxy,
Non be required 10 pass any resolution
u o4opt any bylaw, and which. when
= o49pted, shall become valid corporate
- IN case Of vacancy on the Board or
1ooB the officers. from any cause, the
Ne1lng members Of the Board shall
NJ ne power to enact such bylaws.
NJ and regulations as in their opinion
~ - necessary and proper for the man.
1enf, operation and control Of the bus
- q said corporation
ARTICLE vI.-Notice Of all meetings
~ 1er the election of Directors. or for
~ ether .purpose shall be given i'm writ
- ~ the Secretary and may be served
soeeIly or deposited in the mail, adj
- hfteen t1a) days before such
:eg = held, and directed to each stock
le1oeF q Ais last known address. as the
- seei1 appear ON the books Of the cor
suon. unless said notice Is waived In
ng ~ al Of the stockholders appear
spc4 Tie books. At all meetings OF
sneldefs majority of the votes cast
y guhicient to elect or decide all
1ons voted upon, except for the al
MA amendment or the dissolution of
- eerpsration.
akx1CLE vII.-This act Of incorpora-
~ oe altered, amended or modified.
\ eetperatton dissolved, by a vote of
S-11lfes n amount Of the capital stock
nfeo st general meeting of stock
Ss - called for that purpose, after mo-
provided In Article vi Of this char
-. 11e !. case Of dissolution of the COR
. 49, TIE stockholders at such meeting
Z 49, e@c three 81 liquidating commits
sS sEno shall have entire charge Of
y ~ 1lohoetion. with authority to sell
~ 1see o. the assets Of the corpora
S. ;<<t - 20 MI vacancies occurring In
AKxICLE WILMA stccthalaa~ shoyi
( heid liable or responsible for the
~ e faults Of this corporation in
Seer sum than the unpaid balance
eetR0ration on the shares owned