The herald. [volume] (New Orleans, La.) 1905-1953, 1920-08-12

isiana. Parish of Orleans BE it known
That on this twelfth day of July, in the
year of Our Lord one thousand, nine nun
dred and twenty,
BEFORE me Francis T. Burns, a Notary
Public in and for the Parish of Orleans.
State of Louisiana duly commissioned and
qualified. and in the presence OF the I'M
derSignCd witnesses,
Personally came and appeared the sew
eral persons whose names are hereinafter
subscribed of the full age Of majority.
who declared to me that, awaiting them
selves of the laws of this State relative to
the organization of corporations, and more
especially of Act 26I of 1914. p. 81, or the
legislative acts of this state. they nave
covenanred and agreed. and by these pres
ents do covenant and agree for themselves
and their successors and assigns, to form
them selves into corporation ana bOdy
polite for the objects and purposes ana
under the stipulations hereinafter set
ARTICLE 1.-The name and title of this
corporation shall be "PELICAN CRACKER
FACTORY. INCORPORATED" and under
such title it shall have and enjoy success
sion for a period of ninety nine years from
date hereof and shall have power aud au-
thOrity to contract, sue ana be sued, make
and use a corporate seal. the same "a
break and alter at pleasure: to hold. sell
lease. mortgage, hypOthecate or pledg,
property, real. personal, or mixed, ncceS-
sary. incidental or proper TO- the carrying
on of its business: to buy and to hold
/ stock i'm any other company or companies
/ that may assist this company in IFS objects
/ and purposes; to make and issue notes anC
certificates of indehtneSS; to name, elec
and appoint managers. directors and clerks
/ or other employees to properly conduct it,
| corporate business, and to make such by
| laws, rules and regulations as may III
! found necessary or desirable for the man
| agement and business of this corporation
| and generally to do every other act, mat
| ter or thing necessary for the complete
| and proper carrying out of said business.
| ARTICLE 1.-THE domiciIe of this cor
pOration shall be In the City of New Or
! leans. Parish of Orleans, State of Lou
isiana, where all citation and other lega
| process shall be served upon the president
or in the absence Of the president. upol
the vice president. or in the absence o
| both. upon the secretary.
| ARTICLE III.-The objects and purpose
of this corporation are hereby declared an'
stated to be:
To carry on business as manufacturers o
| and dealers in crackers bread, flour, bis
cults cakes. pies. pastry and farinaceou
compounds and materials Of every descrip
ton. To construct. acquire. hire, hold
work. let and sell mills, factories, bake
houses shops buildings, machines and ap
pliancpS suitable for such baking, manu-
featuring and dealing.
ARTICLE IV.-The capital stock of mi
corporation is hereby fixed at the sum o
one hundred and fifty thousand C$15O.
OOOO0) dollars. divided into fifteen hun
dred C1JOO shares of the par value of on
hundred (SlOOOO) dollars each. provide
that the amount to which the capital stoc
of this corporation may be increased sha
be one million (S1.OOO.OoOo) dollars.
Fifty per cent of the capital stock of thi
CORPORATION must be subscribed for befOr
the filing of the articles of incorporation
The subscribed capital stock of this col
pOratiOn shall be payable in cash or In eN
change for property. real or personal
No stakeholder shall ever be held liabl
| L. Cor fha a
debts of this corporation in any furthe
sum than the unpaid balance due the COZ
pOratiOn on the shares of stock subscribe
for by him. nor shall any mere Informant
. in the organization have the effect OF rel
. derinC this charter null or of exposing an
, shareholder to any liability whatsoever
This corporation shall not engage
, business until fifty thousand C$0OOooW
I dollars of the capital stock shall have bee
| issued and actually paid in either cash
: property. as aforesaid. II any of the sto'
of this corporation is exchanged in who
! or In part, for property or good VIII.
' that event the provisions OF section thr
\ CD of Act 267 of 1914 shall be strictly cor
= piled with.
{ ARTICLE V.-An the corporate powe
3 of this corporation shall be vested in al
n exercised by board of directors, cor
= posed of five 90 stockholders: each
!, whom shall own. in his own right; 1url m
! his term of office. at least one full-pa
( and unpIedged share of the capital stoc
d which shall be shown by his writt
]. | declaration. three (3) of whom shall co
d stitute a quorum for the transaction
= business.
The officers Of this corporation shall co
sist of a president, a yice-president seer
: tary and treasurer, all of whom shall
o members of the board of directors. L
| offices of president and treasurer may
! held. if desired, by one and the sar
T person.
The following named persons shall co
n stitute the board of directors Of this &C
a poration, to-wit:
Q Henry II. Flaspoller, John T. GibboI
q Jr f. J. Domergue. David Sivewright a
r.. NJ. Schlegel with Henry H. Flaspol!
as president and treasurer, John t. Gil
!. hons. Jr., as ice-president. and Il.
e Domergue as secretary, and these directC
: and officers shall serve until the seco
q Wonday in July in the year 1921, or un
l, their successors have been duly elected
qualified.
Thereafter, the directors shall be elect
annually on the second Monday in July
Is each wear, beginning with the year ~.
(, ali elections of directors shall be by bal
III and each stakeholder shall be entitled
ie one vote for each share Of stock standl
De in his name on the books of the corpo
Df ton this vote to be cast in person or
q, the stock present or represented to eiec'
10 Failure TO elect a board Of directors
sc the second Monday Of July, 1921, or
% nually thereafter. shall not work forf'
~ ure Of this charter, but the old board
"a directors shall remain In office until ID
~ successors are elected and qualified.
rs ARTICLE vI.-The board Of direct
to shall hold regular meetings at such I'll