The herald., 1920-03-18
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-
yenience 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 eNpedient.
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 uI.-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 sale
/ of the products of the Company; and gen
1 orally to do and engage in every other
! business, undertaking or enterprise con
/ nected with, or growing out of, germane'
| or incidental to, any of the purposes here
| inabOye set forth or contemplated by TINS
| charter.
! ARTICLE Iv.-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 or
one hundred dollars each. All shares OF
stock shall be full paid and non-aSSrSS-
able No transfer of stock shall be blnd-
ing upon the corporation unless made
upOn its books and all certificates Of
| stock shall be signed by such Officers as
may be designated by the Board OF III
| rcctOrs.
This corporation shall have the right
10 increase its capital stock to fur
Their sum of Five Hundred Thousand Dol
lars. to be divided into shares OF one
hundred dollars each, provided Sald IN
crease in the capital stock shall have been
authorized by the stockholders at meet
ing to be- held pursuant TO the provisions
of Article V of this charter
ARTICLE N.-All the corporate powers
| of the Company shall be vested IN. ana
tho management and control of its affairs
shall be exercised by a Board or directors
composed of three stockholders. the mem
bprShip of which may he increased To-
= | number not exceeding seven, by the BOard
of Directors at any of its regular meet,
ingS y majority of the directors Snal
} constitute quorum TOT the IrauSan'lv vi
= of all business. The directors shall Dt
elected annually by ballot on the second
= Tuesday in March in each year. Eacl
stakeholder shall he entitled, in person OIL
by proxy. to Il vote for every snare oWhrI
/ BY him. and all elections shall be helt
% nnder such rules and regulations as may
| be- determined by the Board of Directors
= after fifteen days notice by man %
p such election shall have been sent 10 eaci
f stakeholder ut his last known address
2 The directors thus elected shall continue
in office for one year. or until their sue
D ceSsorS shall have been duly elected dh'
: qualified. No failure TO elect shall be re
I garded as n forfeiture of TINS charter
ANY vacancy occurring on SAID bOar'
shall he filled by the remaining director
( for the uneXpired term; the salu boar'
a shall likewise elect the additional mem
= hers in case they should determine 10 III
q crease the number of said Board Sal,
!, Hoard of Directors at its first meeting M
r ter its election. nominate out or It's mum
?. Der. a President, a LIST Vice President an,
| a 2nd Vice-President. SAID Board shal
: also appoint a Secretary Wn
mood not be either stakeholder or oil
= rector OF the Company, ana Sald soar
shall have the right to appoint anu ulS
miss such clerks. managers ana othtr en-
| ployees of the corporation, as couul'lon
may iustify or the business OF the cor
poration may require. The tenure OF vi
flee of all the employees OF the cOrpoTatlo
= shall be during the pleasure OF the bUaI
F of Directors. Any of the directors sha
have the right to appoint, by written III
:, strument another director or Stockh"iut
t to act as his proxy and in MS steaI
II any and all meetings of the Boaru
| Directors. $3.50, H.
II ever be held liable or Responsible tor u
l. contracts faults or debts of SAID cErpor;
3 ton nor shall any mere lhtorInahls
d its orpaniZatiOn have the effect OF rehu'I
y ING this charter null. or OF exposing
K stakeholder to any liability beyond u
4 unpaid balance due on the SHARES OWN
q by him. e ,rro-
in tion may be changed, modified or alttre
le or this corporation may be dlssolNt
:. with the assent of the StOchhoIHeIS Wv wv
Of ing two-thirdS of all the stock Oh the 20
ia marathon ut a general meeting cOhNeh'
he for that purpose and after AT least u
pr DAYS written notice OF TINS meeting III
ye been given through mail addresseu
'k each shareholder at his last kn3mH pa
IN of residence In case of dissolution
X tho eXpiration of this charter or othe
Is wise the stockholders shall erect lhr
V. Ii0uidators from among their hunpeI'
j. liGuidate and settle the business ahI a. |,
~ fairs of the Company. In case OF dea
II. or disability of any one of SAID comm
at sioners or liquidatOrs, the SURVIVORS,
Of the remaining liquidatOrs, snah appSlHo
i'd successor to him. The sara nq nun az,
c., shall have full power to settle SAID toi
al nany's affairs, collect outstanding dep,
ne sell and convey property, pay It's ueul
nd and divide the remaining money al al
u property among the stockholuers. ~ -
id | Shall also have power to meet anu a
Id under the bylaws of the corporation al
e. nnder regulations to be made by III
iority Of said liquidators to tiN the pr
id and prescribe the terms OF sale al 90 "a
t. nroperty. and the manner in whlch |
lg sale shall be made, and take notes az
r bonds secured by mortgage ana olhs
he wise for part of the purchase price
al all or any part OF sald proPe perrin 90 90
lie farred upon the liquidators may pc mo-
ne fiad changed or denied by a majority
be tho shares of the capital stock or the CO
marathon. The said liquidators shall ma
of IPnthoritv 70 sue for and recover the DER
he nd nronerty in the name of the corpor
M ton and NAV be sued by the same nan
ed | md they shall be liable in solldo 10 "a
ar croditor or stakeholder for the NOM
rs | on5 nronerty of the corporation VIM
IN. | sbau come TO their hands or poSSeSsl
It's as Iiouidatrs and for the proper apPll'
or ton and distribution Thereon. -.
ar ARTICLE VIII.-The entire caPl
or stock of this corporation has Deeh su 81
It's scrihed at the time of the signing Oh u
lis charter as follows, viz: FRANK nav MI nj!
whose address is care Citizens ana Sou'
ey ern Bank, Atlanta, Ga, 800 shares Jan ni
id n Hickey. whose address Is care II
ITO mont Hotel Atlanta, Ca, 3Jo snare
h. and Reuben o. Emery, whose auuresI,
he 3O6 Raronne Street, New orleahs'
all 300 shares. - .,oo,;o, IN
ial held in March, 1921, the 1ollo"I niso 80
re- constitute the first Board OF DlreCto
pw VIZ. Frank Hawkins, President; Jan
M u Hickey LIST Vice President; ana IL
ID 10, N Emery 2nd Vice-President.
he Tbus done and passed in my office,
les the dav. month and year. first above WI
set ton in the presence of Frank Is. iWon
and Joseph l.. Weiss, competent witness
who have signed with the appearers
te me the notary. after reading the Wht
Witnesses: +. II. Twomey, j. IL; Mei
(OriginaI Signed) Frank HAWKINS ,
shares. per pro Reuben q. Emery )
F. Hickey, $50 shares, per pro heuoeh
Emery: Reuben o. Emery, 300 shares.
FELIX J. DRE1FOUS: