The herald. [volume] (New Orleans, La.) 1905-1953, 1920-01-15
CHARTERS.
TvR OF THE PAN AMERICAN
CHAn RAKERIES CO., INC.

OF 10 and in the presence of the wit
qusn Hereinafter named and undersigned.
nssonaIly came ana appeared the sew
persnsrsons whose names are hereunto
efh md who severally declared that,
suos,r Themselves of the provisions of
sSasa laws of the State of Louisiana
me ssding for the organization OF corpora
Pros and especially Act 26I OF the Acts
tons ,s,i they have covenanted and agreed
H nv these presents, covenant, agree
sno ~ G,S themselves as well as all such
apo as may hereafter become associ-
with them, to form and constitute n
aIeo oration and body polite in law, and
ofpsat end they state the following mat
10 ina things, and execute and adopt
Ter .o articles of incorporation, as follows,
to,pTICLE 1.-The name of said corpo,
..,;on shall be Pan American bakeries
CO. TICLE 1.-THE purposes for which
a corporation is formed are: to carry
,hs bakery business in all its branches,
On ssr the Barker System of Bakeries, in
Wv state Of Louisiana or elsewhere; to
INV and sell PRIVILEGES to operate under
ue and all other acts and things neces-
Az or proper to accomplish the objects
nurposes and to successfully carry on
az business of said corporation.
aRTICLE III.-The amount OF the CAPT
- stork of said corporation shall be forty
ltssanssnd dollars $40 100000 all of which
LII he common stock and none of which
IsIl be preferred STOCK
sssspTJCiE IV.-The amount to which the
..nitsl stock of said corporation may be
Erased shall be one hundred thousand
SoIIsrs tsi00,O00).
ooIPTICLE V.-The number of shares of
u,hicb said capital stock of forty thOus-
"a dollars ($i0.000!OO) of said corpora
IAN shall consist shall be four hundred
$3.50 (4OOl of the par value of one hun
ga dollars ($lOOOO) per share, the shares
ssid corporation TO remain at one hun
"a dollars (Sl00.O0D in the event of the
sncrease of the capital stock of said cor
narstIon beyond forty thousand dollars
~HRTiCLE vI.-The location of the domi.
IA of said corporation shall be in the
Sgs, az New Orleans, in the Parish of Or
iss1s in the state of Louisiana.
ARTICLE yII.-The period of duration
Of said corporation shall be one hundred
''sRTiCLE vIII.-The number of direc-
80 ~ said CORPORATION shall be six. The
afficers of said corporation shall be those
nroyided for by law, and such other Off
sers as may be provided for by the by
laws The names and post office ad-
S,asses of the directors of said corpora
lion who are selected to serve for the
srst wear or until their successors are
slscted and qualified shall be as follows,
te-vit:-Bernard r. Smith, birmingham
IA. w. IL. Oi"s "" 1%o
Sterling Armstrong, New Orleans, La,
Harry n. Bum, New Orleans, La. Robert
Hyams, New Orleans, La, and Ii. NJ.
BROOKS, Birmingham, Ala, with Bernard
R. smith, Birmingham, Ala, as president;
Robert p Hyams. New Orleans, La, as first
sice president; Henry Il. Bum, New Or
Issns' La, second vice president; Sterling
ARMSTRONG, New Orleans, La, as secre-
tsry. and W. ID. Rollings, Jr., New Or
leans, La, as treasurer.
ARTICLE IX-The names and post office
addresses of the subscribers to these ar
ficIes of Incorporation and a statement OF
The number of shares of stock which each
subscriber Is to take in said corporation
are as follows :-B. r. Smith, Birmingham,
Ala. fifty (5O) shares, par value five thous-
saa az 0oo'OO) dollars; w. ID. Rollins, Jr.,
New Orleans, La, forty t4Ol shares, par
yalue four thousand (S4,0O000) dollars;
Sterling Armstrong, New Orleans, La,
thirty 1907 shares, par value three thous-
and (s3,O0O.0O) dollars; Henry t. Bum,
New orleans, La, thirty 500 shares, par
value three thousand ($3OO0.O0l dollars;
Robert p Hyams. New Orleans. La, thirty
(sO) shares, par value three thousand (S3,-
OO00O) dollars; ii. NJ. Brooks, Birming-
ham. Ala, twenty-five l25l shares, par
value twenty five hundred tS2,5OO.OO) dol
lars, all shares to be paid in cash.
ARTICLE X.-Each share Of stock shall
be entitled to one vote. There shall be no
cumulative voting.
ARTICLE XI.-The board of directors
Of aid corporation shall be- and are here
By vested with all the corporate powers
Of said corporation, including among
other powers the following, viz: the pow
ef to make, alter and amend suitable by
laws for the government OF said corpora
ton; the power to borrow money, execute
mortgages, issue notes or bonds, to sell or
pledge the same, and generally to do all
things pertinent to, or necessary for the
objects and purposes of said corporation,
or which are or may be permitted by
the laws applicable to corporations,
the above recital of powers granted to the
board Of directors not being exclusive, the
intention being to vest the board of d.
rectors with all such other and further
powers as may be proper to accomplish
the objects and purposes OF said corpora
ton.
The stockholders meeting for the cleo
tea Of directors Of said corporation shall
Be held annually on the second Tuesday
Of November.
ARTICLE XII.-The President, the Vice.
Treasurer shall be authorized to receive
service Of all legal process.
ARTICLE XIII.-Whenever this corpora
tion shall be dissolved, either by limita-
Dc hquidated by three commissioners to
appointed from among the stockhold-
en at general meeting of the stock
holders convened for such purpose. of
snrh meeting notice in writing shall be
sisen. to be mailed at least ten Q0) days
edore the date of meeting, addressed to
esch stockholder at his last known place |
ADDRESS, but such meeting may be held |
sinout delay and without notice, If all
SeAy ana notice Of the proposed meeting |
Se,a waived In writing by all the stock |
nosoers. majority in amount of three |
.oonhs Of the outstanding stock of said |
@rpofation, present and represented. at |
sen meeting, shall be requisite to elect |
1misaoners. Said commissioners shall |
s mIain In Office until the affairs Of said |
s,suon snail have been fully settled !
sno iquidated, and in case, from any |
"a q vacancy or vacancies occur among |
~, commissioners, the remaining COM |
Tscsrs er, or commissioners, may fill the |
nncy or vacancies
ths ~, ca,, zone and signed, in my office. in
AZ fly Of New Orleans. In the presence |
James Z. cunts and Asahel w. Cooper.
kpesent witnesses, both of this city, who
IA nereunto signed their names with the |
po,s,s Lppearers to these articles of incor-
dsv ss., shd me, Notary, on the date and
s,,,A nst above written, and the said sub
"a ~. 90 hereby subscribe for and agree
po.;s. lof the number of shares set OPP
in. ns .neir several names.
"nsinal signed:
X. p. HYAMS,
Thirty (3O) Shares.
STERLING ARMSTRONG,
Thirty 1901 Shares.
W. d. ROLLINS, JR..
Forty (40) Shares.
BERNARD X. SMITH,
rerpro W. ID. Rollins, Jr.
N v Fifty (50) Shares.
n. N. BROOKS.
repro w. ID. Rollins, Jr,
IT Twenty-Five (25) Shares.
d. I. BUM.
Witnesses: fnirty (SO Shares.
sa%ss Z. cunts,
a. v. Cooper.