The herald. [volume] (New Orleans, La.) 1905-1953, 1920-01-22
CHARTERS.

availing themselves Of the provisions of
| the general laws Of the State of Louisiana
providing for the organization of corpora
| tions, and especially Act 267 of the Acts
| of 1914, they have cOvenanted and agreed
and do by these presents, covenant. agree
and bind themselves, as well as all such
persons as may hereafter become associ-
ated with them, to form and constitute a
corporation and body polite in law, and
| to that end they state the following mat
ters and things, and execute and adopt
these articles of incorporation, as follows
| tO-wit -
ARTICLE 1.-The name of said corpo,
ration shall be Pan American Bakeries
| Co.. Inc"
ARTICLE 1.-THE purposes for which
said corporation is formed are: to carry
| on the bakery business in all its branches
under the Barker System of Bakeries, in
| the State of Louisiana or elsewhere; TO
| buy and sell privileges to operate under
the Barker System of Bakeries, and to do
| any and all other acts and things neces-
| sary or proper to accomplish the objects
| and purposes and to successfully carry on
the business of said corporation.
| ARTICLE III.-The amount of the capt.
! tai stock of said corporation shall be,forty
| thousand dollars ($40, 100000 all of which
| shall be common stock and none of which
shall be preferred stock.
| ARTICLE lN.-The amount to which the
capital stock of said corporation may be
| Increased shall be one hundred thousand
dollars (S100.OO0).
ARTICLE V.-The number of shares of
which said capital stock of forty thOus-
and dollars (S4000O00) of said corpora
| tiOn shall consist shall be four hundred
| shares 400 of the par value of one hun
| dred dollars (S1OO.OO) per share, the shares
| of said corporation to remain at one hun
| dred dollars (S1O000) in the event of the
| increase of the capital stock of said cor
J poration beyond forty thousand dollars
| $40, 100000.
| ARTICLE VI.-The location of the domi
cile of said corporation shall be in the
City of New Orleans, in the Parish of Or
| leans, in the State of Louisiana.
ARTICLE VII.-The period of duration
of said corporation shall be one hundred
ARTICLE yIII.-The number of direc-
tors of said corporation shall be six. The
| officers of said corporation shall be those
provided for by law, and such other Off
| GERS as may be provided for by the by
| laws. The names and post office ad-
| dresses of the directors of said corpora
ton who are selected to serve for the
| first year or until their successors are
elected and qualified shall be as follows,
| to-wit Bernard X. Smith, Birmingham,
| Ala, W. ID. Rollins, Jr., New Orleans, La,
\. Sterling Armstrong. New Orleans, La,
Henry T. Bum, New Orleans, La. Robert
=. Hyams. New Orleans. La, and ii. NJ.
! Brooks Birmingham, Ala, with Bernard
X. Smith, Birmingham, Ala, as president
] Robert p. Hyams. New Orleans. La. first
vice president; Henry T. Bum, New Or
Armstrong, New Orleans, La, as secre-
| tary, 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
| ticles 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. X. Smith, Birmingham,
| Ala, fifty 500 shares, par value five thous-
and (S5,OO0.OO) dollars; w. ID. ROllils, Jr.,
New Orleans. La. forty (40l shares, par
value four thousand (S4,OO0OO) dollars :;
Sterling Armstrong. New Orleans La,
thirty 1907 shares, par value three thous-
and ($3,OO0.O0) dollars; Henry L. Bum.
New Orleans, La, thirty 500 shares, par
value three thousand (S3,OOO.OOl dollars
Robert p. Hyams, New Orleans. La, thirty
| 800 shares, par value three thousand 49,
0OOOO dollars; ii. NJ. Brooks, Birming-
ham, Ala, twenty five (25) shares par
value twenty-five hundred tS2,500.0O) 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 said 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
| er 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
q - a. 81 NsnW. hall
be held annually on the second Tuesday
of November.
ARTICLE XII.-The President, the Vice
President, and the Secretary, and the
Treasurer shall be authorized to receive
service of all legal process.
ARTICLE XIII.-Whenever this corpora
ton shall be dissolved either by lipita-
ton or from any cause its affairs shall
be iquidated by three commissioners to
be appointed from among the stockhold-
ers, at a general meeting of the stock
holders convened for such purpose. OF
which meeting notice in writing shall be
given, to be mailed at least ten (1O) days
before the date of meeting, addressed to
each stakeholder at his last known place
of address, but such meeting may be held
without delay and without notice. If all
delay and notice of the proposed meeting
be waived in writing by all the stock
holders. A majority in amount of three
fourths of the outstanding stock of said
corporation, present and represented, at
Suc0 sndll De 10 eltcl
commissioners. Said commissioners shall
remain in office until the affairs of said
corporation shall have been fully settled
and liquidated, and in case, from any
cause, a vacancy or vacancies occur among
said commissioners, the remaining COM
missioner or commissioners, may fill the
vacancy or vacancies.
Thus done and signed. in my office, in
the City of New Orleans, in the presence
of James K. Zuntss and Asahel w. Cooper,
competent witnesses, both of this city, who
have hereunto signed their names with the
said appearers to these articles of incor-
poration and me, Notary, on the date and
day first above written, and the said sub
scribers do hereby subscribe for and agree
to pay for the number of shares set op-
pOsite their several names.
(Original signed):
X. =. HYAMS,
Thirty (3O) Shares
STERLING ARMSTRONG,
Thirty 500 Shares.
W. ID. ROLLINS, JR.,
Forty (4O) Shares.
BERNARD r. SMITH,
Perpro W. ID. Rollins. Jr.
Fifty 500 Shares.
Perpro w. ID. Rollins. Jr.,
Twenty-Five (25) Shares.
III. T. BUM.
Thirty 500 Shares.
Witnesses:
James +. cunts,
A. W. Cooper.
CHARLES SCHNEIDAU,
Notary Public.
(SeaD
1, the undersigned, Recorder of Mort
in ha ri nf nrIa