The herald. [volume] (New Orleans, La.) 1905-1953, 1920-08-26
CHARTER OF PELICAN CRACKER
FACTORY, INCORPORATED.

United States of America, State of Lou
isiana. Parish of Orleans. Be it known,
That on this twelfth day Of July. in the
year of Our Lord one thousand. nine hun
dred and twenty.
Before me. Francis z. Burns. Notary
Public in and for the Parish of Orleans.
State of Louisiana. duly commissioned and
qualified, and in the presence Of the I'M
dersigned 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 availing them
selves OF the laws of this State relative to
the organization of corporations, and more
especially of Act 267 of 1914, p. 52l, OF the
legislative acts of this State, they have
covenanted and agreed. and by these pres
ents do covenant and agree for themselves
and their successors and assigns, to form
themselves into a corporation and body
polite for the objects and purposes and
under the stipulations hereinafter set
forth, tO-wit:
ARTICLE 1.-The name and title OF this
corporation shall be PELICAN CRACKER
FACTORY, INCORPORATED" and under
such title 1t shall have and enjoy success
sion fer a period of ninety nine years from
date hereof. and shall have power and au-
thority to contract sue and be sued. make
and use corporate SEAL the same to
break and alter at pleasure; to hold. sell,
lease, mortgage. hypOthecate or pledge
property. real. personal or mixed, neces-
sary, incidental or proper fo- the carrying
stock In any other company or companies
that may assist this company in It's objects
and purposes: to make and issue notes and
certificates of indebtness; to name, elect
and appoint managers, directors and clerks
or other employees to properly conduct its
corporate business, and to make such by
laws. rules and regulations as may be
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
isiann, where all citation and other legal
process shall be served upon the president,
or In the absence of the president, upon
the vice-president, or in the absence of
both, upon the secretary.
ARTICLE III.-The objects and purposes
of this corporation are hereby declared and
stated to be:
To carry on business as manufacturers of
and dealers in crackers, bread, flour, bis
cults, cakes. pies, pastry and farinaceous
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-
plisnces suitable for such baking, manu-
featuring and dealing.
ARTICLE IV.-The capital stock of this
corporation Is hereby fixed at the sum OF
one hundred and fifty thousand (S150,-
0OllarS, IlIIceH nun
dred (15OO) shares of the par value Of one
hundred ($1OOOO dollars each, provided
that the amount to which the capital stock
Of this corporation may be increased shall
be one million $1,000, 000.oO) dollars.
Fifty per cent of the capital stock of this
corporation must be subscribed for before
the filing Of the articles of Incorporation.
The subscribed capital stock Of this cor
poration shall be payable In cash or in ex-
change for property, real or personal.
No stakeholder shall ever be held liable
or responsible for the faults, contracts or
debts of this corporation in any further
sum than the unpaid balance due the cor
poration on the shares Of stock subscribed
for by him, nor shall any mere informality
in the organization have the effect of rem
dering this charter null or Of exposing any
shareholder to any liability whatsoever.
This corporation shall not engage in
business until fifty thousand ($5O,OOOOO)
dollars of the capital stock shall have been
issued and actually paid in either cash or
property, as aforesaid. II any of the stock
Of this corporation is exchanged, in whole
or in part, for property pr good will, in
that event the provisions Iof Section three
(3) Of Act 267 Of 1914 shall be strictly COM
piled with.
ARTICLE v.-All the corporate powers
of this corporation shall be vested In and
exercised BY a board Of directors, COM