The herald. [volume] (New Orleans, La.) 1905-1953, 1920-12-16
CHARTER.

until their successors are chosen and
qualified.
thOrized to frame and adopt bylaws, rules
and regulations as the affairs and bust
ness of the company may require. and II
may deem necessary for the conducting
and management thereof. provided, IN"
same does not conflict with TINS tharitr
and the laws Of the State of Louisiana.
and those of the United States Of America
to name and appoint managers. fix their
compensation and terms OF employment,
as wcll as name and appoint agents ana
employees. as in It's discretion may seem
tit and proper, as well as to fix the salaries
and terms Of employment of the officers
employees. clerks and assistants.
ARTICLE NIII.-The Board Of Directors
is specially vested with the power to ac-
quire and purchase such property or bust
ness. or good will. or all of theS" from in
dividualS. firms or other corporations. a
said Board of Directors may deem adviS-
able and proper. and at such pric" and
on such terms as they deem best. and to
pay therefor in the capital stock OF this
ARTICLE IN.-NO stakeholder shall
ever be held liable or responsible for the
contracts, faults. or debts of this corpora
ton, nor shall any mere informality in Its
organization, have the effect OF rendering
| this charter null, or Of exposing its stock
| holders to any liability beyond the un-
| paid balance on the stock owned by them.
| ARTICLE N.-Thc names and post once
addresses of the subscribers to these ar
| ticles of incorporation and the number
| of shares of stock subscribed for by each,
| are as follows: Herman Lesser. 800 De
| catur St. New Orleans, La. 12j shares
| Robert Frederick, 800 Decatur St, New
| Orleans. La, 80 shares; Jake Kahn, 3W
| Decatur St. New Orleans, La, 80 shares.
| ARTICLE NI.-All stockholders meet.
inCS for the election of Directors. as abOv,
stated. shall be held after fifteen day.
| written notice mailed to each stockholdcr
Other stockholders meetings may be hello
| hon ,rH. hN- hn Directors
| or when requested by ut least twenty-five
(2j) per cent of the outstanding stock
Notice of all stockholders meetings. othe
| than adjourned meetings. shall be i'll tn
manner prescribed for stockholders meet
ings for the election of directors, unless
such notice is waived by unanimous con
sent.
! ARTICLE XU-ThiS charter may b.
amended. altered or changed, at a specia
meeting of the stockholders called for tina
| purpoSe-nOtice of which is to be giveI
in accordance with the provisions of thi
charter.-by the vote of twO-thirds of al
the capital stock.
. ARTICLE NIII-This charter may b.
dissolved by the vote of twO-thirdS of al
its outstanding capital stock. and upol
| complying with the requirements of Sec
tiOn IS of Act 267 of the Louisiana Legis
lature for the year 1914, and in the even
| of such dissolution. two liQuiaatOrS shall
be named and appointed with all tn
necessary powers and authority-au II
the manner and as provided by said legls
| lative act.
Thus done and passed, on the day an
date first abvoe written, in the presenc
| of Messrs. William +. COnkertOn an
Arthur ]. Ryan, competent witnesses
r dOmiciliated in the City of New Orleans
, | La, who signed these presents tOgethe
with the parties. and me. Notary. after
4 due reading of the whole, the parties here
to fixing opposite their respective name
their subscriptions to the capital stock q
this corporation, which shall conStitut
q the original subscription list of stock /
! this corporation.
: ORIGINAL SIGNED:
Herman Lesser, 12J shares. Sl2.5OO; Jak
Kahn, per Herman Lesser, 30 shares, 81
, coo: Robert Friedrich. 12j shares $l2.5OO.
q Witnesses: VIM. f. COnkerton, Arthu
h j. Ryan.
= Notary Public.
a /, the undersigned, Recorder of Nor
= cages, in and for the Parish of Orlean
= State of Louisiana, do hereby certify thu
n the above and foregoing Act of IncOrpOri
= | ton of the PanAmerican Cigar Co.. Inc
= | was this day recorded in my office
! Book. 1916, folio -. New Orleans, Ii
y November, 1920. -
(SIGNED) EMILE J. LEONARD,
by. Il.
A true copy OF the original on file
my office, together with the certificate
the Recorder of Mortgages thereon.
(SEAL) EDGAR NJ. CAIN.
% Notary Public.
- Nov 25-Dec 80.