The herald. [volume] (New Orleans, La.) 1905-1953, 1921-05-12

| CHARTER OF GEORGE MOROY CIGAR
| AND TOBACCO COMPANY. INC.
| State of Louisiana, Parish of Orleans.
City of New Orleans. lie 1t known, that
| on this 9th day of April, in the year of
| our Lord, Nineteen Hundred and Twenty
| one, and of the Independence of the United
States of America the One Hundred and
| Forty Fifth; Before me, Warren V. Miller,
a Notary Public, in and for the Parish
| OF Orleans, Louisiana, and In the pres
| ence of the witnesses hereinafter named
and undersigned, personally came and APP
| peared the several persons whose names
are hereinafter subscribed all of full age,
VINO declared unto me- Notary, that avail
ing themselves OF the Laws of the State
| of Louisiana relative to the organization of
| Corporations, they do by these presents
| contract, agree, covenant stipulate and
bind them selves, as well as such persons
as NAV hereafter become associated with
| them, to form and constitute a corporation
and body polite in law, for the objects
and purpoces and under the stipulations
hereinafter set forth. to-wit:
| ARTICLE 1.-The name and title OF this
Corporation shall be- George Moroy Cigar
and Tobacco Company, Inc, and under
such title, 1t shall have and enjoy sue
cession and existence, for period of
ninety-nine years from date hereof; the
| domicile of this corporation shah be in
the City OF New Orleans. State iof Louis
lana, where all citations and other legal
process shall be served upon the President.
or in his absence upon the Vice President
or in the absence Of both President and
Nice-President upon the Secretary.
ARTICLE 1.-THE capital stock of this
Twenty Thousand Dollars (S20,OOO.OO). all
Of which shall be divided into and repre-
scented by Two Hundred Shares of the
par value Of One Hundred ($1O0.O0) Dol
lars each. Stock may be paid for in
money, in services rendered to the Corpora
ton, or in property and good will regu-
larry transferred to the Corporation, all
as shall be determined by the Board of
| Directors.
ARTICLE III.-The objects and pur-
poses OF this corporation and for which
| II is organized, are hereby declared to be.
| TO purchase and sell, both at retail and
| wholesale, cigars, tobacco, smokers sup
| plies, and like articles; to do a general
lobblng and mercantile business; to main
| establishments for the sale of the COM
mOdities in which this concern may deal /:
| to buy, and sell at either wholesale or
retail all commodities generally handled
| In the general business of jObbing in the
cigar and tobacco line, as well as those
| things generally handled in the corporation
or retail cigar and tobacco stores, and to
| maintain and operate any and all such
accessories as are generally found in retail
cigar stores; and in general to do any
and all acts pertaining or germane to the
above and foregoing purposes.
| ARTICLE IV.-It is further a part of
mutual agreement under which the stock
holders herein have entered into and form
ed this corporation, and which is made a
binding covenant between them, their
| heirs, assigns, administrators, associates
and successors each party hereto contract
| ing, covenanting and binding himself,
heirs and assigns that each and every
| stockholder before being allowed to make
any sale Of stock owned by him in this
| Corporation, must and shall first offer
same to the stockholders then of record,
at price not to, exceed the value thereof.
nES nf hfc
poration. which said offer shall be open
for period Of fifteen days, and such
stockholders as desire to purchase said
stock shall be permitted to purchase a
proportion Of the stock SO offered, in ac-
cordance with the amount of stock he
holds In proportion to the total amount
1t is understood that at the expiration of
hfteen days from such offer of sale by
the stakeholder, the selling stakeholder is
relieved of all disabilities imposed upon
him by this article. 1t is further mutually
covenanted and agreed that this article
cannot be amended without the unanimous
consent of all stockholders of record.
ARTICLE V.-The corporate powers of
| this corporation are expressed and set
forth by Section seven of Act 267, of the
Louisiana Legislature, for the year 1914
and all corporate powers shall be duly en-
ployed by and vested in board of three
Directors. majority of whom shall con-
stitute quorum for the transaction of
| all business. The first Board of Direc.
tors shall eonsist of and be George Mo-
roy: ZOO Magazine St; Henry p. Pfeffer,
200 Magazine St.; George III. Mics, 1900
Magazine St., and from said Board there
shall be elected three officers, namely n
tary- Treasurer and George Moroy shall
be President Henry p. Pfeffer, Vice.
President, and George H. Mes, Secretary
Treasurer. and the said directors and of
Monday in June, 1922, or until their sue
cessors are elected and qualified. Meet
ings Of the stockholders for the election
S St directors Mn shall be held yearly. on the
year 1922; the Board of Directors shall
have the right to elect without reference
to stockholders meeting, any stockhold-
shall exist, on the Board of Directors,
through death or resignation. The duties
of the several officers shall be set forth
may be adopted by the Board Of Directors,
and amended or altered at their will
| ARTICLE VINO stakeholder of this
corporation shall ever be liable for any
debt of the corporation other than the un.
stock; and no informality herein shall
| subject them to such liability.
| ARTICLE VII-Amendments to this
CHARTER or LIQUIDATION of the corporation
Act 267 of the Louisiana Legislature. of
| 1914. The, capital stock of this corpora
ton may be increased by amendment to
any sum declded Dy the stockholders, but
not to exceed the sum of One Hundred
Thousand S100O00.00) Dollars.
| Thus done and signed, on the day and
date first hereinabove written, In the City
OF New Orleans. in the presence of c. o.
Sperier and Prentice e. Burlington, Jr.,
competent witnesses, and me, Notary, after
| due reading of the whole; the subscrib-
ers setting opposite their names the
amount of stock they subscribed for max
ing this an original subscription list.
{ Original Signed) Geo. Moroy ,916 Sec
/ ond St. New Orleans, La, one share :
Henry p. Pfeffer. 821 st. Andrew St, New
Orleans, La, one share; Geo. H. Mes.
1923 Prytania St., New Orleans, La, one
| share.
| (Signed)
Witnessec: c. o. sperier, Prentice E..
| Burlington. Jr.
Isigned) WARREN V. MILLER.
| Notary Public.
l. the undersigned. Recorder of Mort
cages, in and for the Parish of Orleans.
State OF Louisiana, do hereby certify that
| the above and foregoing act Of incorpora-
ton of the Geo. Moroy Cigar and Tobacco
Co., Inc, was this day duly recorded in
my office in Book 1858, Folio 395.
New Orleans, April 18th. 1921.
(Signed) ROBT. SCOTT, by. Re.
| A true copy Of the original on file in my