The herald. [volume] (New Orleans, La.) 1905-1953, 1921-05-26
CHARTER OF GEORGE MOROY CIGAR
AND TOBACCO COMPANY, INC.

CHARTER OF GEORGE MOROY CIGAI
AND TOBACCO COMPANY, INC.
State of. Louisiana, Parish of Orleans
city OF New Orleans. lie II known, tina
on this 9th day of April, in the year O
| our Lord, Nineteen Hundred and Twenty
one, and of the Independence Of the United
States of America the One Hundred anC
| torty-Fifth; Before me, Warren v Miller
Notary Public, in and for the Parish
OF Orleans, Louisiana, and in the pres
| ence or the witnesses hereinafter named
ana Undersigned, personally came and ap
| peared the several persons whose names
are hereinafter subscribed all of full age
| who 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 present,
| conFact, agree covenant stipulate and
bind themselves, as well as such persons
as nav hereafter become associated with
them, to form and constitute a corporation
, ana body polite in law, for the objects
hereinafter set forth. to-wit:
| ARTICLE 1.-The name and title O. this
Corporation shall be: George Moroy Cigar
and Tobacco Company, Inc, and under
such title, it shall have and enjoy sue
cession and existence, for a period of
| nlnety,nine years from date hereof; the
domlcile of this corporation shall be in
the City Of New Orleans. State of Louis
ana, "here All CITATIONS ana 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
wee President upon the Secretary.
ARTICLE 1.-THE capital stock of this
corporation is hereby fixed at the sum of
Twenty Thousand Dollars (s2O, 600. OO. ali
OF which shall be divided into and repre-
sented by Two Hundred Shares of the
par value OF One Hundred (s10o.0O) Dol
iars each stock may be paid for in
money, in services rendered to the Corpora
ZION, or in property and good will regu-
lariy transferred to the Corporation, all
as ~, snail De determined by the Board of
ARTICLE III-The objects and mr.
poses of this corporation and for which
IL is organized, are hereby declared TO be
10 purchase and sell, both at retail and
wholesale, cigars, tobacco, smokers sup
plies, and like articles: to do a general
looping and mercantile business; to main
tam ana operate both jobbing and retail
estsiDnshments for the sale of the COM
modities in which this concern NAV deal:
TO buy, and sell at either wholesale or
retail all commodities generally handled
In the general business of jobbing in the
t tbgar ana TOBACCO line. as well as those
OF retail cigar and 16Oacco 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 o. germane to the
ABOVE ana foregoing purposes.
ARTICLE WI is further a part of
mutual agreement under which the stock
holders herein have entered into and form.
cd this corporation, and which is made a
plndlng covenant between them, their
heirs, assigns, administrators, associates
ana successors each party hereto contract
i hny,s eove d and binding himself,
neirs and assigns that each and every
stockh0lder before being allowed to make
any sale OF stock owned by him in this
corporation, must and shall first offer
80 70 the stockholders then of record,
at price not to exceed the value thereof
as determined by the books of this cor
poration, which said offer shall be omen
Tor period of fifteen days, and such
stock shall be permitted to purchase n
proportion OF the stock so offered, in ae-
cordance with the amount of stock he
h0lds In proportion to the total amount
y is understood that at the expiration of
nfteen days from such offer of sale by
the stakeholder, the selling stakeholder is
reneyed OF all disabilities imposed upon
MN Dy this article. 1t Is further mutually
covenanted and agreed that this article
cannot be amended without the unanimbus
consent of all stockholders of record.
ARTICLE y.-The corporate powers of
ms corporation are expressed and set
,ortnI oy section seven Of Act 267 of the
Louisiana Legislature, for the year 1914. |
and all corporate powers shall be duly EN-
Ployea oy and vested in board Of three |
n
stitute a quorum for the transaction of |
all business. The first Board of Direc.
ors shall consist Of and be George Mo |
,SSg o Mssa Magazine IN St; Henry P Pfeffer
ST.. and from said Board there /
hall be elected three officers. namely' n
resident Vice. President and a Secre-
~ p rreasurer and George Moroy shall
President, and George II. Mes, Secretary
,reasurer, and the said directors and Of
icers shall serve as such until the first
essors are elected and qualified. Meet
ngs Of the stockholders for the electjon
= directors shall be held yearly. ON the
last Monday n In June; beginning with the
ave the right to elect without reference
stockholders meeting, any stockhoid.
T to be director, whenever a vacancy
! nan rnn exist on the Board Of Directors.
lrough death or resignation. The duties
I the several officers shall be set forth
the bylaws of the Corporation which
lay be adopted by the Board of Directors.
nd amended or altered at their will.
AhIiSLE Who stakeholder of this
ebt of the corporation other than the nm.
aid portion OF their subscription to
lock; and no informality herein shall
ipJect them to such liability.
ARTICLE vII-Amendments tn this
1arter or liquidation of the corporation
lall be subject to the rules laid down In
Ct 267 Of the Loufsiana Legislature. Of
"a. The capital stock Of this corpora
on may be increased by amendment to /.
~ sum decided by the stockholders. but
DC 10 exceed the sum of One Hundred
thousand ($100 000.00) Dollars.
Thus done and signed, on the dav and
ite lirst hereinabove written, in TIE City
New Orleans. in the presence of C. q
Derier and Prentice Il. Burlington. Jr
mpetent witnesses, and me, Notary after
Que reading of the whole; the subscrib- |
5 setting opposite their names the
nount OF stock they subscribed for. MAX
this an original subscription list
tOrlg1nal Signed) Geo. Moroy, 916 Sec
Id St. New Orleans, La. one share.
enry p. Pfeffer. 621 st. Andrew St. New
rleans, La, one share: Geo n Mics | =
IS Prytania st., New Orleans, La. one
igned)
wit mes. C. o. sperier. Prentice E.
tsigned) WARREN v. MILLER
=, Notary Public. .
l, the undersigned. Recorder Of Mort :
ges, IN and for the Parish of Orleans
ATE or Louisiana, do hereby certify that
above and foregoing act of incornora
N OF the Geo. Moroy Cigar and Tobsccn
=, Inc, was this day duly recorded ~
office in Book 1888. Folio 395.
New Orleans, April 18th. 1921.
tSigned) ROBT. SCOTT DIV Re-
: = true copy OF the original ON file in INV