The herald., 1921-12-08
CHARTER.

cession for the full term and period Of
ninety-nine years, commencing on and to
hereof.
ARTICLE 1.-THE domicile Of this cor.
poration shall be in the City of New Or
leans, State of Louisiana.
All citations and other legal process
snail be served upon the president of this
corporation or in case of his absence or
inability to act. upon one of the vice
PRESIDENTS, or In case Of the absence or
inability of both the president and the
vice-presidents, upon the treasurer of this
corporation.
ARTICLE III-The objects and pur-
poses for which this corporation is or
ganiZed and the nature of the business to
be carried on by 1t are hereby declared to
be:
To buy, sell, and deal in, either whole
sale or retail. tobacco, cigars cigarettes
and In products of tobacco: to manufac-
ture cigars. cigarettes and different kinds
and mixtures of chewing or smoking tobac.
co or of tobacco products; to purchase buy
sell and deal in goods and merchandise
either wholesale or retail and to carry on a
general merchandise business; to buy sell
deal In and manufacture such confections
merchandise and commodities as NAV he
required for the carrying on of any ca
tering business in connection with the
operation of retail cigar stores by this
corporation; to receive, hire, hold, own
buy, sell, lease and suitcase real estate
personal and mixed property: to own and
operate and to cultivate plantations for
the purpose of raising and producing to-
hacco; to build, construct, hire and
otherwise acquire, own, establish, main
tain, lease and operate factories, ware
houses buildings. depots and agencies.
either In the State of Louisiana or with
In any other states or territories or pos
sessions of the United States of America
or foreign country for the purpose of
carrying out the objects and purposes set
forth in this Article and for which this
corporation is organized;
And to do all things necessary and in
cidental for the carrying out of the bo-
jects and purposes for which this cor
pOratiOn is organized and for such pur-
poses to engage in business in the State
OF Louisiana, or within any other state
or territories or possessions of the United
States of America or foreign countries.
ARTICLE Iv-It shall have all of the
rights and privileges granted by law to
such corporations; shall have the power
to contract, sue and be sued in its cor
porate name to make and use a corporate
seal, and the same to break and alter at
pleasure, to buy, own, hold. lease, receive
| convey, mortgage hypothecate or pledge
property both real, personal and mixed
to issue bonds, notes and other obliga.
tons; to have, engage and employ such
officers, managers, and employees as the
business interests and convenience of the
corporation may require: to make, adopt
establish such bylaws. rules and regula-
| tons in the corporate name not repug-
nant to the laws of the State Of Louis
| lana, or other states, territories or pos
sessions of the United States or foreign
| countries in which they engage in bust,
ness, or the charter OF this corporation
| for the management of the corporation's
| affairs. as the stockholders and board OF
| directors may deem necessary and ex.
pedient
| ARTICLE V-The capital stock of this
| corporation shall be fifty thousand and
| O0100 ($50,O0000) dollars, represented
| by five hundred $500 shares of one hun
dred and 00I100 (s100.00) dollars each
The stock shall be paid for in cash wher
subscribed for, or the same may be Is
sued for property actually received by oil
services actually rendered unto the saiC
| corporation, but said stock shall not b,
Issued for less than par.
| ARTICLE vI-This corporation shall
| begin business and be going concern
when twenty Five thousand and O0/1O
| (S25.OO0.O0) dollars of stock shall hav,
been subscribed for and paid in.
Whenever an increase OF said capita
stock shall have been authorized, fifteeI
days written notice shall be given to eacl
| stakeholder within which time the pres
ent stockholders in the corporation shall
have the right to subscribe to said in
crease of stock in proportion to the mum
Der of shares of stock held by them ant
which shares shall be paid for at sucl
time and I'm such manner as the board o
directors may direct. After the expira
ton of the said time for subscriptions ant
payment. the board of directors may dis
pose of the shares not taken, for the bene
fit of the corporation, in such manner a
they may think proper, at not less thai
par.
| ARTICLE Vino stakeholder shall
sell or otherwise dispose of any share o
shares Of the capital stock Of this corpo
ration until ten days prior notice Of sucl
writing to the corporation. during whicl
time any one or more Of the stakeholder
shall have the privilege of purchasin
said stock SO offered at the actual value
based upon the books Of the corpora
ton.
All transfers of stock shall be made o.
the books Of the corporation by surren
dering the certificate thereof to the pre-
siding officer, who shall write the wor
cancelled" prominently across the FAC
thereof and erase the presidents sigma
ture therefrom before issuing new Ger
tiicate.
ARTICLE vIII-At all elections by o
meetings Of the stockholders each shar
shall be entitled to one vote to be cas-
either by the person in whose name tn
stock appears on the books Of this cor
poration at the time Of voting or by a
attorney holding said stockholders writ
ten proxy.
ARTICLE IX-The business and col
porate affairs of this corporation shall
transacted by a board of directors, Of no
less than three directors, nor more tina
FIVE directors to be composed OF STOCK
holders thereof and they and each OF theI
shall be elected at a meeting to be hei
for that purpose.
Any vacancies in the board Of director
SO elected shall be filed by the sal
board of directors Everett s. Thompson
66 Huling street, Memphis, TENNESSEE
Corley Gee Price go SO. Trust Buiidint
Little Rock, Arkansas; Charles c. ThomI
son, SO Huling street. Memphis. Tenne
see; Russell II. Thompson, 80 Wei
Second street, Little Rock, Arkansa
shall constitute the first board OF dire
tors and shall hold office until the mr.
| Tuesday after the second Monday In NJ
vember 1922, or until their successor
are elected and qualified, and each SUI
sequent board shall have their seats IN
mediately following their election. or
soon thereafter as practicable ana sna
hold their Office until their successo,
shall have been elected and quaiined. III
| directors hereinabove named snali eie'
: their own officers.
The officers elected and designated
| serve until the first Tuesday after u
, second Monday in November, W.,
until their successors shall be eiected, ~
as follows: Everett 8. Thompson, pres
dent. 6s Huling Street, Memphis Tenne,
see: Coriey Gee Price vice-president, 9.
So. Trust Bldg, Little Rock, Ark
Charles G. Thompson, second vice-pres
dent. GO Huling Street. Memphis. Tenn
| Dn..oaI III Tboxnnsou treasurer 323 We