The herald. [volume] (New Orleans, La.) 1905-1953, 1921-04-28

CHARTER OF GEORGE MOROY CIGAR
AND TOBACCO COMPANY, INC.
State of Louisiana, Parish of Orleans,
I City of New Orleans. lie II known, that
| OH 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 ana
Forty Fifth Before me. Warren V. Miller,
"A Notary Public, i'll 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,
who declared unto me. Notary, that avail
ing themselves of the Laws of tho state
of Louisiana relative to the organization of
Corporations, they do by these presents
/ contract, agree. covenant stipulate ana
bind themselves. as well as such persons
as nav hereafter become associated with
them. to form and constitute corporation
and body polite in law. for the objects
and purposes and under the supulationS
hereinafter set forth, tO-wlt:
| 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 period of
, i ninety-nne years from date hereof; the
domicile of this corporation shall be In
the City of New Orleans, State of Louis
I lana, where all citations and other legal
process shall be served upon the President.
or in his absence upon the yice-President.
or in the absence of both President and
! Vice President, upon the Secretary.
IL ARTICLE 1.-THE capital stock of this
corporation is hereby fixed at the sum of
Twenty Thousand Dollars (S20,O00O0D, all
of which shall be divided into and repre-
scented by Two Hundred Shares of. the
par value of One Hundred (Sl0o.O0l Dol
lars each. Stock may be paid for in
money, in services rendered to the Corpora
: tion. or in property and good will, regu-
larry auSfprrp1 a fhp ('OrnOrHtiOn all
Z as shall be determined by the Board of
! Directors.
ARTICLE IU.-The objects and pur-
poses of this corporation and for which
, il 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 general
jobbing and mercantile business; to main.
tain and operate both jObbing and retail
, establishments for the sale of the com
! mOdites in which this concern may deal
+. | s1t..Ii an vvmmUuitfvs generally handled
: in the general business of jobbing in the
Z cigar and tobacco line, as we'll as those
= things generally handled in the corporation
of retail cigar and tobacco stores, and to
: maintain and operate any and all suct
. accessories as are generally found in retail
Z ! cigar stores; and in general to do any
9 and all acts pertaining or germane to the
above and foregoing purposes.
ARTICLE IV.-It is further part OF
II mutual agreement under which the stock.
I. | holders herein have entered into and form
I. | ed this corporation, and which is made q
5 | binding covenant between them, theil
: heirs, assigns, administrators, associates
, and successors each party hereto contract
], | ing, cOvenanting and binding himself
heirs and assigns that each and every
stakeholder before being allowed to max,
any sale of stock owned by him in this
Corporation, must and shall first offe
( same to the stockholders then of record
;, at price not to exceed the value thereof
q as determined by the books of this cor
x DOratlOn which said offer shall ha
l. for a period of fifteen days, and sucl
stockholders as desire to purchase salt
proportion of the stock so offered in az
cordance with the amount of stock h
holds in proportion to the total amour
l. held by all stockholders Offering to purchas
;, | Ii is understood that at the expiration o
It fifteen days from such offer of sale b,
l. the stakeholder, the selling stakeholder i
=, relieved of all disabilities imposed upol
2. him by this article. 1t is further mutualll
il covenanted and agreed that this articl
cannot be amended without the unanimou
consent of all stockholders of record.
ARTICLE y.-The corporate powers o
this corporation are expressed and Sc
forth by Section seven of Act 267 of tn
Louisiana Legislature, for the year 1914
and all corporate powers shall be duly EN-
ployed by and vested in board of tire
f Directors. majority of whom snail con
stitute quorum for the transaction o
all business. The first Board of Direc
tors shall consist of and be George Mo
l.
l. 300 Magazine St: George III. Mes, 800
r Magazine ST., and from said Board Their
v shall be elected three Officers namely.
If President a Vice President and a Secre
d tary- Treasurer and George Moroy shal
r. be President Henry Z. Pfeffer, Vice
l. President. and George H. Mes, Secretary
le Treasurer. and the said directors and, of
re ficers shall serve as such until the frs
n Monday in June, 1922. or until their sue
le cessors are elected and qualified. Meet
r, ings of the stockholders for the electio
L han hn hnlA ri . \.
If first Monday in June. beginning with tn
o. year 1922; the Board of Directors shal
v have the right to elect without referenc
d to a stockholders meeting, any stockhold
l. er to be a director, whenever vacanc,
v chall exist on the Board of Director.
y through death or resignation. The dutie
r of the several officers shall be set fort
IF in the bylaws of the Corporation whicl
, may be adopted by the Board of Directors
and amended or altered at their will
l. ARTICLE VINO stakeholder of thi
d debt of the corporation other than the un
d. paid portion of their subscription {
l. stock; and no informality herein sha
W subject them to such liability.
ARTICLE vII.-Amendments to thu
J, charter or Hquidation of the corporatio
ie shall be subject to the rules laid down il
d Act 26! of the Louisiana Legislature, o
lsl4. The capital stock of this corpora
n any sum decided by the stockholders, Blu
= not to exceed the sum of One Hundre
= Thousand ($1OO,0OO.OO) Dollars.
Thus done and signed, on the day an,
~ date first hereinabove written, in the Cit
q of New Orleans, in the presence of c. O
" Sperier and Prentice f. Burlington, Jr
q competent witnesses, and me, Notary, afte
20 due reading of the whole; the subscrib
!, ers setting opposite their names tn
K amount Of stock they subscribed for max
q ing this an original subscription list
N Original Signed) Geo. Moroy, 916 Sec
IS ond St. New Orleans, La, one share
w Henry 2. Pfeffer, 621 st. Andrew St. Ne,
II Orleans, La, one share; Geo. H. Me,
e. 3423 Prytania St., New Orleans, La, on
(Signed)
a Witnessed: G. o. Sperier. Prentice =
he Darlington, Jr.
n (signed) WARREN V. MILLER.
n Notary Public
l. i. the undersigned. Recorder of Nor,
le cages, in and for the Parish of Orlean,
e. State of Louisiana, do hereby certify tina
the above and foregoing act of incorpora
Y ton OF the Geo. Moroy Cigar and Tobacc
he Co., Inc, was this day duly recorded 1