The herald., 1921-04-21

| CHARTER OF GEORGE MOROY CIGAR
| AND TOBACCO COMPANY, INC.
State of Louisiana, Parish of Orleans.
| City of New Orleans. lie II 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,
| q 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
1 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 presents
contract. agree, covenant stipulate and
! bind themselves, 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 purposes and under the stipulationS
! 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 period of
/ ninety-nine years from date hereof; the
domeile of this corporation shall be in
the City of New Orleans. State of 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
| ce-President. upon the Secretary.
| ARTICLE 1.-THE capital stock of this
| corporation is hereby fixed at the sum of
| Twenty Thousand Dollars (S20.OOOOO). all
of which shall be divided into and repre-
sented by Two Hundred Shares of the
| par value of One Hundred (SlO0.OO) Dol
| lars each. Stock may be paid for in
| money, in services rendered to the Corpora
tion. or in property and good will, regu-
1 "a fFAn rrnA fhA 81 Ill
as shall be determined by the Board of
| Directors.
/ ARTICLE III.-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
| modities in which this concern may deal I:
| 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
| of 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 him self.
| 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 a price not to exceed the value thereof
as determined by the books of this cor
poration, which said offer shall be open
for a 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
held by all stockholders Offering to purchase
| II is understood that at the expiration of
fifteen 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
| thls corporation are expressed and set
forth by Section seven of Act a67, of the
| Louisiana Legislature, for the year 1914
and all corporate powers shall be duly en-
PhI,0 ,y by and vested in a board of three
| st1tute a quorum for the transaction of
| all business. The first Board of Direc.
tors shall consict of and be George Mo-
roy. 200 Magazine ST.: Henry p. Pfeffer,
200 Magazine St.: George II. Mes, 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 II. Mes. Secretary
| Treasurer, and the said directors and of
| ficers shall serve as such until the first
Monday in June, 1922 or until their sue
| cessors are elected and qualified. Meet
| ings of the stockholders for the ELECTION
of directors shall be held yearly, on the
first Monday in June. beginning with the
year 1922: the Board of Directors shall
| have the right to elect without reference
to stockholders meeting. any stockhold-
er to be director, whenever a vacancy
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
| stock; and no informality herein shall
subject them to such liability.
| ARTICLE VII.-Amendments to this
charter or liquidation Of the corporation
shall be subject to the rules laid down in
Act 70! of the Louisiana Legislature. of
1914. The capital stock of this corpora
ton may be increased by amendment to
| any suih utciueu Dy the STOCKHOLDERS. Dut
not to exceed the sum of One Hundred
| Thousand ($1OO, OO0OO) 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 K. Burlington, Jr
competent witnesses, and me, Notary after
| a 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, 621 st. Andrew St, New
orleans, La, one share; Geo. H. Mes
3423 Prytania St., New Orleans, La, one
share.
| tSigned)
Witnessee; c. o. sperier. Prentice e.
(Signed) WARREN v. MILLER,
Notary Public.
i. 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 1896.
New Orleans, April 18th. 1921.
(Signed) ROBT. SCOTT. DIV. Re.
a true copy Of the original on file in nv
tsisned) WARREN v. MILLER.