The herald. [volume] (New Orleans, La.) 1905-1953, 1921-12-15
CHARTER.

and authority to exist and enjoy sue |
cession for the full term and period of
ninety-nine years, commencing on and to
be computed from and after the date
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
shall 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 it 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 tobacs
| 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 CONNECTIONS,
| merchandise and commodities as may be
| 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-
bacco; 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
| q irving the objects and nurpOSps 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 boz
jects and purposes for which THIS cor
e poration is organized and for such pur-
poses to engage in business in the State
E of Louisiana, or within any other state
n or territories or possessions of the United
States of America or foreign countries.
: ARTICLE Iv-It shall have all of the
I rights and privileges granted by law to
e such corporations; shall have the power
d to contract, sue and be sued in its cor
r porate name. to make and use corporate
d SEAL and the same to break and alter al
|, pleasure, to buy. own, hold. lease, receive
l. convey, mortgage hypothecate or pledge
II property both real personal and mixed
s to issue bonds, notes and other oDnga
% tons; to have, engage and employ sucl
officers. managers, and employees as thu
g business interests and convenience of tn
d corporation may require; to make, adopt
\, establish such bylaws, rules and regula
Z tions in the corporate name not repug
: nant to the laws of the State of Louis
10 lana. or other states territories or pos
r sessions of the United States or foreigl
,r countries in which they engage in busi
4. ness, or the charter Of this corporation
no for the management of the corporation
70 affairs. as the stockholders and board o
he directors may deem necessary and eS
G. pedient.
We ARTICLE v-The capital stock of thi
ch corporation shall be fifty thousand an
by 90 100 (S5OOO0O0) dollars, representa-
lis by five hundred (5oO) shares of one huI
CHI dred and OOI1OO ($100.O0) dollars eacl
ne The stock shall be paid for in cash VINE
in subscribed for, or the same may be II
C. sued for property actually received by
m services actually rendered unto the sal
all corporation. but said stock shall not
IL issued for less than par.
all ARTICLE vI-This corporation sha
ne begin business and be going concel
10 when twenty-five thousand and OO/l
All ($25.O00.O0) dollars of stock shall ha
been subscribed for and paid in.
De Whenever an increase of said capt.
Ell stock shall have been authorized, hfte'
er, days written notice shall be given to ea
NJ stakeholder within which time the pre-
ice have the right to subscribe to said ]
re. re- crease of stock in proportion to the nul
the Der of shares Of stock held by them al
IN which shares shall be paid for at su
ON directors may direct After the expii
by ton of the said time for subscriptions a
payment, the board of directors may d
Of Of the ses s1a5s' %St IA
they may think proper, at not less IN
,ko par. =,
the sell or otherwise dispose Of any share
of shares of the capital stock of this corr
hnu ration until ten days prior notice OF 81
liso intent to do so shall have been given
re writing to the corporation, during wh
,eir time any one or more Q. 'n ne nurcbas
acts said stock so offered at the actual val
APP based upon the books OF the corpo
AZ ton.
dis, All transfers of stock shall be made
ana the books of the corporation by SURF
hsa- dering the certificate thereof to the p
hgs siding officer, who shall write the W.
usi- Cancelled" prominently across the I
thereof and erase the president sie
ton ture therefrom before issuing new
vote tificate.
at ARTICLE What all elections by
onai meetings Of the stockholders each sh
.he shall be entitled to one vote 10 De
ees either by the person In whose name
stock appears on the books OF this
de- poration at the time Of voting or py
ore attorney holding said stockholders W
'r1ty ten proxy.
SAID ARTICLE IX-The business and
oe porate affairs of this corporation shati
transacted Dy podfu Va A
rec less than three directors, nor more I
rter, Ave directors to be composed OF 81,
{ OF holders thereof and they and each OF I,
nary shall be elected ut a meeting TO De
tha for that purpose
the ANY vacancies In the board OF direc
NJ so elected shall be filled by the
aay hoard of directors. Everett 3. IhomP
o. | "a Huling street, Memphis, Tennes
> sat Corley Gee Price, go SO. Trust Bniid
,ehv little Rock, Arkansas; Charles c. Tho
tatea son. s6 HuIing street, Memphis, Ten
Ar. see: Russell H. Thompson, 80
,cor. Second street, Little Rock, Arkai
The shall constitute the first board OF q
nnh. tors and shall hold office until the
Law Tuesday after the second MONDAY IN
and yember. 1922 or until their success
ail are elected and qualified, and each
n as seouent board shall have their seats
NAV mediately following their elecuon'
fore soon thereafter as practicable ana
hold their office until their succe'
-. shall have been elected and quaiineo'
e, a. directors hereinabOve named snaii
,,ta2 their own officers.
and The officers elected and designate
.ssas serve until the first Tuesday AFTER
, the second Monday in November, W.
road until their successors shall De eiecteu
as follows: Everett s. Thompson, y
dent. 66 Huling Street, Memphis; Iei
see: Corley Gee Price. vice-presiden'
So. Trust Bldg, Little ROCK,
1ry. Ck..,o. n ThomDson, second Weep