The herald. [volume] (New Orleans, La.) 1905-1953, 1922-02-16
CHARTER OF THE DOLORES CIGAR
COMPANY, INCORPORATED

State of Louisiana. Parish of Orleans.
city of New Orleans, BE il known that on
this 18th day of January, 1922. before me.
W. Morgan Gurley, notary public. duly
commissioned and qualified in and for
the Parish Of Orleans. State of LOuisi-
ana. and in the presence of the witnesses
hereinafter named and undersigned, per
sonally came and appeared the several
persons whose names are hereunto sub
scribed. who Severally declare that, avail
ing themselves of the laws of the State of
Louisiana, relative to the organization of
corporations, and particularly Act No. o61
OF the General Assembly of 1914. they have
cOvenanted and agreed, and by these pres.
ents do covenant and agree and bind
themselves. as well as all other persons
who may hereafter become associated with
them, to form corporation and body
polite in law. for the objects and pur.
after set forth, which they hereby adopt
as the charter of this corporation.
ARTICLE THE name and style of thi.
corporation shall be Dolores Cigar Com
pany, Incorporated" and its domicile t.
hereby fixed at the City of New Orleans
Parish of Orleans, State of Louisiana
where. by said name 1t shall have and en-
joy corporate existence and succession fol-
period of ninety-nine years (99) from
this date, unless sooner dissolved by law
or in the manner hereinafter stipulated.
ARTICLE Hinder said name and
power TO contract, TO sue and be sued, Il
make and use corporate seal, the sam,
TO alter, change or amend at pleasure; {,
adopt. make and enforce such bylaws
rules and regulations for its government
and operation, as ii may choose not con
trary to the laws of the United States
the laws of tho State of louisiana or thi,
charter; to employ. and fix the compensa
ton of, such officers, employees. or agent,
as the interests of the corporation ma,
81 lou hnlA L..
hypothecate, convey, sell, pledge or mort
gage real estate and personal property
TO borrow money and to issue negotiable,
bonds bills or notes, or other evidences
OF debt; and generally to do and perform
any and all other acts and things, neces
sary and proper, or incident, to the sue
cessful operation and carrying out of tn,
business outlined in the objects and pur
poses Of this corporation, all according
to law, and as may be deemed necessary
and proper by the board of directors.
ARTICLE III-The objects and purposes
of this corporation are hereby declare,
to be: To do a general cigar and tobacc,
business. To buy, sell, handle. manu-
facture. etc, cigars, cigarettes, and to
baccO In all its forms. along with all in
cidentals and appurtenances necessar!
to and a part of the tobacco business
And generally to do and perform any anC
all other acts and things necessary ano
incident to the carrying of and operating
of a general tobacco business in all it,
forms and with all its necessary incidenti
and concOmitants.
ARTICLE Iv-AIl citations and othe
legal process shall be served upon tn,
president of the corporation, or, in hi
absence, upon the secretary treasurer. or
in the absence of both these officers, upoI
the vice-president, at the domicile of sale
corporation, as herein fixed.
ARTICLE V-The capital stock of thi
! corporation is hereby fixed at the sum o.
ten thousand dollars (s1O.OOOOO). to b.
represented by one hundred 900 shares
of the par value of one hundred dollar
t$100.00) each; provided that the corpora
ton may become a going concern, and be
gin to transact business, as soon as one
half of its said capital stock has beeI
subscribed for No stock shall issue unit
fully paid for in cash. in property, IL
valuable services, or for other valuable
consideration; and all property transferred
to the corporation in payment of stool
issued by 1t shall be listed and appraised
as required by law.
ARTICLE VI-All powers of the cor
poratiOn shall be vested in board of di
rectOrs, composed of three stakeholder
| (3), except that the officers of said cor
poration shall have and exercise tn
powers granted to corporate officers b!
Section is of Act No. 26I of 1914. A ma
| jOrity of the board of directors shall con
stitute a quorum for the transaction of al
business, and majority vote of tn
| quorum present at any meeting shall b.
Said directors shall be elected annual
| ly on the first Monday of January of eacl
| year, except when said date shall fall OF
! a Sunday or other legal holiday, in whicl
| event, said election shall be held on tn
| day following, or as soon thereafter a
practicable, and they shall hold office TO
| term of one year or until their success
sOrs shall be elected and qualified.
Each stakeholder of record on the book
| of said corporation shall be entitled L
or of MAJ Oh hnr IN
| by proxy, one vote for each share of stocl
| held by him, and majority of the vote
| cast at such meeting shall elect, or decid
any question before 1t. All meetings o
held at the dOmicile of the corporation
except, with the written consent of al
the directors, valid meetings of the boar,
| of directors may be held outside the state
or in the state, elsewhere than at 1t
domicile.
Any vacancy occurring, for any cause
I'm the board of directors, between tn
dates of the annual meetings herein pro
vided for. shall be filed by the remain
ing members OF the board Of directors
| Immediately after the election of the di
rectors. they shall meet and elect fror
| their number a president, a vice-presiden
| and a secretary-treasurer, provided tina
any two or more of said OFFICES may d
consolidated and held by the same direc
| tor. The duties of the said officers shall
be such as usually pertain to the position
| to which they are elected. and as sue
may be provided for in the bylaws, o
| as may be designated by the board o
directors at any regular or special meet
| ing.
The first annual meeting of stakeholder
shall be held on the first Monday In Jan
| uary. 1923, subject to the foregoing pro
visions Until that time, the following
shall act as the board Of directors: N
| Truman Woodward. Emile Il. Suarez, an
Frank ID. Franklin. Until said date. o
until their successors are elected, the sal
NJ. Truman Woodward shall be president
| the said Emile J.. Suarez. vice-presiden'
and the said Frank ID. Franklin, secre
| tary-treasurer.
ARTICLE vII-The capital stock Of thi
corporation may be increased up to on
hundred thousand dollars ($100. .OOl
| and to such amounts, from time to time
as may be deemed necessary by the dtrec
tors to carry on the business, provide
| that any increase shall be made by a vot
| of not less than two-thirds Of all out
standing stock; and provided further ths
notice Of such meeting to increase tn
capital stock, or decrease the same, in az
cordance with law, shall be given as pre-
vjded by law. This charter may b
amended, or altered, in any respect, b