The herald., 1922-08-03

Notary Public.
July 27-Aug. 81.
CHARTER OF
GOLDSMITH coFFEE AND RICE
CO., INC.
United States of America, State of
Louisiana, Parish of Orleans, City of
New Orleans. Be it known that on
the year OF our Lord one thousand
nine hundred and twenty-five. and of
the independence of the United States
OF America, the one hundred and forty
sixth, before me, William j. 0uste, a
Notary Public duly commissioned and
qualified in and for the above parish
and state. therein residing, and in the
presence of the witnesses hereinafter
named and undersigned, personally
came and appeared the several parties
whose names are hereunto subscribed,
themselves of the laws of the state
or Louisiana. in such cases made and
provided, and more particularly of Act
267 of the General Assembly of The
state of Louisiana of 1914 relating to
the creation, organization and forma-
ton of corporations. they have coYen-
anted and agreed. and by these pres
ents 90 hereby covenant agree and
bind themselves, as well as all other
persons as may hereafter become asso-
ciated with them, to form a corporation
for the objects and purposes under the
articles and stipulations following,
which they hereby adopt as their
charter. to-wit:
ARTICLE l. The name and title of
this corporation shall be Goldsmith
Coffee and Rice Company, Incorporated,
and under its corporate name il shall
have power and authority to have and
enjoy corporate existence for a period
OF ninety-nine years from date hereof
unless sooner dissolved by liquidation
or otherwise. 1t shall have power to
contract. to sue and be sued; to make
and use corporate seal, and TO alter
and break the same at pleasure; to
hold, receive, lease, purchase, transfer
assign, mortgage. hypothecate, pledge
or otherwise dispose of property, real,
personal or mixed, corporal and in
corporal; to issue bonds and. IL de-
sired, to secure same by mortgage; to
hold stocks in other companies; to
make and elect officers and directors:
to make and establish, alter and amend
proper government, as may be deemed
necessary and proper for the extension
of the business in which the corpor-
alton is engaged.
corporation shall be in the city of
New Orleans. Louisiana, and service or
process shall be made upon the Presi-
dent. or. In his absence. upon the
| ARTICLE III. The objects and pur-
poses for which this corporation is
organized and created, and the nature
Of the business to be caySied on by
1t are declared to be as follows:
| To engage in and conduct a general
merchandise. produce. commission, and
exporting and importing business; to
buy; sell. export. import and otherwise
deal in groceries. foodstuffs, raw and
finished agricultural products, mer-
chandise and manufactured articles of
any nature whatsoever; to manufacture.
deal in agricultural products, manu-
featured articles or merchandise of any
nature whatsoever. and generally to
to and incidental to the carrying out
and proper execution of the objects
and purposes hereinabove mentioned.
ARTICLE ~. The capital stock of
the sum of Fifty Thousand Dollars
$50, 100000, and shall be divided into
and represented by five hundred shares
OF common stock OF the par value of
said stock shall be paid for IN cash.
or for property, or services actually
rendered to the corporation, or other
equivalent of cash as provided by law.
and in such manner and at such time
and in such installments as may be
prescribed by the Board of Directors.
This corporation shall become a
going concern and shall be authorized
to commence business as soon as fifty
per cent (50To) of it's capital stock
shall have been subscribed, and fifty
shall in fact have been paid for. either
in cash or its equivalent.
ARTICLE v. The capital stock of
this corporation may be increased to
the sum of One Hundred Thousand
Dollars (s100,000.0o) by vote of two
thirds of all the stock present or rep
resented at a special meeting called for
that purpose; or at a regular annual
! ARTICLE vi. All certificates OF
stock issued by this corporation shall
be signed and counter-signed by the
, President or Secretary-Treasure
The stock of this corporation car
be transferred only on the books O.
, the corporation. and subject to such
reguiations and formalities as may be
Z by the Board of Directors from time
to time prescribed No stockholder
, shall be permitted to sell or otherwise
DISPOSE OF hrs stock without first offer.
stockholders. through the Board Of
directors. at a price not exceeding the
!, book value thereof; and said stock
: holders in proportion to their holding.
: to purchase at the book value Of sucf
stock on December 81, last preceding
{ all the shares of stock to be thus dis
pese eSs OF Sy sale or otherwise of an!
5 period of ten days in which to accep
e or decline said offer. Should the stock
n holders decline to purchase said stock
then such stakeholder is at liberty I,
, sell or dispose of the stock, and ma,
e do so in any manner and at any pric,
} he may deem fit.
Each snare OF stock is issued herein
upon the condition and understanding
5 that no stakeholder shall sell or other
: wise transfer his stock in Violation
! hereof. and any such sale or transfer
II made. shall be void, and this cor
poration shall be under no obligation
to list said stock on it's books or e
thereof.
ARTICLE VII. The corporate DOW.
ers of this corporation shall be vested
in and exercised by a board of NOT
less than three nor more than six direc-
tors, at the option of the stockholders,
two to constitute quorum when there
| are three directors. three to constitute
quorum when there are more than
three and less than six directors. and
four to constitute quorum should
there be six directors. FOR the trans
action OF bnslness. The directors OF