The herald. [volume] (New Orleans, La.) 1905-1953, 1922-04-06
CHARTER.

served upon the President, and, In case
of his absence or inability to act, upon
the Vice president or Secretary Treasurer
ARTICLE III. Objects and Purposes.
The objects and purposes for which this
is organized and the nature
of the business to be carried Oh by II are
hereby declared to be:
To manufacture, sell and otherwise dis
pose of, at wholesale or retail, the Pap
poose Food Products, and incidentally
TO buy all necessary ingredients and ma
terials therefor; to manufacture, buy ana /
sell and otherwise dispose Of all and |
any kind of food products, yinegars, ex-
tracts, favorings, colorings, condiments. |
soft drinks, cereal beverages, fruit juices |
root beer, medlcinaI, chemical and phar- |
maceutical compounds, the raw products I
and materials from which all OF the
above may be made, and all by-products /
thereof: to carry on the business OF can (
ners, bOttlers. packers, coopers, and to
manufacture, buy, sell deal in, and In
any manner use and originate devices. |
filters, cans, bottles and all kinds OF re-
ceptacles and containers; TO obtain, reg
lister, purchase lease and otherwise ac-
quire, use and operate, sell and otherwis"
dispose of any trade marks, trade names,
patents and inventions; 10 acquire by
purchase, subscription or otherwise, and
to hold, sell, assign, transfer, exchange,
mortgage, pledge or otherwise dispose OF
any shares of the capital stock, bonds
or other evidences of Indebtedness Of any
other corporation or corporations, asso
citation associations, domestic or
foreign, engaged in any business In
which this corporation may be author
lied to engage, or the ownership OF
whose securities would be advantageous
or convenient in the protection or pro-
motion of any of .he purposes or In
terests of this corporation. but only TO
the extent authorized 10y the laws of the
State of Louisiana; to purchase. sell,
otherwise
real personal and mixed property, and
generally to do any and all things neces-
sary in and incidental to the business.
ARTICLE III. Capital Stock. he
capital stock Of this corporation Is
hereby fixed AT the sum of One
Hundred Thousand Dollars (s1OO.cOO.OOI.
divided into one thousand 1.OOOl shares
of a par value Of One Hundred
Dollars (s1O000) each, which stock
may be issued full paid ana non-asses-
sable for cash or for property actually
| transferred for value fixed by its Board
Of Directors. or for services rendered
| to said corporation. Said capital stock
| may be increased to Two Hundred and
| Fifty Thousand Dollars (s25OOOOO0) by
a vote of two-thirds of all the stock
| holders. as provided for in Article V OF
! this charter. This company shall be
going concern as soon as Sixty Thousand
| Dollars $3.50 OO0.OO) Of its capital stock
| has been subscribed.
! Before any stakeholder shall offer his
stock to an outsider for sale, he shall
first offer same to the then exlstne
| members of the Board of Directors at
| its book value, and IL they accept said
| offer said members shall purchase said
| stock at that price in proportion to their
respective holdings, within ninety days
after acceptance.
| ARTICLE ". Board of Directors. All
the corporate uowers of the corporation
| shall be vested in and exercised by a
| Board Of Directors. consisting of not more
| than six nor less than three stockholders
a majority of syhom shall constitute
quorum for the transaction of business
The first Board of Directors shall be
composed Of the following stockholders
to-wit: f. 4. Zatarain, Sr.. whose post
| office address is a25 Valmont street, New
Orleans, La; Ed. J. Zatarain whose post
office address is 1881 Upperline street
New Orleans, La; John T. Zatarain
whose postoffice address is 1924 Cen
| stance Street, New Orleans, La; Milton
l.. Zatarain, whose postoffice address IL
925 'valmont Street, New Orleans, La;
Charles c. Zatarain, whose postoffice al
dress is 1918 Upeprline Street, New Or
leans, La, and Emile A Zatarain, Jr.
whose postoffice address is 923 Valmon
Street, New Orleans, La, with Z. A
Zatarain, ST.. as President; Ed. J
Zatarsin as yice-President; and Charles
c Zatarain as Secretary Treasurer, wh'
shall hold their offices until the secon'
Thursday of March, 1923, or until thei
successors have been duly appointed ant
qualified. On the second Thursday
March, 1923 and annually thereafter al
election for Directors shall be held a
the office of the corporation as provides
. for by the bylaws. Failure at any tim
to hold a meeting or elect directors,
officers, as herein provided, shall no
work a forfeiture of this Charter,
dissolve the corporation, but the actin
~ continue
flee until their successors have bee
properly elected.
ARTICLE Y. Amendments. This act Q
. | incorporation may be changed or amende
! and this corporation may be dissolved Q
liquidated, and the capital stock OF thi
| CORPORATION increased up to the linn
provided in Article III of this Chartel
- with the assent of two-thirds OF IN
whole capital stock convened for tins
purpose after fifteen (15) days prior wrii
ten notice of such meeting shall be give
| to each stakeholder mailed to his lai
known address.
ARTICLE vi. Liability. No stockholdt
of this corporation shall ever be held IL,
BILE for the contracts or faults>thereof,
| any further sum than the unpaid balan'
3 due the corporation on the shares OF stoc
: owned by him, nor shall any mere
formality in organization have the
feet of rendering this charter null
exposing a stakeholder to any habili'
beyond the unpaid amount OF his stoc
Thus done and passed. in my Notari
Office at the City Of New Orleans, Lo
~ isiana, in the presence OF Messrs. r.
II Teissier and A. b. Granzin, Jr., con
a. | petent witnesses and residents OF IN
u city, who hereunto subscribed the
names, together with the said appeare
and me, Notary, after reading OF q
whole.
Original signed: Names of subscribe
+ omitted.
Witnesses:
A. B. GRANZIN, JR.,
F.F TEISSIER.
. fsigned) W. J. FORMENTO.
Notary Public.
/, the undersigned Recorder Of Mo
a cages in and for the Parish OF Orleai
y State of Louisiana, do hereby cert
4 that, the Act Of Incorporation Of Z.
ZATARAIN q SONS, INC, has be
duly recorded in my office, in Bo
126S, Folio
New Orleans, La, March 81. 1872.
q ROBT. SCOTT,
Deputy Recorder
true copy from the original exec
the individual subscriptions.
u W. J. FORMENTO.
10 Notary Public
Apr 6-May IL.
CHARTER OF