The herald., 1922-08-31

r July 27-Aug. 81.
CHARTER OF
Il roLDSm1TH COFFEE AND RICE
e Co.. INC.
r United States of America, State OF
' EEouisiana, Parish of Orleans City OF
r New Orleans. BE it known that or
inns Ith day of the month of July, in
me Year OF our Lord one thousan
e 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. Guste. a
? Notary Public duly commissioned and
; qu5HIled IN and Tor the ABOVE parish
anu state therein residing, and in the
presence of the witnesses hereinafter
. named and undersigned, personally
came ana appeared the several parties
whose names are hereunto Subscribed
who severally declared that, ayaiIina
themselves OF the laws of the state
OF Louisiana, in such cases made and
PROVIDED, and more particularly of Act
Z6i OF the General Assembly of Ihe
state or Louisiana of 1914 relating to
the creation, organization and foTma-
tion OF corporations. they have coyen-
anted ana agreed and by these pres
ehtS 90 hereby covenant, agree and
plhd themselves, as well as all other
persons as may hereafter become assoc
stated win them, to form corporation
| LOT the OBJECTS and purposes under the
articles and stipulatfons following.
which they hereby adopt as their
| charter to-wit:
ARTICLE l. The name and title of
TINS corporation shall be Goldsmith
Coitee and Rice Company, Incorporated.
ana under its corporate name il shall
nave power and authority to have and
ENJOY corporate existence for a Dariod
of ninety-nine years from date hereof
unless sooner dissolved by LIQUIDATION
or otherwise. 1t shall have power to
enhtract' TO sue and be sued; to make
ana use corporate seal, and to alter
ana break the same at pleasure: To
hold, receive. lease, purchase transfer.
assign mortgage, hypothecate. pledge
or otherwise dispose OF property, real
personal or mixed, corporeaI and i'm,
corporeal; to issue bonds and if de-
sired TO secure same by mortgage: to
noid STOCKS in other companies: to
MAKE ana elect officers and directors:
70 make and establish, alter and amend
bylaws, rules and regulations for its
proper government, as may be deemed |
necessary and proper for the extension
of the business in which the corpor.
alton is engaged.
ARTICLE II. The domicile of this
corporation shall be in the city of |
process shall be made upon the Presi-
dent. or in his absence, upon the |
etary-Treasurer:
poses for which this corporation is
organized and created, and the nature
OF the business to be cavried on by
IL are declared to be as follows:
TO engage in and conduct a general
merchandise produce. commission. and
exporting and importing business; to
Suy; sell. export, import and otherwise
zeal IN groceries, foodstuffs raw and
finished agricultural products mer-
chandlse and manufactured articles of
any nature whatsoever; to manufacture
sore refine, transport and otherwise
deal In agricultural products, manu-
Iactured articles or merchandise of any
nature whatsoever, and generally to
to ana perform all things pertinent
and proper execution of the objects
and purposes hereinabove mentioned
ARTICLE Nv. The capital stock of
the S s s0pP0r of nfi is hereby fixed at
S5O,Oo000), and shall be divided into
and represented by five hundred shares
OF common stock of the par value of
One Hundred Dollars each
Said stock shall be paid for In cash
Or LOT property, or services actually {
,endered to the corporation, or other :
sId q, or cash as provided by law,
and In such manner and at such time :
and In such installments as NAV be :
prescribed by the Board of Directors. a
,o inns ooe corporation shall become a t
o commence business as soon as fifty .
,er cent (5O%) of it's capital stock +
nan nave been subscribed, and fifty
Ter tr cent of all stock subscribed for t
n cash or it's equivalent. n
:, ARTICLE v. The capital stock of +
nj corporation may be increased to n
Dollars (si0O, OOo. oo) by vote o of fwn,
birds of all the stock present or rem :,
esented at special meeting called for D
nsa,;p purpose; or at a regular annual n
ARTICLE VI An certificates OF t,
took issued by this corporation shall o
e signed and counter-signed by the a
resident or Secretary-Treasurer ~
The stock of this Corporation can n
transferred only on the books OF a
ne corporation, and subject to such e,
equations ,h and formalities as may be S;
y the Board of Directors from time s,
time prescribed. No stockholder G,
nail be permitted to sell or otherwise is
,s use OF hrs stock without first offer c;
tockholders. through the Board OF a,
at price not exceeding the OF
oDk value thereof: and said stock CO
S S1ders IN proportion to their holdings re
nan nave an option and first right W
purchase. at the book value of such s,
I0ck on December 81, last preceding. f.
~ me shares of stock to be thus dis. II
I the stockholders, and shall have n,
eriou or ten days in which to accent | an
decline said offer. Should the stock a,
u ,sn syc JecIne to purchase said stock. st
III or dispose of the stock, and NAV cc
SO IN any manner and at any price o.
, may deem fit. -;
Each share of stock is issued herein hs
BON the condition and understanding 90
at no stakeholder shall sell or other. vi
lse transfer his stock in violation
reof. and any such sale or transfer. M
made, shall be void, and this cor, or
ration shall be under no obligation ne
list said stock on it's books or 70 de
gard the holder of the certificats co
ereof. ~ ~
ARTICLE VII. The corporate pow- mn
OF this corporation shall be vested wf
and exercised by a board OF NOT no
IS than three nor more than six direc- ms
$, at the option of the stockholders. | ex
o to constitute quorum when there ap
three directors. three to constitute 10
quorum when there are more than sci
zee and less than six directors. and de;
IT to constitute a quorum should soI
re be six directors, for the trans car
iom " pusIhess. Inc directors or pre-
J.poI ae.on may NOte In person or acc
~ Vr .eiesraphic proxy at any and
sne eunsS OF the BOARD OF Direc- pro
y DlT9Ct0rQ le~o