The herald. [volume] (New Orleans, La.) 1905-1953, 1911-10-05
ARTICLE ".

The capital stock Of this eorpOnt,w
1ere6y nxed at ten thousand dollan, b 4
divided into four hundred shares at M N
vaIIe Of twenty-five dollars each. VA
snail be paid for In cash, labor perforu|
or property conveyed. which stock shiE 4
worcestershire. Transfer Of stock shan n
MADE only on the books Of the eoupsgI
under such rules and bylaws as nav i
established by the board of directors IA
corporation shall comm ence business yhs|
three thousand dollars Of stock shall
subscribed and paid for.
ARTICLE V.
All powers OF this corporation shall Il
vested in board of directors, composd 4
three stockholders, said directors shall 4
elected annually by the stockholders o. 4
INST day OF February of each year, comn1I
ing February l, 1913. At such election 81
stakeholder shall be entitled to one VI
on each share Of stock held by him
case or any vacancy on the board. ah d
cancy shall be filled by the remaining trs|
tors. The board OF directors shall contsf|
IN office until their successors shall n
been elected and qualified, and theif an
TO hold meetings shall not have the sss5|
OF rendering this charter null. Meeting s
stockholders shall be held only after
days notice of such meeting shall y
been given by the Secretary-Trea 4
writing, either In person or by nail, % -
stockholder ten days prior to said rs
ing.
Any member Of the board absent from
city or unable TO attend a meeting .
give his proxy to another director 70 n
resent him at such meetings. The bosia
directors shall, Immediately after Their ~
ton, appoint out of their number ~
dent, a Vice President and a Seefea
Treasurer. The first board shall bold Ol
until Feb. l, 1913, or until their s1ccd
are elected, and said first board Of dlie.
shall be composed Of James ). Gaute
Joseph Mailhes and Michel S. Mallhs
James S. Gauthreaux, President rs
Mailhes, Vice President, and Alcns
Mailhes, Secretary
ARTICLE W.
This charter may be amended or ne
poration dissolved or ordered liquldals
three-fourths Of the stock present ana
Ing at a meeting Of the stockhoiden -
Tor that purpose. after the notice e'~
above prOfided for.
Whenever this company shall ee ~
ed, either by liquidation or e1pln
charter or otherwise, three liquidaIen !,
be appointed by the stockholders 81 n
eral meeting held after the nouG
shall have been given. Inc ~
shall remain In office until the Iu I'll
dalton of the company, and Ia case y ,rI
or resignation or inability to sa I'll
of the liquidatOrs, the stockholeen.. =, q
elect a successor as above proVloeuu. u
until such appointment the SURVIVES
dators shall act
ARTICLE Will
No stakeholder shall ever be helou -
sible or liable for the faults or y
that may be due by them In tne ~, ~. n
scribed by them and no informAiy -
ganlZatlOn shall have the enecl y. 81
ing this charter null or exposing -, 81
holders to any liability beyonu "a ~
unpaid balance that may be due
stock subscription. -, -
Thus DONE AND PASSED, ID W a. n
81 CarOndelet street, this clg. xrr,fI
day, month and year hereln5npyy,,.m OF
In the presence of MeSsieurs VILE .,rvs<I
Hanson aud John J. McCloskey, ~ 81
witnesses. who hereunto sign theL q
with the said aDeparers and me- .ssir 81
said appearers w'it'ng opposite li.srrIb5 n
the number Of snlres Of stock sns so1s>3I
them. which shall act as the sloe>
tiOu list.
(Original signedl ,,pr ,REss
JOHN NCCLOSEEY,
WILLIAM CERISTlANSON,,, nyER
JIM Notary Psgyr
I. the undersigned, Recorder y -ss>I
cages in and for The Parish o. no
State u Louisiana. DO hereby 5000
the above auI foreroing act OF lns' q
OF the Mai.hrs and company Psok ~
duly recorded IN my office IN ~
folio l53. .o,,
New Orleans, Jug. %, lsHIiL,pn D ,
tSignedl ElilLE Lbo
4 true CCpg. ,,>, vAGyEA. |
Aug. 81. sepi. :, Il, 81, IS; o. /