The herald., 1911-03-09
ARTICLE ii.

ARTICLE ii.
The objects and purposes for which said
corporation is established and the nature OF
the business 10 be carried on by it are de-
clared 10 be to engage in the business of
buying and selling coal and coke, wood and
all kinds OF fuel, as principal or on com
mission; to carry on a general coal and
coke and wood business to carry on the
| business or drayage OF coal and coke and
other commodities, and TO do any act or
thing that may be necessary or proper TO
promote and further the interests, and TO
accomplish the objects and to carry on the
business OF said corporation.
ARTICLE III.
The domicile OF said corporation shall be
IN tle Clty OF New Orleans, Louisiana, and
all citations and other legal process shall be
served on the president OF said corporation,
or In his absence upon the yice-nresident
and In the event OF the absence of both.
upon the secretary Of said corporation.
ARTICLE ".
The capital stock Of said corporation is
hereby fixed at the sum Of three Thousand
dollars (S3,O00.OO) to be divided into thirty
l3Ol shares OF the par value of one hun
dred dollars (s100.00) per share, which said
stock shall be full paid and worcestershire.
said stock shall be paid for in cash. or in
property, or in work done for. or services
rendered TO, said corporation, as NAV he
decided by the Board OF Directors and unop
sucn terms, and at such time, and in such
manner, as may be fixed by the Board of
ARTICLE V.
All the corporate powers of said corpor
atIon shalI De vested in Board Of Direc
tOrs composed or three stockholders to be
elected a. an annual meeting of the stock
noIders TO be held on the fourth Thursday Of
January each year. All such election shall
De by ballot. OF such elections ten 11O1
days previous notice shall be given in 2
newspaper published in the City of New
orleans, State Of louisiana A majority OF
the votes cast shall elect, and each share
OF stock shall be entitled to one vote 10 he
cast by the owner either in person or by
proxy. All directors shall continue in ofic.
until the fourth Thursday in January next
doIIoMIng tnelr election, or until their sue
cessors are elected and qualified. A failure
70 elect directors on the date above speci-
ned shall not dissolve the corporation but
IN such event, the existing Board of Direc-
tors may cause another election to be held
at any time thereafter, whereof ten DAYS
previous notice shall be given in a news
paper published In the City of New Orleans
vacancies occurring in said Board of Direc-
hlled by the remaining directors The On
GERS or this corporation shall consist of a
PRESIDENT, Vice-President, Secretary and
Trreasurer, but the offices Of Secretary and
same person. majority of directors shall
constitute quorum for the transaction OF
business. The Board Of Directors at their
nrst meeting following such annual cleo
tion, snail elect from their number a pres
ldent, vlee-presdent, aSsecretary and a treas
urer, who shall continue in office during
the term Of the then existing Board OF nj,
rectors, or until the successors Of such OIL
GERS are elected and qualified. Said Board
or Directors shall have full power and an
thorlty to borrow money, execute mortgages
issue notes and bonds, to pledge the same,
and generally to do all things pertinent to
or necessary for, the objects and burmese,
or said corporation, or which are, or NAV
be, permitted by the laws applicable TO cor
Porations. Said Board Of Directors shall
nave power to make and alter, or amend.
suitable bylaws for the government Of sail
corporation.
ARTICLE VI
Whenever this corporation is dissolved.
either by limitation or from any other
cause, its affairs shall be liquidated BY three
commissioners con to be appointed from among
the stockholders convened for such purpose.
OF which meeting thirty days previous no.
tlce shall be given by advertisement in a
newspaper published in the City of New
dreams. But any such meeting may be
held without any delay and without adyer-
tlsement and notice, IL all DELAY and ad-
vertlsement and notice of the proposed
meeting meeting be waived In writing by ali the
three-fourths of the outstanding stock of
SAID corporation, present or represented. at
such meeting, shall be requisite to elect
shall remain O Office S Snf cor
SAID corporation shall have been fully set
tied and Gquidated; and In case, from any
cause, a vacancy or vacancies occur among
SAID commissioners, the remaining commis
sioner or commissioners NAV fiji fhe vaca.c,
or vacancies.
ARTICLE VII.
Ihls act Of Incorporation NAV be chanpad |
modlhed, or altered, or said CORPORATION 1sy
ee dissolved, with the assent OF three |
IOuaths OF the outstanding stock OF said cor
Poratlon, present or represented at apy cen |
eraI meeting Of the stockholders coIyen.d
Ior such purpose, after thirty DAYS pr.yion.
noeiee on such meeting shall have been Civ.
lished In the City Of New Orleans Rnt an,
Such meeting may be held without anv de-
Iay and without advertisement and notice q,
an delay and advertisement and notice Of
by all stockholders.
ARTICLE VIII.
NO stockholder shall ever be held liable
or responsible for the contracts or faults ~
ssld corporation in any further sum than
the unpaid balance due on the shares on
STOCK owned by him, nor shall any mere in
IormaIity In organization have the effect of
rendering this charter null, nor of exnos-
ing a stockholder to any liability beyond the
amount due on his stock. 'N'
ARTICLE TX.
This corporation shall commence bushes,
as soon as thirty 800 shares of its stock
nave been subscribed for. The following
named three persons have been named AS
and shall constitute. the first Board of hi,
rectors or said corporation and shall serve
as sucn until the fourth Thursday Of JAN
uary, 1912, or until their successors are
elected and qualified, to-wit: Mrs. Rebecca
Love Love Henron, Joseph Love and James E.
~ Donnell. with said Mrs. Rebecca Love
Hefron as president, said James r. O'Don-
nell as vice-president and said Joseph Love
as secretary and treasurer
=, Thus done and signed in my ofhce, in the
lily OF New Orleans, In the presence OF
Alexander Bugdahl. Jr., and Byron L. Pond |
competent witnesses, both Of this city. who
nave hereunto signed their names with IN.
sald appearers and me, notary, on the day
and date first above written.
SIGNATURES Of Subscribers and Witnesses
(Signed) ]. ZACH. SPELRINC
Not. Pub.