The herald., 1911-05-04

corporation, unless such transfer is made
on the books thereof; no such transfer shall
be made unless by the owner thereof, or BY
his agent or attorney in fact. ANY stock
holder, his successor or assignee who NAV
desire to dispose OF or pledge his stock or
any or II shall give the refusal of same in
writing to this corporation and the stock
holders thereof, at the book value OF said
stock as established by an examination of
the assets and liabilities thereof, which re-
fusal shall have effect and continue for the
term OF ten days from the date thereof,
after the lapse OF which said ten DAYS. IL
said refusal Is not taken advantage OF, the
owner may deal with said shares as he
may deem mt and proper. Every stockholder
shall have one vote for each and every
share Of stock standing in his name on the
books OF this corporation.
This corporation shall be a going concern
as soon as Three Thousand Dollars OF the
capital stock shall have been subscribed for.
ARTICLE V.
All the corporate powers OF this Corpor-
alton shall be vested in q Board OF Direc-
tors 10 be composed OF three stockholders to
be elected annually at the place OF business.
of this corporation by ballot or viva voce.
Each director shall own at least one share
OF stock. The Board Of Directors shall be
composed Of a President, a Vice President
and a Secretary Treasurer, any two OF whom
shall constitute quorum for the transac-
ton OF the business OF this corporation.
shall be elected at meeting OF the stock
holders, from among the stockholders OF this
corporation, the said meeting to be held on
the day OF April, 1911.
The said directors shall hold their Office
until their successors are elected and quail
fed. The annual meeting OF the stOckhold-
ers TO elect directors shall be on the
A failure TO elect directors on said date
shall not dissolve this corporation, but the
directors then in office shall remain in Office
until their successors are duly elected and
qualified. Any vacancy on the Board of
Directors shall be filled by the remaining
directors.
ARTICLE VI.
solved by limitation or otherwise. its affair,
shall be liquidated by three commissioner,
to be appointed by the stockholders con
vened in general meeting for that purpose
OF which meeting OF stockholders, notice
shall be given in the manner provided fOr
stockholders meetings In Article VII OF thi,
charter, and a majority in amount Of the
stock thus represented at such meeting shall
shall remain In office until the affairs OF
said corporation shall have been fully liQui
ARTICLE VII.
This act of Incorporation may be modi
fed, changed or altered, or the said corpora
ton may be dissolved with the assent oi
three-quarters OF the capital stock repre-
sented at general meeting OF the stock
holders or TINS corporation COnNeHeu IOT SAT-
purpose: and after due notice OF the saiC
meeting shall have been given In one ol
more newspapers published in the City o.
New Orleans, La, once a week for three
weeks preceding the date OF the said meet
| ing and by a written notice to each stock
hslder on the books Of this corporation, ad
| dressed to said stockholder at the address
designated by him, or his last known ad
dress and mailed at least thirty days prio
to the date OF the said meeting.
ARTICLE VIII.
No stockholder shall ever be held lisbl
| for the contracts or faults Of this corpora
| tion in any further sum than the unpaid bal
ance due BY hm on the shares Of stock sub
| scribed by him, nor shall any informality II
| the organization Of this corporation hav
| the effect of rendering this charter null o
| of exposing the stockholders to any furthe
liability beyond the balance unpaid and du
| by them on their stock subscription.
| The list OF subscribers hereto annexe
! shall serve as the original subscription lis
| OF this corporation.
| Thus done and passed In my office ON tn
| day. month and year first above written, i
the presence OF Messrs. T. A. Schuber an
JOS W. Helm, competent witnesses wh
have hereunto signed their names, togethe
with the said appearers and me, notary, a
ter a due reading OF the whole
Original signed F. W. Robert, % share
| (s2SOOC Geo. W. Moore, l share, (SlOO)
Leonard L. Stern. one share lS1OOl.
| witnesses T. A. Schuber, Jos. W. He'll
SCOTT E. BEER, Not. Pub.
(SeaD