The herald., 1911-11-23
ARTICLE VII.

While this corporation is incorporated for
the period OF ninety nine years. nevertheless,
at the end of twelve years from the date
hereof a liquidation of this corporation may
be had by any stakeholder or stockholders
having standing in his or their names shares
of stock amounting to or numbering two
thousand shares.
This right is conferred on such stock
holder or stockholders owning or having in
his or their names two thousand shares or
stock standing in their name. on the books
of the company at the time the meeting Of
stockholders is held for the purpose of vot-
ing upon the dissolution of the company.
In case the proper officer OF the company re-
fuses or neglects to call such meeting or
stockholders. after written demand by any
stakeholder, such meeting may be called by
a stakeholder himself aften ten days writ
ten notice sent by mail to the last known
place OF business or residence OF the other
stockholders. This article is only for the
purpose of determining whether this COM
pany NAV be dissolved and liquidated at the
period of twelve years from its incorpora-
| tion. and is not to be construed with Article
| VIII. Should no application be made for
dissolution under this article or should APP
plicatiOn be made and withdrawn, or should
| the requisite two thousand shares rot be
had for the dissolution at any time before
| the twelve year period, this article Is to be
of no effect. dissolution asked by any
| stakeholder to take effect before the end of
| twelve years, or after the expiration OF
twelve years, can only be effected in accord
ance with Article VIII.
ARTICLE VIII.
| This act Of Incorporation may be amend
ed, altered or modified. or the corporation
| the shares Of stock, present or represented.
| at a general meeting Of stockholders called
| for that purpose after ten (10) days notice
in writing mailed to the last known place of
holder.
The capital stock of this corporation may
be increased or decreased in accordance with
| existing laws.
ARTICLE X.
At the expiration OF this charter. or IL
sooner dissolved, under Article Seven or IN
der Article Eight of this charter the affairs
| Of this corporation shall be liquidated by
ed with full power to sell any and all as
| sets of the corporation and to convey full
and complete title thereto, and shall have
power to do and perform all acts necessary
and proper to fully and completely liquidate
the affairs and distribute the proceeds
among the stockholders in proportion to the
amount Of stock held by each; and said d.
rectors shall have the right to apply to the
courts for recognition as liquidating CON-
missioners or receivers
| Thus done and signed in my ONCE. In the
city OF New Orleans, on the day, and in the
month and year first above written, in pres
ence of Louis r. Hoover and Fred c. Quer-
ems, competent witnesses, who have signed
these presents, together with the said ap.
bearers and me, notary, after reading Of the
whole.
i Names Of original subscribers omitted J
Il (Witnesses) L. r. Hoover, f. c. Quer-
ems. PHILIP GENsLER, JR..
/ Notary Public.
I, the undersigned recorder Of mortgages
in and for the parish of Orleans, state OF
Louisiana, do hereby certify that the above
and foregoing act of incorporation of The
Estate Of Lewis s. Clarke, was this day duly
recorded In my Office In book 1851, folio -
New Orleans. October Both. 1911.
(Signedl EMILE LEONARD, d. r.
A true copy of the original charter with
the names of the subscribers and number OF
shares subscribed for by each omitted
PHILIP GENsLER, JR..
(SeaD Notary Public.