The herald. [volume] (New Orleans, La.) 1905-1953, 1911-04-13

or stock shall be transferred as regards This
corporation, unless such transfer is made
on the books thereof no such transfer shall
I Hg ulaue unless oy the owner thereof or by
us agent or attorney in fact ANY stock
holder, his successor or assignee who NAV
desire to dispose of or pledge his stock az
any OF 1t shall give the refusal of same in
writing TO this corporation and thr stocL
holders thereof at the book yaIna Of Seid
STOCK as established by an examination of
the assets and liabilities thereof which rn
IuSal shali nave effect and continue for the
term OF ten days from the date thereof
after the lapse Of which said ten DAYS If
said refusal Is not taken advantage OF tho
owner may deal with said shares as he
may ueem Mt and proper. Every stakeholder
shall nave one vote for each and every
snare OF stock standing in his nama.,n rho
books OF this corporation
This corporation shall be a going concern
as so0n as Three Thousand Dollars Of the
capital stock shall have been subscribed for
ARTICLE V.
All the corporate powers Of this ,ornnr.
alton shall be vested in a Board of pirec-
Tors TO be composed Of three stockholders TO
oS erected annually at the place Of business
OF ms corporation by ballot or viva yocp
Each director shall own at least one share
or stock. The Board Of Directors shall be
composed OF President. a Vice President
ana Secretary-Tr Treasurer, any two of whom
shall constitute quorum for the transac-
Ilon or the business of this corporation
The first Board Of Directors and officers
Sna, be elected at meeting Of the stock
holders, from among the stockholders Of this
corporation. the said meeting 10 be held ON
the - day Of April, 1911.
The said directors shall hold their office
uhIl inelr successors are elected and quail
ned The annual meeting Of the Stockhold-
erS TO elect directors shall be on the
failure TO elect directors on said date
shall not dissolve this corpora ton bur the
directors then in Office shall remain in office
dull al, 4
qualined Any vacancy on the Board of
directors shall be filled by the remaining
directors.
ARTICLE VI.
Whenever this corporation shall be dis
solved by limitation or otherwise. its affairs
SHAH be liguidated by three commissioners
10 be appointed by the stockholders con
vened in general meeting for that purpose
or which meeting of stockholders notice
shall be given in the manner provided for
stockholders meetings in Article VII Of this
charter, and a majority in amount of the
stock thus represented at such meeting shall
be requisite to elect. said commissioners
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 he dissolved with the assent of
three-quarterS of the capital stock repre-
Sented at general meeting of the stock
holders of this corporation convened for said
purpose; and after due notice Of the said
meeting shall have been given in one or
more newspapers published in the City of
New Orleans, La. once a week for three
weeks preceding the date of the said meet
ing, and by written notice to each stock
holder on the books Of this corporation, ad-
dressed to said stakeholder at the address
designate ted by him, or his last known ad-
dress, and mailed at least thirty days prior
to the date Of the said meeting.
ARTICLE VIII.
No stakeholder shall ever be held liable
for the contracts or faults of this corpora
tiOn in any further sum than the unpaid bal
ance due by Inn on the shares of stock sub
Scribed by him, nor shall any infOrmality in
the organization Of this corporation have
the effect of rendering this charter null or
of exposing the stockholders to any further
liability beyond the balance unpaid and due
by them on their stock subscription.
The list of subscribers hereto annexed
shall serve as the original subscription list
of this corporation.
Thus done and passed In my office on the
day, month and year first above written, in
Jos. W. Helm, competent witnesses who
have hereunto signed their names, together
with the said appearers and me, notary, af-
ter a due reading Of the whole.
Original signed: f. W. Robert, % shares
(S2SO0D Geo. W. Moore. l share (SlO0D
Leonard L. Stern. one share tS10O).
Witnesses 7. A. Schuber. Jos. W. Helm.
SCOTT f. BEER, Not. Pub.
(SeaD
l. the undersigned Recorder of Mortgages
in and for the Parish Of Orleans, State of
Louisiana, hereby certify that the above and
act of Incorporation of Mississippi
Valley Realty Co. Ltd, was this day duly
recorded in my Office in book 1918, folio =.
New Orleans, La, April 4, 1911.
OSigned) EMILE LEONARD, d. r.
true copy from the original act Of in
in my nOtarial office, together
with the certificate of the Recorder Of Mort
cages annexed thereto and the original sub
Scribers.
New Orleans, La, April 4. 1911.
SCOTT f. BEER, Not. Pub.
Apr Is 20 % may IL
The Race With the Ram.