The herald., 1911-05-18
ARTICLE V.

All the powers OF this corporation shall be
vested in a board OF directors to be com
posed Of three stockholders any TWO or
whom shall constitute quorum Tor the
| transaction Of the business OF this corpora
| ton. !, ,,,
posed Of the following officers a president
| vice president. and secretary treasurer.
Tho first board OF directors OF this corpora
| ton shall be the following Joseph {. Beals;
president John Schoen, vice-president, ana
| Victor Caparo, secretary-treasurer, when
said board shall hold office until the thlrd
| Monday in April, 1912. when a new board
| shall be elected, and thereafter at regular
Intervals OF one year.
/ AL directors shall hold ONCE untli lheiT
successors are elected and qualified. All
such elections shall be by ballot ana ShalI
| be conducted at the Office OF this corporation
under the supervision OF three commission
ars aDDointed by the board or directors
| Each stakeholder shall have one vote Tor
every share Of stock standing in his name
1 on the books OF this corporation, to be cast
| in person or by proxy, and majority OF
| Tho votes cast shall elect. The other affairs
OF this corporation shall be determined On
| the same basis.
| Directors shall have power TO appear ana
vote in person or by proxy duly given IN
Any vacancy occurring by death, resisna-
| ton or otherwise, on the board or directors;
| shall he filled for the remainder or the Saiu
| term by the remaining directors. 4 failure
| 10 elect directors on the date speclned shali
not dissolve this corporation, but the Doaru
OF directors then in office snail hold oillre
/ until their successors are elected and quail
| fed Each director shall own at least one
share OF stock. All checks shall be signed
by any officer that may be designated Oy 'he
Tine board of directors may appoint from
time TO time such clerks, agents. employees,
a. II deems proper for the purpose or TINS
| cornoration as well as TO enact such Dy-
j laws. rules and regulations, and alter or
amend the same, necessary and proper lot
the management OF, and support OF tne az
fairs OF this corporation. Ihe poaru Vi t' iii
rectors shall have full power to issue iulii
maid worcestershire shares OF the capltai
stock OF this corporation for cash, OF IN
payment OF labor done, or for property OF
business actually received by this corpora
: ton. ,nr,o,pvr
Whenever this corporation shall be dls
solved either by Limitation or from any other
cause It's affairs shall be liquidated by thret
commissioners to be appointed by tne ooaLt
of directors at general meeting ot Wy ~
stockhoIders convened for such purpose, O.
which said meeting, the stockholders shal
be given notice in the manner ana time pro
vided for stockholders meetings by ArtlcL'
= VII Of this charter and majority II
2 smount OF the capital stock OF this corpo
z ration, represented at such meeting shall "
e requisite to determine and elect. Such com
missioners shall remain IN once unIH ,o on
fully liquidated In case or the death .
II one or more Of the said commissioners; IN
d vacancy shall be filed by the remaining
e commissioners, by election
5 ARTICLE VII.
This act of Incorporation may be mod
6ed altered or amended or the said corpO
ration NAV be dissolved with the consent o
II three-quarters of the capital STOCK rePrtt
e sented at general meeting OF tn ne st s,,c
r. holders convened for such purpose AFTER sue
l. notice shall have been given in one or NOR
n newspapers of the city OF New Orleans, ono
V a week for four weeks, preceding the sal
V stockholders, each separately, thirty day
Is priOr 10 the said meeting, at the post ono
address of said stockholders designated b
him in writing, or to his last Known az
dress. ,,,,
II No stakeholder shall ever be held lab
n for the contracts or faults or TINS corpor;
tion IN any further sum than the uhpdi
T. balance due the corporation on shares {
ct stock owned by him nor shall any lnlorIla
90 ity in organization have the effect OF renee
r. ing null this charter, or OF exposing an
N stockholder TO any liability beyond the VI
"a Maid amount remaining due on his stock su
Thus done and passed in my office on til
n oath day of April, 1911, in the presence
Messrs. T. A. Schuber and Jos W. Hell
competent witnesses who have hereun
IN signed with the said appearers ana me- ii
tar, afer a due reading of the whole.
10" ,originaI signedG Subscribers names
fWftnesses) 7. A. Schuber, Jos. w. Hell
EDGAR NJ Calm,
IS. (SeaD NOidty IhOl'
of the undersigned recorded OF mortgag
We in and for the parish OF Orleans. state
he louisiana. do hereby certify that the abo'
b, and foregoing act OF Incorporation OF u
" RhinagoId Co, Ltd, was this day duly T
Is, corded in nv office in book No. 1O1S, fol
New Orleans, La, April Goth, 1911.
CSigned) EMILE LEONARD, by. IL.
l. the undersigned notary, do hereby &c
tify that the foregoing copy Of the chart'
OF the "Rhinegod Co, Ltd" as well as u
certificate Of the recorder OF MORTGAGES
correct. as per the original on file Ia n
- notarial office. 49,, .o,,
- New Orleans, La, April 26th, 1911.
'" EDGAR NJ. CAIN,
fsaan Notary Public.
api ~ may II IS % jun 1911