The herald., 1911-12-21

tire capital stock, said dividends shall be
distributed to the shareholders proportional
10 the amount of their holdings irrespective
of the class of stock held by each. In the
event Of liquidation or OF the disposal OF the
assets of the corporation. the holders OF
said preferred stock" shall be paid the par
value of the same together with the divi-
dends above provided before any payment
is made on the common stock.
ARTICLE ".
The officers of this corporation shall con-
siSt of a president, n vice president and a
secretary treasurer. who shall be elected by
the board of directors from among its men,
bers. The board of directors shall consist of
seven stockholders, four of whom shall con-
stitute a quorum for the transaction OF
business and all corporate powers shall be
vested in and exercised by said board. The
shall be as follows: William B. Reilly,
president; Henry E. Chambers, vice presi-
dent: George F. Baker, secretary-treasurer.
and John B. Reilly, Jacob Aron, William b.
shall serve until the second Tuesday in
June. 1912. or until their successors are
elected and said board shall be elected ap-
nually on the second Tuesday in June In
each year or as soon thereafter as possible
at stockholders meeting convened for that
purpose, due notice of which shall be given
TO each stakeholder in writing mailed or de-
livered In person to his last known address
Each share of stock sna,. be entitled to one
vote, to be cast by the stakeholder in person
or by proxy and majority OF the stock
present or represented shall elect.
ARTICLE V.
This act Of Incorporation may be changed
altered or amended. or the corporation may
be dissolved with the assent OF three-fOurths
of the total stock a a special meeting call
ed for that purpose and after its objects
shall have been made known by thirty days
previous notice in writing, delivered or mail
ed to each stakeholder. Whenever this cor
poration is dissolved its affairs shall be IL
| qudated by two commissioners appointed
| from the stockholders by the board Of direc
| tors.
No stakeholder shall ever be held liabl,
| or responsible for the contracts or faults Of
/ this corporation. nor shall any mere lnfor
mality In organization have the effect o.
rendering this charter null or of exposing 4
/ stakeholder to any liability. No note o.
other obligation shall be binding on thi
company unless signed by the president an'
| countersigned by the secretary treasurer ant
then only for legitimate purposes OF the bus
| mess.
| Thus done and passed in my Office in tn
| city of New Orleans on the day, month AM
| wear first above written, in the presence o
i John b. Redmond and A. Reidlinger, com
| petent witnesses, who hereunto sign thei
i names with said appearers and me, notary
/ after the due reading of the whole.
i (Original signed) VIM. B. Reilly. an
i others. (Witnesses) Jno. b. Redmond, \
| Reidlinger. -
wM. ANDREW COLLINS.
/ Notary Public.
n I. the undersigned recorder of mortgage
i in and for the parish OF Orleans, state o
| Louisiana. do hereby certify that the abov
and foregoing act Of Incorporation OF 9TH
John Reilly Hoe Company. Limited" wa
this day recorded in my office. in book 1901
II New Orleans, November ., 1911.
II (Signed) EMILE LEONARD, ID. X
II A true copy:
. (SeaU (Signed)
Il WM ANDREW COLLINS,
Notary Public.
/. Dec. IA. 81, IS; Jan. 4, IL, Is, 1912.