The herald. [volume] (New Orleans, La.) 1905-1953, 1911-09-14
ARTICLE ".

The capital stock of this corporation b
hereby nxed at ten thousand dollars 10 b
divided into four hundred shares AT fbe u1r
VaI1e or twenty-five dollars each, whiA
snail be paid for in cash. labor performed
OF property conveyed, which stock shall h
worcestershire. Transfer of stock shah h
made only on the books OF the compaur.
under such rules and bylaws as NAV X
established by the board Of directors This
corporation shall commence business when
three thousand dollars of stock shall h
subscribed and paid for.
ARTICLE V.
All powers of this corporation shall k
vested In board Of directors, composed Il
three stockholders. said directors shall y
erected annually by the stockholders on the
nst DAY or February of each year, commenc
ing February l, 1913. At such election eaeh
stakeholder shall be entitled to one vote
on each share of stock held by him. IN
case or any vacancy on the board, said W.
cancy shall be filled by the remaining dire
tors. The board Of directors shall-c0ntilR
In office until their successors shall have
oeen elected and qualified, and their failure
10 mold meetings shall not have the efec5
OF rendering this charter null Meetings Of
stockholders shall he held only after zen
DAYS notice of such meeting shall have
Deen given by the Secretary Treasurer p
writing, either in person or by mail to eaca
stakeholder ten days prior 10 said meet
ing.
Any member OF the board absent from Tie
Icity or unable TO attend a meeting np
give his proxy to another director to 70
resent him at such meetings. The board q
directors shall, Immediately after their eet-
tlon, appoint out Of their number Pres
dent, Vice President and a Secretary
treasurer. The first board shall hold cfn8
until Feb. /, 1913, or until their SUCCESSOR
are elected. and said first board Of direcfon
snail be composed of James 5. GauffeaH
Joseph Mailhes and Michel s. Mailhes WIZ
James ). GauthreauX, President; ycses
Mailhes, Vice President. and Michel =
Mailhes, Secretary-Treasurer.
ARTICLE VI
This charter may be amended or the cor
poration dissolved or ordered iquidated
three-fourths Of the stock present and w
Ing at meeting Of the stockholders cahH
Tor that purpose. after the notice Is given
above profided for.
ARTICLE VII
Whenever this company shall be dsson
ed, either by liquidation or expiration II
charter or otherwise, three liquidators snAs
be appointed by the stockholders at ~
eral meeting held after the notice ~
shall have been given. The Iqulnsws
shall remain in office until the ful! nq4a
dation Of the company. and in case Of Hs y.
OF the liquidators, the stOckholders ~
elect a successor as above provided feF
until such appointment the surviving nv
dators shall act.
ARTICLE VIII.
No stakeholder shall ever be held respsrr
sible or liable for the faults or ooligs,us<
OF the company beyond the unpaid ~ - -
that may be due by them in the sioes ~
scribed by them and no informally i -
ganiZatiOn shall have the effect OF I'LL nssrt
ing this charter null or exposing the 49, .
holders to any liability beyond the ~
unpaid balance that may be due On
stock subscription. ser
THUS DONE AND PASSED. In my OH ~
317 Carondeet street this city, on ,..sn
day, month and year hereinab0ye WIZ
In the presence OF MesSleurs william cIssrf
Hanson and John ]. McCloskey, ecn psms
witnesses, who hereuntO sign their No a.
with the said apeparers and me, noiAys ~
said appearers writing opposite men ii
the number of shares of stock sueser..sesri6
them, which shall act as the STOCK s''- F
ton list.
Original signedD .,uas
JOHN McCLOSKEY.
WILLIAM CIIRISTIANSON: ,xup a
JOHN WAGN,Eks;,.
Notary PUBL
I, the undersigned, Recorder ota.issn
cages, in and for the Parish OF u ~
State of Louisiana, do hereby cerlnsy,sfja
the above and foregoing act OF ineoi sss ~ 6
OF the Mailhes and Company WIS. ~ lost
duly recorded in my office In Booh
folio 153.
New Orleans, Aug. %, 1911.
(Signed) EHILE LEONAkp' - z "a
true copy. .rsrR
Notary p
Aug. 81, Sept. 7, II, Il, % oes