The herald. [volume] (New Orleans, La.) 1905-1953, 1911-12-07
ARTICLE V.

All the powers of this corporation shall
be vested in and the business and affairs
shall be managed by a board OF three d.
rectors, who shall be elected annually at a
meeting of the stockholders held on the
first Monday of December OF each year. eX-
cept the first board Of directors named in
this charter, who shall hold office until the
first annual meeting. which shall take place
on the first Monday OF December, 1912.
All vacancies in the board or officers shall
be filled by the remaining directors.
All elections shall be held by ballot at
the Office of the company under the super
vision OF two commissioners to be appointed
by the board of directors.
Notice Of such meeting shall be given by
the secretary treasurer in writing. delivered
to each stakeholder in person, or mailed TO
prior TO such election: but this notice may
be waived by all the stockholders.
At all such elections and at all meetings
Of the stockholders, every stakeholder shall
be entitled TO one vote for each share of
stock standing in his name on the books of
the company, said votes to be cast in per-
son or by written proxy. A majority Of the
votes cast shall elect.
The failure to elect directors shall not
dissolve or affect the corporation. but the
directors in Office shall remain in office until
their successors are elected and qualified.
The board OF directors shall elect as soon
as possible after their own election. from
among their own number. a president, a
vice-president. and secretary-treasurer +;
and may grant to each officer such powers
as they deem proper.
The board OF directors shall be vested
with full power to adopt all bylaws, and to
amend or repeal the same at pleasure; and
shall have full power TO make all contracts,
and take any other action q hat may be
necessary In behalf Of the Company.
The first board of directors shall consist
OF Emil c. Roehl. Melville Israel and John
Janvier; with Melville Israel, president /;
John Janvier, vicepresident; and Emil c.
Roehl, secretary treasurer.
ARTICLE VI.
Whenever this corporation shall be dis
solved, its affairs shall be liquidated by two
commissioners appointed by the stockholders
at a general meeting convened for that pur-
pose, of which notice shall be given as pro-
yided in Article VII Of this charter. ma
jOrity in amount of the capital stock pres
ent or represented at such meeting shall
elect. In case of the death, resignation or
inability to act Of either of said commits
si0ners, the vacancy shall be filed by the
stockholders after a similar notice until
which time the survivor shall continue to
act. Said notice of meeting may be waived
by the unanimous consent OF the stock
ARTICLE VII.
This act of Incorporation may be modi-
fed, changed or altered, or said corporation
fourths of the capital stock present or rep
resented at a general meeting of the stock
holders convened for that purpose; and
after notice shall have been given In a daily
newspaper published in this city once a
week for thirty days preceding the meeting.
The said notice may be waived by the
unanimous consent of all the stockholders.
Any change made or proposed with refer
ence to the capital stock shall be made In
accordance with the laws of this state on
the subject of altering the capital stock of
ARTICLE VIII.
No stakeholder shall ever be held liable
for the faults or contracts of said corpora
ton in any further sum than the unpaid
balance due to the corporation on the shares
owned by him, nor shall any mere informal
ity In organization have the effect of render
ing the CHARTER null or exposing any stock
holder to any liability beyond the unpaid
balance due on his stock.
The subscribers hereto have respectively
written opposite their names the amount of
stock owned by them In this corporation, so
serve as the original subscription list of the
corporation.
Thus done and passed at my Office in the
city of New Orleans, state of Louisiana, on
the day, month and year herein first above
written, in the presence of Messrs. Thomas
A. Tabary and Zachary Adler competent
witnesses of the age OF majority and resi-
dents of this city,, who have signed their
me, notary, after reading Of the whole.
(Original SignedD Melville Israel, II
shares; John Janvier, one share; Emil c.
Roehl, IL shares.
T. A. Tabary, Zachary Adler.
CHARLES ROSEN,
(seaD Notary Pubic.
/, 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
Roehl-Israel Woodworking Company was
this day duly recorded in my ONCE in Book
(Signed) EMILE LEONARD,
(SeaD Dy r.
New Orleans, Nov. %, 1911.
l hereby certify that the above and fore.
going is a true and correct copy of the orig
inal on file and of record in my office in thf.
city. Witness my hand and seal OF Office
this 2Sth day of November, 1911
CHARLES ROSEN,
Notary Public.