The herald., 1911-01-19

cess shall be served on the Pres,Sont PA PA
IN ~, inc absence of the President. on the yine.
dresiuent, and in the absence of the Presi-
deht and the Vice President. upon the Sec.
rotary OF this corporation.
ARTICLE III.
me objects and purposes for which th,s
corporation is established and tho natnre ~
.he business to be by IL carried on are no -
py declared 10 be to buy and sell paint. oils
S TalI paper decorating materials Of all kind,
sheet metal and tinsmith materials and tn
carry on the business OF house decoratin,,
IN al Its details and branches as well as
lhe business of sheet metal and tinsmith
worker In all their branches, as well rs to
make contracts in regard TO All said classes
or business, and TO do all things necessary
anu proper or incidental or related to the
sdiu businesses above described.
ARTICLE ".
The capital stock OF this corporation IS
hereby fixed at the sum of Fifteen Thou
sahd Dollars (SlJOOOD, TO be divided into
one hundred and fifty (lJOl shares Of stock
OF the par value OF one hundred dollars
lsloo) a share, the said shares of stock
10 DE fuil paid and worcestershire, and to
DE ISSUED only at par in return for cash, or
work actually done for this corporation ar
property purchased by this CORPORATION and
actually received thereby, after proper reso-
Iutlons TO that effect by the Board Of III
IeSloTS OF TINS corporation.
No transfer shall be binding on this cor
Poratloh until said transfer has been made
on the books thereof.
This corporation shall be a going con.
Germ as soon as three thousand dollars
tS3,OOOl OF its capital stock shall have
oeeh subscribed for, and paid in in cash or
ARTICLE V.
All the powers OF this corporation shall he
u A-T In Il
rectors to be composed of three stOckhOld
ers, any two Of whom shall constitute a
quorum for the transaction OF the business
and affairs OF this corporation. The Board
or Directors shall be elected annually GA
the 10Th day OF January. All directors shall
hold office until their successors are duly
elected and qualified All such elections
shall he by ballot and conducted at the Of
nee NJ the corporation under the superv-
sion OF three commissioners. Each stock
holder shall he entitled TO one vote for. glru
snare or stock standing IN his name on the
books or this corporation, which vote NAV
ne cast IN person or by proxy. duly given
in writing, and a majority OF votes cast
shall elect Each director may be repre-
sented by a proxy duly granted In wrtins
and such proxy shall represent him at all
meetings Of the Board Of Directors. Any
vacancy occurring on the Board Of Dircc-
tors by death, resignation or otherwise, shall
be 1lled for the remainder OF the term by
the remaining directors. failure to elect
directors at the time specified shall not dis
solve this corporation, but the board then
In office shall hold Office until its successors
are elected and qualified. Each director
shall own at least one share of stock.
The Board Of Directors shall be composed
OF the following officers, namely, Presi-
dent. Vice President and a Secretary: the
President shall be the Treasurer OF this
corporation. The first Board OF Directors
shall be the following: Emile u. Levy,
President and Treasure; Charles Baldwin.
Secretary; Moritz Pentes, Vice President
The Board OF Directors may issue full paid
shares OF stock, worcestershire for cash, or
in payment Of labor done for or property
actually received by this corporation.
ARTICLE VI.
Whenever this corporation shall be dis
solved either by limitation or otherwise, or
from any cause Whatsoever. its affairs shall
be liquidated by two commissioners TO be
appointed by the Board OF Directors from
the stockholders or others, the said liqui-
dators or commissioners to be appointed at
a general meeting Of the stockholders con-
vened for that purpose, Of which said stock
holders meeting notice shall be given In the
manner prescribed by the article VII OF this
charter, and majority in amount or the
capital stock represented a. said meeting
shall be requisite to elect. Said liquidators
or commissioners to remain in office until
the affairs OF the corporation are fully liqui-
dated. In case Of the death OF one OF the
liquidators the remaining liquidator shall
liquidate the affairs Of the corporation.
ARTICLE VII.
This act of incorporation may be modi-
fed changed or altered or the said corpora
tion may be dissolved with the assent or
three fourths Of the capital stock repre-
sented at a general meeting OF the stock
holders convened for that purpose, and after
notice to that effect shall have been given in
one or more newspapers published in the
City of New Orleans, La, once week Tor
four weeks preceding said meeting, and by
a written notice to every stakeholder on the
books Of the corporation, mailed thirty days
prior TO said date OF meeting, addressed TO
the address given by the stockholders. o;
the last known address as given by the City
Directory OF New Orleans, La.
ARTICLE VIII.
No stakeholder shall ever be held liable
for the contracts or faults Of this corpora
ton in any further sum than the unpaid
balance due the corporation on the shares
OF stock owned by him, nor shall any infor-
mality in organization OF this corporation
have the effect OF rendering this charter
null or of exposing any stockholders 10 any
liability beyond the unpaid amount still
due on his stock. The subscribers hereto
shall form the original subscription list OF
Thus done and passed in the City of New
Orleans. at nv office, on the day, month and
wear first above written, in the presence OF
Nessrs T, A. Schuber and Z. VI. Robert,
competent witnesses, who have hereunto
signed their names, together with the SAID
appearers and me, notary, after due read
ing of the whole.
Original signed Emile d. Levy, - shares,
SO. 500: Chas Baldwin, l share, 800; NJ
Pentes, / share, 500.
Witnesses-T. A. Schuber, r. VI. R0DDerI
(SeaO SCOTT E. BEER, Not. Pub.
/ the undersigned Recorder OF Mortgages
in and for the Parish of Orleans, state OF
louisiana, hereby certify that the above
and foregoing act OF Incorporation OF the
Levy contracting Co. was this day duly re
corded in Mortgage Office book lois, folio -
New Orleans, La, Dec. -, 1910.
(Signed) EMILE LEONARD, II. X.
State OF Louisiana, Parish or orleans. 80
/ the undersigned Notary Public, certify
that the above and foregoing Is true ana
correct COPY OF the original charter OF Levy
Contracting Co, OF record in my notariaI
records. together with the certificate or the
Recorder Of Mortgages for the Parish or Or-
leans thereunto affixed. 49,,
In faith whereof | have hereunto signed
nv name and affixed my seal OF Office, THIS
10Th dov of December, 1910.
SCOTT T.. BEER, Not. IuD.
noe % 90 ian ) IL 10 1911
CHARTER
OF THE STEWART OIL COMPANY,
IIMIIED.'