The herald., 1911-12-14

No stakeholder shall be liable for any
ueOt or OOligation OF the corporation fur
ther than their unpaid subscription to the
| capital stock. This corporation shall be-
gun business as soon as i've hundred (5OOl
shares shall have been subscribed for.
ARTICLE V.
All the corporate powers of the said cor
poratlon shall be vested in and exercised
oy board OF directors. composed of not
less than five or more than seven stock
holders TO be elected annually on the see
Ohd tuesday in January OF each year ::
| but the first election shall be on the sec.
ond Tuesday in January, 1913, and the
directors hereinafter named shall remain
IN IN Once until that time, or until their
successors shall have been selected and
quallhed. All such elections shall be by
ballot, and shall be conducted at the office
Oh the corporation under the superinten-
dence OF three stockholders who shall act
as commissioners, and who shall be an
pointed by the board of directors Ten
days prior notice of each election shall
be given in daily newspaper published
IN the english language in the city OF New
orleans. Each stakeholder shall be en-
tltled TO one vote for each share of stock
held by him, either in person or by proxy,
ana each stakeholder may cast all OF his
votes for one individual, or NAV divide the
same among several individuals, as such
stockholder may desire; provided that no
fractional vote shall be counted or con-
Sluered. Inc seven persons receiving the
highest number of votes, shall constitute
the board of directors for the ensuing
term and shall at once assume their Do
sitlons as such, and shall serve and con-
tlnue in Office until their successors shall
nave been elected. A failure TO elect d.
rectors, as above specified, shall not dis
solve the corporation but the board of
director sshall continue to act until an
election shall be held, which shall be as
soon as may be after the ten DAYS no.
tlce as above provided. Vacancies occur
Ing In the said board from any cause
whatsoever, shall be filled by the remain
ing directors. Four directors shall CON
stitute quorum for the transaction Of
any business. The said board of drec-
tors at It's first meeting following the cleo
ton each year, shall elect from its num-
Der a president, vice-president, a sec
rotary and a treasurer. The board shall
also appoint, from time to time, and dis
agents and other employees as they NAV
deem necessary for the business and pur-
pose or said corporation, and may make
and establish, as we'll as amend and alter,
all bylaws, rules and regulations reQui-
site for the support and management of
the corporation. Said board of directors
shall have the power and authority to
poses and objects for which this corpora.
ton Is formed, and as hereinabove speci-
fed, and to do all things necessary and
appropriate to this ,o end
This act of Incorporation, or any arti-
Gle In this charter, may be changed, al
tered or amended, or the corporation may
be dissolved at general meeting OF the
stockholders convened for such purpose,
after ten days notice shall have been ad-
vertised In daily newspaper published
in the city of New Orleans, provided the
owners OF three-fourths of the shares of
stock represented at such meeting shall
vote in favor of such change, alteration,
amendment or dissolution. Such changes
as may be made in reference to the capt.
tai stock shall require thirty days prior
written or printed notice addressed and
mailed to each stakeholder at his usual
place of residence, and the affirmative |
vote Of the owners Of majority Of the
shares of the capital stock.
ARTICLE VII.
Whenever this corporation shall be dis |
solved, whether by Limitation or from any
other cause, its affairs shall be liquidated
by commissioner to be appointed by the |
board of directors, and in case of the |
death of said commissioner, or of his re- |
fusal or inability to act, the said board |
shall appoint a successor, and. IL necessary,
be such commissioner In office until the !
affairs of the corporation shall have been |
fully and finally aRyT,6 liqHid 1ted
No stakeholder shall ever be held liable |
or responsible for the contracts or faults |
OF said corporation In any further sum |
than the unpaid balance due on the shares |
mere informalIty in organization have the |
effect of rendering any stakeholder liza |
bic beyond the amount due on his stock, |
or OF annulllng this charter.
ARTICLE TX.
Messrs. Charles Kohlmeyer, Joseph |
Meyer, George G. Voitier, Charles Rainey |
and James E. Vergnes shall constitute and |
serve as the first board Of directors of this |
with Charles Kohlmeyer as |
president, Charles Rainey as vice-president, |
George G.. Voitier as secretary and James |
Z. Vergnes as treasurer.
Thus done and passed In my Office In |
the city Of New Orleans, aforesaid, the day, |
month and year as aforesaid, in the |
presence of Messrs Benjamin T. Waldo |
and Joseph DAILY, witnesses of lawful age, |
residing In this parish, who have signed |
their names with the said appearers and |
me, notary, after due reading OF the whole |
(SignedJ J. z. Vergnes, 12J shares (; |
George G. Voitier, 125 shares Chas. Kohl |
meyer, 125 shares; Chas. Rainey, 125 |
shares. witnesses signed) Benz. T. WAL |
10, Jos. DAILY.
LEWIS R. GRAHAM, Not. Pub
I hereby certify that the foregoing Is a |
true and correct copy Of the original act |
n Incorporation of the San Jose Mining |
Company of Caxaca and chihuahua, Next |
20, on file, in my notarial archives.
LEWIS X. GRAHAM, Not. Pub.
/, the undersigned, recorder of mort |
cages, in and for the parish of Orleans, |
state of louisiana, do hereby certify that /
he above and foregoing act of incorpora- /
ion of the San Jose Mining Co. of 0axaca |
Ind chihuahua, Mexico, was this day duly |
recorded in my office, in book 1851. folio =.
New Orleans. November 4. 1911.
tSigned) EMILE LEONARD, d. z. |