The herald., 1911-09-21

shall be made only on the books OF this
corporation subject to the regulations and
therefor.
Each and every stakeholder shall have a
vote for every share of stock standing in
his name on the books Of this corporation.
Each stakeholder may give any other stock
holder his proxy, In writing To represent
him at any and all meetings of the stock
holders of this corporation.
This charter shall be in full force and
effect and this corporation shall be a going
concern as soon as the sum Of three thou
sand dollars ($3,OOO.OOl of its capital stock
shall have been subscribed for.
ARTICLE V.
All the corporate powers Of this corpora
ton shall be vested in and executed by
the board OF directors to be composed OF
three stockholders OF this corporation, and
two of whom shall constitute a quorum for
the transaction of the business Of this cor
poratOn. The first board OF directors shall
be named in this charter, and every subse-
quent board of directors shall be elected
annually on the first Monday of October.
All directors shall hold office until their sue
cessOrs are duly elected and qualified. All
such elections shall be by ballot and shall
be conducted at the office OF this corpora
ton under the supervision of three commits
siOners 10 he appointed by the board OF d.
rectOrs. Notice OF every ruch election shall
be given 10 the stockholders ten days prior
to the said election by letter directed to
each and every stakeholder addressed TO him
as per the address given on the books OF
this corporation. The board OF directors
shall hold office for the term OF one year,
and any vacancy occurring during the term
shall he filed by election among the remain
ing directors. A failure to elect directors
on the date specified shall not dissolve this
corporation, but the directors then In Office
shall hold Office until their successors are
duly elected and qualified Each director
shall own at least one share OF stock. The
boa rd of directors shall have the power to
m
| lations for the management of this corpO-
ration; to regulate the transfer of stock,
and TO appoint and discharge all clerks,
agents and employees, as well as to fix their
| compensation. Each director shall have
| the power TO appoint proxy In writing to
| represent him at all meetings OF the board
of directors, and said power or proxy may
be given to one not stakeholder In this
| corporation.
| The board OF directors shall elect from
| its number a president, vice-president and
The first board of directors shall be the
| following: Chas. ID. Frost, president; Ennis
A. Segrave. yice-presldent; Howard A. Sc
grave, secretary treasurer.
ARTICLE VI.
Whenever this corporation shall he dis
| solved. either by Limitation or otherwise, Its
affairs shall be llquidated by two commits
sioncrs TO be appointed from among the
stockholders to be convened In general meet
ing for such purpose, OF which meeting, no
tice shall be given in the manner and time
prescribed by the next article OF this char
ter, and a majority In amount OF the capi-
tai stock OF this corporation represented at
the said general meeting shall be requisite
to elect And the said commissioners shall
remain In office until the affairs Of the cor
pOration shall have been fully liquidated-
ARTICLE VII.
This act OF incorporation may be changed
altered or modified or amended, or this cor
/. h ahn ma ha
dissolved, with the assent OF three-quarters
OF the capital stock represented at general
meeting of the stockholders convened for
that purpose, and after notice OF such meet
ing shall have been given In one or more
newspapers Of the city OF New Orleans, la,
once a week for four weeks preceding the
said meeting and by a written notice to
each and every stakeholder as per the books
OF this corporation, mailed to him thirty
DAYS prior to the date OF the said meeting,
at the post Office address designated by him
In writing.
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 this corporation on the shares
OF stock owned by him, nor shall any infor-
mality in the organization OF this corpora
ton have the effect Of rendering this charter
null or OF exposing the stockholders to any
further liability than the unpaid amount re-
naming due on his stock subscription.
| The list OF subscribers nereunto annexed
shall serve as the original subscription list
OF this corporation.
Thus done and passed In this city OF New
Orleans on the day, month and year afOre
said In the presence OF Messrs. Sidney Eek
5 erie and +. A. Schuber, competent witnesses
I who have hereunto signed their names, to
: gether with the said appearers and me, no
2 tary, after a due reading Of the whole.
I (Original signed) Chas. ID. Frost. II
! shares $1,000; and others. (WitnesseS)
q Sidney Eckerle, r. A. Schnber.
Y SCOTr Il. BEER, Not Pub
e (seaD
Y l. the undersigned recorder or mortgage
in and for the parish or Orleans, state o
| Louisiana, do hereby certify that the aboV
and foregoing act OF Incorporation or IN
Is Howard A. Segrave, Inc" was this "a
: duly recorded In my Office in book lO5l
d folio 147.
Il New orleans, Aug. oath, 1911.
2, (Signed) EMILE LEONARD, D.t
E. State Of Louisiana,
Re Parish Of Orleans.
ID This Is to certify that the above and for
n going is a true and correct copy or the Orli
h inal act OF Incorporation OF the "HowaI
ID A. Segrave Inc" together with the certil
III cate OF the recorder or mortgages Tor N
1e parish Of Orleans, except the names or u
OF subscribers thereto.
u. In faith whereof I have hereto signed n
a name and affixed my seal, this 24th day
nv fSean scorr r. BEER. Not. Pub.
n aug 81 sep IA 81 IS oct 1911