The herald., 1911-08-31

put IL may establish offices and agencies
| throughout the United States or foreign
| countries. All citations and oGner legal
| process shall be served ON the president,
and in his absence ON the vice president.
ARTICLE III.
The objects and purposes for which this
corporation Is organized and the nature of
the business to be carried on by it, are
hereby declared TO be: To own, lease, pur-
chase and operate hotel or hotels in the
State of Louisiana and elsewhere, and par
ticuiariy 10 own and operate the ST. James
Hotel at Hammond, TangipahOa parish, of
this State of Louisiana; to do and perform
any and all things necessary appertaining
to the hotel business.
ARTICLE ".
The capital stock of this corporation is
fixed a. the sum of Five Thousand Dollars
(SJ,OOOOO), divided into Five Hundred
shares, at the par value of Ten Dollars
$4,000 per share, each of which shall be
paid for in cash, or its equivalent thereof
ARTICLE V.
All shares of stock shall be full paid and
nonaSseSsable No transfer of stock shall
be binding upon the corporation unless
made upon Its books, and all certificates of
stock shall be signed by such officers as
may be designated by the board of direc-
tors.
ARTICLE vi.
All the corporate powers of the company
shall be vested in and the management and
control of its affairs shall be exercised by
stockholders, which number may be increas-
ed or diminished at the discretion of the
board of directors. A majority of the di-
rectors shall constitute a quorum for the
transaction OF all business. The directors
shall be elected annually Gy ballot by the
stockholders on the second Monday in Au-
gust, in each year. Each stakeholder shall
be entitled IN person or by proxy to vote
for every share owned by him aid stand
ing In his name on the books Of the cor
poration at the time of the election or
meeting, and all elections shall be held un-
der such rules and regulations as may be
determined by the board OF directors, but
after ten days notice OF such election shall
have been sent to each stakeholder at his
last known address The directors thus
elected shall continue In office for one year
No failure to elect shall be regarded as a
forfeiture Of this charter. Any vacanyc oc-
curing on said board shall be filed by the
remaining directors for the unexpired term,
the said board shall be filed by the remain
ing directors for the unexpired term, the
said board shall likewise elect the addi-
tional members In case they should deter
mine to increase the number of the board
as above provided. Said board of directors
shall, at Its first meeting, after the cleo
ton, elect out of Its number a president,
a vice president, secretary and a treas
offices into one, or may even elect a secre-
tary who need be neither director nor stock
holder. Said board shall have the right
to appoint and dismiss such clerks and man
ayers, and other employees, Of the corpora
ton, including the secretary, who is not
stakeholder, or director, as conditions
may justify or the business of the corpora
ton may require. The tenure OF office of
all the employees of the corporation shall |
be during the pleasure of the board of di- |
rectors. |
ARTICLE VII
No stakeholder shall ever be held liable
or responsible for the contracts, faults, or |
debts of the said corporation, nor shall any |
mere informality in its organization have
the effect Of rendering this charter null, |
or of exposing a stakeholder to any liability |
beyond the unpaid balance, II any, due on |
the shares owned by him.
ARTICLE VIII.
This act of Incorporation may be modi-
fed changed, or altered or this cropOra-
ton may be dissolved with the assent of
the stockholders owning a majority of all |
the stock of the corporation at a general
meeting convened for that purpose and aft
err at least ten days written notice of the
meeting has been given, through mail, ad
known place of residence.
In case Of dissolution, by the expiration
)f this charter or otherwise, the stock
holders shall elect three liqudators from
Iheir number to liquidate and settle the
Ease of disability of any of said commits
'loners or liquidators, the surviving of the
remaining iiquidators shall appoint a sue
ARTICLE TX.
Until the election to be held on the sec
md Monday in August, 1912, the follow
ng stoekholders shall constitute the first
III
L. ]: Bourgeois, Mrs. L. ]. Bourgeois and
Miss II. Pohlmann, with L. J. Bourgeois as
PRESIDENT Mrs. 1. J. Bourgeois as vice pres
treasurer ~
The future boards shall. at the first meet.
ng, organize by electing officers provided
or in Article VI.
This corporation shall be n going concern
Is soon as one hundred and fifty shares
mai De subscribed to ITS capital stock.
, THUS DONE AND PASSED in my notarial Of
written; In he presence of Messrs Leonard
:. Nacher, Jr., and Henry W. Robinson
Competent witnesses, who hereunto sign
heir names, together with the said appear
Whole '"s vi tue
tSigned L. ]. Bourgeois. 1 share: It
'ohlmann, go shares; Mrs. Elizabeth Bour- !
co.'s 5i9 shares; to authorize my wife,
HENRY W. ROBINSON.
L. c. VACHER. II
NdO4dvLs IN 0HHIgHLa IL
Notary Public
l. the undersigned Recorder of Mortgages. {
and for the Parish of Orleans, State OF /
Iouisiana, do hereby certify that the above /
n FOREGOING act of Incorporation of the
u. James Hotel Company was this day duly
eeorded In my office, In Book 1851, folio. !
New Orleans, Ia, Aug. -, 19f1. {
(Signed) EMILE LEONARD
Deputy Recorder
ETHELRED NJ. STAFFORD. >
(Seal) Notary Pnbiic :
Aug. II. "a, 81, Sept. Z. IA, p, I9ii.