The herald. [volume] (New Orleans, La.) 1905-1953, 1912-02-29

~ mn asSt,ssaD Die No transfer of stock shall
| upon its books, aud ali certificates Of StocL
snaI DE signed W such officers as NAV no
ueS!ghated by the board Of directors.
soI 10 o. st24tckholder shall have the right to
se eti OF dispose OF any stock in this corpo
Tatioh without first having offered same 70
49, M rorPordtion at Its then book value as
th ppmm oy me books Of the corporation
nave the right to purchase same within
'nir'y DAYS from the date of said offer.
ARTICLE V.
All me corporate powers of this cornoro-
lton snail be vested in and the mana gapan,
hn I v"ntIoI OF It's business and affairs shall
ne exercised by, a board of directors 70 ha
o 70 opposed OF three stockholders. a ma ioritv
vi whom shall constitute q ouorum for ~
LII sthaTISdClion OF all business. The directors
sliIL De erected annually, by ballot of Tho
stockholders on the first Tuesday OF Anil
81 each year. Each stakeholder Shall no On
risteu IN person or by written proxy. TO one
and st star linen snare OF stock owned by him
, rne corporation. All elections shall be held
dntn,r, sucI TuleS and regulations as NAV be
at Ina i,ne a. oy the board of directors, after
SnalI nave been given to each focLhaiJan
~ man addressed 10 his last knows oJ
S daTss' ,r or 9y publication for at least ten
I 9i preceding such election In one of A.
daily newspapers published in +El c ~ tne
New orleans. The directors fins aIso.o "a
sndll mold Office for one year or until tboi
No faiInro nave ~. Deen elected and qualified.
ros iaiure 10 mold an election shall no re
garaed as forfeiture Of this charter AM
Shom occurring on said board of directors |
for The oe rn naIed by the remaining directors
rectors shall at its first meeting aiec+ " I'll I'll,
among It's number, a president. n vica. nroSi
omS secretary and treasurer. n Fmay
NAV nvan tn 1.-Two Two last mentioned Offices, and
may s even eject a secretary who need NOT ha
= sIockholder Said board OF directors Sha III
nave the right and authority TO annoint nan
emnioyaes su of clerks, managers and other
secretary who Is not stockbolder aS o one
uItIohs may Justify or the business of ~ |
corporation may require. Vi INC
ARTICLE W.
NO stockholder shall ever be held rablo
ebt tPS pc tb for the contracts faults or
mere inIormality in its organization bansa
ne erect OF rendering this cha rfer mil We We
b ~ eaPposlng stakeholder to any IiabiIitv
owned by him. "" tue STOCK
ARTICLE VIII.
This act OF Incorporation NAV no oho,,
i nVu siu or altered, or this Corporation NAV
De dissolved with the assent Of ~ may
,tnct ., 0tw% d majority of the issued
LOCK OF the corporation, at a general 1nnot
NJ called for that purpose. after nnttno
'haIl have been given to each stockbo,d do.iGe
icio manner M IN and form as prescribed in Ar.
solution of this Corporation hy H. ~ 'ne gls-
III Oh lhls charter or otherwise tba Stnof
loiuers snail elect three Iionida tors fuoi.
he business NUMBER onH to liquidate and settle
u sdse OF the death or inability M am -
anu commissioners or liuuidafors tba - vi
u VT u, OF survivors shall appoint a successor
ARTICLE VIII.
o, LnriI the election to be held in 1912 the
ISL BOARD OF directors, viz: CIV Cnfbr;d tre
, X Chapman, Isaac b. Re1nyson Wi,b I
ne c SAD Guy Guthride as president. Arden s
vson pS sao as Vlce-president, Isaac B. Rem
,, nus done and passed at NV offica IN +bo o
e nsr u New orleans, on the day, month and I
nce ns ne IN nrst above written in the pres
royani, both Of this city, comnetent MY d
esses' VINO have hereunto signed tbai- s
am with the said appearers and me NO. 3
Gori Sier que sieDe reading Of the whole.
banm:.n l. IS Rennyson, so shares 4. R.
napnnan' 90 shares. T. A. Beck. ANT c
ROBERT LEGIER, Not Pub. !
Il, the undersigned recorder of mortya oas Il
ana Tor the parish of Orleans state ~
"a as Jana, 90 hereby certify that the above
10 foregoing act of Incorporation Of tbe
arataria Selling Association was This 5 iav n
ny recorded in my office In book l05i. /,
New Orleans, La, February 18th. 1912 c.
EMILE LEONARD, by. r. y
A true copy from the original act. a
ROBERT LEGIER, Not. Pub a
tSeal) feb % 20 inch z IA p % Il Il