The herald., 1912-08-01

sors are elected and indicted into Office
In case Of failure to elect directors ON tn,
day hereinabove fixed, or on such a day a.
said annual meeting may have been regu
larry adjourned to- this corporation shsl
not thereby be dissolved, but the then drec
! tors shall continue In office and a new cleo
ton shall be held, TO be preceded by a fifteeu
| days notice as hereinabOve provided.
| ARTICLE VI
Until the election first to be held under
| this charter, as hereinabOve provided, the
Following named persons shall serve as di
| rectOrs, viz: August W. Berdos, Bernard
Meyer and Taylor j. Labry, and August "
Berdon shall be president, Bernard Meyer
vlce-president, and Taylor J. Lsbry, secre-
tary-treasurer. The office OF secretary and
treasurer may be held by one and the same
person, and the secretary need not be q
stockholder in said corpora zion.
In case OF vacancy in any Office from
death, resignation, or otherwise, the said
board OF directors shall elect a successor.
ARTICLE VII.
The board OF directors shall, at their first
meeting, make all such bylaws, rules and
regulations, for the conduct and manage
ment of the business OF the corporation as
they may deem best, to appoint from time to
time such officers, clerks, agents and other
employees as they may deem requisite, and
the same TO dismiss at pleasure; 10 make
general and special provisions for the filling
or any office during the temporary absence
or inability TO act of the incumbent; to Dor
row money, TO execute mortgages pledges
all contracts whatever, and to do all things
matters and acts pertinent to the object.
and purposes OF said corporation, and in e1-
erciSing these powers the board OF director,
may act either directly or through such Of
ncerS or agents, as Ii may appoint, with gen
eral or special authority In what relates 20
the administration of the affairs and Goa
tracts OF this corporation, and two member,
shall constitute a quorum OF said board.
All subsequent boards of directors sha II
have the authority to make new bylaws,
amend, alter or repeal all such bylaws or
regulations In operation at their pleasure
ARTICLE VIII.
Whenever this corporation is dissolved.
either by Limitation or from any other cause
the affairs of the corporation shall be H.
qudated, its debts and liabilities paid, and
the balance of its funds, IL any, shall be
divided pro rata among its stockholders IN
der the charge and superintendent of three
commissioners, to be elected by majority
In amount OF the stockholders, at a meeting
convened for that purpose after thirty DAYS
prior notice shall have been given, in person
or by mall to each stakeholder The said
commissioners shall remain In Office until the
ahairs OF the corporation shall have been
fully liquidated, and in case of the de2 tn
OF one or more OF said commissioners, or
other vacancy occurring in their numbers
those who remain shall continue to act until
the vacancy Is filled by a meeting Of the
stockholders called after ten days notice
thereof.
ARTICLE TX.
This charter may be changed. modified or
altered, or said corporation NAV be dissolved
with the assent OF a majority in amount OF
the capital stock, at a general meeting OF
the stockholders convened for such purpose
after thirty days notice of such meeting
snail have been given in writing to each
stakeholder. Such meeting can ONLY be
called by request Of two or more stocEhold-
ers who own Jointly at least forty per cent
or the capital stock of the corporation.
ARTICLE Y.
No stockholder of this corpora tiol shall
be held liable or responsible for its cor
tracts or faults In any further sum than the
unpaid balance due on the shares Of stock
owned by them, nor shall any informally
In organization have the effect of rendering
this charter null, or OF exposing a stock.
holder to any liability beyond the amount
OF the unpaid balance due on his stock
Thus done and passed, in my office at the
city OF New Orleans, on the day, month and
year herein first above written, in the pres
ence of Aessieurs Philip s. Gidiere and Au-
gust ii. Ritter, competent witnesses who
hereunto sign their names with the said an
whole.
Original signed: A. W. Berdon. Bernard
Meyer, L. J. Labry. Witnesses Philip s
Gidiere, A. II. Ritter.
]. N. QUINTERO, Notary Public.
!, the undersigned recorder of mortgage.
IN and for the parish of Orleans, State of
LOUISIANA, do hereby certify that the above
and foregoing act Of Incorporation of the
New Orleans Rice Company was this day
duly recorded In my office, In book 1865.
!SignedD EMILE LEONARD, d. r.
J. NJ QUINTERO, Notary Public.
july 4 IL IS % aug 8