The herald. [volume] (New Orleans, La.) 1905-1953, 1912-02-01

ured llOOl snareS or the par value of Fifty
$4,000 Dollars each, which shall be paid
for In cash, or may be issued at not less
than par for services rendered to or pro
perty actually purchased by said corpora
ton All shares of stock shall be full paiu
and worcestershire. No transfer Of stock
shall be binding upon the corporation un-
less made upon Its books.
ARTICLE v.
All the corporate powers Of this COM
pany shall be vested In ond exercised nv a
BOARD OF directors composed of three stock
a quorum for the transaction of ali bust
ness said directors shall be elected an
nuaiIy ON the second Monday In September
o. Of sach year by ballot Of the stockholders.
son, or by written proxy, to one vote on
each share Of stock standing in his name on
the books Of the company. All elections
shall be held under such rules and regula.
lions as may be determined BY the Board of
Dirwectors, but after at least ten days'
notice OF such election shall have been
given to each stockholder at his last known
daily newspapers published in the City of
new orleans for at least ten DAYS preceding
spen election. The directors thus elected
tile tSeir snec IN once for one year or un
elected and qualified. No failure to hold
an election shall be regarded as a forfeiture
o oa,5 ms cnarter. Any vacancy occurring on
the remaining directors for the unexnired
Term. said Board Of Directors shall. al its
nrst meeting elect from among its number
ana : Zen, a 'ice-President, a Secretary
anu treasurer. 1t may combine the two
iast mentioned Offices into one and NAV
even elect Secretary who need NOT ha .
sst STOCK Said Board Of Directors shall
dismiss all managers, agents and otbar
employees OF the corporation. incIudino The
SStv.yireaary VINO II not stakeholder, as con-
ul.lons may Justify or the business OF the
corporation may require.
ARTICLE VI
or responsible for the contracts. fsn,t .aD o.
ueDts or said corporation, nor shall anv
mere lnformality In Its ORGANIZATION have
IN one eneet OF rendering this charter null.
billty beyond the unpaid balance dine On ths
SHARES OF stock owned by him.
ARTICLE VII.
his act OF Incorporation may be changed |
modined or altered, or this CORPORATION 9ox
pc . dissolved with the assent Of the stock.
uorr owning majority Of the stock of the
. { that purpose after at least ten DAYS
notice shall have been given to each sto.S
h n nr., In the manner and form prescribed
me dissolution Of this company bv the e vi
piration OF Its charter or otherwise the
,,tocknolders shall elect three liouidatorel
rom among their number at the meetinS
Nnien decides to liquidate, to liouidate and
settle the business and affairs OF the com
oany. In case Of the death or InahiIitv nf
my OF said commissioners or liouidaiors
him. pp""' successor to
ARTICLE VIII.
Until the election to be held in Santa,,
,sr, 1917, the Following named stockhaldars II
,haii constitute the first Board OF Diractors
~ James c. Gomila, David r Soma.
ma 5ohn g. Gomila. with the said LANES q
'ornar' as PRESIDENT, the said David r
=. r Somlia, as Secretary Treasurer. 'oi'n
, Ihus done and passed at INV ofico A., A.. a.,
,aG Vi VIEW orleans. on the day. month and
ear, herein first above written in 9ha
Ir,csence or Theodore A Beck and Antbonv
,aoyani' both of this city, Competent VIII
smes' MIC nave hereunto signed their '
ary after due reading Of the whole me- W.
Original Signed) Jas. G. Gomila aolss
mares; David B. Conner, 10 sba1as' 80
:. Somer, 10 shares. T. "A, Reck All
rpyanL Robert Legier. Not. Pub
n g.s 'ae undersigned, Recorder OF Mort.
ogIs,a roe tne Parish Of Orleans, State OF
n no FOREGOING charter OF the "PAN'ASipRpe $
= \ MANUFACTURING CO." was this c
~ aj;o ouiy recorded In my Office, in book 2
New Orleans. La. December ~ 1o,, il
tSignedl Emile Leonard, ID. n o
ROBERT LEGIER.
. Notary Public
a true copy from the original act
dec2s-tan4, IL is, 25-feb1