The herald., 1912-08-08

sors are elected and indicted into ofice
In case OF failure to elect directors on the
day hereinabove fixed, or on such a day as
said annual meeting may have been regu-
larry adjourned to, this corporation shall
not thereby be dissolved. but the then direc-
tors shall continue in office and new cleo
ton shall be held, TO be preceded by fifteen
DAYS notice as hereinabOve provided
ARTICLE VI.
Until the election first 10 be held under
this charter, as hereinabove provided, the
rectors, viz: August w. Berdon, Bernard
Meyer and Taylor J. Labry, and August W.
BerdOn shall be president, Bernard Meyer
vice-president, and Taylor J. Labry. secre-
tary-treasurer. The office of secretary and
treasurer may be held by one and the same
person, and the secretary need not be a
stockholder in said corporation.
In case OF vacancy in any office from
ueath, resignation, or otherwise, the said
board OF directors shall elect 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 corporal ton, 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; to 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
issue bonds and notes, and generally TO make
all contracts whatever, and TO do all things
matters and acts pertinent to the objects
and purposes of said corporation, and in ex-
ercising these powers the board OF directors
may act either directly or through such Of
hcers or agents, as it may appoint, with gen
eral or special authority in what relates TO
the administration Of the affairs and con
tracts or this corporation, and two members
shall constitute a quorum of said board
All subsequent boards of directors shall
nave 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
quidated, its debts and liabilities paid. and
the balance Of its funds, If any, shall be
divided pro rata among its stockholders. un.
der the charge and superintendent of three
commissioners. TO he 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 mail TO each stakeholder. The said
commissioners shall remain in office until the
AFFAIRS of the corporation shall have been
fully Iiquidated, and in case Of the death
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 meeting Of the
STOCKHOLDERS called after ten days notice
thereof.
ARTICLE IN.
This charter may be changed modified or
Altered, or said corporation may be dissolved
win the assent OF 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
shall have been given in writing to each
stakeholder. Such meeting can only lie
called by request OF two or more stOckhold-
ers who own jointly at least forty per cent
of the capital stock Of the CORPORATION
ARTICLE Y.
No stockholder Of this corporation shall
De held liable or responsible for its CON
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
TINS charter null, or OF exposing a stock
holder to any liability beyond the amount
or 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 Messieurs Philip S. Gidere and Au-
gust IT, Rlteer, competent witnesses, who
hereunto sign their names with the said ap-
whole.
Original signed: A. ". Berdon. Bernard
Meyer, I. J: Labry. Witnesses: Philip s
Gidiere, A. III. Ritter.
j. VI. QUINTER0, Notary Public.
/, the undersigned recorder of mortgages
In and for the parish OF Orleans, State of
louisiana, do hereby certify that the above
and foregoing act OF incorporat ton of the
New Orleans Rice Company was this day
duly recorded in my office, in book 1O55
folio =. New Orleans, La, July ., 1912
!Signed) EMILE LEONARD, d. r.
true copy.
J. NJ QUINTERO, Notary Public.
July ii is 20 aug s