The herald., 1912-05-09
THE HERALD

holders, upon all questions. majority or
the stock voting shall prevail and each share
shall be entitled to one vote, in person or by
proxy.
The act of Incorporation may be altered
and amended by vote of three-fourths In
amount of the capital stock, or said cOrpor-
alton may be dissolved by vote OF three
fOurths in amount of said stock at a general
meeting of the stockholders convened for
that purpose after ten days prior notice or
such meeting shall have been published in
one of the daily newspapers of New Orleans
and a copy of said notice mailed to each
stakeholder at his last known address.
ARTICLE VII.
The capital stock of this corporation may
be increase or decreased 10 any sum by vote
Of three fourths in amount of the capital
stock issued, ut general. meeting Of the
stockholders. convened for that purpose ar
ter thirty days prior notice or such meeting
shall have been published in one or the daily
newspapers of New orleans and copy of
said notice mailed to each stakeholder at his
last known place of business.
Any additional increase in capital that
may he made, from time to time, shall hrSt
be offered to the then existing stockholders
pro-rata ; and if any stakeholder shall decline
or refuse TO pay for said prO-rata Increase
of the capital stock, within ten days after
same shall have been offered him, then such
stock shall be allotted to the other stock
holders in proportion to their holdings or
sold To others as the board of directors may
determine.
ARTICLE VIII.
Whenever said corporation shall be dis.
solved by limitation or sooner by vote OF the
stockholders. two liquidatOrS shall be- elected
at general meeting held after ten days no.
tiCc as above provided. These liquidatOrS
shall continue in Office until the full liqui-
ia ion of the affairs OF said corporation and
in ~ no a.
either of them. the stockholders may elect
a successor, or If they do not elect a sue
ceSSUr. the powers of both liquidatOrS shall
be vested in the remaining liquidator.
ARTICLE IN.
ever he held liable or responsible for the con
tracts or faults of the corporation in any
further sum than the unpaid balance due the
corporation on the shares of stock subscribed
for by him nor shall any infOrmality in or
ganizatiOn have the effect of rendering this
charter null or Of exposing Il stakeholder Ia
any liability beyond such unpaid balance, II
any.
Thus done and passed in my Office in the
| City Of New Orleans. on the day. month and
year first hercinabOve written, in the pres
ence of John X. Perez and RaOul &. Favret,
competent witnesses, who have hereuntO
| reading Of the whole.
IOriginal SgnedD James Hand - shares
! by J. q. Rainwater: +. VI. Davis. 10 shares
by !. G.. Rainwater: J. G.. Rainwater, %
| shares. John II. Perez. Il. G. Favret.
| J. KENYON BAILEY.
(SeaD 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 Incorporation Of The
/ Rainwater Lumber Company, was this day
| duly recorded in my office in book 1870. 70
| Ito -. New Orleans, May q, 1872.
lSignedD EMILE LEONARD. d. X.
| \ true copy.
| ]. KENYON BAILEY.
(SeaD Notary Public
may Is % 30 june IL 1912