The herald. [volume] (New Orleans, La.) 1905-1953, 1912-06-20

dollars of its capital stock shall be sub
scribed for. Stock not subscribed for shall
be issued and sold from time to time as
the board of directors may elect. at prices
to be fixed by said board
ARTICLE V.
All the corporate powers of this corpora
ton or association and the management and
control of its affairs shall be vested in and
exercised by board OF directors, composed
of three 90 stockholders, two Of whom shall
constitute a quorum for the transaction Of
business The directors shall be elected an
nually by ballot by the stockholders on the
first Wednesday of May in each year.
Each stakeholder shall be entitled to one
vote, either In person or by proxy, for every
share Of stock owned by him, and all cleo
lions shall be held under such rules and reg
ulations as may be determined by the board
shall be given by the secretary In writing
to each stakeholder ten days prior to each
election, and mailed to each stakeholder at
the company The directors thus elected
at such annual election shall continue In of
flee until the next annual election, or until
their successors shall have been duly quail
fed. No failure to elect directors at the
time stated shall be regarded as a forfei-
ture of this charter but an election shall be
held as soon as possible thereafter, Of which
election due notice shall be given In writing
by the secretary to each stakeholder In the
same manner as provided for In annual cleo
lions. The board Of directors at Its first
meeting after election shall elect from
and a treasurer-manager All officers Of
this corporation shall hold their Offices at
the pleasure Of the board of directors. Any
director shall have the right to appoint by
a written instrument another director as
his proxy, to act In his stead at any meet
Ing Of the board Of directors of this corpor-
first Wednesday of May, 1913. the follow
ing named persons constitute the first board
Of directors Of this corporation, viz. Henry
L. Hoehn, president; August J. Hoehn, sec
and Inufs r. H0ahn q r. m n
ger, and they shall serve until the next an
nual election, or until their successors shall
have been elected aS and qualified 9 III
All checks, drafts, promissory notes or
other obligations, In order to be valid or
binding upon this corporation, shall be
signed by the president and treasurer-man-
ager.
ARTICLE VII.
| No stakeholder shall ever be held liable
or responsible for the contracts or faults Of
] this corporation, nor shall any mere infor-
| mality In Its organization have the effect
| CT rendering any stakeholder liable or this
charter null, or Of exposing a stockhclder to
| any liability beyond the unpaid balance due
on the share or shares of stock owned by
him.
ARTICLE VIII.
| No employee OF this corporation shall be
engaged for a longer period than one year
without resolution Of the board Of direc-
tors.
| ARTICLE TX.
| This act OF Incorporation may be changed,
! modified or amended, its capital stock In
creased or diminished or said corporation
| dissolved In the manner pointed out by law,
at a general meeting OF the stockholders
| convened for that purpose after the usual
ten days notice In writing, from the secre-
tary mailed to the last address of each
stakeholder.
| In the event OF the dissolution of this
corporation by limitation or otherwise Its
affairs shall be liquldated by two Hquidators
elected by the stockholders from among
their numbers.
/ In the event Of the death or inability OF
one OF the said liquldators to act, the sur
vfvor or other liquidator shall continue TO
act and complete the liquidation of this
corporation.
Thus done and passed, in my Office in the
city Of New Orleans, on the day, month and
year herein first above written, In the pres
ence OF Messrs. William +. OaEes and 10
seph Murray, competent witnesses who have
hereunto signed their presents with the
said parties, and me, notary, after due read
ing of the whole.
Original Signed: Henry L. Hoehn, 20
shares: August J. Hoehn. 1 share; Louis
p. Hoehn, IA shares. Witnesses: VIM. +.
Cakes. Joseph Murray.
5 I'D P. FOLEY. Notary Public.
: I, the undersigned Recorder Of Mortgages
In and for the Parish Of Orleans, State OF
Louisiana, do hereby certify that the above
e and foregoing act OF Incorporation Of the
. Hoehn's Bakery, Ltd, was this day duly
7 recorded in my Office In book 1855, folk
+ 123. New Orleans. Nav Z, 1912.
e (Signed) EMILE LEONARD, ID. r
s. I. the undersigned notary public, hereb,
i certify that the above and foregoing is |
= the same now appears on file and Of recor,
r in my ONCE New Orleans, May 10. 1912.
: ED p. FOLEY. Notary Public.
D may 10 % 80 june Is 20