The herald. [volume] (New Orleans, La.) 1905-1953, 1912-02-29
ARTICLE FOURTH.

All OF the powers Of this corporation shall
be and are hereby vested In a board Of three
directors who shall hold office for one year
and who shall serve until their respective
successors are elected by ballot at the an
nual stockholders meeting and indicted into
office. Said board shall consist Of three
stockholders, one OF whom shall be presi-
dent, the other vlce-president and the third
secretary and treasurer. The first board
shall be the following, tO-wit Isidore Hitler,
president; Dominic j. Tortorich, yice-presi-
dent, and Louis Abrahm, secretary-treasurer.
Said board shall have power TO adopt by
laws TO govern said corporation and TO Tx
the compensation OF each executive officer
and OF all employees by the month, week,
day or year. The president shall be the
general executive officer, and in his absence
the vice-president shall preside at board
meetings or stockholders meetings. The
board shall meet at such times and places
in the city Of New Orleans as may be de-
termined by said board hereafter. The
stockholders shall hold an annual meeting
once each year on the first Monday In Janu-
airy. quorum Of said board shall consist
sence from the city of New Orleans or other
inability to be present, any member of the
board can with the assent Of the other two
members of the board, give his proxy TO at
holders meeting, said proxy having full
power to act for and in behalf OF said man.
datary
ARTICLE FIFTH.
The capital stock of said corporation is
hereby fixed at the sum OF five thousand dol
lars with the power to Increase the same TO
twenty-five thousand dollars upon the vote
of three-fourths Of the stock at a stockhold-
ers' meeting to be called by the president
after ten days written published notice. The
par value of each share Of stock Is hereby
fixed at one hundred (S100.00) dollars, pay
able in cash at the time OF subscription or
its equivalent. Any vacancy occurring in
the board Of directors shall be filled by vote
Of majority in amount Of the stock at a
meeting to be called after ten
days notice published In one of the New
Orleans daily papers, three times in ten
days and written notice mailed to each |
stakeholder Of record on the books Of the
corporation. |
ARTICLE SIXTH.
This charter may be amended, or this cor |
Doration dissolved upon the vote of three
'ourths of the amount of the capital stock |
It a stockholders meeting to be called for
nat purpose after publication three times
n ten days in one Of the New Orleans daily
newspapers and after notice to each stock
loider OF record mailed to his last address
EN- days in advance Of such meeting.
ARTICLE SEVENTH.
At the termination of this corporation or
Ipon Its becoming insolvent, unable to meet
Is outstanding obligations, this corporation
hall go into liquidation, and the mode of
lquludllOu snail De as 1OllOWS, tO-Wlt. q |
tockhOlders meeting shall be called BY the
resident or In his absence or inability to |,
ct by the vice-president, after ten days
otice published and mailed to each stock
Older OF record, such publication to be three
lines within said ten days in one of the
Jew Orleans daily newspapers, and at said ,
Meeting three stockholders shall be elected
Tho shall collect all Of the debts due to the
orporation, sell all of its assets, pay its
reditors and distribute the residue Of its
ash, If any, to the stockholders. ,
The compensation of such liquidators shall
fixed at the time the resolution Of liqui-
alton Is adopted.
ARTICLE EIGHTH. l.
No stakeholder of said corporation shall !
yer be held liable or responsible for the :
Dntracts or faults Of such corporation in I
ny further sum than the unpaid balance !
ne the company on the shares owned by a
i'm, nor shall any mere informality In or :
anization have the effect Of rendering this i
larter null or of exposing any stakeholder ;
any liability beyond the amount Of his '
lock. .
Thus done and signed at New Orleans.
this 10th day Of January 1912, in
lie presence Of Girault Farrar and Anna
carey, competent witnesses, who sign
lese presents with me- notary, and the 4
"a subscribers after due reading Of the q
Original signed) Names of signers and Z
Inscription to stock. (Witnesses) Girault lR
irrar, "A. Il. carey. n
BERNARD TITcHE,
Notary Public. q
/, the undersigned, tecordeS of mortgages =
and for the parish OF Orleans, state of q
'uisiana, do hereby certify that the above II
ID foregoing act Of Incorporation Of the n
Liquor Co., Ltd, was this n
y duly recorded In my Office in book 1851, {,
Ito 527
New Orleans, Jany. 18th, 1912. 81
(Signed) EMILE LEONARD, d. r. IC
(SeaD T
i. the undersigned notary hereby certify
at the foregoing is true and correct COPY
the original charter of the Hiller-Abraham
luor Company Ltd, except names of sub in
'ibers and amount Of subscriptions, exc L,
ted before me on the 10th OF January, al
IL, together with the certificate of the r;
order of mortgages thereto attached. on dr
and of record In my Office 70
In faith whereof ! have hereunto set nv
nd and seal this 18th day of January,
BERNARD TITcHE,
Seall Notary Public.