The herald., 1912-05-30
ARTICLE VI,

The first board Of directors OF this cor
poratlon shall be composed of Charles w
Hopkins, Joseph Lee Rhodes and E. Conway
Brouin with Joseph Lee Rhodes as presi-
dent, Charles W. Hopkins as vice-president
and +. Conway Brouin as secretary-treas-
urer. and they shall hold their said offices
until the first Monday in March. 1913. IT.
for any reason, such president or yice-pres
ident. should cease to be a director, or
stockholder, Of this corporation then and in
that event. his office shall fpsO fdcto become
and remain vacant until his successor shall
nave been elected and indicted into office
Inc board or directors may be called to
meet at any time. after one days notice at
me call OF the president, or in his default
or the vice-president, or In default of both
az the call OF majority of the board of
directors.
ARTICLE VII.
Whenever this corporation Is dissolved
either by limitation. or from any other
cause, Its affairs shall be liquidated under
commissioners, TO be appointed for that pur-
pose from among the stockholders OF the
corporation, at general meeting OF the
stockholders, convened for that purpose, af-
ter thirty days prior notice, given in the
same manner as hereinabove provided in the
case of the election of directors, and on the
assent OF the majority. in amount, OF the
missioDers shall remain In office until the
affairs of the corporation shall have been
fully liquidated. Any vacancy occurring
be filled by the remaining commissioners or
liquidators who shall moreover continue to
act during such vacancy; and when such
liquidation shall have been completed said
llquldators shall present a full report and
account thereof to a meeting OF the stock
holders called for that purpose after ten
days notice as aforesaid. and they SHALL
ten days prior TO such meeting also mail n
copy of said report and account to each
stakeholder at his usual postOffice address
and in default OF so doing. they shall for
felt all compensation for their services as
ARTICLE VIII.
This charter may he amended. altered. or
changed by vote of five-siNths. in amount
of the capital stock or this cOrporatio NAV
be dissolved by vote of seven-eighths in
amount. of the capital stock, at a meeting
of the stockholders convened for Such mr.
pose, after thirty days previous notice Of
the meeting shall have been given In the
manner hereinabove provided.
ARTICLE IN.
No stakeholder shall ever be liable or re-
sponsible for the contracts or faults of this
corporation in any further sum than the
unpaid balance due on the shares of stock
subscribed for or owned by him; nor shall
any informaltty of organization have the
effect of rendering this charter null or sub
jectinr any stakeholder to any liability be-
yond the amount of his unpaid subscription
to the stock.
in the city of New Orleans, state of Lousi-
ana, on the day, month and year herein
first above written, in the presence of Roger
Holmes and Francis J. Schroeder, competent
subscribing witnesses, Of the full age Of ma.
jority, residing in said parish, who here
unto sign their. names with appearers and
me, said notary, each of said appearers hav-
ing set opposite his signature. the number
of shares of stock subscribed by him here
by constituting the signatures hereto the
list of original subscriptions made for the
purpose of organizing this corporation
(Original signed) Chas. W. Hopkins and
six others. Roger Holmes Francis ].
Schroeder. CHARLES SCHNEIDAU.
lSeaD Notary Public
l, the undersigned recorder of mortgages
in and for the parish of Orleans. state Of
Louisiana, do hereby certify that the above
and foregoing oct of Incorporation of the
Interstate Land Company was this day
duly recorded in my office, In book No. 1851,
folio FOG.
New Orleans. La, March 7tb 1912
(Signed) EMILE LEONARD,
lSeal) by. r.
A true copy:
(Signed) CHARLES SCHNETDAU,
Notary Public.