The herald., 1912-02-15
ARTICLE V.


ed into and represented by 1900 shares at
the par value OF one hundred ($10000) dol
lars.
Said stock shall be paid for in INSTALL
ments Of such amounts and at such times
as the board OF directors may determine
but any part or parcel OF said stock may be
issued by said board of directors at not less
than par In payment of labor done or pro-
perry actually received by said corpora
ton.
This corporation shall commence business
and be going concern soon as five thou
sand (s5. 900 .0O) dollars of its capital stock
shall have been subscribed for and this
charter signed and executed by the incorpo
rat0rs
ARTICLE VI.
No stakeholder shall ever be held liable
or responsible for the contracts, faults or
debts of this corporation nor shall any
mere informaIity In Organization have the
effect of srendering this charter void or of
exposing sstockholder to any liability be-
lyond the paid balance due on the shares
owned by~him.
ARTICLE VII.
This act Of incorporation may be changed,
modified or altered, or this corporation may
be dissolved with the assent of its stock
holders owning three-fOurths (3-4) of the
capital stock OF the corporation present, or
represented by written proxy, at a general
meeting convened for that purpose and after
at least ten (1O) days notice in writing
sh9u have been given through mail to each
stockholder at his last known place of resi-
dence. In case of dissolution by the expira-
ton of this charter or otherwise the stock
holders shall elect three liquidators from
among their number to settle and wind up
the affairs and business of this corporation.
In case of the death or disability of any
one of said liquidatOrs, the survivors shall
appoint stakeholder as successor to him
The capital stock may be increased or de-
creased IN the manner now or hereafter
prescribed by law.
The subscribers hereto have each written
opposite their names the number of shares
subscribed for, so that this act may also
serve as the original subscription list.
Thus done and passed in my notarial Of
flee in the city of New Orleans Louisiana
In the presence of VI. Caplan and z. Gil
thorpe, competent witnesses of lawful age,
residing In this city. who hereunto subscribe
their names, together with the said parties
and me, notary, on the day and date set
forth In the caption hereof.
(Names) {: Edward Wisner (10) ten
shares W. r. Pennington. (IOj ten shares
A. L. Dusenbury, (10) ten shares A. B.
Graves, (10) ten shares p. G.. Dusenbury
tlol ten shares. (Witnesses) NJ. Captain
f. Gilthorpe.
ARTHUR B. LEOPOLD.
l, the undersigned recorder of mortgages
In and for the parish Of Orleans, state of
and foregoing act OF incorporation of the
Louisiana Meadows Reclamation Company
was this day duly recorded in my Office, in
book 1851, folio =.
New Orleans, January Both. 1912.
(Signed) EMILE LEONARD.
Deputy Recorder.
| hereby certify that the above and fore
going Is true and correct copy OF the orig
lnal act of Incorporation Of the Louisiana
Meadows Reclamation Company, together
With the certificate of the recorder of mort |
cages on file and of record in my Office
In faith whereof, / have hereunto set my |
NJ To-
d. 1912.
ARTHUR B. LEOPOLD,
(Seal) Notary PEbiic. |
'eb Is % % inch 1912