The herald. [volume] (New Orleans, La.) 1905-1953, 1912-06-13

This corporation shall be a going concern
as soon as three thousand dollars 49,
0O0.0O) of its capital stock is subscribed
for, which amount the signers hereto de
| clare Is subscribed.
| ARTICLE ".
| All the corporate powers of this corpora
| tion shall be vested in and exercised by a
| board of directors of not less than three 90
or more than five (5l directors, who shall
be stockholders.
| The number of the board shall be deter
mined by the stockholders at the meeting
| called TO elect directors, just prior TO the
election of said directors for the ensuing
| year All vacancies occurring on said board
of directors shall he filled by the remaining
directors for the unexpired term. Any di-
rector may be represented at any board
meeting by general or special written
proxy given to any stakeholder.
The board of directors shall have power
and authority to exercise all the powers
granted TO this corporation in Article |.
The officers OF this corporation shall be a
president, vice-president, secretary and
"A treasurer: the last two CD Offices may
be filled by one IL person. All OF said
officers must H. members of the hoard.
The first board of directors of this corpO-
ration is hereby declared TO be Rupert +.
WecmS. John \. Sage and +. Rivers Rich
ardson; with the said Rupert +. WeemS, as
president said John 4. Sage as vicepresi-
dent, and the said f. Rivers Richardson as
secretary and treasurer.
Said board of directors and officers shall
hold their respective offices until the second
Tuesday in June. 1913, at which time, and
annually thereafter, an election for directors
shall be- held at the office of the corporation
in conformity with the provisions Of this
charter. And the said directors when
elected shall proceed at once TO elect from
among their number, the officers herein pro
vided for.
A failure to hold such election shall not
annul this charter but the then existing
board of directors and officers shall hold
their respective offices until new election
can be held. which shall I've called and held
as soon possible thereafter.
Ten (10D days prior notice shall be given
through the mail TO each stakeholder at his
last known address, of all meetings of stock
holders, unless by unanimous consent is held
| sooner and all stock issued, votes at said
| meeting and valves notice referred TO.
At all meetings Of stockholders, each
share of stock issued shall be entitled TO one
vote cast by owner in person or by proxy.
ARTICLE V.
This charter may BE- altered or amended
or this corporation dissolved by three
fOurthS t3-4b vote of the stock issued and
present or represented at any regular
special meeting Of stockholders called for
that purpose, after due notice as herein pro
vided.
At the dissolution of this corporal ton,
whether by limitation or otherwise, the af-
fairs thereof shall be liquidated and wound
up by the then existing board of directors.
No stakeholder Of this corporation shall
he held liable or responsible for the con-
tracts or faults thereof, in any further sum
on his stock. nor shall any mere informally
in the organization render this charter null.
or expose any stakeholder to any liability
whatsoever.
Thus done and passed, in the city Of New
Orleans, state of louisiana in the presence
of Alfred ID. Preston and Webster J. AcOmb,
competent male witnesses OF the full age
and residents of this parish, who hereunto
sign their names. together with the said ap-
pearers and me. notary, after a reading of
the whole.
signatures on Originally (Witnesses)
A. ID. Preston. W. J. AcOmb.
W. MORGAN GURLEY, Not. Pub.
|, 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
Automatic Vending Machine Company was
this day duly recorded in my Office In book
No. 1855. folio No.
New Orleans, La, June 9th. 1912.
(Signed) EMILE LEONARD, by. r.
| hereby certify the above and foregoing
to be true and correct copy of the original
act of Incorporation OF the Automatic
Vending Machine Company" together with
the certificate of the recorder OF mortgages
for the parish of Orleans, hereto appended,
on file and of record in my notarial office in
the city of New Orleans, La.
(SeaD
W. MORGAN GURLEY, Not Pub.
june IL 20 - july IL IS