The herald. [volume] (New Orleans, La.) 1905-1953, 1913-04-10
ARTICLE V,

All the corporate powers of this company
shall be vested in, and the management and
control of its business and affairs shall be
exercised by a board OF directors to be COM
posed Of five stockholders, a majority OF
whom shall constitute a quorum for the
transaction OF all business. Inc directors
on the second Tuesday in
March of each year. Each stakeholder snail
be entitled in person or by written proxy 10
one vote on each share OF stock owned by
him and standing in his name on the books
of the corpora tion and a majority OF the
votes cast shall elect All elections shall.
be held under such rules and regulations as
may be determined by the board OF directors,
but after at least ten days notice shall
have been given TO each stakeholder by mail
sent to his last known address. The direc-
one year or until their successors shall have
been duly elected and qualified. No failure
to elect shall be considered as forfeiture OF
this charter: Any vacancy occurring on
said board of directors shall be filled by the
remaining directors for the unexpired term
Said board of directors shall, at Its first
meeting after its election, elect from among
its number a president, vice7president. Sec
rotary and treasurer. 1t may combine the
two last mentioned Offices into one, and may
even elect secretary who need not be
stakeholder. Said board of directors shall
also have the right and power to combine
the office of the president and secretary
treasurer. Said board Of directors shall
have the right to appoint and dismiss such
the corporation, including the secretary who
Is not a stakeholder as conditions may JUS
tify, or the business OF the corporation may
require. The tenure of Office of all the en-
plOyees of the corporation shall be during
the pleasure Of the board OF directors.
ARTICLE VI.
No stakeholder shall ever be held liable
or responsible for the contracts, faults or
debts OF this corporation, nor shall any
mere informality in its organization have
the effect of rendering this charter null or
of exposing a stakeholder to any liability
beyond the unpaid balance due on the shares
Of stock owned by Inn.
ARTICLE VII.
This act OF Incorporation may be changed,
modified or altered, or this corporation may
be dissolved with the assent of the stock
holders owning a majority of all of the stock
Of the corporation, at general meeting
convened for that purpose after notice shall
vided for In Article OF this act OF incor-
poration. In case of the dissolution by the
expiration of this charter or otherwise, the
from among their number, to liquidate and
settle the business and affairs of the COM
pany. In case Of the death or inability OF
any of said commissioners, the survivor or
survivors shall appoint a successor to him.
ARTICLE VIII.
Until the election to be held In March,
1914, the following stockholders shall con-
stitute the first board Of directors, viz: Paul
Conrad. r. E. de los Reyes, NJ. Paul Julian,
Frederick Burt and Charles Carmouche, with
the said Paul Conrad as president and sec
etary-treasurer, and the said Frederick
Burt as vice president and general manager
Thus done and passed at my office in the
city of New Orleans, on the day, month and
year herein first above written, in the pres
ence of Theodore A. Beck and John p. Ca
yale, both of this city, competent witnesses,
who have hereunto signed their names with
the said appearers and me, notary, after due
reading of the whole:
(Originaf signed) Paul Conrad, 8 shares
Frederic Burt, 8 shares; Chas. Carmouche,
@ shares; VI. 2. Julian. 6 shares; r. f. de
los Reyes, shares. T. A. Beck. John p.
CaZale. ROBERT LEGIER, 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
Standard Remedy Company, Incorporated.
was this day duly recorded In my office In
book 1855. folio =.
New Orleans, La. March 10th, 1913.
(Signed) EMILE LEONARD, ID. r..
"A true copy from the original act
ROBERT LEGIER, Not. Pub.
inch 20 "a apl 3 10 II "a 1913