The herald. [volume] (New Orleans, La.) 1905-1953, 1913-04-03

csnita, stock must be subscribed and PAID
in cash before the company can organne
and become a going concern: Inc retnain ny
shares Of said stock snali pe is s az GA
board of directors as they snall uee "
proper. -, /. .ota ,o- In
cash, property received, or labor performer
and must be fully paid before the ISSUANCE
~ the certificate therefor, and snail be non
said stock shall he represented by stock
certificates transferable only on lhe ooohs
OF the company, on the surrender OF the Out
standing certificate, or due PROOF OF loss;
BEFORE any stock can be transferred II
must be first offered in writing and at us
hook yalue 10 the board OF directors OF the
company, who shall have the option OF pur-
chasing same at the said book value at the
| time the said stock Is offered; and should
| the directors fail TO make the purchase OF
| the said stock within sixty (6OD days from
| the time Of offer then the holder and owner
| OF the stock may dispose OF 1t in the open
market.
The said capital stock may be increased
| or diminished by proceedings taken in &C
! cordance with the laws of the state OF Lou
| isiana.
The officers OF this corporation shall con
| Sist OF president, a yice-preSldent and a
secretary treasurer, all of whom together
shall constitute a board OF directors, two
| Of whom shall constitute a quorum FOR the
| transaction of business, and all corporate
powers shall he vested in and exercised by
| this said board Of directors.
| The first board of directors shall consist
| Of John F. Rodgers as president, Miss Cath
crime Rodgers as vice-preSident, and Andrew
| l.. Saxon, as Secretary-treasurer; who snail
| serve until their successors are duly elected
and qualified, on the second Tuesday in
| March, 1914.
| The said board Of directors shall be elect
| ed annually thereafter on the second Tues
| day Of March OF each year, or as soon there
| a = nnSSihlp
| ing convened for that purpose.
| Each share Of stock shall be entitled TO
one vote, to he cast by the stakeholder, either
| in person or by proxy. The majority OF the
! stockholders. or stock present, or represented
| by proxy, shall elect. The annual meeting
| fer the election of the board OF directors
| shall be preceded by ten (1O) days notice
mailed TO each stakeholder to attend said
meeting.
| No stakeholder shall ever be liable or re-
| sponsible for the contracts or faults OF this
| corporation, nor shall any mere informallty
| in organization have the effect or rendering
| this charter null, or OF exposing a stock
holder TO any liability beyond the amount
due on his capital stock
ARTICLE VII.
This act OF incorporation may be changed
altered or modified, or the corporation may
be dissolved, with the assent of three-fOurths
OF the stock represented at special meet
ing called Tor tnat purpose, dlleE It's W
jects have been made known by ten (lO)
days previous notice in writing, delivered or
mailed to each stakeholder, and upon com
plying with the laws Of the state OF Loulsi
ana. Whenever the corporation is dissolved
its affairs shall be liQuidated by two commits
sioners appointed from the stockholders by
the board of directors.
Thus done and passed in my office in the
city Of New Orleans, Louisiana, on the day
month and year first above written, in the
presence Of NJ. Lowengardt and VIM. j. FitZ
gerald competent witnesses, who hereuntC
sign their names with the said appearers and
me, notary, after due reading of the whole
Originally signed John +. Rodgers, II
shares Catherine Rodgers, shares A.
Saxon, 30 shares.
witnesses VI. Lowengardt VIM. ]. Fitz
gerald. 49,. NTH.
], the undersigned recorder OF mortgage:
in and for the parish of Orleans state OF
Louisiana, do hereby certify that the above
and foregoing act OF Incorporation OF tht
Rodgers Company was this day duly record
ed in nv office in book 1858, folio =.
New Orleans, Parish of Orleans, State Of
Louisiana, this oath day OF February, 1913
EMILE LEONARD, Deputy Recorder
, I hereby certify that the above and fore
going is true and correct copy OF the orig
inal charter Of the Rodgers Company, ant
the certificate OF the recorder OF mortgages
for the parish Of Orleans, state OF Douisl
ana as per said original on file in nay no
tarial office in the city Of New Orleans, La
New Orleans La, Feb. "a, 1918.
LYLE SAXON, Notary Public.
feb % march 6 IS 20 81 apr 3