The herald., 1913-08-28

noration. but said board shall have no au-
thority TO execute any mortgages upon the
property Of the company without the cohseni
of a majority of the stockholders OF SdI9
comnany given at q meeting expressly caieu
and held for that purpose. Each director
shall have authority to appoint In wrItlhS
a proxy to represent him at all meetings Oh
the board.
Article VI.-whenever this corporation
NAV be dissolved either by limitation or
from any other cause, its affairs shall DE
liauIdated by three commissioners 10 Oe
appointed from amongst the Stockholuers az
general meeting OF stockholders con ,SotTca
for such purpose, of which meeting notice
shall be given in the manner and time pro
yided for stockholders meetings by Article
Seven of this charter; and majority IN
amount of the capital stock OF SAD company apnI
represented at such meeting shall be regulS
tie TO elect. Said commissioners snail re-
main in Office until the afalrs OF said COT
poratiOn shall have been fully nquldated
In case of death or resignation OF one or
more Of said commissioners, the vacancy
shall be filed by election by the surviving
commissioners.
Article VII.-This act of Incorporation
may be modified changed or altered, or SAID
corIoration may be dissolved with the as
sent Of three fourths of the capital stock
represented at a general meeting OF the
stockholders, convened for sucn purpose,
and after notice shall have been given IN one
newspaper published in the city or New
Orleans Louisiana, once a week Tor Tour
weeks preceding the meeting, and by writ
ten notice to each stakeholder, mailed to him
thirty DAYS prior TO the date OF meeting
at the post Office address designated by him
in writing
ANY changes proposed or made in refer
ence to the capital stock shall be made IN
accordance with the laws OF the state OF
Louisiana on the subject OF altering the
capital stock of corporations.
Article yIII-No stakeholder shall ever
be held liable for the contracts or faults
Of said corporation in any further sum than
the unpaid balance due the corporation on
the shares of stock owned by him, nor shall
any mere informality in organization have
the effect of rendering this charter null or
Of exposing a stakeholder to any liability be
yond the unpaid amount remaining due on
his stock.
Article IX.-J. A. Salmen, F. W. Salmen,
f.. ii. Michel, ]. w. DeBlanc, w Catesby
Jones, Gustaye Lemle, Emile DeBlanc and
Emile Hoehn have been chosen and select
ed as the first board OF directors of said cor
poration with J. A. Salmen as president,
Fred W. SaImen as yice-president and man
ager. Gustave Lemle as secretary and j. w.
l,DeBlanc. as assistant secretary and treas
urer, to serve as such, subject TO the dlscre-
tion Of the board Of directors and until their
successors shall have been elected and quail
flied.
The subscribers hereto have respectively
written opposite their names the amount of
stock In this corporation subscribed for by
concern, so that this act Of Incorporation
may also serve as the original subscription
list Of said corporation.
Thus done and passed at my office In the
city OF New Orleans In the presence OF
Louise Wingerter and William S. Edwards,
competent witnesses of lawful age, both OF
this city, who have hereunto signed their
names, together with said appearers and
me, notary, on the day, month and year first
above written.
Signed: ]. A. Salmen, % shares Gus
taye Lemle, l share; +. W. Salmen. per j.
A. Salmen, l share; w. Catesby Jones, 1
share; J. W. DeBlanc, / share; Emile De-
Blanc, 1 share; Emile Hoehn, Jr., per J. A.
Samen, share; 4. II. Michel / share.
Witnesses: Louise Wingerter, VIM. s. Ed
wards.
A A. MORENO, Notary Public.
I, the undersigned recorder Of mortgages
In and for the parish of Orleans, state of
Louisiana, do hereby certify the above and
foregoing act of Incorporation Of the Gulf
Coast Transportation Company was this day
recorded In my Office in book loss, folio -.
New Orleans. August 20, 1913.
EMILE LEONARD, Deputy Recorder
hereby certify the foregoing to be a true
and correct copy of the original now on file
In my office. =
A. A. MORENO, Notary Public
aug % sept A IL IS Is oct 2, 1918