The herald., 1913-08-07

holders, each owning one or more shares OF
stock. The present board OF directors being
Morris Keil, Solomon Gabai and Joseph
Showeke with Joseph Showeke as presi-
dent Morris Keil, vice-president and Solo
mon GabaI, secretary-treasurer. They shall
hold their office until the first Monday in
January, 1917, and shall be elected annually
thereafter. \ meeting of the stockholders
will be held on the FIRST Monday in January
Of each year, after ten days notice 10 each
stakeholder.
All vacancies in said board from what
ever cause shall be filled by the remaining
directors.
The board Of directors shall elect a pres
ident, a viCc-prrsident and 4 secretary-treaS-
urer. \ majority Of the board shall conSti-
tutc a quorum for the transaction OF bust
ness.
The president and secretary treasurer
shall be the general managers Of the cOrpor-
alton and the salaries OF all the of GERS shall
be fixed by majority vote Of the stock
holders at the date Of election.
No checks shall b. drawn except Jointly
hy the president and secretary treasurer and
no other obligation made except Jointly by
the president and secretary treasurer.
Article Vino stakeholder shall be held
liable or responsible for the contracts, faults.
or debts of said corporation In any further
sum than the unpaid balance due the corppr-
alton on the shares owned by him, nor shall
any lnfOrmllity in organization have the
effect OF rendering this charter null or Of eX-
posing a stakeholder to any liability beyond
the unpaid balance due on his stock.
Article NIl.-rhis act of incorporation
may De amended altered. or modified or this
corporation dissolved, by a vote OF three
tourths Of the shares Of the total amount OF
stock, at a meeting convened for that pur
isSc, after ten days notice IN writing mailed
- The address of each stakeholder. and at
Past one advertisement in one of the daily
newspapers Of the city of New Orleans
Article EIII.-At the expiration Of this
charter. or if sooner dissolved. the affairs Of
This corporation shall be liquidatyd by tho
board of directors. who are hereby vested
with full power 10 sell any and all assets
OF the corporation and to convey full and
complete title thereto and shall have fun
power 10 do and perform all acts necessary
and proper fully and completely 20 liguidate
the affairs and distribute the proceeds, II
any, among the stockholders in proportion
10 the amount Of stock held by each
Thus done and passed In my uOtariIl Of
flee in the city of New Orleans. state of Lou
iSilna, on the day. month and year first
above written, In the presence of Olivia
Cochran and AZclie Bennett, competent wit
neSs"S, who have signed their names, to-
-cther with the parties hereto and me, no.
tary. after reading Of the whole.
Original signed Joseph ShOwcke. Is
shares; Morris keil. Ii shares, by Jacob
keN :. Gabai, IL shares.
Witnesses AZelie Bennett. Olivia Cochran.
MEYER :. DREIFUS. Notary Public.
!, the undersigned recorder of mortgages
IN and Tor the parish of Orleans. state Of
Louisiana do hereby certify that the above
and foregoing act IF Incorporation Of The
Ar and Novelty shop was this day re.
corded in my Office in book loss folio G6i.
New Orleans. July Is. 1913.
EMILE j. LEONARD. by. Recorder.
! hereby certify that the above and fore
inai act on file and OF record in my notarial
MEYER ;. nREIFUS. Notary Public.
july II 81 aug II u Is