The herald. [volume] (New Orleans, La.) 1905-1953, 1913-05-29

Article yII-Whenever this corporation
shall be dissolved, either by limitation or Tor
any other cause, its affairs shail De llquI-
dated by three commissioners 10 De dPpoInt
ed from amongst the stockholders, at
general meeting Of the stockholders CON
vened for such purpose, of which meetlng
notice shall be given for ten days, Dy WITT
ten notice sent by registered mail 10 each
registered holder Of the preferred ana COM
mon stock, and by publication In at least
one newspaper in the city of New Orleans
during such time. majority In amount Oh
the capital stock of said company repre-
scented at such meeting shall be suHclehI 10
elect such commissioners.
Article EIII.-This act of incorporation
may be changed, modified or altered or sdlu
corporation may be dissolved with the as
sent of the majority of the capital STOCK
represented at a general meeting OF the pre-.
ferred and common stockholders, convened
for such purpose, and after a written hollCS
10 each stakeholder sent by registered mali
at least ten days prior TO the date OF the
Article IX.-No stakeholder of this cor
poration shall be liable for contracts or
faults Of said corporation in any furtner
sum than the unpaid balance due on MS
subscription to the capital stock thereof
nor shall any mere informally IN Inc OF
ganizatiOn OF this corporation nave the Ell
feet of rendering this charter null, or OF
exposing any of the stockholders Thereon 10
any liability beyond such unpaid amount due
ON his subscription to stock.
Article X.-The first board of directors OF
this corporation shall consist OF Marcei
Krauss Arthur J. krauSS, Lee hrauSs ana
Alexander Krauss, and they shall serve until
the first Monday of April, 1914, together
with the two directors VINO may De eltc'eu
by the subscribers TO the preferred stock,
as hrreinbefore provided As soon as any
of such preferred stock shall have been Is
sued, it shall be competent Tor the STOCK
holders thereof 10 elect the two directors Tor
the first year at meeting of all the pre-
ferred stockholders TO be called after ten
DAYS notice in writing by registered man
10 each of said preferred stockholders.
The present officers of the corporation
shall be Marcel Krauss president; Arthur j.
Krauss, first yicc-president; Lee hrauSs, sec
ond yice-president, and Alexander hrauss,
retary-treasurer. and they shall serve I'M
til their successors shall have been duly
elected and qualified as hereinbefore specl-
tcally provided.
city of New Orleans. on the day, month and
wear herein first above written, in the pres
ence OF EldOn :. Lazarus and John L. Cor
coran, competent witnesses, who have here
unto signed their names with the said APP
bearers and me, notary, after due reading
of the whole.
Original signed VI. Krauss 100 shares ;
4. J. Krauss, $50 shares; L. krauss, 900
shares A. Krauxx, 100 shares J. q. Swars-
child, per II. l.. Lazarus, 500 shares; Eldon
:. Lazarus, JnO. l.. CorcOran.
l. 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
Krauss Bros. Lumber Co. was this day re-
corded In my office, in book loss. folio Az.
New Orleans, May 18th, 1913.
tSlgnedD EMILE LEONARD, ID. r.
|, the undersigned notary public, do here
by certify that the above and foregoing, to-
gether with the certificate Of the recorder OF
mortgages in and for the parish OF Orleans,
is a true and correct copy Of the charter OF
the Krauss Brothers Lumber Company, the
original Of which Is on file in my norar!al
office.
In faith whereof witness my hand and
seal, this Goth day Of May, 1913.
III. MICHEL, Not. Pub.
may % june IL 10 % july 3