The herald. [volume] (New Orleans, La.) 1905-1953, 1913-01-02

by the president and secretary treasurer Of
the company 10 the effect that said stock
was offered 70 the remaining stockholders
through the board 81 directors az its book
value for a period OF ten days ami 'hry had
| failed or declined 20 purchase same.
Stock sold or pledged in CONFIRMATION 10
! this provision shall become the property of
! the stakeholder first rendering To- ta- trans
| feIrce or pledges IFS book value.
ARTICLE '.
! All the powers OF this corporation shall
! DE vested in and the business and affairs
! shall be managed 10y "A board OF directors
I consisting Of three directors who shall De
| elected annually at 4 meeting Of tA" stock
/ holders on the first Monday of October u
each year, except the first board ~ dirrr-
/ tors named in this charter who shall hold
office until the first Monday Of october 1914
All elections shall be held by ballot ar
the office Of the company under tine super.
vision Of two commissioners to De appointed
by the board Of directors. Notice Of such
meeting shall De given by the secretary
treasurer i'm writing. delivered to each stock
holder IN person, or mailed 10 his last known
address AZ least ten days prior % such
election, hut this notice may Ice waived Icy
all the stockholders
At all such elections ana ut all meetings
Of the stockholders every stockho,dr- shall
be- entitled 10 one vote for each share of
stock standing in his name on the books
OF the company at the date Of said election
or meeting; said votes 10 be cast I'm person
or 10y written proxy, and a majority OK The
votes shall elect.
The failure 10 elect directors az the an
nuul meeting shall not dissolve or affect the
corporation nor impair its management in
any respect; but the directors in Office shall
remain in otlir" until their Successors are
elected and qualified.
The board OF directors shall elect as soon
rs possible after their own election aad from
their own number, a president. a ylan-prp>.-
dent aud SncreJary-trcasurer and may
grant 10 each officer such power as they
deem proper.
All vacancies in the board Tor whatever
cause shall he filled by the remaining t.rrc-
tors. Any member Of the board may appoint
any other director his proxy % act i'm his
place and stead at meeting OF tile board.
ARTICLE VI
This act OF Incorporation may hr modified.
changed or altered, or said corporation may
Toe dissolved with the assent Of three fpurtls
of the capital stock outstanding. ut a meet
IhE Of the stockholders convened f.. that
purpose and after ten days notice has been
given by registered letter mailed =. the
last known address Of each StorGhoir. Fur
said notice may De- waived by the M Ii-
nous consent Of ali the stockholders.
In case of the dissolution OF the corpor-
alton its affairs shall De IiquidatrI by the
directors in Office at the date Of the Ii,so.
luton.
ARTICLE VII.
No stakeholder shall ever he held liable
Tor the faults or contracts Of said corpora
tion in any further sum than the unpaid bal
ance due 10 the corporation on the shares
owned by him, nor shall any mere infor-
mality have the effect Of rendering the char
yer null, or exposing any stakeholder 70 any
liability beyond the unpaid balanc. due on
his stock.
ARTICLE VIII.
The first board Of directors shall consist
Of Emile A. Rainold, who shall be it, first
president: ISidore Rosenberg. who shall he
its first viCe-prcSident, and Louis T. ROb-
cbauX, who shall be its secretary trca Surer
The subscribers hereto have respectively
written opposite their name the amount of
stock subscribed by them In this corporation
so that this act of Incorporation NAV also
serve as the original subscription list Of
the corporation.
Thus done and passed at my Office In the
city of New Orleans, state Of louisiana on
the day, month and year herein first above
written, in the presence OF Rosa Kiar and
Ernest j. Rue, competent witnesses and res
ldents OF this city, who hereunto sign their
names with said appearers and me- notary,
after reading of the whole
Original signed: KnoblOch & RainOld and
others. Witnesses: Rosa Klar, Ernest j.
Rue. FRANK II. RAINOLD
Notary Public.
|, 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
Atlas Sugar Company was this day duly
recorded In my office. in book 1865. folio -.
New Orleans, December Z, 1912
EMILE LEONARD, by. Rec.
New Orleans. December Z, 1912
| hereby certify the above to be a true
and correct copy Of the act OF incorporation
Of the Atlas Sugar Company and OF certih-
cate of the recorder OF mortgages
FRANK L. RAINOLD,
Notary Public.