The herald., 1913-03-06

year from the date Of their election, or until
their successors have been duly elected ana
qualified, which election shall take place on
the third Monday In February, 1914, and
annually thereafter. The election for direc-
tors shall be by ballot, and the majority In
amount Of stockholders voting whether pres
ent or by proxy, shall elect the persons Tor
whom they are cast. Each share or stock
voted upon to be counted for one vote. Ar
ter each election the board shall elect from
their own number the officers above named
The board OF directors shall elect said ON
GERS.
The board Of directors shall give at least
ten days notice by mail Of the election or
directors, and shall appoint one or more
stockholders to preside at such election. ANY
failure from any cause whatsoever 10 eject
directors on the day named for that purpose
shall not dissolve this corporation, but the
directors and officers then in Office shall hold
over until their successors are CHOSEN ana
qualified.
The board of directors shall have full pow
er and authority to I'LL vacancies in their
number caused by death, resignation, or otn-
erwise. The said board is further authorized
to frame and adopt such bylaws rules ana
regulations as the affairs and business or the
company may require, and 1t may deem nee
essary for the conducting and management
thereof, provided the same does not connlct
with this charter, and the laws of the state
of Louisiana, and those of the United States ;
TO name and appoint general manager, hx
his compensation and terms OF employment,
as well as such other agents, employees as
In its discretion may seem fit and proper.
The board of directors are specially vest
ed with the power to acquire and purchase
such property or business, or good VIII, or
all Of these from individuals or firms, or
other corporations as said board OF direc,
tors may deem advisable and proper, and
at such prices and on such terms as they
think best, and to pay therefor In the Iuil
paid capital stock Of the corporation. This
power to purchase and acquire to be exer-
cised by the said board without the neces-
sity of referring to the shareholders for au'
thorizatiOn.
This charter may be amended, modihed OF
altered or this corporation dissolved, at a
general meeting of the stockholders con
| vened for that purpose with the assent OF
| the majority of the stock which may be Is
sued, present or represented at such meet
| ing Thirty days notice by mail shall bt
given of such meeting; in case OF dissolution
or termination of this corporation the llqui
| dation OF Its affairs shall be conducted by
three commissioners selected In like manner
and by like vote and assent at a meeting
called as above for that purpose.
ARTICLE VI
| No stakeholder shall ever be liable or re
sponsible for the debts, contracts or fault:
| the unpaid balance due on the shares Of
| stock subscribed for or owned by him mol
shall any informality In the organization
have the effect of rendering. this charter
|
bility beyond the amount Of the unpaid bal
| ance on his subscription to the stock.
! ARTICLE VII.
Should any stakeholder or stock-owner de
/ sire to sell or dispose of all or any part o.
said stock or relinquish his interest in tn,
| corporation or desire to terminate or dis
solve the same, he shall first tender sucl
| stock, for purchase, to the other stockhold
| ers and the other stockholders shall have tn
preferred right, for sixty days to purchas
| the stock so rendered at the price shown b.
the books of the company. All stock issued
or to be issued. shall be subject to the fore
| going provision.
The capital stock Of this corporation ma!
| be increased or decreased on complying witt
| the requirements of the law, and with sucl
as may be hereafter adopted by the boar
Vi ARTICLE TX.
| This corporation shall be a going concern
and be authorized to do business under thi
charter as soon as the full amount Of 1t
capital stock shall be subscribed for.
Thus done and passed In my office on tn
day and date first above written, In tn
presence Of Messrs. 7. A. Schuber and "
cIliated in this city, who signed these pres
ents, together with the parties and me, nc
tary, after a due reading Of the whole, tn
parties hereto also afixing opposite thei
names their respective subscriptions to tn
capital stock of this corporation, which sha
constitute the original subscription list o
stock subscribed in this corporation.
Il (Original signed)
i Subscribers names)
witnesses: It. A. Schuber, W. Conkertor
| EDWARD NJ. ROBERT, Not. Pub.
State of Louisiana, Parish of Orleans.
Il I, the undersigned recorder of mortgage
for the parish Of Orleans, aforesaid, do hert
by certify that the above and foregoing &C
of Incorporation of the Boston Shoe Stor'
Inc, of Shreveport, La, was this day n
corded in my Office In book -, folio :.
Witness my hand and official seal thi
10Th day Of February, 1913.
(Signed) EMILE LEONARD, by. Rec.
X A true copy.
EDWARD NJ. ROBERT, Not. Pub.
| feb IL 90 81 mch II 90