The herald., 1913-10-16

lcorporation at its book value. and any
transfer Of stock made in violation or TINS
provision, shall not be recognized by the
corporation.
| This corporation shall be a going con
Germ as soon as three thousand S3,OOO.OO)
dollars OF its capital stock has been sub
scrlbed as hereinabove provided. 49,
! ARTICLE S-Au the powers Of this cor
lporation shall be vested in, and the man
agcment and control Of its affairs shaH De
Exercised by, board OF directors 10 be
IcompoSed Of three 81 stockholders, two OF
whom shall constitute quorum Tor the
transaction of the business Of the corpora
ton. Tn" first board Of directors SNAIL be
composed Of Harry ); Friedman, ihIIlp jess
land Abraham Jess The Officers OF The said
first board Of directors shall be Harry ;.
Friedman. president, Philip Jess. Vice-p:esl'
dent and Abraham Jess. secretary
land the said board Of directors and said
Iufficprs shall serve and remain in office
Iuntil the second Monday In October. l"l I,
lon which day. and annually thereafter the
| board Of directors shall be- elected by the
srock hOldyrs. at meeting called for that
purpose. All directors and Officers shall
| hold office until their successors are elected
and qualified. and any failure 10 elect direc-
| tors shall not be regarded as FORFEITURE
In the election Of directors. each stock
holder shall be entitled 20 one vote FOR
each share Of stock owned by him, and may
De east either in person or by duly author
lied proxy and a majority Of the votes cast
shall elect. Any vacancy occurring IN the
board OF directors may be filled by the re-
naming directors for the uneXpired term.
At the first meeting Of the directors, after
their election and qualification, they shall
elect from among their own number presl-
dent vice-president and Secretary-treas-
urer.
ARTICLE Vial meetings Of the stock
stockholders shall BE- called by written no.
tice mailed 10 the last known address OF
leach stakeholder, not less than thirty days
before the date fixed for such meeting,
unless said notice has been waived In writ
ing by the stockholders.
Article EII.-This act Of Incorporation
may be amended, modified, changed or al
tered, or this corporation may b. dissolved
with the assent OF the stockholders holding
and owning three-fourths Of the capital stock
hereof, who may be present or represented
at a general meeting OF the stockholders
convened for that purpose, and Of which
due notice has been given,
Whenever this corporation shall be dis
solved, either by limitation or from any
other cauSc. its affairs shall be liquidated
by three 30 commissioners 10 be appointed
for that purpose from among the stOckhOld-
rrS AT a meeting OF the OJkhOlderS con
y"ned for that purpose; said commissioners
shall remain In office until the affairs Of
said corporation shall be fully and finally
llquidated Any vacancy occurring among
the lIqu!datOrs from any cause whatsoever
shall be illed by the remaining Commission
ers.
Article yIII-No stakeholder shall ever
be liable or responsible FOR the contracts
or faults Of this corporation In any further
sum than the unpaid balance due by him on
the shares Of stock subscribed 10 or owned
by, him nor shall any mere informally in
the organization Of this corporation have
the effect Of rendering this Charter null,
or Of exposing any stakeholder 10 any fur
Their liability than the unpaid amount which
may D. due on his stock subscription.
This list OF subscribers hereuntO annexed
shall serve a. the original subscription list
OF this corporation.
Thus done and passed In my nOtarial
office in the City Of New Orleans In the
llasenkampf competent witnesses. Of law
ful age and residents OF this city and parish.
who have hereuntO subscribed their names.
together with the said appearers and me,
Notary. after due reading OF the whole
Original signed: Abraham Jess. 20 shares
Harry ;. Friedman, shares; Philip Jess
> shares per \. Jess, Otto T. Ha>enkampf
Jno l.. CorcOran II. Michel 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
Goodyear RalncOat Company was this day
duly recorded in my office, in Book lll9.
Signed EMILE J. LEONARD. l.. K.
State OF Louisiana, Parish OF Orleans
|, the undersigned notary. do hereby certi-
~ the above and foregoing, together with
the certificate Of the recorder OF mOrtga Ces
for the Parish Of Orleans, TO be true and
correct copy OF the Charter Of the GOODYEAR
Rainccat company, the original OF which is
on file in my NOtarial Office.
In faith whereof, witness my hand and
OH rlal seal, this fOu, rteenth day Of OctOer
1918.
H MICHEL.
Notary Public.
oct Is - 30 nov - 20