The herald., 1913-04-03
ARTICLE V.

All the corporate powers OF this corpor-
alton and the management and control OF
Its affairs shall be vested In and exercised by
a board OF directors composed OF three stock
holders, a majority OF whom shall cOnsti-
tute quorum for the transaction OF all
business; these directors shall be elected
annually by the stockholders at a meeting
to be held at the domicile of the corpora.
ton, on the first Tuesday OF January OF
each year; each stakeholder shall be enti-
tied In person or by written proxy, to a
vote for each share OF stock owned by him
and all elections shall be held under such
rules and regulations may be determined
by the board OF directors f; the directors thus
elected shall continue in office for one year
or until their successors shall have been
elected and have qualified; no failure to
elect shall be regarded as a forfeiture OF
this charter; any vacancy occurring In the
board shall be filled by the remaining direc-
tors for the unexpired term the board OF
directors shall at their first meeting after
their election, elect from among its num-
Der president, vice-president and sec
retary-treasurer the said board OF directors
shall have power TO make and from time to
time amend bylaws, rules and regulations
for the conduct Of the affairs OF the cOrpor-
| ation and to employ and dismiss managers
and other employees of the corporation as
the interest and business Of same may re-
quire The board shall also have full power
and authority to borrow money, issue notes
and obligations, and generally TO do all
| things necessary for the proper carrying on
| OF the business OF the corporation. The first
| DOdru Oh directors OF tnlS corporation snail
consist OF Henry V. Capo. Frank L. Capo and
Miss Bertha NJ. CapO, with Henry V. CapO
| as president. Frank l.. Capo as vice-presi-
dent and Miss Bertha NJ. Capo secretary
| treasurer said directors to remain In Office
until the election TO be held in January
nineteen hundred and fourteen, or until their
successors are elected and qualified, said
officers, however. holding their Offices only
at the pleasure OF the board
), ARTICLE VI.
| No stnckholder shall evar no Iiahla or
responsible for the contracts faults or debts
OF this corporation In any further sum than
the unpaid balance due the corporation on
the shares owned by him, nor shall any
mere infOrmality In organization have the
effect OF rendering this charter void or OF
exposing stakeholder to any liability be-
yond the amount OF the unpaid balance on
his subscription to the stock.
ARTICLE VII.
This act OF Incorporation may be changed.
modified or altered, or this corporation may
Z be dissolved with the assent OF its stock
holders owning three-fourths OF the capital
stock OF the corporation present or repre-
sented oy written proxy at general meet,
Z Ing convened for that purpose after legal
: notice in writing shall have been given
through the mails to each stakeholder at his
last known place of residence; in case OF
dissolution by the expiration OF this charter
4 or otherwise, the stockholders shall elect
Q one liquidator from among their number "a
v settle and wind up the affairs and business
/ OF this corporation.
/, ARTICLE VIII.
vi In order that this charter may act as tn;
VI original subscription list made for the pur
pose OF organizing this corporation, the In
| corporators have signed their names hereto
: and placed opposite to their names the mum
J, Der OF shares subscribed for by each
u Thus done and passed in my Office in thi
le city Of New Orleans, state OF Louisiana, OF
,e the day, month and year herein first writer
u In the presence Of Nathan III. Feitel an'
70 NOZZLE VOORHEES,, competent witnesses, VIII
Is have hereunto signed their names with In
~ said appearers and me. notary, after du
~ reading Of the whole.
er Signed: Henry V. Capo, fifty shares
ls Frank L. Capo, fifty shares Bertha NJ. Capo
90 fifty shares. Witnesses Nathan ii. Feitei
IN NOelie VOORHEES,.
Oh LEWIS r. GRAHAM, Not. Pub.
IS I, the undersigned recorder of mortgage
In In and for the parish OF Orleans, state o
Louisiana, do hereby certify that the aboy
or and foregoing act OF Incorporation OF tn
in NJ. Capo, incorporated, was this day dul
IS recorded In my office, in book 1888. folio -
OF New Orleans, March 20 1913.
in (Slgned) EMILE ]. LEONARD, by. q
as A true copy.
all LEWIS r. GRAHAM. Not. Pub.
march q apr 10 II "a may