The herald. [volume] (New Orleans, La.) 1905-1953, 1913-02-27

year from the date OF their election, or until
| their successors have been duly elected and
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 for
whom they are cast Each share OF stock
voted upon TO be counted for one vote. At
ter each election the board shall elect from
their own number the officers above named.
The board OF directors shall elect said Off
GERS.
The board OF directors shall give at least
ten days notice by mail of the election Of
directors, and shall appoint one or more
stockholders to preside at such election. Any
failure from any cause whatsoever TO elect
directors on the day named for that purpose
shall not dissolve this corporation. but the
directors and officers then in otice shall hold
over until their successors are chosen and
qualified.
The board Of directors shall have full pow
er and authority to fill vacancies in their
number caused by death, resignation, or 9TH
erwise. The said board is further authorized
to frame and adopt such bylaws, rules and
regulations as the affairs and business OF the
company may require, and Ii may deem nee
essary for the conducting and management
thereof, provided the same does not conflict
with this charter, and the laws of the state
Of Louisiana, and those of the United States !;
TO name and appoint a general manager fix
his compensation and terms Of employment
a
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 will, 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 full
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, modified or
altered or this corporation dissolved, at
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 be
given of such meeting; in case Of dissolution
or termination Of this corporation the lidui-
dalton 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 faults
OF this corporation for any further sum than
the unpaid balance due on the shares of
stock subscribed for or owned by him nor
shall any informality in the organization
have the effect OF rendering this charter
null or Of exposing stakeholder to any liza
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 of
said stock or relinquish his interest in the
corporation or desire to terminate or dis
solve the same, he shall first tender such
stock, for purchase, to the other stockhold-
ers and the other stockholders shall have the
preferred right, for sixty days TO purchase
the stock so rendered at the price shown by
or to be issued, shall be subject to the fore
ARTICLE VIII.
The capital stock Of this corporation may
be increased or decreased on complying with |
the requirements of the law. and with such
bylaws as may be consistent with the law.
as may be hereafter adopted by the board |
Of directors.
This corporation shall be a going concern,
and be authorized TO do business under this |
charter as soon as the full amount of its |
capital stock shall he subscribed for.
Thus done and passed in my Office on the |
day and date first above written, in the |
presence of MessrS. T. A. Schuber and w. |
COnkertor, both competent witnesses domi- |
ciliated in this city who signed these pres
tary. after a due reading of the whole the
parties hereto also afiXing opposite their
names their respective subscriptions TO the |
capital stock of this corporation, which shall
constitute the original subscription list of |
stock subscribed in this corporation.
(Original signed)
Subscribers names)
Witnesses It. A. Schuber, W Conkerton
EDWARD NJ. ROBERT, Not. Pub
State of Louisiana, Parish OF Orleans
/. the undersigned recorder of mortgages
'or the parish of Orleans. aforesaid. do here
~ certify that the above and foregoing act
# Incorporation of the Boston Shoe Store,
Inc. Of Shreveport. Ia. was this day re-
'Orded in my office in book - folio =
Witness my hand and official seal this
9th day Of February, 1913
.Signedl EMILE LEONARD Dy. Rec.
A true copy
!. EDWARD NJ ROBERT, Not Pub.
eb Is 20 81 mch 6 u 90