The herald., 1913-04-03
ARTIME Y


All the corporate powers OF this company
shall be vested in, and the management ana
control of its business and affairs shall De
exercised by a board Of directors to be com.
posed Of five stockholders, a majority or
whom shall constitute quorum Tor the
transaction of all business. The directors
shall be elected annually, by ballot or the
stockholders, on the second Tuesday In
March Of each year. Each stakeholder shall
be entitled In person or by written proxy 10
one vote on each share OF stock owned by
him and standing in his name on the books
OF the corporation and majority OF the
votes cast shall elect. All elections shall
be held under such rules and regulations as
may be determined by the board or directors,
but, after at least ten days notice shall
have been given to each stOckholder by mail
sent to his last known address. The direc-
tors thus elected shall continue In office for
one year or until their successors shall have
been duly elected and qualified. No failure
to elect shall be considered as forfeiture OF
this charter. Any vacancy occurring on
said board Of directors shall be hlled by the
remaining directors for the unexpired term.
Said board of directors shall, at its nrst
meeting after its election, elect from among
its number president, vice-president. sec.
two last mentioned offices into one, and may
even elect a secretary who need not be a
stakeholder Said board of directors shall
also have the right and power to combine
treasurer. Said board Of directors shall
have the right to appoint and dismiss such
clerks, managers and other employees oil
the corporation, including the secretary who
is not a stakeholder, as conditions may jus
tify. or the business of the corporation may
require. The tenure of Office of all the EN-
| plOyees Of the corporation shall be during
| the pleasure Of the board OF directors
ARTICLE vi.
No stakeholder shall ever be held liable
| or responsible for the contracts, faults OIL
| debts of this corporation. nor shall any
mere informality In its organization have
/ the effect of rendering this charter null oil
| of exposing a stakeholder to any liability
beyond the unpaid balance due on the share:
of stock owned by HIM.
ARTICLE VII.
This act OF Incorporation may be changed
modified or altered, or this corporation may
be dissolved with the assent OF the stock
holders owning a majority of all OF the stool
| of the corporation, at a general meetins
convened for that purpose after notice sinai
have been given to each stakeholder as pro
vided for in Article OF this act OF incor
poration. In case Of the dissolution by tn
expiration of this charter or otherwise, the
| stockholders shall elect three liquidator'
| from among their number, to liquidate ant
settle the business and affairs OF the com
Ipany In case Of the death or inability o.
any Of said commissioners, the survivor
| survivors shall appoint successor to him
| ARTICLE VIII.
| Until the election to be held In March
1914, the following stockholders shall con
stitute the first board Of directors, viz: Pau
IConrad, r. f. de los Reyes. NJ. Paul Julian
Frederick Burt and Charles Carmouche, witt
the said Paul Conrad as president and sec
retary-treasurer, and the said Frederic
Burt as vice-president and general manager
Thus done and passed at my office In tn
city of New orleans, on the day, month an
year herein first above written, In the pres
ence of Theodore A. Beck and John p. Ca
yale, both of this city, competent witnesses
who have hereunto signed their names wit
the said appearers and me, notary, after du
reading of the whole.
(Original signed) Paul Conrad, 8 shares
Frederic Burt, 9 shares Chas. Carmouche
6 shares NJ. p. Julian. g shares; r. f. d
los Reyes, 6 shares. T.. A. Beck. John T
lCazale. ROBERT LEGIER, Not. Pub.
/, the undersigned recorder of mortga &c
In and for the parish of Orleans, state o
Louisiana. do hereby certify that the abov
and foregoing act Of Incorporation Of tn
lStandard Remedy Company, incorporated
was this day duly recorded IN my office l
book 1855. folio :.
New Orleans, La. March 10Th. 1913.
!, (Signed) EMILE LEONARD, ID. X.
"A true copy from the original act.
ROBERT LBGIER, Not. Pub.
inch 90 "a apl 10 IL "a 1913