The herald. [volume] (New Orleans, La.) 1905-1953, 1913-03-13

or It's equivalent The board OF directors
shall have the right to issue shares OF stoch
only for cash, services rehueTg rendered nnSidara.
disc, property, or Other NdIudoie |o"'
tions, as they may see nj.
' ARTICLE ".
The corporate powers OF TINS corporation
shall be vested In and exercised y. U 49, |
of directors, three in number, selected from
the stockholders Of this corporation anu
consisting of a president, vice -presiuent anu
secretary treasurer, any two OF WHOM WIN
constitute a quorum for the transaction vi
c0rnoratp business The first board OF oil
rectors Of this corporation, ana unuer lhlS
charter is as follows Leon j. DODard, pres,
ident: Prosper DObdrd. vice-preSldent anu
Weston Dobard, secretary -treasuref' Sdiu
hoard of directors and officers shall hold
office for one year from the date OF their
election. or until their successors nave Deeh
duly elected and qualified, when next eltc
tiOn shall take place on the hrSt MohuaI ~
March 1914 and annually Thereafter. Inc
election for directors shall be by ballot, ana
the majority in amount Of stockholders NoI-
| Ing present or by proxy shall eject ihe per,
sons for whom they are cast. Eacn snare
OF stock voted upon to be counted Tor one
| vote After said election of said board OF
| directors. the directors shall elect from TIMER
! own number the officers OF TINS corPorati ''u
| The first officers of this corporation, under
| this charter, are: Leon j. DODard, presl,
| dent: Prosper DObard, vice-president, and
| Weston DObard secretary treasurer.
! 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 10 eject
| directors ON the day named for that pur-
| pose shall not dissolve this corporation, put
| the directors then In office shall hold over
until their successors are chosen ana quail
flied. -,
i The board Of directors shall have full
/ mower and authority to fill vacancies IN
their number caused by death, resignation,
| or otherwise. The said board of directors
Is further authorized to frame ana auOpl
such bylaws, rules and regulations as the
| affairs and business of the company may re-
quire, and 1t may deem necessary, Tor the
conducting and management thereof pro
yided the same does not conflict with TINS
- charter and the laws Of the state OF Lou
siana, and those of the United States; to
name and appoint a general manager, TX
| his compensation. and terms of employment,
as well as such other agents employees as III
its discretion may seem iii and proper.
The board OF directors are specially vested
with the power TO acquire ana purchase SucI
) property or business, or good VIII, or all 81
these from individuals or firms or corpora
tons as said board Of directors may deem
4 advisable and proper and at such price anc
on such terms as they think best, and t,
5 pay therefor in the full paid capital stocl
1 of the corporation. This power 10 purchase
r and acquire to be exercised by the said bOar'
without the necessity Of referring TO TIL
shareholders for authorization.
{ ARTICLE V.
: This charter may be amended, mOdihe,
e or altered, or this corporation dissolved, a
general meeting of the stockholders con
: vened for that purpose, with the assent .
! the majority of the stock which may b
, issued, present or represented at such meet
v ing Thirty days notice by mail shall b
b, given of such meeting; in case OF dlSso
I luton or termination of this corporation
: the liquidation of its affairs shall be con
: Quoted by three commissioners selected in
r like manner and by like vote and assent a
r a meeting called above for that purpose
= ARTICLE VI.
No stakeholder shall ever be liable o
Il responsible for the debts, contracts or fault
/ of this corporation for any further SUI
# than the unpaid balance due on the share
# of stock subscribed for or owned by him
5, nor shall any iufOrmality in the organiZa
d ton have the effect Of rendering this charte
I null, or of exposing a stakeholder TO an
K liability beyond the amount of the unpai
| balance on his subscription to the stock.
ARTICLE VII.
" Should any stakeholder or StOck-Owne
II desire TO sell or dispose of all or any par
d of said stock or relinquish his interest
70 the corporation or desire TO terminate O
IS dissolve the same, he shall first tender sue
IF stock for purchase, to the other stOckholC
.e ers Of this corporation, and the other stool
n holders shall have the preferred right, fO
II sixty days TO purchase the stock so tel
r dered at the price shown by the books {
Or the company. All stock issued, or to /
" issued shall be subject 10 the foregoing pr,
"a vision.
Of ARTICLE VIII.
w The capital stock of this corporation ma
II he increased or decreased on cOmplyin
NJ with the requirements of the law, and wit
lie such bylaws as may be consistent with IL
law, as may be hereafter adopted by Il
board of directors.
d, ARTICLE TX.
orl This corporation shall be a going concer
81 as soon as ten thousand dollars $50, 600. OF
T. is subscribed for.
ty Thus done and passed in my office on Il
~ day and date first above written, in Il
81 presence of Messrs. L. \. Schuber and '
COnkerton, both competent witnesses, don
lie ciliated in this city, who signed these pre-
of ents together with the parties and me, n
an tary, after due reading of the whole, q
he parties hereto also affXing opposite the
nv names their respective subscriptions to Z
of capital stock of this corporation. which sh;
er constitute the original subscription list
ny stock subscribed in this corporation.
at Original signed: Leon L. Dobard i
he 100 shares $4,000; Weston Dobard,
on shares, $500. Witnesses I. A. Schuber,
We ConkertOn.
ID. EDGAR NJ Calm, Not. Pub.
mt State of Louisiana, Parish of Orleans.
ltol |, the undersigned recorder of mOrtgag
lid for the parish of orleans aforesaid, do he
ng by certify that the above and foregoing
of Incorporation of the 'Dobard Wine
NJ Liquor Co, Ltd" was this day recorded
BY my Office in book No. 1858, folio -.
m Witness my hand and official seal Il
2Sth day of February, 1913.
lSigned) EMILE LEONARD, by. r,
res A true copy.
of New Orleans, March 3, 1913
we EDGAR VI. GAIN, Not. Pub
he march 13 20 ~ apr 10 II
his