The herald. [volume] (New Orleans, La.) 1905-1953, 1913-03-06

two hundred and fifty shares at the par val,
ue of one hundred (S1O0) dollars each ana
three thousand (S3,OO0) dollars OF the SAID
capital stock must be subscribed and pald
in cash before the company can organize
and become a going concern. The remaining
shares of said stock shall be issued by the
board of directors as they shall deem Mt ana
proper. .
All shares Of stock shall be paid for in
ash property received, or labor performed
and must be fully paid before the issuance
of the certificate therefor, and Siall be non
aSSeSSabe.
said stock shall be represented by stock
certificates transferable only on the books
of the company, on the surrender or the out
standing certificate, or due PROOF OF loss; ..
Before any stock can be transferred II
must be first offered in writing and at It's
book value, TO the board OF directors OF the
company who shall have the option or pur-
| chas same at the said book value at the
| time the said stock Is offered; and should
| the directors fail 10 make the purchase OF
the said stock within sixty (6O) Gays from
| the time OF offer, then the holder ana owner
Of the stock may dispose OF 1t IN the open
| market. ,
The said capital stock may be increased
or diminished by proceedings taken In ac-
cordance with the laws of the state OF Lou
| isiana.
The officers of this corporation shall con-
sist OF president, yice-presldent ana
| secretary treasurer, all OF whom together
u
| OF whom shall constitute a quorum Tor the
| transaction OF business and all corporate
| mowers shall be vested In and exercised by
this said board of directors .,..
The first board of directors snail consist
Of John f. Rodgers as president, Miss Cath-
crime Rodgers as vice-president, and Andrew
i L, Saxon, as secretary-treasurer; VINO snali
serve until their successors are duly electeo
and qualified, on the second luesua! ~
The said board Of directors shall be elect
cd annually thereafter on the second Tues
| day of March of each year, or as soon there
after as possible, at stockholders meet
ing convened for that purpose
Each share of stock shall be entitled u
lone vote, to be cast by the stockholder' eitnel
in person or by proxy line ma!T ranyesente,
BY proxy, shall elect The annual meetini
for the election Of the board OF director
shall be preceded by ten t1O) days nollc
mailed to each stockholder 10 attehu S"i
meeting. r,c,r VT
> No stakeholder shall ever be liable or re
sponsibe for the contracts or faults OF I'M
Z corporation, nor shall any mere tnaor naarIn
: this charter null, or OF exposing stoch
d holder to any liability beyond the amour
d due on his capital stock.
! ARTICLE VII.
A This act of incorporation may be changed
). altered or modified, or the corporation ma
e be dissolved with the assent OF three-iourtn
= Of the stock represented at speclai met
e ing called for that purpose, AFTER It's o,
o iects have been made known by Ten lio
l. DAVIS previous notice In writing, Delivered {
o mailed to each stakeholder, and upon con
J. plying with the laws Of the state OF Louis
n ana. Whenever the corporation Is dissolve'
:. its affairs shall be liquidated by two comm
4 sioners appointed from the STOCKHOLDERS |
s. the board of directors. 4,
Icl Thus done and passed In my ofice In u
ID city of New Orleans, louisiana, on tne ia
n month and wear first above written, In Il
70 nresence OF N. Iowengardt and VIM. j. Fit
gerald competent witnesses, VINO nereun
sign their names with the said appearers az
10 me notary. after due reading OF the whol
n Originally signed: John F. Rodgers,
K shares Catherine Rodgers, shares; A.
v Saxon, 20 shares. ut.
n gerald. vo~ ro. p,h,,.
al I the undersigned recorder OF mortgag
70 in and for the parish Of Orleans, state
10 louisiana do hereby certify that the aDo
n and foregoing act OF Incorporation OF I
"a RODGERS Company was this day duly recor
ts ed in nv office in book 1883, folio :.
r.. New Orleans, Parish of Orleans, State
e. louisiana this oath day Of February, 191
". EMILE LEONARD, Deputy Record
or I hereby certify that the above and 10
OF going Is a true and correct copy OF the or
~ inaI charter Of the Rodgers Company,
er the certificate Of the recorder OF mortgat
for the parish Of Orleans, state OF LOU
ana. as DER said original on file in my
no tarial office in the city of New Orleans,
~. New orleans. La, Feb. "a, 1913.
nd LYLE SAXON, Notary Public
he feb % march Is 20 q apr