The herald. [volume] (New Orleans, La.) 1905-1953, 1913-04-03

meeting: said votes TO be cast In person OF
by written proxy, and majority or the
votes cast shall elect.
nual meeting shall not dissolve or AFFECT the
corporation, nor impair Its management IN
any respect; but the directors ana omceIs
shall remain in office until their successors
are elected and qualined.
The board of directors shall elect as soon
as possible after their own election, ana
from their own number, president vice
president and a secretary-treasurer, ana may
grant to each officer such powers as they
All vacancies In the board for whatever
cause shall be filed by the remaining dlrec'
| tors. Any member OF the board may APP
Ooint any other stakeholder his proxy 10 AZ
] tend anv meeting and act in his place and
| The hoard OF directors shall be vested with
| full power and authority 10 make all con
| tracts, purchases and sales. and to make al
bylaws, rules and regulations Tor the con
duet Of the business OF the company, and
| the same 10 alter, amend, or repeal AT pleas
ure and the board may, from time TO time
name and appoint all such officers, agents
| servants and employees as they may ietii
| necessary, and shall have the power TO hN
and define the duties of every officer agent
| servant and employee.
signed BY the president or yice-prcSident
and by the Secretary-treasurer. and in cast
! OF the absence or disability Of said secretary
treasurer. by said president and vice-presl
dent All notes and other evidences or In
debtedneSs Of said company must be signed
by the president:
Whenever this corporation shall be dis
solved either from Limitation or otherwise
| its affairs shall be liquidated by two com
| miSsioners to be appointed from amongst
| the stockholders at a general meeting OI
the stockholders convened Tor that purpoS"
of which meeting notice shall b. given II
| the time and manner provided for stock
holders meeting In Article VII Of this char
| ter, and majority in amount OF the capita
| stock represented at such meeting snail Dt
| rpuuiSitc TO elect. Said commissioners Shal
| remain in Office until their affairs are fully
| Inundated. In case of the death, reSigna
| tiOn. or inability TO act OF either OF Saic
| commissioners, the vacancy shall be illeo
hv the stockholders after similar notice
until which time the survivor shall con
| tinue TO act The said notice may hi
| waived by the unanimous consent of all tbs
stockholders.
ARTICLE VII.
| This act OF Incorporation may be modified
changed or altered, or said corporation may
| be dissolved with the assent OF three-fourth,
of the capital stock represented at a gen
| eral meeting of the stockholders convened
for that purpose, and after notice shall have
| been given in a daily newspaper published
| in this city once week for thirty days pre-
Ccding the meeting. The said notice may
| be waived by the unanimous consent OF al
| the stockholders. Any change made or pro
posed with reference TO the capital stock
shall he made in accordance with the laws
of this state on the subject OF altering the
capital stock o: corporations.
ARTICLE VIII.
No stakeholder shall ever be held liable
| for the faults or contracts of said corpora
| tiOn in any further sum than the unpaid
balance due TO the corporation on tn,
shares owned by him. nor shall any mere
informality in organization have the effect
of rendering the charter null or exposing
any stakeholder TO any liability beyond tn,
unpaid balance due on his stock.
| ARTICLE IN.
The first board sf directors shall consist
of Sigismund :. Levy. Horace b. Turner
and Alcide J. GuesnOn, with Sigismund 5
| Levy president; Horace Il. Turner, vice
president, and Alcide J. Guesnon, secretary
| treasurer.
The subscribers hereto have respectivel,
written opposite their names the amount o
stock owned by them in this corporation. 81
| that this act of incorporation may als'
serve as the original subscription list OF TIL
| corporation.
| Thus done and passed at my office il
| the city OF New Orleans, in said state, oil
| the day, month and year herein first abov
written, in the presence of Messrs. Zachar!
| Adler and Thomas A. Tabary, cOmpeten
witnesses, OF the full age of majority ant
residents of this city. who hereuntO sigl
their names with said appearers and me
notary. after reading Of the whole.
Original signed: :. s Levy, "a shares
II. b. Turner, % shares; A. ]. Guesnon,
share Witnesses Zachary Adler, L. 4
| Tabary.
| CHARLES ROSEN,
| (Seal) Notary Public
| |. the undersigned recorder of mortgage
| in and for the parish OF Orleans, state o
| Louisiana, do hereby certify that the abOv,
| and foregoing act of Incorporation Of tn
Red Gum Lumber Company was this da,
| duly recorded in my Office, in book loss
| folio -. New Orleans, March 25th. 1913.
| (Signedl EMILE LEONARD, by. II.
l hereby certify that the above and fore
| going is true and correct copy of the orig
inal on file and of record In my office IL
| this city.
Witness my hand and seal Of Office thi!
| 25th day OF March, 1913
CHARLES ROSEN.
(SeaD Notary Public
march % apr 10 II "a may