The herald. [volume] (New Orleans, La.) 1905-1953, 1913-04-17
ARTIM Z Y

All the corporate powers of this company
shall be vested in, and the management and
exercised by board OF directors to be com:
posed of five stockholders, majority OF
whom shall constitute a quorum for the
transaction of all business: The directors
shall be elected annually, by ballot of the
stockholders, on the second Tuesday In
March Of each year. Each stakeholder shall
be entitled in person or by written proxy to
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 of directors,
but, after at least ten days notice shall
have been given to each stakeholder 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 filled by the
remaining directors for the unexpired term.
Said board of directors shall, at its first
meeting after its election, elect from among
IFS number a president. vice-president, sec
rotary and treasurer. 1t may combine the
two last mentioned offices into one, and may
even elect secretary who need not be a
also have the right and power to combine
the office Of the president and secretary
treasurer. Said board Of directors shall
have the right to appoint and dismiss such
clerks. managers and other employees Of
the corporation, including the secretary who
Is not a stakeholder, as conditions may JUS
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 or
debts OF this corporation, nor shall any
mere informality In its organization have
the effect of rendering this charter null or
Of exposing a stakeholder to any liability
beyond the unpaid balance due on the shares
OF stock owned by hms
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 stock
OF the corporation, at a general meeting
convened for that purpose after notice shall
have been given to each stakeholder as pro-
vided for in Article V of this act OF incor-
poration In case Of the dissolution by the
expiration Of this charter or otherwise, the
stockholders shall elect three liquidators
settle the business and affairs of the COM
pany. In case of the death or inability OF
any OF said commissioners, the survivor or
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 Paul
Conrad, r. f. de los Reyes, NJ. Paul Julian.
Frederick Burt and Charles Carmouche, with
the said Paul Conrad as president and sec
rotary treasurer, and the said Frederick
Burt as vice-president and general manager.
Thus done and passed at my Office in the
city of New Orleans, on the day, month and
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 with
the said appearers and me, notary, after due
reading of the whole.
tOriginal signed) Paul Conrad, 6 shares
ptrf q Shor
8 shares NJ. p. Julian. 9 shares r. E. de
los Reyes, 6 shares. 7. A. Beck, John z.
Cazale. ROBERT LEGIER, Not. Pub.
I, the undersigned recorder of mortgages
in and for the parish Of Orleans, state OF
Louisiana, do hereby certify that the above
and foregoing act of Incorporation Of the
Standard Remedy Company, Incorporated.
was this day duly recorded in my Office In
New Orleans, La. March 10th, 1913.
(Signed) EMILE LEONARD, ID. r.
"A true copy from the original act
ROBERT LEGIER, Not. Pub.
inch 20 % apl 10 II "a 1913