The herald., 1913-06-19

ter. who shall then and there proceed to
transact the business of this company.
II, after all or a part Of the preferred
stock heerin authorized, shall have been is
sued it shall happen that the dividends on
said preferred stock shall not have been
paid during two successive years, then the
holders of the preferred stock shall elect
four C4) directors, and the holders OF the
common stock shall elect two % directors.
ANY vacancy occurring among the direc-
tors by reason OF death, resignation or Tor
any other cause, shall be filled by election
Tor the remainder of the term Of the board
by the other directors. 4 failure TO elect
directors on the date above provided. shall
not operate TO dissolve the corporation or
70 affect its corporate existence. ana the
directors then In Office shall continue until
their successors are duly elected and quail
fed. and shall cause another election TO be
held bv the stockholders as soon Is possible
thereafter, after ten days notice Thereon
shall have been given in writing 10 each
stakeholder.
The officers Of this corporation shall be
a president, first vice president second vice
president and secretary
Article NI-ShOud any stakeholder
either OF the preferred or common stock, de
sire 10 sell his stock. he shall first offer the
same 10 the other stockholders or the com,
pany through the board Of directors thereon
or anv Of them fail or refuse 10 purcha 81
the stock thus offered for sale, within hyt
DAVIS after such Offer shall have been made
in writing. then such stock may be sold "a
any one.
10 transfer OF stock shall be made or be
binding on the corporation. unless made on
the books Of the company and pursuant tC
the provisions Of this charter.
Article VII.-Wheneycr this corporation
shall be- dissolved either by limitation or Tor
any other cause its affairs shall be lqul
dared by three commissioners 10 he appoint
| ed from amongst the StockhoIders' at
| general meeting Of the stockholders con
venrd for such purpose, of which meeiln-
notice shall be given for ten days. by writ
/ ten notice sent BY registered mail 10 edcl
| registered holder of the preferred and com
| mon stock, and by publication in at leaS
! one newspaper In the city of New Orlrah
| during such time. \ majority in amount o
| the capital stock OF said company repre-
Sented al such meeting shall be sufficient L
| elect such commissioners.
| Article NlII.-ThiS act of incorporation
NAV be changed modified or altered, or SAT-
| corporation may be dissolved with the a.
| sent of the majority OF the capita! Stoc
| represented at a general meeting ID the pre-
! ferrcd and common stockholders. convene
| for such purpose, and after u written notlc
| 10 each stakeholder, sent by registered ma
at least ten days prior TO the date Of IN
meeting.
Doration shall be liable for contracts .
faults Of said corporation in any furtAe
sum than the unpaid balance due on hi
subscription to the capital stock thereof
nor shall any mere infOrmallty IN the Oh
ganzation of this corporation have the eI
feet of rendering this charter null, or q
exposing any of the stockholders thereof I
any liability beyond such unpaid amount dG
On his subscription TO stock.
| Article N.-The first board Of directors q
this corporation shall consist Of Marc,
| KrausS Arthur J. krau>S, Lee krauSS an
| Alexander krauSS, and they shall serve unit
the first Monday of April, 1914, tOSelht
with the two directors who may be electe
by the subscribers 10 the preferred stoci
| as hereinbefOre provided. As soon as an
of such preferred stock shall have been !
| sued, it shall be competent FOR the stoci
holders thereof TO elect the two directors 10
the first year ut a meeting Of all the pr
, ferred stockholders TO be called after te
days notice in writing by registered ma
TO each of said preferred stockholders.
| The present officers of the corporate
shall be Marcel KrauSS, president; Arthur
krauss, first vice president; Lee hrausS, Sc
I ond vice president, and Alexander kraus
secretary treasurer, and they shall serve III
til their successors shall nave been duI
elected and qualihed as herelnoetore spec
tically provided
} Thus done and passed at my office in II
city of New Orleans, on the day, month an
! year herein first above written, in the pre-
ence Of Eldon =. Lazarus and John L. co
. cOran, competent witnesses, who have her
; unto signed their names with the said a.
d. bearers and me, notary, after due readlr
of the whole.
D Original signed VI. KrausS, 100 shares
!. A. J. Krauss, $50 shares; L. krauSs, o.
! shares \. Krauxx, 100 shares (; ]. @. Swar
1 child, per III. l.. Lazarus, 800 shares Edo
= 5. Lazarus, Jno. l.. Corcoran.
4 ii. MICHEL, Not. Pub.
e l. the undersigned recorder Of mortgage
in and for the parish Of Orleans, state
, Louisiana, do hereby certify that the abo1
and foregoing act of incorporation of Il
+ Krauss Bros. Lumber Co. was THIS day T
|, corded In my office, in book loss, folio 40
: New Orleans, May nth. 1913.
(Signed) EMILE LEONARD, ID. r.
t I. the undersigned notary public, do her
: by certify that the above and foregoing, [
gether with the certificate of the recorder
Il mortgages in and for the parish OF Orlear
l. is a true and correct copy OF the charter
( the KrauSs Brothers Lumber Company, Z
e original of which is on file In my notar!
Il office.
h In faith whereof witness my hand al
II seal, this Goth day of May. 1913.
q II. MICHEL, Not. Pub.
Ii may - june IL 10 % july