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

shall hold over until their successors are
chosen and qualified. ~,
The board of directors shall have full
power and authority TO MI vacancies IN
or otherwise The said board Is further
authorized TO frame and adopt such Dy-
laws, rules and regulations as the hHdFs
and business Of the company may require,
and 1t may deem necessary for the conduct
ing and management thereof, provided the
same does not conflict with this charter, ana
the laws OF the state Of Louisiana, and those
of the United States.
ARTICLE V.
This charter may be amended. moilned
or altered or this corporation dissolved, at
a general meeting of the stockholders con,
vened for that purpose. with the assent or
the majority of the stock which may be
issued, present or represented nj such meet
ing. Thirty days notice by mall snail De
I given OF such meeting; in case OF dlsSOlu-
! ton or termination of this corporation, the
! liquidation Of its affairs shall be conducted
| by three commissioners selected In like man
! ner and by like vote and assent at meeting
purpose.
| No stakeholder shall ever be liable or re-
sponsible for the debts, contracts or faults
Of this corporation for any further sum
| than the unpaid balance due on the shares
Of stock subscribed for or owned by him !;
nor shall any infOrmality In the organiza-
+ ton have the effect OF rendering this char
Ter null, OF OF SApOSluS SlONhnblutA " any
liability beyond the amount OF the unpaid
balance on his subscription TO the stock.
ARTICLE VII
should any stakeholder or stock-owner
desire to sell or dispose OF all or any part
of said stock or relinquish his interest in
the corporation or desire 10 terminate or
dissolve the same. he shall first tender such
stock for purchase to the other stockholders
and the other stockholders shall have the
preferred right for sixty days TO purchase
the stock so rendered at the price shown by
the books of the company. All stock issued
or TO be issued shall be subject to the fore
, going provision.
ARTICLE VIII.
The capital stock of this corporation may
be increased or decreased on complying with
the requirements of the law, and with such
bylaws as may be consistent with the law,
as may be hereafter adopted by the board
ARTICLE TX
This corporation shall be a going concern
: and be authorized to do business under this
charter as soon as the sum Of five thousand
dollars (S5, 000.00) shall be subscribed for
Thus done and passed in my Office on the
day and date. first above written, In the
presence of Messrs. I. 4. Schuber and VII
liam ConkertOn, both competent witnesses
domiciliated in this city. who signed thee:
i presents together with the said parties anC
me- notary. after due reading OF the
= whole the parties heerto also affixing oppo
: site their names their respective subscrip
D lions TO the capital stock of this corpora
scription list of stock subscribed in this
S corporation.
! Original signed: Names of subscribers.
I Witnesses L. \. Schuber, VIM. Con
Y EDGAR NJ. Calm. Not Pub.
S State Of Louisiana, Parish of Orleans.
/ !, the undersigned, recorder of mortgage
4 of the parish of Orleans aforesaid, do here
S by certify that the above and foregoing &C
: Of Incorporation OF the Union Fruit Auc
o ton Co. was this day recorded in my otic
in book 10SS, folio -.
e Witness my hand and official seal thi
II day of April, 1913.
n (Signed) EMILE LEONARD, by. r.
; |, the undersigned, do hereby certify tina
y the foregoing is a true and correct copy o
4; the act of Incorporation and certificate o
s the recorder of mortgages thereto attached
d OF the Union Fruit Auction Co., with tn
l. exception OF the subscribers whose name
J. and subscriptions are omitted.
New Orleans, La, April /, 1913.
e EDGAR VI. Calm,
d (SeaD Not Pub.
y apr 10 II "a may s. 1913