The herald. [volume] (New Orleans, La.) 1905-1953, 1913-03-20

and must be fully paid before the issuance
Of the certificate therefor, and snail be non
aSsesSable.
certificates transferable only on the books
of the company, on the surrender OF the out
standing certificate, or due proof of loss; ..
Before any stock can be transferred II
must be first offered in writing and at Its
book value TO the board of directors of the
company, who shall have the option OF pur-
chasing same at the said book value at the
time the said stock is offered; and should
the directors fail to make the purchase or
the said stock within sixty (6O) days from
the time of offer, then the holder and 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 &C
cordance with the laws of the state OF Lou
isiana.
The officers of this corporation shall con-
sist of a president, a vice-president and a
secretary-treasurer, all of whom together
shall constitute a board OF directors, two
Of whom shall constitute quorum LOT Ine
transaction of business, and all corporate
powers shall be vested in and exercised by
this said board OF directors.
The first board of directors shall consist
of John +. Rodgers as president, Miss Cath
crime Rodgers as vice-president, and Andrew
l., Saxon, as secretary-treasurer; who shall
serve until their successors are duly elected
and qualified, on the second Tuesday In
March, 1914.
| The said board of directors shall be elect
| ed annually thereafter on the second Tues
day OF March of each year, or as soon tnere-
| after as possible, at stockholders meet
ing convened for that purpose.
| Each share Of stock shall be entitled 10
| one vote. TO be cast by the stakeholder, either
| in person or by proxy. The majority or the
stockholders. or stock present, or represented
for the election Of the board Of directors
shall be preceded by ten UO) days notice
mailed to each stakeholder to attend said
meeting.
i No stakeholder shall ever be liable or re
| sponsible for the contracts or faults or TINS
corporation, nor shall any mere informally
in organization have the effect OF rendering
holder to any liability beyond the amount
due on his capital stock;
This act Of incorporation may be changed
| altered or modified, or the corporation ma!
be dissolved, with the assent OF three fourth
. Of the stock represented at a special meet
: ing called for that purpose, after Its oh
iects have been made known by ten 10
days previous notice in writing, delivered o
: mailed to each stakeholder, and upon com
. plying with the laws Of the state OF Louisi
= ana. Whenever the corporation Is dissolved
D its affairs shall be liquidated by two commits
: sioners appointed from the stockholders b
: the board Of directors.
: Thus done and passed in my Office In tn
c city of New Orleans, LOUISIANA, on the Gay
I month and year first above written, In tn
: presence of N. Lowengardt and VIM. ]. Fit
e gerald, competent witnesses, who hereunt
sign their names with the said appearers an
me. notary, after due reading Of the who'll
e Originally signed John f. Rodgers,
t shares; Catherine Rodgers, shares; A.
: Saxon, 30 shares.
= witnesses NJ. Lowengardt, VIM. ]. Fit
l. gerald.
Il /, the undersigned recorder of mortgag
5 In and for the parish of Orleans, state
,e Louisiana, do hereby certify that the abol
e and foregoing act of Incorporation OF Il
D. Rodgers Company was this day duly recor
d ed in my Office in book loss, folio :.
IS New Orleans, Parish of Orleans, State
r Louisiana, this oath day OF February, 191
s. EMILE LEONARD, Deputy Recorde
= I hereby certify that the above and fol-
n going is a true and correct copy OF the orr
of inal charter Of the Rodgers Company, al
y the certificate OF the recorder of mortgag
er for the parish Of Orleans, state of Loui
ana, as per said original on file In my r
tarial office in the city Of New Orleans, 1
be New Orleans, La, Feb. "a, 1913.
r. LYLE SAXON, Notary Public.
Id feb 81 march 6 10 20 q apr