The herald. [volume] (New Orleans, La.) 1905-1953, 1913-12-18

cised by, a board OF directors, to be com
posed of not less than five 90 nor more than
eleven stockholders a majority Of the num-
Der elected constituting quorum for the
transaction OF the business OF the corpora
tiOn. The first board OF directors shall be
composed Of f. c. Bautovlch, Dave POkOrny,
EldOn $. Lazarus, Walter Parker, Frank Net
to. Archibald A. Marx, NJ. Z. BOuslog, Al. A.
ROsenbuch, G. II. willard and Meyer Else
man The officers OF the first board OF d.
rectOrs shall be: +. G. Bautoyich, president;
Dave PokOrny, Ce-preSident, and Eldon y.
lazarus, secretary treasurer, and the said
board OF directors and said officers shall
serve and remain In once until the second
Monday in December. 1914, on which day.
and annually thereafter, the board OF direc-
tors shall be elected by the stockholders
at meeting called for that purpose All
directors and officers shall hold Office until
their successors are elected and qualified,
and any failure to elect directors shall not
be regarded as forfeiture OF this charter.
In the election OF directors, each stock
holder shall be entitled to one vote for each
share OF stock owned by him, and may be
cast either In person or by duly authorized
proxy; and a majority OF the votes cast
shall elect. Any vacancy occurring In the
board of directors may be filled by the re-
naming directors for the uneXpred term
At the first meeting OF the directors, after
their election and qualification. they shall
elect from among their own number pres-
dent, vice-presldent and secretary-treas-
urer.
ARTICLE vI.-An meetings OF the stock
holders shall be called by written notice
mailed to the last known address OF each
stakeholder, not less than thirty days be-
fore the date fixed for such meeting. unless
said notice has been waived in writing by
the stockholders.
| ARTICLE VII.-This act OF INCORPORATION
may be amended modified, changed or al
| tered, or this corporation may be dissolved
with the consent Of the stockholders holding
and owning three-fOurths OF the capital
stock hereof, who may be present or repre-
sented at general meeting Of the stock
| holders hat ~ tuhf oh
due notice has been given.
| Whenever this corporation shall be dis
solved, either by limitation or from any
other cause, its affairs shall be liquldated by
three CD commissioners TO be appointed for
that purpose from among the stockholders,
at a meeting OF the stockholders convened
for that purpose; said commissioners shall
remain in office until the affairs Of said cor
lpOratiOn shall be fully and finally lIquida ted.
Any vacancy occurring among the liquida tors
from any cause whatsoever, shall De filed
by the remaining commissioners.
| ARTICLE VIII.-NO stakeholder shall
ever be liable or responsible for the contracts
or faults OF this corporation in any further
sum than the unpaid ba lance due by him on
the shares OF stock subscribed 10, or owned
by. him (; nor shall any mere informally in
the organization OF this corporation have
the effect Of rendering the charter null, or OF
exposing any stakeholder TO any further la
lbillty than the unpaid amount which may
be due on his stock subscription.
The list Of stockholders hereuntO annexed
ohdil otANt as Tue IiSllidl buDNCIlDllOu llSL
OF this corporation.
Thus done and passed In my nOtarlal Of
fee, In the city Of New Orleans In the pres
ience Of John l.. FOrcoran and Otto +. IIasen-
Ikampf, competent witnesses OF lawful age
and residents Of this city and parish, who
have hereuntO subscribed their names to-
gether with the said appearcrs and me. no.
tary, after due reading OF the whole.
(Original signed Original signers, JnO.
L. CorcOran, Otto T. Hasenkampf
III. MICHEL. Not. Pub.
I, the undersigned, recorder Of mortgages
In and for the parish OF Orleans. state Of
Louisiana, do hereby certify that the fore
going act OF Incorporation OF the Rosemary
Park improvement Company was this day
duly recorded in my office, In book 11l9
folio --.
New Orleans, La, December Sth 1913.
(SignedJ EMILE J. LEONARD ID. II.
State OF Louisiana,
Parish OF Orleans.
!. the undersigned notary. do hereby Ger
! tify the above to be a true and correct copy
Of the act OF Incorporation OF the Rosemary
Park Improvement Company, passed before
, me on the Sth day OF December. 1913, TO
gether with the certificate OF the recorder
] OF mortgages for the parish Of Orleans there.
5 unto attached
; In faith whereof, witness my hand and
seal this 9th day OF December, 1913.
(Signed) II. MICHEL, Not. Pub.
: dec II is IS jan Is 1914