The herald., 1914-01-15

| posed of stockholders, two of whom shall con-
stitute quorum for transacting all business.
| The board of directors shall be vested with
| full power and authority to make all contracts,
| purchases and sales, and adopt all bylaws,
rules, regulations for the government of the
| business and affairs OF the company and to
! alter, amend and change the same at pleas
ure; appoint, hire, and discharge all officers,
agents and emloypees, FIX all salaries and
generally do and perform all things necessary
81 the transaction OF the business and affairs
! of the company. Any vacancy occurring in
said board shall be filled by the stockholders
| in the manner as provided for in the election
! of directors.
The first board Of directors of this corpor-
alton shall consist of Nathan Orsher, Saul
| kronengod and John Flint Carter, Jr. On
the second Tuesday in January, 1914. the board
OF directors will duly elect president, vice
president and secretaTy-treasuTer; and until
such election any of the above directors shall
! be the proper officers upon whom citation or
other legal process may be served
On the second Tuesday in January, 1915,
and annually thereafter, election for d-
rectors shall be held at the office of the COM
pany, and the directors then elected shall
take their seats Immediately and shall hold
office until their successors are duly elected
and qualified. Each board shall elect its
own officers, which shall consist of a pres-
dent, vice-president, and a secretary-treas-
ureT
| All corporate elections shall be by ballot,
| and majority of the votes cast shall elect,
| and each share of stock shall be entitled TO
one vote either in person or by proxy.
| Written notice OF elections shall be given
| to each stockholder by the secretary treas
urer at least 10 days prior to elections.
Article V.-This act of Incorporation may
be changed, altered, or modified or this cor
poration dissolved, with the assent OF three
fourths OF the stock present or represented
| al any general meeting of the stockholders
convened for that purpose after thirty days
prior notice Of such meeting shall have been
given by publication in of the newspa-
pers published in the city of New Orleans by
publications during nd
changes as may be made in reference to the
capital stock shall require in addition 10
days notice in writing to each stakeholder.
| Article VL-Whenever this corporation is
dissolved, either by Limitation of its charter
or from any cause, its affairs shall be lqu-
dated by three liquidators to be appointed
from among the stockholders at a meeting of
the stockholders convened for that purpose
| after 10 days prior notice shall have been
given by the secretary TO each stakeholder.
] Said liquidators shall remain in office until
| the affairs OF said corporation shall have been
! fully hquidated. In case of the death of
any liquidatOr, the survivors shall continue
! to act.
Article VII--No stockholder of this corpo.
ration shall ever be held liable or responsible
| for the contracts faults thereof in any fur
ther sum than the unpaid balance due to the
corporation on the shares owned by him, nor
shall any mere informality in organization
have the effect of rendering this charter NULL
nor OF exposing stockholder to any liability
| beyond the amount of his stock.
/ The subscribers hereto have each written
| opposite their names the number of shares
| subscribed for, so that this act may also
| serve as the original subscription list
| Thus done and passed at my Office in the
! city of New Orleans, Louisiana, in the pres
ence OF Enola Murphy and Louis Sevestre
competent witnesses of lawful age and resid.
| ing in this city, who have signed their names
| hereuntO, together with said appearers and
me, notary, after due reading OF the whole.
| (SignedD: n. Orsher, subscribed to Is shares;
J ). kronengold, subscribed to "a shares: ]. F.
Carter, Jr, subscribed to l share.
Witnesses: Enola Murphy, Louis Seyestre
w. NJ. HARMON, Not. Pub.
! State Of Louisiana. Parish of Orleans.
| /, the undersigned recorder of mortgages, in
and for the parish of Orleans, state Of Louisi-
! ana, do hereby certify that the above and
/ foregoing act of Incorporation of the 20. X.
Knitting Mills" Inc, was this day duly re-
| corded in my Office, in book ll19 folio 36S
! New Orleans, December 30, 1918.
(Signed): EMILE J. LEONARD, by. r.
| / hereby certify that the above and fore
going is true and correct copy Of the orig
inal charter OF incorporation OF the 20. K.
/ Knitting Mills, Inc.," together with certi-
/ scate of the recorder of mortgages for the
parish of Orleans, state of Louisiana, there
unto affixed, the whole on file and of record
4 in my notarial office, current records.
in faith whereof | hereunto afix my hand
and seal of Office this 3Oth day of December
| 1913 W. NJ HANNON Not Pub
jan IS % . feb S