The herald., 1914-10-08
THE HER AID

be increased shall be twenty five housant
(S25,0OOOO) dollars
No transfer Of stock shall be binding upon
this company unless made upon the books ot
the company. and no sale or other disposal OF
| SAID stock shall be valid unless first Offered
to the remaining stockholders OF this com.
pany Tor thirty days at PRICE not IN excess
OF the book value OF said stock on the date
OF such ofter; and all stock held or acquired
IN this corporation shall be subject 20 Tia
! provision OF the charter.
Article N.-Au the powers OF this corporation
shaN be vested III and the business and al
tdiTS OF the corporation managed by a bOa1d
OF, three directors. who shall be elected annu.
| ally At a meeting OF the stockholders on the
| IrSt Monday III September Of each year; the
hr't board i directors to serve for the first
year, or until their successors shall be elected
and qualified
The hrst board Of directors shall consist OF.
| Frank /: Namuc.s, New Orleans, La; Rob
| crt .. Harris. New CLEANS. La: Chester C.
/ Chapman, New Orleans, La; with Frank l.
! SamuciS as president; Chester C. Chapman
| "s N'cc-p president, and Robert O. Harris as
! secretary y-trtasurcr.
| All elections shall he by ballot n the Office
! OF the company. under the supervision OF two
/ commissioners to be appointed by the board
| OF directors. Notice OF such meeting shall be
/ gwen by the sce'ciary.trea suTer IN writing,
! delivered t. each st0CEhulder IN person OF
mailed 70 his last known address at least
rtieen days prior 10 such election but this
| notice may be waived by all the stockholders.
~ dll Nl'N tlcgiiufs ana at all meetings. Ol
| the siocNhaldrrs, every stoCkhoider shall be
entitled 10 one vote for each share Of stock
standing IN his name on the books OF the con-
] pauy at the date OF such election or meeting:
SAID votes 10 be east in person or by written
elect ' - - '''' '''' '"'' ''''''
! The failure to eject directors at the annual
meeting shall not dissolve or affect the cor
! operation nor impair IFS management IN any
respect, but the directors III office shall re
main IN Once until their successors are elect
ed and qualified. Each subsequent board Of
directors shall elect soon as possible after
their own election j president, a vice-pesi-
dvht ana SccTctaTy-trcaSurcr, and may grant
To each oifccr such power as they dem proper.
All vacancies IN the board for whatever
cause shall be filled by the remaining direc-
tors. Any member OF the board may appoint
any other director his proxy to act I'M his
place and stead at any meeting OF the board.
SAID corporation shall have the right to pur-
chase any business or businesses within the
objects and purposes Of this corporation and
70 pay therefor such price the board of
directors shall determine. The board Of di-
fectors may make and amend all necessary
bylaws tor the regulation OF the company.
Article NI.-This act of Incorporation NAV
be modified, changed or altered, or said cor.
pordtlon may be dissolved with the assent OF
two-thirds Of the capital stock outstanding at
meeting Of the stockholders convened for
that purpose and after fifteen days nstice has
been delivered in person or given by letter
mailed to the last known address Of each
by the unanimous consent OF all the stock
holders.
In case Of the dissolution Of the corpora.
tion its affairs shall be liquidated by two
mlssloners elected by the stockholders
Article vino stockholder shall ever be
held liable for the faults or contracts Of this
corporation IN any further sum than the un-
pad balance due to the corporation on the
shares owred by him; nor shall any mere
lniormality have the effect OF rendering the
charter null or Of exposing any Stockholder to
any liability beyond the unpaid balance due
on his stock.
The subscribers hereto have respectively
written opposite their names the amount of
stock subscribed by them IN this corporation.
SO that this act Of incorporation may also
serve as the original subscription list of the
corporation, and they have stated their post
oftce addresses, SO as to conform with act
267 Of 1914.
Thus done and passed at my Office in the
city Of New Orleans, state of Louisiana, on
the day, month and year first hereinabOve
written, IN the presence OF Harry i. Prosdame !
and Clarence +. Moses, competent witnesses !
Of the age OF majority and residents of this |
city, who hereunto sign their names with said |
appeaers and me, notary, after reading Of the |
whole.
Original signed: Frank L. Samuels. New
Orleans La, 48 shares; R. o. Harris, New |
New Orleans, La, share.
Witnesses: Harry P. Prosdame, Clarence E. |
Moses.
/, the undersigned recorder OF mortgages.
in and for the parish of Orleans, state of /
Louisiana, do hereby certify that the above
and foregoing act of incorporation Of Repub- [
Ic Box Company, Inc, was this day duly re-
corded IN my othce. IN book ll2, folio =.
EMILE J. LEONARD, D. R.
sept 10 Il "a oct