The herald., 1914-01-29

| and generally to deal IN springs ana ihh''
tresses OF every hi"d "..t 60. ....; ~
struct, maintain and operate 'lst'rles, wg"L.,i
| lumber yards, oihceS bta',a 'l..I - ava
other buildings es.So.''"'I..'s l,- -, - o.
planes, either IN thls S'''e W 1.N-"'l - Il
| NAV be necessary, convenient or Ie'.'.u
Droner for the prosecution ~ It' business g
| make and establish sueh hy'+'"9 1.'G -,
| ,;1rs Tor the proper management ard rtSa.t-
| - - rs affairs as may he necessary anA
| nr,urr and the same 20 amend, -hAhse' A'..
| or repeal at pleasure, and SeEefl''N 70 u. ."
| such other and further Things as may 'y
| go mr. incident 20 the conduct y the 3As'
| mss herein contemplated.
| A-,:-Is IV-The capital stock II TINS cor
,orarion IS fixed at the sum ut twcn,'.IN9
| ,Lo,Isard ts2SDuO0I dollars, 10 bc divided
| INTO tv,o hundred and ttty l-9vl sSAI's 'l
the par value OF one hundred 3Sto' 'r'-S u','S.S
| Zach which shares shall be Iai1 log }" 1'sn
! ~ sYch time aud IN such manner as 'Ag
90 oo''' nav he issued by the board u duoc-
- ~, r,.vIDtrt OF property or other things 'r-
| c.,ysJ or pl~chlsed by said corporation, or
lar labor done or services rendered as nay
lie determined By ITS sa'd Oo"iH Oh -''''
tors
| Tn. c,-rlratiou NAV commence tie trans
,rtio,r of business uuder It's Cnrpot.ir iAiAg
- 80, a. three thousand lSSlpu' ll.aiN ~ !
a. 80 s,I s,.rk Shall have been subscribed |
- I.-.irrates OF stock fully paid ana N'I- |
las,e.s,lIe shall be issued to each sUHs'ii''F |
. | o. ,b. amount paia by h,m OF II therefor.
IT. ".-,,r,f sfo.L Of this corporation r.ay |
H. ,rrr,ts,d or diminished upon comply *
U,i,b the laws Of the state OF Louisiana T''s
- ~ the altering OF the capital stock oi
/ 'NS ". " -
! k-,Irlr N-Certiteatcs l. OF the capita. ~la-H
= sL.u he executed by the president ana t''
! serrr,ary under the seal OF the coTp'Taiia'',
SS'''.", = 80. b,U he issued until the capita.
4 - evidenced thereby shall be fully Pait.
: Csr,,..-stes Of stock shall be transferred on
, ,he b.,L. oi the company under such FNics
~. ,.' .L. L,,rd ,f directors shall determine. No
y ,,@@I'gr ,,,I The same shall be registered on the
= | ',,.-,,,,'s hacks No transfer or sale OF STOCK
: III ~ .r,Tr bv auv togkholtcr until The
u u ,-.,l,r shall have been offered the same
: -, Su' PritiDg and shall have refused TO p1T'
?. | -, tra -a-1r The c0rI0s alton shall nave
= - -, r,,L- 70 purchase AZ ats book value
; ''.' '--,.i nm The books OF the company all
4. S,,rk otcfed Tor sale, which option 20 pnT-
>. | - in favor of the company shall exist l1r
e 80 a.la.J - fftcru Us, davs after said stock
). IN LIve becn offered in writing 20 the cor
Ia-,t;nn -, as being for sale.
- PArti,ie VI-AlI the corporate power Of tins
- H''rgl.-.r IA The management and control
- - -, ,,Ta;rs shall be vested in and exercised
IN Iv a board OF directors composed OF not Les3 ,'
-. I'll r,r,st,tute A quorum for the transaction
~ - su bI,iucss. but the stockholders may al
~ ray,IIar or called meetings increase TINS mum
~ 80 NJ directors as they may see mt, or they
n may GGCsTI ,se,iSgs 10 sny number as may be
5e decred IT by them, but they may not dc
crease una. n ali be elected annually by the
" y, u,aCLb,Iders A. a meeting to be held on the
Ii second Wednesday Of each year IN the month
''' - TaIrs-v. said meeting to be preceded by
- o,ritten notice to the stockholders
Ea-b et "' 's,ockbolder shall be entitled, in per,
son or by proxy, to a vote for every share o.
" sot' % ,5y,aiJ ~ Nv him and all elections shall
he held under such rules and regulations as
~ Le determined by the board Of directors
A. such meetings all questions other thar
~ r,,,ire shall be decided by majority o
- s,cL rrcsent or represented at such meet
~ ;
Is The directors when elected shall continue
\ herr
Ze sors have been duly elected and have quaii
81 No failure to elect shall operate IN
forfeiture OF this ch9rer Any eiiHJ yasJan66y 6y tS GS
board of directors Tor the unexpired term In
Gp I0arJ Of directors shall, at the first meetIn
ce after it's election, elect out OF its number
lIy Psa+N.r ,rd also a secretary-treas surer.
- T,nrSedisteIv after the signing of this cha
Do he Stockholders shall without furtht
w for,,naIitv elect a board OF directors. who sha
:. 80 mill the election to be held in 1915
lIS hrticIe NII-The funds of this cOrporato
Shan De 30 he selected by the board
J;reC,0rs All checks notes, contracts
0tber Instruments drawn executed issue
- The cornoration's name and behalf sha
ha s;Sred bv at least two officers of the co
al Doration. .,
10 officer shall thus sign or endorse q
=, name OF the cofPo' a'io" saw
- kTticir VIII.-No stockholder shall be lab
III or resnonsible for contracts, faults or deb
l,f he
=. m,I;Tv in its organization have the effect
iu- rendering the charter null or of exposing ar
of stocLboIder 10 liability beyond the unps
, -, baIance due on the shares owned by him.
il Article IX-This act of incorporation m;
the he changed, modified or altered or the co
.i De So, he d;ssolved with the assent
he stockholders owning three-fourths OF q
meeting convened for this purpose and aft
4, | ar least ten DAYS written notice of this NEE
ing shall have been gwen througn tne II, u.
ION addressed TO each stocKhoiqef at ms, ms ~;
known place OF residence, as lelt Oy ",in AZ
the secretary-treasurer. IN Sase Vi uo ~.
ton by expiration, OF thls ChaItei Ce u ", 0.' ~
wise, the stockholders shalI eIeSt tO, LI ha
Irp own number three li9uldat9rs, VINO sn1i az Il,
YIN full authority to settle ana vino up sne - y.
mess and affairs OF the company. tnG n,;o,' ..'
ana and conditions are tnat lhe com .;.
such services shaii De nHeu d 'ie 'i'i'e
d the the election OF SAID llquidatois: ,, go
.an6 In case OF the death OF lhapiIfy Vi any 20
red. commissioner or lquiudtof n-,ora,;on
mis-. dation OF me analIs ot '~ ~ ba snnoin,
of sueeeSsOi i.thdIJe-s ~
ling, oy lne .eISIJeTs bv unanimous consent