The herald., 1914-03-12

The Board of Directors so elected shall Sc
lect from their own number the officers OF
the corporation. The officers shall be Pres
ident, a Vice President and Secretary, treas
urer The election of directors shall be by
ballot, and the person receiving the largest
number Of votes cast shall be declared elect
ed For electinE directors or for any other
purpose, each share OF stock, whether IN per
son or bv proxy, shall be entitled to one
vote and a majority OF the votes cast shall
be required 10 pass any resolution or DECIDE
any question submitted 10 the stocNhoIdeiS.
except for the alteration or amendment OF
this charter or the dissolution OF the coTpoT-
alton, as hereinafter provided.
The said Board OF Directors shall have
power and authority 20 make all necessary
rules and regulations for the management,
operation and control Of the business OF the
corporation. as well as to make all necessary
rules and bylaws, with power TO MI any
vacancy occurring in their number or any
vacancy occurring among the officers OF the
corporation; a majority OF the directors Vot-
ing at any one time, IN person or by proxy,
shall be required 10 pass any resolution or
adopt any bylaws and which, when 50
adopted. shall become valid corporate acts.
Article VI. Notice Of all meetings for stock
holders, for electlng directors; or tor any
other purpose, except as may be hereinafter
directed, shall be given, IN writing, by the
Secretary to be deposited IN the mail, at least
ten DAYS before such meeting, directed 10
each stakeholder at his last known address,
appearing on the books Of the corporation, un-
less said notice is waived in writing, by all
the stockholders appearing as such upon the
books.
Article VII. This act Of incorporation may
be modified added to, changed or amended
or this corporation may be dissolved by and
with the assent of the holders OF three
fOurths in amount OF ITS then outstanding
stock. given at a general meeting OF the
stockholders, to be convened after ten days
prior notice, to be given in one OF the daily
newspapers published in the City OF New
Orleans, IN addition TO the personal notice
To each stakeholder, as provided IN Article
VI OF this charter, and such changes as may
be made, IN reference to an increase or de
crease Of the capital stock shall be preceded
by such notices, delays and tormallties as by
law required.
In the event Of the dissolution of said cor
poratIon, either by limitation Of its charter,
or otherwise, its affairs shall be lIquldatcd
by three commissioners. to be appointed and
elected at a special meeting called TOR that
purpose, as above provided, and who snail
remain in Office until the affairs Of said cor
poration shall be fully liquidated; and, in
case Of the death OF one or more OF sdid
! liquidators. the survivors or survivor shall
! continue To act.
Article Viii No stakeholder shall be held
liable ~ responsible for the contracts faults
| OF this corporation, in any further sum than
| the unpaid balance due TO the corporation on
| the shares owned by him, nor shall any mere
/ iufornalIty IN organization have the erect OF
| rendering this charter null OF exposing a
| stakeholder TO liability beyond the amount
| OF his unpaid stock, II any.
! Thus done and passed, IN my office IN the
| City Of New Orleans, on the day, month and
/ year first hereinbefore written, in the pres
| eucc OF Burt ". Henry and Ashton Ducatcl
| competent witnesses. who hereunto sign theii
names, together with said appearers and ne
the notary, after a due reading Of the whole
| Witnesses: Burt ". Henry, Ashton Ducatel
Names Of Subscribers Omitted.
CHAS. F. FLETCHINGER, Not. Pub.
! l. the undersigned, Recorder OF Mortgage:
| in and for the Parish Of Orleans, State o.
, Louisiana, hereby certify that the above and
| foregoing Act OF Incorporation Of J. A. Majors
| Company was this day duly recorded in my
| ofhce in Book lll9, Folio =.
| New Orleans louisiana February 4, 1914.
| (Signed): EMILE LEONARD, ID. X.
| A True Copy:
| Ftb5-l2-l9 70 Mch5-l2