The herald., 1914-09-03

!
ana, and particularly Of Act No. 254 OF the
! general assembly OF the state Of Louisiana
! for the year 1914 they have Covcuanted and
/ agreed and do, by these presents, covenant,
/ agree, bird. form and constitute themselves,
| a. we'll Is such other persons AS may here
after JOIN or become associated with them
| into q corporation and body plltIC IN law
/ for the objects and purpose, and under the
! agreements and stipulation, following, to-
wit:
! ARTICE The name and style Of this
| corporation shall be the EUREKA RIFLE
| Gil Il, and under that name II shall have
/ and enjoy all the rights, advantages and PRIV
! ilcgcS granted by law TO corporations; II shall
/ exist for "a period o. ninety nine years from
I the date hereof; II shall have power to con-
! tract, and be sued III its corporate name :;
| To- make and use a corporate seal, and the
same To- break alter at pleasure; to hold.
| receive, purchase. convey, mortgage hyp0the-
| cate or pledge property, real, personal or
mixed: 10 issue bonds, notes and other obj
/ cations, 70 have and employ such managers,
| directors, officers, agents and other employees
/ As the interest and convenience Of SAID Curpo-
| ration may require or demand; and TO make
| and establish such bylaws, rules and regtlla-
| tons Tor the corporate management and con-.
| troll Of the business and affairs Of SAID corpo-
! ration as may be deemed Necessary or eNpedi-
ARTICLE 1.-The domicile OF said corpo.
ration shall be at No. 722 MdTigny street, IN
I the city Of New Orleans, state OF Louisiana,
and all citations and other legal process shall
be served on the active president and in his
absence on the viCe-preSident Of said corpo-
ration. In the event of the absence of BON
Of said officers, then said process shall be
served on the secretary of said corporation.
ARTICLE IIl.-The objects and purposes
COR which this corporation Is organized are
hereby declared to be: the establishment OF
rifle club the erection Of ranges and the mann
tenance OF proper rooms wherein the members
can meet; to establish and maintain library
wherein the periodicals OF the day, together
with such other books, papers and charts shall
at all times be At the disposal OF the members
and generally to promote a good fellowship
among the members Of the corporation.
ARTICLE IN.-Ihe capital stock OF this
corporation i hereby fixed at the of
three thousand, hve hundred (S3,5OOOO) dol
lars, divided into thrty-hve 1851 shares of
the par value OF one hundred (Sl000O) dollars,
each, which shall be paid for IN cash on the
call OF the board of directors, or may be is
sued at not less than par for services Tend-
cred To or property actually purchased by
said corporation.
All shares of stock shall be full paid and
non assessable. No transfer OF stock shall be
binding upon the corporation unless made up
its books and all certificates of stock shall
be signed by the president and the recording
secretary OF this corporation.
ARTICLE N.-The officers OF this corpora
ton shall consist of one or more honorary
presidents, active president, more
vlCe-prcsidents, recording secretary, imam
cial secretary, a treasurer, a collector, cap
tain, one or more lieutenants and five direc-
tors
ARTICLE VI.-The corporate powers of this
corporation shall be vested in and the man
agement and control of its business and al
fairs shall be exercised by board of direc-
oTS composed OF the president, recording SeCre-
tary, treasurer, captain and five directors, a
majority of whom shall constitute quorum
for the transaction OF all business. The drec
tors and officers hereinabove provided for shall
be elected annually on the first Monday of
the month of September of each year, by bal
lot of all the holders of the capital stock of
the corporation. Each holder OF said stock
Gla all ha flah hNF ton
proxy to one vote, and all elections shall be
held under such rules and regulations may
be determined by the board of directors, but
after at least ten days notice of such meet
ing shall have been given to all holders of
said stock, in writing, sent to his last known
address or by publication in one of the daily
newspapers published in the English language
IN the city of New Orleans for at least ten
days preceding such meeting. The directors
thus elected shall continue in Office for one
year until their successors shall have been
duly elected and qualified. No failure to hold
an election shall be regarded as forfeiture
OF this charter. Any vacancy occurring on
said board of directors shall be filled by the
remaining directors for the unexpired term.
ARTICLE Nll.-No members of this corpo-
ration shall ever be held liable or responsible
for the contracts, faults or debts of said COR
poration, nor shall any mere informality in its
organization have the effect of rendering this
charter null or of exposing a member to any
liability beyond the unpaid balance that may
be due on the shares of stock owned by him
or for any amounts that may be owing for
amounts levied dues or otherwise.
ARTICLE VIII.-Ths corporation shall not
be dissolved as long as the holders of the
capital stock of this corporation, in good
standing on the books of the corporation, shall
remain attached thereto, and object to such
dissolution.
ARTICLE IX.-Ths act of Incorporation
may be changed, modified or altered, with the
assent of the holders of three fourths of the
total capital stock of this corporation concur
ring at meeting called for that purpose after
notice shall have been given in the manner
and form as prescribed in Article vi of this
act OF Incorporation. In case of the diSsolu-
ton of this corporation by the expiration of
its charter or otherwise, its business and af-
fairs shall be liquidated by three commission
ers or liqudators to be elected from among
the holders of the capital stock in good stand
ing at such meeting shall decide upon said
dissolution, who shall have full power and
authority to settle and wind up the business
and affairs of this corporation, and after the
payment OF all Liabilities, distribute the bal
ance then remaining to the holders and own
ers OF the capital stock of this corporation.
In the event OF the death or inability of any
of said commissioners or liduidators the sur
vIvor or survivors shall appoint successor or
successors to him or them.
ARTICLE X.-The said board of directors
shall at its first meeting after its election,
elect from among its number a president a
recording secretary, a treasurer and a cap
tain, and proceed to the appointment of such
honorary presidents, vice presidents, financial
secretary, collector lieutenants and such sther
employees. of the corporation as conditions
may justify or the business of the corporal on
may require. The tenure of Office of all OH
GERS or employees who are not stockholders or
members of the board of directors shall b
tors.
ARTICLE XI.-The corporation, snail have
the right and privilege of having two classes
OF membership, viz: the holScrs Of the capital
stock and those entitledt0 membership by the
payment OF such dues as may be assessed by
the board OF directors. The hlders of the cap
ltai stock OF this corporation shall have the
power to vote all questions submitted at
any meeting of the corporation, in person or
by written proxy. Those members entitled to
membership by the payment of dues shall not
be entitled to any voting powers whatever.
ARTICLE XI1.-No members of this corpor.
alton shall be entitled to more than one vote
at any meetings of this corporation, irrespect.
i've of the number of shares held or owned
by him.
ARTICLE XIII.-No holder of the capital
stock OF this corporation shall sell or in any
manner dispose of any of the stock thereof.