The herald. [volume] (New Orleans, La.) 1905-1953, 1914-09-24

, tors shall determine; and all stock shall be
paid for in labor done, or money % property
actually received, and at such tine as The
board OF directors shall determine
The amount TO which the capital stick NAV
be increased shall be twenty Svc thousand
CS250OO0O) dollars.
No transfer of stock shall lie sindiRg upon
this company unless made upon the books OF
the company, and no sale or othes d. sposal of
said stock shall be valid unless krst offered
TO the remaining stockholders Of this com.
pany Tor thirty days at price moi in excess
OF the book value of said stock 90 the date
of such offer; and all stock held or acquired
IN this corporation shall be subject to this
provision of the charter.
Article V.-All the powers Of this corporation
shall be vested in and the business and az.
fairs of the corporation managed by a board
OF three directors, who shall be elected annu-
ally az meeting of the stockholders on the
arst Monday IN September OF each year; the
hrst board of directors to serve for the first
year, or until their successors shall be elected
and qualified.
The first board of directors shah so0ss, Of:
Frank l. Samuels, New Orleans La; Rob
ert o. Harris, New CLEANS, La Chester c.
Chapman, New Orleans, La; with Frank l.
Samuels as president; Chester G. Chapman
as vice-president and Robert q Harris as
All elections shall be by ballot at the Office
OF the company, under the supervision of two
commissioners to be appointed by the board
OF directors. Notice of such meetilR shall be
given by the secretary treasurer ia writing
| delivered to each stakeholder in person or
| mailed to his last known address at least
| hiteen days PRIOR to such election but this
notice may be waived by all the stockholders.
AT all such elections and at all meetings. of
| the stockholders, every stakeholder shall be
entitled to one vote for each share Of stock
| standing IN his name on the books Of the com
| pany at the date of such election OF meeting;
| said votes to be cast in person CO by written
proxy, and majority of the votes east shall
| elect.
he g,,1,
| meeting shall not dissolve or affect the cor
| operation nor impair it's management in any
1 respect, but the directors in Office shall re-
\ main in office until their successors are elect
| ed and quallhed. Each SUBSEQUENT board of
! directors shall elect as soon as possible after
| their own election a president, a vce-pesi-
! dent and secretary-treasurer, and may grant
| 10 each ofhcer such power as they dem proper.
| All vacancies in the board for whatever
| cause shall be filled by the remaining drec-
| tors. Any member of the board may appoint
| 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
directors shall determine. The board Of di.
| rectors may make and amend all necessary
bylaws for the regulation of the company.
Article NI-This act Of incorporation may
be modified, changed or altered, OF said cor
poration 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 DAVIS netice has
+, been delivered in person or given by letter
mailed to the last known address OF each
stockholder. The said notice may be waived
| holders.
In case of the dissolution of The corpora
ton ITS affairs shall be liquidated By two
| commissioners elected by the sto-khoIdcry
Article VII.-No stakeholder shall ever be
! held liable for the faults or contracts Of this
corporation in any further sum than the IN
paid balance due TO the corporation on the
| shares owned by him; nor shall any mere
lnformality have the effect of rendering the
charter null or of exposing any stockholder to
any, liability beyond the unpaid balancc 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
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 hercinabove
written, IN the presence of Harry p ProsLame
and Clarence +. Moses, competent witnesses
OF the age OF majority and residents Of this
city, who heTeunto sign their names sith SAID
appeaers and me, notary, after reading q the
whole
Original signed: Frank L. samuels, New
Orleans, La, 4S shares; X. o. Harms, New
Orleans, La, share; Chester C. Chapman,
New Orleans, La, / share.
Witnesses: Harry P. Prosdame, Clarence Z.
Moses.
SCOTT E. BEER, Not. P1b
/, the undersigned recorder Of mort ages,
in and for the parish of Orleans, STATE Of
Louisiana, do hereby certify that the above
! and foregoing act of Incorporation Of Repub-
lie Box Company, Inc, was this day duly re-
: corded in my office, in book ll27, folio -.
EMILE ]. LEONARD, d. r
SCOTT E. BEER. No, Pei
; sept 10 II a oct 8