The herald., 1914-07-09


and agents it may deem necessary for the
purposes and business of this corporation
The said board shall have power to fix and
dehne the duties of every officer and employee
and all officers and employees shall hold Of
hce and employment at the pleasure OF the
board. The board may make and establish.
as well as alter and amend, all such bylaws
rules and regulations necessary and proner in
It's judgment Tor the conduct and manage.
ment of the business and affairs of such cor.
poration.
The board of directors shall have full power
and authority to sell. convey, mortgage.
pledge, lease and purchase real and personal
property, to borrow money, issue notes and
bonds, lend money, make contracts, and sign
and cause TO be signed all necessary acTs,
deeds, etc; to take Judicial proceedings in
the name of and on behalf Of the corporation
and generally TO do any and all things rea-
sonable, convenient and necessary for the
proper carrying on of the business and al.
fairs OF this corporation.
The board OF directors may issue ful-paid
labor done or services performed for this cor.
poration or property or rights actually re.
celved by this corporation.
All transfers OF stock shall be made on the
books OF the company and under such rules
prescribe.
Article ,VI.--The following shall constitute
the first board of directors: W. o. Hudson.
John Mathers, Steve Mellirger, D. r Rees'
Louis Seller. F. J. Foxley and Adam Lorch,
Jr., which said directors at their first meeting
siidil SlSNt lIOh among their number q
dent, vice-president and shall also elect
secretary and treasurer or one person 10
serve IN both capacities in accordance with
the sixth ,aPragTaph Of article FIVE C0.
The said board of directors shall hold Office
until the second Tuesday in June, 1915 and
until their successors shall have been duly
eletced and qualified.
Article Nll.-Whenever this corporation
shall be dissolved, either by Limitation or
from any other cause, its affairs shall be liau-
GATED by three commissioners, TO be appointed
IRON among the stockholders at a general
meeting of the stockholders convened for such
purpose, OF which meeting notice shall be
gwen IN the manner and time provided for
stLGckhoIders st meetings by Article VIII of
| TINS charter and majority in amount of the
capital stock of said corporation, represented
| al such meeting, shall be requisite to elect
oaio commissioners shall remain in office I'M
| M the affairs of said corporation shall have
Deen FULLY liquidated In case OF the death
OF one or more of said commissioners the
vacancy shall be filled by the surviving COM
Article VIII.-This act Of INCORPORATION NAV
be modified, changed or altered, or said cor
poratIon may be dissolved with the consent
ol M 'nIee-iourths OF the capital stock represent
| Gu dt general meeting of the stockholders
convened % Tor such purpose, and after notice
| snall nave been gwen in one or more news
papers published in the city of New Orleans
once week for four weeks preceding the
meeting and by a written notice TO each
stockholder. mailed TO him to his last known
place OF business or domicile thirty DAYS
|
Any change proposed or made in reference
] 70 lhe capitap stock shall be made in accord
| ance with the laws of the state OF Louisiana
Of OF .ne subject OF altering the capital stock
ot eorporatl0ns But any and all meetings
OF 3l stockholders, whether for the purpose Of
| nquidatlon or for any other purpose. NAV be
@ @neIu al any time without notice by unani-
nous nous consent of all stockholders in writing
| MED with The secretary
dea, n'iGIe lA.-ihe president, or acting presi-
dbent' tb may, in his discretion, and shall, upon
| Iii wIlsten request OF seven stockholders,
a. a special meeting of the stockholders Of
| TINS corporation.
No stakeholder shall ever be held liable
| -; @ ,ne SonIact or faults OF said corporation
| III any further sum than the unpaid balance
| e uue the corporation on the shares of stock
4 owned by him, nor shall any mere ipfornality
IN IN. organization ~ have the effect of rendering
| ms charter null or of exposing the stock.
holders to any liability beyond the unpaid
anount remaining due on his stock
Artlcle hl.-The subscribers hereto have
amount of stock in this corpora,;on sa,bsc-;b.d
,or oy each of them, and this act of incorpora.
non non shail serve as the original subscriptior
ist OF said corporation.
thus done and passed in my Office at IN,
cny OF New Orleans on the day, month and
year hereinbefore first written, in the pres
ehee Q, hMessrs. Z. Bladon Duffy and Edmund
X, Mabry, competent witnesses. who bay,
hereunto signed these presents, together viii
tne sald appearers and me, notary, after du,
reading of the whole.
Original signed):
r. J. Foxley, shares; w. A. Scott,
MsiSs;;s Msf; arthur nS.- Cars' N. D., shares; Johr
SShaLies A. Thiel. Jr, II shares; VIM. /
;' sk' srn shares; ]. D. Kitchen, shares
LOUIS Seller 4 shares; Adam Lorch. ir, ?
shares; W; 0. Hudson, II shares; Steve Mel
p;Tg,j 3 sh5aes; Adam Lorch. Sr, II shares
shares. IL u HugeI'
| Witnesses:
f. BLADON DUFFY
| r. r. MABRY
W. Mel, FAYSSoUx, Not. Pub
l; the undersigned, recorder Of mortgaqeS ~ :.
and for the parish of Orleans, state OF foyisi
ana, 90 hereby certify that the above an,
foregoing act Of Incorporation of the Sat.II;.
vi company was this day duly recorded !,
my ofhce in book ll27, folio -.
New Orleans, La, June 27, 1914
EMILE J. LEONARD,
80 Deputy Recorder of MortgaCee
certify the above and foregoing 10 he
tue and correct copy of the original chaTte
OF record and on file in my Office '"' ~
New Orleans, June d. 1914
'>eaL) w. Mel. FAYSSOUX.
;,,Iv O x ., ~ ~ Not. Pub