The herald., 1914-10-01

tors shall determine; and all stock shall he
I Pa.u Ipr III IaooI done, or money or property
| actu1iIy received, and at such time as the
| board OF directors shall determine
| The amount TO which the capital storL ,,,,,
be BE- increased shall be twenty-five houssnd
| (S25,UcO0O) dollars.
No transfer OF stock shall be binding upon
| this company unless made upon the books of
| the company, and no sale or other disposal of
SAID stock shall be valid unless first offered
| to the remaining stockholders of this com.
| pany for thirty days at price not in excess
oi the book value OF said stock on the date
| OF such offer; and all stock held or acquired
| IN TINS corporation shall be subject to this
provision OF the charter.
Article V.-All the powers of this co-no-,,;,,,
snail be vested in and the business and al
iairs OF the corporation managed by board
OF three directors, who shall be elected annu-
any at meeting OF the stockholders on the
nrst 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 shall consist Of:
ert .. Harris, New CLEANS, La: Chester e
chapman, New Orleans, La; with Frank I
Samueis as president; Chester c. Chapman
as wee cepTesldent, and Robert o. Harris as
All elections shall be by ballot at the Office
ef the company, under the supervision of two
commissioners 60 Is to be appointed by the board
OF directors. Notice of such meeting shall he
gwen by the secretary-treasurer in writing.
delivered TO each stockholder in nersnr e
mailed af. to his last known address at least
nlteen Gays PRIOR TO such election but this
notice may be waived by all the stockbolders
, AT all such elections and at all meetings. of
inc stockholders, every stockholder shall be
entIt,ed 10 one vote for each share of stock
STANDING IN his name on the books of the com.
pany at the date of such election or meeting.
Sdlu votes TO be cast in person or by written
proxy, and majority of the votes Cas-. sbeii
elect. N"'I S"di
f1f 10 n, 4
meeting shall not dissolve or affect the CO.
operation nor impair its management in anv
respect but the directors in office shall re-
nam III once until their successors are elect
81 anu quaiihed. Each subsequent board OF
directors snail e lect soon as possible after
thelr own election a president a yice-pesi.
ueht ana a secretary and NAV grant
10 each ofhcer such power as thew dem nronrr
All vacancies in the board for ubatrve-
cause shall be filled by the remaining dire
Tors Any member of the board NAV appc:nt
ni.yc. o.lS' S director his proxy to act in his
place and stead at any meeting of the board
Sald corporation shall have the right 10 Dur.
chase any business or businesses within the
oojeets and purposes of this corporation and
20 pay therefor such price as the board OF
directors shall determine The boa,d ~ a.
ttectors may make and amend all necessary
laws ioT the regulation of the company
Ttlcie Wins act of incorporation may
oe modihed, changed or altered, or said cor
poration may be dissolved with the assent Of
t"o-thlros OF the capital stock outstanding al
a meeting OF the stockholders convened for
ba 5.st purpose ana after fifteen days notice has
oeen aeHVered IN person or given by letter
malied TO the last known address Of each
Stockholder. The said notice NAV be waived
SSy tne unanimous consent of all the stock
In case of the dissolution of the corpora.
.ion its affairs shall be liquidated by two
'oiHIhi hissloners elected by the stockholders
Al h1Iticle VIl.-No stockhoder shall ever be
held liable for the faults or contracts OF this
corporation IN any further sum than the un-
Pald balance due to the corporation on the
Snares S owned by him; nor shall any mere
cba.,n d,ity nave the effect of rendering the
chaTter null or of exposing any stockholder to
on his stock
The subscribers hereto have respectively
mIltten opposite their names the amount OF
stock subscribed by them in this coronation,
50 tndt thlS act OF Incorporation NAV also
serve as the original subscription list OF the
coz 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
.ne Gay, month and year first hereiuabove
WI M"Iitten, en-, IN the presence of Harry =. Prosdame
ana Clarence +. Moses, competent witnesses
OF the age OF majority and residents of this
cry, VINO hereunto sign their names - ith said
aPIpGiaers and me, notary, after reading of the
- Original signed: Frank L. Sanuels, New
Orieans, La, 4S shares; K. o. Harris New
SSiedHs' La, ! share; Chester {. Chapman,
New Orleans, La, share.
witnesses: Harry P. Prosdame, Clarence Z.
SCOTT f. BEER, Not. Pub.
l. the undersigned recorder OF mortgages,
IN and tor the parish Of Orleans, state Of
LOUISIANA, do hereby certify that the above
ana foregoing act of Incorporation Of Repub.
nc BOX Company, Inc, was this dav duly re.
coroed In my Office, in book ll27 folio -.
EMILE J. LEONARD, D. Z.
SCOTT E. BEER, Not Pub