The herald., 1914-07-16

oresident. a vice-pre>ident and secretary
treasurer The secretary treasurer need not
be a shareholder or director. .b
Al all meetings of the sharehoihel9 eden
char. holder shall be entitled I" cast "ll'
vote. in person or by proxy, on 'atu sh"lt
nf stock held 10y him. Al any meeting "a VI
the board of directors, any dIF'y,"', D,y
.unabl, TO attend may hc represented ~ "nH
.ntnrr director or any stock holder Wh" siiI1t
rlsr I'M. vote Of the absent director. All
uroNi,S shall be in writinE. ,tI
,,,yrr and authority to sell. lease, m"rtSd-c
nr ,lrd.r any or all ot In" property H'N"
.bIr and immoyabir belonging ID 'nt IN m
many without referring To ih' H''' ''''''',',t
Tor power 10 do 50, ana lHet may - -, nf
mas, for cash, or on credit property VI
,n, Kind rruuirrd for any OF ihr pd'P"N'S
uf the company. without aulh'fuH oi '''
shareholders or make any contract anu p,I
form any act whatsoever Tor ana III nv
name OF the corporation, Whlch th" 'P''"
fipu itself could make ana perform. ,,
The board "t directors Sldh n'lNt i"'t
power and authority tu employ, ana 'PP''.I
for such time as they deem proper ana 10
dismiss such managers, ~uPrrlnith
agents and employees aS they may deem D'Sl
and To- vest in them Su'h powers a' 'h's s''
hit, and TO nN their remuneration. .
In case of any vacancy IN thc hp3ru ol
directors the remaining members shall nave
the power To ill the vacancies, ana an ulIc'-
tors and officers of this company shall re-
main in Office uutil their successors are el'c'
meeting shall not dissolve the corporation
ARTICLE YI.-This act Of incorporation
may hr changed. modified or altered. or TINS
may be- dissolved with IN" assent
of three fuurtlS of the stock present or rep
resented at Il meeting convened for thal put-
pose after ten jlub days written motto"
mailed To- each stakeholder al his last known
u>iOtlicy address.
ARTICLE NII.-AI proceedings relative
To the Increasing or diminishing Of the capl-
tai stock shall be- taken In the manner pre-
>crlbrd 10y the laws Of the state or Lonisl-
ana.
ARTICLE VIII.-Nu Stockhodcr shall
ever br held liable or responsible" for the
contracts %" faults of the said corporation
in any further sum than the unpaid balance
du" on the shares ot stock owned 10y MN,
nor shall any mere infOruIlity in orEaniZa-
tion have the effect of rendering this charter
null or void. and of exposing 4 stakeholder
10 any liability beyond the amount or his
unpaid stock nor shall any mere Informal
ity or irrr-ularity in organization over have
tn" effect Of rendering any stockholder lla-
bl" as partner.
ARTICLE nv Whenever this corporation
is dissolved either 10y limitation of time or
10y the determination of the stockholders, its
affairs shall he liquidatcd under the super
vision of TWO liquidatorS 10 be- appointed for
that purpuS" at a general meeting Of the
stockholders convened after ten DAYS no.
ticc which notice shall be sent by mail TO
the address Of each StOCkhOld"r aS left by
them with the secretary Of the company.
NJ such meeting TO consider the llquida-
tion Of the corporation the result shall be-
determined by the consent Of three fOurths
OF The stock present or represented at such
meeting. In case of the death or inability
10 act Of one of the liqudatorS. the stock
holders shall elect Il new liquidatOr in the
manner above provided for the selection of
liquidaturs.
Thus done and passed i'm my office AT the
city OF New Orleans. on the day. month and
year hereinahOve first written, in the pres
ence of \. :. Urban and NJ ii. Rooney, com
Ietent witnesses, who hereunto sign their
names with the said appearcrS and me- no
tary. after due reading of the whole.
Names of SignersD tWitnesSeS) A. =
Urban, NJ. H. Rooney.
FRED. G. M3RN, Not. Pub
State OF Louisiana, Parish of Orleans
|, the undersigned, recorder of mortgages
in and Tor the parish of Orleans, state Of Lou
lsiana, do hereby certify that the above and
foregoing act OF Incorporation OF the Star
Development Company this day duly re-
corded in my Office, in book ll27, folio -
New Orleans, July Is, 1914
(Signed) EMILE J. LEONARD,
(SealD Deputy Recorder.
A true copy:
(Signed FRED c. MARN, Not. Pub
july 10 D 30 aug Is %