The herald., 1914-09-10

tors shall determine; and all stock shall be
paid for in labor done, or money property
actually. received, and a, such time as the
board of directors shall determine.
The amount t. which the capital stock may
be increased shall he twenty-five thousand
lS25,UOOOD 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
pauy for thirty days at price not IN excess
of the book value of said stock on the date
OF such offer; and all stock held or acquired
III 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 al
| fairs OF the corporation managed by board
OF three directors, who shall be elected annu-
| ally at meeting OF the stockholders on the
! FIRST Monday in September of each year, the
/ first board of directors to serve for the first
year, or until their successors shall be elected
| and qualihed.
! The first board Of directors shall consist Of.
| Frank l.. Samuels, New Orleans, La, Rob
! ert O. Harris, New CLEANS, La; Chester {.
Chapman, New Orleans, La: with Frank L.
| Samuels president; Chester {. Chapman
as vice president. and Robert o. Harris as
| secretary treasurer.
| All elections shall he 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 meeting shall be
given by the secretary treasurer in writing
delivered to each stockholder in person or
mailed TO his last known address at least
fifteen days prior to such election, but this
f.. notice may be waived by all the stockholders
! At all such elections and at all meetings. OF
the stockholders, every stakeholder snail 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 or meeting
said votes TO be cast in person or by written
proxy, and majority of the votes cast shall
elect.
:. The failure TO eject directors at the annual
meeting shall not dissolve affect the cor
operation nor impair its management in any
respect, but the directors in office shall re
main in office until their successors are elect
|, ed and qualified. Each subsequent board OF
). directors shall elect possible after
h ! their own election a president, a vice-pesl-
e dent and a secretary treasurer, and may grant
e to each officer such power as they dem proper
IT All vacancies in the board for whatever
,, cause shall be filled by the remaining diTec
/ tors. Any member of the board may appoint
r any other director his proxy to act IN hl'
l. place and stead at any meeting of the board.
g Said corporation shall have the right to pur
'e chase any business or businesses within th
II objects and purposes of this corporation AM
te to pay therefor such price the board Q
a directors shall determine. The board of di
ct rectors may make and amend all necessar
o. bylaws for the regulation of the company.
Article NI-This act of Incorporation ma
IN be modified, changed or altered, or said COZ
Id poration may be dissolved with the assent {
ne two-thirds of the capital stock outstanding
c, a meeting OF the stockholders convened II
ed that purpose and after fifteen days notice ha
w been delivered in person OF given by let''
r. mailed to the last known address OF eaC
id stockholder. The said notice may be waive
by the unanimous consent OF all the stoc
"a holders.
tie In case of the dissolution of the corpor
al ton its affairs shall be liquidated by ~
nd commissioners elected by the stockholders.
he Article NII.-No stakeholder shall ever
held liable for the faults or contracts Of III
Tor corporation in any further sum than the Il
he paid balance due to the corporation on I
it shares owned by him; nor shall any me
re, informality have the effect Of rendering {
en- charter null or of exposing any stoCkholder
of any liability beyond the unpaid balance d
Der on his stock.
es- The subscribers hereto have respective
nd written opposite their names the amount
Use stock subscribed by them in this corporate,
aw so that this act of Incorporation may a
Us. serve as the original subscription list of
rs corporation, and they have stated their p
er, office addresses, to conform with
ac- 267 of 1914.
es, Thus done and passed at my Office in
I'M city Of New Orleans, state Of Louisiana,
md the day. month and yea, tirst heTeinab'
&C. written, in the presence Of Harry p. Prosda
md and Clarence +. Moses, competent witnes
Der of the age Of majority and residents of t
i'm city, who hereunto sign their names with 5
Use, appeaers and me, notary, after reading OF
ion Original signed: Frank l. Samuels, y
and Orleans, La, IS shares; r. o. Harris, y
all Orleans La, ! share; Chester G. Chayrn
the New Orleans, La, share.
Witnesses: Harry P. Prosdame. Clarence
ltai Moses.
red SCOTT f. BEER, Not. Pu
lich /, the undersigned recorder OF mortga
of in and for the parish OF Orleans, state
per louisiana do hereby certify that the alb
bed and foregoing act of Incorporation of Rel
rpo- lie Box Company, Inc, was this day duly
for corded in my office, in book ll27, folio -
en- EMILE J. LEONARD, d.
hor- A true copy
be SCOTT E. BEER, Not. Pu
rec sept 3 10 IL "a oct 8