The herald. [volume] (New Orleans, La.) 1905-1953, 1914-01-29

acquired NAV be resold. unless retired IN or
der 70 decrease the capital stock OF the COM
pany as provided by law; TO appoint managers;
officers agents in the state OF LOUISIANA and
other states, or elsewhere, as its interests
nav require: TO establish, alter and amend ali
rules and regulations and bylaws tor the
conduct and management OF ITS business as
nav be necessary and proper.
Article 1.-THE domicile OF this corporation
shall be in the city OF New Orleans, state OF
Louisiana, and all citation and other legal
process shall be served upon the president,
and IN the absence OF the president, upon
The vice-president. and in the absence OF both
Of these, upon the treasurer OF SAID corpora
ton.
Article III-The objects and purposes for
which this corporation Is organized, and the
nature OF the business 10 be carried on by II,
are hereby declared 70 be: To purchase and
acquire lands, buildings, equipment and ma
chInery, and more particularly lands, bui!d-
ings, equipment and machinery situated IN
Copiah aud Lincoln counties, Mississippi, and
known as the Mississippi Mills Property,
and 10 sell, mortgage, pledge, lease, rent, opeT-
ate. OF otherwise use the same OF any part
thereof.
Article Iv.-The capital stock OF this cor
poration Is hereby nXed al the sum Of i've
thousand dollars 5000, divided into and
! represented by fifty 800 shares, each Of par
value Of one hundred dollars Q0O), payable
| in cash or It's equivalent; and the company
| shall commence business and become a gong
concern as soon as $500 OF its capital stock
| Is subscribed
Article V.-An the corporate powers Of this
| corporation shall be vested IN and exercised
than SIX directors. all stockholders of this
! corporation. The directors shall be entitled
to vote at directors meetings by proxy.
| E. Marx, !. Marx, ). Odenheimer and John
| II. Hickey shall constitute the FIRST board OF
directors who shall hold Office until the third
| Thursday OF January, 1915, or until their sue
eessors shall have been duly elected and quail
| ihed In each year, on the third Thursday OF
I L. Re en- all ~ hz
/ ballot Of the stockholders al the annual meet
ing called by mailing to each stakeholder. al
| his last known place OF residence, ten days
/ written notice OF such meeting. Each stock
! holder shall be entitled. by person or By
| proxy, 10 vote for every share owned by hin
| and standing an his name on the books Of
| the corporation at the time OF the election
| or other meeting, and all elections shall bC
held under such rules and regulations as may
/ be determined by the board OF directors. Fail
/ ure TO hold an election on the date specified
\ directors then in ofiee shall hold their re
! spectIye ofnces until an election be subse
| quently held after ten days written motto,
| mailed TO the last known place OF residence
OF each stakeholder.
| Vacancies occurring on said board shall b,
filled BY the remaining directors for the IN
/ expired term
The officers Of this corporation shall con
sist OF president, vice-president, seere
| tary and a treasurer.
The following shall be the officers Of III,
| company until the third Thursday Of January
! 1915, OF until their successor or successor
are duly elected and qualified: 5. Odenhei
! neT. president; /. Marx. vice president; Johr
| H Hickey, secretary; +. Marx, treasurer.
| Article NI.-An transfers OF stock OF thi
corporation must be made upon the books o
I the company upon production Of the stool
| certificate. No s;ockholder OF this corpora
| ton shall sell or otherwise dispose Of hi
| stock, without first Offering the same in WI,
| ing, at the bona fde price offered to hir
| therefor. 10 the other stockholders througl
! the Board Of Directors. Each stockholde
shall, upon such offer, be notified in wit