The herald. [volume] (New Orleans, La.) 1905-1953, 1914-06-18

corporation After the election Of such board
of directors the said board shall elect the Off
GERS of this corporation, who shall be the
following: president, who may also hold
secretary. All officers except that OF the
secretary shall be filled by parties elected
as directors. 1t shall be competent, however.
for the Office of secretary 10 be hlled either
by member Of the board, or an outside en-
ployee OF the corporation, whether ne be
stakeholder or not.
The first board OF directors OF tins corpora,
ton under this charter, shall be composed
Of the following. Jesse Rosenteld, LaZard
Goudchaux and May 6. Rosenfeld, with Jesse
Rosenfeld as president and treasurer, and
Iazard GoudChaux as vice president.
The above mentioned board Of directors and
officers shall hold ONCE until the first Mon
day IN January, 1918, when meeting OF
the Stockholders IS 10 be held 10 elect direc-
their Office ior one year from their election,
or until such time as their successors are
elected and qualified. The annual meeting
Of the stockholders for the purpose OF elect
ing directors shall be held on the FIRST Mon.
d4y Of January Of each year. The election
OF directors shall be by ballot, and the ma
Iorlty in amount Of st9cHhoIdeTs voting, pres
cut or 10y proxy, shall elect the persons tor
whom thew are cast Each share OF stock
voted shall be counted Tor one vote Alter
said election Of said board, the directors
shall elect the officers Of tins corporation.
The board Of directors shall give at least
ten DAYS notice by mail OF the election OF
directors, and shall appoint one or more
stockholders 10 preside 1T such election. Any
failure from any cause whatsoever 10 elect
directors on the day named Tor that purpose
shall not dissolve this corporation, but the
directors then In office shall hold over until
their successors are chosen and qIailhed.
The board OF directors shall have tull power
and authority To I'LL vacancies IN their num-
Der caused by death, resignation or other.
wise. The said board IS further authorized
to frame and adopt such bylaws, rules and
regulations as the affairs and business OF the
company may require, and " may ueeiE
necessary for the conducting and management
thereof, provided the same does not conflict
with this charter and the laws OF the State
Of Louisiana, and those OF the United States;
to name and appoint general manager, NIX
his compensation, ard terms OF employment,
as well as such other agents, employees as
IN its discretion may seem mt ard proper.
The president OF this corporation shall be
authorized to bring any and all suits, ac-
lions or proceedings in court for and on Be
halt OF this corporation, without express
sanction or approval Of the board previously
had, and this corporation shall have the right
TO hold. own, and acquire shares of stock IN
other corporations, as well as the right to
dispose OF and pledge the same.
Article '. This charter may be amended,
modified, or altered. or this corporation DIS
solved at a general meeting OF the stock
holders convened Tor that purpose with the
assent OF the majority OF the stock which
may be issued, present or represented at such
meeting. Thirty days notice by mail shall
be given Of such meeting: in case of disco
luton or termination OF this corporation, the
liquidation OF its affairs shall be conducted
Oy thiee Cou,ihlsSi9heIs seieCtSu III !lAe
manner and by like vote and assent at
meeting called above for that purpose.
Article VI No stakeholder shall ever be
liable or responsible for the debts, contracts
sum than the unpaid balance due on the
shares OF stock subscribed for or owned by
him. nor shall any informalIty in the organ.-
cation have the effect OF rendering this cha--
fy1r1l of a GfDFkhnlIpT
liability beyond the amount OF the unpaid
balance of his subscription to stock:
Article VII. Should any stockholder or
stock owner desire to sell or dispose OF all or
any part of said stock or relInquish his in
terest in the corporation desire to termi-
nate or dissolve the same, he shall hrst ten
der such stock for purchase TO the other stock
holders, of this corporation, and the other
stockholders shall have the preferred right,
for sixty days, to purchase the stock so ten
dered at the price shown by the books of the
All stock issued, or to be issued,
shall be subject to the foregoing provision.
Article VIII. The capital stock of this cor
poraton may be increased or decreased on
with the requirements of the law,
and with such bylaws, as may be consistent
with the law, as may be hereafter adopted by
the board.
Article TX. This corporation shall be go.
ing concern as soon as the sum Of seven thou
sand FIVE hundred dollars $500 is sub
scribed for.
Thus done and passed, in my c1ice, on the
day ana cate nrSt ABOVE written. IN the pres
ence of Messrs. T. A. Schuber and VIM. Con-
kerton, both competent witnesses, domicilated
in this city, who signed these presents, to-
gether with the parties, and me, notary, after
a due reading of the whole, the parties hereto
also affixing opposite their respective names
their subscriptions to the capital stock of
this corporation, which shall constitute the
original subscription list of stock subscribed
in this corporation.
Original Signed
SUBSCRIBERS NAMES AND THEIR
SUBSCRIPTIONS.
Witnesses:
T. A. SCHUBER,
WIN. CONKERTON.
EDGAR NJ. Calm, Notary Public.
/, the undersigned Recorder of Mortgages,
in and for the Parish of Orleans, State of
Louisiana, do hereby certify that the above
and foregoing act of Incorporation of the Jesse
Rosenfeld Co., Ltd, was this day duly re-
corded in my Office in Book No. ll27 Folio -.
New Orleans, La, May %, 1914.
(Signed) EMILE LEONARD, D. R.
!, the undersigned, Edgar NJ. Calm, notary
public, hereby certify that the foregoing act
of Incorporation, as we'll as the certificate of
the Recorder of Mortgages thereto attached,
are true and correct copies of the original act
ard certificate on file in my notarial Office.
New Orleans, La, May d, 1914.
(Signed) EDGAR NJ. Calm, Not. Pub.
May 2S, June II IS 25,July ?.
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