The herald., 1914-01-08

posed of stockholders, two of whom shall con.
stitute quorum for transacting all business
The board OF directors shall be vested with
full power and authority TO make all contracts
purchases, and sales, and adopt all bylaws
rules, regulations for the government of the
business and affairs of the company, and to
alter amend and change the same at pleas
ure; appoint, hire, and discharge all officers
agents and emloypees, fix all salaries and
generally do and perform all things necessary
IN the transaction of the business and affairs
OF the company. Any vacancy occurring in
said board shall be filled by the stockholders
in the manner as provided for in the election
of directors.
The first board of directors of this corpor.
alton shall consist of Nathan Orsher, Saul
kronengold and John Flint Carter, Jr On
the second Tuesday in January, 1914, the board
OF directors will duly elect president, vice.
president and secretary treasurer; and until
such election any of the above directors shall
be the proper officers upon whom citation OF
other legal process may be served.
On the second Tuesday in January, 1915
and annually thereafter, election for di-
rectOrs shall be held at the Office of the com.
pany, and the directors then elected shall
take their seats Immediately and shall hold
office until their successors are duly elected
and qualified. Each board shall elect its
own officers, which shall consist of presi.
dent, a vice-president, and a secretary.treas-
urer
All corporate elections shall be by ballot
and a majority of the votes cast shall elect
one vote either in person or by proxy.
Written notice of elections shall be given
to each stakeholder by the secretary-treas-
urer at least 10 days prior to elections.
Article N.-This act of Incorporation may
be changed, altered or modified, or this cor.
poration dissolved, with the assent of three.
| fourths of the stock present or represented
at any general meeting of the stockholders
convened for that purpose after thirty days
prior notice of such meeting shall have beer
given by publication in one of the newspa.
pers published in the city of New Orleans by
five publications during said period, and such
changes as may be made in reference to the
capital stock shall require in addition Il
days notice in writing to each stakeholder.
Article Nl.-Whenever this corporation is
dissolved, either by limitation of its charter
or from any cause, its affairs shall be liqui
dated by three liqudators to be appointed
from among the stockholders at a meeting Of
the stockholders convened for that purpose
after 10 days prior notice shall have beer
gwen by the secretary to each stakeholder
Said liquidators shall remain in office unit
the affairs of said corporation shall have beer
any liquidator, the survivors shall continu,
! to act.
Article VII.-No stakeholder of this corpo
ration shall ever be held liable or responsible
| for the contracts or faults thereof in any fur
| Their sum than the unpaid balance due TO thu
corporation on the shares owned by him, moi
shall any mere informality in organization
have the effect of rendering this charter null
! beyond the amount of his stock.
/ The subscribers hereto have each writer
| opposite their names the number of shares
subscribed for. so that this act may alst
| serve as the original subscription list.
Thus done and passed at my Office in tn,
| city of New Orleans, Louisiana, in the pres
ence of Enola Murphy and Louis Sevestre
competent witnesses of lawful age and resid
| ing IN this city, who have signed their names
| hereuntO, together with said appearers an,
me, notary, after due reading of the whole.
| (Signed): n. Orsher, subscribed to Is shares
). kronengold subscribed to "a shares. ]. +
Carter, Jr., subscribed to / share.
Witnesses Enola Murphy, Louis Sevestre.
w. NJ. HARMON, Not Pub.
| State of Louisiana. Parish of Orleans.
| !, the undersigned recorder of mortgages, il
| and for the parish of Orleans, state Of Louisi
! ana, do hereby certify that the above ant
| foregoing act of incorporation Of the 30. x
| Knitting Mills Inc, was this day duly re
| corded in my Office, in book lll9, folio 36S
| New Orleans, December 30, 1918
| tSigne0: EMILE J. LEONARD, by. X
| l hereby certify that the above and fore
going is true and correct copy Of the orig
! lnal charter of Incorporation Of the 20. K
Knitting Mills, Inc" together with cert
| icate Of the recorder of mortgages for tn
parish of Orleans, state of Louisiana there
unto affixed. the whole on file and Of recor
| IN my notarial Office, current records.
| In faith whereof / hereunto afix nv han,
/ and seal of Office this 30th day Of December
! 1918. W. NJ HARMON, Not. Pub
jan 8 IS % . feb