The herald. [volume] (New Orleans, La.) 1905-1953, 1914-08-20
sold for consignors' account; also to buy
a nd soil outright.

sold for consignors' account; also to buy
and sell outright
The canital stock OF this corporation shall
be ten thousand dollars (S1O.OOO.OO), DIVIDED
into one hundred shares OF the par value OF
one hundred dollars tSlOOOOl each, wblcn
snail be paid for when issued, in cash, or
lother property, or for services rendered, as
decided by the board OF directors.
This corporation shall begin business as
soon as three thousand dollars lS5,uuoOV)
lof its capital stock shall have been sub
srribed and shall have all the powers grant
cd to such corporations by law, and more
respectfully the powers TO contract, sue ana
bp sued in its corporate name, TO hold, re-
criye. leaSc. purchase. sell, convey, mort
zage, affect and hypothecate property, both
] real and personal, and TO name and appoint
( suSh officers as its interests may require.
| The business OF this corporation shall b"
conducted 10y board Of directors composed
|of three stockholders, who shall b. elected
Ibv ma jOritT yOt" OF the stockholders on
! the 18th day Of January. 1915, and annually
! there. fi,r. Elections are tu be- held after
/ ten DAYS notice in writing shall have been
| sent hv mail 10 each stakeholder Elch
share OF stock shall Dee entitled 20 one vote
/ by the owner thereof, or his agent.
The board Of directors, elected as above
IrroyilDi. shall select from their number,
/ grr-lI,ut. yicc-prrSident. and a secretary
/ Treasurer al their first meeting after their
election. any vacancy occurring among the
directors or officers Of this company shall be
3 %.
|o' M" board Of directors shall constitute 4
quorum.
! VI T.. Sanders f. H. Hcintzen, and W. G.
SchJofcTs shall constitute the first board or
directors. with VI. +. Sanders a. president,
|E II Heiutzen as vicc-presidcnt, and W. q.
I S.haef,r as SerTctary-'rcaSurer. and they
/ shall hold Office until the 10Th day Of Janu-
larry. 1913. or until their successors are duly
elected and qualified In the event Of the
|drgth. resignation, or inability 70 act, OF any
/ II the said above named members Of the first
| board ~ directors between now and the 18th
Idly Of January, 1919, the remaining mem
/ b-rS shall fill the vacancy, or vacancies, ex-
! iStin- on said board, until the next election
under this charter.
! All citations shall be served on the presi-
ldcnr or in his absence or inability 10 act,
on the vCe-preSidcnt, or in default OF these
on the secretary-trcaSurer.
! 40 transfer Of stock by a StOckhOldor shall
| be binding on this corporation unless the
same appear on the books thereof and un.
! less said stock shall have been first offered
| for sale to the board Of directors OF this cor
lporation, and they shall have refused within
ten days from said offer, TO purchase said
stock az its market value
| II for anv reason all the Offices Of this
ICOrpOration should become vacant either by
Ideath or resignation Of said officers and mem
lberS Of the board Of directors at one and
the same time, so as 10 Leave the corpora
ton without officers and directors, before
the time fixed for the annual meeting of the
stockholders as hereinabOv' provided for
then and in that event the stockholders OF
this corporation shall, at a special meeting
after three DAYS notice in writing mailed e
leach stakeholder at his last known address
leeCt new officers and directors, who shall
I'M the vacancies so existing until the rcgu
liar election as provided for In this charter
At the termination Of this charter or i
sooner dissolved. the affairs Of this corpora
ition shall be liquldated by two commission
ers selected by the stockholders or this cor
lpOratiOn at a special meeting called foI
THAT purpose after ten days notice In writ
ling mailed TO each stOckholder at his las
known address.
Thus done and passed. in my nOtarial OF
fee in the city Of New orleans. on the dal
land date herein first above written, in thu
lpresence Of Mcssrs. Edward W. Richow ant
Louis Lion. competent witnesses, who here
lunto sign these presents. together with ap
lpearers and me, notary, after due reading o
the whole.
Original signed) Names OF members anC
lamOunt subscribed Omitted) witnesses
T.. W. RiSchOw, L. Lion.
J. II. FORCELLE. JR.. Not Pub.
|, the undersigned recorder OF mortgages
in and for the parish of Orleans, state o
Louisiana, hereby certify that the above AM
foregoing act OF Incorporation was this da!
duly recorded in my office, in book 1l2I
folio
New Orleans. July 90. 1914
(SignedD EMILE J. LEONARD, by r
| The above and foregoing Is a true AM
lcorrect copy Of the original act Of incorpo
ration. with the exception of the names o
the subscribers.
]. II. FORCELLE. JR;,
jul % 80 aug 6 13 20 81