The herald., 1914-07-23

said purposes, and to exercise all the rights
powers and privileges now or hereafter con-
terred by law upon associations organized un-
der the provisions of the laws authorizing the
formation Of associations.
Article IN.-The capital stock Of this asso-
citation is hereby fixed At the sum Of three
hundred thousand dollars (sOOOOO, divided
into thirty thousand shares of the par value
Of ten dollars Cl0) each, which shall be paid
for in cash, or on such terms and conditions
as may be decided upon by the board of di-
rectors, or may be issued for no less than
par for property purchased by or services ac
tually rendered to said association All
shares of stock shall be full-paid and non
asSessable. No transfer of stock shall be
binding upon the association unless made
upon the book, and all certificates CT stock
shall be signed by such officers as may be
designated by the board of directors.
Article V.-All corporate powers Of this cor
poration shall be vested in and exercised by
a board of directors composed of not less
than hve or not more than nine directors,
all of whom shall be shareholders. and who
shall be elected annually on the first Tues
day of june of each year. The first election
under this charter shall be held the first
Tuesday of June, 1915, provided however, that
Immediately upon the passing of this charter
the shareholders shall convene and elect d.
Tectors, who shall serve until the first Tues.
day in June. 1915.
Said election shall be by ballot and con.
Quoted at the Office of the association, and
notice of said election shall be given by the
secretary-treasurer to each stockholder in
to the stockholders last known address, shall
be sufficient notice. Each stockholder shall be
entitled to one vote, either in person or by
proxy. The directors shall serve until their
successors have been elected. The directors
shall have the power Of filling any vacancy
occurring among their number. For all pur-
poses herein majority of the board of drec:
tors shall constitute a quorum. They shall
have power TO employ discharge such em1
pioyees as may be necessary for the conduct
of the business.
The ~ 81; Il.
of a president, first vice-president, second
vice president and a secretary treasurer the
two, officers last named may be merged and
held by one, all of whom shall be elected by
the board of directors from among their num-
Der. The capital stock of this association may
be increased according TO the laws of this
state
Article VI-Whenever this corporation IS
dissolved, either by limitation or from any
other cause, its affairs shall be liquidated
under the supervision of three commissioners,
| 10 be appointed by the stockholders for that
purpose at a general meeting convened for
such purpose; which said commissioners shall
remain in office until the affairs of this asSo-
/ cation shall have been duly settled and liqui-
! dated, and in the case of the death of one or
more OF the commissioners the survivor shall
continue TO act.
Article VII. - This act of incorporation
may be changed, modified or altered, or said
| association may be dissolved with the assent
| OF three-tourts go of the capital stock Of
said ASSOCIATION at any. general meeting OF
! 'AiN otoNhilOihSIS luctCOt, convened tOT lldl
i purpose after thirty days previous notice Of
| such meeting shall have been published in
| two OF the daily newspapers of the city Of
New Orleans.
Article VIII.-No stockholder shall ever be
4 held liable or responsible for the contracts
| or faults of said association in no further sum
than the unpaid balance due TO this associa-
| ton on the shares owned by him, nor shall
| any mere infOrmality in the organization have
| the effect OF rendering .ns charter null, or
OF exposing stockholder to any liability be-
y9nd the amount due on his stock
! The subscribers hereto have respectively
| written opposite their names the amount Of
| STOCK OF this corporation subscribed BY them,
so that this act may also serve as the original
| subscription list Of the subscribers
Thus done and passed in my notariaI Office,
| az New Orleans aforesaid. in the presence of
William A. Wenck and Thomas J. Carey, Jr;,
ing in this city, who hereunto subscribe their
names, together. with said parties and me,
notary, on the day and date set forth in the
He2y hS6fGi Forces F. A. Hef.dn 2sna 'sne R:mss
Jewell A. .Sperling, NJ Rooney, P S. Schnci.
dau W. A. Wenck, Leo UjTy, F. 6. Could
John Joseph. Gust, Albert r. Forres, /. B.
N9""y'0"' iA3%si %M. ( RESATHb1E. ESS1sfH T. Not. Pub.
l. the undersigned recorder Of mortgages
IN and for the parish Of Orleans, state Of
aoS'Stana, 10S Jana 90 hereby certify that the above
German American Orange and Truck Growers
ASSOCIATION OF Louisiana was this day duly
recorded in my Office in book ll27, folio -.--.
New Orleans, La. July ?. 1914.
| (Signed) EMILE / LEONARD
! lSealO D. r NJ.
|, the undersigned. notary. do hereby Ger
lty the foregoing and within TO be triC
and correct copy Of the original act Of in-or
poration OF The German American Orange anC
| Truck Grwores' Association OF Louisiana to
gether with the certificate Of the recorder o
mortgages thereunto appended, on file anG o
| record in my office.
In faith whereof, I hereunto set nv hanC
and seal this I'd day of Julv. A. d. 1919.
WM. RENAUDIN, Not. Pu1.
July ? 16 q 80 aug