The herald., 1914-07-09

which this corporation is formed and the
ture of the business to be carried on by II
are, as follows: To do general contracting
and engineering business.
Article IN.-lhe amount of the capital stock
Of this corporation Is hereby liked at the
sum OF twenty thousand collars $4,000, dl-
vided into two thousand t2,UO) shares OF the
par value Of ten dollars (SlO) each.
Article N.-Ihe management Of the business
OF this corporation shall be vested IN and eN-
crciscd by board OF three directors, all OF
whom must be stockholders, to be elected at
the annual meeting Of the stockholders the
nrst Monday Of each year, beginning with the
year lgl5. SAID election snail be held upon
ten days notice mailed to each stOckholder
AZ his last known place OF residence. The cleo
ton OF directors shall be by ballot and each
S'ockhOldeT shall be entitled 10 one vote in
person or by written proxy for each share
owned by him and a majority of all the votes
cast shall be necessary for an election. Any
vacancy occurring IN the board Of directors
liable or responsible for the contracts or
Of the board. Immediately following the ad-
jourument Of the first annual election, the
board OF directors shall hold a meeting and
organize by eiectIng a president, secretary
treasurer, and such othet ottceTs that may be
necessary. and all such officers shall hold
their Office for one year or until their success
sorS are elected.
Article VI.-Ths board Of directors 10 nam
age the business and affairs OF this corpora
ion tor the frst wear are as follows. tieors
y. Frey, president. Chsries '. Frey, scCre-
,a-y.treaSurer, and Mrs. Nicholas Frey. They
shall hold their Office until the first Monday
Of January, 1915, or until their successors are
Article VII.-These articles Of Incorporation
may be modified, changed or amended, or this
corporation may be dissolved upon vote OF
three fourths OF the capital stock represented
AZ a general meeting for that purpose, Al: -
ten days notice duly mailed TO each stock
holder az his last known place Of residence
before the holding OF sand meeting, and upon
further notice published in daily news
paper OF the city OF New Orleans, State of
Louisiana. thirty days prior to the holding oi
said meeting.
Article EIII.-Upon the dissolution of this
corporation by any method known 10 Law ITS
affair, shall be liqudated by three comm,s'
slOuers who may be stockholders, elected by
the stockholders at the meeting called ioT
that purpose as provided for in article VII
Of this charter; the majority IN amount OF the
capital stock OF said corporation represented
At said meeting shall be required to elect
eash share being eDtItle< to one vote by per,
son or proxy. The commissioners so elected
shall remain in office untu the affairs OF the
corporation shall have been fully settled and
liquidatcd and in case Of death OF one or
more OF said commissioners the vacancy shall
be filled by the surviving commissioners OF
cOmmi sSiOner.
Article IX.-No stockhoIder shall ever be
held liable for the faults and defaults of thlS
corporation in any manner IN any further
sum than the unpaid balance due on the shares
Of stock owned by him; and mere intor-
malities in the organizatiodn of this corpora
tion shall not render this charter void. nor
shall II expose any stockholder 10 any lIabIl
ity beyond the amount due on his stock; this
corporation shall commence ITS operation as
soon as one thousand shares G,OOO OF its
capital stock shall have been subscribed for.
Thus done and passed in my office. at the
city of Orleans, in the presence OF LOUIS
Tcssier and Archibald II. Wagner competent
witnesses Of lawful age, residing IN the parish
OF Orleans. who hereunto Sign their names
together with said appearerS and me, notary,
on the day and date aforesaid