The herald., 1914-01-08

formality elect board of directors, who shall
Article VII.-The funds of this corporation
shall be deposited from time to time in
bank or banks to be selected by the board of
directors. All checks, notes. contracts or
other instruments drawn, executed issued
in the corporations name and behalf shall
be signed by at least two officers of the cor
poratiOn.
No officer shall thus sign or endorse the
name OF the corporation save strictly in its
Article VIII.-No stakeholder shall be liable
or responsible for contracts, faults debts
of the corporation, nor shall any mere infor-
mality IN its organization have the effect OF
rendering the charter null of exposing any
stakeholder TO liability beyond the unpaid
balance due on the shares owned by him.
Article lN-IhIs act of incorporation may
| be changed, modified or altered, or the cor
poration may be dissolved with the assent Of
the stool holders owning three fourths of all
/ the stock in this corporation at a general
meeting convened for this purpose and after
at least ten days written notice Of this meet
| ing shall have been given through the mail
addressed to each stakeholder at his last
/ known place of residence, as left by him with
/ the secretary-treasurer. In case of dissolu-
2 ton by expiration of this charter or other
I wise, the stockholders shall elect from their
| own number three liquidators who shall have
| full authority TO settle and wind up the bus
| mess and affairs OF the company. The terms
and conditions are that the compensation for
such services shall be fixed at the time Of
| the election of said liquidators
In case Of the death or inability of any such
| commissioner or liquidator before the liqui-
| dation Of the affairs of the corporation a
successor to fill the vacancy may be appointed
! by the stockholders
| The stockholders by unanimous consent in
writing may waive this notice and said dis
| solution OF the said corporation may be eff
/ fected by the consent of three-fouTths Of the
| stock represented at such meeting
| Thus done and passed, at the city Of New
Orleans, state of Louisiana, on the day and
date hrst above written, in the presence Of
| Messleurs William Herman Dart and Benja-
min W. Dart, both of the city of New Or
leans, state of Louisiana, competent wit
| nesses, who signed these presents with the
said appearers and me, notary, after due read
ing thereof the said appearers declaring
that they have placed after their names the
number Of shares of stock respectively sub.
scribed for by them and that they adopt this
as their stock subscription list.
Names of SigncrsD
Witnesses: William Herman Dart, Benjamin
w. Dart.
FRED. c. MARX, Notary Public.
| State OF Louisiana, Parish OF Orleans.
/. the undersigned recorder OF mortgages in
and for the parish Of Orleans. state of Lou.
isiana, do hereby certify that the above and
foregoing act Of incorporation of the American
Spring Manufacturing Company was this day
duly recorded in my Oitce IN book nv
folio --. New Orleans, La, Dec. 90, 1913
(Signed) EMILE LEONARD, by. Recorder.
| | hereby certify that the above and fore
going IS true and correct copy OF the orig
NAL on file and Of record in my ONCE except
that the names OF the subscribers ana the
number of shares subscribed for by each
have been omitted.
(SigneD FRED [. hARA
jan 'Ies'i is p - feb 5