The herald. [volume] (New Orleans, La.) 1905-1953, 1914-06-11

corporation. After the election of such board
Of directors the said board shall elect the ON
GERS OF this corporation, who shall be the
following: A president, who may also hold
the office Of treasurer, vice president and :,
secretary. All ofncers except that OF the
secretary shall be filled by parties elected
as directors. 1t shall be competent, however,
for the Office Of secretary TO be hlIed either
by a member If the board, or an outside en-
ployee OF the corporation, whether he be d
oCkholder or not.
The first board Of directors Of this corpora.
ton, under this charter, shall be composed
Goudchaux and May G.. Rosenfeld with Jesse
Resented as president and treasurer, and
Lazard GoudchauN as wee president.
The above MENTIONED board OF directors and
officers shall hold office until the hrst Mon.
day IN January, 1918, when a meeting OF
the stockholders is 20 be held to elect dlrec-
tors. All officers and directors are TO hold
their ONCE for one year from their election,
elected and qualified. The annual meeting
Of the stockholders for the purpose Of elect
ing directors shall be held on the hrst Mon
day Of January OF each ycar. The election
OF directors shall be by ballot and the ma
iority m amount Of stockholders voting, pres
eut or by proxy, shall elect the persons tor
voted shall be counted for one vote. After
said election Of said board, the directors
shall eIee, the officers Of this corporation.
The board OF directors shall give at least
zen NINN lH.att bN man OF NalN IatNNAbl- Va
directors, and shall appoint one or more
stoJkho.dcr, To preside ~ such election. Any
failure from any cause whatsoever 10 elect
directors Oh the day named Tor that purpose
shall not dissolve this corporation but the
directors then IN otncc shall hold over until
their successors are chosen and qualified.
The board OF directors shall have full power
and authority 10 III vacancies IN their num-
Der caused hv death. resignation or other
wise. The said board IS further authorized
TO frame and adopt such bylaws, rules and
regulations as the affairs and business OF the
company may require, and II may deem
necessary for the conducting and management
thereof. provided the same does not conflict
with this charter and the laws OF the state
OF Louisiana. and those OF the United States;
to name and appoint a general manager, hN
his compensation, ard terms Of employment,
as well as such other agents, employees as
in its discretion may seem Mt and proper.
The president OF this corporation shall be
authorized 10 bring any and all suits, &C
tIuuS or proceedings IN court Tor and on BE-
half of this corporation, without express
sanction or approval OF the board previously
had. and this corporation shall have the right
To hold, own, and acquire shares OF stock IN
other corporations, as well as the right TO
dispose Of and pledge the same.
Article V. This charter may be amended,
modified, or altered, or this corporation dis
solved, at a general meeting OF the stock
holders convened for that purpose with the
assent OF the majority Of the stock which
may be issued, present or represented at Such
be given OF such meeting; IN case OF dIsSO-
luton or termination OF this corporation, the
liquidation of its affairs shall be conducted
hy three COMM SIOncrS selected in a like
manner and by like vote and assent at
meeting called as above for that purpose.
Article VI. No Stockholder shall ever be
liable or responsible for the debts, contracts
or faults of this corporation Tor any further
sum than the unpaid balance due on the
shares OF stock subscribed for or owned by
him; nor shall any infoTmallIy in the organi-
zation have the effect OF rendering this char
ter null, or of exposing stOckholder to any
liability beyond the amount OF the unpaid
balance Of his subscription to stock.
Article VII. Should any stakeholder
stock owner desire 10 sell or dispose OF all or
any part Of said stock or relInquish his in
tcrest in the corporation or desire to terml-
nate or dissolve the same, he shall first ten
der such stock for purchase to the other stock
holders Of this corporation, and the other
stockholders shall have the preferred right,
for sixty days, to purchase the stock ten
dered at the price shown by the books OF the
All stock issued, or to be issued,
shall be subject to the foregoing provision.
Article VIII. The capital stock OF this cor
poration may be increased decreased
complying with the requirements OF the law,
and with such bylaws, as may be consistent
with the law, as may be hereafter adopted by
the board.
Article TX. This corporation shall be a go.
ing concern as soon as the sum Of seven thou
sand five hundred dollars $500 is sub
scribed for
Thus done and passed in my office, on the
day and date first above written, in the pres
ence of Messrs. 7. A. Schuber and VIM. Con-
kerton, both competent witnesses, domicilated
in this city, who signed these presents, to-
gether with the parties, and me, notary, after
a due reading of the whole, the parties hereto
also afxing opposite their respective names
their subscriptions to the capital stock of
this corporation, which shall constitute the
original subscription list of stock subscribed
in this corporation.
Original Signed
NAMES AND THEIR
SUBSCRIPTIONS.
Witnesses:
T. A. SCHUBER,
VIM. CONKERTON.
EDGAR NJ. Calm, Notary Public.
l, the undersigned Recorder of Mortgages,
in and for the Parish of Orleans, State of
Louisiana, do hereby certify that the above
and foregoing act of incorporation of the Jesse
Rosenfeld Co., Ltd, was this day duly re-
corded in my Office in Book No. ll27 Folio -.
New Orleans, La, May %, 1914.
(Signed EMILE LEONARD, D. R.
l, the undersigned, Edgar NJ. Calm, notary
public, hereby certify that the foregoing act
Of incorporation, as well as the certificate of
the Recorder of Mortgages thereto attached,
are true and correct copies of the original act
ard certificate on file in my notarial office.
New Orleans, La, May 81, 1914.
(Signed) EDGAR NJ. Calm, Not. Pub
May %, June 4 IL Is Is, July 2.