The herald., 1914-09-10

tors shall determine; and all stock shall be
paid for in labor done, or money or property
board OF directors shall determine.
The amount % which the capital stock may
be increased shall be twenty-five thousand
tS25O00O) dollars.
NJ transfer of stock shall be binding upon
this company unless made upon the books OF
the company, and no sale or. other disposal OF
said stock shall be valid unless FIRST offered
to the remaining stockholders of this com
| pany Tor thirty days at a price not IN excess
! of the book value Of said stock the date
| OF such offer; and all stock held acquired
/ III this corporation shall be subject to this
| provision Of the charter.
| Article V.-All the powers Of this corporation
| shall be vested IN and the business and al
| fairs Of the corporation managed by a board
| OF three directors, who shall bc elected anuu-
! ally at meeting OF the stockholders on the
! first Monday III September of each year, the
| first board of directors to serve for the first
| year, or until their successors shall be elected
and qualified.
The first board OF directors shalt consist OF:
| Frank l.. Samuels, New Orleans, La; Rob
] ert O. Harris, New CLEANS, La; Chester G.
Chapman, New Orleans, La; with Frank l.
as vice president, and Robert o. Harris as
secretary treasurer.
All elections shall be by ballot at the office
of the company, under the supervision Of two
commissioners to be appointed by the board
of directors. Notice of such meeting shall be
given by the secretary-treasurer in writing.
mailed 10 his last known address at least
fifteen days prior to such election, but this
notice may be waived by all the stockholders.
At all such elections and at all meetings. of
the stockholders. every stakeholder snail be
entitled to one vote for each share of stock
standing in his name on the books of the com
, pany at the date OF such election or meeting;
said votes to be cast in person or by written
proxy, and a majority OF the votes cast shall
elect.
The failure to eject directors at the annual
meeting shall not dissolve or affect the cor
operation nor impair its management in any
respect, but the directors in office shall
main in Office until their successors are elect.
, ed and qualified. Each subsequent board Of
. directors shall elect as possible after
h their own election a president, vice-pesi-
e dent and a secretary treasurer, and may grant
c to each officer such power they dem proper
r All vacancies in the board for whatever
T. cause shall be filled by the remaining direc
: tors Any member of the board may appoint
= any other director his proxy TO act IN his
/ place and stead at any meeting of the board.
g Said corporation shall have the right to pur-
c chase any business or businesses within the
h objects and purposes of this corporation and
e to pay therefor such price as the board Of
a directors shall determine. The board OF d.
t rectors may make and amend all necessary
J. bylaws for the regulation of the company.
Article NI-This act of Incorporation may
n be modified, changed or altered, said cor
d poration may be dissolved with the assent Of
e two-thirds of the capital stock outstanding al
E, meeting OF the stockholders convened fOi
u tnat purpose ana after nfteen days notice nd'
W been delivered in person or given by lettei
r mailed to the last known address OF eacf
d stockholder. The said notice may be waiveC
by the unanimous consent OF all the stock
A. holders.
e In case of the dissolution OF the corpora
al tion its affairs shall be liquidated by tw
I'd commissioners elected by the stockholders,
he Article Vino stakeholder shall ever b
held liable for the faults or contracts Of thi
Dr. corporation in any further sum than the IN
re paid balance due to the corporation on IN
1t shares owned by him; nor shall any mer
e, informalty have the effect of rendering tn
m charter null or Of exposing any stakeholder {
OF any liability beyond the unpaid balance du
er on his stock.
s. The subscribers hereto have respectivel
nd written opposite their names the amount
sc stock subscribed by them in this corporation
w so that this act Of incorporation may ais
IS, serve the original subscription list Of n
s. corporation, and they have stated their po
r, Office addresses, so as to conform with a.
&C. 267 Of 1914
IS, Thus done and passed at my Office in n
n, city of New Orleans, state Of Louisiana,
nd the day, month and year first herenabo'
&c. written, in the presence Of Harry p. PrOsdan
nd and Clarence f. Moses, competent witness
er of the age Of majority and residents OF III
M city, who hereunto sign their names with Sd
Sc, aPpeaers and me, notary, after reading OF Il
or whole.
on Original signed: Frank L. Samuels We
nd Orleans, La, IS shares; R. o. Harris, Ne
all Orleans, La, share; Chester c. Chapma
he New Orleans, La, / share.
Witnesses Harry p. Prosdame, Clarence
tai Moses.
ed SCOTT E. BEER, Not Pub
oh I, the undersigned recorder OF mortgage
OF in and for the parish of Orleans, state
Der Louisiana, do hereby certify that the abo
ed and foregoing act of Incorporation of Repu
po- lie Box Company, Inc, was this day duly
for corded in my office, in book 1l27, folio -
en- EMILE J. LEONARD, d. X
or true copy
be SCOTT E. BEER. Not Pub
&C. sept 10 IL "a oct 8