The herald., 1915-05-20

> tract lease. borrow money. issue bond
ana execute mortgages. and. in genera
10 'N"rci." all the powers of the COZ
poraiIuu. a~ well a To- carry out 10
objects ana pUrpuScs-- all withou
reference To or authorization by IT,
Sl"'kh"Idcr~--bUt nothing herein Sral
give Sdld board any authority To inter
ltft IN any manner with the rights %
lht holders of preferred stock.
Il From time to time said board Snal
au"pt rules. regulations and bylaws 10
the manaScmcnt and control OF the bust
ness ana affairs of said corporation. and
! IN ITS dissertation. shall cancel chang,
and modify the same.
! ArtlcleNI-\O subscriber hereto al
! StoCkhoIder of the corporation shall ever
| pe heId liable or responsible for the con.
| tracts, faults or debts of said Carpor1.
| llon; nor shall any mere informaIify II
! us orSanIZatlOn have the effect of
| rendering this charter null or of cx.
! p"SIn" any subscriber or stakeholder tC
any liability beyond the unpaid balance
! II any. due on the share subscribed for
/ or owned by him.
Article NII.-This act of incorpora.
| ton may be changed modified OF
altered. or said CORPORATION may ha
dissolved. with the assent of the holders
| or two-thirdS of the common stock of
the corporation, whose owners are
present and represented at a general
meeting OF the holders Of common stock
OF such meeting has been given through
mail, addressed to each stakeholder at
ms place of residence. as shown on the
DOORS OF the corporation, but no change.
modification. alteration. or dissolution.
snail IN any manner abridGe, affect or
interfere with the rights and PRIVILEGES
OF the holders of preferred stock as
established herein,--this charter being a
contract between all parties in interest
as TO said rights and privileges.
In case of dissolution "a bar nv . Io
expiration of this charter or otherwise
ne holders of common stock shall elect
three llquldatorS from among their num-
Der, to liquidate and settle the business
ana aHalrS of said corporation. in case
OF death, or disability of any said liuui-
datorS the survivors, or the remainin.
nHuldatorS shall appoint a successor to
such hquidator said liquidators are
hereby given full power. either by court
or law proceedings or without such pro-
ceedlngs, as they shall elect. to collect
all amounts due the corporation sell or
otherwise dispose of its assets. pay its
utbiS ana liabilities, and compromise
and settle all disputed questions ana
matters ana shall have and exercise all
olher powers necessary and usual To
lully and finally settle. wind up and
IiIuldate all the business and affairs OF
IN" cooperation, and distribute its net
assets or funds among its stockholders
IN accordance with their respective
rights
Article VIII.-The names of the first
Board of Directors and their post office
addresses are as follows: Alfred /
Moore. 2O3 Marsh Place Ruildinc
Waterloo. Iowa: Charles Carroll. sol
Iiennen Building. New Orleans, Louis
ana: John Frost. JeSSup. Iowa: Charles
L. Hearst, Cedar Falls, Iowa; 4 l..
wilson. Mount Auburn. Iowa: Guy G.
Lane. Green Mountain. Iowa: and Tbeo-
dore Peck Brandon. Iowa
The said Board of Directors. with said
Y r. al A1sRsaT H.. IL.
Charles Carroll as Nice-President and
with Anton SlifSgard as Secretary and
Treasurer shall serve until the election
To be held on the Thursday following
the first Monday of February 1916. and
until their successors shall be elected
The names and post office addresses
or the subscribers hereto and the num-
per OF Shares which each agrees to take
IN me corporation are as follows. viz:
Alfred J. Moore. 2O3 Marsh Place
BuildinS, Waterloo. Iowa. seventeen
hundred shares of preferred stock,
10000. and six thousand nine hun
dred and seventy shares of common
stock, S34S,50C.0O; Charles Carroll. sol
tennen Building, New Orleans. Louisi- |
ana, ten shares of common stock |
100000; Bert T. Mowbray. Des Allie |
mands, Louisiana, ten shares of common |
stock. $4,000; and Wallace E Call. |
Mount Auburn, Iowa, ten shares of |
common stock, $4,000.
Thus done and passed in my office |
IN the day, month and year first above |
written, in the presence of AZZo j. |
Plough and Irwin a. Boyer. competent |
witnesses. who have signed with the
PARTIES and me, Notary, after reading |
he whole.
(Signed) Azzo ]. Plough. Irwin A.
3eyer. Alfred J. Moore, Charles Carroll. |
Bert T. Mowbray. w. Z. Call. (Signed) |
henry G. Mccall, Not. Pub. (SeaD.
Certificate of Recorder: /, the I'M |
lersigned Recorder of MORTGAGES in and |
or the Parish of Orleans. State of |
louisiana, do hereby certify that the
lbove and foregoing act of incorpora-
ion of The st. Charles Development
company, Incorporated, was this day
July recorded in my office. in Book 1857.
olio =. New Orleans, April IS. 1915.
SiSned) Emile ]. Leonard, Dy r.
Certificate of Notary: |. Henry
ieorge Mccall. Notary Public in and
or the Parish of Orleans. State of
louisiana. do hereby certify the above
nd foregoing to he a true and correct
opy of the original act of incorpora-
ion of The st. Charles Development
company. Incorporated, together with
he certificate of the Recorder of Mort
ages thereto appended, the whole on
lie and of record in my notarial office
n witness whereof, l have hereunto set
ny hand and affixed my official seal
his 18th day of April, 1915. (Signed)
Ienry G. Mccall. Not. Pub.
nriI No.