The herald., 1915-07-15

Second: The preference, option and right
of purchase heretofore vested by paragraph
first in the other shareholders shall exist IN
full force and effect in their favor to acquire
the shares Of stock of deceased stakeholder,
and the formaities and course OF procedure,
the terms, conditions, stipulations and delays
hereinabove established in said paragraph
shall apply in all respects to the procedure to
be followed in case OF death. Immediately
upon receipt of information of the death of
any shareholder. II shall be the duty of the
board of directors to cause the necessary steps
to be taken to carry out and enforce these pro-
visions
Third: The preference, option and right Of
purchase hereinabove established shall run in
favor Of eafh shaTeh2ldeE, Of IeeoTrd for his
| other shareholders provided that the owner.
| his widow, heirs or legal representatives as
the case may be, shall not be obliged to de.
| liver SAID stock unless the offers to purchase
| the same shall include and cover the entiretv
OF the offerings under paragraph first or all
OF the holdings under paragraph second
| Fourth: All certificates of stock shall bear
upon Their face brief reference TO the rights
| ers.
| Article lN.-All the corporate powers shall
he vested in and exercised by a board of
directors composed of three stockholders, the
| majority OF whom shall constitute a quorum
Tor the transaction of all business. The board
OF directors shall be elected annually bv the
| stockholders at meeting to be held for that
purpose on the third Tuesday of March. OF
each year. The directors thus elected shall
/ continue IN office for one year and thereafter
until their successors are elected and ouali.
ned; Any vacancy occurring on such board
! sHaI De hlled by the remaining directors for
| the unexpired term "
| Any director may appoint by written ;,st-,,-
ment another director or stakeholder TO act
as MS proxy and in his stead at any and all
meetings OF the board of directors.
| AT us hrst meeting after election the
| directors hal
NUMBER president, vice-president and A
| secretary-treasurer. Said board shall have
the night to appoint and dismiss such mana
gers, clerks and other employees of the cor
Poraton as conditions may Justify or the
| business of the corporation require The
| tenure of Office of all the EMPLOYEES of the
| corporation shall be during the pleasure ~
tne board OF directors. Until the election to
ne heid on the twenty first day of March
l9lo, the following named shall constitute the
hTSt board OF directors, to-wit:
Ernest Lee yahncke, whose post Office adj
Dress IS 1923 Palmer Avenue, New Orleans,
address is No. Audubon Place. New Or
leans, Louisiana; and Walter +. Jabncke.
whose post office address is Sl4 Howard Ave.
nue., New Orleans. Louisiana.
,b [i ,,,.I N.LMeetings of stockholders for
the purpose of election or any other purpose
may De held upon fifteen days notice sent
Dy man or delivered, and delivery of such
nolSS IN person or at the residence of a
.SI-'i shdll DC Sufhclent for all pur-
poses; such meetings may be held at anv
tlihe or Place by unanimous consent and with
Out Houce. Any notice required by this
charteT or by any law of the State NAV he
~ ssd i anu such waiver shall be in writing
ana incorporated into the minutes Of anS
ihg1eetlng held under such waiver.
me stock OF this corporation has been sub.
scrlbed follows: NO
dime Finest Lee Lee, Iahncke. whose post Office ad
4fess Is 1923 Palmer Avenue, New Orleans
La, 20 shares; Paul F. Jahncke, whose Sos;
once address is No Audubon place HeSr !
orleans, La, 20 shares; Walter F. Tabncke
whose ',,o post Office address is sl4 Howard Ave,
nue., New Orleans, La, 20 shares.
Article NI.-At the dissolution Of ,b;s oor
pTIall9h me Iiguidators to be then and there
.Ieeteu IN ADDITION to the powers conferred
upon ui,,L mem by the laws of this State, may be
authorized to sell the property Of the Co.
poration in whole or in block and 70 rece;,.
IN payment therefor the bonds or stocLs 80
any other corporations. They NAV also he
liutthori5ed to compromise, arrange and adjust
1eots que by or to the corporation
Article VII.-The entire eap;tai s,o,r, Il
paid. anu iuliy
Thus done and passed in my Office on n.
-ihns' month ana year first above written, in
,he presence OF Abraham L. Greenwald and
loseph L. Weiss, competent witnesses, who
ave signed with the appearers and mi. tbe
notary, after reading the whole. ZIG
orlginSi signed: Ernest Lee .Jahncke. Wal.
ireenwaid. J 4 + W TaH, +. Jahncke. A. L.
FELIX J. PREVIOUS, Not. Pub
l. the undersigned recorder of mortgages
or 2. the ne parish OF Orleans. do hereby certify
tion Of the "yahncke Service. Incornora,ed"
vas ms day duly recorded in nv Office in
o ook llS7, folio -. New Orleans. July e
ssisned) EMILE J. LEONARD, by. R. NJ.
A true copy of the original act
A4 Carondelet Street, New Orleans,
9eai FELIX J. DREYFOUS, Not. Pub. ,