The herald. [volume] (New Orleans, La.) 1905-1953, 1915-02-11

Oh SUCH election shall have been given 10 each
sdS.oer oy mail sent to his last known
da us n or by publication for at least ten
daily English Newspapers publisbed in t the
ny OF New Orleans. The directors thus
elected shall continue in Office for one yra,
III uht,i their successors shall have been duly
elected and qualified. No failure TO hold an
Erected shall be regarded as forfeiture of
ms ms CHARTER: Any vacancy occurring on said
BOARD OF Directors shall be filled by the re-
Ss;d ny directors for the unexpired term.
Sald Board of Directors shall likewise elect
the additional members in case they should
determine to increase the number of the BOARD
as above provided. Said Board shall, at its
'rSI meeting, elect from among its number
President, a Vice President. a Secretary
ana treasurer. 1t may combine the two
last mentioned Offices into one and may even
IIeCt secretary who IS not stakeholder OF
IirectoT. Said Board of Directors shall have
the right TO appoint and dismiss such clerks
managers and other employees of the corpor-
alton; including the Secretary who is not a
;; ,'o. or director as conditions may
JUSTIFY or the business of the corporation may
require. The tenure of Office of all EMPLOYEES
OF the corporation shall be during the pleasure
OF the Board of Directors.
article vi. No stakeholder shall ever be
held liable or responsible for the contracts
faults or debts of said corporation, nor shall
any mere intormality in its organization have
me effect OF rendering this charter null, or
OF exposing a stakeholder to any liability
beyond the unpaid balance due on the shares
of stock owned by him.
Article VII This act of incorporation may
be changed modified or altered, or this cor
poratIon may be dissolved in accordance with
the provisions of Sections No. and u of
Act No. 2o7 OF the General Assembly of the
State OF Louisiana for the year 1914. In the
event OF the dissolution of this corporation by
the expiration of its charter, or Otherwise, it
business and affairs shall be wound up by
three lIquidators to be elected by and from
among the stockholders at the meeting which
aNA 81 1eg,.,, Kill
have full power and authority TO settle all
the business and affairs of the corporation.
In case of the death or inability OF any OF
SAID liquidators, the survivor or survivors
shall appoint a successor or successors TO
HIM or them from among the stockholders.
Article VIII. Immediately after the signing
OF this act OF Incorporation the stockholders
shall elect from among their number Pre-
sldent, Vice President and a Secretary
Treasurer, who shall hold office until the
election to be held in February 1916.
Thus done and passed at my Office in the
City of New Orleans. on the day, month and
year, herein first above written, in the pres
ence OF Theodore A. Beck, and Miss Odile
| MussOn both of this City, competent witnes-
| ses who have hereunto signed their names
with the said Appearers and me, Notary, after
| due reading OF the whole.
T. A. Beck. Odile Musson,
| J.. +. Pierce, Milwaukee, Wis, per E. w
| smith, Two hundred ninety eight shares
| a. T. Wright, Milwaukee, Wis, per f. W
| Smith, One share; Z. w. Smith, New Or
| leans, La, One share.
ROBERT LEGIER, Not. Pub
l, the undersigned Recorder of Mortgage:
in and for the Parish of Orleans, State o.
| Louisiana, do hereby certify that the above
| and foregoing act OF Incorporation of tht
| PIERCE INVESTMENT COMPANY, IN
| CORPORATED, was this day duly recorded
| in my Book, ll27, folio.-
/ New Orleans, La, January 18th 1915.
| EMILE J. LEONARD, by r
! A true copy from the original act.
ROBERT LEGIER, Not. Pub
| Revenue Stamp
Jan. l+-2l-2S. Feb. 4-ll-lS.