The herald. [volume] (New Orleans, La.) 1905-1953, 1915-08-26

poration, to act as his proxy on said Board
and exercise for the time being all the DOW.
ers of such directors
Three o. directors shall constitute a quo
rum for the transaction OF business The
said Board of Directors shall make all hy-
laws, rules and regulations for the govern
ment Of the business and affairs of the Com
pany, and alter amend and change the same
at pleasure. They shall have power to buv.
sell, mortgage, pledge and lease any and all
property, real, personal or mixed, whenever
in their judgment they may deem such acts
necessary and proper; TO issue authorize
the issuance of obligations or assume the
same; to make all necessary leases, sub
leases, contracts and agreements; hire, en-
poy and discharge all officers, clerks, agents
and employees, and to FIX all salaries and
compensations, and generally to do all things
necessary for the transaction Of the business
and affairs Of the corporation
Article NI.-The officers Of this corpora
ton shall be a President, Secretary and a
Treasurer, and the same person may be
Secretary and Treasurer and said Secretary
may or may not be a stakeholder and shall
be elected by the Board of Directors: but un-
til the election of directors to be held on the
second Monday in June, 1916, David Pokorny
Mrs. Rosa 7. Adler shall be Secretary and
Treasurer and shall hold said respective Of
fees until their successors shall be elected
and qualified
be altered and amended bS vote of the ma
jority in amount of the capital stock, or said
corporation may be dissolved by a vote of
two-thirds (2-0 in amount of said stock. at
general meeting of the stockholders, con-
vened for that purpose. after fifteen O6 days
previous notice of such meeting shall have
been published in one of the daily newspa-
pers of the city OF New Orleans and copy
of said notice mailed by registered lette. to
each shareholder at his last known residence.
Article VIII-Whenever this Companr
may be dissolved by expiration OF its char
ter, or sooner. by vote Of the. shareholders,
two ~ liquidatOrs shall be elected by the
shareholders at general meeting OF the
shareholders. held as above provided. These
liquidators shall continue in office until the
full liquidation of the corporation, and in
case Of the death Of either of them the share
holders may elect successor, or II they do
rot elect successor, the power OF both liquI-
iators shall be vested in the surviving Hqui-
dator.
Article IX.-No stakeholder of this corpo-
ration shall ever be held liable or responsible
for the contracts or faults or this corporation
in any further sum than the unpaid balance
due to the corporation on the shares owned
by him; nor shall any mere informaity In
organization have the effect OF rendering this
charter null, or of exposing n srockholder 10
any liability beyond the amount Of his stock.
Thus done and passed at the city of New
Orleans. on the day, month and year herein
Louis Pichetto and L. A. Morphy, COM
petent male witnesses, who hereunto sign
their names with the said appearers and me,
Notary. after due reading OF the whole.
0'" DAVE PoKoRNY AND OTHERS.
LOUIS PICHETTO.
L. A. MORPHY.
(SeaD Notary Public.
New Orleans. La, July 70, 1915.
I, the undersigned, Recorder of MORTGAGES;
in and for the Parish of Orleans, State OF
Louisiana, do hereby certify that the above
and foregoing charter of the "Pokorny Es'
tate. Incorporated" was this day recorded in
nv Office in Book No. 1lS7, folio No.
EMILE LEONARD, by. Recorder
I certify the above and foregoing to be
true and correct copy of the original act OF
incorporation of Pokorny Estate, Incorporated
together with the certificate of the Recorder
of Mortgages thereto appended, and on hie
in nv notarial Office.
- my w. MORGAN GURLEY,
(SeaD Notary Public.
! Tuly 22-2o Aug 5-l2-1o-26