The herald. [volume] (New Orleans, La.) 1905-1953, 1915-01-14

IN ms name on the books of the cornoratio,
anu may be cast either in person or bv dnly
authorized proxy, and majority OF the votes
the h SaaiI elect. Any vacancy occurring in
DHodId OF directors shall be filled by the
remaining directors for the unexDired tern,
htiCIT Wall meetings of the stockhoId.
.Ie Shali be called by written notice. mailed
brIe last known address OF each stock
I dotuei, nor less than fifteen days before the
GATE iiXed for such meeting, unless said no
s,ce mas been waived in writing by the
stockholders. - '''
Article Widths act Of incorpo-at;on NAV
1e amended, modified, changed or altered or
uIIs corporation may be dissolved, with the
assent OF the stockholders holding and own.
,ns TWO thiTds OF the capital stock thereof
VINO may be present or represented al
general meeting of the stockholders. con-
ven, reneq LOT that purpose, and Of which due no.
uSe has been given.
whenever this corporation shall be dis.
sCIVed' either by limitation or from auy
OtheT cause, It's affairs shall be Inundated by
'HIee commissioners to be selected Tor thar
purpose from among the stockholders at
meeting OF the stockholders convened for such
purpose; said commissioners shall remain in
once until the affairs Of said corporation
shai! be fully and finally liquidatei ANY
vacancy occurring among the liouidatorS
ON any cause whatsoever, shall be filled by
me remaining commissioners Said liduidat0rs
snail exercise all of the rights conferred mon
mem by law, and they are especially en-
powered TO settle the affairs of said corDora-
non, TO collect the outstanding debts sell
ara convey the property, pay its debts and
divide the remaining money and property
among the stockholders
Article NIll.-No stakeholder shall ever be
liable or responsible for the contracts or
faults OF this corporation in any further sum.
IMAM the unpaid balance due by him on the
SnaTeS OF stock subscribed to, or owned hv
MIN; nor shall any mere infOrmality in the
organization of this corporation have the
effect Of rendering this charter null, or OF
exposing any stakeholder 10 any further
han he -
be due on his stock subscription.
Article IN-The subscription of Never
ElSeman to nifty $50 shares Of the stock OF
thls corporation is covered by the transfer
by MN to this company on this date, OF all
ms rlght, title and interest in and to two
certain contracts entered into between the
said Elseman and the Brown Tube Distrbu.
tors, H. d. Selleck, Proprietor, on the 5lst
day OF October, 1914, in which said contract
the SAID ElSeman is given the sole and ex-
elusive right TO handle and sell in the states
OF North Carolina, South Carolina, Tennessee,
kentucky, Arkansas, Georgia, Florida, Ala.
bama, Mississippi and Louisiana, the goods
wares and merchandise made and manufac-
tured by the said Brown Tube Distributors
H.. d. Selleck, Proprietor.
And the said board of directors have ap-
praised the SAID contracts at the sum of FIVE
thousand (S5,OOOOO) dollars, and they author
ize the lncorpOrators of this corporation TO
issue full paid and worcestershire stock 10
the said Eiseman in the said sum of five
thousand CS5,OOOOO) dollars in payment to
the said Eiseman for the sale and transfer
10 tins corporation OF the said contracts held
by him with the said Brown Tube Distribu-
tors, II. d. Selleck, Proprietor, as aforesaid
The valuation of said contracts has been &C
guessed Ill, and agreed to, by all of the
stockholders, as fair and equitable appraise-
ment
Article X-The subscribers hereto have
respectively written opposite their names the
amount Of stock subscribed for by them, SO
that this act may also serve as the original
subscription list of this corporation, and they
have also stated their postofice addresses.
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 David Sessler ard VIM. +. Surgi, Jr.,
witnesses, who have signed their
names with said appearers and me, notary,
after due reading of the whole.
Original signed: Meyer Eiseman. 2l6 Ba-
rome St, New Orleans, La; NJ. Perry Bous- |
log, sos Baronne Street, New Orleans, La. |
Jno. l.. CorCoran, go s. Galvez Street New
Orleans, La. David Sessler. VIM. F. Surgi, |
Jr. II. MICHEL, Not. Pub.
/, the undersigned recorder OF mortgages in |
and for the parish of Orleans, state of Lou |
lsiana, do hereby certify that the above and |
foregoing act of incorporation OF the Brown |
Tube Company, Inc, was this day duly re-
corded in my office, III book III, folio ol0.
New Orleans, November 18th, 1914.
(Signed) EMILE J. LEONARD, by. r. |
State OF Louisiana, Parish of Orleans.
|, Herman Michel, notary public in and for |
the parish of Orleans do hereby certify that |
the above and foregoing in true and correct |
copy OF the act OF Incorporation OF the Brown |
lube Company, Inc, the original OF which Is |
'r file and Of record in my notarial office.
In faith whereof, witness my hand and |
sea- this 5rd day OF December, 1914.
ii. MICHEL, Not. Pub.
dec 10 Il "A 81 jan a