The herald. [volume] (New Orleans, La.) 1905-1953, 1915-07-01

| effect of rendering this charter null or of
| exposing any subscriber or stakeholder to any
| liability beyond the unpaid balance, if any,
! due on the shares subscribed for owned by
/ him.
: Article VII.-This act of incc -poration may
! be changed, modified, or altered, or said cor
poratIon may be dissolved, with the assent of
/ the holders OF two-thlrds OF the stock OF the
corporation, whose owners are present and
represented at a general meeting OF the hold
ers OF stock, after at least thirty days writ
ten notice OF such meeting has been given
through mail, addressed to each stockholder
al AIs place Ot residence, as shown on the
books OF the corporation.
In case Of dissolution, whether by the ex-
p!ratiOn OF this charter or otherwise, the hold
ers OF stock shall elect three HquIddtOrs from
among their number, to Hquldate and settle
the business and affairs OF said corporation.
In case OF death or disability OF any OF SAID
/ lIquIdatOIs, tn. SURVIVORS, or the TemaIuIJ :
hquIdatOrS, shall appoint q successor 10 such
nqU GATOR. SAID hquIdators are hereby given
Iul' power, either Uy court or law proceed.
Iugs, OF without such proceedings, as they
. shall elect, to collect all amounts due the
corporation, sell or otherwise dispose OF rs
, assets, pay lis debts and liabilities, and COM
promise and settle all disputed questions ard
matters; and shall have and exercise all
other powers necessary and usual TO fully
and hudlly settle, wind up and AquIddte all
the business and affairs OF the corporation,
and distribute ITS net assets or funds among
ITS stockholders IN accordance with their re-
speCtive rights.
Article NIII.-The names Of the first board
Of directors and their post office addresses arc
As follows: James T.. Bowling, New Orleans,
La; John ". Wood, New Orleans, La;
George ". Martin, Arab p. o., La; an /
George ". ketterIngham, New Orleans, La.
The said board vi directors, with saI.l
James L. Bowling president and said
George ". Martin as vice. president, and with
said John w Wood "a secretary and treas
urer, shall serve until the election to be held
on the Thursday following the hrst Monday
. IN January, 1910, and until their successors
shall be elected.
The names and post office addresses OF the
subscribers hereto and the number Of shares
which each agrees to take IL the corporation
are as follows, viz: James i. Bow ling, New
Orleans, La, nine hundred and Hlncty-sevcn
shares Of stock, Sy,IUJDy; John ". Wood.
New Orleans, La, one share OF stock, $1,000,
/ George ". Martin, Arab L. O., La. one share
OF stock, $1,000; George ". kctterInghdm,
New Orleans, La, one share Of stock, SlOO.OJ.
Article IN.-lt is hereby agreed and I'M
derstoOd by and between the incorporates OF
this company that the said James l.. Bowling
shall return to the company ninety-seven
shares Of the stock 50 subscribed by him,
, which stock shall be known as '-IreasuIy
Stock and shall be used by the bOaTi u
directors as security Tor obtaining funds nee.
eSsary Tor the operation of said company.
Thus done and passed in my Office the
day, month and year herein FIRST above VIII
ten IN the presence of MessrS. Azzo J. rIougn
and Irwin \. Boyer, competent Witnesses,
who have signed with the parties ana me,
notary, after reading the whole.
Original signed: James +. Bowling, J. ~.
Wood, George ". Martin, per J. ". Wood,
Geo. W. ketlerIngham, Henry G. Mccall, not
Pub. Azzo J. Plough, Irwin A. Boyer.
CERIIFICAIr.
!, the undersigned recorder Of mortgages IN
and for the parish OF Orleans, state OF Lou.
isiana, do hereby certify that the above ana
foregoing act OF Incorporation of the Bowling
! Torpedo Dredge Company, incorporated, wa,
this day duly recorded III my office, in book
ll57, folio --. New Orleans. June II, 1915.
(SIgned) EMILE ]. LEONARD, by. II.
do hereby certify the above and foregoing
to be a true and correct copy Of the orIginai
act OF Incorporation of the Bowling Torpedo
Dredge Company, Incorporated, together with
the certificate OF the recorder OF mortgages
thereto appended
In witness whereof, hereto annex my hanu
and seal 81 this the 18th day of June, 1913
| HENRY q. MCCALL, Not Pup.
! june "A july l Is p %