The herald., 1915-09-02

corporation unless recorded on its books.
The capital stock of this corporation NAV
| be increased TO the sum of fifty thousanc
tS5O,OOOO0) dollars.
Article N.-Al Of the corporate powers OF
, said corporation shall be exercised by board
| OF directors, consisting Of three stockholders
/ two OF whom shall constitute a quorum FOR
/ the transaction OF business. The board of
/ directors shall elect annually from among
/ their number a president and general mana
ger, a vice president and secretary treasurer.
! Inc board OF directors shall appoint from
/ TINE 10 tune such officers and clerks and
/ agents and employees as they NAV deem nee
/ essary Tor the purposes and business OF the
corporation, who shall hold office Al the pleas
ure Of the board said board may make alter
and amend any and all bylaws and rcgula-
| tons proper for the conduct and management
OF the business and affairs Of the corporation.
! The board OF directors shall have power to
/ apply the prohtS OF the corporation 70 the pro-
motion OF the business and affairs thereof or
10 the declaration OF dividends or to both OF
such purposes, If such profits shall be sut.I-
Gent to that end.
The following persons shall constitute the
first board OF directors:
SIe5randt J. Dunn, who resides at S025 South
Claiborne Avenue, New Orleans, Louisiana:
Jules /. SabrIer, who resides at S33 Louisiana
avenue, New Orleans, Louisiana; and Edward
). Reach, who resides at 1850 Joseph street,
New Orleans, Louisiana; with the said Sic
brandt J. Dunn president and general man
agtr' Jules /. SaorIer as yicc-president, and
Edward :. Reach as SeCretary-treaSurer
The annual meeting OF stockholders Of this
corporation for the election OF directors shall
be held on the first Wednesday IN August, OF
each year, and the directors now chosen 10
represent tins corporation shall hold their
offices until the first Wednesday in August,
lylo, or until their successors are duly elected
and QuaIIued. In case vacancies occur during
the year, same shall be filled by the remaining
directors or director.
Article NI.-Wheuever this corporation may
be dissolved, either by limitation or from any
other cause, ITS affairs shall be liduidated by
three commissioners to be appointed from
amongst the stockholders at a general meet
ing OF stockholders called for such purpose
and notice OF which shall be given in the
manner and time provided for stockholders
meetings by Article IN OF this charter and
a two-thlrdS majority in amount OF the cap.
ltal stock OF SAID corporation, represented at
such meeting, shall be requisite to elect. Said
commissioners shall remain in office until the
affairs Of the corporation shall have been
FULLY lqudated. In case of death OF one or
more OF said commissioners, the vacancy shall
be hlled by election OF the surviving com.
mISsiOners.
Article NII.-No subscriber for stock shall
ever be held liable for the contracts faults
or debts OF said corporation in any further
sum than the unpaid balance, if any, due the
corporation on the stock for which he has
IN organization have the effect of rendering
tins charter null. or rendering any subscriber
or stakeholder liable beyond the unpaid
amount, II any, remaining due on his stock.
Article EllI.-Ihis corporation is organized
under the laws OF the State of Louisiana, and !
especially Act No. 2o7 of 1914, and the sub |
scrIberS hereto, for themselves and said cor |
pordtlon and for its officers, directors and |
hereby accept, part OF this |!
charter, and as conditions of this incorpora- |
ton, all the rights, powers, privileges and |
lnmunites granted to corporations, and grant |
ed 10 and conferred upon officers, directors |
ana stockholders OF corporations, by said laws
and said act-such acceptance being as full |
complete and binding as if said rights, pow.
ers, privileges and immunities were set forth !
at full length in this instrument.
Article IN.-This charter may be modified |
changed or altered, or said corporation may
be dissolved with the assent Of stockholders
owning two-thirds of the entire capital stock
at general meeting of the stockholders con-
vened TOR that purpose, after fifteen days
notice shall have been given to each stock
holder, mailed to his last known address.
Article N.-The subscribers hereto have
respectively written opposite their names the
amount OF stock in this corporation subscribed
Tor by each of them, so that this act OF in
corporation may also serve as the original
subscription list of said corporation
Thus done and passed, in my notarial Office.
At the city of New Orleans, aforesaid in the
presence of Ferdinand f. thinner and Walter
3. Hamlin, competent witnesses of lawful age
md residing in this city, who hereunto sub
scribe their names, together with said par
les and me, notary, on the day and date
et forth in the caption hereof.
Original Signed: s. J. Dunn, 90 shares,
O24 ). Claiborne Street, New Orleans; E s.
Reach, | share, 1896 Joseph Street, New Or.
cans; Jules /. Sabrier, l share, S53 Louisiana
I'VE, New Orleans.
Witnesses: Ferdinand E. thinner, w. B.
famln.
W. W. YOUNG, Not. Pub.
/, the undersigned recorder of mortgages.
n and for the parish of Orleans, State of :
,ouislana, do hereby certify that the above
nd foregoing act of Incorporation of THE {
J. Duhn Shipping Co., Inc" was this day
uly recorded IN my Office, in book ll57, | 7
bio 4O5. New Orleans, July 20 1915.
(SigneO EMILE J. LEONARD, D. R. a
A true copy of the original. !
(SignedJ w. W. YOUNG, Not Pub. t
ug II 70 % sept ? 9 r