The herald., 1915-09-16

| corporation unless recorded on its books
/ The capital stock OF this corporation NAV
| be increased to the sum of fifty thousand
(SS0,OUuC) dollars.
Article V.-All Of the corporate powers Of
said corporation shall be exercised by a board
| OF directors. consisting Of three stockholders,
two OF whom shall constitute quorum 10:
/ the Transaction of business. The board %.
directors shall elect annually from among
their number president and general mana
ger, wee pres Ideut and secretary -treaSu.cr.
! he board OF directors shall appoint from
time to time such ofnCers and clerks and
/ agents and employees as they may deem nee
essary Tor the purposes and business OF the
corporation, who shall hold office AZ the pleas
# the board. said board may make. alter
and amend any and all bylaws and regula-
tons proper for the conduct and management
OF the business and affairs OF the corporation.
J The board Of directors shall have power to
apply the profits Of the corporation TO the pro-
motion OF the business and affairs thereof, or
to the declaration of dividends, or 10 beth OF
such purposes, II such profits shall be sufiI-
Gent 10 that end.
The following persons shall constitute the
first board OF directors
SIebTandt J. Dunn, who resides at S025 South
Claiborne Avenue New Orleans, Louisiana
Jules /. Sabrer, who resides at $50 Louisiana
Avenue, New Orleans, Louisiana; and Edward
:. Reach, who resides at 1880 Joseph street,
New Orleans, louisiana; with the said Sic
| brandt J. Dunn as president and general man
agcr, Jules l.. SdbrIcr as vicc-presldeut, and
| Edward = Reach as secretary treasurer.
The annual meeting Of stockholders Of this
corporation Tor the election OF directors shall
be held on the first Wednesday in August, st
! each year, and the directors now chosen TO
represent tins corporation shall hold their
Offices until the urst Wednesday IN August,
| 1910, until their successors are duly elected
and qualified. In case vacancies occur during
! the year, same shall be allied by the remaining
| directors or director.
Article NI.-Whenever this corporation may
| be dissolved, either by limitation or from any
other cause. its affairs shall be hquidated by
| three commits toner's to be appointed from
| amongst the stockholders at 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 10y Article TX Of this charter, and
| a two-thlrd> majority IN amount OF the cap
| ltal stock Of said corporation, represented al
| such meeting, shall be requisite to elect SAID
| commits SlOuCrS shall remain in Office un.ll the
| affairs Of the corporation shall have been
! fully hquidated. In case of death u one OF
more Of said commissioners, the vacancy shall
| be hilcd by election OF the surviving com
| miSSioners.
1 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, II any, due the
! corporation the stock for which he has
/ subscribed. nor snail any mere lniOTmdllty
! in organization have the effect Of rendering
this charter null. or rendering any subscriber
or stOckhOldcr liable beyond the unpaid
amount, If any, remaining due on his stock
Article NIII-This corporation is organized
/ under the laws OF the State OF Louisiana, and
especially Acr No. POI of 1914, and the sub,
| scribers hereto. for themselves and said cor,
| poratIOn and Tor its officers, directors and
| stockholders, hereby accept, as part of this
! charter. and as conditions. of this incorpora
| ton, all the rights, powers, privileges and
| ImmunItIcs granted to corporations, and grant
/ ed to and conferred upon officers, directors
/ and stockholders OF corporations, by said laws
| and said act-such acceptance being as full
| complete and binding a. if said rights, pow,
/ erS, privileges and ImmunItIes were set fortl
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 a general meeting OF the stockholders con
vcncd for that purpose, after fifteen days
| retCc shall have been given to each stock
| holder, mailed TO his last known address
| Article N.-Thc subscribers hereto have
| amount of stock IN TINS corporation subscribed
| for by each of them, 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 ItIullldlll LliINutI anu W dlltl
| B. lIamln, competent witnesses Of lawful age
and residing in this city, who hereunto sub
scribe their names, together with said par
ties and me, notary, on the day and date
set forth in the caption hereof.
Original Signed: S. J. Dunn, % shares
5O24 :. Claiborne Street, New Orleans; f. s.
Reach, l share, 1886 Joseph Street, New Or
leans; Jules L. Sabrier, l share, S55 Louisiana
Ave, New Orleans
Witnesses: Ferdinand f. thinner, w g.
Hamlin.
w. w. YOUNG, Not. Pub.
|, the undersigned recorder of mortgages.
in and for the parish of Orleans, State of
Louisiana, do hereby certify that the above
and foregoing act of Incorporation of The
! s. ]. Dunn Shipping Co., Inc.," was this day
duly recorded in my office, in book ll57,
fslio 4O5. New Orleans, July % 1915
(Signed EMILE J. LEONARD, D. R.
A true copy of the original.
(Signed) w. w. YOUNG, Not. Pub.
aug II 10 % sept 2 9