The herald., 1915-01-07
MONEY TO LOAN.

last known address or by publication in one
OF the daily newspapers published in the Eng
iSh language IN the City of New Orleans.
for at least 10 DAYS preceding such election
Once until their successors shall have heer
duly elected and qualified. No failure IN
eject snail be regarded as a forfeiture of this
charter. Any vacancy occurring on SAL Board
OF Directors shall be filled by the remaining
| directors for the uneXpred term. Said Board
OF Directors shall, at its first meeting after
| us election, elect from its members a Pres.
| ldent, one or more Vice Presidents Sec
rotary, Treasurer, and Manager 1t NAV
| combine the office of Secretary and Treasure
! INTO one and may even elect Secretary who
} need not be a stakeholder or director Said
| Board OF Directors shall have the right and
| power to appoint and dismiss such clerks
| ana employees OF the corporation, including
me secretary who is not a stockholdcr or
| director, as conditions may Justify or tbe
business OF the corporation may require The
tenure OF office of all the EMPLOYEES of the
ToI PoIdIIoi' shall De during the pleasure of the
| board OF Directors. The Board of Directors
may from among its members appoint an Ex
ecutlve Committee, which said committee
sndil consist OF three go members, including
one OF the officers OF the corporation, and the
Board OF Directors may delegate such mana
gerlal powers as II deems necessary TO the
. EXECUTIVE Committee, which said committee
shall report each meeting of the Rcd IS
Directors. The said Board of Directors ma,
name and appoint such otner committees as
II may deem necessary for the purpose of the
BUSINESS OF lllS corporation.
Article Vino stakeholder shall eyer he
held liable or responsible for the contracts
iaults or debts Of this corporation, nor shall
any mere iniormality in its organization have
the effect o. rendering this charter null. or
OF exposing its stockholders to any liabilitv
beyond the unpaid balance due on the shares
OF stock owned by them
article Nll.-Ihls act of Incorporation NAV
oe changed modified or altered, or this cor
poratlon may be dissolved with the assent of
.ne stockhoiders owning two-thirds OF the is
s sIued stock OF the corporation at a meeting OF
the stockholders convened for that nr-Soe1 |
ana after notice shall have been given 10
each OF said stockholders as provided for in
article Of this act of incorporation excont
ofdt whenever IN the judgment of the Board
OF Dlrectors 1t shall be deemed advisable
ana Tor the benefit of said corporation. that il
should be dissolved the Board within ten
~, ~, Gays after the adoption of a resolution to
tldt eIieCt, by majority OF the whole Roard
at meeting called for that purpose Of uhicb
meeting each director shall have received ~ |
ieast three % days notice, shall cause no.
1911 .ne ADOPTION OF such resolution TO be
nailed TO each stakeholder, together with a
notice OF a meeting of the Stockholders 10 he
Held al the office Of the corporation 70 ,aLa
nRG a9 upon the resolution so adopted by the
board OF Directors. In case of the dissolution
OF this corporation by the expiration OF is
charter or otherwise, the stockholders shall
eject three 90 liguidatcrs from among their
tnoIity to lquidate and settle the business
ana affairs of the company. In case of deatb
or inability of any Of said liquidators, the
survivor sur or survivors shall appoint success. |
50, or successors to him or them
article NllI.-Until the election to be held
on ei,, the second Monday Of February 1915. the /
fIoIIow,ng stockholders shall constitute the |
Herbert A. Movers and John r. Perez. with
t Ine said Burrls w. Schneidau as President
Il leTt A Movers as Vice. President and
respective addresses being $50 Nasbv;Iis A.
~ Hibernia Building, and us Hiberni.
building, all New Orleans, La.
article lX:-The subscribers hereto have
MLlrlen opposite their respective names the
amount of stock in this corporation subscribed
r. nus done and passed, in my office at the
City OF New Orleans, on the day, month and
year herein above first written. in the me-
enee OF Donat o. Wyatt and VIM. F. ConkeT.
ION, competent witnesses, who have hereunto
Stsneu 'ness presents, together with said ap-
Of the whole. "u'"s