The herald., 1915-10-28
TIL E III Err AID

to the last known address of every stock
holder shall be given of all elections.
| The directors thus elected shall continue
| in Office until the second Monday of Septem
| Der, 1916, or until their successors shall have
been elected and qualified; any failure to
elect officers or directors shall not be consid-
cred as forfeiture Of this charter. Any va
cancy occurring in the board OF directors shall
| be filled by the remaining directors for the
unexpIred term. 4 majority of the stock
holders at meeting shall constitute a quo
| rum for the transaction of any business.
Said board of directors shall, at its first
meeting after its election. elect out of its
own members a president, a vice pres dent
and seCretary-treaSurer; and said board
shall have the power in its discretion to unite
two more officers, the same TO confer upon
one person. Said board shall have the power
to appoint and dismiss such officers agents
clerks and employees as they may deem ad-
visable and to fix their compensation.
Said board Of directors specially vested
with the power and authority to mortgage or
pledge the property, real, personal and mixed
Of the corporation as they may deem fit and
prorcr; to purchase, hold. own, mortgage,
pledge, lease and dispose Of real estate i'm
proved and unimproved, city and country; to
execute mortgages, issue notes bonds and
other evidences of debt, and to borrow and
lend money on same to and from individuals,
firms and corporations, at such times. for such
prices and upon such terms and conditions.
as they may deem advisable This power TO
buy and sell, mortgage, pledge and dispose D:
property, real and personal; TO borrow and
lend money, execute mortgages, notes, bonds
and other evidences Of debt. and all powers
herein granted 10 said board OF directors. is
to be exercised by them without the necessity
of referring to the stockholders OF the cor
poratlon for special authorization.
Said board Of directors shall make all the
rules. regulations and by laws for the Eov-
erITent, control and management Of the 1usi-
ness and affairs OF the corporation, and
alter, amend and change the same at pleasure.
The following stockholders are hereby de
clarcd 10 be the first board II directors 81
this corporation, all OF whom shall hold Office
until the second Monday of September 1910,
or until their successors shall have been
elected and qualified. Louis G. Carvalho. SIC
state street, New Orleans, La; Alexander {.
St Marc. 1910 Uppcrlnc street. New Orleans
La; George +. WIegand, 2Ol+ Canal street,
New Orleans, La.
Until the second Monday Of September.
1910, or until their successors shall have been
elected aud qualified. the following named per-
sons are hereby declared to be the officers
OF tins corporation: Louis {. CarvalEo, Tres.
Ident; Alexander {. St Marc. vice pr ,sident;
George +. Wiegand. secretary treasurer.
Article NII.-No stakeholder shall ever be
bold liable or responsible for the contracts
or faults of said corporation in any further
sum than the unpaid balance due on the
shares of stock owned by him nor shall any
mere InfoTmality in organization have the
effect of rendering this charter null or ex-
posing a stakeholder to any liability beyond
the amount of his unpaid stock, nor shall any
intcrmalIty or irregularity in organization
ever have the effect of rendering any stock
holder liable as partner.
Artlclee Nlll-ThIs act of incorporation
shall be changed, modified or altered or this
corporation shall be dissolved. with the as
sent Of two-thrds Of the stock Of the cor
meeting called for that purpose, after prior
notice IN writing to each stakeholder or
mailed to him at his last known post office
address. in accordance with the terms of Act
267 of 1914
At the expiration of this charter. or the
earlier dissolution of this corporation for any
cause, its affairs shall be liquidated by one
or more liquidators to be elected by the
stockholders, all of whom shall hold stock in
said company and the said commissioners
are hereby vested with full power and au-
thority to lquidate the affairs of said com
pany IN accordance with the terms of Section
2D OF Act 267 of 1914
Article lN.-The appearers hereby declare
that they have subscribed to the number of
shares opposite their names, and the sigma
lures thereto shall constitute their original
subscription to the capital stock of said cor
Poration in the proportion set opposite their
names
Thus done and passed. in my notaral Office
IN the city of New Orleans, on the day.
month and year herein first written and in the
presence of Messrs. Anthony BOnaud and
Arthur Macarthur, competent witnesses, who
hereunto subscribed their names, with the
said appearers and me, notary, after due
reading OF the whole
Original Signed: Louis c. Carvalho, twenty
six shares; A. G. St. Mare one share; George
+. Wiegand, twenty-three shares. Anthony
Bonaud, A. Macarthur
f. A PARSONS, Not Pub.
|, the undersigned recorder of mortgages,
in and for the parish of Orleans, State of
Louisiana, do hereby certify that the act Of
Incorporation of the charter of Louis c. Car
valho. was this day duly recorded in my Of
hce in book llS7, folio 6lO. New Orleans,
October IS. 1915.
(Signed) EMILE ]. LEONARD by. r.
A true copy of original of record and on
file in my notarial archives
f. A. PARSONS, Not. Pub.
oct % nov II Is 25 dec