The herald., 1915-04-08

he shall have first offered same, in writing
to the board Of directors, which viii have the
right to purchase same within ten days
thereafter, at the valuation determined by
the board and the party in interest; provided,
that in case Of dissatisfaction as to tine price,
that issue, shall be arbitratcd IN the manner
provided by law in matters OF amicabie com
Founders, and their decision shall he hnal
All shares OF stock 50 acquired by the cor
poratIon may be re-issued al not less than
par value.
Article NI.-The charter Of this corporation
may be amended by the vote OF t~o-thirdN
OF all it, stock at meeting of the stock
holders, duly called FOR the purpose; the
capital stock may be increased OF decreased.
by the vote OF three -fOurths of all its stock,
at meeting of the stockholders duly called
for that purpose. Each share of stock shall
be entitled t. one vote, which vote may be
cast by the stakeholder or by his agent or
proxy, which proxy or agency may be cvI-
denccd by letter or other written docu-
mCnt.
Article NII.-The corporate powers Of this
corporation shall be vested IN board of dI-
rc,tors to be composed Of not less than three
nor more than uvc directors. To- be elected
by the stockholders at 4 general meeting to
! year. No stakeholder OF tins corporation shall
be eligible as 4 director, unless he owns IN
his own name, full paid and unplcdgcd. at
! least one share OF the capita! stock OF tins
/ corporation.
Article VIII.-The board Of directors shall
! have power TO make all bylaws. rules and
] regulations necessary tUT the conduct Ul ilc
! business affairs OF SAID corporation; shall
! elect from their number president, vice
/ president and a secretary treasurer.
Article lN.-lhe said corporation shall have
| power to sue and be sued in its corporate
/ name, to make and use a common seal, and
| alter same at pleasure, to acquire property,
| real and personal, by grant, gilt, purchase, and
/ to devise or bcqucdth, to lease, hold or DIS
| pose Of and to mortgage and pledge the same,
and to appoint such officers and agents d,
the business OF the corporation may require
| and to TX their compensation, To make by
laws, liking or altering the management OF ITS
| property, the regulations and management OF
/ its affairs and the manner OF the Certlh-
/ cation and registration OF its stock, to con
/ duct business IN this State, other States, the
! Federal Districts, the territories and posses
] sIons OF the United States and IN foreign
countries, and to do and perform all manner
! OF contracts and transact all manner Of bust.
! ness which may be connected with, incidental
( or germane, to the purpose tor which tins cor
! pCratIon Is organized
Article N.-Outil the election to be held as
! hereiuabove provided, the following shall con.
stitute the first board OF directors, who shall
. hold office until their successors shall have
been elected and duly qualified.
/ Name and address Eddie IorowItZ, lblt
( Calliope street, ~ o. La; Charles Iugen-
: haft, 9O7 Poydras street, y. o., La; Harry
4 Tiefenbron, sos Main street, Baton Rouge
+ La; Eddie Tugenhaft. $50 $ Alexander street
! n o., La; Isidore Perlberg, OBS 5. Rampant
/ street, n. o., La; with Eddie Horowltz, a
! PRESIDENT Charles Tugenhaft, vice presi
dent, and Harry Iiefenbron, as secretary
, treasurer.
Thus done and passed at my notarial Office
i'll the city of New Orleans, on the date o.
. the month and year herein first above writ
ten, in the presence of Messleurs X. V
Richard and John Betz, competent witnesSe'
! who have hcreunto subscribed their names
| with the said appearers, and me, notary
! public, after reading of the whole. (Origina
7 signed Eddie Horowitz , shares; Chas
Tugenhaft. $50 shares; Harry l.. IIetenbron
share; Isdore Perlberg. IS shares; Eddie
Tugenhaft, shares. Witnesses: X. '. Rich
rd, John Betz Sidney f. Gautier, Not. Pub
y true copy. Sidney F. Gautler, Not. Pub.
! Apr. S-l5-22-29 May 6-lS.