The herald. [volume] (New Orleans, La.) 1905-1953, 1915-01-21

-. =, sueh election shall have been given to each
SSShhoioer by mail sent to his last known
da.in or by publication for at least ten
al, PEeeeeoing such election in one of the
Co.. EngIlsh Newspapers published in the
sIny i new Orleans. The directors thus
erected shall continue in Office for one wear
III until their successors shall have been duly
erected and qualified. No failure to hold an
elected shall be regarded as forfeiture Of
p smarter. Any vacancy occurring on said
board OF Directors shall be filled by the re-
S ieaiIni ny directors for the unexpired term.
Sald Board Of Directors shall likewise elect
the additional members in case thew shouid
ueteTHllhe TO increase the number OF the Board
as above provided Said Board shall. AT it's
meeting, elect from among its number,
PRESIDENT, NIce-President, a Secretary
anu treasurer. 1t may combine the two
lSst mentioned Offices into one and may even
SleCt secretary who Is not a tockholder or
LLiIeCtoT. SAID Board Of Directors shall have
VIC Ilght 10 appoint and dismiss such clerks
managers and other employees of the corpor-
alton, including the Secretary who is not a
sloCkholder or director as conditions may
Justly or the business Of the corporation may
IFquite. Inc tenure OF office OF all employees
OF the corporation shall be during the pleasure
OF the Board Of Directors
ATtCle VI. No stakeholder shall ever be
neld liable or responsible for the contracts,
faults OF debts Of said corporation, nor shall
any mere IntormalIty in its organization have
me effect Of rendering this charter null, or
pI exposing a stockholder to any liability
OF stock owned By him.
Article VII. This act of incorporation may
be changed, modified or altered or this cor
poratlon may be dissolved in accordance with
me provisions OF Sections No. and Is OF
Act No. 267 OF the General Assembly OF the
State OF Louisiana for the year 1914. In the
event OF the dissolution of this corporation by
the expiration OF its charter or otherwise il
business and affairs shall be wound UP by
three lquidatorS to be elected by and from
among the stockholders at the meeting which
decides to Gquidate. Said liquidators shall
have full power and authority TO settle ali
the business and affairs Of the corporation.
In case OF the death or inability of any OF
sald hquldators, the survivor or survivors
Shan appoint a successor or successors 10
HIM or them from among the stockholders
Article VIII. Immediately after the signing
OF this act OF Incorporation the stockholders
shall elect from among their number a Pre-.
sident, a Nice-PIesldent and Secretary
Treasurer, who shall hold office until the
election to be held in February l916
Thus done and passed at my Office in the
City of New Orleans, on the day, month anC
year, herein hrst above written, in the pres
enCe of Theodore A. Beck, and Miss Odilt
MuSSon both OF this City, competent witnes
ses who have hereunto signed their name:
with the said Appearers and me, Notary, afte
due reading OF the whole.
I. 4. Beck, Odile MuSson,
J. f. Pierce, Milwaukee, Wis. per +. w
Smith, Two hundred ninety-eight shares
A. I. Wright, Milwaukee, Wis, per Z. W
Smith, One share; Z. w. Smith, New Or
| leans, La, One share.
ROBERT LEGIER. Not Pub
|, the undersigned Recorder of Mortgage
| in and for the Parish of Orleans, State o
| Louisiana, do hereby certify that the abov
| and foregoing act Of Incorporation OF tn
| PIERCE INVESTMENT COMPANY, IN
| CORPORATED, was this day duly recorde
| in my Book, ll27, fOlio.-
New Orleans, La, January 18th 1918.
EMILE ]. LEONARD, by
A true copy from the original act
ROBERT LEGIER, Not. Pull
Revenue Stamp
Jan. l4-2l-2S. Feb. 4-ll-lS