The herald. [volume] (New Orleans, La.) 1905-1953, 1915-03-25

poration, but the directors then in Office will
| continue to act until their successors are
elected and qualified. Notice of the time OF
holding any and all meetings shall be give,'
| by the secretary TO each stockholder, such
/ notice TO be sent by mail, hve days before
such meeting, and directed TO each stakeholder
! at his last known address.
immediately upon being elected the direc-
/ tors shall elect from among their own number
/ a president, vIce-president and secretary
/ and a treasurer.
! The said board shall also have full power
and authority to borrow money through the
| president or some other duly authorized
| agent or agents to execute mortgages and is
sue notes, bonds or other obligations, and
, generally to do all the things necessary Tor
| the proper carrying on OF the business OF the
| said corporations; as also TO issue and deliver
| full paid shares OF stock and bonds and other
obligations OF the said corporation IN payment
| OF the money borrowed or money, labor, ser
wees, property or rights actually received by
the said corporation, as hereinbefOre set forth.
Vacancies in the board of directors shall
be hlled BY the remaining members OF the
board.
Until the next meeting to be held under
this charter, until their duly qualified
successors are elected and installed, the board
Of directors shall be composed OF Doctor
Charles V. Kraft, who shall be president,
| Philip roto, who shall be president
Philip Cafiero, who shall be secretary and
c. Z. Lee Dunn, who shall be treasurer and
John Kleinkemper.
Nftltle Wine capital STOCK may De IN
creased or diminished upon complying with
formalities imposed by law.
Article NII-Nhenever this corporation
shall be dissolved, either by limitation or
from any other cause, its affairs shall be
liquidated by a committee OF three stockhold
ers appointed at a general meeting OF the
stockholders convened for that purpose, and
said committee shall have full power to per.
form all acts necessary for the purpose Of
liquidation
Article VIII-No stockholder of this corpor.
alton shall sell or dispose OF his stock with
out first offering the for sale in writing
10 the other stockholders through its board OF
directors
Transfers of stock shall not be recognized
unless such stock is transferred on the books
of the company by the owner or BY his duly
authorized agent
Article IN-Nc stock holder of this cor
poration shall ever be held liable or respon-
sible for the contracts or faults of this cor
pOration in any further than the unpaid
balance due by him, If any, on the stock sub
scribed for by him; nor shall any mere infor-
mality IN the organization have the effect of
rendering this charter null, or OF exposing
any stakeholder, to any liability beyond the
subscribed for by him.
Thus done and passed in my office in the
City OF New Orleans, aforesaid. the day.
month and year first above written, in the
presence of +. Beninate and VIM. V. Seeber,
both witnesses Of lawful age and residing in
this city, who sign hereto, together with said
parties. and me. the said notary, after due
reading Of the whole. Witnesses +. Beninate,
VIM V. Seeber. ROBT. E. O.CONNOR,
Not. Pub.
l. the undersigned recorder of mortgages.
in and for the parish OF Orleans, state of
Louisiana, do hereby cert,fy that the above
and'foregoing act Of incorporation Of Westside
Transit Co, was this day duly recorded in
my office, in book ll57, folio -
EMILE J. LEONARD, D. R.
| hereby certify the above and foregoing 10
be true and correct copy OF the original act
of incorporation OF the WeStsde Transit Co.,
and OF the certificate OF the Dep. Recorder Of
Mortgages.
ROBT. E. O'CONNOR, Not. Pub.
Mch. ll-lS-25-Apr. l-8-l5.