The herald., 1915-01-14

of the officers Of the corporation, and the I
Board OF Directors may delegate such mana !
gerial powers as 1t deems necessary TO the |
Executive Committee, which said committee
shall report each meeting of the Boadr of |
Directors. The said Board of Directors may
name and appoint such orner committees as
1t may deem necessary for the purpose of the
business of this corporation.
Article Vino stakeholder shall ever be
held liable or responsible for the contracts,
faults or debts of this corporation nor shall
any mere informality in its organization have
the effect of rendering this charter NULL or
OF exposing its stockholders to any liability
OF stock owned by them
Article Ell.-Ihis act of incorporation may
be changed, modified or altered, or this cor
poratlon may be dissolved with the assent of
the stockholders owning two-thirds of the is
sued stock of the corporation at a meeting of
the stockholders convened for that purpose
and after notice shall have been given to
each OF said stockholders as provided for in
Article V of this act of incorporation. except
that whenever in the Judgment of the Board
OF Directors it shall be deemed advisable
ana i0r the benefit of said corporation, that it
should be dissolved, the Board within ten
(iO) days after the adoption of a resolution TO
mat effect, by majority of the whole Board
at a meeting called for that purpose, of which
meeting each director shall have received at
least three 90 days notice, shall cause no.
tce OF the adoption of such resolution to be
mailed to each stakeholder, together with a
noiice OF meeting OF the stockholders to be
held at the office of the corporation TO take
action upon the resolution so adopted by the
Board OF Directors. In case of the dissolution
OF TINS corporation by the expiration of its
chatter or otherwise, the stockholders shall
elect three O liquidatcrs from among their
number, who shall have full power and au-
thorlty to iquidate and settle the business
ano affairs OF the company. In case of death
or inability OF any Of said liquidators, the
survivor or survivors shall appoint a success
sor or successors to him or them
Article VlI1.-Until the election to be held
nAax Il -
tHonoWing stockholders shall constitute the
herbert A; Movers and John r. Perez, with
! the said Burris w. Schneidau as President
Herbert A. Movers as vice-President and
Jonn ~ feTez as Secretary, Treasurer, their
| respective addresses being $50 Nashville Ave
nS Hibernia Building, and us Hibernia
building, all New Orleans, La
Article Ix:-The subscribers hereto have
written opposite their respective names the
| by each of them
u Thus done and passed, in my office at the
City OF New Orleans, the day, month and
wear herein above first written, in the pres
ence OF Donat 0. Wyatt and VIM F. Conker-
ton, competent witnesses, who have hereunto
| signed these presents, together with said an
pearers and one Notary, after due reading
| Original signed Burris w. scbne;dau
twenty-five shares; John R. Perez, twenty. five
| shares; Herbert A. Movers, one share
| witnesses: ID. 0. Wyatt, VIM. r. Conkerton.
(SeaD THEODORE A; SCHUBER, Not. Pub.
in. and for the Parish of Orleans, State OF Lou,
| isiana, do hereby certify that the above and
foregoing act of incorporation of the Rural
adrd II9an IN Realty Inc was this day duly
(Signed) EMILE LEONARD, Dy. R.
A true copy of the original
(SeaD THEODORE A. SCHUBER, Not. Pub.