The herald. [volume] (New Orleans, La.) 1905-1953, 1915-09-30

!: event the provisions nj ssct;o II III th'
Z ACT @o/ OF 1914 shall be strictly complied viii
!: cor I'lc.e N.-Ali the corporate powers Of hi
I nv, dttlon shall be vested in and exercise
!: - q BOARD OF directors composed of five Z;
!: stockholders, each of whom shall own IN b;
"H Fight, during his term of office AZ Iea.
:: ny; iuIi Paid, non-pledged share Of stool
. 80; shai be shown by his written decIara
|: IN tnree OF whom shall constitute a ouorrT
!: ipr Inc transaction of business. ~
z oodru OF directors are hereby emDoyere
Z 80 increase, IN their discretion. the nurnbe
Z tbernaF fS, 10 nine 81, in which case fv
Z ieoI snail constitute a quorum
The officers of this corporation shall 49,,
!. o.siI Oh president vice president. secretar,
!. ~ treasurer, all Of whom shall be rnrr,Ler'
!. % 'ne board OF directors. The offices of sec
; by one anu treasurer may be held, if desired
: ~ ono ana the same person.
? HE following named persons shall Comet;
.u'e me board Of directors of this cornor,tio,,
! wi: l.; II. Price, 27O5 Prytania St San
!: uSl Michel: 1881 \. Dorgenois St; E I Mi
ST. Victor Fer a3al NJ III G. Price 2o5 Prytanis
. q" ITslIents OF New Orleans, Louisiana. viii
l. IL. frice as president, Samuel Michel as
r = GGsident T. J. Michel as treasurer, and
ana officers shall serve until the sccorJ NJ,
. lay IN August, 1911, or until their successors
. nave been duly elected and qualified
IneLGaiter the directors shall be elected
".i, on the second Monday in August Of
. | -. 'N"l n'Ellnlug with the wear 1yl-. al
, ~ '''hN OF directors shall be BY ballot. and
F"'h siockholder shall be entitled To one yntl
, wi ,%'H snare OF stock standing in his name
y" me books Of the corporation. this vote
~o,;- 80 III person or by proxy, and it shall
Siu'Io a majority Of the stock present or
! represented to elect VI
raiIure 10 elect the board Of directors ~,
me second Monday IN August. 1917 or ann,
Iiy hereafter, shall not work forfeiture Of
ms charter, but the old board of dirertoTl
snail remain in office until their surrcssors
are elected and qualified
AJucIe \l.-Ihe board Of directors shall
,'"'d regular meetings At such times rs shall
re re hNed IN the bylaws of this corporation
iHtSe meetings shall be held at the domiciIe
oil me corporation, but the president NAV cali
, special meetings OF the board of directors a.
sICH tunes as he may deem advisable. and he
SnaII De required TO call such special meet
! IHss whenever requested to do SO bv three
members OF the board Of directors Three
daNs notice OF such special meetings shall he
| gwen IN writing 10 the directors unless
SaiVer OF notice Is signed by the directors.
! my vacancy occurring on the board either
| from death, resignation, or inability 20 serve
! snail be filled by the board of directors At
rs next regular meeting after such vacancy
| shal have occurred. The first board Of Dire
tpIS Of thlS corporation shall be required 10
drait suitable bylaws for the government Of
| 'nis corporation, which may be altered, amend.
may require
- me STOCK OF this corporation
may be transferred, provided such transfer
snail De recorded upon the books of the cor
poratlon before it shall be required 10 recog
me the transfer or the new holder of said
STOCK The total amount of the subscribed
stock as herein set forth is the sum of sew.
enty-hve thousand ($75OOO0O dollars. which
Is hereby authorized TO be issued fully paid
anu worcestershire, for cash, or in exchange |
Tor property or services, according to law
Article NIII.-This charter NAV he rnod;.
ned or altered, the capital stock thereof in.
creased or decreased, or the corporation NAV
ne dissolved with the assent of two-thirds of
the capital stock present or represented at
any meeting OF the stockholders held for that
purpose after prior notice in writing TO each
stockholder or mailed TO him at his last
known post office address, all in accordance
with the terms OF Act 267 of 1914.
Article lN-At the expiration of this char.
ter, or the earlier dissolution of this corpor-
alton for any cause, its affairs shall be IGui.
dated by one or more liquidators to be elected
oy the stockholders, all of whom shall hold
stock IN said company and said commission
authority to liquidate the affairs of said com
pany, with full power to act under the terms
OF section thirty 800 of Act 267 of 1914.
Article N.-The appearers hereby declare
mat they have subscribed to the following
number OF shares OF the capital stock of this !
to-wit
, L. II. Price, 2705 Prytania ST., New Orleans,
La, four hundred and twenty.four shares;
Samuel Michel, 1921 n. Dorgenois ST., New
Orleans, La, seventy five shares; E.
Michel 200 Canal St, New Orleans, La, one
hundred and seventy-fve shares: Victor 6 {
Michel, 1893 \. Dorgenois St, New Orleans, !.
Ia, seventy-hye shares; T. G. Price, 27O5 :
Prytania ST., New Orleans, La, one share !
The said subscriptions of l.. II. Price, F. 7 :
Michel and T. G. Price shall be fully paid for :
and settled by the transfer by them TO this {
corporation of all the assets, property bust 4
ness and good will of the United Fish and a
4 sfg 81 q
.cquired by them by purchase from the lidui- I
iators OF said company; an accurate, detailed a
md Itemized statement and description of
uch property being hereto annexed. to be 9
cad IN connection herewith and the said ! n
property and good will having been duly ap- :
raised by the directors of this corporation :,
t the values set forth in said annexed men, G.
randum. a
The said subscriptions of Samuel Michel p
nd Victor 5. Michel shall be fully paid for L
nd settled by the transfer by them to this tC
operation of certain property, real and per- Ii
onal an accurate and itemized statement and c;
escripton OF said property being hereto an p
eXed, to be read in connection herewith al
nd said property and good will having been CT
uly appraised at the values set forth in the
aid annexed memorandum. In addition to OF
aid annexed memorandum. In addition to OF
re stock hereby exchanged for said property, nj
lall be paid the sum of fifteen thousand dl
'l5,000OO dollars, in cash, by this corpora CO
on for said property, in accordance with al
lelr agreement and contract with this COM W
any. to
Thus done and passed, in my office, in the Sdu
ty of New Orleans, on the day, month and oe
FAR, first above written. in the presence of
!. Clair Adams and Arthur p. Portas, COM Ia
tent witnesses, who have signed these pres CT
its together with the said atlantis and me, su
,tary, after due reading of the whole. Po
Original signed: L. II. Price, four hundred No
i'd twenty-four shares; Sam. Michel, seventy m
re shares; f. J. Michel, one hundred and CS-
shares; Victor s. Michel, seventy MI
'e shares; Thos G. Price. one share. Wit ma
sses: St. Clair Adams, Arthur p. Portas. vi,
JOHN R. UPTON, Not. Pub. ste
I, the undersigned recorder of mortgages Sh;
and for the parish of Orleans State of 90
do hereby certify that the act of
of the Samuel Michel and Son cor
mpany, Incorporated, was this day duly MI
corded in my Office in book ll57, folio =. SUI
w Orleans, September 10, 1915. sha
(Signed) EMILE J. LEONARD, D. r. Per
\ true copy: mai
rAMP) in
Jew Orleans, La, Sept. 10, 1915. all
JOHN R. UPTON, Not. Pub. 90.
It 10 % 30 oct IA p of 4