The herald. [volume] (New Orleans, La.) 1905-1953, 1915-02-18

issuance of such shares of stock shall
De conclusive evidence of such valua-
ton; and any and all persons, partner
ships. associations, corporations, stock
holders or creditors dealing with TINS
corporation are concluded thereby, ana
any and all persons. partnerships, asso-
Citations, corporations, stockholders or
creditors dealing with this corporation,
hereby waive any right or cause OF
action against the original or subsequent
owner or owners OF such shares of the
capital stock issued to 1t, him, her or
them in payment or exchange Tor labor
done or services rendered or Tor such
rights, credits. contracts and property
valued by the Board of Directors as
afOre said, and each, every and any and
all contract, contracts or undertakings
made by OF entered into with this cor
puration shall be subject TO this prOvis-
ion of this Charter.
All of said stock shall be full paid and
worcestershire when issued and deliver
ed, and transfers thereof shall not be
binding on the Company unless recorded
in its books, and shall be further sub
jet to such rules, regulations and con-
ditiOns as the Board of Directors may
prescribe.
Article IV.-All the corporate powers
of this corporation shall be vested III and
exercised by a Board Of three CD Direc-
tors to be composed Of stockholders,
two 90 of whom shall constitute a
quorum for transaCting all business.
| The Board of Directors shall be vested
with run power anu authority 10 make
all contracts, purchases and sales, and
adopt all bylaws, rules and regulations
for the government of the business. and
affairs of this Company, and alter. demand.
| and change the same at pleasure, ap-
point. hire and discharge all officers,
| agents and employees, all salaries. and
generally to do and perform all things
| necessary in the transaction Of the bust
| ness and affairs of the Company. Any
| vacancy occurring in said Board shall
| be filled by the remaining Directors in
! the manner provided for in the Bylaws.
| The first Board of Directors. of this
| Samuel. Ferdinand samuel and Renee
| Samuel, with the said o. NJ. Samuel
| 1887 Bordeaux street, as President
| Ferdinand Samuel 49, Lafayette Street
| AS NiCe-PreSident, and Renee Samuel
| 1871 Bordeaux street, as Secretary
| Treasurer, who shall hold their offices
until the first Monday in January. 1916
or until their successors are duly elected ant
| qualified.
ON the first Monday in January, 1916
and annually thereafter, an election foi
Directors shall he held at the office 81
the Company under the supervision %
two Commissioners to be appointed by
the President, and the Directors theI
| elected shall take their seats immediate
| ceSSorS are duly elected and qualified
Each Board shall elect its own officers
which shall consist of President,
| NiCe-preSident and SeCretary-TreaS
urer.
All corporate elections shall be b,
| ballot, and a majority Of the votes cas-
5 shall elect. and at all stockholders
{ meetings held for any purpose, eac
/. share of stock shall be entitled to on
vote, either in person or by proxy, b.
the person in whose name same i
4 | registered on the books OF the Company
and the Board OF Directors may clos
the stock transfer books for a period no
exceeding thirty days before any meet
ing;
inCS shall be given To- each stOckholde
by the Secretary Treasurer at least tie
| GOb days prior To elections. by mailin
same, postage prepaid To- his last know
post office address
Article N.-This Charter may be mod
, fled, changed, altered or amended. O
. this corporation may be dissolved wit
the assent Of two-thirdS of all its capita
, stock represented at general meetin
of the stockholders held for that pun
t pose, after written notice shall hav
? been given to each stakeholder by tn
4 Secretary at least ten day
a prior to the holding of said meeting h
f mailing same postage prepaid To his las
= known post office address.
Article NI.-Nhenever this corpora
4 | ton is dissolved, either by limitation {
d its Charter or from any cause, its affair
g shall be liGuidated by two 90 Commits
! | sioners to be appointed from among III
d | stoC kholders at meeting of the stool
/ | holders convened for that purpose sftt
= ten t1O) days prior notice shall hay
v been given by the Secretary-Treasur'
q | To each StOCkholder. said Commissioner
$ shall remain in office until the affair
r of said corporation shall have been full
| liquidated In case of death of eith'
9 commissioner, the survivor shall col
= Article Vino stakeholder of tn
V corporation shall ever be held liable (
: | responsible for the contracts or faul
. | thereof in any further sum than the nj
. paid balance due to the corporation {
= the shares owned by him nor shall al
mere in formality in organization have I
r. effect of rendering this Charter null. NJ
70 of exposing a stOckhOIder TO any liabi
a ty beyond the amount of his stock.
q The subscribers hereto have ea'
Il | written opposite their names, the number
- | shares subscribed for, so that this A
"a | may also serve as the original subscri
| ton list.
:: Thus done and passed in my notari
= | office, in the City of New Orlear
!, McCaleb and c. A. Hermann, compete
:. witnesses of lawful age, and residing
:" this city, who hereuntO subscribe the
. names, together with said parties, al
. | me, Notary, on the day and date $
a forth in the caption hereof.
=. Original signed: q. NJ. Samuel, a
.o others
c. ARTHUR Il. LEOPOLD, Notary Pull
Is ARTHUR B. LEOPOLD, Notary Pub
e cages in and for the Parish of OrleaI
ie State Of Louisiana, do hereby certl
~ that the above and foregoing Act
10 Incorporation of The Samuel Hou
Is wrecking Company was this day du
l. recorded in my office, in Book IL
:. folio =.
is New Orleans. La, Jan. II, 1915.
{, (Signed) EMILE J. LEONARD, Dy.
~ A true copy.
I'D CSeaD ARTHUR p. LEOPOLD,
ne Notary Public
er Jan. 14-21-2S, Feb. 4-11-1S.
0y
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