The herald. [volume] (New Orleans, La.) 1905-1953, 1915-02-04

issuance of such shares Of stock. shall
| be conclusive evidence OF such valua
| ton; and any anda all persons, partner
sni2s; associations: corporations, stock
| corporation are concluded thereby, anC
| any and all persons. partnerships. asso
| Citations, corporations, stockholders oil
| creditors dealing with this corporation
| hereby waive any right or cause OF
! action against the original or subsequen,
| owner or owners of such shares of the
| capital stock issued to it, him. her o.
! them in payment or exchange for labor
done or services rendered, or for such
rights, credits, contracts and property
| valued by the Board of Directors a,
aforesaid; and each, every and any and
all contract, contracts IT undertakings
made by or entered into with this cor
poration shall be subject TO this proyis-
ion of this Charter.
All of said stock shall be full paid and
non a ssessable when issued and deliver
ed: and transfers thereof shall not be
binding on the Company unless recorded
in its books, and shall he further sub
Jet TO such rules, regulations and CON
dltlons as the Board of Directors may
prescribe.
Article IV.-An the corporate powers
OF this corporation shall be vested in and
exercised by a Board of three CD Direc-
tors to be composed of stockholders,
two % of whom shall constitute q
quorum for tranSacting all business
The Board of Directors shall be vested
all contracts. purchases and sales, ana
adopt all bylaws, rules and regulations
tor the government OF the business and
affairs OF this Company, and alter, demand.
ana change the same at pleasure, APP
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
De hlled by the remaining Directors in
the manner provided for in the Bylaws.
The first Board of Directors, of this
corporation shall consist of O. NJ.
Samuel. Ferdinand Samuel and Renee
Samuel, with the said o. NJ. Samuel
1877 bordeaux street, as President
Ferdinand Samuel, 1872 Lafayette Street,
as Nice-President: and Renee Samuel,
1877 Bordeaux Street, as Secretary
Treasurer, who shall hold their Offices
until the first Monday in January, 1916.
or until their successors are duly elected and
qualified.
ON the first Monday in January, 1916,
and annually thereafter, an election for
Directors shall be held at the office of
the Company under the supervision of
TWO commissioners to be appointed by
the President, and the Directors then
elected shall take their seats Immediate
~ ana snail mold Office until their SuC-
ceSSOrS are duly elected and qualified
Each Board shall elect its own officers
which shall consist of President, n
Nlce-Presldent and SecretaryTreas-
urer.
All corporate elections shall be bv
ballot. and majority Of the votes cast
shall elect, and at all stockholders
meetings held for any purpose each
share of stock shall be entitled to one
vote, either in person or by, proxy, by
the person in whose name same il;
registered on the books of the Company.
and the Board of Directors NAV close
the stock transfer books for a period not
exceeding thirty days before any meet
ing.
Written notice Of stockholders meet
lnSS shall be given to each StOckhOl,ier
by the Secretary-TreaSurer at least ten
tlOD days prior to elections, by mailing
same, postage prepaid to his last known
post Office address.
Article N.-This Charter may be Jnodi-
lied, changed, altered or amended, or
this corporation may be dissolved with
the assent of twO-thirds of all its capital
stock represented at a general meeting
Of the stockholders held for that pur-
pose, after written notice shall have
been given To each stakeholder by the
secretary Treasurer at least ten DAYS
prior to the holding of said meeting by
mailing same postage prepaid to his last
known post office address.
Article NI-Whenever this corpora
ton is dissolved. either by limitation of
IT'S Charter or from any cause, its affairs
shall be liquidated by two 90 Commits
SlonerS TO be appointed from among the
stockholders at a meeting of the stock
holders convened for that purpose after
ten QO) days prior notice shall have
been given by the Secretary-Treasurer
tn each stakeholder. Said Commissioners
snail remain in office until the affairs
of said corporation shall have been fully
liquidated. In case of death of either
Commissioner, the survivor shall CON
tinue to act.
Article Vino stakeholder of this
corporation shall ever be held liable ar
responsible for the contracts or faults
thereof in any further sum than the un-
PAID balance due TO the corporation on
the shares owned by him nor shall any
mere in formality in organization have the
effect of rendering this Charter null nor
or exposing a stOckhOIder to any liabili
~ bevond the amount of his stock
The subscribers hereto have each
written opposite their names the number OF
shares subscribed for, so that this Act
may also serve as the original subscrip-
ton list.
Thus done and passed in my notarial
office, in the City of New Orleans
Louisiana, in the presence of f. Howard
McCaleb and c. 4. Hermann, competent
witnesses of lawful age, and residing in
this city, who hereuntO subscribe their
names, together with said parties, and
me, Notary, on the day and date set
forth in the caption hereof
Original signed: o. NJ. Samuel, and
others
Witnesses T. Howard McCaleb. c. A.
Hermann.
ARTHUR r. LEOPOLD, Notary Pub.
ARTHUR b. LEOPOLD. Notary Public
cages in and for the Parish of Orleans,
state of Louisiana, do hereby certify
that the above and foregoing Act of
Incorporation of The Samuel House
Wrecking Company was this day duly
recorded in my office, in Book 1927.
folio
New Orleans. La, Jan. II, 1915.
!Signed) EMILE J. LEONARD, by. r.
A true copy.
cseaD Arthur B. kLE 3fSoc ba,,,.
Jan. I-21-2S. Feb. 4-11-1s,