The herald. [volume] (New Orleans, La.) 1905-1953, 1915-02-11


| ton; and any and all persons, partner
ships, associations, corporations, stock
holders or creditors dealing with this
corporation are concluded thereby, and
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 or ginal or subsequent
owner or owners OF such shares of the
capital stock issued to IT, him, her or
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 as
aforesaid; and each, every and any and
all contract, contracts or undertakings
made by or entered into with this cor
poratiOn shall be subject to this prUvis-
ion of this Charter.
All of said stock shall be full paid and
non-assessable 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
ject 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 in and
exercised by Board of three CD Direc-
tors to be composed of stockholders
two C2) of whom shall constitute a
quorum for transacting all business.
| The Board of Directors shall be vested
with full power and authority to 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
| Of
Samuel, Ferdinand Samuel and Renee
| Samuel. with the said o. NJ. Samuel
| 1877 Bordeaux Street, as President;
| Ferdinand Samuel, 332 Lafayette Street,
| as Nice-President: and Renee Samuel,
| 1897 Bordeaux Street, as Secretary
| Treasurer, who shall hold their offices
until the first Monday in January, 1916,
| or until their successors are duly elected anC
| 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
| ly and shall hold office until their sue
| ceSsOrS are duly elected and qualified
| Each Board shall elect its own officers
| which shall consist of a President, a
| EicePresident and a Secretary-Trea
| urer.
All corporate elections shall be by
| ballot, and a majority of the votes cast
shall elect, and at all stockholders
meetings held for any purpose, each
share of stock shall be entitled TO on,
vote, either in person or by proxy, by
the person in whose name same is
registered on the books of the COMPANY
and the Board of Directors may close
the stock transfer books for period moi
exceeding thirty days before any meet
ing.
! Written notice Of stockholders meet
| ings shall be given to each stockholdel
| by the Secretary-Treasurer at least ter
| G0) days prior to elections, by mailing
| same, postage prepaid to his last known
post office address.
Article V.-This Charter may be modi,
! fed, changed, altered or amended, oil
| this corporation may be dissolved witt
| the assent of two-thirdS of all its capita
I stock represented at a general meetinE
| of the stockholders held for that pur.
| pose, after written notice shall hav,
| been given to each stakeholder by tn,
| Secretary-Treasurer at least ten days
prior to the holding of said meeting by
| mailing same postage prepaid to his las
! known post office address.
Article NI.-Whenever this corpora
ton is dissolved, either by limitation OF
| its Charter or from any cause, its affairs
| shall be liquidated by two 90 Commits
sioners to be appointed from among the
| stockholders at meeting of the stock
| holders convened for that purpose aftel
| ten 1O) days prior notice shall hav,
been given by the ecretary-Treasurel
| to each stakeholder Said Commissioner.
shall remain in office until the affair.
of said corporation shall have been fully
| liquidated. In case of death of either
Commissioner, the survivor shall con
tinue to act.
Article VII.-No stakeholder of thi.
corporation shall ever be held liable oil
responsible for the contracts or fault!
thereof in any further sum than the un
paid balance due to the corporation OF
the shares owned by him nor shall an!
| mere in formality in organization have tn
effect of rendering this Charter null. no
OF exposing stockhOIder to any liabili
ty beyond the amount of his stock.
| The subscribers hereto have eacl
written opposite their names, the number Q
shares subscribed for. so that this Ac
may also serve as the original subscrip
ton list.
Thus done and passed in my notaria
office, in the City of New Orleans
Il Louisiana, in the presence of E. Howar
| McCaleb and c. A. Hermann, competen
witnesses of lawful age, and residing il
> this city, who hereunto subscribe thei
me, Notary. on the day and date Sc
forth in the caption hereof.
Original signed o. NJ. Samuel, an
others
witnesses: f. Howard McCaleb, C. A
| Hermann.
ARTHUR B. LEOPOLD, Notary Pub.
ARTHUR B. LEOPOLD, Notary Publ,
cages in and for the Parish of Orleans
State of Louisiana, do hereby certif.
that the above and foregoing Act o
incorporation of The Samuel Hous
Wrecking Company was this day dull!
New Orleans, La, Jan. IL, 1915.
/ (signedD EMILE J. LEONARD, by. r
true copy.
CseaD ARTHUR B. LEOPOLD teG? 5},,,,o
Ion ,.o1os Feb a111s