The herald. [volume] (New Orleans, La.) 1905-1953, 1915-05-06

. tract, lease, borrow money. issue bono
I ana execute mortgages, and. in genera
/ 10 exercise all the powers of the col
/ poratlOn, as well as to carry ont il
Il OBJECTS and purposes all Withou
reference TO or authorization 10y tn
ACKNOWLEDGEMENTS nothing herein sha
give SAID board any authority to inter
iere IN any manner with the rights O
the holders of preferred stock
FROM INN" To time said board Shal
ADOPT rules, regulations ana bylaws 10
IN" mandScmcut and control of the bust
ness and affairs of said corporation and
IN ITS dissertation. shall cancel chang,
and modify the same.
/ AitlclcNl-NO subscriber hereto oi
/ stakeholder of the corporation shall ever
he held liable or responsible for tn,. con.
| tracts, faults or debts of said corpora.
| tIon; nor shall any mere informalitv in
! IT'S organization have the effect OF
/ rendering this charter null or of ay-
| posing any subscriber or stockEoldcr Ia
| any liability beyond the unpaid balance
/ II any, du" on the share subscribed for
/ or oWEed 10y him.
| ArIiCI" NII.-ThiS act Of incorpora-
| non may toe changed. modified, or
altered. or said corporation NAV bee
dissolved, with the assent Of the holders
OF lWo-ihlrdS Of the common stock of
| the corporal whose owners ar.
present and represented at a general
meeting Of the holders of common stock
after at least thirty days written notice
OF such meeting has been given through
mail addressed Ia each stakeholder at
his place of residence. as shown on the
books Of the corporation, but no change
modification, alteration or dissolution
snail In any manner ahridge. affect or
interfere with the rights and privileges
OF lne holders of preferred stock. as
established hercin,--thiS charter being a
contract between all parties in interest
as To said rights and privileges.
IN case OF dissolution. whether by the
expiration Of this charter or otherwise
the holders OF common stock shall elect
three llquidatOrS from among their num-
Der, To llQuldatc and settle the business
ana affairs of said corporation, in case
OF death, or disability of any said liqui-
udtofS the survivors. or the remaining
ilquldatorS shall appoint a successor to
such liquidator. Said liquidators are
hereby given full power. either by court
or law proceedings or without such pro-
tttdlnSS, as they shall elect, to collect
all amounts due the corporation sell or
otherwise dispose of its assets. pay its
debts and liabilities and compromise
ana settle all disputed questions and
matters; and shall have and exercise All
other powers necessary and usual To-
tully and finally settle wind up and
Ilquldate all the business and affairs of
the cooperation, and distribute its net
assets or funds among its stockholders
m accordance with their respective
rights.
Article VIII.-The names of the first
Board of Directors and their post Office
addresses actresses are as follows: Alfred J.
Waterloo. Iowa; Charles Carroll. sol
iennen Building, New Orleans, Louis
ana; John Frost, Jessup. Iowa: Charles
r. Hearst. Cedar Falls. Iowa; A. L.
wilson. Mount Auburn. Iowa: Guy G. |
Lane, Green Mountain. Iowa; and Theo-
dOre Peck. Brandon, Iowa.
The said Board of Directors. with said
Alfred J. Moore as President and said
4 t4G N
with Anton SlfSgard as Secretary and
treasurer shall serve until the election
to he held on the Thursday following
the FIRST Monday of February. 1916. and
until their successors shall be elected
The names and post office addresses
or the subscribers hereto and the num-
per or shares which each agrees to take |
IN the corporation are as follows. viz:
Alfred j; Moore, 2O3 Marsh Place
BulldinS, Waterloo. Iowa, seventeen |
hundred shares of preferred stock. |
$50. 10000, and six thousand nine hun
dred and seventy shares of common
STOCK, s3iS,5OO.OO; Charles Carroll. sol |
Hennen Building, New Orleans. Louisi- |
ana, ten shares of common stock |
$4,000; Bert T. Mowbray, Des Allie |
mands, Louisiana. ten shares of common |
stock $4,000; and Wallace Il. Call, |
Mount Auburn. Iowa, ten shares of |
common stock. $4,000.
ThuS done and passed in my office
Dn the day, month and year first above
written, IN the presence of AZZo j.
Plough and Irwin \. Boyer competent
witnesses. who have signed with the
parties and me, Notary, after reading
he whole.
tSigned) Azzo ]. Plough. Irwin A.
Boyer, Alfred J. Moore. Charles Carroll.
Bert T. Mowbray, W. f. Call (Signed |
Henry c. Mccall. Not. Pub. (SeaD.
Certificate of Recorder: l. the I'M
iersisned Recorder of Mortgages in and
.or the Parish of Orleans, State of
Louisiana, do hereby certify that the
tbove and foregoing act of incorpora-
ion of The st. Charles Development
company, Incorporated. was this day
July recorded in my office in Book 1857. /
olio :. New orleans, April 10. 1915.
Signed Emile J. Leonard, by. r.
Certificate of Notary: |, Henry
George Mccall, Notary Public in and
or the Parish of Orleans State of
louisiana, do hereby certify the above
nd foregoing to he a true and correct
opy of the original act of incorpora-
ion of The St Charles Development
company, Incorporated, together with
he certificate of the Recorder of Mort
ages thereto appended, the whole on
lie and of record in my notarial office
n witness whereof, / have hereunto set
ny hand and affixed my official seal.
his 18th day of April, 1915. (Signed)
ienry G. Mccall. Not. Pub.
April lS-22.29 May 6-l5-2O.