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

OF such election shall have been given to each
stoekholdcr by mail sent to his last known
ADDRESS, or by publication for at least ten
Gays preceding such election in one of the
City of New Orleans. The directors thus
elected shall continue in office for one year
OF until their successors shall have been duly
elected and qualified. No failure to hold an
erected shall be regarded as a forfeiture of
this charter. Any vacancy occurring on said
Board OF Directors shall be filled by the re-
naming directors for the unexpired term.
Sald Board OF Directors shall likewise elect
the additional members in case they should
determine to increase the number of the Board
as above provided. Said Board shall, at its
tirst meeting, elect from among its number,
PRESIDENT, a Nice-PreSident, a Secretary
ana treasurer. 1t may combine the two
last mentioned Offices into one and may even
eject a Secretary who is not a stakeholder or
iirector. Said Board of Directors shall have
the right to appoint and dismiss such clerks,
managers and other employees of the cOrpOr-
alton, including the Secretary who is not a
stockholder or director as conditions may
Justify or the business of the corporation may
require. The tenure of Office of all EMPLOYEES
OF the corporation shall I've during the pleasure
OF the Board of Directors.
Article vi. No stakeholder shall ever be
heId liable or responsible for the contracts,
faults debts OF said corporation nor shall
any mere informality IN its organization have
the effect of rendering this charter null, or
OF exposing stakeholder 20 any liability
beyond the unpaid balance dine on the shares
OF stock owned by him.
Article VII. This act of Incorporation may
be changed, modified or altered, or this cor
poratIon may be dissolved in accordance with
the provisions of Sections No. and y OF
Act No. 2o7 OF the General Assembly of the
State of Louisiana for the year 1914. In the
event of the dissolution OF this corporation by
the expiration OF its charter, or otherwise, II
business and affairs shall be wound up by
three liquidators to be elected by and from
among the stockholders at the meeting which
decides to liquidate. Said liquidators shall
have full power and authority to settle al
the business and affairs OF the corporation
In case of the death or inability of any o.
said liQuidators, the survivor or survivor!
shall appoint a successor or successors I,
him or them from among the stockholders.
Article VIII. Immediately after the signing
OF this act OF Incorporation the stockholder
shall elect from among their number a Pre-
sident, a Nice-President and a Secretary
| Treasurer, who shall hold office until TN
| election TO be held in February 1910.
Thus done and passed at my office in III
| City OF New Orleans, on the day, month an
| wear, herein first above written, in the pres
| ence of Theodore A. Beck, and Miss OdIl
ses who have hereunto signed their name
/ with the said Appearers and me, Notary, afte
| due reading OF the whole.
| T. a. Beck, OdIe MusSon,
| ]. f. Pierce, Milwaukee, Wis. per Z. W
Smith, Two hundred ninety.eight shares
| A. I, Wright Milwaukee, Wis, per L. "
Smith, One share; f. W. Smith, New o.
| leans, La, One share.
| ROBERT LEGIER. Not. Pul
/, the undersigned Recorder Of Mortgage
in and for the Parish OF Orleans, State
Louisiana, do hereby certify that the aboN
and foregoing act OF Incorporation OF Il
PIERCE INVESTMENT COMPANY, II
CORPORATED, was this day duly records
in my Book, ll27, folio
| New Orleans, La, January 18th 1915.
| EMILE J. LEONARD. by
4 true copy from the original act.
ROBERT LEGIER, Not. Pu
| Revenue Stamp
Jan. l4-2l-2S. Feb. 4-ll-lS