The herald., 1915-04-15

> TO exercise all the powers of the cor
| poration, as well as to carry out il
/ objects and purposes all withoU
reference 10 or authorization by tn,
StoCkholdcTS--bu nothing herein Shal
give said board any authority to inter.
fere in any manner with the rights o
the holders Of preferred stock.
From time to time said board shall
adopt rules, regulations and bylaws ful
the MANAGEMENT and control of the bust
ness and affairs of said corporation. and.
IN ITS dissertation. shall cancel, change
Il and modify the same.
II ArtICleNl.-\O subscriber hereto or
! Stockholder of the corporation shall ever
! be held liable or responsible for the con-
| tracts, faults or debts of said corpora
| uon; nor shall any mere informally in
! its organization have the effect of
! rendering this charter null or of cN-
posing any subscriber or stakeholder to
! any liability beyond the unpaid balance.
| II any, due on the share subscribed for
| or owned 10y him.
Article VII.-This act of incorpora-
ton may be changed, modified, or
altered, or said corporation may Ice
dissolved. with the assent of the holders
OF two-thirdS of the common stock of
the corporation whose owners are
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 to each StOCkhoIder at
his place of residence. as shown on the
books of the corporation. but no change,
MODIFICATION. alteration. or dissolution
shall i'm any manner abridge affect or
interfere with the rights and privileges
of the holders of preferred stock as
established herein,--thiS charter being
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 hquidatOrS from among their num-
her To lquidate and settle the business
and affairs of said corporation, in case
of death, or disability of any said liqui-
dators the survivors or the remaining
llquidatOrS shall appoint a successor to
such liquidator. Said liQuidatorS are
hereby given full power. either by court
or law proceedings or without such pro-
ceedinSS. 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
and settle all disputed, questions and
matters; and shall have and exercise all
other powers necessary and usual To
fully and finally settle, wind up and
liquidate all the business and affairs of
the Coporation and distribute it's net
assets or funds among its stockholders
IN accordance with their respective
rights.
Article NIII.-The names of the first
Board of Directors and their post office
addresses are as follows: Alfred j
Moore. 2O3 Marsh Place Building.
Waterloo. Iowa; Charles Carroll sol
Hennen Building, New Orleans Louis
ana: John Frost. Jessup, Iowa; Charles
+. Hearst, Cedar Falls, Iowa: \. 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
Charles Carroll as Vice-President. and
with Anton Slifsgard as Secretary and
Treasurer, shall serve until the election
To be held on the Thursday following
the first Monday of February. 1916. and
until their successors shall be elected.
The names and post office addresses
of the subscribers hereto and the num-
Der OF shares which each agrees to take
in the corporation are as follows. viz:
Alfred J. Moore. 203 Marsh Place
Building, Waterloo, Iowa. seventeen
hundred shares of preferred stock, |
SS5,OOO.O0 and six thousand nine hun
dred and seventy shares of common
stock, $34S.5O0.00; 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 T.. Call |
Mount Auburn. Iowa, ten shares of |
common stock. $4,000.
Thus done and passed in my office |
on the day, month and year first above |
written, in the presence of AzZo j. |
Plough and Irwin a. Boyer. competent |
witnesses, who have signed with the |
parties and me, Notary, after reading |
the whole.
CSigned) Azzo ]. Plough. Irwin A.
Boyer. Alfred J. Moore, Charles Carroll |
Bert T. Mowbray, w. +. Call. (SignedD |
Henry G. Mccall. Not. Pub. (SeaD.
Certificate of Recorder: /, the un- |
dersiGned Recorder of Mortgages in and !
for the Parish of Orleans. State of |
Louisiana do hereby certify that the |
above and foregoing act of incorpora- |
ton of The st. Charles Development |
Company. incorporated. was this day |
duly recorded in my office, in Book 1857. |
folio -. New Orleans. April Is. 1915. |
(Signed) Emile J. Leonard, by. r.
Certificate of Notary: /, Henry |
George Mccall, Notary Public, in and |
for the Parish of Orleans, State of |
Louisiana. do hereby certify the above |
and foregoing TO be true and correct |
copy of the original act of incorpora-
ton of The st. Charles Development |
Company, Incorporated. together with |
the certificate of the Recorder of Mort |
cages thereto appended. the whole on
file and of record in my nOtarial office. |
In witness whereof. / have hereunto set |
my hand and affixed my official seal, |
this 18th day of April, 1915. (Signed) |
Henry G.. Mccall, Not. Pub.