The herald., 1915-09-16

have been t-'y elected and qualified.
thereafter tEe directors shall be elected
annually OF the seosnd Monday IN August Of
each year .esl0nlng with the year 1917; all
elections %; directors shall be BY ballot and
each Sr.cs1..lcr shall le entitled 70 one vote
iu- cash share u stock standing IN his name
on the books q the corporation, this vote
O. be east lu person Or by proxy. and It shall
represented 60 elect.
Failure - elect the board Of directors on
the second 1iay m August, 1917. or auuu-
ally thereafter. shall not work forfeiture Of
his charter but the old board Of directors
shall remain Iu o-5rr until thcir successors
are elected and qualified
A-tir.e NL-ihe board % directors shall
hold regular meetings At such times as shall
re .NcL IN the bylaws Of This corporation
/. These meetings shall be held al the d1micIle
% the cooperation, but the president may call
special meetings 0t the board Of directors az
such times - he may deem advisable, and he
shall be required 20 call such special meet.
lrEs whenever requested % DO 50 By three
members u the board Il directors Three
days notice 81 such special meetings shall be
gwen IN UrrtlrS To the directors unless
waiver II notice IS signed by the directors
Any vacancy occurring on the board either
from death. resignation, or inability to serve
Sha.! be n.led BY the board Of directors. at
rs next regular meeting after such vacancy
tors q tins corporation shall be required %
draft suitable bylaws for the government of
this corporation, which may De altered. amend
ed or changed 'as the eNgencies OF the case
may require.
Article VII-The stock Of this corporation
may be transferred, provided such transfer
shall he recorded upon the books Of the cor
p0ratluu before Il shall be required 70 recog-
nize the transfer or the new holder Of said
stock. The total amount OF the subscribed
stock herein set forth IS the sum Of sew
enty-rye thousand lSS6OCpO dollars. which
Is hereby authorized 20 BE issued fully paid
a is IN
Tor property or services. according 20 law.
Article Nlll-Ihis charter may be nlOdi-
ned. or altered. the capital stock thereof in
creased or decreased. or the corporation may
he dissolved with the assent Of two-thIrds Of
the capital stock present or represented at
any meeting OF the stockholders held for that
purpose after prior notice in writing to each
stocsho'der or mailed 20 him at his last
known post ofice address. all IN accordance
Nth the terms Of Act 1o7 Of 1914
Article lN-At the expiration Of this char
Ter, or the earlier dissolution Of this corpor-
at!un Tor any cause. ITS affairs shall be liqui-
lated by one or more liquidators to be elected
by the stockholders, all Of whom shall hold
stock N said company and said commission
eTs are hereby vested with full power and
authority % lquda.e the affairs Of said com
pauy. With full power 20 act under the terms
Of section thirty go II Act 167 Of 1914
Article N.-The appearers hereby declare
hat they have subscribed % the following
lumber q shares of the capital stock Of this
corporation, to-wit:
L. II. Price. Z9s Prytania s., New Orleans.
La, four hundred and tweu;y-fJur shares;
samuel Michel, l2jl y. DorgeHois ST. New
Orleans, La, s-venty-hye shares; T. J.
Michel. Gn Canal St New Orleans. la. one
hundred and Sey-Uty-nyr shares: Victor s
Michel, i-'9 y. DorEcn5is St, New Orleans.
Ia, severty-hye shares. T. g. Price. 2705
PrytanIa s.. New Orleans La one share
The said subscriptions Of l. r. Price. F. J.
Michel and T. g. Price shall be fully paid for
and settled hy the transfer BY them 70 this
corporation Of all the assets. property. busi-
ness ard good xill Of the United Fish and
Oyster Company. Limited. Of New Orleans,
acquired by them by purchase from the liqui-
dat0rs % said company. an accurate, detailed
and i'euizei statement ard description Of
such property being hereto annexed 20 be
read IN connection herewith, and the said
property and good will having been duly ap-
Praised by the directors Of this corporation
az the values set forth IN said annexed mem
oraEdu-.
The said subscriptions Of Samuel Michel
and Victor 6. Michel shall be fully paid Por
and settled by The transfer BY them % This
corporation Of certain property. real and per
S1nal. an accurate and iterized statement ard
DESERT u0n q said property being hereto ar
rrXed. 20 be read in connection herewith,
ard said property and good will having been
duly appraised az the values set forth IN the
said annexed memorandum. In addition %
said annexed memorandum In addition %
the stock hereby exchanged for said property
shall 1c paid the sum Of aftecn thousand
slsl000 dollars. in cash, 5y this corpora
tlgn for said property, IN accordance With
their agreement aad contract with this coEl-
pary.
Thus done ard passed. in ny Office. in the
city 4 NeV Orleans, on the day, month and
year. ars: above written. IN the presence Of
:, Clair Adams ard Arthur 2. Ps-t--. coma
potent witnesses, who have signed these pres
e--s together With ;Ee said Atlantis a-d ne,
notary, after due reading q The whole.
Original sig-eI. T. H. Price. four hu-i-ei
go - .HH 81 g-a.srsr-