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

proper for the support and management of the
business and affairs of said corporation not
inconsistent with its charter. Said board
snail also have power and authority to fill any
vacancies on its board, to borrow money, and
through the president or some other duly
authorized agent, or agents, to execute mort
cages, issue notes, pledges, bonds other
obhgations, in such amounts and on such
terms as IN their Judgment may be deemed
advantageous, and generally 10 do all things
reasonably necessary for the proper carrying
on OF the business OF said corporations;
also TO issue and deliver full paid shares of
stock and bonds obligations of said cor
poratIon, IN payment of money borrowed, or
money, labor or services or property or rights
actually received by said corporation, as
heretofore set forth, and shall have power TO
do all such acts and things as may be neces-
sary to carry out the objects for which this
corporation is organized.
Until the next general meeting of the stock
holders tor election OF directors, to be held
under this charter on the fourth Tuesday of
successors are elected and installed, the board
OF directors shall be composed of: Z. Albrecht,
Harry a. Black, Whitney Central Bldg New
orleans, La; ): 5. Steiner, Whitehall Bldg,
Article VI.-Notice of all meetings of stock
holders for electing directors or for any other
purpose, shall be given in writing by the see
rotary, to be deposited in the mail at least
htteen days before such meeting, directed to
each stakeholder at his last known address
appearing upon the books of the corporation
unless said notice is waived in writing by
all the stockholders appearing such upon
the books.
Article Widths act Of incorporation may
be modified, added to, changed or amended
or this corporation may be dissolved by and
the assent of the holders of two-thirds in
amount of the then entire outstanding stock
gwen at general meeting of the stock
holders, TO be convened after fifteen days
prior notice, as provided in Article VI of
this charter.
In the event of the dissolution of said
corporation, either by limitation of its char
ter, or otherwise, its affairs shall be liqui-
dated by three commissioners, to be appoint
ed and elected at a special meeting of the
stockholders for that purpose, above pro-
vlded, and who shall remain in office until
the affairs Of said corporation shall be fully
Hquidated; and in the event of the death
or disa bllity OF one more Of said lquida-
tors, the survivors or survivor shall con-
tinue to act.
Article VIII-No stakeholder shall be held
liable responsible for the contracts or
faults of said corporation in any further sum
than the unpaid balance due TO the corpora
ton OH the shares of stock owned by him, nor
shall any mere formality in organization have
the effect of rendering this character null
or of exposing stakeholder to any liability
beyond the amount due his stock, If any
Article IX.-Said corporation shall com
mence business or operation as soon as 1000
lone thousand) shares of its capital stock
shall have been subscribed for and at least
50 per cent thereof have been actually paid
in.
Thus done and passed, at my Office, in the
city OF New Orleans, on the day, month and
year first hereinabove written, in the pres
ence of T. Marshall Miller and Philip A.
Miller, competent witnesses, who hereunto
sign their names, together with said appear
and me, notary, after due reading OF the
whole. Original is Signed Witnesses: Phil
lip A. Miller. T. NJ. Miller. Names of sub
scribers omitted Chas. F. Fletchinger, Notary
Public.
l, the undersigned Recorder of Mortgages
in and for the Parish of Orleans, State of
and foregoing Act of Incorporation of Wash
ley Farm & Development Co. Inc, was this
day duly recorded in my office in Book ll57,
folio =. New Orleans, La, April 9th, 1915.
(Signed) Emile Leonard, d. X.
A true copy.
Chas. F. Fletchnger, Not. Pub.
Apr. May 6-l3