The herald. [volume] (New Orleans, La.) 1905-1953, 1915-05-13

proper for the support and management of the
business and affairs of said corporation not
inconsistent with its charter. Said board
shall also have power and authority to fill any
vacancies on its board, to borrow money, and
through the president some other duly
authorized agent, or agents, to execute mort
cages, issue notes, pledges, bonds other
ooligations, IN such amounts and on such
terms as IN their judgment may be deemed
advantageous, and generally to do all things
reasonably necessary for the proper carrying
on OF the business of said corporation; as
also to issue and deliver full paid shares of
stock and bonds or 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 for election of directors, to be held
under this charter on the fourth Tuesday OF
January 1916 or until their duly qualified
successors are elected and installed, the board
OF directors shall be composed Of: +. AlbreCht,
Whitney Central Bldg. New Orleans, La. /;
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
fifteen 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 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
given at a 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 special meeting OF the
stockholders for that purpose, above pro-
yIded, and who shall remain in office until
the affairs of said corporation shall be fally
hqudated; and in the event of the death
or disability OF one or more OF said llquiCa-
tors, the survivors or survivor shall con-
tnue to act
Article VIII-No stoskholder shall be held
| liable or responsible for the contracts or
. faults of said corporation in any further sum
than the unpaid balance due to the corpora,
ton the shares of stock owned by him, MOI
shall any mere formality in organization have
the effect of rendering this character null
or of exposing a stakeholder to any liability
beyond the amount due on his stock, II any.
Article 1N.-Said corporation shall com
mence business or operation as soon as loo
Zone 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 hcreinabove written, in the pres
ence of T. Marshall Miller and Philip A
Miller. competent witnesses, who hereuntC
sign their names, together with said appeal
ers 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. /. Fletchnger, Notary
| Public.
|, the undersigned. Recorder of Mortgage.
in and for the Parish of Orleans, State Of
| Louisiana, do hereby certify that the above
lev Farm & Development Co., Inc. was thi.
| day duly recorded in my office in Book ll57
| folio =. New Orleans, La, April 9th, 1915
(Signed) Emile Leonard ID. X.
A true copy.
Chas. F. Fletchinger, Not Pub.
| Abr S-l5-22- 29-May OILS