The herald. [volume] (New Orleans, La.) 1905-1953, 1916-02-03

poration is hereby fixed at the sum of Eft,
thousand dollars $5OOOOOO), to be represent
ed by FIVE hundred $500 shares of the pa-
, value of one hundred dollars $4,000 each
payable according to law, which capital stock
may be increased from time to time to the
amount Of one hundred thousand dollars
SlO0OOOO.
Article IV.-Transfers Of stock shall be
made on the books of the company only;
but no transfers OF stock shall be made while
! there exists any Indebtedness on the part Of
the owner thereof to the company
Article VA! the corporate powers of this
corporation shall be vested in, enjoyed and
exercised by a board of directors to be com
/ posed Of three stockholders a majority of
whom shall constitute n quorum for the,
| transaction Of business, which board Of dircc-
, H9 snail be elected annuany on the second
| Monday IN January Of each year and until
| the second Monday in January of 1921. the
! following stockholders shall constitute the
hrst board Of directors, to-wit:
! Oscar L. Nhildcu, 52l s. Charles Street.
! New Orleans, La; Jacob {. Whldeu S2I ST
| Charles Street. New Orleans. La: and g. D.
| NIcplspn. 52l s.. Charles Street. New Orleans
/ La; Of which Oscar r. Whildcn shall be
president. Jacob {. Whildcn, vIcc-prc,idcnt.
and 6. ID. NIcolson shall be sccrctary-trca>-
urcr
All elections shall he by balo, and shall
| DE held At the office Of the company and be
conducted by three commits Suucrs o. be ap-
pointed for that purpose by the board of dlrec-
. tors. aud notice OF such election shall be
gwen by mailing notice Of such election
To each stnCkholdcr OF record al hi, post
oihyc address At least ten day, prior thereto
Zach stakeholder shall be entitled, in per
son or by proxy, to one vote for each share
~ stock owned by him, and majority Of the
votes cast shall elect.
\ failure to elect directors on the date
above specified shall not dissolve this cor
poration, but the then existing board Of d.
reciors shall continue IN office and shall
cause another election to be held as soon
thereafter possible upon giving the same
notice OF election as above provided.
Vacancies occurring in said board shall be
hilcd by the remaining directors.
NJ their FIRST meeting after said election
the board OF directors shall elect from their
own number a president, vice-presidcnt and
secretary and treasurer, which last two
named Offices may be. held BY one and the
same person; II shall also appoint a manager
and all agents clerks and other EMPLOYEES
as shall or may be necessary and fix their |
salaries. Any one Of the officers So consti. |
tuted may likewise hold the office OF mana |
ger.
Said board Of directors shall make and es- |
tabllSh, as well as alter or amend, from /
time to time, any and all bylaws, rules and |
regulations that they may deem necessary /
tor the government and management Of the /
affairs Of the company.
Article NI.-This corporation shall exist
and have and enjoy succession BY its cor
porate name FOR i period Of ninety-uine years
from the date hereof, and shall have and en-
advantages
granted by law to corporations.
Article Nll.-All citation and other legal I
process shall be served on the president, and
III his absence, on the vice president OF said
corporation. In the absence of both of said
othCerS. then said process shall be served on
the secretary.
Article VIII.-Whenever this corporation
is dissolved, by Limitation or from any other
cause, ITS affairs shall be liquidated by three
10 be appointed by the stock
holders, at general meeting to be con-
sened and called for that purpose after
hlrty days notice given in any one of the
iaily papers published in the city of New
Orleans.
Article IX.-This charter of act of incor.
'oration may be modified. changed or altered
IS provided by law.
Article Mo stakeholder of this corpor- 1
.tion shall be held liable or responsible for I
he contracts or faults thereof in any further {
um than the unpaid balance due the com | !
amy on the shares OF stock owned by him.
!or shall any mere informality in ,organiza- .
ION have the effect of rendering this char c
err null or OF exposing stakeholder 10 any
liability beyond the unpaid balance due on ! r
he shares of stock owned by him. t
Thus done and passed, in my Office, at the r
ity of New Orleans, on -the day. month and 0
ear herein hrst above written. in the pres 5
nee of Messieurs August R. Ritter and Ben I
amin Morasca, competent witnesses, who II
ereunto sign their names with the said APP p
carers and me, notary, after reading OF the v
hole. n
Original Signed: O. R. Whilden. ]. c. t
Ihilden, by o. r. Whilden, G.. d. Nicolson. c
y Q. r. Whilden, c. H. Engelhe per II. NJ t
eild, II. NJ: Field, A. s. Hackett, by O. R t
vhi!den. Witnesses: A. II. Ritter, BENZ b
iorasca.
]. NJ QUINTERO, Notary Public. :,
|, the undersigned, recorder of mortgages, :,
, and for the parish of Orleans, State of :
ouisiana, do hereby certify that the above :,
nd foregoing act of Incorporation of The y
entral American Cattle Company, Inc, was =
MS day duly recorded in my office in book \
95. folio - ::
New Orleans, January %, 1916 y
(Signe0 EMILE J. LEONARD, D. R. r
A true copy. p
J. NJ. QUINTERO, Notary Public. p
b 10 II "a march % =