The herald., 1916-02-24

ms corporation may be Increased shall h
the sum of $25,OOOOO
me stock of this corporation shall be trans
the ,'eG I'm, IN writing only and the books o
- E'"ppdhy. No stock, however shall n,
transferred on the books nor shall any stool
HoIaer nave the right to sell his stock mi
| dih unless he has first offered the stock Ia,
az % a. IN. me company at the book value there
o. o., ana ma me company shall have the right for
| zen DAYS within which to decide whether il
| ShaII purchase the stock or not II tba COW,
Ti5ay should decide to purchase the stock
| men each OF the stockholders Of the rr,or, 49,
| al me time shall have the right to naItiri
| paIe. III me purchase to the extent Of the BRO.
portion OF his holdings in the company.
Article N.-All the corporate powers Of said
| IJ, a'iOn shaII be vested in and exercised
| - p9dfu OF directors, composed Of three
s.uCNnnIders, a majority Of whom shall. Al
! any 'iihe' constitute quorum: said directors
sa.dL ne elected annually by ballot on the
| second Saturday in January in each -
| except the hrst board appointed in his Sbar'
yer who shall hold their Offices until the SEE
ond Saturday in January, 1917
Each stakeholder shall be entitled in person
| ~ proxy l." one vote for each share Of
cast shall elect.
Notice Of election snail be given bv the
,'-rc'ary-trcasurer OF the company bv wit
| zen notice thereof, delivered personally or nv
drlSscI Sa,"S IN me post office, properly adj
Ny days preceding such meeting
ANY vacancy occurring among the di~r,.
,"rN snail he hllct by the remaining direr-
r rIIaS 10y me uneNWrcd term. \ failure to
S'tNl directors, As above specified shall MI
be regarded as forfeiture If III. rbl-, ''
1u' me directors then IN office shall remain
qualified ~ anu
The board Of directors shall elect from their
'"I nnmn,T a president and vIcc-pr,sIdcnr
I..t Ct secretary treasurer. They shall have
me power and authority 70 appoint and dis.
mss such clerks, managers and other en-
pIuNccs Of the corporation ~, IN rh,.,- ;.,I
mcnt may Dee deemed necessary and =, -
anu define the duties of every officer and
employee. anu
The board may make and establish, As well
a., after and amend any and all bylaws.
."ic> ana regulations necessary and r-,r,r
III rs Judgment Tor the conduct. support and
infringement Of the business anu AFFAIR, nj
Salu corporation. At all meetings of -ba
a.l'eCl'TN' each director shall have the night
stead III MS pace ana
The board OF directors shall have full power
ana authority to borrow money. To execute
mortgages and 70 create liens; To issue bond,
noe ana other obligations, and generally To-
N' an lHhEN reasonable. convenient and nee
vos"ry Tor the proper carryig on Of the bust
ness OF the corporation.
The board may issue full paid shares OF
STOCK Tor cash or IN payment of labor done
OF property actually received by said corpo-
Article NI.-Ths charter may be modified
changed or altered or the said corpa-atior
may he dissolved, or the capital stock nav
De altered IN accordance with law, at A meet.
ing OF the stockholders called for the pur-
pose. after fifteen DAYS written notice Of The
meeting has been given to each stakeholder
dt!lEticd 10 nm personally or through mail
al me post office address designated BY him
Article NII.-Wheuever this corporati..,
may ne dissolved, either by limitation or
FFEaT
iquidatcd by three COMM sSioners to be pa
pointed from amongst the stockholders AT a
general meeting OF the stockholders convened
Tor such purpose, of which meeting notice
shall be given in the manner and time nro.
Nldcd tor stockholders meetings bv Article
81 tins charter, and twO-ihIrdS in amount
OF the capital stock shall be requisite to
eject. SAID commits SIOnerS shall remain in
ONCE until the affairs OF the corporation shall
have been fully lIquidated; and in case Of
death OF one or more of said commits sioners |
me vacancy shall be filed by the surviving
commits siOners.
Article VIII.-No stakeholder shall ever he
neid liable or responsible for the contracts !
faults or debts of said corporation in any
iuTther sum than the unpaid balance due the !
corporation on shares OF stock owned by him: |
nor shall any mere informality in organIza. |
non nave the effect of rendering this char
yer nun or OF exposing a stakeholder to any !
ing due on his stock.
Article lN.-lulcs We'll. New Orleans. La. !
Joseph VI. Seterth, New Orleans, La, and |
been chosen and selected as the first board of /
directors OF tins corporation, with the said |
Jules We'll, New Orleans, La, as president, /
Joseph NJ Serterth, New Orleans, La, as
wee president, and Horace +. Tavarcs New
Orleans, La, As secretary-treasurer to serve
a. such until the second Saturday in Taru.
lry 1917, or until their successors shall have
been elected and qualified.
The subscribers hecrto have respectively
written opposite their names the amount of !
stock m this corporation subscribed for by
zach Of them, so that this act of Incorporation
lst OF said corporation
Thus done and passed, at my office in the
lty OF New Orleans, in the presence of
NeSsrs. Eugene Thorpe and Francis Grisa. |
10Th OF this city, who hereunto sign their
lanes, together with the said appearers and
ne, notary, on the day, month and year
lereinhrSt above written, after due reading
Original signed: jules We'll. New Orleans
shares, $4,000; ]. VI. Seiferth, New Or
sans cans 70 shares, $2'OCo00; H. F; Tavares, New
enc Thorpe, Francis Grisamore.
AL. C.. HAMMER, Not. Pub.
/. the undersigned, recorder of mortgages,
.ouisiana, do hereby certify that the above
nd foregoing act of Incorporation of the |
Jules Wei Co., Inc" was this day duly ,
ecorded in my office, in book ll95, folio 100
LSigned) EMILE J. LEONARD, by. r.
], the undersigned notary public, do hereby r
Gritty that the above and foregoing is a true :
nd correct copy of the original act of ncor. :
oration OF the Jules We'll Co, Inc" on file :
nd on record in my office, together with the | ;
ertihcate of the deputy recorder of mort :
ages thereto attached
Witness my hand and seal this 18th day
February 1916.
SeaD AL. c. HAMMER,
lStamp) Not. Pub.
eb II "a march 9 10 %