The herald., 1916-12-14

-
| 4, III - r-.: =,
Of the stockholders. each s.ockhr hcr Shall
/ he entitled to one vote for each share nt
| stock standing I'm hi, name on the book,
! Of the company. al the d,tc Of said ecrrfinr
or meeting. said votes 10 he case in per.
! son or by written proxy, md majority OF
woes H'"" erect
The failure 10 elect directors ~ the an.
| nual meeting shall not dissolve or affect the
| corporation, nor impair Is management in
! any respect, but the directors in office shall
| remain m office until their successors are
elected and qualified.
| Each board Of directors shall elect as soon
a possible after their own election pres.
idcnt vicc-prc ,idcnt, a End vice-presi.
dent, and seCretary-treasurcr, and NAV
grant To- each officer such powers as they
deem mt.
ever cause shall he fIIeJ Ly ,J,. -,a;",;,,,,
director, ANY mcnIrr 81 the 1911 r,,.,
appoint any oibc- director his nrnvv - no. att
in MS nIaIe ,r1 - .. P'0 ... ~; ~ d. :
In, L,,1d anu '"u' a. any meeting oi
g., VII n.
-. slNIH " - nlS "St OF Incorporation may
,o,,'lTu' 1IanRed or altered, or the SAID
corporation may be dissolved with the as
sem OF two-thlrdS OF the capital stock out
S'd"ulHg; al meeting OF the stockholders
- "ou I"' 'Id' purpose ana atttr ten
I 80 n".iTe mas beet gwen by registered
letter mailed to the last known address Of
each StoSKAolaer. Inc said notice may be
waved ny the unanimous consent OF the
s'o'NH"'derS'
In case of the dissolution of the corpo-
ration, its affair, shall be liauidated bv The
directors in Office at the date OF its d;sso.
luton.
Article NIII-No stakeholder shall ever
he held liable for the faults OF contracts Of
the said corporation in any further sum than
The unpaid balance due the corporation on
shares OF stock owned by him, nor shall anv
mere informality in this charter have the
effect OF rendering It's charter null or ex.
posing any stockolder TO any liability be.
youd the unpaid balance due on his stock
ArticI. Iy -Tbo s,,bs,-;,,;,.,. -
William p Einuer E-,ippt oi Soc OF
Mortimer 4 Sber;,L c'nr,eI;s Eafi; s.,ole'
and William I HAS, fnr ,be a moui,.seI;
shares each or an ayg-esoto 90 80, w,
I'VE bnndred JaIl,se IN COZ i o'ie ''lousdliI
by the transfeT ~ tb;s cornors, -, .t';
date, bv the aforesaid narties as n,r,rnrS
and owners OF the ..In,nrno,;'al p S ~
Co" which connanv ;s oomnoned os ~
aforesaid named neyso,s a,,S IL VI tme
transferred ali ,beir r;gb, .;,i WI NV; nase
est i'm the said compan1 and the gu good Iii
Of said company, which is engaged in the
novelty business, with offices in Whitney.
Central National Bank Building of this city.
TO this corporation, the said business being
transferred as 4 going concern in its en-.
tirety, to this corporation. as per the trans
fer by duly authenticated Act OF Sale.
passed before Lyle Saxon, notary public
which said business. good will, etc. of the
International Service Co, is valued bv the
ioieSaiu pafleS al the sum OF one thousand
Nv NV INJURED t uoiiars' ana IN which said val
ua.IoiI lle ooarG OF directors OF this corpora
'o' No"NuI anu agree
Article N.-Thc subscription of Mortimer
a. Sherick to five thousand nine hundred
seventy shares, or the equivalent of ffty.
nine thousand seven hundred dollars $50
.ouol OF the capital stock OF this corpora
aioIi, u eorereI by me transfer to this CON-
SSdny ." ms d3te by the SAID Mortimer A
::'neIiCS OF all ms rlght, title and interest
III Si.u - Sertfh klhd OF drinking cup
M, ~ Ior ~hSh patent mas been applied
t toi' the sdIq mortimer n: Sherlck having
;r,.e,oss al OF ms right' title and
4,ts0'NSt ~ ana 10 Sald drinking cup ma
c cnl ana the patent rights thereto, TO this
authenticated ACT Of sale nassnd 49, guy
Saxon. notary public: which said drinking
cup machine as a novelty, and the patent
rights thereto, are valued by the said Nor
timer A. Sherck at the sum of ffty-nine
seven hundred dollars 59,7OOj, and
III which valuation the said board of direc-
tors herenabove named concur and agree.
Article ,NL-The subscribers hereto have
IL o,,n.r, |Il.ee i OPPOSITE tnelr names
this corporation. 50 thai his act os ;ncor |
poration NAV also serve as the original Sub. /
scription list of the corDorotion and tbey
have stated their post office addresses so ,s
to conform with Act No, 967 Of the tenerai
Assembly of the State OF louisiana. for the
year 1914.
4, nus n;. done and passed in my office. in