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

q ' no "'' ""'".'H dollars '>'''N''
Tins corporation shall begin business T,r-
Ht'H lrt, l~ln. after the tliuv at thr- rnlr5-.
'' the mortgage office OF This parish. Toy -
y, ,r,cihaIdcr shall sell of dispose of any
~ the stock ot thr, ,orpuraulr vItn,u, first
having offered the same Iar sale 90 th, ether
stockholders. by 81 letter .ti-r,,cI a. ts,
president "r :" the board OF directors naming
therein the lowest proposed price Of sand
STOCK, not 20 exceed the actual hook value
lhe'c'i 1t the time OF said offer. After thirty
days from receipt OF such written offer ana
the failure e.! the Stockholders ar any OF them
u purchase sad stock. the owner thereof
H"tI he al liberty To- sell such stock for not
| - IMAM the price SO named by him, to any
| "lMtT person or persons.
| The shares OF stock OF this c,ru,-afrorl shall
| he transferable only on the book, Of the cor.
Porati0n, and no transfer Of stock shall be
| nihdinS or have any effect upon tins corpora
l"i' unless and until made upon its books.
ana pTIor lien on all shares Of stock shall
De retained by this company on the stock Of
any shareholder Tor any Indebtedness. Sc.
| cured or unsecured, however evidenced or ere
StGd, due at any time to the company By the
| ho!dcr OF SAID stock, and all transfers of stock
shall be made subject 10 these conditions
! Article N-Ihe corporate powers OF this
corporation shall be vested in and exercised
! by beard Of directors, consisting # siT
! '6D stockholders. The first board OF directors
shall consist of August Henry FIaspolIer
Tienig HERMAN FiaSpolleI, Charles Herman
I
Henry tlaSpoller and Sidney George Flas.
poHer, all OF SAID directors being residents
OF the city OF New Orleans. Louisiana. of full
age OF majority, with the said August Henry
fIaSpolIer as president, Henry Herman Flas-
P9lIer as hrst vice-presIdent, August Edgar
tiaSpoller as second vice president and
Charles Herman Hammer, as secretary and
treasurer, who shall hold their respective o.
IceS as slreCtors and officers until the second
tuesday IN July, nineteen hundred and six
lSeh ,'lol; or until their successors are
elected and qualified; the said second
tuesday IN July. nineteen hundred and sly
teen and annually thereafter the stockhoId
efs shall elect from among their number a
BOARD OF directors consisting OF six (o) mem.
DeTS' All such elections shall be by ballot
ana conducted under the supervision of two
commissioners TO be appointed by the board
OF directors for that purpose, and for all cleo.
lions htteen u5) days prior notice personally
vi py man must be gwen TO each stockholder,
addressed to his last known domcile Each
Stockholder shall be entitled to cast one vote
Tor each share of stock standing in his nam.
on the books OF the company, either IN per.
son or by proxy.
SAID board Of directors within n reasonable
time after their election, shall elect from
their number president, a first yice.presi
dent and second vice president, and shall
also eject secretary and treasurer; said last
TWO ohces may be filled by one person who
need not be a stakeholder and said board and
othcerS shall always remain in Office until
shTf successors are elected and qualified. ANY
hNed shall not invalidate this charter but
such election may be held at any time there
after on due notice o-;yen ,s -: - me-
vided P'o'
All vacancies occurring in the said had
OF directors between elections shall be filled
by the remaining directors for the unexnired
term oil said board. And any director NAV
appoint by written proxy another nersoy
friendly TO said corporation and a stool
hoider, to act as proxy on said borad and
exercise Tor the time being all the powers of
such directors. VI
-Four (4) directors will constitute a ouorur
Tor the transaction of all business and The
president shall be entitled to one On vote ~
All cases. The said board of directors shall
In an bylaws rules and regulations for
me government of the business and affairs rs
thiS company, and alter, amend and chance
same al pleasure. They shall have full power
10 Duy' SELL mortgage, lease, pawn and pledge
az dnu an property, real, personal or mixed
whenever IN their judgment they NAV den,
Such act necessary and proper 10 issue or
authorize the issuance of obligations nv as
sumo me same; to make all necessary leases
OF suD-Ieases, contracts and agreements. b;re
employ and discharge all Officers cIa-I
agents and employees and to fix all salaries
ana compensations. The said board shall
nave the night to delegate any of its powers
10 any officer or officers or agents Of this cor,
poratlon, and generally to do all things ne
sssdry Tor the transaction of the business ana
iHaiiS OF the corporation and no empIovees
man rn oe considered employed by the year, I'm
Article VL-The officers of this cornor,,;or
"il De the president, first vice-presideut
second wee -president and secretary and tTe,s'
irer and the same person NAV act a. go
etary and treasurer, and said secIet,TS &c,
u may not be a member of the board or
,toI hhoider; The president shall be vested
WIN al the powers Of general manager Of
ne business of this corporation
Article VII.-This act of incorporatio, ma,
&c altered or amended or this corpora,io1
nssoIEed oy vote Of three fourths 90 in
mount OF the capital stock issued at a gen.
raj meeting Of the stockholders convened
or that purpose. Thirty CSO) DAVIS nrevio,,s
iotlce OF such meeting shall have been Dub
ished IN one Of the daily newspapers of the
,.y "a He" OIieans' and copy Of said notice
nailed by registered letter TO each shar,
Older at his last known residence
Article VIII.-Whenever this company NAV
e dissolved by expiration Of this charter or
iIlTi two ~ hquidating commissioners
hall be elected by the shareholders at
enefaI meeting Of the stockholders held az
leren provided. These liquidators sbaI
9Ht!nue IN office until the full liquidation
! the corporation, or in case Of the death
! either OF them, the remaining liquidator
hall continue said liquidation until N.
narehoiders see M TO elect successor 10
II such vacancy.
Article IX.-No stookholder Of this corpora.
ION shall ever be held liable or responsible
Dr. the faults or contracts Of this CORPORATION
% any further sum than the unpaid balance
ne the corporation on the shares owned by
!iHs nor Snall any mere IniOTmality in Or
anizaticn have the effect Of rendering this
iarter null, or Of exposing a stockholdcr 10
ny liability m the amount Of his stock
Thus done and passed at my Office in the
ty OF New Orleans, Louisiana, on the day.
lonth and year herein first above written
the presence Of Louis Pichetto and Alfred
!. Morphy, competent male witnesses who
ereunto sign their names with the said sp-
carers and me, notary, after due reading Of
le whole
Original signed: Angus; H. FlaspoIler. 25
lares; Chas. H. Hammer, shares; Henry
l. Flaspoller ~ shares: Aug f. Flaspoller,
shares; Sid. G.. Flaspoller, % shares; Ber-
ard H. Flaspoller, % shares Louis Pich-
ito, a. +. Morphy.
W. MORGAN GURLEY, Not. Pub.
l. the undersigned recorder Of mortgages !.
. and for the parish OF Orleans, State of -
ouisiana, do hereby certify that the aboye<
nd foregoing act Of Incorporation Of
August H. Flaspoler Company. IlS1z
ted" was this day dull Tecorde4
ffce. in book IDS, folio -.
New Orleans, La, December
(Signed EMILE J. LEONAP
| hereby certify the above hg
, be true and correct copy O! the,original
=, Of incorporation Of the "Auylst H. Flas-
5ile- Company, Incorporated,' together with
he certificate Of the record~r u mortgages,
NJ the parish Of Orleans, hereto appended,
RI Gle and O. record in ny 1'tar-"' once IN
- citv Of New Orleans. Lol'.'ata.
W MORGAN CURLY, Not Pub.