The herald. [volume] (New Orleans, La.) 1905-1953, 1916-12-28

the stockholder first rendering to the trans.
fierce or pledge It's book value.
/ Article Van powers of this corporation
/ shall be vested in. and the business and
| affairs shall be managed by a board of di-
| rectors, consisting Of five 81 directors, who
shall be elected annually at a meeting OF
| he stockholders on the second Monday in
| January Of each year.
Article VI-The first board of directors
/ shall consist Of: VIM. p. Flower, No. sos
/ Union ST., New Orleans, La; Frank A.
/ Lonsshore, 1928 St. Charles Ave, New Or
/ leans, La; Mortimer 4. Sherrick, 1910 ST.
| Charles Ave. New Orleans, La; Cornelius
/ Modinger, 81 Audubon St, New Orleans,
| Ia; Wm. L. Halsey, Cosmopolitan Hotel,
/ The said William p Flower shall be pres
| dent OF this corporation, William L. Hal
] Sey. vice president. Mortimer A. Sherick End
/ vIce-president. and Cornelius Modlnger. sec
| retary-treaSurer OF the corporation; all of
I whom shall hold office until the second Mon
/ day IN January, 1918, or until their success
Sors shall have been duly elected and con-
All elections shall be by ballot at the
othce OF the company, under the supervision
II two commissioners TO be appointed by the
board of directors. Notice of such meeting
shall be given by the srcretary-treasurer in
writing, delivered TO each stakeholder in
person, or mailed to his last known address,
At least ten QO) days prior TO such election
but this notice may be waived by all of the
stockholders.
At all such elections. and at all meetings
OF the stockholders, each stakeholder shall
ne entitled TO one vote for each share OF
stock standing in his name on the books
Of the company, at the date OF said eecltion
or meeting, said votes to be case in per
son or by written proxy, and a majority OF
votes shall elect.
The failure to elect directors at the an
nual meeting shall not dissolve affect the
corporation, nor impair its management in
any respect, but the directors in office shall
y 49,,
elected and qualified.
Each board OF directors shall elect as soon
as possible after their own election a pres
ident. vice-president, a End vice-presi-
dent, and secretary and may
grant to each officer such powers as they
deem fit.
All vacancies in the board from whatso-
ever cause shall be filled by the remaining
directors Any member of the board may
appoint any other director his proxy to act
IN his pl lace and stead, at any meeting Of
the board.
Article VII.-Ths act Of Incorporation may
be modified, changed, or altered, or the said
corporation may be dissolved. with the as
sent OF two-thirds of the capital stock out
standing: at a meeting OF the stockholders
convened for that purpose, and after ten
days notice has been given by registered
letter. mailed to the last known address of
each stakeholder. The said notice may be
waived by the unanimous consent Of the
In case of the dissolution of the corpo-
ration, its affairs shall be liquidated by the
directors in office at the date of its disco
luton.
Article VIII-No stakeholder shall ever
be 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 any
mere informalty in this charter have the
effect of rendering It's charter null or ex-
posing any stockOlder to any liability be-
yond the unpaid balance due on his stock.
ArFtr IN cube int - 81
William p. Flower, Frank A. Longshore,
Mortimer A. Sherick, Cornelius Modinger,
and William L. Halsey, for the amount of
three hundred dollars $500 or thirty (5O)
five hundred dollars (SlSOOOO), is covered
by the transfer TO this corporation on this
date, by the aforesaid parties, as partners
and owners of the international Service
Co." which company is composed of the
aforesaid named persons, and who have
transferred all their right, title and inter
est in the said company, and the good will
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 a going concern, in its en-
tirety, to this corporation, as per the trans
fer by a duly authenticated Act of Sale,
passed before Lyle Saxon, notary public,
which said business, good will, etc, of the
International Service Co, is valued by the
aforesaid parties at the sum of one thousand
five hundred dollars, and in which said val
uation the board of directors of this corpora
ton concur and agree.
Article N.-The subscription OF Mortimer
A. Sherick to FIVE thousand nine hundred
seventy shares, the equivalent of fifty
nine thousand seven hundred dollars $751;
10000 of the capital stock of this corpora
ton, is covered by the transfer to this COM
pany on this date by the said Mortimer A.
Sherick of all his right, title and interest
in and to a certain kind of drinking cup
machine, for which a patent has been applied
IL
hereby transferred all of his right, title and
interest in and TO said drinking cup ma
chine, and the patent rights thereto, to this
corporation, as per the transfer by duly
Saxon, notary public; which said drinking
cup machine as a novelty. and the patent
rights thereto, are valued by the. said Nor
timer A. Sherick at the sum of ffty-nine
thousand seven hundred dollars $4,000, and
in which valuation the said board of direc-
tors hereinabove named concur and agree.
Article X1.-The subscribers hereto have
respectively written opposite their names
the amount of stock subscribed by them to
this corporation, that this act of incor-
poration may also serve as the original SUBJ
scription list of the corporation, and they
have stated their post Office addresses. so as
to conform with Act No. 267 of the General
Assembly of the State of Louisiana, for the
year 1914.
Thus done and passed, in my Office, in
the City of New Orleans, State Of Louisiana,
ten, in the presence of Justin Green and
Raymond Curren, competent, legal witnesses,
residents of this city, who hereunto sign
their names with the said appearers, and me,
notary, after due reading of the whole.
Original Signed: w. P. Flower, 30 shares,
No sos Union ST., New Orleans, La; w. L.
Halsey, 30 shares, Cosmopolitan Hotel, New
Orleans, La; NJ. A. Sherick, 5000 shares,
No. 4O10 St. Charles Ave, New Orleans, La.
c. Modinger, 20 shares, 81 Audubon St,
New Orleans, La; Frank A. Longshore, 80
shares, 1928 St. Charles ST., New Orleans,
La.
Witnesses: Justin Green, Raymond Curren.
LYLE SAXON, Notary Public.
I, the undersigned recorder of mortgages,
| in and for the parish Of Orleans, State Of
Louisiana, do hereby certify that the above
and foregoing act Of Incorporation of In
ternational Service Company, Inc" was this
day duly recorded in my Office, in book l0l,
| folio =, on the 9th day Of November 1916
Dy Recorder.
1 hereby certify the above and foregoing
act of Incorporation of international Ser
vice Company, Inc.," to be a true and cor
rect copy of the original on file, together
with the certificate of Recorder Of Mortgages
| in my Office New Orleans, 10Th Nov, 1916.
LYLE SAXON, Notary Public.
| dec IA 2l % jan II
AMENDMENT TO CHARTER
OF WENTWORTH SUGAR REFINING
4