The herald., 1916-10-12

Orleans, La; Oscar Edmond Semel, ,ll4
| Banks Street New Orleans, La; Edward
James Kennedy. Y; n. Galvez Street, New
al directors and shall hold office until the
| third Tuesday in January, 1917, or until their
successors are elected and qualified, each
| subsequent board shall take their seats i'm
mediately following their election, OF as soon
| thereafter practicable and shall hold their
! office until their successors shall have been
! elected and qualified. The directors herein
| above named shall select their own officers.
| The officers elected and designated TO serve
until the third Tuesday in January. 1917,
| or until their successors shall be elected are
| as follows. to-wit:
| John Edward Kennedy. president; Oscar
| Edmond Semel, vice president, and Edward
James Kennedy, secretary and treasurer.
| On the third Tuesday in January, 1917, and
| annually thereafter an election for directors,
| BY the stockholders shall be held at the office
| Of the corporation. after fifteen OS days
! notice thereof shall have been given in per-
! office, properly addressed 10 the last known
| address of the stakeholder of said meeting.
| Every board of directors shall at its first
| meeting after its election, or as soon there
| after practicable, elect from their own
number a president, and a first vice-presi-
dent.
The said board of directors shall also elect
| a secretary and a treasurer, who may COM
| bine the said two Offices in one person.
failure to elect directors on the date above
! specified shall not dissolve the corporation,
! but the then existing board Of directors shall
| continue in office and another election shall
| be held as soon thereafter as practicable at
a time to be fixed by the board Of directors
| then in Office, whereof fifteen days prior no.
nee shall be given IN the manner hereInabove
provided, which notice shall be full and COM
Plete notice to all stockholders of such meet.
ing.
Any vacancy in said board Of directors from
any cause shall be filled by the remaining
directors. majority Of the members of said
al ~ hall nm
for the transaction and management Of all
business of said corporation. They may make
such bylaws, rules and regulations they
may think proper for the transaction Of the
business and affairs of -ald corporation, and
change, alter and amend same at pleasure;
appoint and fix salaries of all officers, clerks
and employees, the same to change or dismiss
at pleasure, FIX salaries for officers provided
for herein, SELL convey, mortgage, pledge,
lease and purchase property movable, immo-
vable and personal; borrow money issue
notes and bonds, lend money, make CON
tracts and sign and cause to be signed all
necessary acts, deeds, etc, to take judicial
proceedings in the name OF and on behalf
Of this corporation, and to do all things which
may be necessary TO be done in the manage
ment Of said business and may be permitted
by laws, applying TO corporations and declare
dividends.
dispose Of any of his stock in this corpora
ton until he shall have first offered same 10
the other stockholders. Said offer OF sale
shall be made in writing addressed and de-
livered to the president of this corporation,
and shall name the lowest price for said
stock. which said owner will take. The pres
ident shall acknowledge the receipt of such
notice and shall immediately communicate
The contents thereof TO each stockholder.
After fifteen days from the receipt Of said
written offer and failure of said stock
holders or any Of them TO purchase said
stock, the owner thereof shall be allowed 10
sell such stock 50 offered TO any other per
son persons for not less. however, than
said price offered said stockholders hereof.
Article IN.-This act of incorporation, may
poration may be dissolved with the assent
Of three -fOurths of all its outstanding stock
at any general meeting of the stockholders
Of said corporation, convened for that purpose,
after previous notice given in the manner
hereinabove set forth in Article VII. But
any and all meetings Of stockholders, wheth-
er for purpose OF liquidation or for any other
purpose, may be held at any time without
notice by unanimous consent OF all stock
holders in writing filed with the secretary.
Article N.-The president, or acting presi-
| dent, may IN his discretion and shall, upon
the written request of one stockhoder. call
a special meeting Of the stockholders of this
| corporation.
Article XI-No s,ockholder shall ever be
| liable responsible for the contracts or
| faults of this corporation in any further sum
! than the unpaid balance due 10 the company
| on the shares owned by subscribed for
| by him; nor shall any informality in the or
D
charter null or OF exposing the stockholders
! to any liability.
| Article XIT-Whenever this corporation is
| dissolved. either by limitation or from any
! other cause, its affairs shall be liquidated
under the SUPPLEMENTARY Of two stockhold-
| ers, 10 be chosen for that purpose by a ma
| or represented at a general meeting of the
stockholders at which the election is held.
| Said commissioners shall remain in Office UNI
| nj the affairs Of said corporation shall have
{ haa soil, It, II. II
| OF one OF the comuJ ssiOners. or refusal or
inability to act, the surviving or remaining
commissioner shall continue 10 act and shall
select apother stockhoder in the place and
stead OF the commit sSiOneT who shall have
ceased to act
This said charter shall serve as the orig.
lnai subscription list, the subscribers hereto
having set opposite their respective names
the number Of shares OF stock for which they
| have subscribed
Thus done and passed. in my Office in the
city OF New Orleans. aforesaid. on the day,
month and year first above written, in the
presence of Messrs. William A. Kennedy and
| Cal F. Hadden, competent witnesses, resid-
| ing in this parish, who hereunto sign their
after due reading OF the whole.
Original signed: J. f. Kennedy. 300 her
| vile St. 20 shares; o. f. Semel, 3ll4 Banks
St, 20 shares; F. j. Kennedy, l2l n. Galvez
! den.
W. Mel. .FAYSSOUX, Not Pub.
j. the undersigned deputy recorder Of mort
| cages, IN and for the parish of Orleans, State
| of Louisiana. do hereby certify that the above
and foregoing act of ncorpoI alton of the
Kennedy Semel Cleaning Company, Incor-
porated,' was this day duly recorded in the
book 1901, folio.
New Orleans, Louisiana. Aug 81, 1916.
(Signedl EMILE J. LEONARD, by. R.
for the parish of Orleans, do hereby certify
that the above and foregoing is true and
correct copy of the original act of incorpora-
ton OF the Kennedy Semel Cleaning Com
pany, incorporated" and of the certificate
OF the recorder of mortgages for this parish
thereunto appended, and of record in my Office
In faith whereof have hereunto set my
1916
W. Mel. FAYSSoUX. Not. Pub.
(STAMP)
Sept IL p 28 oct s u
CHARTER.