The herald. [volume] (New Orleans, La.) 1905-1953, 1916-03-23

Irllyr- full rl.s share, ~ ..,t ..f..~l
! 1r .lI.gat-.-, = ,,ri -.-,.-....... 90, -.
I u,ur ID None. p .--..,rF b. .r...a, e.. O. ~.
services a- r-..--.v ~ -.,,-. .,,.r-,. --
] cctycI lv sad ...-r..-..,.., -, r.-.......
! forth. ami shall h.y. r.,y.-- p. a. m ..
| acts and things rs may be- .-.-s..,-,. o.,
| carry out the OBJECTS i1r which ,als c,--
! porat,1u Is organized Tx, i.-a..,-. 81,
| constitute quorum .1- ~, ,-.r.sr,,.., ~.
any business A. any r7err,-y II he L,7..i
/ II director, any f--rc.,- ab.r.,. --,., -
meeting may De represented by auv other
director wh, may ,a,t the vote af said ab-
sent director. Tn. board u director, ,'-.Ir
have the power. by unanimous vote Il ~.
less than twy.thiri, Il an directors. q, sell.
lease, mortgage lbv bond mortgage g- ,,l.-.
wlseJ or t. pledge any and al >, ,E -
erty, movable and imw1vahle H.I,npI-y >
the corporation. ~ % receive - cv-A1,,,s
therefor money 1- stock. n- T,-E. ~ -
porar.1n Of any character. yyi,lnY. -air--ir,
to the shareholders 10Y the D,V.- ?, a, So
and they may also purchase f,- st,Ik IN
this COMPANY for cash M ,-, ..-.I.. ,,.1,,.-,,,
Of any kind required Tor The .,-,-nIsa Il he
corporation, wlrh,,l, AUTHORITY n ~. -
holders
Until the expiration Of their term as
successors are elected and jnstSIIrI tS,.
board Of director, shall be c,r,DnsrI ~.
Eugene r. Barry EsJ. address AZ Aui,bn-
street; Edward II. Keep. ESQ, 1881 STATE
Street; and J. 4 St-prgJcrg E.1 SIN IN,
pie Street. with Eugene 1 R4rry a, D-as,.
dent. Edward H. Keep As yi,r.rr.s5 len. 7rI
!. \. Str0mhcrg as secretary -trcg,.rrrr
Article NI-Nhcurvc~ This r,rp,-s.:7r
shall be dissolved either by Iir,ittr-,r nv
from any other cause. ITS affairs shall he
hqurdatcd bv three ,torLh,IIers ., L. an
pointed at a general meeting Of s,ockh1lIrTs
provided by Law. said commissioners Shall
remain IN office until the affair, nj ,,iI -,~.
pu-atlpr shall have been fully settled and
hqultatcd and they shall have full power and
d..
assets and rrrpr-,,- ~ ,Lr r.~,,,-,, 80, -
to distribute the proceeds. In Ease Of dr,.h
" disability 5r resignation Of one or more
commissioner or commissioner. the ,.7.,,,..,.
Article NII-Th;, act Of Incorporation may
be modified. changed or altered. Or sad e.
Poratlpn may re dissolved with the asscn,
II two-thIrd> of the entire outstanding can.
Ital stock Of all classes represented n
general meeting IF stockholder, convened IN
such purpose. after previous notice shall have
been given as required by law. ANY increase
or decrease OF the capital stock which NAV
be proposed o- made shall be made in &C.
cordaucr with the laws Of the State Of Lon.
isiana on the subject Of the matter OF aItr~.
lions.
Article NIII.-No SJoCkholdc- shall ever be
held liable or responsible fIr m, clr,r,r,s
or faults Of said corporation in any further
sum than the unpaid balance dpe an he
shares Of stock owned by him. nor shall anv
mere informalty in organization have the ef-
feet OF rendering this charter null or expos-
ing any stakeholder to any liability beyond |
the amount due on his stock
Article IN.-Said corporation shall com. |
mence business or operations as soon as the |
number of shares of its caDit,l |
stock required by law Shall have been sub. !
scrlbed dor and the minimum prkortiou /
thereof paid for. And in order thar this /
charter may also serve as an original sub |
scription list the subscribers hereto have
set opposite their names the number OF |
shares Of stock subscribed Tor BY each OF |
them.
There is annexed hereto an accurate de-
tailed and itcmized description. as required