The herald., 1917-03-08

The capital stock Of .his corporat;o, M,
be increased % one hundred thousand do,
lars
Article N.-Na transfer OF the stock shall
be admitted "r held o. be valid or bindins
! so lar a. the company Is concerned, unleS,
made upon the book, Of the company. N,
sale OF stock shall be valid unless such sal,
Is accompanied by q written certificate signed
by the president or vce-preSident and Ser
rotary treasurer of the company to the eFer,
that said stock Is offered to the remainlpg
! directors through the board Of directors Al
/ It's book value Tor period Of ten DAYS and
| they have failed or declined to purchase
/ same.
/ Article Vino stakeholder shall eve, h
/ held personally liable Tor the faults or con-
| tracts OF said corporation in any fur,hs,
| sum than the unpaid balance due 20 the cor.
| pord,Ion on the shares owned by him, nor
| shall any mere infOrmality have the effect
OF rendering the charter null. or Of exposing
! any stoCkholder TO any personal liability
| beyond the unpaid balance due on his stock
Article Nll-Al the corporate powers o.
| this corporation not reserved by law to the
/ stockholders, shall be vested in and exer.
! cised by a board of directors TO be composed
, OF not less than three stockholders nor more
| than hve, a majority of those elected shall
constitute a quorum TO transact business
! The directors shall be elected annually by
ballot by the stockholders at a meeting
convened for that purpose after fifteen days
! written notice to each stOckholder mailed to
his last known address as per the books Of
/ the corporation.
The directors at their first meeting and
| at each annual meeting shall elect frOn
! their number a president, a vice-president
| a secretary and a treasurer, which last tao
| named offices, however, may be combined 4,
the pleasure Of the board. The annual meet.
Ping for the election of directors shall take
place the second Wednesday Of March Of
I nd he n he held
in 1918 the following shall serve as directors
| of this corporations: James c. Menefee, ~
Weis Building, n. o., La; Gilbert ]. Fortief,
Plaquemines, La; James J. 4: Fortier, 20
Weis Building, n. o., La; VIM. 7. Coats
| 81 Carondelet ST., n. O.. La.
The stockholders shall have the right Of
cumulative voting in the election Of officers
or directors.
The failure to elect directors or hold The
annual meeting shall not dissolve or afea
the corporation, or impair its management
| IN any respect, but the directors IN oh0
shall remain in office until their Successes
are elected and qualified.
Any vacancies occurring in said board
shall he filled from the other stockholden
for the unexpired term by the remaining
directors.
Article VIII.-This act of incorporates
may be modified. changed or altered BY
vote of two-thirds of the stock Of this cor
pOration at a meeting OF the STOCKHOLDERS
duly called for that purpose, provided nov
ever, that the objects and purposes OF inco',
pOraton shall not be changed, and the eapiih
stock shall not be increased to more inan
the maximum permitted in the original ~
of Incorporation, nor decreased TO an srounl
less than the corporate indebtednes@
change in objects and purposes may. no..
ever, be voted by all stock theretotore y
sued and an increase Of the capital 500
in excess of the amount originally nsgea
the sum to which the capital may De ID
creased may be made by three-fourths Of J"
outstanding stock. .
| Article IX-Whenever this corporation
dissolved, either by limitation or any O,nu
cause, its affairs shall be liquidated by ~
stockholders elected as liquidating eoI comm,
sioners at a general meeting OF siocshoio ..s
to be convened for that purpose, when w
days previous notice shall have been gisea
to each stakeholder mailed TO his .sl ~
address as Il appears on the oooks . =. an.
company. The said liquidating com aI;s. ~
ers shall remain in office until inc ana "a
the corporation shall have been setueo sn.
liquidated and shall have power 70 ieSN -
all the assets thereof, and disunue
proceeds, if any. and in case Of any n.
cies by death or otherwise OF one " su.J
|, commissioners such vacancy shalI VIC
by the remaining commissioned. h,v,
| Article N.-The subscribers hereto rs. -.
respectively written opposite their hams' 40
amount Of stock subscribed BY mem n.. ~
corporation, so that tins aet VI iSIiYe,;o,iou
NAV also serve as the original Ff.,,1
list Of the corporation, and they na'e to-
their post office addresses, so as " ''''
with Act No. 267 Of 1914. :, "A,
Thus done and passed at my once ~ a
city Of New Orleans, State OF Loulsi sa,;,,,s
the day, month and year first above Va
in the presence Of Louise Jacobs , asi
Rene Xiques, competent witnesses, Ie s,m,s
in This na-ish. who hereunto sign their hsa ~,
I with said appearers and me, notary ~
! reading of the whole. -,
Original signed: Names omitted o.sl,
CHARLES ]. RIVET, Notary rso oss.s
. /. the undersigned recorder, OF me s,s,,
! in and Tor the parish Of Orleans; , u. NJ
: Louisiana, do hereby certify tn1u 80 Ca,
, Of Incorporation OF the Forte5 ao ~ o6r
|. Inc, was this Jay duly recorded in my Vs.
4 in book 300, folio .----. ., ,o,,
. New Orleans. February y, IN IN No z
I (Sigued) EMILE J. LEONARD W
!: " . CHARLES n ARi'EEs J. RIyET, Notary Pa0n''
: march Is % y april