The herald., 1917-04-12


or by proxy 10 vote for every share owned
by him, and all elections shall be held
under such rules and regulations as may be
determined by the board Of directors, after
ten days notice by mail OF such election
shall have been sent 10 each stockholder at
his last known address. The directors thus
elected shall continue IN office tor one year,
or until their successors shall have been
duly elected and qualified. No failure TO
elect shall be regarded as a forfeiture Of
this charter. Any vacancy occurring on said
board shall be filled by the remaining dl-
rectors for the unexpired term. Until the
the following shall constitute the first board
Of directors, viz: William J. Tierney, Mrs.
William J. Tierney and Albert P. formations,
with William J. Tierney as president. Albert
p. Donations as vIce-preSIdent, and Mrs.
William J. Tierney, as secretary treasurer.
Any Of the directors or officers shall have
the right to appoint by. written instrument
another director or stockholder to act as his
proxy and in his stead az any and all
meetings Of the board Of directors.
Article NI.-The sum of twenty-five hun
dred dollars has been subscribed TO the cap
ital stock OF this corporation, as follows:
Albert p. formations, - shares tresIdIng at
No 1870 UrsuIines AvenueD, William J. Tier
ney. one share (residing at No $3.50 Cleve-
land Avenuel, and Mrs. William J. Tierney,
25 shares (residng at so. 2s5O Cleveland
the above amount. the sum OF twelve hun
dred and fifty dollars, has been paid in
cash by Mrs. VIM. J. Tierney, fifty dollars
by, VIM, J. Tierney, and machinery to the
Plaquemine Parish, transferred by a. P.
DONATIONS
Article VII.-No s,ockholder shall ever be
held liable or responsible for the contracts,
faults or debts OF said corporation, nor
shall any informality in its organization have
the effect of rendering this charter null, or
of exposing a stakeholder to any liability
beyond the unpaid balance due on the shares
owned BIZ him.
Article VIIl.-This act Of Incorporation may
be changed, modified or altered. or the cor
poration may be dissolved with the assent
Of the stockholders owning two-thirds OF
all the stock OF the corporation, at a general
meeting convened for that purpose, and after
at least ten days written notice OF this
meeting has been given through mail, ad.
dressed to each stakeholder at his last known
residence. In case OF dissolution OF the cor
poratlon by expiration or Otherwise, the
stockholders shall elect three liquidators
from among their number TO EquIdate and
settle the business and affairs of the COM
pany. In case Of death or disability Of any
one OF said commissioners OF hquidators, the
surviving or remaining liquidators shall ap-
point a successor to him. The said lIquida-
tors shall have full power 10 settle said
cOmpanys debts, dispose of its property or
assets, and divide the remaining balance, If
any, among the stockholders proportioned 20
their number Of shares, having the same
power to sue and be sued as the board of
Thus done and passed in my Office on the
day, month and year FIRST above written, in
the presence Of Benz. T. Waldo and Sumter
ID. Marks, Jr., competent witnesses who
have signed with the appearers and me,
notary, after reading of the whole.
Original Signed: Mrs. W. J. Tierney,
twenty-five shares; 70 authorize my wife,
William J. Tierney; William J. Tierney, one
share; A. p. DONATIONS, twenty-four shares.
Witnesses: Benz. J. Waldo, Sumter D. Marks,
Jr.
PETER Stiff, Not. Pub.
I, the undersigned recorder of mortgages
for the PARISH of Orleans and City OF New
Orleans do hereby certify that the above
and foregoing act of Incorporation of Tferney-
formations Manufacturing Co., Inc, was this
day duly recorded in my Office in bookl206,
folio -
New Orleans, March q, 1917.
(SIgnedD: EMILE J. LEONARD, by. r.
A true copy from the original act
PETER Stiff, Not. Pub.
march % april II l9 % may