The herald. [volume] (New Orleans, La.) 1905-1953, 1917-08-09
CHARTERS.

gage. pledge. lease and purchase real and
personal property, to borrow money isSjr
notes and bonds, lend money, make con.
tracts and sign and cause 10 be signed all
necessary acts, deeds, etc, 10 take Judicial
proceedings IN the name OF and on behalf Di
The corporation and generally % do any d"l
all things reasonable, convenient and niece
-ary Tor the proper carrying ON OF the JUS
mess and affairs Of TINS corporation.
The board OF directors may issue full pad
shares Of stock for cash OF the same may
ne issued for property actually received by
Or services actually rendered unto the sad
corporation, and the said stock shall not a.
any time be issued fotr less ;han par.
All transfers OF stock shall be made on
The books OF the company, and under SUCH
rules and regulations as the board OF dlrco-
Article ViI.-The following shall corsti-
tute the first board of directors: Harry \.
k. Bruce BrOugh, Lone Oaks Farm, san An
tonic, Texas; Gabe ). Negcucr, ll9 y. Union
Ave, Chicago, Illinois; James L. Nelson.
$50 Division St, 81. Louis, No.
Monday II February, 1913, or until their
successors are elected and qualified, each
subsequent board shall take their seats I'M
media,eiy following their election, or as soon
office until their successors shall have been
elected and qualified The directors here
.ua',ove named shall select their officers.
The officers elected and designated 70
y,
1918. until their successors shall be elect
cd as follows, to-wlt:
H. A. Benncrs, PRESIDENT; X. Bruce Brough.
ice-president; c. ). Wegencr, secretary, and
J. l.. Nelson, treasurer.
Article NIII-Whenever this corporation
shall be dissolved, either by limitation, or
from any other cause, its affairs shall be
Inundated by three commissioners to be ap-
pointed from among the stockholders at d
general meeting OF the stockholders CON
veucd for such purpose, OF which meeting
notice shall be given IN the manner and time
provided for stockholders meetings by Ar
tclc Nine of this charter, and a majority in
amount of the capital stock OF SAID cor
poratiou, represented at such meeting, shall
be requisite to elect SAID commissioners
shall remain in office until the affairs Of SAID
corporation shall have been fully hqudated.
In case OF the death OF one or more OF said
commissioners, the vacancy shall be hlIed by
the surviving commissioners.
Article IN-This act Of Incorporation may
be modified. changed or altered or said cor
poratIon may be dissolved with the consent
Of three fourths of the capital stock repre-
scented at a general meeting OF the stock
holders convened for such purpose, and after
notice shall have been given in one or more
newspapers published in the City OF New
Orleans, once a week for four weeks pre-
ceding the meeting, and by write notice
to each stOckholder mailed to him al his
known place of business, domicile thirty
days prior to the date of meeting.
Any change proposed or made in reference
to the capital stock shall be made in accord
ance with the laws of the State OF LOuisI lana,
on the subject Of Altering the capital stock
Of corporations" But any and all meetings
Of stockholders, whether for the purpose OF
liquidation or any othe- purpose, may be
held at any time without notice by unani-
nous consent OF ali stockholders in writing
filed with the secretary.
Article N.-The president or acting pres
ident, may in his discretion and shall upon
-, LII Il DO
call a special meeting of the stockholders Of
this corporation.
Article NI-No stakeholder shall ever be
held liable for the contracts OF faults of
said corporation, in any further sum than
the unpaid balance due the corporation on
the share of stock owned by him; nor shall
any mere infOrmality in organization have
the effect Of rendering this charter null, or
Of exposing the stockholders TO any liability
beyond the unpaid amount remaining due on
his stock.
Article NII.-The subscribers hereto have
written opposite their respective the
amount of stock in this corporation sub
scribed for by each of them, and this act of
Incorporation shall serve as the original sub
scription list Of said corporation.
Thus. done and passed in my office at the
City of New Orleans, on the day, month and
year hereinbefore first written in the pres
ence OF Messrs. Louis A. Hubert and Ed
mund X. Mabry, competent witnesses, who
have hereuntO signed these presents, together
.
due reading of the whole.
Original Signed Harry A. Benners, Seven
Hundred GOO shares. 90 Neron Place, New
Orleans, La; X. Bruce Brough. one share
%. Lone Oaks Farm, r; F; D. No. T., San
Antonio, Tex; Gabe s. Wegener, Seven
Hundred 600 shares, 1l9 No Union Ave,
Chicago, H.; James l.. Nelson, Seven Hun
dred 600 shares, 300 Division ST., ST. Louis,
Mo. L. A. Hubert, f. X. Mabry
w. Mel. FAYSSOUX, Not Pub
I. the unders gned, deputy 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 The Benners Salt Company. Incorpor-
ated," was this day duly recorded in the
mortgage Office of the Parish of Orleans, in
Book l2l2, folio -.
New Orleans, La, July IL, 1917
(SigneD EMILE J. LEONARD,
Deputy Recorder of Mortgages
/, the undersigned notary public in and
for the Parish of Orleans, do hereby certify
that the above and foregoing is a true and
correct copy Of the original act of incorpora-
ton of THE Benners Salt Company, Incor-
porated," and of the certificate of the recor-
der of mortgages for this parish thereunto
appended. and of record in my Office
In faith whereof, l have hereunto set my
hand and official seal this seventeenth day Of
July, 1917.
w. Mel. FAYssoUX, Not Pub
July 70 20 Aug ? 9 10 %
CHARTER