The herald. [volume] (New Orleans, La.) 1905-1953, 1917-12-27
CHARTERS.

| and operate rice milling or other plants, and
generally to do all things necessary or an
cidental to any of the above and foregoing
Article IV.-The amount of the capital
| stock of this corporation is hereby declared
to be Ten Thousand $4,000 Dollars, con-
par value of 500 per share. All of said
| capital stock shall be subscribed at the time
OF organization, and paid for in cash before
the corporation engages in business.
The amount to which the capital stock
may be increased is One Hundred Thousand
CSlOOOoO Dollars, and any stock issued in
the future may be issued at any time by
| the Board of Directors for money or prop
erty actually received, or labor done for the
corporation according to law upon such terms
and conditions the Board of Directors
shall deem proper.
All transfers of stock shall be made on
the books of the company the surrender
of the outstanding certificate and pursuant
to such rules as the Board of Directors may
prescribe
No stakeholder shall have the right to sell
first offering it to the other stockholders
through the Board of Directors for thirty
days at its book value. for cash; and all
stock shall be held subject to this provision
and every sale, pledge, encumbraRce, or other
disposition of said stock shall be made sub
ject to this provision of the Charter.
The Board of Directors shall have. the
power TO receive subscriptions for and TO
issue all STOCK hereafter subscribed tor: but
all such stock and any increase thereof must
first be offered to the existing holders and
owners of stock at the time of such issuance
in proportion to their respective holdings.
Article V.-AN the pswers of this corpo-
ration shall be vested in and the business
and affairs of the corporation managed by
Board of three Directors, who shall be
elected annually at meeting of the stock
holders on the hrst Monday of December OF
each year. The first annual meeting shall
be held on the LIST Monday of December,
1915 until which time the officers and di-
rectors named in this Charter shall act or
until their successors are elected and quail.
fed. The officers of this corporation shall
be President, Vice-President and Secretary
Treasurer; but the Board of Directors may
at any time elect and appoint such other
officers, agents or employees as they desire
and determine their duties; and may at any
time divide the office of Secretary Treasurer
in which even the Secretary need not be
member of the Board of Directors.
The first Board of Directors to serve for
the first year shall consist of: William B.
Burkenroad 4l6 POydras Street, New Or
leans, La; Meyer w. Feingold, 4l6 Poydras
Street, New Orleans, La; Moses H. Badt,
40 Poydras Street, New Orleans, La, with
William Burkenroad President. Meyer
w. Weingold, as Vice-President, and Moses
II. Badt as Secretary Treasurer
All elections shall be by ballot at the
office OF the Company. under the supervision
of two ommssioners 10 be appointed by the
Board of Directors Notice of such meetings
shall be given by the Secretary in writing
and delivered TO each stakeholder in person
or mailed to his last known address at least
fifteen days prior to such election; but this
notice may be waived by all the stockhold-
ers.
At all such elections and at all meetings
of the stockholders, every stakeholder shall
be entitled to one vote for each share of
stock standing in his name on the books of
the Company at the date of such election
or meeting; said votes to be cast in person
or by written proxy; and majority Of the
votes cast shall elect.
The failure TO elect directors at the annual
meeting shall not dissolve or affect the cor
poration nor impair its management in any
respect, but the directors in office shall re-
main in Office until their successors are
Board of Directors shall elect as soon as
possible after their own election a President
Vice-President and Secretary Treasurer
and such other officers as they desire, and
may grant to each officer such powers as
they deem proper.
All vacancies in the Board for whatever
cause shall be filled by the remaining direc-
tors. Any member of the board may appoint
any other director his proxy to act in his
place and stead at any meeting of the
Board. The Board of Directors may make,
amend and repeal bylaws for the regulation
of the Company subject however to such
bylaws the stockholders may make and
not inconsistent Herewith.
Article V1.-This act of Incorporation may
be modified changed or altered, or said cor
poration may be dissolved, with the assent
of two-thirds of the capital stock outstanding
at a meeting of the stockholders convened
for that purpose, and after fifteen days writ
ten notice has been delivered in person or
given by letter mailed to the last known
address of each stakeholder. The said no.
tce may be waived by the unanimous con-
sent of all the stockholders.
In case of the dissolution of the corpora
tion, its affairs shall be liquidated by two
CENh all NA1 h.v II l.
with such powers, compensations and duties
as the stockholders shall determine
Article Vino stakeholder shall ever be
held liable for the faults or contracts of this
corporation in any further than the I'M
paid balance due to the corporation on the
shares subscribed by him; nor shall any
mere informality have the effect of rem
doring the Charter null or of exposing any
stakeholder TO any liability beyond the I'M
paid balance due on his stock.
The subscribers hereto have respectively
written opposite their names the amount of
stock subscribed by them in this corporation
serve as the original subscription list of
the corporation; and they have stated their
p1st-office addresses so as to conform with
Act Isl of 1914
City. of New Orleans, State of Louisiana.
on the day. month and year first hereinabove
written, in the presence of Stephen S. Eige-
ard Albert Marx, competent witnesses of the
ags OF majority and residing in this city,
who hereunto sign their names with the
said appearers and me, notary, after reading
of the whole.
Original Signed: William B. Burkenroad.
4l6 Poydras ST., New Orleans, La, 50 shares;
Meyer W. Feingold. 4l6 Poydras ST., New
Orleans, La, 40 shares; Moses II. Badt, 4l6
Poydras ST., New Orleans, La, La, 10l
shares.
CHARLES ROSEN, Notary Public.
l, the undersigned Recorder of Mortgages.
in and for the Parish of Orleans. State of
louisiana, do hereby certify that the Act of
Incorporation of the International Milling &
Rice Corporation, Inc, was this day duly
record in my Office, in Book 1919 folio -
New Orleans, December "a. 1917.
(Signedl EMILE J. LEONARD, by. R.
(SEAL)
A true copy.
CHARLES ROSEN, Notary Public.
Dec u Jan 3 10 IL "a 81