The herald., 1917-10-25
CHARTERS.

the sad firm shall be taken in payment OF
stock subscribed for -ad j? aPp-s,'s y ne
sum OF for;y-eight hundred dollars tS1'o.t.l
and as set forth and more detailed a fg!'
lows. $4,000 feet OF lumber a Honey ana
s. $500; 5000 feet OF lumber IN yard Dry
ades street. SSlo.tI; Doors. windows, etc. N
ward D-y4dcs street, $1,000; States. RooaHs
Paper. Tiles, Dgyades street. SVlh; Aut3-
mobile and NO Ira.lers, $500; once hai.d-
rng. 5000; Ofre furniture and fixtures;
and in bank, Sl.Uu02, total, $500
Article IN.-Ihe capital stock OF ms cor
o1-a.-1n is hereby declared 20 ne the SUN
Of five thousand dollars ls5,Gn9D divided
INTO n:;y so shares OF one hundred dollars
Ta.s cSr55ra,ion shall begin business in
-neiia.elv after the filing Of TINS Cha-;eI
Il the mortgage ONCE in the PARISH OF Or
cans, Tor IL Tecorianon:
~ -,1ckh1licr shall sell or dispose OF any
4 he stock Of this corporation, without ms
having offered the same for sale 70 tic
other stockholders by a letter addressed 20
a- president or 10 the board OF directors,
naming therein the lowest proposed p-Ice OF
SAID stock. not to exceed the actual book
value thereof al the time OF said otter. Are
thirty days from receipt OF such "i-,teh
offer and the failure Of the stoSkA9'dcrs o'
nv Of Them to purchase SAID stock th- oNnr-
thereof shall be al liberty to sell such stock
f1- not less than the price 50 named by
him, 20 any other person or persons, and no
shares Of stock Of this corporation shall be
-~a->ie--ei on the books OF he C0Uiay Tn
-, rA- above conditions are complied with.
Article N.-Thc corporate powers Of TINS
corporation shall be vested in and exercised
! by board OF directors, cons, sung OF Tour
,f7ckh li-rs The hrst board Of directors
Shall consist Of JOS F. Johnson, R05er;
| Cause, Jr, John II. Wiudelk.n and I. I.
Dur, al Of said directors being residents
| Of the City Of New Orleans LOUISIANA 81
| fuI age Of majority; with the SAID JOS. /.
/ 2 KDDe--
| Causse j. as vICc-pres dent and treasurer
| Shp shall hold their respective oihces As
| directors and officers un;ll the hrst tuesday
| \ October 1918, or until their successors
4 ~. -I.rted and qualify; on the first Tues
| Law IN October, 1918, and annually there
| sft-r. the stockholders shall elect from among
| their number board OF directors consisting
| Il f1u- a. members. All such elections shall
| cast shall elect. Each stockholder shall De
| sent a written notice Of all elections Dy Ie
| stockholders, sent to his last know doinl
c5le. either in person or by mail, htteen lIol
| Each share of stock shall be entitled to one
vote cast by the holder thereof IN person
The board of directors when elected shall
within reasonable time after their cleo
non. elect from among their number, pres
| ldeut vice-presldent and a secretary
| treasurer The offices OF vice president, sec
rotary and treasurer may be combined IN one
nj Should any person be named as score
,arv, he may or may not be stakeholder,
as the board may determine.
| All checks, drafts, notes, contracts oeeus
and instruments IN any way involving money
| or assets, must be signed by the president
T and vice-pTesIdent, to be binding on this
| corporation.
. | HE failure to hold an election on the
date herein fixed shall not lnvaldate TINS
charter and such election may be held a.
, any time thereafter, after due notice gwen
, as hereinbefore provided. And ala ottleeTs
, and directors shall hold their respective OF
noes until after such election and until suCH
officers are elected and quality.
Il All vacancies occurring on said board OF
? directors for the unexpred term snail Dc
. | hued by the stockholders in the same manner
as provided for the election OF the board
Any director may appoint by written proxy
1 another person TO act as proxy on sald ooarC
Il and exercise for the time being all the pow
h ers Of such director, and said proxy SO ap
pointed need not be a stockholder.
| The majority OF the board shall constitute
| a quorum for the transaction OF all business
= and the majority vote shall decide all ques
A tons voted on The board of directors ma!
I make bylaws, rules and regulations ioI IN
s government OF the business and affairs
v his company, and alter, amend and chang
\ same at pleasure, and may or may not us
+. a seal, at the discretion OF the board.
81 No employee of this company shall be con
e sidered as employed by the year unless S
r | specially contracted with IN writing. San
n board shall have the right 10 delegate an.
/. Of its powers to any officer officers or agent
!: Of this corporation and generaIly 70 90 an
Il and all things necessary or requisite for III
| transaction OF the business and afslTs OF IN
II corporation.
h Article VL-This act of Incorporation ma
3 be altered or amended or this eorporatio
!, dissolved by a vote of three-fourths /
h | amount of the capital stock issued at
/ general meeting of the stockholders convene
for that purpose. Thirty 800 days previou
s, notice of such meeting shall have been put
! 4 lished in one Of the daily newspapers OF tn
City of New Orleans, and copy OF SAID ne
tice mailed by registered letter to eac
| shareholder at his last known residence.
S, Article VII.-Whenever this company ma
i be dissolved by expiration of this charte
re or otherwise, two liQuidatng commissioner
2 shall be elected by the shareholders at
y general meeting of the stockholders held q
, herein provided Those liquidators sha
| continue in office until the full liquidatlo
of the corporation, or in case OF the deaf
Of either of them, the remaining liquidatC
y shall continue said liquidation until Il
lie shareholders see fit to elect successor
1e Article VIII.-No stakeholder of this CO
= poration shall ever be held liable or r.
J., sponsible for the faults or contracts
al this corporation in any further sum tina
| the unpaid balance due the corporation G
Id the shares Of stock owned by him; nor sha
is any mere nformality in organization ha'
the effect of rendering this charter null,
&c. of exposing q stakeholder to any llaolllty
the amount of his stock.
Il Thus done and passed al my Office in q
City of New Orleans, Louisiana, on the da
month and year herein first above write
n in the presence of Theodore Roehl ar
tWiI S. Mavor, competent male witness
i. who hereunto sign their names with the sa
w appearers and me, notary, after due readii
Of the whole.
IN Original Signed) JOS E. Johnson.
ar shares, New Orleans, La, Robt. Cause,
ed "a shares New Orleans, La. Composing 4
of firm Of Dixie Demolishing CO.., John
n. Windelkn, one share, New Orleans, l.
an Edw. c. DUR, one share, New Orleans, L
~ Theodore Roehl Will s. Mavor
lvI ". MORGAN GURLEY, Not. Pu
d. I, the undersigned Recorder of Mortgage
slim and for the Parish of Orleans, State
.r- Louisiana, do hereby certify that the abo
and foregoing Act of Incorporation Of I
re- Dixie Demolishing Company. incorporated
lat was this day duly recorded in my ofl
he in Book No. 1872, Folio No. 496
FOL New Orleans. Louisiana. Sept. "a, 1917
vel (Signed EMILE J. LEONARD by. r
,e-t certify the above and foregoing TO be
ell true and correct copy Of the original act
me Incorporation of the Dixie Demolishi
10. Company; Incorporated" together with t
tic certificate of the Recorder Of Mortgag
IN thereto appended, and on file in my notar
ey Office.
on Sept u Oct II IS Is Nov
me