The herald. [volume] (New Orleans, La.) 1905-1953, 1917-04-26

Each stockholdcr shall De enlll4eo III Peiss1
or by proxy to a vote for every share owned
by him, and all elections shall be heid
under such rules and regulations as may De
determined by the board of directors, after
ten days notice by mall OF such e iSS 81
his last known address. The directors mus
elected shall continue in office Tor one year,
or until their successors shall have oeeh
elect shall be regarded as a forfeiture OF
this charter Any vacancy occurring on said
board shall be filled by the remaining d.
rectors for the unexpired term. Cnul me
the following shall constitute the hrst o S
Of directors, viz: William J. Tlerney, Mrs.
William ]. Tierney and Albert P: DONATIONS,
with William J. Tierney as president, AI4ei'
p formations as vice president, ana MIS-
William l. Tierney, as secretary-treasurer.
ANY of the directors 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 VI.-The sum Of twenty -hve nun
! bred dollars has been subscribed TO the cap
tai stock of this corporation, as follows
| AIbert P formations "a shares (residing al
| No 1920 Ursulnes Avenue), William J. iler
| ney, one share (residing at No. S50 Cleve
| land Avenue), and Mrs. William j. Iierney
Avenue, ali in the city of New Orleans: o
| he above amount, the sum OF twelve nun
dred and fifty dollars, has been paid II
cash by Mrs. VIM. J. Tierney, nifty dollar
by VIM J. Tierney, and machinery to tn
| value OF six hundred dollars in Carlisle
Plaquenine Parish, transferred by A. /
Article VII-NO stockholder shall ever b
held liable or responsible for the contracts
faults or debts of said corporation, no
shall any informally in its organization nav
| The effect of rendering this charter null, Q
| Of exposing a stockholder 10 any idIli!.
= beyond the unpaid balance due on the share
| ouned by him
, Article VIIl.-rhs act of Incorporation ma
he changed, modified or altered, or the col
! poration NAV be dissolved with the asser
! Of the stockholders owning two-thirds
D | all the stock of the corporation, at gener'
= meeting convened for that purpose, and ait'
I at least ten days written notice OF IN
+, | meeting has been given through mai, al
, dressed to each stakeholder at his last know
S residence In case of dissolution OF the co
}. | poration by expiration or Otherwise, u
J, | stockholders shall elect three nGuluato
s from among their number, to llquldate ar
: | settle the business and affairs OF the cor
e pany. In case of death or disability OF ar
l. one Of said commissioners or liquldators, II
d surviving or remaining HquLda'ors snaa
5 point successor 10 him. The said liquid
tors shall have full power 10 settle sa
i company's debts, dispose Of its property
y | assets, and divide the remaining balance,
!, any, among the stockholders proPott,oneu
d their number OF shares, having the san
: power to sue and be sued as the board
n directors possessed.
Thus done and passed in my Office on 4
IT dav, month and year first above written,
e the presence of Benz. T. Waldo and STUNT
y n Marks Tr. competent witnesses vi
" have signed with the appearers and n
l. notary, after reading of the whole.
Original Signed: Mrs. w. }. Ilerne
r rSenty-fve shares; TO authorize my vii
d William J. Tierney; William J. Tierney. o.
9t share; A P. Donations, twenty-four share
II Witnesses: Benz. J. Waldo, Sumter D. MARI
!. Jr. -rD cr1ppr NJ. prh
le I. the undersigned recorder OF mortgag
k for the parish OF Orleans and City OF NJ
'e Orleans, do hereby certify that the abo
and foregoing act of Incorporation OF Iierns
D. formations Manufacturing Co., Inc, was Il
er day duly recorded in my office in bookl2
H. | folio -.
o. New Orleans. March q, 1917.
IL (Signed): EMILE ]. LEONARD, by. R
at A true copy from the original act.
O. PETER Stiff, Not. Pub
march % april y 10 % may