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

dictate, combine any two of the above Off
GERS in one and the same person.
On the second Tuesday OF February Of
each year, unless the same should fall on a
legal holiday, then upon the next following
lay day, the stockholders shall elect a board
of directors for the ensuing year. The board
Of directors as we'll as the officers already
installed shall continue in Office until their
successors are elected and qualified. The
election of directors shall be by ballot and
the persons receiving the majority of votes
cast shall be declared elected. For electing
directors, or for any other purpose each share
of stock shall be entitled to one vote, wheth-
err present or by proxy, but no fractional
share of stock shall be entitled TO vote. A
majority of the directors voting at any
one time, in person or by proxy, shall be
any bylaw, and which, when so adopted,
shall be come valid, corporate acts. In case
of vacancy on the Board or among the Off
GERS from any cause the remaining members
of the Board shall have the power to fill such
vacancy. Said Board of Directors shall have
the power to enact such bylaws, rules and
regulations as, IN their opinion, may be nee
|essary and proper for the management, oper-
alton and control of the business of said
corporation.
Article VI.-Notice of all meetings of
stockholders held for the election OF direc-
tors, or for any other purpose, shall be given
in writing by the Secretary and may be
served personally or deposited in the mail
addressed fifteen Q5) days before such meet
ing is held, and directed to each stakeholder
at his last known address, as the same shall
appear upon the books of the corporation,
unless said notice is waived in writing by
all Of the stockholders appearing upon the
books. At all meetings OF stockholders a
majority of the votes cast shall be sufficient
to elect and decide all questions voted upon
except for the alteration, amendment or the
dissolution of the corporation.
Article VII.-This act of Incorporation may
be altered, amended, modified, or the cor
poration dissolved by vote of two-thirds
in amount OF the capital stock represented al
a. general meeting of the stockholders, called
for that purpose, after notice as provided in
Article vi OF this charter; and in case OF
dissolution of the corporation the stockhold-
ers at such meeting shall elect three 81
Liquidating Commissioners, who shall have
entire charge of such liquidation, with au.
thority to sell and dispose of the assets OF
the corporation, and to hll vacancies occur
ring in their number.
Article VIII.-No stockholders shall ever
be held liable responsible for the con-
tracts or faults OF the corporation, in any
further sun. than the unpaid balance due the
corporation on the shares owned by him,
nor shall any mere informality in organiza-
ton have the effect of rendering this char
ter null, or exposing stakeholder to any
liability beyond the amount of his unpaid
stock.
Thus done and passed at my office in the
City of New Orleans, on the day, month and
year first hereinsefore written, in the pres
ence of Frances Eisler and Roy Willie, COM
petent witnesses, who hereunto sign their
names together with said appearers, and me,
the notary, after reading of the whole.
Original is Signed: E. r. Braud, Nichol-
son. Miss, ~ shares; T. B.. Mobley, New
Orleans, 755 Union, One share %; ]. T.
Ololinger, Nicholson, Miss, one share ID
c. w. Storrs, New Orleans, La, 1927 Hamp-
son ST., One share ~.
Witnesses: F. Eisler. Roy Willie.
CHAS. F. FLETCHINGER, Not Pub.
I, the undersigned, Recorder of Mortgages
in and for the Parish of Orleans, State 81
Louisiana, hereby certify that the above and
foregoing Act of Incorporation of Braud
Hardwood Lumber Co., Inc. was this day
duly recorded in my Office in Book l2l2, TO
lilo -.
New Orleans. La. Nov. 26. 1917.
(Signed) EMILE J. LEONARD, D. R.
A True Copy.
CHAS R. FLETCHINGER, Not Pub
Nov g Dec Jan 3