The herald., 1917-02-01

treasurer, and +. {. Canning, secretary.
Article NL-This act OF Incorporation may
corporation may be dissolved in the man
ur- provided by law, by vote OF two
a.-i, Of the entire outstanding capital stock
y all classes present or represented at a
general meeting Of the stockholders con-
vCucd for such purpose, after a previous no
trcc shall have been given in the manner
above required to be given Of the annual
meeting Of the corporation. The capital stock
Of the corporation may be increased or de-
creased by proceedings in accordance with
the laws Of the State of Louisiana.
Article VILE this corporation shall be
dissolved either by limitation or from any
other cause. its affairs shall be liquidatcd
BY three commissioners to be appointed at
the meeting Of stockholders convened for
the purpose OF liquidation, and TO be elect
ed by the vote Of all the stockholders vot-
ing upon a parity. Said liquidatorS shall
remain in offce until the affairs of said
corporation shall have been fully settled and
liquidated, and they shall have full power
and authority to transfer and give title 20
all the property and assets OF the corpora
ton, and to distribute the proceeds. In
case Of death, disability OF resignation OF
one or more liquidators, the vacancy shall
be filled by the survivor or survivors.
Article NIII.-No stakeholder shall ever
be held liable or responsible for the con-
tracts or faults OF said corporation in any
further sum than the unpaid balance due on
the shares Of stock owned by him, nor shall
any mere nfOrmality in organization have
the effect Of rendering this charter NULL or
Of exposing any stockholder to any liability
beyond the amount due on his stock.
Article lN.-There is annexed hereto an
accurate, detailed and itemzed description
Of certain property, being certain lands in
the Parish OF Cameron which to be con-
veyed to the corporation IN payment OF GER
tain subscriptions for ll20 shares of lbs
capital stock, showing the amount, location,
extent, character and state OF Improvement
of said lands, together with a statement OF
the value thereof appraised by the direc-
tors of this corporation. And in order that
this charter may serve the original sub
scription list, the subscribers hereto have
indicated Opposite their respective sigma
lures the number of shares OF stock sub
scribed for by each of them.
Thus done and passed at my office in the
city of New Orleans, on the day, month and
| year first above written, in the presence OF
| Leo Furlong and F. E. Kelly, competent wit
nesses, who have hereunto subscribed theil
names, together with me, notary, and saic
appearers,, after due reading OF the whole;
| Original Signed: Subscribers names omit
| ted. Witnesses: Lea Furlong, F. L. Kelly
| l, the undersigned recorder of mortgages
| in and for the parish of Orleans, State o.
| Louisiana, do hereby certify that the above
and foregoing act of Incorporation, of thu
Mermentau Land and Mineral Company, Inc
was this day recorded in my office, in b0oI
(SigneO EMILE J. LEONARD, by. R.
! /, the undersigned notary public. in ant
for the parish of Orleans, State Of Louisi
ana. do hereby certify that the foregoing
is true and correct. copy of the origina
act of Incorporation of the Mermentau Min
eral and Land Company, Inc, OF record il
my notarial office.
WATTS X. LEVERICH, Not. Pub.
Dec Is jan II l8 25 feb