The herald. [volume] (New Orleans, La.) 1905-1953, 1917-09-06
CHARTERS.

Of its affairs shall be exercised by bol-i
of directors composed Of seven a. stock
holders. a majority IF the direltprs snail
constitute quorum fa- the Transaction Of
all business
Tho I;-e-.,-s sL.v J.. .r.-..4 ,.,-.,,rr,, ~,
-. a.. - -. - 20 49, ..-,,E
T.-'j'' -, r,,...., -, -
w. ion F,-L s.,.iL,rF.r .l,,7 he a,.;,I.J
:, -, ~ L - 49,. -; -,
..I,l, oyyoeI NV l,., - her and ~. ~ ,r.t
- -. -. 80, -. -, n.
..--. 81 ,...-.,- l,r -
L.TI d go - -, - a.
-, - j..1 f, -. - So; -.
-. .L,v ~ ha.r son, - - -.
d III a.. - ~ - -. - IA
'e .H-s'''.N mus e's-.sl '.,.. c,a.-"ae y, /
here after mc1to1ci' Or until their sncceN-
>'rs S2aI have been dn.y e.ectei ani qIt.i-
HSt. ~ ia.'a:e - e'T- >Att 'e regarded Is
forfeiture 81 ms charter.
We Gilei by the remaining directors to~ the
uncxp,rri term
SAID hoard of directors shall. a. is frs.
80, ~, So -. s'c.,.,, ,,rr,;.,,.a I'D -.
rer. ,,It - a.. -,,,,le- a r-a.,lr~+ :, We.
n-e.;ler. and \ .a,~eii7~y .--,s,.-c-
Az .,.,.,.....,. - ..,.,,,-.,. ,.,,.. g..
- W .,T C.,,,.Z r-,.fJ
I signed ~ me 'elafy-teA'AIt'' PROVIDED
,3tt me 3,a.a may ny MAJ ,..-y we, s'r
li"..E ur~ ShA'e some o'heF person ''' pay
hSH'5 ms thye'j -.
.
I % c'rso.'ia'ee any two OF The N1'i "filgeS
mo 'hc, ~ % sgt.egalf Sal Once a. 4ts'
| me 'slt - appoint ana a's,''H' Naya eeIk''
| Man1S'.s ana o'acr e..pl'ye> % t3s OPP
mess o., 'ae e'7i9r.MIon may Iela'5e. me ne
/ tenure OF Once "t all ne employees u ne
/ 5'Ip2Ta"oA sla- ne AZ me pleasure % ''e
! board 'i directors
| Any @?i the directors Or 't'ieers sha.. have
/ the right II appoint. IN writing. aHa,he-
, director Or N'ochA'.der % act as his proxy
/ ana IN Ms s,'il 4, any ana az meetings Ok
/ the board 81 directors
/ Article S.x'h-No s:ockho,ie- shall ever
be held Liable or reNp'E:'i Oh, Tor the ON
/ 'AI's' 'du',a OF "'''' u ''.e 500 N''p'..1.
Ion 10. ma. aS NE .'.. % a. -; -
! 2'H'nZat"n nave me ehel, ot 'e"IeE!l.s
| ms ChSF'er nG.I', or OF exposing Soc ,
| holder to any habi.'y beyond any balance
A;'Icle >eveniA-I , 5ei oi INC FP2ra. .,,1
c'r9,rstion nav he i.,oyyeI witl the assent
! NJ The st,ckI9iir-s 5v9;rg twg.thi-is Of ali
| IN. s,o,k nj hi, ,,-n,~3tia~ a. a genoa,
-. Ic,., zen d,yt' ,-;t-er 900 %: he said
-7saa.ing sLaW- bayr Lre1 riya. .b~5,Iyr
r,r;T sId~a.sad =, s,.r, s.,-Lh,l3e- a. NJ
49, L.- r1st -, No. ~ -r.,Ir~ra
IN r,ss NJ di.s,rr.;,- IN, The eyo;~7+;o- NJ
this charter. W otherwise. the stockholders
! shall elect from among their number. three
liquidators 70 lquia,e and settle the bust
ness ard affairs Of he corporation. In case
u death disability 81 one OF SAID
commissioners or liquidat1is the survivors
o- remaining hqu'dato-s shall appoint a
| successor TO him. The said liqu;ia:ors shall
| have tull power 20 settle said company's
leb,s and divide the remaining money and
| property among the stockholders. They shall
| also have power % meet and act under the
! bylaws Of the corporation and under regu-
| 'ltiors 70 he made by a majority Of said
| hquidators: 70 FIX the price and prescribe
| the terms Of sale OF said property and the
| manner in which the sale shall be made to
| sell and convey the same and take notes
| and bonds. secured by mortgage or otherwise.
| for par; Of the purchase price for all any
| part OF the said property: provided. however,
| that the rights herein conferred upon the
| iquidators may be modified. changed or de-
| nied by a majority Of the shares Of the
| capital stock of the corporation. The said
! l:quidato-s shall have authority TO sue Tor,
| and recover the debts and property in the
| name q the corporation. and may be sued by
| the same name. and they shall be liable in
| solido TO any creditor or stakeholder for the
! moneys and property Of the corporation
! which shall come 10 heir hands or posses
| SION as lgudators and Tor the proper appll-
| cation and distribution thereof.
! Article Eighth.-lt Is hereby declared that
one hundred thousand dollars nave been sub
| Sc-ibed TO the capital stock of this corpora
ton, as follows: