The herald. [volume] (New Orleans, La.) 1905-1953, 1917-03-08

dent, a secretary and a treasurer and such
election shall be held at the first meeting
| OF SAID board following their own election
Until their successors have been so elected
president, the said Allen II. Johness shall
be vice-president, F. Otway Denny shall be
secretary and Francis d. Charbonnet, IT,
shall! be treasurer.
majority of the votes cast shall be necessary
20 elect or TO decide any question; each
Stockholder shall be entitled to one vote fol-
each share OF stock standing in his name
on me books OF the company, and such vote
may De cast IN person, by proxy as pro.
vided in Section IL of Act No 267 of l9i4
SAID board OF directors shall provide by
resolution, for the manner and form of Civ.
ing notlces OF election, meetings. etc, both
OF the stockholders and the board itself
Such board shall also make such bylaws
rules and regulations as may be necessary
10 properly carry out and exercise the du.
ueS- powers and privileges OF this corpora
ton, herein provided for, including the is.
sue, registration and certifcation OF its cap.
Ital stock, the manner and method of voting
OF exercising the stock in other corporations
ana the interests IN partnerships and firms.
and shall generally have and enjoy all rights
privileges and powers allowed or usually ex.
creased by boards of directors under the laws
OF this state.
amended or changed upon complying with
the provisions of Act No. 267 of 1914, rela.
tive TO the same.
Article NIII.-On the dissolution of this
| corporation, tor any purpose or reason lis
AFFAIRS shall be iiqu dated by three com.
| miSsionerS, 10 be elected by the stockhold
ers, as provided by Section 30 of Act No
| 2o7 OF 1914.
Article IX-No liability shall attach 70 any
stockhoider OF this corporation. for any fault
| OF omission or commission of this corpora
| tlon in any manner, except for the unpaid
balance due by him on the shares OF it.
| ,i,a1
nm or Tor any sum or amount that he may
ne indebted 10 the corporation. No infor
! mality IN the organization OF this corpora
ton shall expose the stockholders thereo
! 70 any liability, except as above provided
! Article A.-Ihe subscribers to the capita
| stock OF this corporation have written op
| posite their names the amount and numbe
OF shares Of such capital stock, in order t,
| scHptlon list thereof, which original sub
| scrlptlon list is follows: Ferdinand Katz
80 shares. $2SO; Allen II. Johness. IS
shares $3.50; F. Otway Denny, 20 shares
! $1,000 Francis d. Charbonnet, Jr. 10
shares. $780, Otto J. Mayer, 50 shares, s.,
500; Albert 5 White, 100 shares, 5000; p
Seton SchHeldau, 100 shares, $500; Jane
| Flotte, 80 shares. $500. Ali OF said sub
! paid for IN cash, and such subscription bein,
Tor the entire capital stock of said corpo
/ ration.
Thus done and passed. in my Office. at III,
! City OF New Orleans, on the day and DAFT
first above written, in the presence Of Loui,
+. Sauve and Raymond Gauche, compe;en
witnesses, who sign with said appearers anC
me. notary, after reading OF the whole.
| Original signed: Ferdinand Katz, .
shares; F. Otway Denny, 200 shares; Jane,
Flotte, 50 shares; A. II. Johness. $50 shares
4. ). White, 100 shares; p. Seton Schnei
dau, 100 shares; Otto J. Mayer, 50 shares
r. d. Gharbonnet, Jr. 100 shares. L. F
Sauve, Raymond Gauche
F. D. CHARBONNET. Notary Public
l. the undersigned recorder of mortgages
IN and for the parish of Orleans, State o
Louisiana, do hereby certify that the abov,
| and foregoing act of Incorporation of III,
| Colonial Land Company, Inc" was thi.
day duly recorded in my office, in bool
| 1906, folio -.
New Orleans, January 26. 1917.
(Signed) EMILE ]. LEONARD, DIV. R
| true copy.
F. D CHARBONNET. Notary Public
| Feb ] IS p march 8