The herald., 1917-10-04
CHARTERS.

Company dca,er, in all KIND, Of second
hand building materials. etc, sad Dixie
Dcmuli,hing Company being partnc ship
composed Of JOS T. Johnson and Robcr,
Cause, Jr., together with all materials and
assets presently located a. 22l1-21g Dyddc,
street. and all fixtures parapheE"dlla, open
accounts, good Will all ut winch property o.
the SAID urr shall be taken IN payment OF
board If directors hereinafter named a: the
sum OF iDr;y-eigh: hundred dollars tS+5oJ6ul
and set forth and more detailed a. ipl-
lows: $4,000 feet 90. lumber a. Honey Island,
$1,000; SO,Gu feet Of lumber IN yard Dry
AIDES street, $Sls.bl, DIOR, windows. etc. in
yard D-yai,> street. $1,000; States, Ro,nng
Pape-, Tiles, by adr, street, $1,000; Auto
mobile AMI ;Np IraIlc-N, $3.50; Once bald
S~0s; Bills receivable, Sll9T; Cash on hand
and i'm bank, $llio.O!; total, $iSnp.
Article lN.-The capital stock OF this cor
po-a,ipu Is hereby declared - Ne the sum
oi ave thousand dollars t$5,"n0D divided
int, ui:y go share, Of one hundred d'llATs
lSlprW each
Thi- c,rporA,i,n snail begin hu,ine,s i'm
relid:cly after the filing u TIN, Charter
in the mortgage oficc IN the Parish Of Or
leans. io- ~ -errrdt'lnn.
~ ,:,rkhaldc- shall sell ~ dispose Of any
II he stock Of thl, corporation. without INST
having offered the same t'r sale - the
other Stockholders by letter addressed 70
he dresden; or TO nc bDarl OF directors,
said stock, not - exceed the actual book
value thereof a. he time VI sad offer. Aiter
thirty days from receipt OF such written
offer and the failure Of the Stockholders or
any ni them - purchase sad stock the owner
there; shall p" At liberty - sell such stock
Tor no: less than the price - named by
him, 20 any other person OF persons, and no
shares OF stock % 'hIs corporation shall De
transferred on the books Of the compay un-
les the above conditions are complied with
Article N-Thr corporate powers 81 this
corporation shall hc vested in and exercised
by a board Of directors, consisting OF four
Stockholders. The hr>; board q; directors
shall consre, oi u. r ,an'on, K9heri
Cause, IT,, John II. Wiudelklr and +. C.
DUR. all Of said directors being residents
Of The Ci:y of New Or.edn, Louisiana OF
full axe OF majority: with The SAID JOS. +.
Johnson, =, president. and the SAID Robert
Cause. j. a. vice president and treasurer,
who shall hold ;hcIr respective Offices a.
directors and officers until the first Tuesday
are elected and qualify; on the IrSt lues-
dav IN October, 1918. and annually there
Alter, the stockholders shall elect from among
their number a board OF directors consisting
IF FOUR 90 members All such elections shall
ice hv hallo. and ;hc majority OF the votes
east shall cltC,. Each -tockloltcr shall be
sent a written notice Of all elections by the
Stockholders. sent 10 his last know DOM
ellie either IN person cor by mail, fifteen OS)
iav. pripr 90 the holding Of said election.
Each share IT stock shall be entitled 70 one
vote cast BY the holder thereof IN person,
or by proxy.
The board pi directors when elected, shall
within reasonable time after their cleo
ton. elect from among their number, a pres
ilcut. a vIcr-pre.Iient aud secretary
treasurer. The Offices II vice. pre~ldcnt sec
rotary and treasurer may he combined IN one