The herald. [volume] (New Orleans, La.) 1905-1953, 1917-01-18

treasurer. and +. {. Canning, secretary.
Article NL-ThiS act OF Incorporation may
D., changed, modified or amended, this
corporation may be dissolved in the man
urr provided by law. by a vote OF two
thirds of the entire outstanding capital stock
1l all classes present or represented at
general meeting Of the stockholders CON
Yrucd Tor such purpose, after a previous no.
above rcquireS to be given OF the annual
meeting Of the corporation. The capital stock
vi the corporation may be increased or de-
creased by proceedings III accordance with
the laws Of the State Of Louisiana.
Article Wilt this corporation shall be
dissolved. either by limitation or from any
5,her cause. its affairs shall be liquidated
by three commissioners to be appointed at
the meeting OF stockholders convened for
the purpose Of Liquidation, and 10 be elect
ed by the vote OF all the stockholders vot-
ing upon a parity. Said liquidators shall
remain in office until the affairs OF said
corporation shall have been fully settled and
lquidated, and they shall have full power
and authority to transfer and give title to
all the property and assets of the corpora
ton. and to distribute the proceeds. In
case OF death, disability or resignation of
one or more liquidatorS, the vacancy shall
be filled by the survivor survivors.
Article NlII.-No stakeholder shall ever
be held liable or responsible for the con-
tracts or faults OF said corporation in any
further than the unpaid balance due on
the shares Of stock owned by him, nor shall
any mere informality in organization have
the effect Of rendering this charter null, or
Of exposing any stakeholder to any liability
beyond the amount due on his stock.
Article IN.-There is annexed hereto an
accurate, detailed and itemized description
Of certain property, being certain lands in
the Parish Of Cameron which are TO be con-
yeyed to the corporation in payment Of GER
tain subscriptions for llO shares of It's
capital stock, showing the amount, location,
extent. character and state OF Improvement
of said lands, together with statement OF
the value thereof as appraised by the direc-
this charter may serve as the original sub
scrption 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. Kelly, competent wit
nesses. who have hereunto subscribed Their
names, together with me, notary, and said
| appearers, after due reading of the whole.
Original Signed: Subscribers names omit
| ted Witnesses Lea Furlong, F. Z. Kelly
I I, the undersigned recorder OF mortgages
| 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 bool
/ 1901, folio New Orleans, Dec. , 1916
lSigned) EMILE J. LEONARD. by. r.
| l, the undersigned notary public. in an'
for the parish Of Orleans, State OF Louisi
ana, do hereby certify that the foregoing
| is a true and correct copy OF the origina
| act of incorporation of the Mermentau Min
eral and Land Company, Inc, OF record II
my notarial office.
! New Orleans, La, Dec. 1915.
I A fah I