The herald., 1917-05-03

, Zach stakeholder shall be entitled in pcrser
or by proxy to a vote for every share oxne,
! under such rules and regulations as may b,
determined by the board of directors, af,e
ten days notice by mail Of such election
| shall have been sent TO each stakeholder a
| his last known address. The directors thu.
| elected shall continue in Office for one wear
or until their successors shall have beer
duly elected and qualified No failure K
| elect shall be regarded as a forfeiture o.
| this charter. Any vacancy occurring on sale
| board shall be filled by the remaining di
| rectors for the unexpired term. Until the
| election for directors to be held as aforesaid
| the following shall constitute the first board
Of directors, viz: William J. Tierney, Mrs
William J. Tierney and Albert P. Bonnaffons
| with William J. Tlerney as president, Albert
] + formations as vlce-president, and Mrs
William }. Ierney, as secretary treasurer
Any OF the directors or officers shall have
the right to appoint by written instrument
another director or stakeholder to act as his
meetings Of the board of directors.
Article Nl-Ihe sum of twenty-five hun
dred dollars has been subscribed TO the cap
tai stock of this corporation, as follows
No. 1870 Crsulines Avenue), William J. Tier
ney, one share (residing at No. 285O Cleye-
land Avenue, and Mrs William J. Tierney,
. shares (resIdlng at No 2S50 Cleveland
tVenue), all IN the city of New Orleans OF
The above amount, the sum of twelve hun
bred and fifty dollars, has been paid in
cash by Mrs. VIM. J. Tierney, fifty dollars
by VIM. }. Tierney, and machinery to the
value of six hundred dollars in Carlisle,
Plaquemine Parish, transferred by A. P.
Article Vino stakeholder shall ever be
held liable or responsible for the contracts,
faults or debts Of said corporation, nor
shall any informality in its organization have
the effect OF rendering this charter null, or
OF exposing stockholder to any liability
beyond the unpaid balance due on the shares
Article NII.-This act of incorporation NAV
be changed, modified or altered, or the cor
poratlon may be dissolved with the assent
Of me Stockholders owning two-thirds of
al the STOCK OF the corporation, at a general
meeting convened for that purpose, and after
at least ten days written notice of this
meeting has been given through mail, ad.
dressed to each stakeholder at his last known
residence In case OF dissolution of the cor
Poratlon by expiration or Otherwise, the
stockholders shall elect three Hquidators
from among their number, 10 liquidate and
settle the business and affairs OF the com
pany' In case OF death or disability of any
one OF said commits sioners or liquidators, the
surviving or remaining lIqudators shall an
point successor TO him The said liquida-
tors shall have full power 10 settle said
company's debts, dispose of its pronertv or
assets. and divide the remaining balance il
any. among the stockholders proportioned 20
their number of shares, having the same
power TO sue and be sued as the board of
directors possessed.
Thus done and passed in nv Office on IN.
day. month and year first above written. in
me presence of Benz. T. Waldo and Sumter
y. Marks, Jr, competent witnesses who |
notary, after reading of the whole.
OTiginal Signed: Mrs. W J. Tierney, |
twenty-five shares; TO authorize my wife |
William J. Tierney; William I Tiernev. one
snare; a. p. Bonnaffons. twenty-four shares.
" illnesses: Benz. ]. Waldo, Sumter d. Mark.
PETER Stiff, Not. Pub.
l. the undersigned recorder of mortgages
or or me PARISH Of Orleans and City of New
md foregoing act of Incorporation Of Tiernev.
DONATIONS Manufacturing CO.. Inc, was this
l1y duly recorded in my office in bookI5O6,
olio - " "O'Ni-oO'
New Orleans, March q, 1917.
t@iened); EMILE J. LEONARD, DIV. R.
y true copy from the original act
PETER Stiff. Not. Pub
march p april u 10 % NAV