The herald., 1917-03-08

notice may be waived by unanimous con-
sent of the stockholders
At all such elections and at all meetings
of the stockholders, every stockholder shall
De entitled TO one vote for each share OF
stock standing in his name on the books OF
the corporation at the date of such election
son or by proxy, the said proxy to be in
writing, and majority of votes cast shall
elect
The failure to elect directors at the annual
Meeting shall not dissolve this corporation
Tor impair its management in any way, but
he directors then in Office shall remain IN
flee until their successors are elected and
qualified.
Each subsequent board of directors shall
elect as soon as possible from their own
number a president and a secretary-tr treas.
urer as the officers to manage the affairs OF
his corporation, and may grant to the sand
officers such powers as they may deem
proper.
Ali vacancies on the board of directors for
whatsoever cause shall be filled by. the re.
naming directors. ANY, member OF the board
| nay appoint any stakeholder as his proxy
o act for him and in his place at any meet
ng of the board.
Said corporation shall have the right tc
| rake and amend, by its board of directors
BYLAWS, rules and regulations necessary anC
proper for the management of this corpora
Il ton. Three shall constitute quorum fol
transaction of the business of the board.
Article VL-This act of incorporation may
L
| II the said corporation may be dissolved
| with the assent of two-thirds of the capita
| stock outstanding, at a meeting of the stock
| holders convened for that purpose, and afte1
| fifteen days written notice delivered in per
son or at the last known address of each
| stakeholder. The said notice, as aforesaid
| may be waived, by the unanimous consen
of the stockholders. In case of dissolution
| the affairs of this corporation shall be Ii
| quidated by two commissioners elected BY
| the stockholders.
| Article VII-No stakeholder shall ever b,
| corporation in any further sum than the un
| paid balance due the corporation on tn,
shares of stock owned by him; nor shall
any mere infurmality have the effect of rem
| dering this charter null or of exposing thu
| stockholders to any liability beyond tn,
balance due and unpaid on his stock:
| Article VIIl.-The subscription of Geo
VIM Rueff, Sr, to this company for the sun
of $500 of the capital stock thereof tina
is IS shares, is covered by the transfer L
/ this company by said George VIM. Rueff
/ Sr., of certain books and fixtures owned BY
him and heretofore used in his custom hous'
| brokerage business, together with the goot
will of said custom house brokerage bust
ness, all as itemized and appraised on a lis
annexed hereto and made a part hereof
duly sworn to by the directors of this com
| pany; which list is to be read in connection
herewith; the total appraisement of sale
property and good will, as appears on saiC
| list, amounting TO the sum of $4,000
/ Detailed and itemized statement, descrip
tion and appraisement of the books fixtures
| good will, etc, referred to in Article VIII
| of the Charter of Geo. VIM. Ruef, Inc, TO
/ which there is issued to Geo. VIM. Ruef
seventy-hve shares full paid non-assessabl'
| shares of stock in the Geo. VIM Rueff Inc
Socks, Treasury Decisions Bound,