The herald., 1917-03-01

natural person could do or exercise and
which now or hereafter may be authorized
by law.
Article Iv.-The capital stock of this cor
poration is now fixed at five thousand dollars
lS5,OOOOO), divided into fifty shares (5O) of
the par value OF one hundred dollars per
share. Subscriptions Of stock shall be paid
for in cash, at such times and in such
scribers as may be fixed by the board of
directors. subject 10 the limitations in this
regard now imposed by law. No stock GER
payment in full of the shares subscribed for
by him.
The appearers here declared that they have
subscribed, respectively, TO the following
number of shares. of the capital stock of this
corporation, to-wit: Frank NJ. Kelly, 452S
Prytania ST.. New Orleans, 10 shares; Mrs.
E. May Kelly, 4528 Prytania St, New Or
vile. Florida, Z shares; Joseph A. Wisong.
sos Denegre Building, New Orleans. l share.
The said subscription of Frank NJ. Kelly
shall be fully paid for and settled by the
assets, property, business and good will of
the Ice Cream and Confectionery establish
ment conducted by him at Spanish Fort, New
Orleans; detailed and itemized statement
and description of such property being here
to annexed, and the said property and good
will having been appraised by the directors
Of the present corporation at the values set
forth in said annexed memorandum
Article V.-All the powers of this corpora
ton shall be vested in and be exercised by
a board of directors, to be composed OF three
stockholders, who shall be elected at stock
holders meeting, to be held for that purpose,
annually, on the second Monday of January,
at the domicie OF the corporation. At its
first meeting following election, the directors
shall elect from their own number, for the
term of year, a president, vice-president
and secretary treasurer, who shall remain
in Office until their successors have been
duly elected and qualified, and who shall
perform such duties as are assigned TO them
respectively. by the directors and as pro-
vided by the bylaws, rules and regulations
to be adopted for the operation of this cor
poration. The first board of directors elected
the second Monday in January, 1918, or until
their successors have been duly elected and
qualified.
Article vI.-The first board of directors of
Frank NJ Kelly, 4s2S Prytania ST.. New Or
leans; Harry d. Brown, Jacksonville, Flor
ida. ce-president; Mrs. E. May Kelly, 4s2s
Prytania ST., New Orleans; with Frank NJ.
president, and Mrs E. May Kelly, secretary
treasurer; and these directors and officers
shall serve until the second Monday in jan
uary, 1918, as aforementioned.
Thus done and passed in my Office, at New
Orleans, the day, month and year first above
written, in presence of Messrs. Delvaille H.
Theard and Edward Locascio competent wit
nesses, who have signed with the appearers
Original signed: Frank NJ. Kelly, E.
May Kelly, to autorize my wife, Frank NJ
Kelly; H. d. Brown, Jos. A. Wisong.
Witnesses: Delvaille H. Theard, Edward
Locascio.
GUS A. LLAMBIAS, Not. Pub
1, the undersi yned recorder Of mortgages
in and for the parish of Orleans, State of
Louisiana, do hereby. certify that the above
and foregoing act of Incorporation of the
Kelly Concession Co., Inc, was this day
duly recorded in my Office in book 100,
folio 3 New Orleans, January 20, 1917
(SigneD EMILE J. LEONARD, by. R.
A true copy.
Feb | IS p march ! 8