The herald. [volume] (New Orleans, La.) 1905-1953, 1917-03-29

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
! be entitled 10 vote for each share OF
! stock standing in his name on the books of
| the corporation at the date OF such election
| OF meeting; said votes may be cast in per
| son or by proxy, the said proxy to be in
writing, and a majority OF votes cast shall
| elect.
The failure TO elect directors at the annual
| meeting shall not dissolve TINS corporation
| nor impair Its management in any way but
| the directors then in office shall remain in
office until their successors are elected and
qualified.
| Each subsequent board of directors shall
| elect as soon possible from their own
| number a president and a secretarytreas-
| urer the officers to manage the affairs OF
| this corporation, and may grant 10 the said
| otncers such powers as they may deem
| proper.
All vacancies on the board of directors for
| whatsoever cause shall be filled by the re.
| naming directors Any member OF the board
| may appoint any stockholder as his proxy
| 10 act for him and in his place at any meet
| ing of the board.
Said corporation shall have the right to
make and amend, by its board of directors,
| bylaws, rules and regulations necessary and
| proper for the management of this corpora
| ton. Three shall constitute quorum for
| transaction of the business of the board.
Article VI.-This act of Incorporation may
| be modified, changed, altered or amended,
| or the said corporation may be dissolved,
| with the assent Of two-thirds of the capital
| stock outstanding, at meeting of the stock
| holders convened for that purpose, and after
| nfteen days written notice delivered IN per
| son al the last known address of each
| Stockholder. The said notice, as aforesaid
| may be waived, by the unanimous consent
| OF the stockholders. In case of dissolution
| The affairs OF this corporation shall be Ii.
quldated by, two commissioners elected by
| the stockholders.
Article VII.-No stakeholder shall ever be
| held liable for the contracts or faults of thi:
| corporation in any further sum than the un'
paid balance due the corporation the
| shares Of stock owned by him; nor shall
| any mere infornaity have the effect Of rem
dering ;his charter null OF, OF exposing The
| stockholders to any liability beyond the
| balance due and unpaid his stock.
| Article Nlll.-Ihe subscription of Geo
VIM Rueff, ST., to this company for the sun
u $3.50 Of the capital stock thereof, that
5 IS shares, IS covered by the transfer tc
| this company by said George VIM. Rueff
ST., of certain books and fixtures owned BY
him and heretofore used in his custom house
| brokerage business, together with the good
| will OF said custom house brokerage bust
! ness, all as itemlzed and appraised list
| 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 sPpraisement of SAID
property and good will, as appears on said
list, amounting 10 the OF $4,000.
| Detailed and itemIzed statement, descrip
| zion and appraisement of the books, fixtures
| good will, etc, referred TO in Article VIII
Of the Charter Of Geo. VIM. Rueff, Inc, for
which there is issued 10 Geo. VIM Ruefi
! seventy-fve shares full paid worcestershire
Books, Treasury Decisions (Bound),
appraised at