The herald. [volume] (New Orleans, La.) 1905-1953, 1917-03-08

Z
Hundred and Fifty Thousand (sI51O1O OO
D,rI.-s N he divided i-to Fifteen Hun red
= s.TI .L,-~, o.: he ra- va,ae o.: one Hun
E-.f fSrr.urI D,rr4-s each provided said in
--.... ~ he ge9.:al stock shall have been
...t,-.,.l ia. 49,. ...-Ll,Ii-s ~ a meeting
g.. 81. XIII r.rr,,,.,r. - Ne p-7ys'5rs Of
{ N-,.... y # :A.s rhs-tr-
A-...e V.-Nll of H., corporate powers of
.a, -.~..,ry SIN be vested in. md the man
-g-.rr~. ...4 -,~.-.- NJ rs affair, shall be
! .,..-...a4 "a. . P.,-l 4 D.-sr,r-s composed
.: .r-rr ,.,slrttr--. the membership Of
. which NAV %. ."c-et-,t - number nor eN-
| .rrI."S i've ny ;ue Board 81 Directors q; any
. - s'~ regular meetings. y majority "t the
/ director, shall. ..r,',l'r a qulrIu Tor the
/ transaction u 81. business The Board of
. Directors S.a.. he elected annually By ballot
! r- Che tEh day ~ January 80 each year.
/ Each '..sh..l.. ,aa. p, r"t'aei ~ person
! .r .y r-aNv 60 ore v,,c ;a- every share u
! ,...E nNurl b., him. and all elections shall
| Iy held anie- such rule, and regulations aS
! ".y .c de'r~~ ned 'y the Board o. Directors
| r'tn- '.'tceu B5f lty~' uN'rge av w.. 0t such
election o... Hyy" been sent % each stock.
| a..ir- d, III, ..-' known ,t.-s>S TIE Board
T. b.-ret"-s ta., elected shay. cH.'.aae al
! ''.--r fr~ ore yea or "-'l their ~l.crsso
| shall have been elected and qua,1.sa No
| ia..a.e . c.ce. -aa. .c regarded as q forfeit
! E-r % TINS charter. Any vaga-ly occurring
! .n SAD board shall he ruled by the remain.
( ."E -ec'H-S '.- 'ae uncNpl-rt term; sad
/ board shall. likewise -.cs; che aiiuona. t.c---
! BEES 80 ease ,-ry - r.'t determine 90 l1c-rlSs
! pTTs''-N S'a.. % "~ iI->t meeting after its
| '."''..a n,H."t'r ..t ~ rs number a IrcS-
/ ,fr~', q Nssg.Ire,. der. a Secretary and
! treasure, and may combine any two OF said
/ n'i.sr- A." one person. SAID board snail nave
| -" -i.a' 60 .rr. .H' a"i DISMISS such clerks,
managers ard '-her employees OF the corpora
! '''r as conditions taHy justify or the business
! ", ne cop ,sat. ~ may require. The tenure
~ 'i;.or %, al. Tie employees 81 me corpora.
! Hpn >aa. 'r during the pleasure Of the Board
! q Directors. Any u The directors or otil-
snail a.Ir nj ly written
Instrument another director or s'ockhodcT 20
act as his proxy 2r O., his stead at any one Of
,he meetings. % the Board Of D'reS;ors Any
i me director, Or officers shall have the
rsAt t. appoint by written instrument an
other t'reety- mr. >'ockholder 20 act as his
proxy ~ IN his stead a. any one OF the meet
nay be issued IN raymcn; Tor property or
nights purchased by the corporation or Tor
services az. Hal.y rendered 10 Il. and n pay,
mrnt Of the subscription 20 Four Hundred
~" shares o. said stock by Herman BRAT
mann. the sad corporation may accept the
,-an>icr and delivery Of the business con-
a'ia y '2'd ics S- nTa'an m ms IS oi ny
stock IN trade, outstanding accounts. machin-
cry. cash IN bank, good VIII, etc, the com.
Pa"y 70, assume the, Outstanding obligations OF
Hlar'y SET forth IN detail IN the statement
annexed - and forming a part Of this Act
81 Incorporation. The Board OF Directors
hereinafter named having valued the said
business as going concern at the sum Of
iofiy thousand l$+l'prVO D0Aars' more
than nifty per cent Of the capital stock hav-
INK been subscribed and paid for concurrently
win the execution Of this instrument, This
corporation Sha,. be gong concern at once
Article NI.-No st2ckh2lder shall be held
liable or responsible for the contracts, faults,
: or debts. Of said corporation. nor shall any
mere int2rmalIty IN rs formation have the
effect OF rendering this charter null or OF
exposing a stakeholder 20 any liability
beyond the unpaid balance due on the shares
owned by HIM
Article NII.-This Act of Incorporation
NAV be changed. modified or altered. or this
corporation may BE dissolved with the assent
OF the stock holders owning two-thirds of the
convened for that purpose and after at least
ten davs' written notice OF the meeting has
been given through mail addressed TO each
stSekhoidrr at his last known place of resi-.
dence. In case of dissolution by the expir-
alton Of this Charter, or otherwise. the stock
| HI .L-oo g.,