The herald. [volume] (New Orleans, La.) 1905-1953, 1917-08-30
CHARTERS.

years from the date hereof; to contract, sue
and be sued; to make and use corporate
seal; 10 purchase and receive, lease, hold.
hypothecate, property, real personal and
mixed; to name and appOiNt such officers
and agents the interest # said corpora
ton may require; and to make and establish
management and regulation of its aairs
may be deemed necessary, and the same 10
change and alter at pleasure.
Article 1.-The domicile of said corpora
ton shall be in the City of New Orleans,
State OF Louisiana, and all citations and
other legal process shall be served upon the
president Of said corporation, and in the
case OF his absence, upon the wee president,
and IN case Of the absence OF both OF these
ohcers, upon the secretary thereof.
Article III-The objects and purposes fo-
which this corporation is established, and
the nature Of the business 20 be carried
on by it declared to be, TO buy, sell.
receive and ship -four, feed, fruit and grain,
-, water minerals and such other CONNER
cIal products may be legally and right
IuIiy bought, sold, shipped and delivered,
and, and generally to do all acts and TO
enter into all contracts that may be neccs-
Sary', convenient or appropriate in the ac-
conplIshnent OF the aforesaid purposes.
Article IY.-The capital stock OF this cor
porAiion shall be twenty-five thousand SIS
0oOO) dollars, divided into two hundred and
nifty, ESQ., shares Of the par value Of one
hundred $4,000 dollars per share. pavable
when issued in cash, or other property. and
nay be increased TO the sum Of one hundred
thousand tSlD0G0cW dollars, divided into
one thousand l0G) shares of the par value
Of one hundred dollars $4,000 per share,
and this corporation is 70 he a going CON
Germ when one-half Of the capital stock has
been subscribed and paid for. Each share
OF stock shall be entitled 20 one vote al all
general elections.
liable % responsible for the Indebtedness
faults. or defaults OF this corporation, nor
shall any mere infornalty in the organiza-
non Of the corporation have any effect of
rendering ne charter null Of exposing
the s:ock h0ldcrs 10 any liability beyond the
unpaid balance, If any, on his stock sub
scrlptIon.
No transfer Of stock shall be made or held
70 be valid and binding unless made on the
books OF the company, and unless made IN
Such transfers may be made either at the
office Of the company IN New Orleans. Lou
islana, or az AviSton, Illinois.
Article Nl.-Ih!s corporation shall have all
powers granted To- such corporations by law
aud shall have the power to cOx:raci. sue
ard be sued in its corporate name 10 buy,
sell, receive and ship flour, feed, fruit, and
gram, OIL, water, minerals and such other
commercial products a may be legally and
-ghtfuly bought, sold shipped and dellv-
10 do any and all acts and things OF any
other KIND, nature OF description, as may be
necessary 10 carry out the objects and pur-
poses OF said business as its Interests and
convenience may require.
Article VII-The business of said corpo.
ration shall be directed by and vested in
a board OF directors composed OF five stock
holders, q majority OF whom shall constitute
a quorum for the transaction OF all business
and the said directors as FIRST constituted
( I-,,a
J. SchiaAy. 90 Fred J. Lager. a. Aug
>ch!ahy. - Fred Schlafy. And they shall
IoId otrce until the last Saturday in August
1918, and that day and from each and
every day thereafter elections shall be held
annually for directors al the principal office
4 the. corporation Failure 10 hold an elec-
ton on the day specified shall not dissolve
he corporation, but the directors in office
shall hold their respective offices until an
election shall be held after ten DAYS notice
OF The time and place thereof given 70 each
StOckholder. The annual election shall be
held the last Saturday Of August 1915
and thereafter on the last Saturday OF Au-
gust in each succeeding year, and the d-
rec;orS shall be chosen by ballot, and the
election shall be held between the hours
Of ten A. VI. and four P NJ. All vacancies
on the board of directors for whatever cause
shall be hlled by the remaining directors.
Paul C. Guignon shall be the FIRST president.
Hubert J. Schlafy shall be the first vice
president and treasurer ard Fred J. Lager
shall DC inc nI-I secretary ana tleN snail
hold Office until the last Saturday Of August,
1918 AID each succeeding board OF directors
thereafter shall elect is principal officers Tor
the term Of their election, and only stock
holders shall be eligible for election as a
member of the board OF directors.
Article NIII.-Whenever this corporation
IS dissolved, either by limitation. OF for any
other cause. its affairs shall be liquidated
by the board Of directors, who are hereby
vested with full power to sell any and all
assets OF the corporation, either separately
~ in mass, and to convey full and CON-
ple.e title thereto. and shall have full power
% do and perform all acts necessary and
proper to fully and completely liquidate the
affairs and distribute the proceeds. if any,
among the stockholders of the said corpo-
ration 10 the amount Of stock held by each.
Article 1N.-This act OF Incorporation may
he amended, altered modified, or this cor
poration dissolved by a vote of three fourthS
of the shares OF the total amount of stock
at meeting convened for that purpose after
ten days notice in writing mailed 90 the
address o. each stockholder.
Thus done and passed, in my notarial Of
hcc, in the city Of New Orleans, State of
Louisiana, on the day, month and year first
Bennett and Robert f. Bell, competent wit
nesses, who have hereunto signed their
names, together with the parties hereto and
me, notary, after reading of the whole.
Fred J. Lager. SO shares; l622 Pine Street,
New Orleans, La; Aug Schtafy. Al shares,
4442 Linder Boulevard. St, Louis. No, by
Fred ]. Lager, Agt.; Fred SchlaAy, Al shares.
Carlyle, Illinois by Fred J. Lager. Agt.
Paul C. Guignon, a. shares. Aviston, H., by
Fred. J. Lager, Agt.; Huber Schlaiy, A.
shares, Carlyle, Ill, by Fred J. Lager, Agt.
Witnesses: Azelie Bennett Robert f. Bell.
A. A MORENO, Notary Public
Certificate.
I, the undersigned, 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
Avston Flour Co. Inc, was this day duly
recorded in my Office, in Book 1912, Folio 800
New Orleans, Aug. |, 1917
EMILE J. LEONARD, by. R.
A true copy of the original now on file
in my Office.
A. A. MORENO. Notary Public
Aug 10 % 80 Sepet Is