The herald. [volume] (New Orleans, La.) 1905-1953, 1918-08-08
CHARTERS

Article NIII.-No stakeholder shall eveI
! he held liable or responsible for the con
| tracts, faults or debts of this corporation
nor shall any mere infOrmality in its or
ganizatiOn have the effect of rendering this
charter null. or of exposing its share
holders to any liability beyond the I'M
paid balance due on the stock owned boy
them.
Article IX-The names and post office
addresses of the subscribers to these ar
ticleS of incorporation. and the number OF
shares of stock subscribed by each, are
AS follows:
Albert kOssman. 4117 Prytania St, New
Orleans, La, 49I shares, S49.7OO0O; Mrs
Bella kosSman, 4l17 Prytania ST, New
Orleans, La, share $4,000; Wallace c.
Marine. 1881 y. Robertson St. New Or
leans, Lat, l share, $4,000; Victor Suane
1881 " Robertson St New Orleans La
l share, $4,000; Total, 100000
Article N.--This charter may be amend
ed. altered or changed. at special meet
ing of the stockholders called for that
purpose, after fifteen days notice by mail
has been given to the stockholders of rec
ord. by vote of twO-thirds of all the
outstanding capital stock.
Article XI.-This corporation may be
dissolved, by he vote of two thirds of all
outstanding stock. and upon complying
with the requirements of Section % of Act
26I of the Louisiana Legislature for the
year 1914, and in the event of such dis
solution, liquidatOrs shall be named and
appointed with all the necessary powers
and authority, as set forth in said Act
o67 of 1914.
Article XII.-In addition to the powers
dissolved by the vote of twO-thirds of all
this corporation, the said Board is special
ly vested with the power of purchasing
and acquiring such business or businesses
as in its Judgment may rebound TO the
interest and welfare of this corporation.
and in payment thereof, TO issue Capital
stock of this corporation. to such an
amount as in their judgment said bust
ness or businesses is worth.
Article XIII.-An transfers of the cap
ital stock of this corporation shall he
made and entered on the books of this
corporation, and no transfer shall be in
any manner binding on this corporation
unless so entered. After six months from
the date of this charter, no sale of the
stock of this corporation shall be valid
unless first offered for a period of thirty
days. to the stockholders, through the
Board of Directors. ut a price not to eN-
coed its book value. Upon the failure of
the stockholders to avail themselves OF
such purchase, during the said period of
thlrty days, notation of such fact shall
be made by the Secretary upon such GER
tincate or certificates having been previ-
OuSly rendered in accordance herewith
ana thereafter said stock may be sold
without further restriction. Succeeding
purchasers thereof shall, however. be re-
quired TO offer the same to the stOckhold-
ers, for term and at a value hereinabove
Shdltu btlbTt ulSpOSllE OF same, ana
all stock acquired in this corporation
shall be subject to the provisions of this
charter.
Thus done and passed in my office on
the day and date first above written, in
the presence of Messrs. Edgar NJ Calm
and Irwin Thomas, both competent wit
nesses, domiciled in this city, who signed
these presents, together with the parties,
and me, Notary, after due reading of the
whole, the parties hereto affixing oppOs-
lite their respective names their respective
subscriptions to the capital stock of this
corporation which shall constitute the or
iginal subscription list Of all stock sub
scribed in the corporation.
Original signed):
A. k0sSman, 497 shares: Mrs Bella
kossman, l share; W. c. Marine, / share;
Victor Suane, / share.
Witnesses: Edgar NJ. Calm, Irwin Thorn
as.
THEODORE A. SCHUYLER, Not. Pub
L, the undersigned, Recorder of Mort
cages in and for the Parish of Orleans
State of Louisiana, do hereby certify that
the above and foregoing act of incorpora-
ton of the Belkoma Cigar Co., Inc, was
this day duly recorded in my office in
book 1920, folio POS.
New Orleans, July 3, 1918.
(Signed) EMILE J. LEONARD, by. R.
A true copy of the original.
(SeaD
THEODORE A. SCHUBER, Not. Pub.
Jly 1925 Aug 1-S15-22