The herald., 1918-01-24

ring in the Board of Directors may be filled
by the remaining directors for the unexpired
term. At the first meeting of the Board of
Directors, after their election, they shall
elect from among their number a President,
a Nice-Presdent and Secretary-Treasurer.
Article Nl.-Ihis act OF Incorporation may
be amended, changed, or altered, or this cor.
poration may be dissolved with the assent
Of the stockholders holding and owning
three-fourths of the capital stock thereof,
who may be present or represented at a
general meeting of the stockholders convened
Tor that purpose, and OF which due notice has
been given.
Whenever this corporation shall be dis.
solved, either by limitation or from any other
cause, its affairs shall be liquidated by three
Commissioners. TO be appointed for that pur-
pose from among the stockholders. at a meet
ing of the stockholders convened for that
purpose; said Commissioners shall remain in
office until the affairs of said corporation
shall be fully and finally liquidated Any
vacancy occurring among the liquidators
from any cause whatsoever. shall be filled
by the remaining Commissioners
Article NII-No stakeholder shall ever be
liable or responsible for the contracts or
faults of this corporation in any further
sum than the unpaid balance due by him
on the shares OF stock subscribed 20 or
owned by him; nor shall any mere infor-
mality in the organization of this corpora
ton have the effect OF rendering this char
ter null, or OF exposing the stockholders 10
any further liability than the unpaid amount
which may be due on his stock subscription.
The list Of subscribers hereto shall serve
as the original subscription list of this cor
pOratiOn.
Article Willard whereas it appears tina,
w. s. Bender has subscribed for so shares
OF the capital stock OF this corporation, now
the consideration for the issuance of 7:
shares of said stock, to the said Renda-
IS the transfer sale and exchange bv The
said Bender TO this corporation. of a certain
option held by him for the purchase of GER
tain real estate situated. being and Ivin,
in the Parishes of Orleans and Jefferson Mi,
state and which option has been appraise,
oy the Board OF Directors of this corporat;or
al the sum f$375OOO all as will more full,
appear by reference TO a certified copy O
MS, corporatlon passed before Herman
Michel, Not@ry Public. on this date, an
nexed hereto and made part hereof
Article IN-Ihe names and addresses O
sne nrst Board OF Directors and the sub
scribeTs to the stock Of this corporation. ar,
as follows: George G. Earl. 1919 Henry Ola,
Avenue, w. S Bender. $500 s. FrankIi,
Street, Never Eisemen. 722 Common Street
Z. VI. Dalglrn, 3O5 Baronne treet. c, F
Gelbeke, Gretna. Jefferson Parish Ia
Thus done and passed in INV notariaI of
nee at the City of New Orleans, La, in tn
presence of Messrs. John L. Corcoran an,
George w. Simons. competent witnesses VIII
nave hereunto signed their names with sal,
-NOtdly, Que rcadlnj
of the whole.
(Original Signed Geo G. Earl, 1919 Henr,
Clay Avenue, 5 shares; w, s. Bender $50
5. franklin Street, 80 shares; Meyer Else
| man, 72 Common Street. shares; l. NJ
Dalgarn. 305 Baronne Street. shares; Chas
F. Gelbke, Gretna, La, shares. {
Geo. w. Simons, Jno. L. Corcoran,
II. MICHEL, Not, Pub.
/, the undersigned Recorder of Mortgages
in and for the Parish of Orleans, State o
Louisiana, do hereby certify that the abov
| and foregoing Act of Incorporation of tn
| Fort Leon Land & Timber Co., Inc, wa
this day duly recorded in my Office in Boo
New Orleans. La, December 10Th, 1917.
(Signed EMILE J. LEONARD, d. r,
| State of Louisiana, Parish of Orleans.
/, Herman Michel, Notary Public. dull
commissioned and qualified in and for tn
Parish of Orleans, State of Louisiana, d
| hereby certify that the above and foregoin
| IS true and correct copy of the Act @
| Incorporation Of the Fort Leon Land & Tin
| Der Co.. Inc, together with the certihcat
| of the Recorder of Mortgages thereon, tn
| original of which is on file in my Office.
In faith whereof, I have hereunto set m
| hand and affixed my Notarial Seal, at tn
| City of New Orleans, La, this End day @
January, 1918
Jan 10 II "a 81 Feb "a