The herald. [volume] (New Orleans, La.) 1905-1953, 1918-10-17
CHARTER.

nave the right and first privilege Of pur-
chasing same after which thirty days notice !
The said stock may be sold in the open mar
ket. The corporation shall commence doing
business as soon twenty five hundred dol
lars OF the capital stock shall have been
subscribed.
ARTICLE IV.-The domicile of the said
corporation shall be in the City of New Or
leans State OF Louisiana. The president, or
IN his absence, the vice president, shall be
the proper person upon whom citation or other
legal process shall be served. Said corpora
ton, unless sooner dissolved, shall exist and
continue for the period of twenty-five years
from and after the date hereof.
ARTICLE V.-An corporate powers shall
be vested in a Board of four directors. The
first board Of directors shall consist of Mar
tin J. Gilman, =. o. address 32S Delaronde
Street New Orleans, who shall be president;
Edwin s Gardiner, p. o. address 94l Wash
ington Avenue, New Orleans, who shall be
ce-president and Zebulon Gamlen, who
shall be secretary and treasurer, Postoffice
address 905 Camp Street, New Orleans, and
Mrs. Elizabeth Doris Donenfelser, wife Of
Martin J. Gilman, p. O. address S2S Delar-
onde Street, New Orleans. Said board shall
continue in office until January :, 1929, on
which date and, thereafter annually, a
board of directors shall be elected on the End
| of January of each year, unless the same
| shall be legal holiday, when the election
| shall be held on the next legal day there
|
| rectors shall elect from their number the
| officers Of the company. The said board is
| further authorized to frame and adopt such
| bylaws, rules and regulations as the offars
and business of the corporation may require,
and II may deem necessary for the CON-
| Quoting and management thereof.
| ARTICLE NI.-This charter may be amend
ed. and the capital stock of this corporation
may be increased decreased this
| poration may be dissolved in the method
| and led hv
| ARTICLE NII.-No stakeholder of this cor
poration shall be held liable or respon-
sible for the contracts or faults of this cor
| poration in any further sum than the unpaid
balance on the stock for which he has sub
scribed. nor shall any mere informality in
organization have the effect Of rendering this
charter null or of exposing stakeholder to
any liability than above provided.
| ARTICLE VIII.-Whenever this CORPORA.
| ton shall be dissolved. whether by liinita-
ton or from any other cause, the affairs
thereof shall be liquidated by three stock
holders to be elected and qualified in the
manner provided for by law. And they
| shall continue in office until the affairs OF
the corporation shall have been fully settled
and liquidated. In case of the death OF
| one of the liquidators, or his refusal or in
| ability to serve, the remaining liquidators
NAV themselves proceed with all the power
| and authority vested in the full membership
And the signers hereto declare that they have
| affixed opposite their names the number OF
shares subscribed by them. and they hereby
declare this to be their subscription list.
Thus done and passed in nv office in the
City of New Orleans, the day. month and
wear herein first above written in the pres
ence of Hubert NJ Ansley and Edmond J.
Jacquet. competent witnesses of lawful age
and residents of this City, who sign thei,
names. together with the said parties and
me. Notary, after due reading of the whole
Witnesses: Hubert NJ. Ansley, E. ]. JAG
quet. Original Signed Martin J. Gilman
"a shares; E. s. Gardiner. 10 shares; Zebulor