The herald. [volume] (New Orleans, La.) 1905-1953, 1918-02-14
CHARTERS.

| corporation IN accordance with the require
ments OF the law and particularly OF Act
So/ OF IVA Of the Legislature of the State
OF LOUISIANA, hereby value and appraise the
! right, title and interest of said Thomas B.
hobley, John +. Clolinger and Edward r
Braud, IN and 10 the contracts aforesaid a,
the sum OF Ten Thousand Dollars CSlOUUOU).
Article Wall the powers OF this corpo-
ration shall be vested IN and exercised by
a Board Of not less than Three 80 nor more
than Five 81 Directors, as determined in
advance each year by the stockholders at the
annual meeting. Each Director shall be A
bona fde StOckholder, and shall own at all
times one Cd tull paid non-pledged share Of
stock. The hTst Board OF Directors shall
Thomas b. Mobley, 755 Union St. New
Orleans, La, John +. Cloinger. Nicholson.
Miss, Edward r. Braud, Nicholson Miss.
i. Inc t5st officers OF this corporation. with
their addresses are as follows:
Thomas b. Mobley, 755 Union S., New
orleans. as President; John T. Clolnger.
Nicholson; Mississippi, as Vicep president:
Edward K Braud, Nicholson, Mississippi,
as Secretary Treasurer.
The above Board OF Directors shall hold
othce until the FIRST annual meeting on the
Second Tuesday OF January, 1919, or until
their successors are elected and qualified.
Eacn succeeding board shall continue TO hold
once tor one year or until their successors
are elected and qualified. The persons TO be
hereafter elected directors for subsequent
years shall select from their own number a
President, Vice President, Secretary Treas
urer. The Board of Directors may combine
any two OF the above officers III one and
thu same person.
On the Second Tuesday of January OF each
year, unless the same should fall on a LEGAL
holiday, then upon the next following lay
day, the stockholders shall elect a Board OF
Directors for the ensuing year The election
of Directors shall be by ballot and the per
sons receiving the majority of votes cast
shall be elected. For electing directors or
tor any other purpose each share OF stock
shall be entitled 70 vote. whether pres
ent or by proxy, but no fractional share OF
stock shall be entitled to vote. A majority
OF the Directors voting at any one time, in
person or by proxy, shall be required 20 pass
any resolutions adopt any bylaws. and
which. when 50 adopted, shall become valid.
corporate acts In case of vacancy on the
Board or among the officers for any cause,
the remaining members OF the Board shall
have the power TO fill the vacancies. The
said Board of Directors shall have the power
70 enact such bylaws, rules and regulations
as, III their opinion, may be necessary and
proper for the management, operation and
control OF the business Of said corporation.
Article NII.-Notice Of all meetings OF
stockholders held for the election OF Direc-
tors, or for any other purpose, shall be given
IN writing by the Secretary and may be
served personally or deposited in the mail
addressed fifteen N5) days before such meet
ing is held, and directed to each stakeholder
appear upon the books of the corporation,
unless said notice is waived in writing BY
all of the stockholders appearing upon the
books: At all meetings of stockholders a.
to elect and decide all questions voted upon,
except for the alteration, amendment or the
dissolution of the corporation.
Article VIII.-This act of Incorporation
corporation dissolved by a vote of three
fourths in amount of the capital stock rep
resented at a general meeting OF the stock |
holders, called for that purpose after notice |
as provided in Article VII of this charter;
and in Of dissolution of the corporation |
the stockholders at such meeting shall elect |
three 90 liquidating commissioners, who shall |
have entire charge OF such liquidation, with |
authority to sell and dispose of the assets
IF the corporation and TO fill vacancies &C. |
curing in their number.
Article IN.-No stakeholder shall ever be |
held liable or responsible for the contracts
,r faults OF the corporation, in any further
sum than the unpaid balance due the corpo-
-ation on the shares owned by him, nor shall
any mere informality in organization have
he effect of rendering this charter null, or
If exposing a stockholder to any liability
Devond the amount of his unpaid stock
Thus done and passed at my Office in the
City of New Orleans. on this day, month and
year herein first above written in the pres
,nce of May Lorio and Gertrude Cowan, COM
'etent witnesses who .hereunto sign their
names. together with said appearers and me,
Notary after reading of the whole.
(Signe6 T. B. Mobley, 735 Union ST.,
9 Ia shares. s5335.53 l-3; J. T. Clolinger,
Miss, 80 1-3, shares. s3333.33 1-3.
2. R. Braud, Nicholson, Miss, 80 l-3 shares,
S3333.33 1-3.
Witnesses: May Lorio. Gertrude Cowan
HENRY G: BLOCH, Notary Public.
I. the undersigned Recorder of Mortgages.
N and for the Parish of Orleans. State of
do hereby certify that the act of |
Incorporation of the Aobley-Clolinger Lum-
Der Co, Inc. was this day recorded in my
,fice in Book 1919. Folio =.
New Orleans. Louisiana. January q. 1918. /
Signed EMILE J. LEONARD, by. Recorder
A True Copy.
HENRY G. BLOCH, Notary Public /
Ian 81 Feb Il 81 % Mch