The Donaldsonville chief., 1918-03-09
created on the board. even though no quo,
remain at the time such VACANCIES are to

above specified shall not dissolve the Corr
poration, but the directors then in effice shall
remain in office until their successors are
elected and qualify. The board shall elect
from their number a president, a vice presi.
dent and secretary provided, that the BOARD
may dispense with any of said offices and d
or may combine any of them. and or may
elect such other officers twho need not has8
mAmbers of the board or stockholders as#
they think proper or convenient for the
cKrying on of the company's business, and
they shall fix the salaries of all officers,
agents and employees. At any meeting OF
the. board of directors any director absent
from the meeting may be represented by any
other director, who may east the vote of
the absent director according to thes.tiritten
instructions, either general or special, of said
absent director. The board of directors
shall have authority to make and establish
as well as alter and amend, all bylaws
rules and regulations necessary and proper
for the support and management of the h
business and affairs of the corporation and 81
not inconsistent with this charter; and they
shall have power to authorize the borrowing
aHnoney and the issuance of notes and the
eution of mortgages and pledges. and gem
Sliy to do all things necessary or COM
yenient for the proper carrying on of the
business Of the corporation.
Until the general meeting of stockholders u
FOR election of directors to be held the
second Monday of February, 19l9.;or until
their duly qualified successors are elected
and installed. the board of directors shall be I
composed of Ferdinand b. Lemann. postsss
office address, Donaldsonvilie. La: Monte M
Len1ann, postofEice address, 1I04 HiherniRsS
Huildings New Orleans, La Arthur AZ
Lemann, postoffice address, Donald IdsonvilIe.s7
la. #Lazard Kahn, postoffice address, Hamil-s
ton, Chic; and Robert III. polack. postoffice
address. $40 Union Street, New Orleans. La.sl
z OF these. Ferdinand B. Lelnann shall be Y
president, Lazard Kahn vice president. and
Monte M. Lemann secretary.
ARTICLE VI.
HkThis act of Incorporation may be changed,
dified amended, or the corporation dis
Solved, by a vote of two-thrds of the en-S
tire capital stock present or represented at
a general meeting of the stockholders cone
vened for such purpose, after previous notice
shall have been given in the manner above
required to be given OF the annual meeting
of the corporation.
ARTICLE VII.
4 If this corporation shall be dissolved.
either by limitation or from any other cause,
its affairs shall be liquidated by three COM
missioners to be appointed at the meeting Of {
stockholders convened for the purpose OF /
liquidation, and to be elected by the vote OF 4
all the stockholders voting upon parity. 4
s&id liquidators shall remain in office until ]
the affairs of the corporation shall have been
felly settled and liquidated. and they shall
have full power and authority to transfer
and give title to all the property and assets
of the corporation and to distribute the pro-
ceeds. In case Of death. disability or res-
gnation of one more iauidators, the va
cancy shall be filled by the survivor SUR
vvors. 3tg
ARTICLE VIII
No stockholder shall ever be held liable Qrs
for the contracts or faults
said corporation in any further sum than Il
unpaid balance due on the shares of st&
owned by him. nor shall any mere inform
in organization have the effect of rendd
this charter null or Of exposing any std
holder to any liability beyond the amoN
due on his stock,
In order that this charter may servey
the original subscription list the subserib& &f
hereto have indicated opposite their respe4
i've signatures the number of shares OF std
subscribed for by each of them. 8S
There is annexed hereto, to be read
connection herewith, an accurate, detail
and itemized description, giving amount
cation, extent. character and state ~
together wit esna
values as appraised by f{go - K
tain property to be conys me co B
tion in satisfaction Of esl ssubscriit
to its capital stock.
Thus done and passed at my Off "A 4
Louisiana, on the day, ~ 4
and year herein first above written. n
presence of J. e. Blum and Myer FL
witnesses. who have hereui RI
scribed their names together with me- ~
and the said appearers. after due resl
tOriginal signed.3 ~ 4
tNAMEs OF SUBSCRIBERS OMITis -
Witnesses:
j. e. BLUM.
MYER LEMANN.
tL.s.) WALTER LEMANN.
Notary Publa H..
State of Louisiana. Parish of Ascensidt q
i do hereby certify the above and foregd ~ ~
to be duly recorded in Book OF Charters N
In faith whereof. witness my hand AVE-
seal of offlce at Donaldsonvilie, La, this 81 lst
day of January, 1918.
tSigned) j. 8. BARMAN,
(L.S.) Clerk and Recorder.
certify the above and foregoing to be
a true and correct copy of the original ons
file in my office. names of subscribers being
omitted. J. S. BARMAN.
Clerk of Court.