The herald., 1918-03-28
CHARTER

management of the business and affairs of
said corporation. and not inconsistent with
its charter. Said board shall also have full
power and authority to borrow money
through the President or some other duly
authorized agent or agents, to execute notes
or other obligations in such amount and on
such terms as in their judgment may be ad-
vantageous, and generally TO do all things
reasonably necessary for the proper carry
ing on of the business of the corporation
also to issue and deliver full paid shares of
stock or obligations of said corporation in
payment of money borrowed, labor or serv-
ices, or property, or rights actually re
ceiyed BY said corporation as heretofore set
forth; and shall have power TO do all such
acts and things as may be necessary 20
carry out the objects ana purposes for which
this corporation is organized. The major
ity OF the existing board shall constitute a
quorum for the transaction OF any business
at any meeting OF the board of directors.
Any director absent from the meeting may be
represented by any other director. who may
cast the vote OF the said absent director,
according TO the written instructions Of said
absent director for that meeting.
Until the next general meeting to be held
under this charter on the first Monday OF
April, 1919, or until their duly qualified
successors are elected and installed, the
Board OF Directors shall be composed OF Hun
Orleans. La, Ivy G. Kittredge, Hibernia
Bank Bldg, New Orleans. La; Abraham
Goldberg. Hibernia Bank Bldg. New Orleans
La. MN. Pfaff, 724 Perdido St, New Or
leans, La; Laufen J. Bradley, corner Camp
Joseph l. Onorato $50 Common St, New Or.
leans, La; Frank L. Levy, Hiberna Bank
Bldg, New Orleans. La; Gustave De b.
Baldwin. corner Camp and Common SITS,
New Orleans. La; and James J. Manson,
ll5 Tchoupit0ulas ST., New Orleans. La,
with Hunter {. Lcake. as President; Ivy
G. Kittredge. Nice-Presdent, and Lau-
rem ]. Bradley, as Secretary and Treasurer.
Article NI.-Whenever this corporation
shall be dissolved from any cause, its at
fairs shall be hquidated by three stock
holders to be appointed at a general meet
ing OF stockholders convened for the pur-
pose Of liquidation, a. hereeinaftcr pro
vded, each share of stock being entitled to
one vote 20 be cast by the holder, either in
person or by proxy. Said commissioners
shall remain in office until the affairs OF said
corporation shall be fully settled and lqui-
dated 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 proceeds. In case of
death, disability, or resignation of one or
more commissioner or comm ssioners, the
vacancy shall b. filled by the surviving com
missioner or commissioners.
Article NII-This act of Incorporation
may be modified, changed or altered, or this
corporation may be dissolved with the con
sent OF - Of all OF its stock, represented al
vened Tor such purposes, after previous
notice shall have been given in one or more
daily newspapers published in the Parish OF
| Orleans, State OF louisiana once a week
during thirty days preceding such meeting
and upon the date OF such meeting and nv
notice mailed at least fifteen days prior tc
| such meeting to each stakeholder who an
| pears as such on the books of the COMPANY
| to the poSt-ofhce address designated BY him.
| and in case OF failure 10 designate an adj
dress Ilals Z
| Orleans. Any change which may be pro
| posed or made in reference to the CAPITA
| stock OF said corporation shall be made ir
accordance with the laws of the State OF
LOUISIANA, on the subJect-matter of alterins
| the amount OF stock OF said corporation. II
| may be increased diminished upon com
| plance Herewith.
The said stock may be increased TO ;
maximum OF hve thousand 5000 shares o.
freferred Stock of a par value of ten dol
| lars $1,000 per share snu a maximum n
| two thousand (4oO shares of Common Stool
OF par value OF ten dollars $1,000 pei
No stakeholder shall ever be held liabI,
or responsible for the contracts or faults o.
said corporation in any further sum thar
| the unpaid balance due on shares of stool
owned by him, nor shall any mere infor
| mallty IN organization have the effect Of
rendering this charter null. or of exnosins
any stakeholder to any liability beyond the
| amount due on his stock.
Article lll1.-There is annexed hereto ar
accurate, detailed and itemized description
| OF certain property, being a certain priv
| lege, permit or franchise to operate a GENE
| tery IN the City of New Orleans, and GER
tam real estate, which is TO be convened Z,
rms corporation for twenty thousand dol
Lsd SSSO'ooOOo) cash, eight thousand dollar:
| tSS,UUOO) >par value of Common Stock ~
this corporation, and the assumption of !
| note for thirty thousand dollars (SNOOO OO
secured by special mortgage and vendor.
lien on the property fully described in IN,
| ordinance granting said cemetery permit a
| which price the stockholders hereby an
| praise said real estate and franchise sal,
description showing the amount. location
| extent character, state of improvement O
| said land, together with a statement Of ~,
value of said land and permit or fr.ncb;s,
as appraised by the stockholders of this cor
| poration; and in order that this charter ma,
serve as the original subscription list. sub
serlDeis hereto have indicated opposite thei
| respective signatures the number of share
| OF stock subscribed for by each of them
| nus done and passed in my Office at III,
| City OF New Orleans, Louisiana. on The d.v
month and year first above written. in m
gesenTe OF Anna Naumann and Oscar Schnei
| aau' Jr, competent witnesses who hav,
| nereunto subscribed their names, togetbe
win me, notary, and said appearers, afte
due reading of the Whole.
cOrignal signed.
| nv. Hunter c. Leake and others.
dau. Jr. A' 'ennei
&c. CHARLES SCHNEIDAU.
| a. Notary Public
| IN and for the Parish of Orleans STATE =
LOUISIANA, do hereby certify that the aboy
ana foregoing Act of Incorporation of th
MT olivet Incorporated" was this da,
guy recorded IN my Office, in Book I2ls
| Folio AS. New Orleans. March 9TH Io,s i-i'
tSlgned EMILE ,. LEONARD.
| ,0edD Deputy Recorder.
CHARLES SCHNEIDAU,
Mch 2l-2S Apr 4-l1-ls-25 Notary Pub,;.
| CHARTER OF