The herald. [volume] (New Orleans, La.) 1905-1953, 1918-04-04
CHARTER.

! SlhtSt tdTSt wagons ana property OF eE-
! cry class and description convenient or
! necessary thereto.
Section '. To carry on any other bust
/ ness which under the law it NAV be en-
! tilIen 10 carry on which may seem to the
/ corporation To be calculated, directly or
indirectly, TO efcCtuate the aforesaid OBJ
! yettN OF either of them, or to facilitate il
/ IN IN" transaction Of its aforesaid bust
/ hess or businesses. or any part thereof
or IN the transaction Of any other lawful
business that may be calculated. directly
+ or indirectly to enhaHc" the value of or TO
RENTER prOhtable any of the COmpany'S
properties and rights: and generally to
mold and exercise all such incidental now
cr> aud privileges as relate to the objects
ana purposes herein before set forth as
may hr necessary. useful or convenient
i"I 'HecluaiinS said objects and purposes.
AriicI" IY.-The authorized CAPITAL
s,"JA OF thi~ corporation is hereby nxed
"t hIJ""u thousand tSlIOuOl dollars di-
Nid"d into one hundred aud ufty C5Ol
SHARES OF the par value of one hundred
/ NI"ol dollars each al Of which shall be
common stock, ana the same may be is
sued for cash money or in payment OF
property or services actually received by
or rendered TO said corporation
IhiS corporation shall commence busi-
I as hiteen thousand dollars OF its capital
stock shall have been subscribed and paid
Tor, said stock shall Dee fully paid at the
time of its issuance and thereafter nom
dSSrs>able.
The parties hereto declare that each
I 'N''NAl l'''A lot the hummer Of shares of
said capital stock set opposite their re-
Spccttve signatures hereto, aggrrgating
Fifteen thousand (Sl5OOOI dollars. the
same 10 b" paid for in cash or in prop-
| rrlI or other chooses in action or notes
/ ol the value satisfactory to the holders
/ he Board of Directors hereinafter ere
attd Is specially authorized to dispose of
lHe STOCK tor any and all Of the purposes
above stated, as in its Judgment may
SEEM fair and proper.
me capital stock of this corporation
7 ed a al. -..I
/ 70 time. To any amount not exceeding One
hundred Thousand Dollars. in accordance
with the provision of the law appertain-
Article V.-All the powers Of this cor
pOratiOn shall be vested ia and be ever
/ oiStd by board of directors composed
OF not less than three nor more than five
stockholders, rs the board of directors
may from time to time determine TO be
elected each year by the stockholders at
me annual meeting; each director shall
be bona ide stakeholder. and the first
Board of Directors who shall serve until
the election TO be held on the first Tues
day in February, 1919, and until their
successors are elected and qualified, with
their postoificc addresses. are as follows:
\. I. ngsenbury, New Orleans, La, AS
shares. +; g. Dusenbury, Miami Fla,
I share. Mollie Captain, New Orleans
La. l share; with said 4. Il. Dusenbury,
as President and Treasurer, T.. G. Dusen-
Ian. as Secretary.
ON the first Tuesday in February. 1919.
ana annually thereafter, except when such
day shall fall on legal holiday, then
upon the next following layday the stock
holders shall elect board of directors
Tor the ensuing year, the board already
Installed to continue to hold over until
their successors are elected and qualified
The Board of Directors so elected shall
select from their own number the officers
OF the corporation. who shall DE a Presi-
dent, Vice President, and shall also elect
Secretary and Treasurer, who may be
members member of the Board or not, as the Di-
rectOrS may see fit and both of said Of
noes may he held by one and the same
person rs Secretary Treasurer as may be
determined by the Board. or the Office OF
Treasurer may also be held by the Presi-
The election of directors shall be by
ballot, and the persons receiving the larg-
EST number of votes shall be declared
elected. For electing directors or for any
Other purposes, each share Of stock
whether present or by proxy, shall be en-
utIes 10 one vote. n majority of the
vote, east shall be required to pass any
resolution or decide any question sub
mittrd TO the stockholders, except for the
alteration or amendment of this charter
or the dissolution of the corporation as
hereinafter provided
The said Board of Directors shall have
power ana authority to make all neces-
sary rules and regulations for the man
agement, operation and control of the
business of the corporation, well as to
make all necessary rules and bylaws,
with power TO NIL any vacancy occurring
in their number or any vacancy occurring
among the officers of the corporation.
majority OF the directors voting at any
one time, in person or by proxy, shall be
required to pass any resolution or adopt
any bylaws and which, when adopted,
shall then be corporate acts.
Article Nl.-NOtice of all meetings of
stockholders for electing directors, or for
any other purpose, except as may be
hereinafter directed, shall be given in
writing by the Secretary, to be deposited
in the mails at least ten DAYS before such
meeting, directed to each stakeholder at
his last known address appearing upon
the books of the corporation unless said
notice is waived in writing by all the
books.
Article VII.-This act of incorporation
may be modified, added to, changed or
amended, or this corporation may be dis
solved by and the assent of the holders
of twO-thirds in amount of its then en-
tire outstanding stock, given at a general
meeting OF the stockholders to be con-
vened after ten days prior notice, to be
given In one Of the daily newspapers pub
lished in the City of New Orleans in ad-
ditional to the personal notice to each of
the stockholders, as provided in Article
vi Of its charter, and such changes as
may be made in reference to the increase
or decrease of the capital stock shall be
preceded by such notice, delays and for
malities as are by law required.
In the event of the dissolution of said
corporation, either by Limitation of it's
charter or otherwise, it's affairs shall be
1quidated by three commissioners, to be
anu tifNlcu ut a special meet
Ing called for that purpose, as above pro-
yided and he shall remain in Office until
the affairs of said corporation shall be
fully iquidated; and in case of the death
OF one or more of said liquidatOrs the
survivors or survivor shall continue to
act
Article VIII.-No stakeholder shall be
held liable responsible for the con-
tracts or faults of this corporation in
any further sum than the unpaid balance
due to the corporation on the shares
owned by him, nor shall any mere formal
ity in organization have the effect of
this charter null or of expos
ing stakeholder to liability beyond the
amount of his unpaid stock IL any.
Thus done and signed at my office, in
the city Of New Orleans, on the day
month and year first hereinbefOre written,
in the presence of s. X. Whitfield and L.
ii. Pfeiffer, competent witnesses who
hereunto sign their names together with
said appearers and me, Notary, after due
reading of the whole
Original signed).
a: Il. Dusenbury, 14S shares; =. G. Du-
senbury, per pro. A. Il. Dusenbury, /
share; MOlie Captain, / share.
fer.
(SeaD
ARTHUR Z. LEOPOLD, Not. Pub.
/. the undersigned Recorder of Mort
cages in and for the Parish Of Orleans,
State of Louisiana, hereby certify that
the above and foregoing act of incOrpora-
ton of ALLAN Land Company IncOrpOr-
ated," was this day duly recorded in nv
office in Book 1919, folio -