The herald., 1918-02-07
CHARTERS.

by Board of Directors composed of five (5).
stockholders. each Of whom shall own, in
his own right, during his term OF office.
at least full-paid and unpledged share
Of the capital stock, which shall be shown
by his written declaration. Three 90 direc-
tors shall constitute a quorum Tor the trans
action OF business. Said Board Of Directors
shall be elected annually the second
Monday IN January, beginning with the year
1919. They, together with the officers elected
by them, shall continue in office for one
year, or until their successors shall have
been elected and indicted into office.
The election OF directors shall be held in
the ONCE OF the corporation, under the SUI
pervISiOn OF two Commi SIOners appointed by
the Board Of Directors. Fifteen days pre-
vlOuS notice OF such election shall be given
letter deposited in the post Office properly
addressed - each stakeholder, as prescribed
by law. All elections shall be by ballot.
A majority OF the votes cast shall elect and
represented by the holder in person or by
written proxy. Any vacancy occurring in
SAID board from any cause shall be filled
for the unexpired term by the remaining
directors. The Board OF Directors shall at
their hrst meeting each year, elect from
their number a president a first vice-presi-
dent, second vice.president, a treasurer,
and secretary, or the same person may be
elected both secretary and treasurer, or vice
president and secretary or treasurer.
Article 6.-Thc first board of directors shall
consist of Ihos. J. Kelly, 400 Tchoupitoulas
ST.. New Orleans. Louisiana. Geo e. Rel
leher 2l22 tambroune ST., New Orleans.
louisiana. Geo. +. Ross, 400 TchoupitOuas
st, New Orleans, Louisiana. Edward Brou.
ana. Z. ID. Segrave, 400 Tchoupitouas ST..
New Orleans, Louisiana, with the said
lhos: j. Nelly, as president, Geo. c. kelleher
as first vice-president and treasurer, Geo.
F. Ross, second vice-president and Edward
Brou as secretary, and these directors and
officers shall serve until the second Monday
IN January. 1919, until their successors
are elected and indicted into office, pro-
vlded the secretary shall hold his Office
during the pleasure of the Board of Directors
Article This charter may be modified.
changed, altered or amended, the capital
stock thereof decreased or increased or this
corporation may be dissolved with the as
sent OF two thirds of all its stock. after
prior notice in writing TO each stakeholder,
Or mailed TO him at his last known post
office address in manner and form as pre-
Scrbed by law.
Article Sat the expiration of this char.
ter, or earlier dissolution of this corporation,
for any cause, its affairs shall be liqudated
by one or more commissioners, to be elected
by the stockholders, all of whom shall hold
stock IN said company and said commits
sioners are hereby vested with full power
and autharity to liquidate the affairs of said
company, with full power to act under the
terms of Section thirty of Act 267 of 1914.
Article 9;-The appearers hereby declare
that they have subscribed to the following
this corporation, to-wit:
Thos. ]. Kelly, 400 Tchoupitoulas St, New
Orleans. Louisiana, Seven hundred and
bronze St, New Orleans, louisiana, Five
shares. Geo. F. Ross, 400 Tchoupitoulas St,
New Orleans. Louisiana, Five shares. Ed
ward Brou. 400 Tchouptoulas St, New Or
leans. Louisiana, Five shares. f. d. Segrave,
400 Tehouptoulas St, New Orleans, Louisi-
ana, Five shares.
The said subscription of Thos. ]. Kelly of
seven hundred and thirty 900 shares first
hereinabove set forth shall be fully paid
for and settled by the transfer by him to
this corporation of the certain wholesale
provisions and dairy products business at
200 Tchouptoulas St, in the City of New
Orleans, heretofore conducted by Kelly &
Zoeller. consisting of goods, merchandise.
hxtures, horses, and wagons and their equip
ment, open accounts, good will and other
property; an accurate, detailed and itemized
statement and description of said property
being annexed hereto, TO be read in con.
nection herewith, and the said property
having been duly. appraised by the Board
OF Directors, Of this corporation, at the val
uation set forth in said annexed memoran-
dun marked Exhibit "A"
Thus done and passed. in my Office in the
City OF New Orleans, on the day, month and
year hrst above written, in the presence of
St. Clair Adams and Arthur Ryan, compe-
tent witnesses, who have signed these pres
ents, together with the said appearers and
me. notary, after due reading of the whole.
Orlginal signed: mos. J. Kelly, Seven
Hundred and Thirty Shares. G. C. Kelleher,
Five Shares, Geo F. Ross. Five Shares, Ed
ward Brou, Five Shares, E. d. Segrave, Five
Shares.
Witnesses: St. Clair Adams, Arthur RYAN.
FRANCIS P. BURNS, Notary Public
I, the undersigned Recorder of Mortgages.
in and for the Parish of Orleans, State of
louisiana, do hereby certify that the above
and foregoing Act of Incorporation of Thos.
J. Kelly and Company, incorporated, was
this day duly recorded in my Office in
New Orleans. La, January Is. 1918
tSigne0 EMILE J. LEONARD, by. r.
FRANCIS P. BURNS. Notary Public.
Jan 81 Feb IA 81 % Mch