The herald., 1918-09-19
CHARTERS

thus elected shall continue in office for one
year, or until their successors shall have
been duly elected and qualified. No failure
10 elect shall be regarded as a forfeiture ot
this charter. Any vacancy occurring on
Sdid board. shall be illod 10y the remaining
directors for the u1eNprcd term; the said
board shall likewise elect the additional
members IN case they should determine tD
increase the number Of said Board Said
board of directors shall at its first meeting
after ITS election. nominate ont Of It's uam
Der, President; Nice-Prcsideut, Secretary.
Treasurer. Said Board shall have the right
% sever or to consolidate any % said Of
fees into one, as also the right 90 appoint
and dismiss such clerks, managers. and 1ta,r
may justify or the business Of the corpora
tlou may require. The tenure Of office ~ an
The employees OF the corporation shall be
during the pleasure OF the Board OF DlrCr.
tors Any Of the directors shall have the
night 10 appoint by written instrument, an.
other director or Stockholder 90 act rs his
proxy and in his stead at any and an meet.
incs Of the Board Of Directors.
ARTICLE Vino stockholders shall ever
be held liable or responsible for the con
nor shall any mere Iut1rmalIty in IT'S orga-
nlzauon have the effect Of rendering this
charter null. or Of exposing st1ckholder
20 any liability beyond the uup3id balance
due on the shares owned by him
ARTICLE NII.-This act OF Incorporation
may be changed modified altered, or this
corporation may be dissolved. with the as
sent Of the stockholders owning two-ihirds
eral meeting convened for that purpose. and
| after at least ten days written notice OF
| this meeting has been given through mail
addressed TO each shareholder At his las.
| known place of residence. In case of dis
| solution by the expiration Of this charter or
| otherwise, the stockholders shall elect three
| llqulda'prs from among their number, 70 d.
| quld1te and settle the business and affair,
/
! ability OF any one OF said commissioners oI
! liquidat5rs, the survivors or the remaining
! Iquldators, shall appoint a successor Oh
| him The said lquidators shall have full
| leC' outstanding debts. sell and convey prop.
erty, pay its debts, and divide the remain
| ing money and property among the stock
| holders. They shall also have power To meet
| ana act under the bylaws Of the corporation
| and under regulations to be made BY a ma,
| jority Of said lquidatoTs; to fix the price
| and prescribe the terms and sale Of said
| property, and the manner in which the sale
| shall be made, and take notes and bonds Sc
| cured by mortgage or otherwise, for part OF
| the purchase price for all or any part OF
| sad property, provided. however that the
| rights herein conferred upon the Euuida.
! tors may be modified, changed or denied. by
| a majority Of the shares OF the capital stock
/ Of the corporation. The said liquidators shall
| have authority to sue for and recover the
| debts and property in the name Of the cor.
1
| and they shall be liable in solido to any
| creditor or stakeholder for the monies and
| property of the corporation, which shall come
| to their hands or possession as liquidators
and for the proper application and dsiri-
| button thereof
ARTICLE VIII.-Philip Foto whose post
| office address is 2qS3 Grand Route St John
| New Orleans, La, has subscribed 10 fifty
| shares; Morris Baer. whose post office ad
dress is POI 6. Gayoso St, New Orleans Ia
| has subscribed to fifty shares, and Frank s
Einstein, whose post office address is POI
). Gayoso Street, has subscribed to one hun
bred shares
Until the election to be held on the twelfth
day Of August 1919, the following shall con
! Stitue the first Board Of Directors viz
Philip Foto, Morris Baer and Frank S Elm
stein, with the said Philip Foto as President
the said Morris Baer Vice President, Sec
rotary Treasurer and the said Frank s. Elm
| stein as Director
Thus done and passed in my office, on thu
day. month and year. first above written
| in the presence of Joseph L. Weiss and Per
cival H. Stern. competent witnesses. VIII
have signed with the appearers and me. th
notary, after reading the whole.
Witnesses; p. II. Stern, J. L. Weiss.
Original Signed
Morris Baer, so shares. Frank s. Einstein
100 shares; Phil Foto. 50 shares.
FELIX J. DREYEoUS,
for The Parish of Orleans, do hereby certif
that the above and foregoing act Of Incor
poration of the Napoleon Realty & Amuse
ment Co. Inc, was this day duly recorde
in my office, in Book l212. Folio 344.
New Orleans Angus; 18th. 1918
(: (SignedD EMILE ]. LEONARD. d. X.
A true copy from the original act
FELIX J. DREYEOUS:
Aug 1920; Sept. s-i2-l9