The herald., 1918-06-06

entire capital stock, at a general meeting
of the stockholders convened for such pur-
pose, after notice shall have been given
as provided in Article VI of this charter /;
provided that any change proposed or
| made in reference to the capital STOCK
shall be made in accordance with the laws
I of the State of Louisiana regulating or
providing for such change.
Article IX.-Whenever said corporation
may be dissolved, whether by limitation
or otherwise, its business and affairs shall
chosen by the stockholders at a general
meeting convened for such purpose, at
which meeting each stakeholder shall be
entitled to vote according to his holdings,
and of which meeting notice shall be given
to the stockholders as provided in Article
vi of this charter; and the votes of the
| owners of majority in amount or the
capital stock of said corporation repre-
| scented at such meeting shall be requisite
to elect.
Said liquidators shall act as receivers
and remain in office until the affairs of
said corporation shall have been fully Ii
quidated; and, in case of death or disabll-
| ity or any one of said liquidators, the re-
naming liquidators shall appoint sue
cessOr to such liquidator.
Said liQuidators shall act either with or
without court proceedings, as they may
see fit and are hereby given full power to
collect all amounts due the corporation,
| sell or otherwise dispose of its assets, pay
| its debts and liabilities, and compromise
and settle all disputed questions and mat
tiers; and they shall act as receivers. and
| shall have. exercise and enjoy all the
rights, powers, privileges and cOmpensa-
ton conferred by law upon receivers, and
especially those conferred by Act 267 of
1914 of the General Assembly of Louisi-
ana and are also given all other powers
| necessary and usual to fully and finally
settle, wind up and hquidate all the bust
ness and affairs of the corporation, and
| distribute its net assets or funds among
its stockholders; provided, however, that
| the rights herein conferred upon the Ii
quidating commissioners may be modified
| changed or denied by the owners of a ma
| jority of the shares Of the capital stock
| of the corporation If such change is made
prior to the actual appointment of liquid
| ating commissioners. The said liquidat-
in solido, to any creditor or stakeholder
| for the moneys and property of the cor
poration which shall come to their hands
or possession as liquidatOrs, and for the
proper application and distribution there
of.
| Article X.-The undersigned, whose re
spective post office addresses are given be
low, have respectively subscribed for the
number of shares of stock set opposite
their names, as follows:
149S shares; A. w. Fisher, Jr., Memphis
Tennessee, / share; X. ii. Burchell, New
Orleans, Louisiana, 1 share.
The following named stockholders shall
constitute the Board until the first cleo
ton and shall also be three members o.
said Board when election is made and
shall hold Office until the third Tuesday
in May, 1919, and until their successors
are elected and qualified, viz:
r. II. McWilliams, Memphis, Tennessee
A. w. Fisher, Jr., Memphis, Tennessee
and r. Ii. Burchell, New Orleans, Louis
lana.
The officers shall be elected at the first
meeting of the Board after election of tn,
latter and shall hold office until the third
Tuesday in May, 1919, and until their sue
,cessors have been elected and qualified.
Thus done and passed, in my Office, a
New Orleans, Louisiana, on the day, month
and year herein first above written, In th'
presence of Messrs. Charles Carroll anC
Azzo ]. Plough, competent witnesses, wht
have signed their names with the sale
parties and me, Notary, after due reading
of the whole.
| Original signed).
Il. II. Mcwilliams, A. W. Fisher, Jr.; r
witnesses: Charles Carroll, Azzo
tsigned) HENRY G. MCCALL, Not. Pub
l. the undersigned, Recorder of Mort
cages, in and for the Parish of Orleans
State of Louisiana, do hereby certify tina
ton of the McWilliams Southern Dredg
ing Company, Inc was this day duly re
corded in my office in Book 1222, Foil
AZ.
New Orleans, May 18th, 1918.
(signed) EMILE J. LEONARD, by. Il
1 hereby certify the above and forego
ing to be a true and correct copy OF Tn
original act of record and on file in m
Office.
isiSned) HENRY G. MCCALL, Not Put
J May $3.50 Jun 6-13-20-H =