The herald., 1918-04-18
CHARTERS.

the domicile of the corporation, but the
President may call special meetings OF
the Board of Directors at such times as
he may deem advisable and he shall be
required to call such special meeting
at the request of a member of the
Board of Directors. Three days writ
ten notice of such special meetings
shall be given to the directors, unless
waiver of such notice is signed by the
directors. Any vacancy occurring in
the Board of Directors either from
death, resignation or inability to serve,
shall be filled by the remaining Board
of Directors at its next regular meet
ing after such vacancy shall have Oc-
Cured. The first Board of Directors of
this corporation shall be required to
draft suitable bylaws for the govern
ment of this corporation, which may be
altered, amended or changed as the eN-
lSencieS OF the case may require.
ARTICLE VII.
The stock of this corporation may be
transferred, provided such transfer
shall be recorded on the books of this
corporation before il shall be required
to recognize the transfer OF the new
holder of said stock. The total amount
of the subscribed stock, as herein set
forth. is the sum of twenty-seven thou
sand (S27,OOO.OO) dollars, or two hum
dred and seventy (21O) shares, which
are hereby authorized to be issued fully
paid for and worcestershire. for cash.
In the event that any stakeholder de-
sires to sell his stock, or any part
thereof, he shall first offer same to the
remaining stockholders, in proportion
to their respective holdings, at its book
value. This offer is to be made to ap-
pear by letter addressed to each stock
holder at his last known address, Civ
ing thirty days option. At the eXpira-
ton OF which time the said stakeholder
desiring to dispose of his stock, shall
be at liberty TO sell at whatever price
and to whom he shall please.
ARTICLE VIII.
This charter may be modified or all
a 80
creased or decreased, or the CORPORA
ton may be dissolved with the assent
Of two-thirds of the capital stock pres
ent or represented at anv meeting OF
the stockholders held for that purpose,
after prior notice in writing to each
Stockholder. or mailed to him at his
last known postoffice address, all In
accordance with the terms of Act 267
of 1914.
ARTICLE IN.
At the expiration of this charter or
the earlier dissolution OF this corpora
ton for any cause, it's affairs shall be
liquidated by one or more Iiquidators
to be elected by the stockholders, all of
whom shall hold stock in this corpora
ton, and said liquidatOrs are hereby
vested with full power and authority
TO liquidate the affairs of said corpora
ton, with full power to act under the
terms of Section 80 of Act 267 OF 1914
ARTICLE Y
The appearers hereby declare that
they have subscribed to the following
number of shares of the capital stock
of this corporation, tO-wit:
Ephriam Rosenberg, 1927 St. Charles
Avenue, New Orleans, La, one hundred
and twenty-five G25) shares.
+. Seton Schneidau, 1884 Robert
street, New Orleans. La, one hundred
and twenty-five G25) shares.
Benedict Il. Hans, 1918 St Charles
Avenue, New Orleans, La. twenty 600
shares.
All Of which shall he paid in cash.
n nd -.r.-
in this City of New Orleans. La. on
the day, month and year hereinabove
nrSt written, in the presence of Messrs
Francis +. Burns and w. L. Conerv,
competent witnesses. who hereunto
sign their names, together with the
said appearers and me, Notary, and the
said appearers have also set opposite
their names the number of shares sub
scribed by them, all after due reading
of the whole.
EPHRIAM ROSENBERG, 125 Shares.
u. SEXTON SCHNEIDAJ-, 125 Shares
Il. Il. HANS, 20 Shares.
Witnesses:
FRANCIS T. BURNS.
W. p. CONERY.
|. the undersigned, Recorder of Mort
State of Louisiana. do hereby certify
that the above and foregoing Act of
Incorporation, of the Liberty Manufac-
turing Company, was this day duly re-
corded in my office, in Book 1919.
New Orleans. March 25. 1918.
4 true copy.
JNO. r. UPTON. Notary Public.
Mch2S Apr 4-lllS-25 Maya