The Donaldsonville chief. [volume] (Donaldsonville, La.) 1871-current, 1918-02-09

ny proxy. and the majority of the votes cast
shall elect. The board of directors shall
maze tie power to fill all vacancies which
may occur or in any manner arise or Ia
created on the board even though no quorum
remain at the time such vacancies are to he
Tiled Failure to elect directors on the day
above specified shall not dissolve the cor
poration, but the directors then in Office shall
remain IN office until their successors are
elected and qualify. Thes8oard shall elect
from their number president vice presi-
cent ana a secretary !; provided, that the hoard.
may dispense with any of said Offices and
OF may combine any of them, and or may
elect such ether officers twho need NOT ba
"a rs OF the board or stockholdersl as
CARRYING on Of the companyss business. and
they shall fix the salaries Of all officers.
agents and employees. AT any meeting OF
tho board of directors any director absent
from the meeting may be represented BY any
other director, who may cast the vote Of
the absent director according to the written
instructions. either generaf'or special. Of said
absent director. The board of directors
shall have authority to make and establish,
as well as alter and amend, all bylaws,
rules and regulations necessary and proper
Tor the support and management Of the
business and Affairs of the corporation and
not inconsistent with this charter; and they
shall have power to authorize the borrowing
OF money and the issuance of notes and the
execution of mortgages and pledges, and gem
orally to do all things necessary or con-
venient for the proper carrying on of the
business of the corporation.
Until the general meeting of Stockholders
for election of directors to be held on the
second Monday of February, 1919. or until
their duly qualified successors are elected
and installed. the board Of directors shall be
composed of: Ferdinand B. Lemann, post
office address. Donaldsonvile, La: Monte M.
Lemann, postoffice address. 1104 Hibernia
Building, New Orleans. La; Arthur A.
Lemann, postoffice address, Donaldsonyille
La; Lazard Kahn. postoffice address. Hamii
ton, Ohio; and Robert Fl. Polack. postoffice
address, $40 Union Street. New Orleans, La.
OF these Ferdinand 3. Lenlann shall be
president. Lazard Kahn vice president, and
Monte M. Lemann secretary.
ARTICLE VI
This act of incorporation may be changed,
modified or amended, or the corporation dis
solved, by q vote of two-thirds of the en-
tire capital stock present or represented at
a general meeting of the stockholders con-
yened for such purpose, after previous notice
shall have been given In the manner above
required to be given of the annual meeting
of the corporation
ARTICLE VII.
II this &Srporation shall be dissolved.
aeither by limitation or from any other cause.
Its affairs shall be liquidated by three COM
misEionefs to be appointed at the meeting Of
stockholders convened for The purpose of
liquidation, and to be elected by the vote of
all the stockholders voting upon a parity.
Said liauidators shall remain in office until
the affairs of the corporation shall have been
fully settled and liauidated. and they shall
have full power and authority to transfer
and give title to all the property and assets
OF the corporation and to distribute the pro-
ceeds. In case of death. disability or res
ignation OF one or more liauidators, the va
cancy shall be filed by the survivor or sur
vivors.
ARTICLE VIII.
No stakeholder shall ever be held liable or
responsible for the contracts or faults of
said corporation in any further sum than the
unpaid balance due on the shares of stock
owned by him. nor shall any mere informally
in organization have the effect Of rendering
this charter null or of exposing any stock
holder to any liability beyond the amount
due on his stock.
In order that this charter may serve rs
the original subscription list, the subscribers
hereto have indicated opposite their respect
i've signatures the number of shares of stock
subscribed for by Zach of them
There is annexed hereto. to be read in
connection herewith an accurate, detailed
and itemized description, giving amount. p
cation, extent. character and state of m
Drovement, together with statement Of
values as appraised by the directors, of cer-
tain property to be conveyed to the corpora
tlon in satisfaction of certain subscriptions
to its capital stock.
Thus done and pa fed at my office at
Donaldsonville, Louisiana, on the day, month
and year herein first above written in the
presence Of j. z. Blum and Myer Lemann,
competent witnesses, who have hereunto sub
scribcd their names together with me, notary,
and the said appearers, after due reading of
the whole.
(Original signed.D
tNANES OF SUBSCRIBERS OMITTED. #
Witnesses: ~
j.. e. BLUM e
MYER LEMANN.
L.s3 WALTER LEMANN.
Notary Public.
,etste Of Louisiana, Parish OF Ascension
do hereby certify the above and foregoing
to be duly recorded in Book of Charters No.
/, folio ----.
! faith whereof. witness my hand and
seal OF Office at Donaldsenvlle La, this 3lst
day OF January, 1918.
tSignedl j. s. BARMAN.
tL.S.) Clerk and Recorder #
certify the above and foregoing to be E
a true and correct copy of the original on /
file in my office. names of subscribers being
omitted. J. s.. BARMAN,