The herald. [volume] (New Orleans, La.) 1905-1953, 1918-09-05
CHARTERS.

then in Office shall hold until their sue
| cessors have been chosen and qualified.
! ARTICLE yIII-No stakeholder shall ever be
held liable or responsible for the contracts, iau.s
| or debts of this corporation, nor shall any mere
| iniormality in its organization have the eHttI
| Of rendering this charter null, or OF exposing
its shareholders to any liability beyond the uhpaid
| balance due on the stock owned by them
| ARTICLE IX-AH transfers of the capital
| stock of this corporation shall be made on the
boots Of this corporation, and no transfer shali
be in any manner binding on TINS cOrPoI dtT AZ =
| unless 80 entered. No sale OF stock oil thlS
| CORPORATION shall be valid, unless hrst ofered
for a period Of thirty days, 10 the stocAholders'
! through the Board of Directors at prlce not 10
| exceed its book value. Upon the failure OF the
| .tockhoI tcrS to avail themselves OF such pur-
chase during the said period Of thirty days,
| notation Of such fact shall be made by the sec
/ rotary upon such certificate or certificates nav
| ing been previously rendered IN accordance mere
with and thereafter said stock may be SOFA Wlth-
| out further restriction. Succeeding purchasers
thereof. shall, however, be required to oner
the same To the stockholders for term and at
a value hcrcnaboye designated before dlSposlhS
of same, and all stock acquired in this cor.
poration shall be subject to the provisions OF
this charter.
ARTICLE X.-This charter may be amended
altered or changed at q special meeting OF the
stockholders called for that purpose, after fifteen
DAYS notice by mail has been given TO the stock,
holders Of record, by vote Of two-thirds OF all
outstanding capital stock. -
l.
solved by a vote of twothirds of all outstanding
stock and upon complying with the requirements
of Section p Of Act 267 OF the LOUISIANA Legs
laturc for the year 1914 and in the event OF such
dissolution. Hquidators shall be named and APP
pointed with all the necessary powers and author
ity. as set forth in said Act 267 OF 1914
ARTICLE NII.-ln addition TO the powers
conferred on the Board OF Directors of this cor
poratiun the said Board is specially vested with
the power Of purchasing and acquiring such
business or businesses as in its Judgment may
rebound To the interest and welfare OF TINS cor,
poration, and in payment thereof, 10 issue capital
stock of this corporation to such an amount as
in their Judgment said business or businesses are
worth
ARTICLE XIII.-Whereas, the subscription Of
Joseph Ariatti to the capital stock of this cor
pOration consists in property to be transferred
TO this corporation, tOwlt: His general tile
business, and all its assets, open accounts and
good will, in accordance with the provisions OF
Section of Act 267 Of the Louisiana Legls-
lature of 1914. there is now annexed, to these
articles Of Incorporation, and to be read IN con,
nectiOn Herewith. an accurate, detailed and
itemized description of such property, together
with statement Of its value as appraised by
the directors of this corporation, the same as II
set forth in this charter.
ARTICLE NIY.-The names and post Office adj
dresses Of the subscribers to these articles Of in
corporation. and the number of shares OF stock
subscribed by each, are as follows:
(Names of subscribers, their addresses and
subscriptiOns).
Thus done and passed in my office, the
day and date first above written, in the presence
of Messrs Edgar NJ. Calm and Irwin Thomas.
both competent witnesses, domiciled in this city,
who signed these presents, together with the
parties and me, Notary, after due reading of
the whole the parties hereto atixng opposite
their respective their respective subscrip-
tions 10 the capital stock of this corporation,
which shall constitute the original subscription
list of all stock subscribed in this corporation.
Witnesses: Edgar VI. Calm, Irwin Thomas.
THEODORE A. SCHUBER,
Notary Public.
|, the undersigned, Recorder of Mortgages, in
and for the Parish of Orleans, State Of Louisiana,
do hereby certify that the Act of Incorporation Of
of the Jos Ariatti, Inc, this day duly
recorded in my office, in Book 1929, folio 27l.
New Orleans, July %, 1915.
(Signed) EMILE J. LEONARD, by. r.
true copy Of the original.
THEODORE A. SCHUYLER,
(Seal) Notary Public.
Aug l-s.l5-22 -29- Sept s.