The herald. [volume] (New Orleans, La.) 1905-1953, 1918-02-14

meetings each share of stock outstanding |
shall be entitled to one vote, and majority
of such votes cast shall elect; and which
vote must be cast either in person or by
ring in the Board of Directors may be hiled
by the remaining directors for the unexpired
term. At the first meeting OF the Board OF
Directors, after their election, they snail
elect from among their number a President
a Vice-President and cretary-Ireasurer
Article VI-This act Of incorporation may
be amended, changed, or altered, or this cor
poration may be dissolved with the essen.
three-fourths of the capital stock thereof,
who may be present or represented at
general meeting of the stockholders convened
| for that purpose, and of which due notice has
| been given.
Whenever this corporation shall be dis
solved, either by limitation or from any other
cause, its affairs shall be liquidated by three
| Commissioners, to be appointed for that pur-
pose, from among the stockholders, at meet
| ing of the stockholders convened for that
purpose; said Commissioners shall remain in
| Office until the affairs of said corporation
shall be fully and finally liqudated. Any
vacancy occurring among the liquidators
| from any cause whatsoever, shall be filled
by the remaining Commissioners.
Article VII-No stakeholder shall ever be
liable or responsible for the contracts or
faults of this corporation in any further
sum than the unpaid balance due by him
owned by him; nor shall any mere infor-
mality in the organization of this corpora
ton have the effect of rendering this char
ter null. or of exposing the stockholders to
any further liability than the unpaid amount
which may be due on his stock subscription.
The list of subscribers hereto shall serve
as the original subscription list of this cor
poration.
Article Willard whereas it appears that
w. s. Bender has subscribed for 80 shares
Of the capital stock of this corporation, now,
the consideration for the issuance of rs
shares of said stock, to the said Bender,
is the transfer, sale and exchange by the
said Bender to this corporation, of a certain
option held by him for the purchase of Ger.
tain real estate situated. being and lying
in the Parishes of Orleans and Jefferson, this
State, and which option has been appraised
by the Board Of Directors of this corporation
at the sum fs37so.OO, all as will more fully
said act of sale, from the said Bender to
r Michel, NotaTy Public, on this date. tenn an
nexed hereto and made part hereof
Article IX-The names and addresses Oh
. the first Board of Directors and the sub
scribers to the stock Of this corporation, ar,
E as follows: George G. Earl, 1919 Henry Clay
/; avenue, w. S; Bender. $50 S. Ffanklif
$ l. NJ. Dalgarn, 3Os Baronne treet, c, F
GeI6eke, Gretna, Jefferson Parish, La.
: Thus done and passed in my notarial of
HCe' dt the Ilty OF New Orleans, La, in tn
;, presence Of Messrs. John L. Corcoran an,
y George w. Simons, competent witnesses VIII
have hereunto signed their names with sal
e appe$rers and me, Notary, after due readin
}. of the whole.
d Original Signed Geo. C. Earl d4lo Henri
Clay Avenue, 5 shares; w, S. Bender So
y 5. franklin Street, 80 shares; Meyer Els,
,f man, 70 Common Street, shares; I.
lie Dalgarn, D5 Baronne Street, S shares; Cha,
lie F. Gelbke. Gretna, La, S shares,
N Geo. w. Simons, Jno, i, Corcoran
n H. MICHEL, Not. Pub.
/, the undersigned Recorder of Mortgsxei
Of in and for the Parish of Orleans, State {
K Louisiana, do hereby certify that the aboy
Of and foregoing Act of Incorporation of Il
o. Fort Leon Land & Timber Co., Inc, wa
this this day duly recorded in my Office in Boo
ii New Orleans, La, December 10Th, 1917.
C (SignedD EMILE ]. LEONARD, d, r,
1g State of Louisiana, Parish of Orleans.
of i, Herman Michel, a Notary Public. dul
of commissioned and qualified in and for Il
be Parish of Orleans, State of Louisiana,
II, hereby certify that the above and foregoir
z IS true. and correct copy of the Act
+: Incorporation of the Fort Leon Land 4 Til
nd Der Co., Inc. together with the certihca
I'd of the Recorder of Mortgages thereon, q
.ir original of which is on file in my Office.
nd In faith whereof, have hereunto set d
of hand and affixed my Notarial Seal, 1t d
70 City Of New Orleans, La, fhis and day
IT, January, 1o1& ~
sti H MIHEL Net Ruh.