The herald. [volume] (New Orleans, La.) 1905-1953, 1918-09-19
CHARTER

and perform such duties as may be prescribed
| by said Board. and who may be removed al
the pleasure of the Board. The directors
shall have the right to I'LL all vacancies &C
curing in their number from death. resig-
nation or otherwise, and should the stock
holders at their annual meeting tan 10 eject
the full five directors, then and IN tnI'
event the directors elected by the stOckhOld
ers shall have the right to elect such addl,,
tional directors in order 10 nave Iuli
Board. .
ARTICLE VII-The annual meeting Of
the stockholders for the election OF directors
shall be held on the fourth Monday OF Au
gust OF each year. commencing with august
1910 The election for directors shall De OS
ballot. and the majority IN amount OF STOCK
voting shall elect the persons lot "ho''
they are cast. Each share OF STOCK No'eG
unon TO be counted for but one vote sara
tool shall not be entitled to cumulative
voting The Board OF Directors Nhall give
at least fifteen days notice by mail OF the
election OF said directors, and ShaiI appo.Itt
one or more stockholders 10 PRESIDE al SuIi
election. ANY failure from any cause what,
soever to elect directors on the day hdile -
for that purpose shall not dissolve the cor -
poration. but the directors then IN oiiice
Shall hold over until their successors nave
been chosen and have qualified
ARTICLE NIII.-NO stockholder shaIl cNSi
he held liable or responsible for the contracts;
faults or debts Of this corporation, nor ShdII
any mere informality IN ITS organization nav
The effect Of rendering this cAdrter nun uI
~ exDosiug its shareholders TO any haDlHls
beyond the unpaid balance que o" '-'e
owned by them. :..,
article IX.-Au transfers Of the capital
stock of this corporation snail ne Hldue o''
the books OF the corporation, ana no "ai
fer shall be binding on this corPo'a'ion' ~
INV manner whatever, unless so entered
No sale Of stock OF this corporation enali Oe
valid, unless first offered for pefl1u oi
thirty DAYS 10 the stockholders, through 'lS
Board OF Directors at price nTn 70 =; he
us book value. Upon the failure OF the
stockholders 10 avail themselves Of such pui-
chase during the said period Of thirty day
notation of such fact shall be made by inc
Secretary Treasurer, upon such ctriHlSdt9 %
certificates having been previously tehdetSG
!, accordance herewith. and thereafter sara
stock NAV be sold without further rtstfiT
zion Succeeding purchasers thereoi' sld.''
however, be required TO offer the same u
the stockholders for term ana al 'a'"I
same, and all stock acquired IN TINS 'oIPoiS
ton Shall be subject TO the provisions OF TINS
charter. IL
meeting OF the stockholders called Tor thai
purpose. after fifteen days notice by mai
has been given to the stockholders oi rec
ord, by a vote Of two thirds OF all ou's'anu-
ing capital stock. l.
ARTICLE NI.-This corporation may De
dissolved by a vote OF two thirds Of an OUT
standing stock. and upon complying Win me
OF Section q OF Act @ol OF INC
Louisiana Legislature for the year 1914; ana
in the event OF such dissolution, liqulualCis
shall be named and appointed with all the
necessary powers and authority as set form
in said Act 267 of 1914.
ARTICLE NII.-In addition to the powers
conferred on the Board Of Directors OF this
the said Board is specially vested
with the power OF purchasing and acquiring !
such business or businesses, "a IN ITS Judg-
uent may rebound to the interest ana wei
fare Of this corporation. and IN payment
thereof, to issue capital sock OF this corpora
lion. in such an amount IN their Judg-
neut said business or businesses are worth
ARTICLE NIII.-Whereas. the subscrip,
,inns Of certain stockholders 20 the caPilaI
stock OF this corporation consist IN properly
IN he transferred to this corporation, IN &C |
,ordance with the provisions Of section three
Of Act 267 of the Louisiana Legislature oil
The year 1914, there - now annexed 10 'nese
articles OF Incorporation, and to be read IN |
Herewith. an accurate. detailed |
md itemized description of such property |
together with a statement OF its appraised |
value by the directors OF TINS torporauon'
he same as if set forth in detail in his char
ARTICLE XIV.-The names and post-of- |
ice addresses OF the subscribers TO these
articles OF Incorporation, and the number OF /
,5ares of stock subscribed by each, are as
follows:
(NameS OF SuDSCrlDcre. lHSlI duultsSSS' anu
respective Subscriptions
Thus done and passed in my oitiee, IN the /
-ity of New Orleans, La. on the day and
late first above written, in the presence oil
Nessrs Irwin Thomas and Leon ). Calm,
competent witnesses, domjciled in tins city
who signed these presents, together with the
PARTIES, and me, Notary, after due reading
# the whole. the parties hereto attiNing OPP
,osite their respective names, their respec-
i've subscriptions to the capital stock OF
his corporation. which shall constitute the
riginal subscription list OF all stock sub
cribed in this corporation. Original sign
ID, Subscribers; No. of shares. Witnesses;
irwin Thomas, Leon 6. Calm. THEODORE
SCHUBER, Notary Public.
|, the undersigned. Recorder OF Mort
ages in and for the Parish of Orleans, State
4 Louisiana. do hereby certify that the
.bove and foregoing Act of Incorporation
4 the Crescent City Cork Works, lnc., was
his day duly recorded in my office. in Book
222 Folio AS. New Orleans, September attn,
9lS (Signed) EMILE J. LEONARD. by.
Z, ,,ro.onr
A true copy of original THEODORE A.
,CHUBER. Notary Public.
Sept 1926, Oct. 5-lOH-A.