The herald. [volume] (New Orleans, La.) 1905-1953, 1919-12-18
CHARTER.

right to appoint and dismiss such clerks,
managers and other employees OF the cor
poratiOn, as in its judgment, may be
deemed necessary.
The tenure Of Office of all employees Of
the corporation shall be- during the pleas
urc of the Board.
Each stakeholder shall be entitled, in
person or 10y proxy, to one vote for every
Shar"Cf stock owned by him, and all
elections shall be held under such rules
and regulations as may be specified by
the Board of Directors.
ARTICLE NI-ThiS net Of incorporation
may he changed. modified or altered, or
this corporation may be dissolved. with
the assent of stockholders owning two
thirds ~ all the stock of the corporation,
at a general meeting convened for that
purpose, and after at least fifteen days
written notice of this meeting has been
given personally or through the mail TO
each stockholdrr ut his last recorded ad
dress.
In ease of dissolution, by the expiration
of this charter or otherwise after the
compliance with law. the stockholders
shall elect two lquidators from among
their number to liquidatc and settle the
business and affairs of.
The said HquidatOrS shall have full
power to settle the corporations debts
aud divide the remaining money among
the stockholders In the event of death
or disability of any one of the said lqui-
Cators, the remaining lquiiftOr shall
iulnll all the duties of HquidatOr. Said
HQuidHtorS shall have the power to iiN
and prescribe the terms OF sale of said
property and the manner in which the
sale shall be made.
They shall bc vested with fun. final and
complete power and authority. necessary,
/ proper and cNp"dient to do and perform
any and every act and thing necessary
/ 10 wind up ana lquidate the business and
/ affairs of the cooperation.
! ARTICLE Vino stakeholder Shall
ever be liable or responsible for the con
. tracts faults or debts of said corpora
/ ton. nor shall any mere iuformality in
/ its organization have the effect of rem
dcring this character null or of exposing
/ a stakeholder to any liability beyond the
/ unpaid balance due on the shares of stock
4 subscribed for or owned by him.
/ ARTICLE NII-The subscribers here
unto hav" respectfully written opposite
/ their names. the amount of stock in this
/ corporation subscribed for by each of
/ them so that this act Of incorporation may
! also serve as the original subscription
/ list of the corporation.
Thus done and signed, at my Office, at
! the city of New Orleans. on the day,
/ month and year first above written in
/ the presence Of McSsirurS Charles lie Blanc
and Frank 7. Doyle, competent witnesses,
/ residing in this Parish, who have signed
! these presents. together with said appear
/ rrs and me, Notary, after due reading of
/ the whole.
! tlfl4lhal SlSNeND
| JOHN A. MATGHT. y. O. G6 Shares.
/ l. +. SCIIFNCK. y. o.. 33 Shares.
G. f. NOUNGMAN, y. o, / Share.
| Witnesses:
| ChaS. lie Blanc,
| +. II. Doyle.
! J. c. HENRIQUES,
! Notary Public.
! J. the undersigned Recorder of Mort
| cages in and for the Parish of orleans,
! State of Louisiana, do hereby certify that
I "a hove foregoing \ IuFOrnOr1-
/ tion of The Federal Tax Service & Audit
/ Bureau. Inc, was this day duly recorded
in my Office, in Book 1921, folio ESQ. New
| Orleans. November Is, 1919.
! (Signcd) EMILE j. LEONARD.
"a true Copy"
J. c. HENRIQUES,
Notary Public.
! Dee. 1-Jan.