The herald. [volume] (New Orleans, La.) 1905-1953, 1919-03-13
CHARTERS

and employees as they deem best to fix
their salaries, terms of office and the night
TO dismiss them at said Boards pleasure,
and said Board shall have the further right
to determine and fix the salaries, If any,
of the several officers herein provided for.
ARTICLE VI.-The first Board OF Direc-
annual meeting to be held on the second
Monday in January, 1920. or until their
successors are duly elected and qualified,
shall be: ]. Otto Elmer, 1894 Arabella
Street; New Orleans La. who t shall ws be
Fourth Street, Williamsport. Pa who shall
be Vice-President; Robert Gilmore, lH
Market Street, Williamsport, Pa, who shall
be Secretary Treasurer.
ARTICLE VII-This charter may be al.
tered or amended and this corporation may
| be dissolved by vote Of wO-thirds OF all
outstanding stock at a meeting of the stock
holders duly convened for that purpose by
| the Board Of Directors or by the President
upon the written request OF not less than
| twenty-five per cent. of the outstanding
stock, after fifteen days notice mailed to
each Shareholders last known address. But
the capital stock Of this corporation shall
not be decreased by such amendment TO an
amount less than the corporate Indebtedness,
! and no amendment shall be made changing
the objects and purposes OF this corporation
! without a vote of all outstanding stock, and
the capital stock shall not be increased be
yond the amount originally named the
| sum TO which the capital may be increased
except by a vote OF three-fourths OF all out
| standing stock.
| Whenever in the judgment OF the Board OF
Directors il shall be deen:ed advisable that
this corporation shall he dissolved, the Board
shall within ten days after the adoption of
| resolution to that eCceCt by majority OF
the whole board at any meeting called Tor
that purpose. Of which meeting each dlreC-
tor shall have received at least three days
notice. cause notice of the adoption Of such
resolution to be mailed 10 each stakeholder,
together with notice Of a meeting OF the
stockholders to be held at the office OF the
corporation, to act upon the resolution 50
adopted by the Board. The stockholders
meeting shall be held at any hour fixed by
the Board the day mentioned between
the hours Of 1000 A. NJ. and 500 T. NJ
for the purpose Of voting upon such proposed
dissolution. Whenever all OF the stock.
holders shall consent in writing to disso-
luton. no meeting or notice thereof shall
be necessary.
ARTICLE NIIL-Whenever this corporation
is dissolved by limitation otherwise, its al.
fairs shall be liquidlted under the super
vision OF three lquidators. elected by the
stockholders and chosen from among the
stockholders, which liquidators shall be
elected at a meeting of the shareholders con
vened for that purpose under the terms and
conditions OF Article Of this Chartr.
ARTICLE IN-No stakeholder of this
Company shall ever be held liable or re.
sponsible for the contracts faults OF this
corporation in any further than the un.
paid balance due on shares OF stock owned
by him, nor shall any informality in orga-
nzaton have the effect of rendering this
Charter null or OF exposing any stakeholder
to any liability beyond the unpaid balance
due on his stock, nor shall any informality
or lrregularlty in organization have the Ell
sect OF rendering any shareholder liable as
a partner.
Thus done and passed, in my office, in the
City of New Orleans. on the day, month, and
year first hereinabove written, in the pres
ence OF Messrs. John May and John D.
Miller, competent witnesses, who hereuntC
sign their names, with the said appearers
and me, Notary, after reading of the whole
and the said appearers have hereunto sign.
ed opposite their .names the number OF
shares of stock OF this corporation sub,
scribed for by them.
Original Signed Jos. w. Cochran, vii
Transport, Pa, share; Williamsport Wire
Rope Co, by Jos. w. Cochran. Pres, vii
Transport, Pa, % shares; Robert Gilmore
Williamsport. Pa, shares; J. O. Elmer
New Orleans, La, 90 shares; Logan Gun
ningham, by Robert Gilmore, Williamsport
Pa, shares.
Witnesses: John May John D. Miller.
CIIAS. F. FLETCHINGER,
I, the undersigned, Recorder of Mortgages
in and for the Parish of Orleans, State o
Louisiana, hereby certify that the abov,
and foregoing Act of Incorporation of J. o
! Elmer Company, Inc. was this day dull!
recorded in my office. in Book 1922, Folio -
New Orleans, La, February 10. 1919
Signed EMILE !. LEONARD. by. R.
hereby certify the above and foregoing
7 to be true and correct copy of the origina
Act OF Incorporation now on file and 0
record in my office.
E As Witness My Hand and Notarial Seal
at New Orleans, La, this 10th day of Feb
n ruary, 1919.
T. cHAs, F. FLET CHM pIsi,,.
o Feb 13-10-17. March 6.TS-1O