The herald. [volume] (New Orleans, La.) 1905-1953, 1919-09-04
CHARTERS.

succeeded by a board of directors Wh" /
have been duly elected and quailhrd; pro
vidcd that failure to eject Il hoaru
~ Jircctors shall not have the enr't |
of disSolving this corporation, nut tne /
board in office shall continue uhtl I"'t'
successors are elected ana assume OF .
flee; likewise the oihc'rH e',,,n I,, r',,
continue to hold office and serve Hh'lI
their successors are elected ana assume
office.
Tho hoard of directors above named
sbau have the right to increase the mum
ber of directors on giving = daNN hou.I
of the meeting for Sald PuFP"N'' "uN
S,birh directors if elected, Shdll serve
Gov tho same period as provided Tor inc
ahova hoard of directors Of ; II elected
nv majority vote of directors hef'i"
selected to serve, or until lheH su''''
sors are elected and quall!'
The officers elected by the board OF
directors shall serve for year or uh-
til their successors are duiS t',''G "'''
Uualiticd and shall consist OF Il pI'Nl
AM Vice president and secretary treas
urcr.
Tho following officers shall serve for
tho ensuing wear or until their SucceN-
snrS are elected and quallIE: N'h. JUN
son, president; Il. y; LoughnrE, wee
president; n. J: ClrSl, - r,.t ar any
meeting of the board of directors ShaH
carry any proposition coming before A.
Including the election OF olh'rFS, W., ru'
aIortion of whom shall hc held annually
ne inard being given the right to com
hine the position of secretary treasurer
An stockholders meetings. shall be held
% Tho LomiciIe of the corporation. Hoard
rnontinrS may be held ont of the state.
In the event of a vacancy III IN" oi",'
of director his successor may De 'l'''
ed by the board of directors.
Article VI-This corporation may pnF-
cb,sp hold and acquire STOCK III p'A'.
.nrrnrationS and the capital sto'h OF
80 cornoratiou may be issued Tor the
c,nitoI stock of other corporations WIN
surh restrictions as provided by law II
NAV issue bonds, certificates OF lh1tpl
. ndness and other evidence OF lhd"DIeuh'SH
and float sell pledge, or ehcuihOer 'ht
same. as may be determined by the poaru
of directors
! Article VII-This charter may be
onnnTed changed or altered by vote
Of two-thirds of all of its stock, present
or presented by written proxy ahu
whenever the board of directors siaI
deem it advisable that the cofPoIa' ION
DAYS after the adoption of a resolution
70 that effect by a majority OF the "nolt
board, at any meeting called ior Tia INA
purpose of which meeting each ulrcc
tor shall have received three days no
a. cause notice of the adoption or
said resolution to be mailed TO each
stakeholder, together with hOtlce "a
the meeting of stockholders to be helu
at the office of the corporalion' oIonted
action upon the resolution SO adopteu
nv the bard of directors. Inc neeIins
shall be held at any hour hXed oy tne
said board between 10 a. m ana p. III.
On the day so appointed tne me- re- ms
may. by consent of the majority IN IN
terest of the stockholders present. DC
adjourned from time to time, ana IL az
any such meeting, original or adJoutnt t, =
two thirds in interest of all the stocA
holders of the corporation vote that d
dissoiutiou take place, a certified copy
of such resolution, signed by the pre-
siding officer and secretary OF lie nv. ~
ing shall be filed in the ONCE Oh Iie
Secretary of State together with Hs'
of tbp names and residences of the 81
rectCrs and officers, certified TO py tne
president and secretary OF the corp "a, a,
ton and if the Secretary OF Slale NC
satisfied Herewith and shall issue Ctt
.;fnota of nroper compliance herewith,
fine corporation shall stand dlssoNeE' ah1
thp hoard shall publish notice OF saiu
dissolution not less than three times III
a paper published in the ParlSn 49, VI
Leans and the corporation shall proceed
to wind ND and adjust its ahmrS' pro-
vided that whenever all stockholders con
sent in writing to dissolution no me-
ing shall be necessary, but on nllnS su, 80 =
consent in the office of the Secretary Vi
$50 and the Secretary of State issues
his certificate to that effect, the corPvIi
alton shall kind up its affairs in tht
same manner as if voted upon as mere
, inbefore provided. -
J,pon the dissolution of this corpora
tion. the stockholders shall elect iron
; their number two hqul1atorS, VIZ NJ cent
of its stockholders, with 1uli power :,
settle the corporations AFFAIRS, colieU
the outstanding debts, sell ana cohIS!
= the property, pay its deots anu ctoat
among the StOth
2 holders. They may meet and act uhueI
5 the bylaws of the corporation anu un
r der regulations to be maue d! tn, an
l., they shall have the right power anu ht
Q thority to sue for and recover the uent
' and property of the corporation III tn
name of the corporation ana may "
- sued by the same name, ana cltatloh ma:
). be served upon any one OF theil' anC
: they shall be liable in solldo 10 an.
r creditors or stockholders for moneys o
= the corporation coming into thelr h"hu'
Said liouidators may be compelled u
: oualifv as judicial liquidators upon ap
y nlication to the court of any creditor y
: stockholder, and liquidate its affairs uh
der orders of court.
: Article VIII-No stockholder OIL lhl
l CORPORATION shall ever be haDle OF respVn
sible for the contracts, faults or ueol
5 of the CORPORATION or any OF It's ulrec
= torS or officers nor shall any informant.
;, in organization have the effect OF rem
i dering this charter null, or OF eNposln
7 the stockholder to any liability Deyon
= the unpaid balance due on shares o"he
by them.
Article IX-The subscribers hereto de
: clare that they have subscribed TO IN
u following number of shares OF the chpi
=, raj stock of this corporation appearln
u u opposite their respective names here'
. subscribed.
II Thus done and passed in my notarla
. e. in tho CITY of New Orleans La
q on the day, month and year hrSt apoS
s written. in the presence of Danlei Nehu
q ling and ii. Brown, competent WitncssT
70 who have signed these present WIN sai
d oppearers, to gether with me, notary
after due reading of the whole.
V Names of subscribers omitted.
II Ethelred NJ. Stafford, Notary PUBIC
= 4 true copy from the original: E'heI
:. red NJ. Stafford Notary Public.
If I. the undersigned, Recorder OF MOT
e cages. in and for the parish OF orlea ie
d State of Louisiana, do hereby cei A.
-e that the act of incorporation OF the ~. ~
@ tion Picture Advertising, Inc, was I'M
o dav duly recorded in my ONCE III ooo
y 1928, folio 1i3.
New Orleans, July 80, 1919. Dc
(SigneD Emile j. Leonard, by. hec'
" Aug7-Sept1l