The herald., 1919-08-07
CHARTER.

ARTICLE IV.-The capital stock of this
corporation shall be Thirty Thousand Dollars
! (SS0,0O0O0), to be divided into and represent
ed by Three Hundred 5000 shares of the par
value of One Hundred Dollars $4,000 each
| which shall all be common stock, fully paid
and worcestershire. No stakeholder shall
sell or otherwise dispose of his stock with
out first offering it to the stockholders
| through the Board of Directors, at its book
value, in writing and the stockholders shall
have five days within which to accept OF
reject it. This corporation shall become a
! going concern when fifteen thousand dollars
/ (Sl5,OOOOO) of its stock shall have been sub
scribed and paid for, either in cash or its
equivalent, as allowed by law.
ARTICLE Vail the corporate powers OF
this corporation shall be vested in and ex.
ercised by Board of Directors to be com.
posed OF four stockholders, three of whom
shall constitutee quorum; each member OF
SAID Board shall own at least one % share
OF stock In his own name on the books o!
the company, and unencumbered. The Di-
rectors shall be elected annually by ballot
at meeting of the stockholders to be held
IN compliance with Section 10 of Act 267 OF
WA The FIRST Board of directors, TO serve
until the third Monday in January, 1920, or
until their successors shall have been duly
elected and qualified, shall consist of Harry
w. Fitzpatrick of No. 1886 Robert Street
New Orleans; Louis \. Till, No. 1909 Peters
Avenue, New Orleans; William H. Fitzpat.
and Hugh S. Till, of No. 1909 Peters venue
New Orleans, of which Harry W. Fitzpat-
rick, shall be President; Louis n. Till, First
Vice-President, William II. Fitzpatrick. sec.
ond yice-president, and Hugh S. Till, Secre
tary Treasurer. All vacancies in said Board
will be filled by the remaining directors for
the unexpired term.
The Directors shall have the power and
authority to sell, mortgage and pledge any
kind OF property owned by the corporation
either IN whole OF in part; TO purchase
lease and otherwise acquire any property
for the corporation; to make loans, borrow
| money, issue notes and other obligations, in
fact 1t shall have and exercise all powers
conferred by Act 267 of 1914.
ARTICLE VI.-This act may be changed
amended or modified the corporation may
be dissolved at any time by complying with
| the requirements OF said Act 267 of 1914.
ARTICLE NII.-The appearers have sub
scrlbed to the number of shares set opposite
their respective names, and their signatures
hereto shall constitute the original subscrp
| ton list to the capital stock of this corpora
tfon.
Thus done and passed. at my office in the
City of New Orleans, State of Louisiana, the
day, month and year first above written, in
the presence of Louis A Ducros and Numa
T.. Bertel, competent witnesses, residing in
this city, who have hereunto signed theii
| names with appearers and me, Notary, after
due reading of the whole.
Witnesses: L. A. Ducros, N. E. Bertel.
Original Signed Harry w. Fitzpatrick
one hundred and forty-nine shares; Louis N
Till, by Hugh S. Till, one share; VIM. II
Fitzpatrick, share; Hugh S. Till, one
hundred and forty-nine shares.
HENRY L. SARPY,
Notary Public.
/, the undersigned, Recorder of Mortgages
for the Parish of Orleans, State of Louisiana
do hereby certify that the act of Incorpora
ton of Fitzpatrick & Till uction Company
Incorporated" this day filed for record
and recorded in my office in Book 1928, Folio
-.
New Orleans, La, July 14th, 1919.
l., the undersigned, Notary, hereby certify
that the foregoing is true and faithful copy
OF the original act of Incorporation of "Fitz
patrick & Till Auction Company, Incorpo
rated" of record in my office, together with
the certificate of recordation of the Recorder
of mortgages for the Parish of Orleans.
In Faith Whereof, l have hereunto set my
hand and have affixed the impress of my
| official seal, this fourteenth Q4th) day Of
July, 1919.
HENRY L. SARPY,
Notary Public.
July 17-Aug 81