The herald. [volume] (New Orleans, La.) 1905-1953, 1919-04-03
CHARTER


- Ia ornl;o,ces I'D o,bar ,,,+or,ob;Ie an
pliances and accessories, and in general to
| do ali such things as NAV be proper and
necessary 10 the objects and PURPOSES herein
| SET out.
ARTICLE IV.-The capital stock of this
cornora+ion shall he. Twenty Thousand.
Fo,rr Urndred Dol1ars (S11 4ni nOl divided
NJ Fifteen Thousand Two UuDd-ed Dol
lars ISIS 1l0OO. or l52 shares of common
st1ck and Five Thousand Two Hundred
| ,S5 No om Dallas mr. = shares oref.rred s.nrL
h1,L ;ssres ~ s.ocI A. he na- vaf,,e II
0ra Hooded D,IIars Tr- sharf The pre
! ferTei Sol ~ his r,roo-sri1r7 +, enjoy the
same rate Gf dividends As the Common STOCK.
low sav voting powers NJ meetings Of stock
Io1drrS or the election AZ Directors and
nff;rers r;ftv re~ -e-, 81 he rori-ai
| STOCK 81 This corporatior must be subscribed
| hcf,ra -,c f;r;-g al sr.;.'rs ~ irco-o,r7,in-,
which shall he pavaJle in cash, ar in n-on-
e-t,, c,I ~ rllrsar,I r;ft,. me- ran+ ~
az s.,,L. s,,hsr-;baI ~ -,,,s, he ,r.-,Ir,,
MD in before ,5, r0-n,~l.inr engages in
L.,.;rs.s ,,I -l. -egr,i~Ia- ,r.i.fi[7 rgrer,-r
months hereafter.
tP-TrSTE EAfI ~ .r,. .,rr,-,,, .,,---.
| If ms co~noratfor sha'I he exe-,ise1' Inv
| Roard If Directors CONSISTING az riph-
| Stockholders which rar lie 9-rrr1scd IN
| twelve nv vote Of Board II Directors who
yyiu a'ert saiI -rvr directors a -l,i,ri-, az
| whom shall constitute a oyo.ur for the
| transaction If business The Board Of Di-
|
| her = President. Vice Presidert and Sec.
! reta-v-T~easure- The BOARD shall appoint
| from time to time. such officers. agents.
| clerks and errnIoyees * -Lev NAV Deem
| rroner far the ca-rvirq on n-6ncrIv of the
| business NJ IN. rornora.;or who shall b5'd
office at the pleasure Of the Board. or nav
! arnoirt MANAGER With the move 70 en-,
niav and Iischgrge sgrL agents md cm3Ioyrrs
| as NAV he deemed necessary. Said Board
| may make alter aud amend INV aud oil
| such bylaws and rules and regulations for
| the government Of the business nd affairs
Of this corporation. The following persons
! shall constitute and cnmp1se the first Board
Of Directors: juliau NJ Syyoop. +. NJ
Schlegcl, Nicholas l. Nutter. David Sweiy-
| right $ Gordan HAMBURGER d. l. Plcdger
| George Swarbrick. C. l. Derhes, who shall
| elect from, their number, as soon as the cor
| poratio1 is formally organized a President
| Vice President and Secretary T re 4 s,1rer
| which said officers shall serve as sIrh nm
| til the regular annual meeting Of the stock
| holders is held and their successors elected
! and take office. the date of which shall be
| fixed upon by the Board Of Directors Va
/ caucies caused by death resignation absence
or inability 10 serve shall be filled by the
| remaining members OF the Board A failure
to elect a Board on the date fixed upon by
the Board shall not have the effect Of dis
| solving this corporation but the directors in
| office shall continue to serve until their
| successors aree elected and assume office
| The annual meeting of the stockholders of
| ms corporation Tor the election OF officers
| shall he held on the third Monday of Febrl1-
| airy. of each wear and the directors now chosen
| to represent this corporation shall hold of
flee until that date in l--J or until their
| successors are dulv elected and Qualified In
case vacancies occur during the wear same
| shall be filled by the remaining directors or
director
| ARTICLE VI-This charter may modified,
| changed or altered or said corporation may
| be dissolved with the assent of stockholders
| owning wo-thirds of the entire capital stock
at a general meeting OF the stockholders con
vened for that purpose, after fifteen as
days written notice of this meeting has been
stakeholder at his last known place OF resi-
dence. The corporation may likewise be
| dissolved whenever all the stockholders
shall assent, in writing. to a dissolution.
| in which event no meeting shall be neces-
sary, but such consent must filed in the OF.
| flee OF the Secretary of State and the proper
certificate obtained. In case OF dissolution
| by the expiration OF this charter or other
wise the stockholders shall elect one or
more liquidators from among their number
to iiquidate and settle the business and
wind up its affairs. In case of the death
OF said liquidator, if one be appointed,
successor shall be elected; in more
| liquidators shall serve, who shall have full
| power to settle said company's debts. collect
outstanding, accounts due the corporation or
| To- sue IN the court tor the recovery of same.
| INC SUBSTITUTE hereto nave respectively witt
tn opposite their names the amount of stock
IN this corporation subscribed for by each of
them, so that this act Of Incorporation shall
| serve as the original subscription list of
| Thus done and passed in NV notarial Of
flee in the City of New Orleans. aforesaid
| IN the presence of Messrs. Lewis w. Raw
lingS and George f. Morris, competent wit
csS wG of lawful age and Fssd ling, in th:
| together with said parties and me. Notary.