The herald. [volume] (New Orleans, La.) 1905-1953, 1919-07-03
CHARTER.

in case they should determine to increase
the number of said Board. Said Board
shall, at its first meeting, after its election,
nominate out of its number, a President, a
President and a Secretary Treasurer; it
may divide the functions of the last named
officer and may even elect a secretary who
need not be a director. Said Board of Di-
IectOrs shall have the right to appoint and
dismiss such Secretary, clerks, managers and
other employees of the corporation as con-
ditions may justify or the business of the
corporation may require. The tenure OF Of
tlce OF all the employees of the corporation
shall be during the pleasure of the Board of
Directors. Any of the directors or officers
shall have the right to appoint, by written
instrument, another director or stakeholder
10 act as his proxy and in his stead at any
and all meetings of the Board of Directors.
ARTICLE Vino stakeholder shall ever
be held liable responsible for the con-
tracts, faults or debts of said CORPORATION
nlzation have the effect OF rendering this
charter null, or of exposing a stakeholder to
any liability beyond the unpaid balace due
on the shares owned by him.
ARTICLE Widths act of Incorporation
may be changed, modified or altered or this
corporation may be dissolved with the assent
OF the stockholders owning two-thirds of all
the stock OF the corporation, at a general
meeting convened for that purpose and after
at least ten days notice of this meeting has
been given in writing, through mail, ad-
dressed to each stakeholder, at his last known
place of residence. In case of dissolution
by the expiration of this charter or other
wise, the stockholders shall elect three H.
qudators from among their number, to IL
quidate and settle the business and affairs
OF the company. In case of disability by the
expiration OF this charter or otherwise the
stockholders shall elect three liauidators
from among their number, to iquidate and
settle the business and affairs of the COM
of - L
SAID commissioners or liquidators, the sur
vivors or remaining liquidators shall appoint
a successor to him. The said liouidators
snail have full power TO settle said Com
panys debts, and divide the remaining
money and property among the stockholders
Ihey shall also have power to meet and act
under the bylaws of the corporation and
under regulations to be made by a majority
Oh Said ,iquldators; to fix The price and pre-
scribe the terms of sale of said property
and the manner in which the sale shall be
made and to take notes, and bonds, secured
by mortgage or otherwise for part of the
purchase pun price tor all or any part of said
herein conferred upon the liaudators NAV
De modified, changed denied by a majority
OF the shares of the capital stock of the cor
poration. The said liquidators shall have
authority TO for and recover the debts
and property in the name of the cornoration
any may be sued by the same name, and thew
shall be liable in solido to any creditor ~
stLocknoIder Tor the monies and property TO
,he corporation which shall come into their
hands possession as Iiouidators I'd 'ii far
Of. there-
ARTICLE VIII.-The entire capital stock
o. this corporation has been subscribed ar
me me time OF the signing of this charter az
tohoWs, VIZ: jeremiah c. Healy, whose adj
i IIess IS NJ N. Solomon Street, New Or
leans, La, ten shares; Winnifred b Heaiv
whose address is 4224 Canal Street, go shares
and Mrs. Mary Bertoniere whose adJrsss :;
shares aHS' La ten
AKllCLE IX.-Until the election ~ +.
held IN June, 1920 the following shall corst;-
tute the first Board of Directors. viz L..
m [; Healy, President; Winnifred r
,neiayy, Esiee-president and Mrs. Mary Der.
s., Thus done and passed in NV office ~,
the day., month and year, first above writ |
EN- IN me presence of Joseph L. Weise and
Ieorge A. Dreyfous, competent witnessaS
VINO nave signed with the appearers and |
NE W.; .ne Notary; after reading the whole,
w, illnesses: J. L. Weiss, Geo. A. Drew
Original Signed Winnifred r He,rv
:. Healy, Mrs. Mary Bertoniere '' J.
FELlX J. DREYFOUS.
Notary Public.
l, the undersigned. Recorder of Mortgages
n and for the Parish of Orleans, State Of
-o9isiana, do hereby certify that the above
ma ma ioregoing Act of Incorporation of the
furniture Agency & Realty Co, Inc" was /
his day duly recorded in my office. in Roof
22S, Folio =. IA DUN
New Orleans. June II. 1919
.S'gned) EMILE J. LEONARD, DIV. R
a true copy of the original act.
FELIX ]. DREYFOUS.
June 10 g. Tuly 3.fn-f72a A""iie'