The herald. [volume] (New Orleans, La.) 1905-1953, 1919-09-18
CHARTER.

holder or director. Said Board of Direct
OrS shall have the right and power to
appoint and dismiss such clerks or other
employees of the corporation, including
the secretary who is not a stakeholder or
director rs conditions may Justify or the
business of the corporation may require.
The tenure of office of all employees of
the corporation shall be during the plea
sure of the Board of Directors.
The first Board of Directors shall be
COMPOSED of G.. q. Millwee, Henry L..
Phillips and l. &. WaggOner with q. ..
MiIwce as president. /. G. WaggOner as
vire-prpSident, and Henry l.. Phillips as
Secretary treasurer and they shall con
tinue to hold office and to serve until
their successors shall have been duly
elected and shall have qualified
ARTICLE IV.-No stakeholder shall
ever be held liable or responsible for the
contracts faults or debts of this corpora
ton, nor shall any mere infOrmality in
its organization have the effect or rend-
ering this charter null or of exposing Il
stakeholder to any liability beyond the
unpaid balance due on the shares of stock
owned by him.
ARTICLE VII.-ThiS act of incOrpOra-
ton may be changed. modified or altered
by a vote of twO-thirdS of the persons
owning capital stock of this corporation
at a meeting convened for that purpose
after notice thereof shall have been given
for thirty days. in the manner provided
in Article > of this act of incorporation,
provided. however, that the objects and
purposes for which this corporation is
organized shall not be changed or altered
or the capital stock of this corporation in
creased to au amount exceeding the maxi
mum herein fixed or decreased to an
amount less than the corporate indebted
ness without the consent and approval
of the stockholders owning threc-fourthS
g,Fr h., Al nf
tiOn.
ARTICLE VIII.-This corporation may
he dissolved with the assent of the stock
holders owning twQ-thirdS of the issued
capital stock of the corporation mt
meeting convened for that purpose after
notice thereof shall have been given to
each stakeholder i'll accordance with the
terms of Article > of this act of incOr
pOratiOn. In the event of the diSSOlu
ton OF this corporation by the expiration
of its charter or otherwise the business
and affairs of the corporation shall be
settled by three liquidatOrS to be elected
by the stockholders from among their
number at the meeting which decides to
liquidate The fees and compensation
of said liquidatOrS shall be fixed and de
termined at the meeting at which they
are elected. Said fquidatOrS shall have
full power and authority to settle the
entire business and affairs of the corpora
ton. In the event of the death or in
ability of any said liquidatOrs the survivors
shall appoint a successor or successors to
him or them from among the stockholders.
ARTICLE IX.-The shbsrribers have
written opposite their respective names
their postOffice addresses and the amount
of stock subscribed for by each of them
in this corporation. so that this act of
incorporation shall Sereve as an original
subscription list.
Thus done and passed at my office in the
City of New Orleans. on the day, month
and year herein first above written, in the
presence of David c. LOker and Benjamin
r Waldo both of this city competent
witnesses who have hereuntO signed their
names with the said appearerS and me,
Notary after due reading of the whole
Original Signed q. Q. Milwee, Is shares.
"a n. Ann St. Mobile. Ala, Ira c. Wag-
goner, by G. Q. Milwee. Is shares, 202 y.
Commerce St..Mobile Henry L. Phillips
by q. O. Miweo. Is shares. 204 y. Com
merce St. Mobile. David G. LOker, Benz.
PETER Stiff.
Notary Public.
| hereby certify that the above and
foregoing is a true ana correct copy OF the
original on file in my office.
New Orleans, La, August 2Ith.. 1919.
PETER STIFFT,
Notary Public.
I the undersigned, Recorder of Mort
cages in and for the parish of Orleans.
State of Louisiana, do hereby certify that
the above and foregoing Act of IncOrpOra
ton of the Merchants Wholesale Grocery
Company, Inc. was this day duly record
ed in my office. in Book 1921, Folio --
New Orleans Sept-4, 1919.
EMILE J. LEONARD, by, r.
Sept-11- Oct.,-16.