The herald. [volume] (New Orleans, La.) 1905-1953, 1919-12-04
CHARTER.

right to appoint and dismiss such clerks,
managers and other employees of the cor
pOration, as III its judgment, may be
deemed necessary.
The tenure of office of all employees of
the corporation shall be during the pleas
ure of the Board.
Each stakeholder shall Ice entitled. in
person or by proxy. to one vote Tor every
ShareOf stock owned by him. and all
elections shall be held under such rules
and regulations ms may bt specified by
the Board of Directors.
ARTICLE VI-This act of incorporation
may be changed, modified or altered, or
this corporation may be dissolved, with
the assent Of stockholders owning two
thirds Of all the stock of the corporation,
at a general meeting convened for that
purpose. and after ut least fifteen days
written notice of this meeting has been
given personally or through the mail to
each stakeholder at his last recorded ad-
dress.
In case of dissolution by the expiration
of this charter or otherwise. after the
compliance with law, the stockholders
shall elect two Hquidators from among
their number to liquidate and settle the
business and affairs of.
The said liquidators shall have full
power to settle the corporations debts
and divide the remaining money among
the stockholders. In the event OF death
or disability of any one of the said liQui-
datOrs, the remaining liquidktOr shall
fulfill all the duties of liquidator. Said
liquidatOrs shall have the power TO iiN
and prescribe the terms of sale OF said
property and the manner in which the
sale shall be made
They shall be vested with full, final and
complete power and authority, necessary,
proper and eNpcdient TO do and perform
any and every act and thing necessary
to wind up and liquidate the business and
affairs of the cooperation.
ARTJCIE stack holder ghall
ever he liable or responsible for the con
tracts, faults or debts of said corpora
ton. nor shall any mere infOrmality in
its organization have the effect Of rem
dering this character null or of exposing
n stakeholder to any liability beyond the
unpaid balance due on the shares OF stock
subscribed for or owned by him.
ARTICLE VIII.-The subscribers here
unto have respectfully written opposite
their names, the amount of stock in TINS
corporation subscribed for by each of
them so that this act of incorporation may
also serve as the original subscription
list of the corporation.
Thus done and signed, at my Office. at
the City of New Orleans, on the day,
month and year first above written in
the presence of Messeurs Charles lie Blame
and Frank T. Doyle. competent witnesses,
residing in this Parish, who have signed
these presents, together with said appear
ers and me, Notary, after due reading of
the whole.
Original Signed)
JOHN A. MAUGHT. N. o., sc Shares.
l.. L. SCHENCK, N. O., 30 Shares.
G. F. YOUNGMAN, n. o., Share.
Witnesses
Chas. lie Blanc,
F. Il. Doyle.
J. c. HENRIQUES.
Notary Public
l, 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 Federal Tax Service Il Audit
Bureau. Inc, was this day duly recorded
in my Office, in Book 1921, folio $50 New
Orleans, November Is. 1919.
(Signed) EMILE ]. LEONARD.
"A true Copy"
]. c. HENRIQUES,
Notary Public.
Dec 4-Jan. =