The herald., 1919-05-08
CHARTER.

cor F|tfIllnN rrfIt. than f'r
unpaid hlIm,r due thr corporation on
the shares ut stock ,gl-.r T..,I lbs him.
nor shall amy mere inform oats IA organ
izatiuu la.r. H.. r0.,t of -pr,l,'riu., tt,t,
IyI.r.,r NUN or of ,..rp,t.., am, .fn.,-
/ Lol.rr TO a.., r.hftttt .,.,tt. Yer TFi.
Iroruorufiuu shall .a' ur. -I.,. in Irf..,,...
/ uuru Five thousand ,SlHs.p folr1ls. or
I fifty llUi shares ni tl, ,r..i.. .-fo.k shall
/ hrNr been issued .U.. ...fr. ...t- .,.. .r
either i'm cash. Iru-,rty Va ,.r.. .,.- r.uF..r
. rt u> aforesaid. It luy of il.. -r.,. Dt
fHl, corporation is ,,.l.u.ta ,!r..r in
whul. or in part for lrr..r.y nr good
INl.l rr.. uroyi,ioIS of - tf.i . .T g.,
/ gG1 of Isll shall ht. rourlI...G Min ,rri,.r..
/ NIWItT An rI.. .,rt,rr.t,,. ,.,....--
/ of this .oT,urirfor shall D.. ,,..f..l In ..rs
I,Nrrtl,.l It . lr.rE of ifirr..-,r. ,.,...
posed ur three. -fu,k..rIi..r- ,..F obi
+ whom shall ",yu n ais o,yu night. ,u-lns
his t.rr al uttl.r .t hast one tut. r.It
/ >har, uI stock l.En Cd, whom shall .-,
sfI'uI. ID quorum. FOR tE. transaction ol
/ ru business. The others uf luis .pr.u~I-
! tom ~naU consist ct "A President vice
/ President and % $..r,fr-y l.~e.,rir..r az
| of whom shall l. m.r b.r- oi rl, Board
pf Directors TH. tul,.vIa. named rr~-
/ sons shall constitute. .... rrr.f l.n.rf al
/ directors. tu-Nft. TutrI.- ! br.,..f res:
:rgrr. 1871 SiNth street Eu~fu,-, address.
I $40 Eurouur street. New orleans I.t..
/ Edward T. joyce 81 liilia-, Strr.t Nm
/ Orleans I... James L. Pag.,,lI Ir14
4 Npui.t Sftr,t. New Orleans LII With
! Iuu.a, j. Ipu-s.u. President. Edward l.
joyce Vice President and lanes /
la-.ui. Secretary Treasurer and These
directors and officer, shall hold Office.
until Che second Nonday Of NrrU 1870
or uurjl their successors are GuIy elected
aud ,Tl. nfIrG Thereafter tL., directors
shall Dee elected annually on the second
Monday %. Aprii of each year. beginning
M"h zee all elections Of dire tors shall
h" I> ballot AND each shareholder shall
be- 'u'I,I"d To ON" vote for each share
@! stock standing in his uru" on tur
book Of IA" corporation, this vote to be
G@-l IN person or by written proxy, and
II shall require majority of the stock
present or represented 10 elect. Failure
10 h"ld "H election for directors on the
second Monday OF April 1870. or annual!
! thereafter. Shall not work a forfeiture of
inns charter hut TIA" old Board of l'ire"-
tors shalt rru"lu III oiitr" until their
! Successors ar" duly elected and qualified.
AEIltLE VI. The BOARD of Directors
snail hoId regular meetings at such times
as shall Ice fixed IN tn" bylaws Of this
corporation. Ihr~" meetings shall be- held
. NJ tn" domiriIr of this corporation, bur
IN" President may call special meetings
OF the Hoard OF Directors ut such times
as b" may deem advisable and he shall
b" required To call such meetings at the
/ request Of member of the Board OF
/ directors. Ihro" days written notice OF
t tn'h Snrolal meetings Sh1I be given To
IN, 'iI''tpIs un"sS WAIVER OF N.'h
moll,r Is SiEn,u ny the directors. Any
N"'ah'A occurring III ihr board OF llr''-
UT 'IIH'r from ""'ih' f'SiSh3Iloh' OF
i,u'',tl 70 n'Ih', Hi"!l ~ lIIt" ny w,
r'n,'iilhE hGaru 81 III MS h"Ni
'-,d',l ,nrr'I"S NJ il'. SUI Nay"n,N Snal'
80, y" a. Nv ~ i'pi'l vi i'ir'
!o'H V, '',H rPTP"ra'iI"n Hlan ht r'lulrtn
:" ul".s SHi'"pIt ny laNN l"T me Govern
ntrr.d m mt "r r6an, My ,s t ha e Te
l-'"''N VI 'he 'aN' may require
| ARTICLE With" stock Of this cor
Poration may be transferred, provided
such transfer shall be recorded upon the
Books of the corporation before it shall
be required to r "ogaize tn" transfer or
the new holder of the stock. Tn" total
itlount OF the subscribed stock. rs here
in set forth, is the SUM of Five thousand
lS,'uoOou) Dollars, or fifty (JO) shares,
which is hereby authorized TO be issued
fully paid and worcestershire, for cash.
and IN exchange Of property, or both, ac-
c"rdlng to law In the event that any
Sto"kh"!der' desires to sell his stock. or
any. part thereof. he shall first offer sam"
TO the remaining stockholders in proper
ton to their respective holdings. at its
Book or market value. This offer is 20
be made to aprear by letter written and
addressed to each StO, EhOlder at his last
known address giving him thirty days
option. At the expiration of which time
the StOckh"lder GeSIrlnG TO sell his stock
shah he az liberty to 30 50 at whatever
price and tc whom he shall please.
| ARTICLE WHITES charter NAV be
modified or filtered. the capital stock
thereof Increased or decreased or the cor
pOratiOn may be dissolved with the as
sent of twC-thirdS of the capital stock
, present or rrpr, scntcd mt any meeting of
. ! stockholders held for that purpose after
| prior notice i'll writing to each stock
holder mailed to him at his last known
post office address all in accordance with
the terms of Act 267 of 1914
| ARTICLE IN-At the expiration of this
! charter or the earlieS dissolution of this
CORPORATION for any cause. its affairs shall
he liquidated by one or more HQuidatOrS
to be elected by the stockholders all of
whom shall hold stock in this corpora
ton. and said liquidatOrs are hereby
vested with full power and authority to
liduidatc the affairs of said corporation
with full lower to act under the terms
of Section 80 of Act 2G7 of 1914
2 ARTICLE N.-The appearers hereby de-
= clare that they have subscribed to the
j. following nrIpher of shares of the capital
h stock of this corporation to-wit: Thomas
n Durpon GAO Boronne Street residence
!, 1547 Sixth street New Orleans. La.
- Twenty -four C2H shares: Edward L.
Y Joyce 337 Hillary Street New Orleans
: La one U) share: James l.. Pagaud,
o 1874 SOniat Street, New Orleans. La
Twenty-Five (25) shares The subscrip-
5 tons of Edward =. Joyce and James L..
n Pagaud shall be paid for in cash and the
4 subscription of Thomas J. Duggan, shall
d be fully paid for by the transfer by him
o of the business conducted by him at No.
= $40 Baronne Street this City, together
5 with the personal property contained in