The herald. [volume] (New Orleans, La.) 1905-1953, 1919-07-24
CHARTER.

Stewart as Vice-President, William F. Stew.
art as Treasurer, and Louis Plauche as Sec
rotary. The aforesaid directors shall lYll
their office until the first Monday OF June.
1920, or until their successors are elected
and qualified.
All elections Of directors shall be by bal
lot at the office of the corporation. urder
the supervision of the board of dirs-f IS.
under such rules and regulations a TIE
board of directors may from time to ti,,r
prpmulgate. Notice OF meetings Of stock
holders, regular special, except as hereia
/ otherwise provided, or except as utherHls.
required by law, shall consist of notice sent
in writing TO each stakeholder At his las,
of the corporation, fifteen days PRIOR to the
date of the meeting. Failure to dcSi gua.r
an address shall permit notice 10 be sen.
to the General Delivery at New Orleans.
to such place may by the board OF d.
rectors be determined, and to bc sent
and shall constitute full and complete no
tice. Each stakeholder At the annual or
other regular special meetings shall be
entitled to vote for each share Of stock
owned, and the vote Of any stOckhoIdcr a.
Should vacancy occur IN the board of
directors same shall be filled by the remain
ing directors by the election for the uurN-
pired term Of a stakeholder. Failure to cleo.
directors on the date specified shall not dis
solve the corporation but the directors then
in office shall remain in office until their
successors are elected ana qualified.
The board of directors at their first meet
ing following the annual election shall e.gc,
from their number a president, a vlCe-pr,s,-
dent, secretary and treasurer. The board
shall have the power to unite two or more
offices and the TO confer upon one
person. The board OF directors may elect
but not necessarily from their number, such
other officers and agents to them seem
advisable.
The board Of directors is hereby given all
power to carry on the business and affairs
of the corporation, and to make all rules and
regulations not inconsistent with the terms
of this charter. All norc-s provided for
whether to stockholders or directors may be
waived by the written or telegraphic consent
of the stakeholder or director
ARTICLE VII-Whenever this corpora.
ton shall be dissolved or liqu.dated it.
affairs shall be lqudated by three stock,
holders elected by the stockholders at
meeting called for that purpose. This cor
poraton may be dissolved and liquida,ed at
any time by vote of two-thrds Of the out
standing stock voting TO that effect. In the
event Of the death of any liquidator, the sur
elect another to fill the vacancy, but pending
such election the surviving liqudatorS shall
have full right and authority to act IN al
matters.
ARTICLE VIII.-This act Of Incorporation
may be modified ALTERED or amended in the
manner provided Dy law, al any meeting OF
the stockholders, whether the same be
regular meeting or a special meeting, after
previous notice shall have been sent, as
hereinabove provided unless the same shall
have been waived, to the last known ad-
dress OF each stakeholder, at least fifteen
days prior to the meeting, and after publ
cation at least once a week for two weeks
IN daily newspaper in New Orleans, Louis
lana. Any increase or decrease OF the Capi.
tai stock OF this corporation, except as herein
tba-t 1la1 hall la l..
cordance with the laws governing such mat.
tiers.
ARTICLE IX.-No stakeholder shall be liza
bic or responsible for the acts, omissions or
contracts of this corporation, or of its Of
ticers, in any sum other than the unpaid
balance due on the shares of stock owned
by him, nor shall any mere informality in
organization have the effect of rendering
this charter void, OF exposing any stock
holder to any liability in excess of the
amount due on his stock.
ARTICLE X.-There is annexed hereto an
accurate, detailed and temized description
OF certain property, being certain property
formerly owned by the Stewart Land Com
pany and f. b. Davis, and certain other
property which is to be conveyed to the
corporation in payment of subscriptions to
500 shares of its capital stock showing the
amount, location, extent, character and state
OF improvement of said property, together with
a statement of the value of said property as
appraised by the directors of this corpora
ton, and, in order that this charter NAV
serve also as the original subscription list
the subscribers hereto have indicated oppo-
site their respective signatures the number
OF shares OF stock subscribed for by each
of them.
Thus done and passed at my office, at
New Orleans, Louisaan on the day. month
and year first above written, in the pres
ence Of VIM. L. Nugent and p. c. Bucking-
ham, competent witnesses who have hereun-
TO subscribed their names. together with
me, Notary, and said apeparers after due
reading of the whole
Original Signed) Names of subscribers
omitted.
Witnesses; VIM. L. Nugent, p C. Buck
ingham.
WATTS X. LEVERICH,
Notary Public.
I, the undersigned. Recorder of Mortgages,
in and for the Parish of Orleans, State of
louisiana, do hereby certify that the abov,
and foregoing Act of Incorporation Of
Bunch's Bend Co., Inc, was this day duly
recorded in my office, in Book 1881, Folio o.
New Orleans, June 30th, 1919.
EMILE J. LEONARD, by R.
A true copy.
WATTS X LEVERICH,
Notary Public.
July 3-August 7.