The herald., 1919-10-16
CHARTER.

perty transferred to it by the present
incOrporators in payment of their stock
inscriptions, this Corporation begins busl-
ness with its Capital Stock of Fifteen
| Thousand Dollars ($15,00000) fully paid
up.
ARTICLE V.-AIl the powers of this
| Corporation shall be vested in, and be eX-
ercised by Board of Directors to be COM
posed at the present time of three stock
| holders, who shall be elected at stock
holders meeting to be held for that pur-
pose, annually, on the Third Tuesday OF
December at the dOmicile of the Corpora
| ton. At its first meeting following cleo
| ton the Directors shall elect from their
own number, for the term of one year
| n President a Vice President and Secre-
| tary Treasurer, who shall remain in office
until their successors have been duly
| elected and qualified, and who shall per-
| form such duties as are assigned to them
| respectively. by the Directors and as may
| be prescribed by the bylaws, Rules and
| Regulations to be adopted by the Board
| of Directors, for the operation of TINS Cor
| poratiOn.
| ARTICLE VI-The appcarers here de-
clared that they have subscribed, respec-
lively, to the following number of shares
| of the CAPITAL stock of this Corporation
| to wit: Mr. NJ. Michaclis, New Orleans
La. one hundred and forty-three shares
| Mr.. A. II. JOhness, jefferson ParlSn
| Louisiana, four shares; Mr.. Robert j. Sci
| lers, ANA. st. Charles Parish, La, three
shares. The said subscription of the said
| NJ NichaeIiS to one hundred and forty
| three shares of the Capital Stock of this
! Corporation has been fully paid for ana
settled by the said NJ. MichaeiS by the
sal" of all his rights, title ana interest
whatsoever, in and to all the movable and
| other property recently purchased by nm
and now on Alice Plantation in the Par,
ish of st. Charles. Louisiana; detailed and
| itemizcd statement and description OF SAID
| property, being hereto annexed, and the
said property having been appraised al
the sum of $li,300.0O by the Board of Dl-
| rectorS of the present Corporation, as sci
forth in said annexed statement
ARTICLE VII-The First Board of Di'
| rectors of this Corporation shall be com
| posed of NJ. MiChaeliS, New Orleans; y
II. JOhness, Jefferson Parish, Louisiana
and r. J. Sellers, ANA, st. Charles Par
| iSh Louisiana; with Mr.. NJ. MichaeliS as
President Mr.. r. J. Sellers as Vice-Pres
ident and Mr.. A. II. Johness, as Secre
tary-Treasurer. and these directors shall
| serve until the Third Tuesday of Decem
her 1920, (whpn the first election of di
rectors, under this Charter, shall be held
| or until their successors have been dulA
elected and have qualified. Any vacancy
| occurring for any reason in the Officers ant
| directors of this Corporation, shall b'
filled by the remaining members of The
Board.
Done and Passed, in my office, at New
| Orleans, the day, month and year flrs
above written, in presence of Miss Marie
| G.. Alpuente and Oliver c. Blanchard
competent witnesses who have signed
with the parties and me, notary, after du'
reading. And. in order that the presen
act of incorporation may serve as the orr
| ginal stock subscription list the incOrpo
rators have placed, opposite their sigma
| lures. the number of shares, in this Cor
poration, subscribed for by them, respec
| lively.
Witnpsses-Marie G. Alpuente; o. c
| Blanchard.
(Orignal signed) VI. Michaelis, 143
shares; X. J. Sellers. shares; A II
JOhness, 4 shares.
GUS. A. LLAMBIAS,
Notary Public.
| Registered in Mortgage Office in BOOB
| 1881 folio 2S7 true copy.
| GUS. 4. LLAMBIAS.
| Notary Public.
| Sent 1S-Octoher %.