The herald., 1919-02-27
CHARTERS

and employees as they deem best to fix
| their salaries, terms OF office and the right
to dismiss them at said Boards pleasure,
and said Board shall have the further right
to determine and fix the salaries, if any,
of the several officers herein provided for.
| ARTICLE VI.-The first Board of Direc-
tors and officers who shall serve until the
annual meeting to be held on the second
Monday in January, 1920, or until their
| successors are duly elected and qualified,
shall be: J. Otto Elmer, 1924 Arabella
Street, New Orleans, La, who shall be
President; Joseph w. Cochran, OBS West
! Fourth Street, Williamsport, Pa, who shall
| be Nice-President; Robert Gilmore, lH
Market Street, Wiliamsporr, Pa, who shall
be Secretary Treasurer.
| ARTICLE Widths charter may be al
tered amended and this corporation may
be dissolved by vote OF two-thirds OF all
outstanding stock at a meeting OF the stock
holders duly convened for that purpose by
the Board OF Directors or by the President
upon the written request of not less than
| twenty-five per cent. OF the outstanding
stock, after fifteen days notice mailed TO
! each shareholders last known address But
| the capital stock Of this corporation shall
not be decreased by such amendment to an
! amount less than the corporate Indebtedness,
/ and no amendment shall be made changing
the objects and purposes Of this corporation
/ without vote of all outstanding stock, and
the capital stock shall not be increased be
yond the amount originally named the
sum to which the capital may be increased
except by a vote of three fouTths OF all out
| standing stock.
Whenever in the judgment OF the Board OF
Directors it shall ne deer.ed advisable that
this corporation shall he dissolved. the Board
shall within ten days after the adoption of
| resolution TO that eCcect by majority Of
the whole board at any meeting called for
that purpose. OF which meeting each dlrec-
tor shall have received n least three days
notice. cause notice Of the adoption OF such
resolution 70 be mailed TO each stockholder.
together with notice Of meeting OF the
stockholders TO be held II the office OF the
corporation. to act upon the resolution so
adopted by the Board The stockholders
meeting shall be held At any hour fixed by
the Board on the day mentioned between
the hours u 1890 \. VI. and 800 7. NJ.
for The purpose Il voting upon such. proposed
dissolution. Whenever all Of the stock
holders shall consent in writing to disco
luton, 10 meeting or notice thereof shall
i ARTICLE VIIL-Whenevcr this corporation
IS dissolved by limitation or otherwise, its al
fairs shall be hquidated under the super
vision OF three hquIdatOrs. elected by the
stockholders and chosen from among the
stockholders, which ljquidators shall be
elected at a meeting of the shareholders con-
vened Tor that purpose under the terms and
conditions OF Article Of this Chartr
| ARTICLE IN-No stakeholder of this
Company shall ever be held liable or re-
SponsIble for the contracts or faults Of this
corporation IN any further sum than the un-
paid balance due on shares OF stock owned
by him. nor shall any informality in orga-
nization have the effect Of rendering this
Charter null or OF exposing any stakeholder
TO any liability beyond the unpaid balance
due his stock, nor shall any infornality
or irregularity in organization have the ef-
sect OF rendering any shareholder liable as
partner.
Thus done and passed. in my office, in the
City OF New Orleans, the day. month. and
year first hereinabove written, in the pres
ence OF Messrs. John May and John d.
| Miller. competent Witnesses, who hereunto
sign their names, with the said appearers
and me. Notary, after reading of the whole,
and the said appearers have hereunto sign
ed opposite their names the number of
shares OF stock of This corporation sub
scribed for by them.
Original Signed JOS W. Cochran, Viii
Transport, Pa, share; WillianSport Wire
Rope Co., by Jos. w. Cochran, Pres, Will
Transport, Pa, 20 shares; Robert Gilmore,
New Orleans, La, 60 shares; Logan Gun
ningham, by Robert Gilmore, Williamsport,
Pa, shares.
Witnesses: John May. John D. Miller
CHAS F. FLETCHINGER,
I. the undersigned. Recorder of Mortgages.
in and for the Parish OF Orleans. State of
Louisiana, hereby certify that the above
and foregoing Act Of Incorporation Of J. o.
Elmer Company. Inc, was this day duly
recorded in my office. in Book l222. Folio -.
New Orleans. La, February 10, 1919
(Signed EMILE J. LEONARD. by. R.
l hereby certify the above and foregoing
to be true and correct copy OF the original
Act OF Incorporation now on file and OF
record in my office
. As Witness Ny Hand and Notarial Seal,
at New Orleans, La, this 10th day Of Feb
CHAs. F. FLETcHINGER,
} Feb 1902; March $3.50.