The herald., 1919-07-31
CHARTER.

Stewart as Vice-President, William p Stew.
art as Treasurer, and Louis Plauche as Sec
rotary. The aforesaid directors shall hold
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, uudei
the supervision of the board OF directors
under such rules and regulations as the
board of directors may from time 10 tilrt
pronulgate. Notice of meetings of stock
holders, regular special, except as herein
required by law, shall consist OF notice sen;
in writing to each stakeholder al his last
known address, as it appears on the books
of the corporation, fifteen days prior to the
date of the meeting. Failure to designate
an address shall permit notice to be sent
to the General Delivery at New Orleans
to such place as may by the board OF di
rectors be determined, and to be sent
and shall constitute full and complete no
tce. Each stakeholder at the annual OF
other regular or special meetings shall be
entitled to one vote for each share of stock
owned, and the vote of any stakeholder at
any meeting shall be cast by written proxy.
Should vacancy occur IN the board OF
directors same shall be filled by the remain
ing directors by the election for the unex.
PRED term OF a stakeholder. Failure to eec,
directors on the date specified shall not dis
solve the corporation, but the directors then
in office shall remain in office until their
successors elected ana qualified
The board of directors at their first meet.
ing following the annual election shall elec,
from their number president, vice presi-
dent, a secretary and treasurer. The board
shall have the power to unite two or more
offices and the same to confer upon one
person. The board of directors may elect
other officers and agents as 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 term:
of this charter. All nouees provided for,
whether to stockholders 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 liquidated, its
affairs shall be liqudated by three stock
holders elected by the stockholders at a
meeting called for that purpose. This cor
poration may be dissolved and liquidated at
any time by vote of two-thirds Of the out
standing stock voting to that effect. In the
event OF the death of any liquidator, the sur,
viving liqudators shall have the right to
elect another to fill the vacancy, but pending
such election the surviving liquidators shall
have full right and authority to act an all
matters.
ARTICLE VITI.-This act of incorporation
may be modified altered or amended in the
manner provided by law, at any meeting of
the stockholders, whether the same be a
regular meeting or 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 week for two weeks
in daily newspaper in New Orleans, Louis
lana. Any increase or decrease of the capt.
tai stock of this corporation, except as herein
provided, shall be made in &C.
cordance with the laws governing such mat.
tiers.
ARTICLE IX.-No stakeholder shall be liza.
BILE responsible for the acts, omissions or
contracts of this corporation, or of its Of
tlcers, 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, or 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 itemized description
of certain property, being certain property
formerly owned by the Stewart Land Com
pany and I. b. Davis, and certain other
property which is to be conveyed to the
corporation in payment of subscriptions to
800 shares of its capital stock showing the
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 may
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, Louisiaan, 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 g.
New Orleans, June 30th, 1919.
EMILE J. LEONARD, by R.
A true copy WATTS K. LEvERrcH.
Notary Public.
July 3-August 2.