The herald., 1919-08-14
CHARTER.

| ARTICLE 1V.-The capital stock of this
| corporation shall be Thirty Thousand Dollars
| (S5O,0O000, to be divided into and represent.
ed by Three Hundred $500 shares of the par
value OF One Hundred Dollars $4,000 each
which shall all be common stock, fully paid
I and worcestershire. No stakeholder shall
sell or otherwise dispose of his stock with.
out first offering it to the stockholders
| through the Board of Directors, at its book
value, in writing, and the stockholders shall
have five days within which to accept or
| reject it. This corporation shall become a
going concern when fifteen thousand dollars
| Si9OooOO) OF its stock shall have been sub
scribed and paid for, either in cash or its
equivalent, as allowed by law.
ARTICLE V.-All the corporate powers OF
this corporation shall be vested in and ex.
ercised by a Board of Directors to be com
posed OF four stockholders, three of whom
| snail constitutee quorum; each member OF
said Board shall own at least one Cd share
OF STOCK IN his own name on the books Of
the company, and unencumbered The Di-
rectors shall be elected annually by ballot
at meeting of the stockholders to be held
IN compliance with Section 10 of Act 267 of
1914. The first Board of directors, to serve
until the third Monday in January, 1920, or
until their successors shall have been duly
elected and qualified. shall consist of Harry
W. Fitzpatrick of No. 1886 Robert Street,
New Orleans; Louis N. Till, No. 1909 Peters
Avenue, New Orleans; William H. Fitzpat.
rick, No. 10Y Peters Avenue, New Orleans,
and Hugh S: Till, of No. 1903 Peters venue,
New Orleans, of which Harry w. Fitzpat-
rick, shall be President; Louis N. Till, First
| ce-President, William II. Fitzpatrick. sec.
ond yice-presdent, and Hugh S. Till, Secre-
tary Treasurer. All vacancies in said Board
viii be filled by the remaining directors for
the unexpired term.
The Directors shall have the power and
authority to sell, mortgage and pledge any
KIND OF property owned by the corporation,
hnl
lease and otherwise acquire any property
Tor the corporations; to make loans, borrow
money, issue notes and other obligations in
fact it shall have and exercise all powers
conferred by Act 267 of 1914.
ARTICLE VI.-This act may be changed,
amended or modified the corporation may
be dissolved at any time by complying with
the requirements of said Act 267 of 1914.
ARTICLE NlI.-The appearers have sub
scrlbed to the number OF shares set opposite
their respective names, and their signatures
hereto snail constitute the original subscrip-
tion list to the capital stock of this corpora
tfon.
Thus done and passed, at my office in the
City Of New Orleans, State of Louisiana, the
day, month and year first above written in
the presence of Louis A. Ducros and Numa
T.. Bertel, competent witnesses, residing in
this city, who have hereunto signed their
names with appearers and me, Notary, after
due reading of the whole.
Witnesses: L. A. Ducros, n. E. Bertel.
Original Signed) Harry w. Fitzpatrick,
one hundred and forty-nine shares; Louis n.
Till, by Hugh s. Till, one share; VIM H.
Fitzpatrick, one share; Hugh S. Till, one
hundred and forty shares.
HENRY L. SARPY,
Notary Public.
l, the undersigned, Recorder of Mortgages,
for the Parish of Orleans, State of Louisiana,
do hereby certify that the act OF Incorpora-
ton of Fitzpatrick & Till uction Company,
Incorporated" was this day filed for record
and recorded in my office in Book 1928, Folio
-.
New Orleans, La, July 14th, 1919.
l, the undersigned, Notary, hereby certify
that the foregoing is true and faithful copy
OF the original act of Incorporation of "Fitz-
patrick & Till Auction Company, Incorpo-
rated" of record in my office, together with
the certificate of recordation of the Recorder
OF mortgages for the Parish of Orleans
In Faith Whereof, / have hereunto set my
hand and have affixed the impress of my
official seal, this fourteenth Q4th) day Of
July, 1919.
HENRY L. SARPY,
Notary Public.
Tuly l7-Aup 81