The herald., 1919-05-08
CHARTER.

S1AAlk
The first Board of Directors shall serve un-
II! the election be held on the third
Tuesday in March, 1920, or until their sue
cessors are duly elected, qualified and in
stalled; said first Board OF Directors with
their post office addresses is as follows
Mrs. Magdalena Holzer, SOP Canal Street,
New Orleans, La; Rudolph J. Holzer, Il
Morgan Boulevard, New Orleans, La; and
John L. '. Holzer, SOP Canal Street New
Orleans, La; with said Mrs. Magdaleua
! llolzer as President, said Rudolph J. HDlzer
as EIce-President, and said John f. Y. Ho,zer
as Secretary Treasurer. On The third Tues
| day OF March, 1870, and annually thereafter
! ON said day, an election # directors shall
be held at the office OF the Corporation, no.
! uce Of which meeting shall be given by mail
TO each stakeholder by deppsiting the same
| IN the Post once, postage prepaid. address
ed TO his or her last known address as the
same shall appear on the books OF the cor
| porat!on, at least fifteen days prior TO the
date OF such meeting AT all elections
| stakeholder Will be allowed one yo,e for
each share Of stock standing in his name on
| the books OF the company ten days prior to
| such meeting. Failure TO hold the annual
| meeting OF stockholders a failure to elect
| directors thereat shall not operate the for
| fixture OF this charter nor impair the cor
! porate management but the directors and
| officers then in office shall serve until their
successors have been duly elected, qualified
| and installed. Any vacancy IN the Board OF
Directors shall be filled for the unexpired
term by the remaining directors The Board
OF Directors when elected az the annual
meeting shall select from their own number
| the officers of the corporation who shall be
President, a Vice President, and a Sec
| rotary Treasurer
ARTICLE NI.-Ths act of Incorporation
may be changed modified or altered by a
vote OF two-thirds OF the persons owning the
issued capital stock OF tins corporation, AT
meeting convened for that purpose after
notice shall have been given in the manner
and form provided for in Article V OF this
act OF Incorporation, provided, however, that
the objects and purposes for which this cor
pOratOn is organized shall not be changed.
modified altered the capital stock OF
this corporation increased TO an amount ex-
ceeding the maximum herein fixed, ort de-
creased to an amount less than the corpo-
rate Indebtedness, without the consent and
approval OF the stockholders owning three
fourths Of the issued capital stock Of this
corporation.
| ARTICLE NII-Whencver in the iudg
ment Of the Board Of Directors it shall be
deemed advisable that this corporation shall
be dissolved. the Board shall within ten
days after the adoption OF a resolution t.
that effect by 4 majority Of the whole board
at any meeting called Tor that purpose OF
which meeting each director shall have re
ceIved at least three days notice, cause no.
tlCe OF the adoption Of such resolution to be
mailed 10 each StOckholder. together with
| notice Of a meeting OF the stockholders TO be
itll Al tNe once OF the corporation. to act
| upon the resolution - adopted by the Board.
/ HE stockholders meeting shall be held a.
I any hour fixed by the Board on the dav
, mentioned between the hours Of 1000 \ NJ
ana SOD !. NJ Tor the purpose Of voting
! upon such proposed dissolution Whenever
| al If the stockholders shall consent in wit
| ing 20 a dissolution. meeting or notice
/ thereof shall be necessary. And should the
/ corporation he dissolved by limitation or
| otherwise. its affairs shall. be I;qudated BY
/ three hquida,ors. elected by the stockholders
/ from among themselves a a meeting Of the
/ shareholders convened for that purpose unde-
/ The terms and conditions OF Article VII oi
! this Charter. The said Iiquidators snail
! nave full power 10 liquidate and settle Ell
tirely the business and affairs Of the coy.
/ poratiou and to DO and perform any and al
/ acts or things necessary n effect said N4ul
/ dation. In case Of death or disability o!
any one If said HquidatorS the remaining
4 liquidat5rS shall appoint a successor t. him
/ ARTICLE NIII.-No stakeholder Of thi.
| corporation shall ever be held liable NJ re
! >ponsihlc f1- the contracts " faults Of tn,
| corporation in any further sum than the
! unpaid balance due on shares Of stock oa.r.
cd hv him nor shall any informality in or
! gaaizatleu nave the effect Of rendering this
! Cal:tc- null " Ut exposing any stockholde,
! % any liability beyond the unpaid balance
! dus ou his stock, nor shall any iuforualitv
/ ~ irTegnlar.ty in organization have the Ell
tc,' II rendering any shareholder liable As
. a partner.
/ ARTICLE IN.-Thlrty Thousand Dollar.
/ CSDOGoGyJ has been s-Ibs,-ibrJ =, the ran..
tai stock If the corporation a, follows. Ms
! Magdeienr Holzer. whose address i iG55
! Canal Street Neyy Orleans "a ~, L,,,5--I
and fifteen Shares: '' Rnd5n5 I Hai1er
/ whose address Is Il Morgan RouIeva-d NJ.
| Orleans. La. five shares: TSLn F Y
! IIJlzer. whose address is SOP Canal Street
/ New Orleans La. five shares; Lander,
/ Thomas Boyd. whose address is ma Frerct
Street. New Orleans. La. seventv.five shares
/ and this act Of Incorporation shall serye A.
/ Subscriptions are in cash excent the tn,I
/ hundred and fifteen shares subscribed bv
/ Mrs Magdalera Holzcr which i reDresar+eI
/ BY and paid for bv the following n-one-ty
/ which has been duly appraised bv ali the
| signe-s hereto as fully worth The sim, ~
/ CS11 So or, viz. Ore b,,,Jrnd ,,d 80
49, = ,,r,.a,:-.I -: 49, 7.>''