The herald., 1919-07-31
CHARTER.

ARTICLE IV.-The capital stock of this
corporation shall be Thirty Thousand Dollars
($30,000.0O, to be divided into and represent
ed by Three Hundred 5000 shares of the par
value of One Hundred Dollars $4,000 each,
which shall all be common stock, fully paid
and worcestershire. No stakeholder shall
sell or otherwise dispose of his stock with
out first offering it to the stockholders,
through the Board of Directors, at its book
value, in writing. and the stockholders shall
have five days within which to accept or
reject it. This corporation shall become a
! going concern when fifteen thousand dollars
($l5. 10000 of its stock shall have been sub
scribed and paid for, either in cash or its
equivalent, as allowed by law.
ARTICLE Vail the corporate powers of
| this corporation shall be vested in and ex-
ercised by Board of Directors to be COM
posed OF four stockholders, three of whom
shall constitutee a quorum; each member of
said Board shall own at least one % 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
w. Fitzpatrick of No. 1876 Robert Street,
New Orleans; Louis N. Till, No. 1909 Peters
Avenue, New Orleans; William H. Fitzpat-
rick, No, 1917 Peters Avenue, New Orleans,
4 C,
New Orleans, of which Harry w. Fitzpat-
rick, shall be President; Louis N. Till, First
lVicePresident, William H. Fitzpatrick, Sec
ond vice president, and Hugh S. Till, Secre.
will 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,
either in whole or in part; to purchase
for 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 modified or the corporation may
| be dissolved at any time by complying witt
the requirements of said Act 267 of 1914.
ARTICLE VII.-The appearers have sub
scribed to the number of shares set opposit,
their respective names, and their signature!
hereto shall constitute the original subscrip
ton list to the capital stock of this corpora
ton.
Thus done and passed. at my office in tn,
! City of New Orleans, State of Louisiana, thu
day, month and year first above written, il
the presence of Louis A. Ducros and Num-
J E. Bertel, competent witnesses, residing ii
! this city, who have hereunto signed thei
names with appearers and me, Notary, afte
due reading of the whole.
/
Original Signed Harry w. Fitzpatrick
one hundred and forty-nine shares; Louis
Till, by Hugh S. Till, one share; VIM. II
; Fitzpatrick, one share; Hugh S. Till, on
, hundred and forty-nine shares.
II HENRY L. SARPY,
{ Notary Public.
I, the undersigned, Recorder of Mortgage:
I for the Parish of Orleans, State OF Louisiana
a do hereby certify that the act of Incorpors
o ton of Fitzpatrick & Till uction Compan,
Incorporated" was this day filed for recor
and recorded in my office in Book 1928, Foil
e New Orleans, La, July 14th, 1919.
d 1, the undersigned, Notary, hereby certif
! that the foregoing is true and faithful cop
{ of the original act of Incorporation of "Fiti
d patrick & Till Auction Company, Incorpt
y rated" of record in my office, together wit
i the certificate of recordation of the Recordt
$ of mortgages for the Parish of Orleans.
: In Faith Whereof, / have hereunto set m
: hand and have affixed the impress of m
y official seal, this fourteenth Q4th) day
y July, 1919
n HENRY L. SARPY,
e Notary Public
). July H-Aug. 81.