The herald. [volume] (New Orleans, La.) 1905-1953, 1919-11-13
CHARTER.

shall hold their Offices until the first Mon
day in February, 1921. All such elections
shall be held by ballot and conducted at
the office of the said corporation. under
the supervision of three 90 commissioners
TO be appointed 10y the Board Of Directors.
Notice of such election shall be given by
the Secretary of the company by written
notice thereof delivered personally or 10y
depositing same in the poStOffc". properly
addressed, TO each stakeholder at least
fifteen (lJD days preceding such elections.
At all such elections and ut all corporate
meetings every stakeholder shall Ice en-
titled to one vote for each share of stock
standing in his name on the books of the
corporation. to be east in person or 10y
his written proxy, and a majority of the
votes east shall elect. Any vacancy occur
ring among the directors by death. resi- =
nation or otherwise, shall be- filled 10y eler-
tiOn for the remainder of the term by the
remaining directors. \ failure to elect di-
rcctors on the date above specified shall
not dissolve the corporation nor impair
It's corporate management, but the direc-
tors then in Office shall remain in Office
until their successors are elected and
qualified. The Board OF Directors shall
elect from their own number President
and Il Vice President. They shall also
elect IA Secretary and Treasurer, or one
person who shall he both. either of whom
may or may not be members of the Board.
They shall have power and authority.
from time to time to name and appoint
all such officers. agents or Other ON
plOyeS as may be deemed necessary for
the purpose and business of the corpora
ton. They shall have power to fix the
compensation and define the duties of
every officer and employc. and all officers
and employees shall hold office and em-
ployment at the pleasure of the Board.
The Board may make and establish. as
well as alter and amend, any and all by
laws. rules and regulations necessary and
proper, in its judgment for the conduct.
support and management of the business
and affairs of said corporation. At all
meetings of the Board of Directors each
director shall have the right to appoint u
proxy to act in his place and stead The
BOARD shall have fun power and author
.lty to borrow money, to execute mort
cages and to create liens: to issue bonds
notes and other obligations, and generally
to do all things reasonable, convenient
and necessary for the proper carrying on
of the business of the corporation. The
Board may issue full paid shares of stock
for cash or in payment of labor done or
property actually received by said cOrpor-
alton.
ARTICLE VI.-Whenever this corpora
ton may be dissolved. either by limitation
or from other cause. its oftairS shall be
1iquidated by three CD commissioners. 10
be appointed from amongst the Stockhold-
erS at general meeting of the stock
holders convened for such purpose. Of
which meeting notice shall be given in
the manner and time provided for stock
holders meetings by Article VII of this
Charter, and tWO-thirdS (2-3 in amount
of the capital stock of said company shall
be requisite to elect. Said commissioners
shall remain in office until the affairs of
said corporation shall have been fully
liquidated. In case of death of one or
more of said commissioners the vacancy
shall be filled by the surviving commits
sioners.
ARTICLE VII-This Act of Incorpora
ton may be modified, changed or altered.
or this corporation may be dissolved. or
the capital stock may be altered, in ac-
cordance with law, at a meeting of stock
holders called for the purpose. after no.
tice shall have been given by written
notice to each stockholder. delivered to
him personally or mailed to him at the
pOstoffice address designated by him in
writing ut least fifteen Q5) days prior to
the date of meeting.
ARTICLE VIII-No stakeholder shall
ever be held liable or responsible for the
contracts. faults or debts of said corpora
ton in any further sum than the unpaid
balance due the corporation on shares OF
stock owned by him. nor shall any mere
informally in organization have the effect
of rendering this charter null or of eX.
posing Il stakeholder to any liability be.
yond the unpaid amount remaining due on
his stock.
ARTICLE IX.-Peter Hamilton, of New
Orleans, La; Harry W. Stansbury, OF
New Orleans, La; J. l.. Bowling, of New
Orleans La, and NJ. L. Stiles, of New Or
leans, La, have been chosen and selected
as the first Board of Directors of this cor
as President. Harry W. Stansbury, as
Vice President, Albert II. DePass as
Treasurer, and J. l.. Bowling Secretary
to serve as such until the first Monday in
February, 1921, or until their successors
shall have been elected and qualified. The
subscribers to the capital stock of said
corporation and their respective addresses
are: Albert n. DePass, New Orleans, La.
60 shares; Harry w. Stansbury, New Or
leans. La, so shares Peter Hamilton, New
Orleans, La, 10 shares: j. l.. Bowling
New Orleans. La, 20 shares NJ. F.. Stiles
New Orleans, La. 10 shares: Duggan Inc.
New Orleans, La, so shares.
Thus done and passed at my office in
the City of New Orleans, on the day
month and year herein first above writ
ten, in the presence of Abraham Goldberg
and Eugene Thorpe. competent witnesses
who have hereunto signed their names to-
gether with the said appearers and me
Notary. after due reading of the whole.
Peter Hamilton, 10 shares. 100000, New
Orleans, La.
Albert Fl. DePass, so shares, $4,000. 90
New Orleans, La.
J. l.. Bowling. 20 shares, $2,0OO.OO New
H. W. stansbury. go shares. $6,OOo.OO
New Orleans, La.
NJ. +. stiles, 10 shares, 100000. New
Orleans, La.
Duggan Inc, Peter Hamilton, Manager
and Vice President, New Orleans, La. 81
shares, $5,OO0O0.
Witnesses:
Abraham Goldberg.
| Eugene Thorpe.
| (SeaD SCOTT f. BEER.
| Notary Public
/, the undersigned, Recorder of Mort
cages in and for the Parish of Orleans
| tate of Louisiana hereby certify that tn,
Act of Incorporation Of 666 Tire and Vul
caniZing Co, Inc, was this day duly re
| corded in my office in Book 1921, folio &.
! New Orleans, La. November 1ith 1919
| (Signed) EMILE J. LEONARD.
| by. r.
| A true copy.
| (Seal) SCOTT Il. BEER,
Notary Public
New Orleans, La, November 18th, 1919
| Nov. 13-Dec. Is.