The herald. [volume] (New Orleans, La.) 1905-1953, 1919-08-21
CHARTERS.


of not less than one year and until
succeeded by n board Of directors WI"
have been duly elected and qnailhcd, pro.
vided that failure to eject nC o.
of directors shall not have the th"''
of diSSolvine this corporation, hut the
board in office shall continue untlI th'lF
successors are elected and assume OIL
fee. likewise the officers elected shall
nontipun 70 hold Office and serve until
their successors are elected ana ASSUME
office.
The board of directors above named
shall have the right to incr"a>" the mum
Der of directors on giving - DAYS H"'I''
of the meeting for said Purp'~'. am"
which directors. II elected Hh4Ii
for the same period as provided Tor me
above board of directors, of ) II elected
bv a majority vote of directors herein
selected to serve or until their success
sors are elected and qualify.
The officers elected by the board OF
directors shall serve for year, or uH
til their successors are duly rlttt'u an"
0ualificd and shall consist oi PT'>i-
dent. vice president and secretary treas
urcr.
The following officers shall serve 1"F
the ensuing wear or until their Sur''~-
sors are elected and qualify: YIN. JohH-
son, presidents Il. y: Loughncy' N''
president; y. j. Clc>i secretary treas
nerer \ majority of votes east at any
meeting of the board of directors sha'i
carry any proposition coming before n,
including the election of oih'rrS' ih'
election of whom shall be held annually
rho hoard being given the right TO com
limo the position of secretary treasurer.
All stockholders meetings. shall be held
ot the domicile of the corporation. board
meetings may be held ont of the state
In the event of Il vacancy i'll III" Once
of director his successor may be elect
ed by the board of directors
Article VI-This corporation may phr-
chase. hold and acquire stock III 3'h'F
corporations. and the capltal Nlo'h VI
mis- CORPORATION may be issued Tor thr
r.pital stock of other corporations. with
>urh restrictions as provided by law II
NAV issue bonds, certificates OF lndtbl-
cdncSS and other evidence of Indebtedness
and float, sell, pledge, or cucumber the
same. rs may be determined by the Doard
of directors.
Article VII-ThiS charter may b"
amended. changed or altered by vote
of two-thirds of all of its stock. present
or presented by written proxy ana
whenever the board of directors Shau
deem it advisable that the corporation
should be dissolved, it shall, WITHIN zen
DAYS after the adoption of a resolution
to that effect by majority OF the WM'r
board, at any meeting called for that
purpose. of which meeting cach dir''-
TOR shall have received three days no
said resolution to be mailed to each
stakeholder, together with nOtct Oh
the meeting of stockholders to be htld
at the office of the corporation TO taN1
action upon the resolution so auoPleu
by the bard of directors. The meeting
shall be held at any hour fixed by the
said board between 10 a. III. ana . p. H.
On the day so appointed, the lhe'tlhN
NAV by consent of the majority III IN
tereSt of the stockholders present, DE
any such meeting, original or ADJOURNED
two thirds in interest of all the stoch'
holders of the corporation vote thit
dissolution take place, certified copy
of Such resolution signed by the pre-
siding officer and secretary of the meet
ing shall be filed in the Ofhce OF the
Secretary of State, together with h.t
of the names and residences OF the W
rectCrs and officers, certified to by the
president and secretary of the corpora
ton and if the Secretary OF state be
satisfied Herewith and shall issue Il Ger
tificate of proper compliance herewith
the corporation shall stahd ulsSoNef' ana
the board shall publish notice OF sara
dissolution not less than three times Ill
a paper published in the Parish OF VI
leans, and the corporation shall procecu
to wind up and adjust its aHairS' pro
yided that whenever all stockholders con-
sent in writing to dissolution, no meet
ing shall be necessary, but on ming Such
consent in the office of the secretary Vi
State, and the Secretary OF state ISSUES
his certificate to that effect, the cOrpor-
alton shall kind up its affairs in the
same manner as if voted upon as here
inbefore provided.
Upon the dissolution of this corpora
tion. the stockholders shall elect from
their number two liquidators, VINO shall
furnish bond if required by 70 per cent
settle the corporations affairs, collect
the Outstanding debts, sell and convey
the property, pay its debts ana ClNlue
the remainder, if any, among the stoGk
holders. They may meet ana act uhuei
the bylaws of the corporation and I'M
der regulations to be made by them;
they shall have the right power and au-
thOrity to sue for and recover the uep'S
and property of the corporation IN tne
name of the corporation, and may De
sued nv the same name and citation may
be served upon any one of them, anu
they shall be liable in solldo 10 any
creditors or stockholders for moneys Oh
the corporation coming into their hahuS'
Said Hquidators may be compelled to
qualify as judicial hquidators upon ap-
nlication to the court of any creditor OF
stockholder, and liquidate its affairs I'M
der orders of court.
Article VIII-No stakeholder of TINS
CORPORATION shall ever be liable or respoh-
sible for the contracts, faults or deptS
of the corporation or any OF us uITec
OtHCprS, nor Sndll any lhlOi
in organization have the effect of rem
dering this charter null, or of exposing
the stockholder to any liability, beyond
the unpaid balance due on shares owned
by them.
Article IX-The subscribers hereto de-
clare that they have subscribed to the
following number of shares of the CAPT
tai stock of this corporation appearing
opposite their respective names hereto
subscribed.
Thus done and passed in my nOtarlal
office in the City of New orleans l'a'
on the day. month and year first above
written in the presence of Daniel Nehd-
ling and Ii. Brown, competent witnesses,
who have signed these present Win salu
appearcrS, to gethcr with me, notary
after due reading of the whole
Names of subscribers omitted.
Ethelred NJ. Stafford, Notary Public.
true copy from the original: Ethel
red NJ Stafford, Notary Public.
l. the undersigned, Recorder of Mort
cages in and for the parish OF orleans
State of Louisiana do hereby certli!
that the act of incorporation or the MO
ton Picture Advertising, Inc, was inns
day duly recorded in my office in Dooh
122S, folio 773.
New Orleans, July 80, 1919.
(Signed) Emile j. Leonard, by. Rec'
Aug7- Sept11
AMENDMENT TO CHARTER OF ToYE
BROTHERS AUTO & TAXICAB