The herald. [volume] (New Orleans, La.) 1905-1953, 1919-05-15
CHARTER.


The first Board of Directors shall serve un.
til the election to be held on the third
Tuesday in March, 1920, or until their sue
stalled; said first Board OF Directors with
their post office addresses is as follows
Mrs. Masdalena Holzer, 1922 Canal Street
New Orleans, La; Rudolph J. Holzer, /!
John E. V. Holzer, 1922 Canal Street, New
Orleans, La; with said Mrs Magdalena
Holzer President, said Rudolph J. Holzer
Vice-President, and said John +. V. H3lzer
day of March, 1920, and annually thereafter
on said day, an election OF directors shall
be held at the office OF the Corporation, no
tice of which meeting shall be given by mail
to each stakeholder by depositing the same
in the Post Once, postage prepaid, address
ed to his or her last known address the
same shall appear on the books OF the cor
poration, at least fifteen days prior 10 the
date OF such meeting. AT all elections a
stakeholder will be allowed vote for
each share of stock standing in his name on
the books OF the company ten days prior to
such meeting. Failure 10 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
| success sors have been duly elected, qualified
and installed. Any vacancy in the Board OF
/
| term by the remaining directors. The Board
| of Directors when elected at the annual
| meeting shall select from their own number
| the officers OF the corporation who shall be
| a President, a Vice President, and Sec
| rotary Treasurer,
| ARTICLE NI.-This act of Incorporation
may be changed modified or altered by a
vote of two-thirds of the persons owning the
issued capital stock OF this corporation, at a
meeting convened for that purpose, after
| al lay CIV IN he
| and form provided for IN Article of TIN,
act of Incorporation, provided, however, that
the objects and purposes for which this cor
| poration is organized shall not be changed,
modified or altered the capital stock OF
this corporation increased 10 amount eN-
ceeding the maximum herein fixed, or de-
creased to 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 VII-Whenever in the judg
ment of the Board of Directors it shall he
deemed advisable that this corporation shall
be dissol.ed, the Board shall within ten
that effect by a majority of the whole board
| al any meeting called for that purpose, OF
which meeting each director shall have re
ceived at least three days notice, cause no
tce of the adoption oSsuch resolution to be
mailed - each stakeholder. together with a
notice OF a meeting of the stockholders to be
held at the office OF the corporation. 10 act
upon the resolution adopted by the Board.
The stockholders meeting shall be held Al
any hour fixed by the Board the day
mentioned between the hours OF 1900 A. NJ
and 500 P. NJ. for the purpose of voting
upon such proposed dissolution. Whenever
all Of the stockholders shall consent in writ
ing to a dissolution, meeting or notice
thereof shall be necessary. And should the
corporation be dissolved by limitation or
otherwise its affairs shall be liquidated by
three liquidators, elected by the stockholders
from among themselves at a meeting of the
shareholders convened for that purpose under
the terms and conditions OF Article VII OF
this Charter. The said liquidators shall
have full power TO hquidate and settle en-
!. tirely the business and affairs of the cor
, poration and TO do and perform any and al
. acts things necessary TO effect said lqui
dation. In of death or disability o.
, any one Of said liquidators the remaining
I liquidatOrs shall appoint successor to him
, u ARTICLE NIII.-No stakeholder OF thi
corporation shall ever be held liable re
sponSible for the contracts faults of thi
corporation in any further than thu
unpaid balance due shares of stock own
ed bv him shall any informality in or
ganizaticr have the effect of rendering th
. Charter null or OF exposing any stockholde
{ to any liability beyond the unpaid balanc
du. con his stock, shall any informalit,
{ or irregularity in organization have the eli
feet If rendering any shareholder liable a
I a partner.
ARTICLE IX.-Thlrty Thousand Dollar
(s30,OOOOO) has been subscribed to the CAPT
tai stock of the corporation as follows; Mrs
Magdelena Holzer, whose address is b2
Canal Street. New Orleans, La, two hundre
and fifteen shares: Rudolph ]. Holzer
whose address is IA Morgan Boulevard. New
Orleans, La, five shares; John E.
Holzer. whose address is 1922 Canal Street
New Orleans, La, five shares; Lamber
Thomas Boyd, whose address is Via Frere
= Street. New Orleans, La, seventy-five shares
5 and this act of Incorporation shall serve a
E an original subscription list All OF sal
- subscriptions are in cash except the tw
a hundred and fifteen shares subscribed b,
: Mrs Magdalena Holzer, which is representa-
t by and paid for by the following property
t which has been duly appraised by all tn
{ twenty-one thousand five hundred dollar
0 (S2l 10000. viz: One hundred and sixt,
tons of galvanized iron sheets of variou
I aguges and sizes valued at twenty thousan
eight hundred dollars ts3O,SOOO0, and eigh
i cases 1880 pounds) of zinc valued at seveI
e hundred dollars $4,000 all of which prop
! erty will be forthwith turned over to thi
a corporation.
Thus done and passed in my office. in tn
= City of New Orleans on the day, month ant
1 year herein first above written, in the pres
/: ence Of May A. Keir and Mark NJ Boatner
S competent witnesses who hereunto sign thsi
5 names with said appearers and me, Notary
= after reading of the whole.
n Witnesses: NJ. NJ. Boatner, May A. keir
5 Original Signed Magdaena Holzer. 562
Y Canal ST.. BIS shares; X. J. Hozer, IA Nor
d gan Boulevard, shares; L. T. Boyd, I'll
e Freret St, IS shares; Jno. E. V. Holzer, 362
e Canal ST., shares.
d ANDREW NJ. BUCHANAN.
0 Notary Public.
d /. the undersigned, Recorder of Mortgages
d in and for the Parish of Orleans, State o
= Louisiana, do hereby certify that the abov
+ and foregoing Act of Incorporation of tn
r Orleans Steel Products Co., Inc. was thi
e day duly recorded in my office in Boo
!, l22S Folio -.
$ New Orleans. April 4. 1919.
II (Signed) EMILE ]. LEONARD, by. r.
5 A true copy.
o ANDREW NJ BUCHANAN.
II Notary Public.
j. April 10-May Is.
n AMENDMENT TO CHARTER OF INTER