The herald. [volume] (New Orleans, La.) 1905-1953, 1919-01-02
CHARTER

son or by proxy, to one vote for every share
| of stock owned by him. All elections shall
| be held under such rules and regulations as
| may be determined by said Board of Didec-
| tors. Ten days notice in writing, directed
| to the last known address of every stock
| holder shall be given of all elections. Any
failure to elect officers or directors shall NOT
be considered a forfeiture of this charter
Any vacancy occurring in the Board of Dr.
rectors shall be filled by the remaining di.
rectors for the unexpired term. Said Board
OF Directors is vested with the power and
authority to mortgage or pledge the property,
real. personal and mixed, of the corporation
as they may deem fit and proper; to pur.
chase, hold, own. mortgage, pledge, lease and
dispose OF real estate; to execute mortgages
issue notes, bonds and other evidences of
debt, and to borrow and lend money on
same TO and from individuals, firms and cor.
poratons, at such times, for such prices and
upon such terms and conditions as they
may deem advisable; and to make all the
rules, regulations and bylaws for the govern.
ment, control and management Of the bust.
ness and affairs of the corporation and al
ter. amend and change the same at plea
sure. The following stockholders are hereby
declared 10 be the first Board of Directors
OF this corporation, all of whom shall hold
office until the 30th day of December, 1919:
or until their successors shall have been
elected and qualified: Karl Hansen, E.
Bender.
ARTICLE VII-The Officers of this cor.
poration shall be President, Vice President.
Secretary and Treasurer. The offices OF
secretary and treasurer may be combined
into the office of Secretary-Treasurer, and
who need not be stakeholder
ARTICLE VIII.-No stockholder shall
ever be held liable or responsible for the
any further sum than the unpaid balance
due on the shares of stock owned by him.
nor shall any mere informaity or irregular.
ity IN organization ever have the effect of
rendering any stakeholder liable as a part
ARTICLE IX.-This act of incoroora,;on
shall be changed, modified or altered or
TINS corporation shall be dissolved with the
assent OF two-thirds of the stock of the cor.
por ation' present or represented at gem
eraI meeting called for that purpose, after
prior notice in writing to each stockholder.
mailed to him at his last known post office
ADDRESS, in accordance with the terms Of
Act b7 of 1914. At the expiration of this
charter or the earlier dissolution of this
corporation for any cause. its affairs shall
be elected by the stockholders, ali of whom
snaii hold stock in said company, and the
sdid commissioners are hereby vested with
lalI power and authority to liquidate the
aIldrs OF said company in accordance with
the terms OF Act number 267 of 1914
LIZ A. ne appearerS hereby de-
clare that they have subscribed to the num-
Der OF shares opposite their names, and the
signatures thereto shall constitute their orr
glnal subscription to the capital stock of the
corporation.
thus done and passed in my notaria office
IN the City of New Orleans, the day, month
and year herein first written. and in the
presence of Marguerite G. Stein and Ida T.
fosey, competent witnesses, who hereunto
subscribe their names with said appearers and
me- Notary, after due reading of the whole.
Original Signed E. w. Ullrich, rs
shares, Sl2,5O000. 62l North Carrollton Ave:
Karl Hansen, Us shares, l2,500O0 45lO South
Johnson Street; Milton H. Morrill,, / share
$4,000, 2ll North Rendon Street; Carl L.
Bendler. share, $1,000 1915 Apricot Street,
New Orleans, La. Witnesses: NJ b.
Stein, I. T. Posey. MARTIN H. MANloN
Notary Public.
/, the undersigned Recorder Of Mortgages.
in and for the Parish of Orleans State OF
Louisiana, do hereby certify that the above
and foregoing Act of Incorporation OF the
Karl Hansen Co., Inc, was this day duly
recorded in my office in Book l22. folio
594. New Orleans, November %. 1918.
EMILE J. LEONARD, D. K
true copy. MARTIN II. MANloN' No
tary Public.
Dec 5-l2,l9-26; Jan. 20.