The herald., 1920-09-23

ARTICLE V.-The business and affair,
Of this corporation shall be- managed and
conducted 10y Board of Directors CON
siSting Of three stockholders Jargr,S
MosSiyr Samuel Muscoyitz aud Mr.. Eyc.
lEn VI. MOn>ltr, all Of New Orleans shall
constitute the first BOARD OF directors.
They shall hold office until the SECOND
Monday in August. 1921. or until their
successors shall be elected and qUaliIi. q
bn the second Monday in August. 1927
and annually thereafter. an election for
Directors shall be held at thc office OF
the corporation. after notices shall HAY,
been given 10 all toykhold-r- by mail az
least ten days prior thereto. Vt all
elections stockholders shall he allowed
on" vote for each share of stock Staudiul,
in his name on the books of the company.
In case Of vacancy on the Board OF hi
rcctOrs or Officers. il shall be filled by
the remaining Directors from among the
stockholders. for the remainder of the
term OF the Director or officer who's
vacancy is 50 filled
ARTICLE VI.-The officers Of this
corporation shall consist Of President
Secretary and Treasurer. The Board of
Directors may. in its discretion. create,
the office of Vice President The offices
of Secretary and Treasurer NAV be held
by the same person. Until the second
Monday Of August 1921, or until their
successors are elected. Mr. Jacques Moss
Ter shall he President and Mr. Samuel
MOscONitZ shall D" Secretary and Treas
urer On the second Monday i'm August
1921. Immediately after the election of
Directors. and annually thereafter. the
Board Of Directors elected NJ such annual
meeting shall select from their own
member the President and Secretary and
Treasurer.
ARTICLE VII.-TwO members Of the
Board of Directors shall constitute
quorum for the transaction of all bust
ness. Said Board may adopt a code of
bylaws and amend or change the same
at their discretion.
ARTICLE NIn.-Thls charter NAV be
amended in all particulars a. provided
by law, and the corporation may be dis
solved by complying with the legal Dro-
visions on that subject. In the event Of
a voluntary liquidation. the stockholders
shall select from their number two LIQUID
atorS. who shall be vested with full
power TO settled its affairs by the sale
Of its assets and payment of its obIiga-
tons.
ARTICLE IX-No stakeholder shall he
heId liable for the contracts or faults of
the corporation or Of its Officers or
agents beyond any unpaid balance that !
may be due by him on his stock sub !
Seription; nor shall any mere informally |
IN TINS act render this charter void or |
expose the stockholders to any personal |
liability beyond the amount of his stock |
Thus done and passed in my office at |
above written. in presence of II. Ada |
Brand and W. l.. GuiOn, competent wit |
nesSes. who hereuntO sign with said ap-
bearers and me, Notary, after due read |
ing.
(Signed) II. Ada Braud. W. Il. Guion.
tSigned) Jacques MOssler 70 shares
Samuel NJ. MOscOvtz, shares: EVELYN
May MOssler. | share
(Signedl ALIENS BRIAN
NOTARY PUBLIC |
The foregoing act was this day record
ID in the Mortgage Office Of the Parish
Of Orleans, in Book No 1916, folio -
New Orleans. August 18th. 1920
(Signed) Emile J. Leonard.
Deputy Recorder |
4 true copy of the original
ALIENS BRIAN
NOTARY PUBLIC |
New Orleans. August r. 1920
Aug. 10 Sent % |