The herald., 1920-06-10
CHARTERS.
erson or by written proxy.

in person or by written proxy. A ma
ority of the votes cast saaIl elect.
No stakeholder can ever sell stock OF
this corporation without first offering the
| same in writing to the other stockholders
through the Board of Directors, at par
value, and in the event OF the death OF
stakeholder or of the bankruptcy of
stakeholder, or in the event of the disso-
luton of, or the appointment of re-
ceiver to, a corporation owning stock in
this corporation, or in the event OF the
dissolution of a partnership owning stock
i'll this corporation, the right Is hereby
reserved, to the remaining stockholders
to purchase said stock at its par value.
| ARTICLE Win the event of the Ii
quotation or dissolution of this corpora
ton, the stockholders shall elect three
| liquidatOrS from among their number at
a meeting convened for that purpose.
after fifteen u5) days written notice sent
to each stakeholder by mail 10 his last
known address: sid liquidatOrs shall
have the authority to wind up the bust
| ness and affairs of this corporation. In
case of the death of fquidatOr, the sur
vivors shall appoint stakeholder as
| successor TO him.
| ARTICLE VII.-This Garter may be
| modified changed or altered, or said cor
| Ioratiun may he disSONcd, with the as
| sent of stockholders owning wo-thirdS OF
| the entire capital stock, at Il general meet
ins of the stockholders convened for that
l
| notice shall udVe been given to each stock
holder. mailed to him at his last known
| address.
! ARTICLE VIII.-No subscriber for
| stock shall ever be held liable for the
contracts. faults or debts of said cor
pOration in any further sum than the I'M
| paid balance, if any, due the corporation
| on the stock for which he has subscribed
nor shall any stakeholder ever be held
| liable for such contracts, faults or debts
| in any further sum than the unpaid bal
| ance. if any, on the stock owned by him
nor shall any mere informality i'll orga
niZatiOn have the effect of rendering any
| subscriber or stakeholder liable beyond
the unpaid amount, if any, remaining du,
| on his stock.
ARTICLE IN.-This corporation is or
| gained under the laws of the State %
| Louisiana. and especially Act No. pa %
| 1914. and the subscribers hereto, fol
themselves and said corporation. and 70
it's officers. directors and stockholders
hereby accept, as part of this charter an'
a. conditions of this corporation. all tn
rights. powers, privileges and immuni
ties granted to corporations, and granted
10 and conferred upon Officers, director
and stockholders of corporations by salt
laws and said act; such acceptance beinl
as full, complete and binding as if sal,
rights, powers. privileges and immuni
ties were set forth at full length in thi
instrument.
Thus done and passed in my NOtaria
| Office, in the City of New Orleans afOre
said. in the presence of George IL. Terri
berry, and Thomas Joseph DObbins, com
petent witnesses of law-d: age. and resid
ing in this City. who hereuntO subscribe
their names, together with said partie
and me, Notary, on the day and date Sc
forth in the caption hereo-
/ Witnesses: ThOS. J. Dobbins, l.. +
Jung.
Original Signed Names of subscriber
omitted.
W. W. YOUNG.
Notary Public.
I. tn" undersigned. Recorder of Mort
cages. in and for the Parish of Orleans
State of Louisiana. do hereby certify tina
the above and foregoing act of incorpOra
ton of the Associated Rice Millers o
America, Inc, was this day duly recOrde,
in my office in Book 1916. Folio 81.
| New Orleans. May list. 1920
| (Signed) EMILE J. LEONARD, by. r
| true copy.
| (Signed)
W. W. YOUNG.
Notary Public.
| mi