The herald. [volume] (New Orleans, La.) 1905-1953, 1920-03-04
CHARTER.

ment Of the number of shares of stock
which he agrees to take in the corporation.
At all elections, every stakeholder shall
be entitled to one vote for each share OF
stock standing in mis- name on the books
of the corporation, TO be cast in person
or by his written proxy. majority OF
the votes cast shall elect.
ARTICLE Win tie event Of the liqui-
datiOn or dissolution OF this corporation,
the stockholders shall elect three liqui-
datOrS from among their nu0 Der at a
meeting convened for that purpose, after
fifteen G5) days written notice sent to
each stOCkholder by mail 10 his last known
address; said liquidatOrs shall have the
authority TO wind up the business and
affairs of this corporation. In case of the
death of a liquidatOr, the survivors shall
appoint a stakeholder as successor TO him.
ARTICLE VII.-This charter may be
modified, changed or altered, or said cor
poration may be dissolved with the as
sent Of stockholders owning twO-thirds of
the entire capital stock, at a general meet
ing of the stockholders convened for that
purpose, after fifteen 90 days written
notice shall have been given to each stock
holder, mailed to him ut his last known
address.
ARTICLE VIII-NO subscriber for stock
shall ever be held liable for the contracts,
faults or debts of said corporation in any
further sum than the unpaid balance, If
any, due the corporation on the stock
for which be has subscribed: nor shall
any stakeholder ever be held liable for
such contracts, faults or debts in any
further sum than the unpaid balance, il
any, on the stock owned by him: nor shall
any mere informality in organization have
the effect of rendering this charter null
or rendering any subscriber or stock
holder liable beyond the unpaid amount,
If any, remaining due on his stock.
ARTICLE IX.-This corporation is or
ganized under the laws of the State Of
Louisiana, and especially Act No. 267 of
1914, and the subscribers hereto, for
themselves and said corporation, and for
its officers, directors and stockholders,
hereby accept, as part of this charter and
as conditions of dhis corporation, all the
rights, powers, privileges and immunities
granted to corporations, and granted to
and conferred upon officers, directors and
stockholders of corporations by said laws
and said act; such acceptance being as
full, complete and binding as if said rights,
powers, privileges and immunities were
set forth at full length in this instru-
ment
Thus done and passed in my notarial
office in the city of New Orleans atOrc-
said, in the presence of George II. Terri
berry and Frazer l.. Rice, competent wit
nesses of lawful age, and residing in this
city, who hereuntO subscribe their names
together with said parties and me, No
tary, on the day and date set forth in the
caption hereof. Original Signed). Names
of subscribers omitted.
Witnesses:
Geo. II. Tcrriberry.
Frazer l.. Rice.
W. w. YOUNG.
Notary Public.
l. the undersigned, Recorder of Mort
cages. in and for the parish of Orleans.
state of Louisiana. do hereby certify that
the above and foregoing charter of South
ern StevedOring Company. Incorporated
was this day duly recorded in my office,
in book 23S. folio $500.
New Orleans. La, February Goth, 1920.
(Signed) EMILE J. LEONARD, by. X.
A true copy. -
W. W. YOUNG.
Notary Public.
(Seal)
Mich. I-Apr.