The herald., 1920-03-25
CHARTER.

| ment of the number of shares of stock
which he agrees 10 take in the corporation
At all elections, every stakeholder shall
be entitled to one vote for each share oil
stock standing in mis- name on the books
of the corporation, to be east in person
or by his written proxy. \ majority OF
the votes east shall elect.
ARTICLE Win the event of the liqui.
datiOn or dissolution OF this corporation
the stockholders shall elect three liqui'
dators from among their number at q
meeting convened for that purpose, after
fifteen 80 days written notice sent tt
each stakeholder by mail to 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 q stakeholder as successor TO him
ARTICLE VII-This charter may b,
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 tn" stockholders convened for that
purpose. after fifteen 15D days written
notice shall have 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 corporation in any
further sum than the unpaid 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 balance. II
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
Canized under the laws Of the State of
Louisiana, aud 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
a. conditions of this corporation, all the
rights. powers, privileges and immunities
granted 10 corporations, and granted 10
and conferred upon officers. directors and
stockholders of corporations by said laws
and said act such acceptance being as
! III. complete and binding ~ if said rights,
powers. privileges and immunitirS were
set forth at fun length in this instru-
ment.
office in the city of New Orleans afOrr-
said, in the presence of George II. Terri
berry and Frazer l.. Rice, competent wit
ncsses of lawful age, and residing in this
city. who hereuntO subscribe their names,
together with said parties and me. No
tHry. on the day and date set forth in the
caption hereof. Original Signed). Names
Of subscribers omitted.
Witnesses:
Geo. II. Terriberry.
Frazer l.. Rice.
W. w. YOUNG.
Notary Public.
I, 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 hook lbs. folio .....
New Orleans, La. February 26th, 1920.
(SignedD EMILE J. LEONARD, by. II.
A true copy.
w. W. YOUNG.
Notary Public.
(Scal)
Mch. 4-Apr 3