The herald. [volume] (New Orleans, La.) 1905-1953, 1920-04-22
CHARTER.

| of,er becoming. n stockholder in this cor
pOration, all of whom take snch STOCK
| subject 70 the provisions hereof; and all
| pledges hypathecations or other lncum-
| brances of said stock, or dealings with re-
| gard thereto. shall be subject to the pro-
| visions hereof.
| ARTICLE VI-Ar the powers of this
| CORPORATION shall be vested In ana eN-
| ercised by a Board Of three directors
| which shall be elected annually NJ meet
! ing TO be held on the first Monday In
| March of each year Tor the next succeed
| ing legal day should that De hOldaI),
| after notice given to each stockholdcr by
| mail ut least fifteen days before the dHte
| of the meeting. Special meetings or the
| stockholders may be called by the Board
AZ any time, and notice Thereon shal De
| given in the manner provided as 10 an
| nual meetings; provided, that in all cases,
| all notices may he waived by unanimous
| consent. Each holder OF stock snail be
| entitled to one vote for e2ch snare OF
| stock standing in his name on the Doors
| of the corporation, said vote 10 Ne east III
| person or by proxy. and the majority OF
| votes cast shall elect. The Board OF III
| rrctors shall have the power to fill all va
| cancieS which may occur or IN any man
| ner arise or be created on the Board even
though no quorum remain IT the time Such
| vacancies are to he filed. Failure to elect
| directors on the day above specified snail
| not dissolve the corporation. but the 1irec-
| tors then in office shall remain IN Otn;e
| until their successors are elected and quail
| fled The Board shall elect from their
| number President Secretary ard Vice
| President Treasurer; provided tEat tbe
| Board may elect such other officers lwho
| need not be members of the Board or
| stOckholders) as they think proper or con
venient for the carrying on of the com
| pany'S business, and may combine any
| offices or dispense with the same. and they
and employees AtSany meeting of the
Board of Direclr.s. any director absent
1 Tod NV
| any other director who may east the
! vote of the absent director according TO
| the written instructions. either general or
special. of said ahkent director. The Board
| Of Directors Shalhhave authority to make
| and establish. as well as alter and amend.
| all bylaws. rules and regulations neces-
| Sry and proper for the support and man
| agement of the business and affairs OF inns
| cOrpOratiOn and not Inconsistent with this
| charter: and they shall have power to
| authorize the borrowing of money and
| the issuance of notes and the execution or
| pledges. and generally to do all things
| necessary or convenient for the proper car
| rying on of the business of the corpor-
| alton. Until general meeting OF the
| stockholders for election of directors to he
| held in 1921. or until their duly quallhed
| successors are elected and installed. the
| BOARD of Directors shall he composed of
the following: Leopold Feibleman. post
| office address. 500 Canal ST.. New Orleans;
Max Feibleman. 500 Canal St. New Or
leans: Harry Phillips, 500 Canal st, New
Orleans.
OF these. Leopold Feibleman shall he
| President and Secretary. and Max FEEBLE
man shall be Vice President and Treasurer
| ARTICLE VI-This act OF incorporation
NAV he changed. modified or amended, or
the corporation dissolved. by vote OF two
thirds of the entire capital stock present
| or represented at general meeting or the
| stockholders convened for such purpose,
| aft M =
| in the manner above required To be given
at the annual meeting of the corporation.
| ARTICLE Wifi this corporation shall
| be dissolved. either bv limit alton or from
any other cause, its affairs shall be liqui-
dated by two commissioners 70 be Hp-
pointed at the meeting of stockholders con-
vened for the purpose of liquidation. and
| to be elected by the vote of all the stock
holders voting upon parity. SAID hqul-
| datOrs shall remain in office until the az
fairs of the corporation shall have been
| fully settled and liquidated. and they shall
have full power and authority to transfer
and give title to all the property and
assets of the corporation aud TO Distribute
the proceeds. In case Of death. disabil-
ity or resignation of ore hquidator. the
vacancy shall be filed by the survivor.
ARTICLE vIII.-No stakeholder shall
| ever be held liable or responsible for the
| contracts or faults of said corporation in
any further sum than the unpaid balance
| Que on Inc SHARES OF SICch OWHtu ny
nor shall any mere infornaliTy in organi-
| zatiOn have the effect of rendering this
Charte D ll or Of exposing any stakeholder
| 70 any liability beyond the unpaid nHI-
ance due on his stock. In order thai this
| charter may serve rs the original sub
| scription list, the subscribers hereto have
indicated opposite their respective sigma
lures the number of shares of stock sub
! scribed for by each of them. There is an
| neyed hereto, TO he read In connection
herewith. an accurate. detailed and Item
iZad description of the property conveyed
to this corporation in payment OF the sub
scriptiOns to its entire capitol stock of One
| Million Isl. 900. cocoon Dollars. the said
| property consisting of the entire assets
| aud liabilities of the mercantile firm and
partnership of l.. Feibleman & Co. 800
| Canal Street New Orleans. Louisiana, as
of January 31st, 1920. the same being more
fully shown also by the books of said H..
| Feibleman & Co. on file of record at 800
Canal Street, New Orleans, Louisiana.
which are incorporated herein by refer
fence. Thus done and passed at my notarial
office in the City of New Orleans State
of Louisiana, on the day, month and year
first hereinabove written, in the presence
| of Monte NJ. Lemaun and Norma wilkins,
competent witnesses. who have hereunto
subscribed their names together with me-,
Notary. and the said appearers, after due
reading OF the whole.
omitted.
witnesses: Monte NJ. Lemann and
Norma wilkins. Watts X. Leverich.
| Not. Pub.
| J. the undersigned, Recorder of Mort
I cages. in and for the parish of Orleans,
state of Louisiana, do hereby certify that
the Act of Incorporation of the l.. Feible-
man & Co. Inc. was this day recorded in
my office, in Book 1885, Folio -, New
|