The herald., 1920-10-07

! discount ..'....'.....,........-...$ 81 10000
! Each OF the other subscribers To fully
| paid stock OF this corporation. have placed
! a statement OF the number of shares ne
| has subscribed to ana paid for in iuH At
! these presents.
! ARTICLE N.-Thr capital sto"A of this
corporation may be Increased - the sum
| OF nifty thousand dollars. All corporal"
powers of this corporation shall be cN"r-
| DI>rd by Il BOARD OF Directors consisting
| of not less than three nor more than Sin
| stor kholdcrS, Three of whom present or
represented 10y proxy shall constitute
quorum To transact the business of this
| corporation. Tn" Board of Directors shall
! elect annually from their number, prr>l.
dent aud % Secretary Treasurer. said "lrc-
tiou shall br held on the last Monday of
| the month of September in each year, and
| no Stu,khOld,r shall bc eligible as dIryr-
| tor unless he owns in his own name, fun
paid and uuplydGrd. one Shar" of the CAPT
| tai stock OF this corporation. and each
| share Of stock shall be entitled to Not"
| which vote may be cast by the stakeholder
! ARTICLE NI.-The charter Of this cor
| pOratlun may be amended ut a meeting Of
! the stockholders called for that purpose,
/ 10y vote of two thirds of all its stock.
| hut a change of objects and purposes a
| herein fixed. shall not Ice made without
| VOt" Of all the stock heretofore issued.
| nor shall any increase III capital stock III
| excess of the amount named in TINS chart
| II. be- made without three fourth> yOt" Of
| all its outstanding stock The Board of
! directors may call Il meeting of the stock
! holders when deemed necessary, but cN-
! c,pt as to adjourned meetings of the stock
holders. notice OF all meetings shall BE-
| delivered or addressed to each stakeholder
| fifteen days before holding such meeting.
| and list of stockholders entitled TO vote
| shall he opened 10 Inspection by the stock
! holders two days before any meeting. The
| stockholders shall have the right OF cumu-
| latiy" voting al all election of officers or
! directors.
ARTICLE VII.-No stakeholder of this
| corporation shall ever lee held liable or
| responsible for the contracts or faults
| OF this corporation nor shall any m"r"
| informally in organization have the effect
| of rendering this charter null or exposing
| any subscriber to this charter or any other
! stakeholder L. any liability beyond that
| which the Law imposes under Act 26I of
| 1914. under which Act this corporation l.
organized. and the subscribers hereto for
! themselves and for this corporation aud
| directors. officers and stockholders. here
| by accept and make part of this charter,
| all rights. powers, privileges and immunl-
ties granted to corporations and their Off
GERS 10y the said law, though the same
wer" set out at large herein. Th< liquida-
tion of dissolution of this corporation, If
| any. shall be governed by the provisions of
! said Act Pa of 1914.
| ARTICLE VIII.-The subscribers here
| to have respectively written opposite their
| names the amount Of the capital stock sub
!
| for which they have Severally paid for in
| ready and current money, 50 that this act
| of Incorporation serves is the original
subscription list of this corporation, and
| they have set forth their post office ad
dress.
| ARTICLE IN.-Until the election to
Ice held as hereinafter provided, the follow
| ing shall constitut" the first Board of
Directors. who shall hold office until their
| successors shall have been duly elected and
qualified namely: Leon BeSSerat 2U3
| bourbon Street, New Orleans Jules Lee
| Bon. 1909 Gov. Nichols st, New Orleans;
| Ulysses Laurent. 2IUi Gen. PerShing st.
New Orleans; Alice Lowe. 27O4 Gen. Perish
! ing ST. New Orleans; Joseph Settler, 2llj
| Banks street. New Orleans Mrs. Adeline
/ Sans Bcs>erat. 2O3 Bourbon St, with Leon
! ;rsSerat. aS President and jules lie Bon as
| Secretary Treasurer.
Thus done and passed, at the City of
New Orleans. on the day, month and year
! herein first above written, in the presence
of Messrs. VIM. Il. ker and X. V. Richard,
| competent witnesses, who have hereuntO
| signed their names with the said appear
erS and me, notary. after due reading of
| the whole.
SIDNEY +. GAUTIER,
Notary Public.
! Witnesses: VIM. II. Ker X. V. Richard.
| (SignedJ. Leon BesSerat Subscribes TO
! G4OJ shares j. +. lie Bon. Subscribes t.
| ca shares; Ulysses Lowe, subScribes TO CD
! share; Alice Lowe, SubscribeS to Cd share,
j. l.. Seithcr. SubsCribeS to (D share:
Adeline Sans BesSerat, subscribes to %
| share
| |. the undersigned Recorder of Mortgages
| in and for the parish of Orleans, State OF
! Louisiana, do hereby certify that the above
| and foregoing Act of Incorporation, of the
BeSSerat Robes Incorporated. was this day
| duly recorded in my Office, in Book 1916,
/ Folio
New Orleans, September 2S. 1920.
EMILE J. LEONARD, by. r.
\ true copy.
SIDNEY +. GAUTIER,
| (SeaD Notary Public
ACT OF INCORPORATION OF AR