The herald. [volume] (New Orleans, La.) 1905-1953, 1920-03-25
CHARTER.

a President. Vice President, a Secretary
and a Treasurer. The tirSt officers OF
this corporation. who shall hold Office
until the second Monday in March, 1921,
or until their successors shall have been
elected and qualified, shall he: Peter
Jung. Sr.. President; EldOn =. Lazarus.
Vice President: Meyer Eiseman, Secretary
Alexander krauSS, Treasurer.
ARTICLE EII.-This Charter or Act of
Incarceration may he changed. modified,
altered or amended by and with the con
sent of two-thirdS of all Of the OutStand-
ing stock at any meeting. general or Npe-
cial called for that purpose, subject TO
such limitation as may be provided by
law. This corporation shall have the
right to increase or decrease its capital
stock. as hcrcinahOve set out. and any in
crease of the capital stock to an amount
exceeding that named in Article " as the
amount TO which the capital stock may
be increased. may be made by a three
fourthS vote of all the outstanding stock.
ARTICLE VIII.-NOtice of any and all
me, tingS referred to in this Charter or
required by law, shall be given in the
manner provided for the giving of no
tiCeS in case of election, unless the SAM"
shall have been waived.
ARTICLE IX.-In case OF the liquida-
ton, dissolution or termination of this
Charter, by limitation or otherwise. the
affairs of this corporation shall be lipul-
dated by one or more liQuidatOrS elected
by the stockholders. who may provide the
number of such liquidatOrS, and who may
vest them with such power and authority
as may by law be permitted. and who
shall fix the terms and conditions upon
which they shall serve, as well as their
compen sation. and who may provide that
in case of the disability of any one OF
| said liquidatOrS Gf there are more than
| oneD ;he remaining liquidatorS may Ill
| the vacancy or continue to act on behalf
| of the corporation.
| ARTICLE Mo stakeholder of thi,
| corporation shsll be liable or responsible,
| for any acts. liabilities. contracts. d"bt'
| or faults of this corporation, or Of any %
| its stockholders, nor shall any mere in
! fOrmality in its organization have the cf
! feet of rendering this Charter null or o
| exposing stakeholder to any liabilit.
beyond the unpaid balance due on tn
! stock held by him.
| ARTICLE XI-The subscribers heret
have written opposite their reSpectiv
names the number of shares subscribe
to by them and their pOstoffice addresses
so that this Charter may serve as the sub
scription list of the corporation.
| Thus done ana passed at nay Office !
the City of New Orleans, on tn" day
month and year herein first abov" writ
ten, in the presence "f Herbert =. We
and George W. SimOnS. competent wit
| ncsScS, who have heTe1TtO signed thci
| names with the said appearers and M
Notary, after due reading az tn" whole.
Original signedD (NaIGes of subscrit
. Witnesses: Herbert 5. We'll. Geo "
SimOnS
l. the undersigned Recorder of Nor
cages in and for the Par iSh of Orlean
State Of Louisiana, do hereby certify TIL
the above and foregoing act of incorpol
alton of the Canal Investment Compan.
! Inc, was this day duly recorded in m
office in Book 1898. Folio ..... New Or
, leans. La. March -, 1920.
= EMILE J. LEONARD, by. Rec.
true copy.
: CSeaiJ ELDON S. LAZARUS, Not. Pu,
Mch. 1S-Apr. %.