The herald., 1920-04-29
CHARTER

process shall be served upon the Prssi-
dent of this corporation, or, in ease of his
absence, upon the Vice President, or. in
case OF the absence of both of these Off
GERS, upon the Secretary thereof.
ARTICLE III.-The objects and pur-
poses for which this corporation il eStab-
lished and the nature of the business to
he carried on by il are declared TO he to
buy and sell the Grant Quick lee Machine ::
TO install machinery in refTgerating
plants; to take agencies for the sale of
ice machinery; to acquire rights to pat
entS and the right TO manufacture such
machines and generally To do everything
needtul and necessary: to buy. sell and
market the Grant Quick Ice Machine and
other machines of similar character aud
10 DO all things in connection with the
sal" ana puTcha>" of such machines.
ARTICLE IN.-Thc capital stock Of this
corporation shall be- five thousand dollars
divided into fifty too shares Of the par
value Of one hundred (SluOOOl dollars
each. and may lee increased 10 the sum
OF twenty-five" thousand ($2I 100000 dol
lars, divided into two hundred fifty (2jOl
shares OF the par yaiu" Of Oh" hundred
(Slou.OuD dollars each, and this cOrporatinu
l. 10 hc goiu" concern when onc-haIr of
I'll" capital stock has been subscribed and
half of which subscription has been
paid for. Each Shar" of said stock shall
u" entitled [" one ~ vote. either in per
son or 10y proxy. al all general elections
or meetings of tn" stockholders.
ARTICLE '. No stakeholder shall ever
b" held liable or responsible. for the in
d"bt"du"S>. faults or defaults of this cor
ia ia" organization uf the corporation
hav" the effect Of rendering the charter
ndIl or 81 exposing the stockholders to
any liability hryund the uppJiJ balance
II amy. on their subscriptions
ARTICLE VI This CORPORATION shall
haN" all powers granted 10 such corpora
lions 10y law and shall have the power to
contract 81" and h" sued in it, corporate
anne. and to own. hold. receive. loan. lease.
purchase. sell and convey or mort gage any
aud all oi il effects, or To hNpothUcatc it,
property and 10 do ANY and all acts aud
lhlHG> OF any Kind. uaiur" or description.
a. may Ice necessary To carry out the oil
lc'l> ano purposes at ~aIG business ~ it,
Interests and vonNcnirucr> may require
ARTICLE NII.-Th" business of thi>
corporation shall h" directed 10y aud vest
ed ia Il Board al Directors of three mem
brr>. TWO of whom shall constitute :,
quorum for the transaction of business.
aud the said Board of Directors a. first
constituted shall l." composed of T.. H.
Virgin. Duncan Nr"rland and T.. \. Virgin.
and they shall hold office until the third
Tuesday in March. 1921. and on that day.
aud on IN" same day thereafter each YEAR.
elections shall h" held for Directors at
I'll" principal Off" of the corporation and
TIA" election shall h" held between the
hours of ten and lively" q. m. Failure to
hold an election un the day specified shall
not dissolve the corporation. but the hi
until an election shall he held after thirty
days notice of the time and place thereof
given Ia each stakeholder. The said BOARD
of Directors. ~ their first meeting. shall
elect from among their number a Pres
tGeut. Vice President and u Secretary
Treasurer. provided. however. that the
Secretary need not De - stakeholder or
member of the Board of Directors. and
amy vacancy in shat office shall be filled
10y til" Board. Directors may act either
in person or by proxy.
ARTICLE Whenever this corpor-
alton j. dissolved. either 10y limitation or
for any other cause. its affairs shall Ice
llpuidHted by tn" Board of Directors. who
are hereby vested with full power to sell
any or all assets of the corporation cit her
separately or in Il mass. and 10 convey
full ana cOmplrt" title thereto. and shall
have fun power to do aud perform all acts
necessary aud proper 10 fully and COM
plet"ly luuidate the affairs aud distribute
the proceeds if any. among the stock
holders Of the said corporation TO the
amount of stock held by each
ARTICLE IN.-This act of incorporation
may he amended. altered and modified or
this corporation dissolved in the manner
provided 10y law.
Thus done aud passed. in my notariaI
office. in the city of New Orleans. on the
day. month and year first above written.
in the presence of Amanda Z. Stpchmaun
and Ruth VI. Seller. competent witnesses.
who hrreunto sign their names. together
with the parties hereto and me- Notary.
after a reading Of the whole
Witnesses Amanda e. Stechmann. Ruth
VI Seller
f. Is. Virgin. 7:i6 City Park Ave. New
Orleans. La. - shares: Duncan Vrecland
'32 Nashville Ave. New Orleans. La. -
shares: Edwin ~ Virgin. Iif city PARK
Ave. New Orleans. La. l share.
\. \. MORENO, Notary Public.
Apr. SHAY Il.