The herald. [volume] (New Orleans, La.) 1905-1953, 1920-04-29
CHARTER.

be east in person or by written proxy,
and il shall require twO-thirds of the
stock present or represented TO erect.
Failure to hold an election for direc-
tors ON the second Tuesday OF March
1921 or annually thereafter, shall not
york , forfeiture of this charter, but the
old board of directors shall remain IN
Office until their successors are duly
elected and qualified
ARTICLE NII.-Thc hoard of directors
| shall hold regular meetings ut such times
Ys shall he fixed in the bylaws of tins
corporation. These meetings shall De h"lh
nj the dOmicile of the corporation. but
| thr president may call special meetings
! If tb. hazard of directors at such times
/ he may deem advisable. and he shall ne
! required to call such special meetings nv
| the request Of a member OF the board OF
} directors Three days written notice OF
| ,urb special meetings shall he given to
! the directors. Any vacancy occurring in
| the BOARD of directors. either from death.
| resignation or inability 10 serve, shall he
/ filled by the remaining board Of dlre"-
| tors ut its next regular meeting after
such vacancy shall have occurred IN"
: first board Of directors Of this corpora
! ton shall be required 10 draft suitable
! by-lawS for the government of this cor
poration. which may he altered. amended
or changed as the cNigicncicS OF the case
may require.
| ARTICLE VIII-The stock of this cor
poration may be transferred; provided
books of this corporation before II SHAH
br required to recognize tn" transfer or
IN" new holder Of said stock. The total
amount of the subscribed stock as hereii
set forth. is the sum of twenty thousand
| $50 900 OOD dollars. or two hundred (2Oo)
shares, which are hereby authorized to he
ISSUED fully paid for and non-asScSsabl"
for cash.
SireS to sell his stock, or any part OF
norton thereof. ne shall first offer same
to the remaining stockholders. in proper
tion to their respective holdings, NJ lt'
book value This offer is to be made tc
apprnr by letter addressed to each stock
holder nj his last known address. N
the expiration of which time. the saic
>torkholder desiring to sell his stock
/ shall be ut liberty to do 80 at whatever
price and to whom he shall please
ARTICLE IN.-ThiS charter may b,
modified or altered. the capital stool
thereof increased or decreased, or ina
CORPORATION may be dissolved with the as
sent of two thirds Of the capital stocI
nr,,cnt or represented at any meetin!
I of the stockholders held for that purpoS
after prior notice in writing to each STOCK
holder mailed to him at his last know
post office address, all in accordance VIII
the terms of Act 261 OF l9l4.
ARTICLE N At the expiration o
this charter or the earlier dissolution o
: this corporation for any cause. Its atfalr
| shall be Iiquidated by one or more hqul
uItOrS to ne elected bN lne
all of whom shall hold stock in this cor
J. poration and said HQuidatOrs are hereb
y vested with full power and authority I
u liquidate the affairs of said corporation
ARTICLE NI.-The appearers hereb
). dcclare that they have subscribed to Tn
n following number Of shares of the caplta
;, | stock of this corporation. tO-wit:
, william G. kickgraf Jellica. Tenn, se'
:. enty-fivr shares. William VI. IurnaS'
! Pontchatoula, La, fifty shares. NelSo
: Orleans. La, siNtyfive shares. Mrs Eli
!, abeth Jensen. 172I Napoleon avenue, Ne'
% Orleans. La. ten shares. All of whic
i shall be paid in cash. except:
The subscription of William NJ. 1ui
> mage for fifty shares fully paid for an
b settled by the transfer 10y him TO tn
: corporation of the property which is full
m described on the detailed itcmlzed stat'
y ment and description of said propert
q hereto annexed and read in connectio
I, herewith and which said property wa
duly appraised by the board of director
of this corporation ut the sum or nv
Is thousand (S5OO00O) dollars.
" Thus done and passed at my offlce
Fl this city of New Orleans, LOUISIANA, @
e the day, month and year hereinabove flr
9 written in the presence of Jones L. froV
a ell and Niram Keenan,, VINO hereuh.o slS
Id their names, together with the said al
i hearers who have also set opposite the
ne names the number Of shares subscri1t
10 nv them. and me. notary, all after al
reading of the whole.
Original Signed):
n w C. Zickgraf. seventy-fiye shares, p
VI Y Jensen: Elizabeth Jensen, ten share
hd per y. Jensen y. Jensen. sixty -five share
le w. VI. Turnage fifty shares.
y Witnesses:
n J. T. PrOwell
70 y. Keenan,. -
81 JOHN II. UPTON.
nd Notary Public.
no l. the undersigned Recorder OF MOI
'l- g,UaS in and for the parish of OrleaT
no state of Louisiana. dc hereby certify IN
er the above and foregoing act of incorpo
ne alton Of the WadesbOro Lumber Coz
10 pany. Inc, was this day duly record
i'm my office. in book 1928, folio 616.
,r- New Orleans March 10. 1920.
Nv (Signcd) EMILE J. LEONARD. ID. Il
CT 4 true copy. -
be JOHN r. UPTON.
h. Notary Public
b. March -. April 20.