The herald. [volume] (New Orleans, La.) 1905-1953, 1920-03-11
CHARTER.

Sippi: T.. '. Richards. tIiO b'lIaSJ street
New Orleans La: l.. VI. Ash, 3D. G"ntIl-
" Terracr New Orleans. La. with Julian
Il Sacugrr. president. Victor =. Howard,
vice president: \. -. bourbon. vice prcSi-
dent: f. V. Richards. secretary. and l.. VI.
Ash. treasurer. All meetings of the stock
holders aud directors must he held at the
dowiclp Of the corporation or at such
place rs the board of directors shall pro
vide provided that with the consent of all
the directors valid Meetings Of directors
may be held outside Of the state or within
the state. elsewhere than nj its dOmicile.
Notice shall hr given of all stockholders
meetings as provided by this charter. oN-
ccpt aS otherwise required by law, hut said
notice may br waived by unanimous con
Sent of All the stockholders. The first an
nugl meeting of the stockholders shall he
held on the first Monday of February,
1921 or rs soon thereafter as practicable.
nj such hour as the board Of directors
shall determine: but failure to hold said
meeting shall not invalitat" this charter
nor impair the same in any respect nor
dissolve or in any way affect III" COrpor-
alton. but all directors and officers then
in office shall hold over and continue UNI
iii the election shall be held. Ar such
time thereafter a the board Of directors
may fix and until their successors are
elected and qualincd. The board Of dircC-
tors shall Immediately. or As soon as prac-
ticablr after their election elect the Off
GERS of this corporation. who ar" hereby
declared to consist of - president, two vice.
presidents Il secretary and a treasurer.
The board of directors may from time TO
time appoint such other officers, agents
and employees aS said board may deem
proper and prescribe the powers and duties
of all officers. agents and employees and
fix their compensation. The board of di
rectnrS may from time To time adOpt. alter.
amend or repeal such bylaws. rules and
regulations as said board may determine.
provided same are not in conflict with or
inconsistent with law or with this charter.
or with such bylaws. rules and regulations
~ may be adopted by the stockholders. ~
any time the board may merge the office
of secretary and treasurer into one. after
which said officer shall he designated as
Secretary treasurer. and said hoard shall
also have the right at any time TO reduce
the number Of vice presidents to one if
the board 50 desires.
ARTICLE VI. This act of Incorporation
may u" amended. modified. or altered. or
said CORPORATION may be dissolved, with
the assent of two-third~ of all its capital
stock ut general meeting of th" stock
| holders to he convened for such purpoS"
/ after fftc"n go days tSundayS and legal
/ holidays inrIudrd) previous notice Of such
| meeting shall have been mailed TO Such
/ Sto, kholdcr> 1T his last known post office
/ address. which notice may Ice waived by
unanimous consent.
/ ARTICLE VII No stakeholder shall
/ over hr held liable or responsible for the
. contracts faults or debts Of the corpora
! ton nor shall any infOrmality in the mode
, of organization have the effect of render
/ ing this charter nun or of exposing any
( >to, khOlder 10 any liability. beyond the
| unpaid balance du" on the shares of stock
owned by him
ARTICLE VIII When this corporation
* dissolved by limitation or otherwise its
affairs shall hc liquidat"d 10y one or more
. liuuidafor>. who shall he elected from
| among tn" stockholders ut a general meet
! ing of the stockholders authorizing such
| dis olUtion. or 1t meeting held for the
purpose of clccting such liquidatorS. The
said IiquidltorS shall remain in office unit
thc affairs of the corporation shall nave
been duly liquidated. and shall receive Suci
compensation and have such powers and
duties and be subject 10 such limitations
Is the stockholders shall from time to time
provide In ease of the death or rcSig
nation or inability to act of one or more
of the liguidatOrS. the stockholders shat
ill such vacancy or vacancies from among
the stockholders of the corporation. lh'
'liuuidators shalt have the power TO dis
pose of all Of :ho property and assets NJ
. he corporation At public auction or private
I sale and to make title thereto. ana 10 d'
all other acts necessary to completely hqui
date the corporation. reaTize upon its as
/ sets and divide the proceeds among tn,
various stockholders. all subject however
TO such limitations rs the stockholders MAY
from time to time provide
ARTICLE IN. The parties hereto have
annexed hereto an accurate detailed an'
itruiZrd description of the property to b
transferred to the said corporation in pay
meut of the stock subscribed for. tOgethe
with the value thereof As appraised by tn
board of directors herein named: and tn
same has been signed by the parties hereto
and paraphed Ne Narietur' by me. No
itarN for Identification with these present
ARTICLE y The names and post of
fee addresses of the subscribers to theS
articles of incorporation. and Statemen
of the number of shares of stock Whicl
each agrees to take in the corporation.
rs follows. tO-wit: Julian III. Saengei
25II GENTLY Terrace. New Orleans. La
246 shares Victor G. Howard. 2jl1 st. An
street New Orleans. La, ! share; \. q
Bourbon. Biloxi. Miss. ! share; +.
Richards. T7iO Belfast street. New Orlean,
| La. one share: l.. NJ. Ash. 35J3 Gentill
Terrace, New Orleans, La, one share.
Thus done and passed at my office in tn
. city of New Orleans. state of Louisian;
. on the day, mouth and year herein mrs
above written, in the presence OF MeSSr
Elkin Moses and II. II. G. Wedcmeye
competent witnesses. who have Signe
these presents with the said appearers an
me. notary, after due reading of tn
whole Original signed: j. III. Saenge
3II3 GENTLY Terrace. New Orleans. La, p
/, shares S246OO; +. V. Richards. 7I4O BE
J fast street New Orleans. La. one Shar
500: l.. NJ. Ash, 3553 Gcntilly Terrace, Ne
Orleans. La. one share, 800; A. q. BOul
don. Biloxi. Miss, one share. 500; NictC
Z G. Howard 2JlI st. Ann street, New o.
leans. La. one share. 500 Witnesses: +
kin Moses, II. II. c. Wedemeyer.
p CHARLES ROSEN. Notary Public.
\ true copy of the original.
CHARLES ROSEN, Notary Public.
: Mar 4-Apr. 5