The herald. [volume] (New Orleans, La.) 1905-1953, 1920-07-22
CHARTER

rectors see fit; and both of said offices
NAV be held by one and the same person.
as Secretary and Treasurer. as may be De
termined by the Board. -Four OF the III
rectors shall constitute a quorum for tn"
transaction of all business. ana any Va
cancy occurring on said Board SHAH l."
filled by the remaining directors Tor IN"
uncNpircd term. The said Board OF ~
rpctors or such officer or ndniG rs II
may designate. shall appoint such Officers
managers. clerks and other employees OF
said corporation aS may be necessary Tor
its business. and shall dismiss the same.
and the tenure of office and employ m"ni
of all Officers. managers. clerks ana en-
ployeeS shall be during the plcH>ur" of
said Board The said Board shall have
the right and power 10 buy. sell. improve,
contract. lease. borrow money. issue bonds
and execute mortgages. and. in general. 10
exercise all the powers Of III" corporation.
a. wei as to carry out its objects and pur-
poses and all without rrfrren"" TO or
authorization 10y the stockholders. From
| time TO time. said Board shall adopt rules.
| regulations and bylaws for tn" manage
mcnt and control OF tho business ana At
| fairs Of said corporation. and. M lis az
| erection. shall cancel chang" and modify
| the same.
! ARTICLE Who subscriber hereto or
| sturkhuId"r of the corporation shall ever
be held liable or responsible for tn" con
| tracts. faults or debts of said corporation.
! nor shall any mere iuformalIty in its or
| gauiZatiOu have the effect ut rendering
| this charter null or of exposing any
| subscriber or stakeholder to any liability
beyond the unpaid balance. II any. due on
! the shares subscribed for or owned 10y
/ him.
! ARTICLE VII This act of in"orpora-
! tiOn may be changed. modified. or altered.
| or said corporation may be dissolved. with
the assent of the holders of two-thirdS %.
| the stock of the corporation. whose own
erS are present and represented At gen
eral meeting of tn" holders OF stock. after
| at least thirty days written MOTIF" OF such
| meeting has been given through mail. ad-
| dressed to each stakeholder AT his place
| of residence. rs shown On the books al
| the corporation. In ease of dissolution.
| whether by the expiration of this charter
| or otherwise. the holders of stock shall
| elect three liquidatOrS from among their
number. to Hquidatc and settle the buNl-
ness and affairs of said corporation. lu
ease Of death or disability of any of said
| liQuidatOrS. the survivors. or the remain
ing lquidatOrS, shall appoint successor
to such liQuidatOr. said hquidatorS are
hereby given full power. either 10y court
or law proceedings, or without such pro
cccdngs. Is they shall elect. TO collect
all amounts due the corporation. sell
| otherwise dispose of its assets, pay its
debts and liabilities, and compromise and
settle all disputed questions and matters
and shall have and exercise all other pow
ers necessary and usual to fully and final
ly settle. wind up and hquldatc all the
business and affairs of the corporation
and distribute It's net assets or funds
among its stockholders in accordance with
their respective rights.
| ARTICLE NIII-The names of the first
Board of Directors and their pOStofilct
addresses are a. follows: Lamar {. Mays
| 1901 :. Claiborne Street. New Orleans La.
John j DahlStrom. J326 Coliseum Street
New Orleans. La. Pierre '. blanchard
Donaldsonyille, La; Charles Y. benjamin
, 4G3l Prytania Street, New Orleans La.
Ernest l.. SternbergeT, Amite. La; Julian
+. benjamin, 1851 Prytania Street. New
Orleans, La, and Adrian {. benjamin
1851 Prytanil Street New orleans, La
| hid I'd af Wit
| Lamar G. Mays. President. and said John
J. DahlStrOm as Vice President, and will
said Pierre V. blanchard as Secretary, anC
. Charles Y. BENJAMIN as treasurer, shall
serve until the first Monday of July. 1921
, or until their successors shall be elected
! The names and pOstOttice addresses 81
the subscribers hereto and the number o
b shares which each agrees To take III th'
. corporation are as follows. tO-Wlt: JONI
J. DahlstrOm, 5326 Coliseum street; New
Orleans, La, fifteen hundred and one
5 shares: T.. l.. Sternberger. Amite, La, one
r share; Julian +. Benjamin, 1851 Prytani;
/ Street. New Orleans. La. two hundred an,
twenty shares: Charles ': benjamin. 463
Prytania Street New Orleans, La. fifty
shares: Pierre V. blanchard, Donaldson
VILE La. fifty shares; Adrian c. Benja
min. 1851 Prytania street. New Orleans
T La: fifty shares; Lamar {. Hays, 'SGH ;
, Claiborne Street, New orleans, La, thirty
, shares.
> ARTICLE IX.-The corporation shall
f issue to the said Lamar c. Mays thirty
shares of stock, which represent his sub
scriptiOn to the capital stock of the cor
pOratiOn, the same to be paid for by beini
. accepted by the said Lamar {. Mays IL
, full payment of his interest in the contracts
i hereinabove mentioned. which he ha
! transferred and assigned to the corpora
4 ton.
Thus done and passed, at my office. il
! the City of New Orleans. on the day, an,
70 in the month and year herein first allow
written. in the presence of MesSrS. AzZ'
: J. Plough and Lawrence Vollenweider, Jr.
P competent witnesses, who have hereunt'
= signed their names with said parties aH'
? me, notary, after reading of the whole.
Original signed) J. j. Dahlstrom. $50
shares; +. l.. Sternberger, l share; Julian
f. Benjamin, 220 shares; Charles V: Ben
: jamin (per J. +. BenjaminD. 30 shares
Pierre V. blanchard, 80 shares; Adrian {
-: benjamin, 30 shares; Lamar {. Mays, 8
shares.
: witnesses: Azzo J. Plough, Lawrenc
= Vollenweider, Jr.
HENRY G. MCCALL, Not. Pub.
u