The herald., 1920-04-08
CHARTER.

brances of said stock, or dealings with re-
gard thereto. shall be subject TO the pro-
visions hereof.
ARTICLE VI-All the powers of this
CORPORATION shall be vested la and eX
erciSed by a Board of three directors,
which shall be elected annually ~ meet
ing to Ice held on the first Monday in
March of each year Cor the next succeed
jng legal day should that De a holiday,
after notice given to each stakeholder. 10y
mail at least fifteen days before the date
If the meeting. Special meetings of the
stockl OldcrS may he called by the Board
81 any time and notice thereof shall be
given in the manner provided AS to an
uUal meetings: provided. th1t in all cases,
ell notices may he waived by unanimous
consent. Each holder o. stock shall be
entitled to one vote for each share OF
stock standing in his name on the books
Of th, corporation. said vOt" 20 he cast in
person or by proxy. and the TnaJorlty OF
votes east shall elect. Tn" Board of lh-
r,stor> shall have the power 10 I'LL all va
caHcicS which may occur or in any man
npr arise or De created on the fOIrd. even
though no quorum remain - tn" time such
vacancies are To he filled. failLrc 10 elect
directors on the day above specified shall
not di>Solv" the corporation but the 1ir"r-
tors then in office shall remain in OFF,"
until their successors are elected and quail
ihcd. The Board shall elect from their
number q President Secretary ard a Vice
President Treasurer: provided hat tho
Board may elect such other officers (whO
need not h" members of the Board or
stockholders as they think proper Or con-
venieHt for the carrying on Of the COM
pany'S business. and may COmhin" any
offices or dispense with the same and they
shall fix the salaries Of all officers agents
and employees. At any meetin" of the
Board of Directors. any director absent
from the meeting may be represented tN
any other director who may east the
vote Of the absent director according 10
the written instructions. either General or
special Of said absent director. Tho HoArd
of Directors shall have authority 10 make
and establish. rs well as alter and amend.
all bylaws. rules and regulations ncccS-
~ry and proper for the support and man
agpmpnt OF the business and affairs or this
CORPORATION and not inconsistent with this
charter: aud they shall have power ia
authorize the borrowing of money and
the issuance of notes and the execution OF
pledges, and generally to do all things
necessary or convenient for the proper car
rying on of the business of the cOrpor-
alton. Until n general meeting of the
stockholders for election Of directors To he
held in 1921. or until their duly qualified
successors are elected and installed. the
BOARD Of Directors shall he composed Of
the following: Leopold Feibleman. post
office address. 500 Canal st. New Orleans;
Max Feibleman. 500 Canal ST.. New Or
leans; Harry Phillips 500 Canal st, New
Orleans.
OF these. Leopold Policeman shall he
resident and Secretary and Max Pebble
man shall be Vice President and Treasurer.
ARTICLE VI.-This act of incorporation
may be changed. modified or amended. or
the corporation dissolved. by vote OF two
thirds of the entire capital stock present
or represented at n general meeting of the
stockholders convened for such purpose,
after previous notice shall have been given
in the manner above required to be given
at the annual meeting of the corporation.
ARTICLE VILE this corporation shall
be dissolved. either bv limit ltion or from
any other cause, its affairs shall be liqui-
dated by two commissioners to be APP
pointed at the meeting of stockholders con
vened for the purpose of liquidation. and
to he elected by the vote of all the stock
holders voting upon parity. Said liqui-
datOrs shall remain in office until the af
fairs of the corporation shall have been
fully settled and liquidated, and they shall
have full power and authority to transfer
and give title to all the property and
assets of the corporation and TO distribute
the proceeds. In case Of death. disabil-
ity or resignation of ore liquidatOr. the
vacancy shall he filed by the survivor.
ARTICLE VIII.-No stakeholder shall
ever be held liable or responsible for the
contracts or faults of said corporation in
any further sum than the unpaid balance
due on the shares of stock owned by him,
Tor shall any mere infOrmaliTy in organi-
zatiOn have the effect of rendering this
charter ull or of exposing any stakeholder
20 an; liability beyond III" unpaid oai-
ance due on his stock. in order :ha- this
charter may serve as the original sub
scription list. the subscribers hereto have
indicated opposite their respective sigma
lures the number of shares of stock sub
Scribed for by each of them. There is an
neyed hereto, to he read IN connection
herewith. an accurate. detailed and item
iZ"d description of the property conveyed
to this corporation In payment Of the sub
scriptions to its entire capital stock of One
Million Isl. 900 000OD Dollars. the said
property consisting of the entire assets
partnership of l.. Feibleman & Co. 500
Canal Street, New Orleans Louisiana, as
of January 31St. 1920. the same being more
fully shown also by the books of said l..
Feibleman & Co. on file of record ut 800
Canal Street New Orleans. Louisiana
which are incorporated herein by refer
ence. Thus done and passed at my notarial
office in the City of New Orleans, State
of Louisiana, on the day, month and year
first hereinabOye written. in the presence
of Monte NJ. LPmaun and Norma wilkins.
competent witnesses. who have hereunto
subscribed their names together with me.
Notary, and the said appearers, after due
reading OF the whole.
Original signed. Names of subscribers
omitted.
Witnesses: Monte NJ. Lemann and
Norma wilkins. Watts X. Leverich.
Not. Pub.
!, the undersigned, Recorder of Mort
cages. i'm and for the parish of Orleans,
state of Louisiana, do hereby certify that
the Act of Incorporation of the l.. Feible-
man & Co. Inc. was this day recorded in
my office, in Book 1898. Folio -, New
Orleans, 1920.
(Sicned) EMILE J. LEONARD, d. r.