The herald., 1920-03-18
CHARTER.

ment of the number of shares of stock
which he agrees to take in the corporation
At all elections. every stakeholder shall
be entitled to one vote for each share of
of the corporation, to be cast in person
or by his written proxy. \ majority OF
the votes cast shall elect.
ARTICLE Win the event of the lqui-
datiOn or dissolution o. this corporation,
the stockholders shall elect three lqui-
datOrs from among their number at a
meeting convened for that purpose, after
| fifteen Gj) DAYS written notice sent to
each stakeholder by mail to his last known
| address; said hquidatOrS shall have the
! authority TO wind up the business and
/ affairs of this corporation. In case of the
death Of a liquidatOr. the survivors shall
| appoint a stakeholder as successor to him.
ARTICLE VII-This charter may be
modified, changed or altered, or said cor
pOratiOn may be dissolved, with the as
sent Of stockholders owning twO-thirds Of
the entire capital stock, at 4 general meet
ing of the stockholders convened for that
purpose. after fifteen 40 days written
notice shall have been given TO each stock
holder. mailed to him at his last known
address.
ARTICLE VIII-NO subscriber for stock
shall ever bc held liable for the contracts.
faults or debts of said corporation in any
further sum than the unpaid balance. if
any, due the corporation on the stock
for which he has subscribed; nor shall
any stakeholder ever be held liable for
such contracts faults or debts in any
further sum than the unpaid balance. if
any. on the stock owned by him; nor shall
any mere infOrmality in organization have
the effect of rendering this charter null
or rendering any subscriber or stock
holder liable beyond the unpaid amount
if any. remaining due on his stock.
ARTICLE IN-ThiS corporation is or
Canizrd under the laws Of the State of
Louisiana, aud especially Act No. 267 of
1914. and the subscribers hereto. for
themselves and said corporation. and for
its officers, directors and stockholders,
hereby accept, as part of this charter and
Is conditions of this corporation, all the
rights, powers. privileges and immunitieS
granted to corporations, and granted TO
and conferred upon officers, directors and
stockholders of corporations by said laws
and said act; such acceptance being as
! I'll, complete and binding aS if said rights,
powers, privileges and immuuticS were
set forth at full length in this instru-
ment.
Thus done and passed in my nOtarial
office in the city of New Orleans afOrc-
said, in the presence of George ii. Terri
berry and Frazer l.. Rice, competent wit
neSScS of lawful age. and residing in this
city. who hereuntO subscribe their names,
together with said parties and me. No
tary, on the day and date set forth in the
caption hereof. Original Sgned). Names
of subscribers omitted.
Witnesses:
Geo. H. Terriberry.
Frazer l.. Rice.
W. W. YOUNG.
Notary Public.
I. the undersigned. Recorder of Mort
cages, in and for the parish of Orleans,
state of Louisiana. do hereby certify that
the above and foregoing charter of South
ern SteVedOring Company, Incorporated
was this day duly recorded in my office,
in hook les. folio .....
New Orleans, La. February Goth. 1920.
(Signrd) EMILE J. LEONARD by. Il.
\ true copy.
W W. YOUNG.
Notary Public.
(Scal)
Mich. 4-Apr 3