The herald., 1920-04-01
CHARTER.

sippi: Z. V. Richards 774O Belfast street,
New Orleans. La; l.. VI. Ash. %S3 Geniil-
" Terrace. New ORLEANS La. with Julian
H. SaenEcr. president Victor =. Howard,
vice president \. %. Bourbon. yi""-prC>i-
dent: T.. V. richards. secretary. and l.. NJ
Ash. Treasurer. All meetings of ia" stock
holders and directors must b" held ~ the
dumicilr 0f the corporation or 1T such
place :iS ia" board of directors shall pro
vide. prov id"d thar with rh" consent Of all
TIA" directors valid meetings Of directors
may hp held outside of n, stat" a. within
the state. rl~cWH-r" than ut it, dUWi"Il"
Notice shall l." given of al >to,khold,r~'
meetings - prov idrd Icy this charter, OK
rcpt aS otherwise required hv law. hut said
motto" NAV be- waived by unanimous con
sent Of an the Stockholders. The first an
Ual meeting Of the stockholders shall h."
held the first Monday Of February.
l"2l or as soon thereafter rs practicable.
at such hour as tn" board Of directors
shall d,tcrUiur. lint fIilur" to hold said
meeting shall not invalidItc Jhi~ charter
nor impair the sam" in any aspect nor
dissolve or IN any way affect the cOrp0r-
alton. hut Ill directors and officers then
in office shall hold over and continue M
III ia" olcrIiOn shall %" held. ar such
time thereafter - IN" board of directors
may fly and Until their Successors ar"
elected aud qualified. The hoard 81 dire
tors shall Immediately. or .> soon as Ur1r-
tirlhlc after their election elect the Off
GERS Of this corporation. who ar" hereby
dee Jared To- consist of president. two vice
presidents. secretary and vI~UTrr.
The board OF directors may from time 70
time appoint such other officers. agents
aud employers ~ aid board may deem
proper and prescribe the powers and duties
of all officers. agents and employers and
uN their rompcuSatio The hoard Of di-
Tcc'OrS may from time O" time adopt. alter
amend or repeal such bylaws. rules and
I,f, IN M
provided sam" are not in conflict with or
inconsistent with law or with this charter.
or with such Icy laws. rules ana regulations
- may hc adopted bN the stock hOldcrS. Vt
any tim" the hoard may merge tn" office"
of secretary and treasurer into one. after
which said officer shall he designated aS
s., ret? ry-trraSur,r aud said board shall
also hav" the right ~ any time ia reduce
IN" numlcr of vice presidents To on" II
the board 20 desires.
ARTICLE VI This act Of incorporation
may u" amended. modified. or altered. or
said corporation may d" dissolved. with
the assent Of twO-thirdS Of all It's capital
stock. at a general meeting Of n" stock
holders to be- convened for such purpose.
after hftc"n 60 days (SundayS aud legal
holidays includ"dD previous notice of such
meeting shall have been mailed to Nurh
StO, khOIdcrS at his last known post office
address. which notice may bc waived by
unanimous consent.
ARTICLE VII. No stakeholder shall
over he held liable or responsible for the
contracts. faults or debts Of the corpora
ton. nor shall any informally in the mode
Of organization haV" the effect of render
ing this charter null or Of exposing any
stoC khodcr To any liability, beyond III"
unpaid balaHC" due on the shares Of stock
owned by him.
ARTICLE VIII When this corporal ion
* dissolved by limitation or otherwise. its
affairs shall b" liqUidatod by on" or NOR"
/ lipuidntorS. who shall he elected from
among the stockholders ut a general meet
! ing of the stockholders authorizing such
dissolution. or M meeting held for the
purpose of elcctin- such lquidatorS. tn"
said liQuidatorS shall remain in office until
the affairs of the corporation shall have
cen duly liquidated. and shall receive such
compensation and have such powers and
duties and be subject to such limitations
IS the stockholders shall from time 10 time
provide. In ease of the death or rcSig-
nation or inability to act of one or NOR"
Of the lipuidHtOrS. the stockholders shall
! fll such vacancy or vacancies from among
the stockholders of the corporation. The
liPuidators shall have the power to dis
pose of all Of :hc property and assets of
ne corporation ut public auction or private
sale and 10 make title thereto. and to do
Gll other acts necessary to completely lipui-
date the corporation, reaIizc upon its as
sets. and divide the proceeds among the
various stockholders. all subject however.
TO such limitations as the stockholders may
from time TO time provide
ARTICLE IN. The parties hereto have
annexed hereto an accurate detailed and
itcniZcd description Of the property to he
transferred To the said corporation in pay
meut of the stock subscribed for. together
with the value thereof rs appraised by the
hoard of directors herein named and the
same has been signed by the parties hereto
and paraphed NE Narietur' by me, No
tnr for ifsp VIII
ARTICLE y. The names and post Of
/ fee addresses of the subscribers to these
/ articles of incorporation, and a statement
/ of the number of shares of stock which
each agrees to take in the corporation. is
I aS follows. to-wit: Julian II. Sacnger
3TLl3 GENTLY Terrace. New Orleans. La.
/ pc shares Victor e. Howard. 2JlI 81. Ann
street. New Orleans. La. ! share; y. -.
/ Bourdon. Biloxi. Miss. ! share; L. V.
! Richards. 1Ii0 Belfast street. New Orleans,
| La. one share: l.. VI. Ash, ;Ii,li Gentilly
| Terrace. New Orleans. La. one share.
! Thus done and passed at my office in the
| city of New Orleans. state of Louisiana
I on the day. month and year herein first
/ 2hOvc7 written, in the presence of Mcssrs
/ Elkin Moses and II. H. e. Wedemeyer
competent witnesses, who have signed
/ these presents with the said appearerS and
me- notary. after due reading of the
whole. Original sighed: J. IL. Sacnger
:sEIj GENTLY Terrace New Orleans. La. 24t
shares. $24 600: +. V. Richards. 77i0 Bel
! fast street, New Orleans. La. one share
800; l.. VI. Ash. 35J3 GENTLY Terrace. New
Orleans, La, one share, 500; \. q. BOur-
don. Biloxi. Miss. one share. 500; Victor
! g. Howard, 25l1 st. Ann street New Or
leans, La, one share, 800. Witnesses: FL
Kin Moses II. II. c. Wedemeyer.
/ CHARLES ROSEN. Notary Public.
! \ true copy of the original.
CHARLES ROSEN, Notary Public.
/ Mar I-Apr. !