The herald. [volume] (New Orleans, La.) 1905-1953, 1920-06-17
CHARTER.

firms and corporations at such times for
such prices and upon such terms and con-
ditiOns. as they may deem advisable. This
power to buy and sell. mortgage, pledge,
and dispose of property, real and per
sonal; to borrow and lend money, exc
cute mortgages, notes, bonds and other
evidences of debt, and all powers herein
granted to said board of directors is 10 be
exercised by them without the necessity
of referring TO the stockholders of the
corporation for special authorization.
Said board of directors shall make all
the rules regulations and bylaws for the
government control and management of
the business aud affairs or the corpora
ton and alter. amend and change the
same at pleasure.
The following stockholders are hereby
declared to be the first board of dire
tors of this corporation, all of whom shall
hold office until the second Monday of
May. 1921, or until their successors shall
have been elected and qualified.
George W. Foster. I02S Thavcr ST.
New orleans: Luke :. BOudrcauN. "A
CgrondcIrt ST, New Orleans: Walter \.
piIzrM - NalIrtte ST. New Orleans
Clarence Bennett. 1G1N st Charles St
New Orleans; Frank !. Pole, 4GlI :. Car
ruIltuu Ave. New Orleans, Henry ! l;uu.
drcauN. 43i Carondclct ST. New Orleans
Edward 4 Parsons, Su6 Whitney Bldg
New Orleans.
Until the second Monday of May. 1871
or until their Successors shall have been
elected aud qualified. the following named
persons are hcr,I declared to he the of
! firrrs of this corporation:
George W. Foster. president: Luke :
| EoudreauN. vice president; Frank J. Boil"
secretary treasurer.
! ARTICLE Vino StOckholdrr shall
| ever Ice held liable or responsible for tn,
! contracts or faults nf said corporation in
| any further sum than tn" unpaid bal
| ancc due on the shares of stock owned 10y
| him nor shall any mere infOrmality IN
| organization have the effect Of rendering
| this charter null or of exposing 4 stock
holder to any liability beyond the amount
| Of his unpaid stock nor shall any inf0r
/ mality or irrcguarty in organization ever
| have the effect of rendering any stock
holder liable a. partner.
| ARTICLE NIII.-ThiS act of incorpora
! ton shall be changed. modified or altered
or this corporation shall be dissolved
| with the assent of tWu-thiTdS of tn" stool
of the corporation. present or repre>cnte,
| at general meeting called for that pur
| pose. after prior notice in writing 10 'acl
| stakeholder or mailed tn him at his las
| known post office address in accordance
with law.
At the expiration of this charter. o.
| the earlier dissolution of This corpora
| ton for any cause. its affairs shall b,
/ liQuidatpd 10y one ar more liquidatorS 4
he elected 10y the entire stockholders. Gal
| of whom shall hold stock In said com
pany) and the said commissioners ar
hereby vested with full power and author
| ity to liqudat" the affairs Of said com
pbny in accordance with law.
| ARTICLE IN.-The appearers hcreb.
declare that they have subscribed 10 tn
number of shares opposite their names
and the signatures thereto shall cOnStitut
their original subscription to the capita
stock of said corporation in the proper
ton set opposite their names.
Thus done and passed. in my nOtaria
| office. in the city Of New Orleans, on tn
day, month and year hcreinrirSt writtr
and in the presence of Il. Schwartz an
! W. II. kee. competent witnesses. VIII
hcrcunto subscribe their names. with IN
| said appearerS and me, notary, after du
reading Of the whole
Original signed: George W. Foster
twenty shares: l.. $. BoudreauN. twent
| shares: Frank ]. BOle. fifteen shares: "
4. DilZell. fifteen shares: Clarence Ben
nett. fifteen shares: II. J. BOudreauN. fiji
teen shares; Henry !. Williams fiftee
shares, per pro G. W. Foster.
| Witnesses:
| Il. Schwartz.
/ W. u. Kee.
f.. \. PARSONS
Notary Publ,