The herald., 1920-01-08
CHARTER.

right to appoint and dismiss such clerks
managers and other employees Of the cor
| poration, as in its judgment, may be
| deemed necessary.
The tenure Of Office of all employees of
| the corporation shall be during the pleas
ure OF the Board.
Each stakeholder shall be entitled, in
person or by proxy, to one vote for every
Shareof stock owned by him, and all
elections shall be held under such rules
and regulations as may be specified by
the Board of Directors.
ARTICLE VI-This act of INCORPORATION
may be changed, modified or altered, or
TINS corporation may be dissolved, with
the assent Of stockholders owning two
thirds or all the stock Of the corporation,
at general meeting convened for that
purpose, and after at least fifteen DAYS
written notice of this meeting has been
given personally or through the mail 10
each stockholder at his last recorded ad-
dress.
In case of dissolution, by the expiration
OF this charter or otherwise, after the
compliance with law, the stockholders
shall elect two liquidatOrs from among
their number TO liquidate and settle the
business and affairs of.
The said liQuidators shall have full
power to settle the corporations debts
and divide the remaining money among
the stockholders. In the event OF death
or disability of any one of the said IiQui-
dators, the remaining liquidator shall
| fulfill all the duties of liquidator Said
liquidators shall have the power TO fix
and prescribe the terms OF sale of said
property and the manner in which the
sale shall be made.
They shall be vested with full. final and
complete power and authority necessary
proper and expedient to do and perform
any and every act and thing necessary
| to wind up and liquidate the business and
/ affairs of the cooperation.
| ARTICLE Vino stakeholder shau
ever be liable or responsible for the con-
| tracts, faults or debts of said corpora
ton, nor shall any mere informally in
! its organization have> the effect OF rem
stockholder to any liability beyond the
unpaid balance due on the shares OF stock
subscribed for or owned by him.
ARTICLE vIII-The subscribers here
INTO have respectfully written opposite
heir names, the amount of stock in this
corporation subscribed for by each OF
hem so that this act of incorporation may
,iso serve as the original subscription
list of the corporation.
Thus done and signed, at my onice, at
the City Of New Orleans, on the day,
month and year first above written in
he presence Of Messieurs Charles lie Blanc
md Frank L. Doyle. competent witnesses.
esiding In this Parish, who have signed
hese presents, together with said appear
RS and me, Notary, after due reading Of
the whole.
| (Original Signed)
JOHN A. MAUGHT. n. O., 90 Shares.
! l.. Z. SCHENCK, n. o., 80 Shares.
c. +. YOUNGMAN, n. o., i Share.
Witnesses:
| Chas. lie Blanc,
F. t. Doyle.
J. c. HENRIQUES,
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 Act of Incorpora-
lion Of The Federal Tax Service & Audit
Bureau. Inc, was this day duly recorded
in my Office. in Book 1881, folio $50 New
Orleans, November Is, 1919
(Signed) EMILE J. LEONARD.
"A true Copy"
]. c. HENRIQUES.
Notary Public.
| Dec. Alan. 8