The herald. [volume] (New Orleans, La.) 1905-1953, 1920-08-26
CHARTER.

and conducted at the office OF the said
corporation. under the supervision 81 tire"
commissioners to be appointed by the
! Board of Directors.
Notice of such election shall b" given by
/ the Secretary of the Company by written
/ notice. thereof delivered personally or 10y
| dcpoSitiug same in the poStofil'". properly
/ addressed to each stakeholder az least
| fifteen 90 days preceding such elections
! At all such elections aud at all corporate
| meetings every stakeholder Shall b" en-
! titled to one vote for each share Of stock
/ standing in his name on the books OF ~"
corporation to be east in person or by his
| written proxy. and majority of the votes
east shall elect.
I ANY vacancy occurring among the Dir"c-
/ tors by death resignation, or otherwise.
! shall be filled by election for the remainder
Of the term by the remaining ilrt,torS.
! \ failure 10 elect Directors on the dat"
/ above specified shall not dissolve the cor
/ poration nor impair its corporate manage
mcnt. but the Directors then in offic" SHAH
| remain in office until their Successors are
! elected and qualified.
! The Board OF Directors shall elect from
| their own number "A President ana wee
/ President. They shall also elcct a Secre-
! tary and Treasurer, or one person who
| shall be- both, either Of whom may or may
not be members of the Board. They shall
] have power and authority. from time to
| time. to name and appoint all such OFFICERS.
agents or other employees as may he
. y
/ ness of the corporation. They shall have
/ power to fix the compensation and define
! the duties Of every officer and employee,
and all officers and employees shall hold
office and employment NJ the pleasure of
| the Board.
The Board may make and establish as
well as alter and, amend. any and all by
laws, rules and regulations necessary and
proper in its judgment for the conduct.
support and management Of the business
and affairs of said corporation. At all
meetings of the Board of Directors each
director shall have the right to appoint
proxy 10 act in his place and stead
The Board shall have full power and au-
thority TO borrow money. to execute mort
cages and to create liens; to issue bonds,
notes and other obligations, and generally
to do all things reasonable, convenient and
necessary for the proper carrying on Of the
/ business Of the corporation.
The Board may issue fu-' a shares OF
stock for cash or in paymeit of labor done
or property actually received by said cor
pOration.
ARTICLE vI.-whcncver This corpora
| ton may he dissolved either by Limitation
or from any other cau>c its affairs shall
he Hquidatcd by three commissioners. TO
be appointed from among the stockholders
AT a general meeting of the stockholders
convened for such purpose, Of which meet
| ing notice shall he given in the manner
and time provided for Stockholders meet
| ingS by Article VII Of this Charter. and
/
of said Company shall he requisite to elect
said commissioners shall remain in office
unit 1.-The affairs of said corporation shall
have been fully liquidated. In case of
death Of one or more of said commission
erS. the vacancy shall be filled by the sur
Viving commissioners.
| ARTICLE Widths Act of IncOrp. ra-
| ton may be modified, changed or altered.
| or this corporation may be dissolved, or
| the capital stock may be altered. in ac-
| gDrdangp k
holders called for the purpose. after notice
shall have been given by written notice to
each stakeholder. delivered to him person
ally or mailed to him at the postoffice
address designated by him in writing at
| least fifteen 90 days prior to the date of
meeting.
ARTICLE VIII. No stakeholder shall
ever be held liable or responsible for the
contracts. faults or debts of said corpora
ton in any further sum than the unpaid
balance due the corporation on shares OF
stock owned by him. nor shall any mere
informally in organization have the effect
OF rendering this charter null or of expos
ing stakeholder TO any liability beyond
the unpaid amount remaining due on his
stock.
ARTICLE IX.-Arthur Alderman. New
York, y. Y: u. F. Clark, Alexandria, La;
Alfred Mead Berwick. La; GUSTAV A. +.
Alderman, New York. n Y. and Abraham
Goldberg. New Orleans, La. have been
chosen and selected as the first Board of
n,
Arthur Alderman as President. ID. p. Clark
as Nice-PreSident. and Alfred Mead as
| Secretary and Treasurer. to serve as such
until the first Monday in January. 1921. or
until their successors shall have been
elected and qualified.
The subscribers to the canitaI stock of
said corporation and their respective ad-
dresses, are:
Arthur Ackerman. New York, " Y. 100
shares.
u; F. Clark. Alexandria. La. 20 shares
Alfred Mead. Berwick, La, 80 shares
GUSTAV \. f. Alderman. New York y.
Y. % shares.
Abraham Goldberg, New Orleans, La.
share.
Thus done and passed at my office in
the City of New Orleans, in the presence of
Messrs. Eugene Thorpe and Joseph A. F.
Barry. competent witnesses, of lawful age
and both of this city, who hereunto sign
their names, together with the said APP
bearers and me. Notary, on the day and
date herein firSt-above written after due
reading of the whole.
Names, address, number of shares.
amount:
Alfred Mead and others
Witnesses:
Eugene Thorpe. Joseph A. Barry.
SCOTT f. BEER, Notary Public
I, the undersigned Recorder of Mort
cages. hereby certify that the above and
foregoing charter of the Oyster Shell Prod
ucts corporation. Inc. was this day by me
folio $50. New Orleans, La, July 13 1920
(Signed) NJ J. DUNN, Rec.
This is to certify that the above and
foregoing is a true and correct COPY of
the Charter of Oyster Shell Products Cor
poratiOn, Inc. with the certificate of the
Recorder of Mortgages. Parish of Orleans
Louisiana, thereto appended, with the ex-
ception of the names of the subscribers to
the said charter.
In faith whereof. I hereunto sign nv
name, this 18th day of July, 1920.
SCOTT L. BEER,
July 22-Aug. Is
AMENDMENT TO CHARTER OF THE
EREsCENr