The herald. [volume] (New Orleans, La.) 1905-1953, 1920-07-22
CHARTER.

ton. but the Board and officers shall con
tinue to hold their positions until thelr
successors are elected. Any vacancy oc-
curing in the Board shall be tlileu Dy
majority vote of the stockholders, at a
special meeting called for that purpose
which meeting shall be Immediately calleu'
should majority OF the Stocknoiiuers 50
request. The power to fill vacancies may
from time to time. be vested in the Board
by the stockholders. at an annual or spe-
cial meeting. Until the annual eleCtlon III
1921 the following persons shall compose
the Board of Directors: Harris Lyman
David H. March, Paul Killing, Alex ny
man and Or. J. W. Newman. Until the
annual election. the following persons
Shall be officers of the corporation: Har-
riS Hyman. President; David II. March,
Vice President; Paul Killing, Secretary
ARTICLE VI-Whenever notice is re-
ouirpd by law or by this charter TO be
given, the same may he given IN person OF
al the address recorded with the Secre-
tary. or at the last known address OF the
person concerned. Twenty four hours no
tice will be sufficient for all purposes, I'M
less otherwise provided by law, or other
wise specifically provided by TINS char,
ter Ans and ali such notices required
may be waived by written or geographic
consent of the stockholders or directors.
ARTICLE NII.-This charter may be
changed modified. altered and amended
with the assent of the majority OF the
stockholders and the corporation may be
dissolved by twO-thirdS of the stock. AT
"A meeting OF lhe NlOthlbiu'INs N'h'ti'h
for that purpose, after notice, as provided
ia this charter. or as IS rC-ui ED by law.
ARTICLE NIlI.-GpOn the termination
of the charter or the dissolution of the
corporation. its affairs shall be liquidated
by three commissioners, elected or ap-
pointed in the manner provided by the
laws of Louisiana now or hereafter IN
force. In the event of death. resignation,
or removal Of any said commissioners. the
survivors or survivor shall continue to
act with all the powers and authority OF
the full body. said commissioners shall
be- vested with power and authority to do
all things necessary or permissible under
the powers conferred on them by their
appointment, or under the law. to. wind
up the business of the corporation, to sell
and convey its property nj private or pub
lie sale. to reduce its assets to money and
distribute same among its stockholders
and to liquidate the corporation.
ARTICLE lN.-NO stakeholder shall be
held liable or responsible for the con
tracts or faults of this corporation in any
further sum than the unpaid balance due
to this corporation on the shares owned
by him. Nor shall any infOrmality in or
gauiZatiOn have the effect of rendering
this charter null. or of exposing the stock
holders To any liability beyond such un-
paid balance.
Thus done and passed at my office in
lana, in the presence of ID. ii. March and
Paul King. competent witnesses. who
have signed these presents with the said
appeareTS and me, Notary, after due read
ing of the whole.
Witnesses: u. ii. March, Paul King.
(SignedD. Harris Hyman.
(Signed) HENRY =. DART. JR., Not. Pub
y true copy. (Seal)
(Signedl HENRY Z. DART JR., Not. Pub.
July l-Aug. >.