The herald. [volume] (New Orleans, La.) 1905-1953, 1920-04-08
CHARTER

| process shall be served upon the PreSi-
dent of this corporation. or in case of his
absence, upon the Vice President, or. In
case of the absence of both of these Off
GERS, upon the Secretary thereof.
ARTICLE III.-The objects and pur-
poses for which this corporation is eStab-
llShed and the nature of the business To
be carried on by il are declared to be 10
buy and sell the Grant Quick lee Machine
to install machinery in rcfrigerating
plants; TO take agencies for the sale of
Ice machinery; to acquire rights 10 pat
entS and the right TO manufactur" such
machines and generally To do everything
needfui and necessary; 10 buy. sell and
market the Grant Quick lee Machine and
other machines of Il similar character. and
/ to do all things in connection with the
sale and purcha>" OF such machines.
ARTICLE IN.-Thc capital stock of this
I corporation shall Ice five thousand dollars,
divided into fifty iIUl shares OF the par
value of on" hundred $4,000 dollars
'ach. ana may be Increased 10 the sum
of twenty-five thousand tS2I uUUuuI dol.
lars. divided into two hundred fifty t1Iul
shares of IN" par value of one hundred
tSluoub dollars each. and this corporation
i To be 4 going concern when our-halT OF
Ia" capital stock has been subscribed and
ou"-half OF which subscription has been
paid for. Each share Of said stock shall
10" entitled 10 on" 90 vote. either i'm rur
son or 10y proxy. al all general elections
or meetings of the stockholders.
ARTICLE V. No stakeholder shall ever
d"htedn"S>, faults or defaults of this cor
Poratlou. nor shall any mere iuformaIi,y
~ tn" organization Of the corporation
nave the effect of rendering the chartrr
nun or Of exposing the stockholders To
any liability beyond the unpaid balance
II any. on their subscriptions.
ARTICLE VI This corporation shall
have all powers granted 10 such corpora
lions 10y law aud shall hav" the power Ia
contract. sue and b" sued in its corporate
anne. and To own. hold. receive. loan. lease.
pur"ha>" sell AMI convey or mortgage any
ana All OF its effects. or TO hypothcvato its
property ana To do any and all acts and
thlH-S 81 any Kind. nature or description.
as may b" necessary to carry out the Oh
lcct> ana purposes of >aiG business a. it,
interests and conycnirnc,S may require.
ARTICLE NII.-Thc business of this
corporation shall br directed by and vest
"d in Board Of Directors of three mem
hers. two of whom shall constitute a
quorum for tn" transaction of business
ana the said Board of Directors as first
constituted shall he composed of T.. t.
Virgin. Duncan Nrecland and f. A. Virgin
and they shall hold office until the third
Tuesday in March. 1921 and on that day
ana on the same day thereafter each wear.
elections shall he held for Directors at
the principal office of the CORPORATION and
the election shall he held between the
hours of ten and twelve a. IN. Failure Ia
hold an election on the day specified shall
not dissolve the corporation. bur the Iii
rcctOrS shall hold their respective offices
until an election shall he held after thirty
DAYS notice of the time and place thereof
given TO each stakeholder. The said Board
OF Directors. at their first meeting shall
elect from among their number a Pres
ldent. Vic" President and a Secretary
Treasurer, provided. however. that the
Secretary need not he a stakeholder or
member of the Board of Directors. and
any vacancy in that office shall be filled
by the Board. Directors may act either
in person or by proxy.
ARTICLE VIII.-Whenever this corpor-
alton is dissolved either by limitation or
Tor any other cause. its affairs shall be
liquidated by the Board of Directors. who
are hereby vested with full power to sell
any or all assets of the corporation. either
separately or in Il mass. and TO convey
full and complete title thereto and shall
have full power to do and perform all acts
necessary and proper TO fully and COM
pletcly hquidate the affairs and distribute
the proceeds. if any. among the stock
holders of the said corporation TO the
amount of stock held by each
ARTICLE IN.-This act of incorporation
may lie amended. altered and modified or
this corporation dissolved in the manner
provided by law.
Thus done and passed, in my notarial
Offlce. IN the city of New Orleans on the
day. month and year first above written.
in the presence of Amanda G Stechmann
and Ruth VI. Seller. competent witnesses
who hereunto sign their names. together
with the parties hereto and me. Notary
after reading of the whole.
Witnesses: Amanda G. Stechmann. Ruth
VI Seller.
+. Il. Virgin. 75G City Park Ave. New
Orleans. La. n shares: Duncan Vreeland
5O2 Nashville Ave. New Orleans La. -
shares; Edwin a. Virgin, $50 City Park
\. \. MORENO. Notary Public.
Apr. SHAY 13.