The herald. [volume] (New Orleans, La.) 1905-1953, 1920-10-21


discount ---.----.. --''... '.''r'' N''0'''''
Each of the other subscribers TO fully
paid stock Of this corporation. have placed
Il statement Of the number of shares he
has subscribed 10 and paid for in fulI at
these presents.
ARTICLE N.-Thr capital stO-A of this
corporation may Ice increased TO the sum
of NIFTY thousand dollars. All corporate
powers OF this corporation shall be "Ncr-
DiSed by Board of Directors consisting
Of not less than three nor more than SIN
OckhOlderS Three Of whom present or
represented by proxy shall constitute
quorum To transact the business OF tins
corporation. The Board Of Directors shall
elect annually from their number, prrsi-
dent and a Secretary Treasurer. said elec-
tion shall he held on the last Monday of
the month of September in each year, ana
no stakeholder shall be eligible as dir"c-
tor unless he OWNS i'll his own name, iull
paid and unpledged. one share of the capt
tai stock of this corporation, and each
share of stock shall be entitled 10 vote
which vote may be cast by the stakeholder
or by his proxy.
ARTICLE VI.-The charter of this cor
pOration may be amended at a meeting Of
! the stockholders called for that purpose,
| by q vote Of two thirds of all its stock.
| but change Of objects and purposes a.
herein fixed, shall not be made without a
vote of all the stock Heretofore issued.
nor shall any increase in capital stock In
excess of the amount named in this chart
| r. he made without three fuurtLs vote of
| all its outstanding stock. The Board OF
! Directors may call a meeting of the stock
| holders when deemed necessary. but cN-
/ crpt a. to adjourned meetings of the stock
holders. notice of all meetings snail be
| delivered or addressed to each stockholder
! ffteen days before holding such meeting
and 4 list Of stockholders entitled 10 vote
| shall be opened to inspection by the stock
| holders two days before any meeting. The
| stockholders shall have the right of Cumu-
! lative voting at all election of officers or
! directors.
! ARTICLE Vino stakeholder of this
! corporation shall ever be held liable or
responsible for the contracts or faults
! of this corporation nor shall any mer"
| iufOrmality in organization have the effect
! Of rendering this charter null or exposing
any subscriber TO this charter or any other
! stOckholdrr to any liability beyond that
which the law imposes under Act Pa OF
| 1914, under which Act this corporation l.
| organized. and the subscribers hereto for
! themselves aud for this corporation and
| directors, officers and stockholders. here
/ by accept and make part of this charter,
| all rights. powers. privileges and immuni-
/ ties granted to corporations and their ON
! GERS by the said law. though the same
were set out AT large herein. ThSlquida-
! ton of dissolution of this corporation, If
any. shall be governed by the provisions of
| said Act 26I of 1914.
! ARTICLE VII-The subscribers here
! to have respectively written opposite their
! names the amount of the capital stock sub
| Scrihcd 10y them in this corporation. and
| for which they have SeVerally paid for in
! ready and current money. 80 that this act
! of Incorporation serves as the original
/ subscription list of this corporation. and
! they have set forth their post office al
| dress
ARTICLE IN-Until the election to
be held as hereinafter provided, the follow
ing shall constitute the first Board of
| directors. who shall hold office until their
| successors shall have been duly elected and
4.
bourbon Street. New Orleans; Jules lie
Bon 1909 Gov. Nichols St. New Orleans
| Ulysses Laurent, 21U+ Gen. PcrShing st,
| New Orleans; Alice Lowe. 2IO4 Gen. Perish
ing St, New Orleans; Joseph Settler, PIE
/ Banks street. New Orleans. Mrs. Adeline
! Sans BeSSerat. 2O3 Bourbon St, with Leon
Besserat as President aud Jules lie Bon as
Secretary Treasurer.
Thus done and passed, at the City OF
New Orleans, on the day. month and year
herein first above written, in the presence
of Messrs. VIM. II. Ker and X. V. Richard
competent witnesses, who have hereuntC
| signed their names with the said appear
erS and me, notary, after due reading OF
the whole. -
SIDNEY +. GAUTIER.
Notary Public
Witnesses Vim. r. Ker, X. V. Richard.
| (Signed) Leon Besserat. Subscribes tC
U40) shares: J. r. lie Bon, subscribes I,
90 shares; Ulysses Lowe. SubScribeS to o.
share; Alice Lowe, subscribes to G) share
J. l.. Seither. subsCribes to "a share
Aseline ansBesserat, subscribeS to uj
share.
|. the undersigned Recorder OF Mortgages
in and for the parish of Orleans, State O1
Louisiana, do hereby certify that the above
and foregoing Act Of Incorporation, of tht
BesSerat Robes Incorporated. was this day
duly recorded in my Office, in Book 1916
Folio
New Orleans, September 2S, 1920
EMILE J. LEONARD, by. K.
\ true copy.
SIDNEY +. GAUTIER,
(SeaD Notary Public