The herald., 1920-10-28

W, valuation on a." basis Of re. -,..,.
discount ......... ..... -......-.. - ,Vt'VD
Each of the other Subscribers 10 fully
paid stock of TN, corporation. hdv" placed
q statement OF the number 81 shares Do"
has subscribed To aud paid for IN iuu At
these presents.
ARTICLE \ The capital Sto.t of this
corporation may be- Increased TO ia" sum
of NIFTY thousand dollars. All corporal"
powers OF this corporation shall %" ever
rI~,d hy a Board OF Directors consisting
ui not l.~< than three nor NOR" than SIN
o,hholdrrS Three Of whom present or
represented by proxy shall constitute q
quorum To transact a." business OF THIS
corporation. IN" Board of directors shall
elect annually from their number. Ir'Nl
dent and a Secretary 7 treasurer. SAID cleo.
ton shall br held on the last Monday "t
co." month of September III each year, ana
no sta, holder shall bee eli -Ihlr 49, "A dlr'r.
tor unless he owns ia his own name. nun
paid and uupl-dG'd. UU" share OF the 'apl.
tai stock OF this corporation. and each
share ot stock shall b" entitled To- Nut"
which vot" may bc cast 10y thu stakeholder
ARTICLE Vi The charter Of this cor
poratiou may bee amended al Il meeting OF
the. stockholders called for that purpo>'.
10y Il Vot" Of two thirds of all it, stock,
hut a change OF objects aud purposes a.
herein fixed. shall not hr made without Il
vote of all the stock heretofore issued
nor shall any Increase III capital STOCK IN
]
r. Ice made without three fourthS Yot" OF
| all it, outstanding stock. The Board OF
| Directors may call meeting 81 the STOCK
| holders when deemed necessary. but "N-
! crpt a. 10 adjourned meetings of the stock
| holders. notice OF all meetings shall BE-
delivered or addressed to each stakeholder
! fifteen days before holding such meeting.
| and list of stockholders entitled TO vote
| shall be opened to Inspection by the stock
/ holders two days before any meeting. The
! stockholders shall have the right of Cumu-
| Iatiyc voting at all election of officers or
] directors.
! ARTICLE Vino stakeholder OF this
I,OruoratiOu shall ever be held liable or
| RESPONSIBLE for the contracts or faults
| of this corporation nor shall any mer"
informally in organization have the effect
/ of rendering this charter null or exposing
| any subscriber TO this charter or any other
| St0rkholdcr To any liability beyond that
| which the law imposes under Act 2bt Of
! 1914 under which Act this corporation L.
| organized. and the subscribers hereto for
/ Themselves and for this corporation ana
| directors. officers and stockholders. here
| by accept and make part OF inns charter,
! all rights. powers, privileges ANA lnnuul-
ties granted 10 corporations aud their ON
| GERS 10y the said law. a. though the same
! were set out at large herein. hSnqulda-
I tion Of dissolution OF this corporation. If
any shall be governed by tn" provisions Of
( said Act 261 OF 1914
! ARTICLE VHI-The subscribers here
names the amount Of tn" capital stock sub
| scrbed by them in this corporation. and
| for which they have seycrally 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 oftice ad
dress.
| ARTICLE IN-Tntil the election TO
Ia" held aS hereinafter provided, the folio"
| ing shall constitut" the first Board of
! Directors who shall hold office until their
successors shall have been duly elected and
qualified namely: Leon BesSerat 2ui
| Bourbon Street, New Orleans, jules lie
| Bon 1909 Gov. Nichols ST. New Orleans
| Ulysses Laurent. 21Ui Gen. PerShing St,
| New Orleans; Alice Lowe. :I04 Gen. Perish
! ing St. New Orleans, Joseph Settler, 2llI
/ Banks street, New Orleans; Mrs. Adeline
Sans BeSserat. 2O3 Bourbon St, with Leon
Besserat. as President and 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 Il. Ker and n V Richard
competent witnesses, who have hereunto
signed their names with the said appear
erS and mo, notary. after due reading OF
the whole.
SIDNEY +. GAUTIER,
Notary Public
| witnesses VIM. Il. Her X. V. Richard.
(SigncdD: Leon Besserat. Subscribes ia
uiOl shares: J. r. lie Bon. Subscribes L.
~ ShdTts' Ci) HeS LaoNt' Suu>' NUS W W
share; Alice Lowe. subscribes TO OD share
IL. l.. Seither, subsCribeS TO Cd share
ALeline Sans BeSserat subs"ribeS TO On
share.
I. the undersigned Recorder OF Mortgages
in and for the parish of Orleans, State OF
Louisiana, do hereby certify that the above
and foregoing Act of Incorporation. Of the
BesSerat Robes Incorporated was this day
duly recorded in my office, in Book 1916
Folio
! NrN Orleans Scntembcr N 1920
EMILE J. LEONARD, by. K.
4 true copy.
SIDNEY +. GAUTIER.
CSeaD Notary Public