The herald. [volume] (New Orleans, La.) 1905-1953, 1920-04-08
THE HERALD, NEW ORLEANS, LOUISIANA
CHARTER.

be entitled to one vote for each share of /
stock standing in his name on the books /
Of this corporation. this vote to be cast m 1
person or by written proxy. and II snail !
require twO-thirdS Of the stock present or /
represented 10 elect. Failure 10 hoid an /
election for Directors on the last Monday !
of April 1921. or annually thereafter, SHAH /
not work forfeiture of this charter. hut |
the old Board of Directors shall remain ia !
office until their successors are uulN elect |
ed and qualified.
ARTICLE NII-Thc Board of Directors I
shall hold regular meetings at such times
as shall he nNed in the bylaws OF inns
corporation. These meetings shall hc held !
AT the dOmicile Of the corporation, but thr
President may call special meetings "i
the Board of Directors at such times a~
ne may deem advisable. and h" shah b"
required to call such special meetings al
the request of 4 member OF the BOARD OF
| Directors. Three days written notice OF
such special meetings shall b" given To
| the Directors. Any vacancy occurring IN
/ the Board OF Directors. either from death.
resignation or inability To serve, shall u"
! filled by the remaining Board "f Directors
/ at its next regular meeting after >l'h
| vacancy shall have occurred. Tn" first
| Eo,rd of directors of this corporation
/ shall he required to draft suitable bylaws
/ for the government of TINS corporation.
! which may he altered. amended or changed
! as the cNigeucie~ OF the cas-" ma! require
ARTICLE VIII-The stock of this cor
! porHtiou may lee transferred provided
/ such transfer shall b" recorded on the
/ books of this corporation h"ior" II ~haI
! be required 20 r'C0guiZ" tn" transfer or
! the new holder of said stock. Tn" total
amount of the subscribed stock aS herein
set forth. i tn" sum of ten thousand Two
| hundred tSlO. 2uOCOb dollars. or one nun
bred aud two tlu2l shares. which ar" mere
! hv aut horned to br issued iulIE pald Tor
and non -aSS.>~ablc for cash. and IN 'N-
| change. of property. or both. according T"
law In the event that any stakeholder
desires to sell his stock. or any part or
/ norton thereof. he shall first offer same
10 the remaining St"ckhold"TS: ~ promo.
ton to their respective holdings. NJ -
book value, This offer is Ia h" mad" 10
appear by letter addressed 10 each >I"rA-
holder at his last known address. N me
irNpiration of which time. tn" said stock
holder desiring to sell his stock, shan
lac al liberty 10 do 50 at whatever price
aud to whom ne shall please.
ARTICLE IN. This charter may be-
thereof increased or decreased. or thar
irorporation may he dissolved with the ~
sent of two-thirdS of the capital stock
present or represented at any meeting "l
The stockholders held for that purpose.
after prior notice in writing TO rarh Ntorh-
holder mailed to him mt his last known
postOffice address. al in accordance VII"
The terms of Act 26I of 1914.
ARTICLE N-At the expiration of this
charter or the earlier dissolution of this
, corporation. for any cause, ITS aiialr>
shall be liquidated by one or NOR" ilqui-
datOrS TO he elected by the stockholders.
all of whom shall hold stock in this cor
poration. and said liquidators are hereby
vested with full power and AUTHORITY Z"
liauidatp the affairs of said corporation.
with full power to act under the terms of
Section 80 of Act 26I of 1914.
ARTICLE NI.-The appearers hereby
= declare that they have subscribed 10 ihr
following number of shares OF the caPthl
stock of this corporation. to-wlt: Jack
Panno. 624 ST. Philip street, City, one
hundred 900 shares; Joseph NJ. tallo.
1924 Magazine St. City. one 81 share
~
r city. one On share. The subscriptions OF
Joseph VI. Fallo and Charles p. Lamana
; shall be paid for in cash. and the suhScrlp,
r ton of Jack PannO shall be fully pald
, for by the transfer by him of the business
1 conducted by him at No. 62i 81. Phllil
iStreet this City. together with the per
sonal property contained in said premises
, lease. etc and goodwill of said business
etc. an accurate detailed and itemiZed
! statement and description of said property
. being hereto annexed and read in connec'
i ton herewith. and the said properly wa
y duly appraised by the Board of Directors
= at the sum of ten thousand tSlO,OOOOo
dollars.
Thus done and passed at my office, II
: the City of New Orleans, Louisiana. on TN
. day. month and year hereinabove frs
u written in the presence of Jones t. Prov
u ell and Nirma Keenan,, competent wit
> neSseS. who hereunto sign their names, TO
! gether with the said appearers ana ana M Ia
opposite their names the number OF share
: subscribed by them, all after due reading
), of the whole.
4 Witnesses: J. T. PrOwell, n. Keenan,.
?. (Original sivned) Jack Panno. 100 shares
]. Joseph NJ. Fallo, share; Chas. r. Lamani
l. / share. .
st JOHN X. UPTON. Not. Pub
, / the undersigned. Recorder of Mort
a. | cages in and for the Parish OF Orleans
" State of Louisiana. do hereby certify tina
=, the above and foregoing act of incorpora
N ton of the Lamana & Company, Inc wa
~ this day duly recorded in my office l
Book l242, Folio --.
New Orleans. April 9th. 1920.
(SivnedD EMILE ]. LEONARD, by. +
\ true copy. (SealD
JOHN r. UPTON, Not. Pub.
. Apr. SHAY IL.