The herald. [volume] (New Orleans, La.) 1905-1953, 1920-06-10

CHARTER.

mined by the board of directors. but after
| ten days nOtice-of such election shall be
| given to each stakeholder by mail sent
! to his last address, or by publication for
| at least three times in ten days proceed
| ing such election. in one of the daily Eng
| liSh newspapers in New Orleans No fail
ure to hold an election shall bc regarded
as a fOrfeitur" of this charter. Any va
canCy in the board of directors shall be-
filled by the remaining directors by ap-
pointing some stakeholder 10 serve for un-
expired term.
The first board of directors ii Il! con
Sist of Sam Ei>man. Columbia Mis-: Al
phon>c Ilaiu"hach. 1854 TrrpSichOrr St.
New Orleans: Jerom" SaiiSman. :I:,Oi
Constance ST. New Orleans. with Sam
EiSman. as president; AIphonSc IIaine-
bach, as vice-prcsidcnt; jerome SaIigman.
as secretary treasurer. who shall serve
until their successors have been elected
and qualified.
ARTICLE Vino stakeholder shall
ever Ice held liable or responsible for the
contract. faults or debts of this corpora
uOn, nor shall any mere informally in
It's organization have the effect of rem
d"rinG this charter null and void or of
exposing stakeholder IL any liability
hrlo th" unpaid halanc" due on the
shares OF stock subscribed for 10y him.
ARTICLE NIII.-This act of inrorpor-
alton may he changed. modified or al
tered. or this corporation may be dis
solved In accordance with the provisions
of section Nos. and y Of act no 2G7
Of the General Assembly of the state of
Louisiana for the year 1914 I'm The event
of the dissolution of this CORPORATION hy
the expiration of its charter or otherwise
us business and affairs shall be liuui-
dated and terminated by three liuuidators
To he selected 10y and from among the
stockholders at the meeting which shall
dccid" To liquidate Such liquidatorS shall
nave the power and authority to settle all
business and affairs of the CORPORATION
In case of death or disability of any of
the SAID hquidatOrS the survivor or sur
NlNorS. shall appoint 4 successor or she
""S>orS. TO him, or them from am0u,- the
stockholders.
ARTICLE 1N.-The subscribers hereto
nav" respectively written opposite their
names the amount of stock in this cor
p"rhtlon subscribed for by each of them
80 that this act of INCORPORATION may aISnI
serve as The original subscription list of
said corporation.
Thus done and passed in my notariaI
offlce. New Orleans, in the presence of
Arthur Miller and Albion L. Middleton
competent witnesses, who have hcreunto
Signed their names with said appearers
ana me- notary public, after due reading
of the whole.
Original signed sam Il. Eisman. bv Al
phonSe Hainebach. - shares: Alphonse
iiaInebach, ~ shares; Jerome Saligman.
share.
Witnesses.
Arthur Miller
Albion J.. Middleton
GABRIEL FERNANDEZ. JR.
Notary Public
!. tn" undersigned Recorder of Mort
cages IN and for the paris of Orleans.
stat" of Louisiana do hereby certify that
me above and foregoing act of incorporg
ION OF the Tropical Bag and Burlap Co.
Incorporated, was this day duly recorded
IN my office in book 1916. folio Is
New Orleans. May ID. 1920
lSigned): EMILE j. LEONARD u T.
y true copy
GABRIEL FERNANDEZ. JR.
June lO-July IL. Notary pub1i,