The herald. [volume] (New Orleans, La.) 1905-1953, 1920-06-03
CHARTER.

in person or by written proxy. 4 ma
GRITTY of the votes cast sail elect.
No stakeholder can ever sell stock of
this CORPORATION without first offering the
same in writing to the other stockholders
through the Board of Directors. at par
value and in the event OF the death OF
stakeholder or of the bankruptcy of Il
stakeholder, or in the event of the diSsO-
luton of, or the appointment of a re
ceiver to, a corporation owning stock i'll
this corporation, or in the event of the
dissolution of partnership owning stock
in this corporation. the right is hereby
reserved, TO the remaining stockholders
TO purchase said stock at its par value.
ARTICLE Win the event of the Ii
quotation or dissolution of this corpora
ton. the stockholders shall elect three
liquidators from among their number at
"A meeting convened for that purpose.
after fifteen To days written notice sent
TO each stakeholder by mail to his last
known address; said lquidatOrs shall
have the authority TO wind up the bust
ness and affairs of this corporation. In
case of the death of Il liquidator, the sur
VivOrS shall appoint Il stakeholder as
successor TO him.
ARTICLE NII.-ThiS Garter may be
modified. changed or altered or said cor
Ioratiun may he dissolved, with the as
sent of stockholders owning two thirds of
the entire capital stock. at general meet
Ing of the stockholders convened for that
purpose, after fifteen Cll days written
notice shall u.jVe been given to each stock
holder. mailed to him at his last known
address.
ARTICLE VIII.--No subscriber for
stock shall ever b" held liable for the
contracts. faults or debts of said cor
pOrItiOn in any further sum than the un-
paid balance. If any, due the corporation
on the stock for which ne has subscribed
nor shall any stakeholder ever be held
liable for such contracts faults or debts
in any further sum than the unpaid bal
ance. if any, on the stock owned by him
nor shall any mere informality in Or@a-
nizatiOn have the effect of rendering any
subscriber or stakeholder liable beyond
the unpaid amount, if any, remaining due
on his stock.
ARTICLE IN.-ThiS corporation is or
gained under the laws OF the State OF
Louisiana. and especially Act No. 261 OF
1914. and the subscribers hereto. for
themselves and said corporation. and Tor
its Officers. directors and stockholders
hereby accept. as part of this charter and
aS conditions of this corporation. all IN,
| rights. powers. privileges and immuni
| ties granted TO corporations. and granted
| to and conferred upon Officers directors
| and stockholders of corporations by said
laws and said act. such acceptance being
| as full. complete and binding as if said
| rights, powers, privileges and immuni
| ties were set forth AT fun length in thi,
instrument.
Thus done and passed in my Notaria
| Office, in the City of New Orleans afOrr
| said, in the presence of George ii. Terri
| berry, and Thomas Joseph DobhinS. com.
| petent witnesses of law-d: age, and reSid
| ing i'll this City, who hereuntO Subscrib,
| their names, together with said partie,
and me. Notary. on the day and date sci
| forth in the caption heroes
witnesses: ThOS. J. DObbins. l.. f
Jung.
| (Original Signcd) Names of subscriber,
! omitted.
| W. W. YOUNG.
| Notary Public.
| |, the undersigned. Recorder of Mort
| cages in and for the Parish of Orleans
| State of Louisiana, do hereby certify thai
| the above and foregoing act of incorpora.
| ton of the Associated Rice Millers OF
America, Inc. was this day duly recorded
in my office in Book 1912. Folio --.
| New Orleans. May 21St. 1920
(Signed) EMILE j. LEONARD, by. Il
| true copy.
| (Signed)
W. W. YOUNG.
| Notary Public.
| June 3-July 6