The herald., 1920-05-13
CHARTER

absence. upon the Vice president, or. m
case of the absence OF both OF tnese VIII
GERS, upon the Secretary Thereon. j
ARTICLE IH.-The objects ana PUT
poses for which this corporation Is esIau
iished and the nature OF the DuslneSS 80 |
be carried on by it are declared No. b
buy and sell the Grant Quick Ice MaChiimo, |
TO install machinery IN reirlSeIHinS
plants; to take agencies for the sale VI
ice machinery TO acquire riEhts 10 p"b
ents and the right 10 manufacture SGom
machines and generally TO do everything
needful and necessary; TO buy, sen anu anu
market the Grant Quick Ice Machine anu
other machines of Il similar characttI' anu
TO do all things in connection with the
sale and purchase of such machines.
! ARTICLE IV.-The capital stock of tins
| corporation shall bc five thousand IoiaIS,
! divided into fifty CjOt shares OF the par
/ value of one hundred (SlOOOO) dollars
! each and may be increased 10 the SUI"
! of twenty five thousand S2o,WOOo) noi-
lars divided into two hundred my NI~I
| shares of the mar value of one hundred
CSIOOO O) dollars each, and this corporation
is to be a going concern Whtn one hah oi
one half of which subscription has been
paid for. Each share of said STOCK Shall
be entitled TO one % vote, either IN per
| or meetings of the stockholders.
| NRTICLE V-No stockholdcr shall ever
be held liable or responsible for the m
, dpbtedn"SS faults OF defaults OF TINS cor
| noration nor shall any mere informally
in the organization of the corporation
have the effect OF rendering the charter
null or OF exposing the stockholders TO
f any liability beyond the unpaid oaiah'e'
\ | il any. on their subscriptions.
= ARTICLE VI-ThiS corporation shall
= have an powers granted to such corpora
. lions by law and shall have the power 10
II contract, sue and be sued III us corp SI.'
: anne and to own. hold, receive, loan. lease
a purchase sell and convey or mortgage any
Y and all of its effects. or TO hNpothtcate IL
10 property and TO do any and all acts an,
ind am re-
10 as may be necessary TO carry out the oh
~ ircts anc purposes of said business as II
interests and ronvcnienceS may require
pr ARTICLE NII.-The business of I'M
n CORPORATION shall be directed by ana vest
r ed in a Board of Directors of three mem
ty h.rs two of whom shall constitute
W. quorum for the transaction OF busiH'S
mr. and the said Board of Directors as nr,
a constituted shall be composed OF r..
". Virgin. duncan Nreeland and +: \; Nlrsn
nv and they shall hold office until the thir
he Tuesday in March, 1921. and on that ia
L | and on the same day thereafter rach yea
~ elections shall be- held for Directors
Id the principal office of the corporation al
a., tbp election shall he held between u
80 hourS of ten and twelve a. m. Failure
,nr hold an election on the day specified sha
I.r not dissolve the corporation. but the L
i,e ! rcctOrS shall hold their respective ot1ic
"a until an election shall be held after thlr
to days notice of the time and place there
am given to each Stockh0lder. The salu b"a
- of Directors. at their first meeting, shj
=, elect from among their number Pre-
rt, ident Vice President and Secretar
n,d Treasurer, provided however, that I
~ Secretary need not Ice stakeholder
w member of the Board of Directors. a
n w any vacancy in that office shall be m
by the BOARD. Directors may act eltl
:, in person or by proxy.
nai' ARTICLE NIII.-Whenever this corp
- -" | alton i dissolved. either 10y Limitation
- | for any other cause. its AFFAIRS Shall
~ Inundated by the Board of Directors,
w. are hereby vested with full power TO
.lIl inf
~ separately or in mass. ana 10 con
III full and complete It'll" thereto. ana 81
u have full power to do and perform all !
80, ! necessary and proper to fully ana &c
,', pletalv Iiauidate the affairs and dlStrlh
W" the proceeds. if any. among the StO
holders of the said corporation TO
this amount of stock held by each.
- s.cu ARTICLE IN-This act Of incOrporal
mr.. mr. NAV he amended. altered and modified
- this corporation dissolved in the man
nted provided by law.
syth Thus done and passed. in my nota
hold office in the city of New orleans. on
AIRY day month and wear first above wrlt
same in the presence of Amanda {. StechH
an and Ruth NJ. Seller competent wltne'
,ffire who hrreunto sign their names. t0ge
an with the parties hereto and me- MOI
not after a reading Of the whole.
ctors witnesses: Amanda e. Stechmann' !
fflces VI Seller.
hirty F. T. Virgin. IJ6 City Park Ave
ereOf Orleans La. II shares; Duncan Nre"l
lnual 800 Nashville Ave. New Orleans; La
Mon shares: Edwin A. Virgin, i56 city
n on Ave New ORLEANS. La ] share.
sue \. \ MORENO, Notary Pub
II he Apr : Nav l2.