The herald. [volume] (New Orleans, La.) 1905-1953, 1920-04-15
CHARTER.


ORANGES of said stock, or dealings with re-
gard thereto. shall be subject TO the pro-
visions hereof.
ARTICLE VI-All the powers of this
corporation shall be vested ia and eX-
ercised by a Board of three directors,
which shall be elected annually nj meet
ing to be held on the first Monday in
March of each year (or the next succeed
ing legal day should that De holiday,
after notice given to each stakeholder, by
mail. at least fifteen days before the date
of the meeting. Special meetings of the
Stockk olderS may be called by the Board
~ any time, and notice thereof shall be
given i'm the manner provided as TO an
nual meetings; provided that in all cases,
all notices may be waived by unanimous
consent. Each holder o. stock shall he
entitled to one vote for each share of
stock standing in his name on the books
of the corporation, said vote TO b" cast IN
person or by proxy. and the majority OF
| VOTES east shall elect. The Board of Di-
| rcctors shall have the power to NIL all va
canciCS which may occur or in any man
| ner arise or be created on the Hodrd. even
| though no quorum remain IT the time Such
vacancies are to he filled. Failure to elect
| directors on the day above specified shall
| not dissolve the corporation but the tirec-
| tors then in office shall remain IN Othco
until their successors are elected ana uhal-
| flied. The Board shall elect from their
| number u President Secretary ard Il Vice
| President Treasurer. provided that tho
| Board may elect such other officers lwho
! need not he members of the Board or
stockholders as they think proper or con
venieut for the carrying on of the com
panV'S business, and may combine any
Offices or dispense with the same, and they
shall fix the salaries of all officers, agents
and employees. At any meeting of the
| Board of Directors. any director absent
! from the meeting may be represented ny
any other director who may east the
| vote of the absent director according to
| the written instructions. either general or
-,,I Of nIg a irnRf h9
| of Directors shall have authority TO make
/ and establish, well as alter and amend.
all y-laws, rules and regulations ncceS-
| Sry and proper for the support and man
| agpment of the business and affairs OF TINS
corporation and not inconsistent with this
| charter: and they shall have power To
! authorize the borrowing of money and
| the issuance Of notes and the execution OF
pledges. and generally to do all things
necessary or convenient for the proper car
rving on Of the business of the corpor-
| alton. Until general meeting OF the
| stockholders for election of directors to he
| held in 1921 or until their duly qualified
| successors are elected and installed. the
| Board of Directors shall he composed Of
| the following: Leopold Policeman. post
office address. 500 Canal st. New Orleans;
| Max Policeman 500 Canal St. New or
lrarS: Harry Phillips, 500 Canal st, New
| Orleans.
| OF these. Leopold Feibleman shall he
| Pre- Sident and Secretary. and Max Pebble
man shall be Vice President and Treasurer
| ARTICLE NI.-ThiS act Of Incorporation
| NAV be changed modified or amended, or
| the corporation dissolved. by n vote of two
thirds of the entire capital stock present
| or represented at general meeting OF the
| stockholders convened for such purpose
| after previous notice shall have been given
/ i'm the manner above required u he givcl
at the annual meeting of the corporation.
ARTICLE Wifi this corporation shall
| he dissolved. either nv limit alton or from
NJ oil ar Is
| dated by two commissioners 10 be APP
pointed mt the meeting of stockholders con-
| vened for the purpose Of liquidation. and
| to he elected by the vote of all the stock
holders voting upon parity. Said liqui-
| datOrS shall remain in office until the af-
fairs of the corporation shall have been
fully settled and liquidated. and they shall
have full power and authority to transfer
| and give title to all the property and
assets of the corporation aud TO distribute
| the proceeds. In ease Hf death. disabil-
ity or resignation of ore iquidatOr. the
| vacancy shall he filed by the survivor.
ARTICLE NIII-No StOckhOlder shall
ever be held liable or responsible for the
contracts faults of said corporation in
any further sum than the unpaid balance
due on the shares of stock owned by him,
| nor shall any mere insormaliIy in organi-
| z?tion have the effect OF rendering this
charter } ull or of cXpOSin!: any stakeholder
10 ans liability beyond the unpaid oai-
ancs one On his stock. In order :ha- this
| Scription list, the subscribers hereto have
| indicated opposite their respective sigma
| lures the number of shares of stock sub
| Scribed for by each Of them. There is an
| npXed hereto, to he read in connection
| herewith an accurate. detailed and item
! iZsd description of the property conveyed
| to this corporation in payment Of the sub
| ScriptiOnS to its entire capital stock Of One
| Million 1000. O0OO01 Dollars. the said
| property consisting of the entire assets
| aud liabilities of the mercantile firm and
| partnership of l.. Feibleman < Co., 500
| Canal Street. New Orleans. Louisiana, as
of January 31st. 1920, the same being more
fully shown also by the books of said l..
Canal Street. New Orleans, Louisiana.
which are incorporated herein by refer
fence. Thus done and passed at my nOtarial
| office in the City of New Orleans, State
Of Louisiana, on the day, month and year
first hereinaboye written, in the presence
of Monte NJ. Lemaun and Norma wilkins.
| competent witnesses. who have hereunto
subscribed their names together with me,
Notary, and the said appearers after due
reading of the whole.
Original signed. Names OF subscribers
omitted.
Witnesses: Monte NJ. Lemann and
Norma wilkins. Watts X. Leverich.
Not Pub.
cages. in and for the parish of Orleans,
the Act of Incorporation of the l.. Feible-
man & Co. Inc, was this day recorded in
my office, in Book 1898, Folio -, New
Orleans. 1920.
| tSignedl EMILE 7. LEONARD, d. r.
| 4 true COPY.