The herald., 1920-12-30
CHARTER.


3. The remainder of said caDital stock
so subscribed shAI be paid within twelve
n2S months from this date, either in cash
or in property received Lv the corporatioI,
at such value as may be fixed bv the
Board Of Directors and ut such time rs
the Board of Directors NAV determine
IN, ,o,,,ir,l.- 81 III, ,,,tIori.,..l ,co,,
itai mos, frnII, I'm, - I'm H., i.,,od H.,
~ Is,',-5 - hi, -. 80 -, -. ~
~ 3tLr -, IN 80. o.. ,,.,,,,, o., 49,
r'i,od L,, tbi. ,.orr,or,ti,,, NJ .in,iG ,,IIo az,
No.. l., E,-..I L.. IL, - 80 T,fr....t,,..
90
.. No transfer OF the Alplidl STOCK Shhll
BE- mad" except upon ihg books OF THIS cor
pvFallOh upon surrender oil lhr outSjaId
ing c"rtu'air ana pursuant U" Sn'h rul'S
ana r. InIL'loHS as lhr h"3ru Oh i'irr'iof
noIiti,,, of .,iJ .tni.r shrII ~, ma. ~,
any ,torLhoIJ.r yyitbnut first ng,riu.- IN,
-. a. ,,-rftf,.. ,,,r =, ,.,.ri.,I ~, ,lfr,,7 IN
J,,s tLrnu'.E mo rg,arJ nf Uir".r,r. tn
M ntI.r -t,,LLnId.r. .r . ,.ri-,, ,..,r,.I .,
tL,. I.o,L ,.,Ir,. -s .I,,rf L,. III. l..t Ir,.
r.diu,, inventor -
nm, ..;.., .......:..
w. ING ''Ill"I >'o'H OF '"Is ,"rP"r"''o"
nlaA DE- lN,T'aNyu /" SlN A""HI'u '"o"N'""
lH'V""'V'' ""i''IS'
NETICIE " All tI, uoyy.r. of this
corporation shall bee vested iu and cNrr
cIS'd 10y Il Board of not less than tire" nor
more than seven Directors. elected by Tia,
shall bee held on the first Monday of DE
remb"r Of each year. Etrh of th" Dire
tors shall own at least one share OF the
''nl'aI Sl"'" sl"hHih- on ~ book "l ms
.,,,,i i In M Nv" i IrI , 10,
annual "''El.- Sh't" '' nrI' "u I'' "t~
N'"'1f "' i,''''",'' l'-.' UNI" .',.
,i i'i' ", IN ,nu "i''' t"' "''.J" d.
.il> 'H1Ti'r NH"il continue 10 "', g"d "'
lied At ,:lrb annual ,u,,rir.> Of ,b. ,,.,
stockholders. the stockholders shall ,l,..
"a Board consisting OF as MANY Directors
rom ihrry 1" seven as They may drNIr'
~ >""uiu my 'lg'' "SS una" S''tu, l".
I,''',,"' =" ,"t,,u S""'' u4N' tu' power
m I"' i'l'i - ''I' '.'.oyI az
and an ygranri,,s in The Eo,rJ ,,f Uir.,t,r.
may b. HII.d Inv the r.ruaiuiu.r Dirn,tnr-
% a.. ,,tu...,... -. ~. -,..-........., ..
my lIIr, '"L may u' I'PIIISD.l'H ''
written rrnZy IT'Ir.di.,t,ly ar .,s .,,n a..
prg,.fi,.,iIa mr. th,ir nt,'n .In,tf,p ia,
Board of Directors Shall rlrrr "a Pros.
dent q VIC President and , S,rrrt,r,..
Treasurer, Tho failure tn hold mo an
nual meeting and to elect Directors shall
not affect MI, Corporatfon nor jwn,ir il
MANAGEMENT lut the Directors and ,tiir,.r-
III once SHaI continue IN once uH'l in'
S"'''N>"IN are erected
=. The first Board of Directors and OIL
GERS OF this corporation and their postoilir,
addresses are as follows. Marcus salmon.
-N'N 'IitduN' i.t.. l.I''~lA'hl 'NJll'~ KOS
en-. New Orleans, La, Vice President .
Elkin Moses. New Orleans. La. Secretary
Treasurer.
The office of the Sa.ratpr,.- rrr,1suray
mIE 1T ~ tt"' n' ulNlu'd 10y IN" stock
n"tu'lN i ny, 'nr oih'r 1I SECRETARY ana me
C'",' vi ii'"N,'It'' anu III >u'n event. the
G''I'i"IS nee" hot ne Il IH'moef OF the
'o"'".
>. The Board of Directors may make.
amend and repeal all bylaws for the ryI,u
lation of the corporation.
,r,,r,,,,,,,, M,
,tion nI,y bn II,di;rj ,.h,na.J ar ~.
nr ia .,r,,,r,tir - - Jf-,t,'t a.;
.rcnrJ1nrn win tho law NJ tI,is SIN.
= NO,'Cc pL lnt hoIuIhs Vi any H''lH
%I unH sI"INnoiu'IH TOT any Pu' posi- III"
~. ne ""LNrI ny .h' u"auI'''o"S consent "I "
'"e N'o'AhoIu'rS'
;. In case of the dissolution Of the cor
p"ratloh It's ahairS snail ID" Hquldated Toy
one or NOR" HIuldalorN elected by ma
JoIl'H N"Ie OF Ih' Sl"Sh present or ITPI,
Sehlou 5I >3lu Ih'rtIh-' ana N'lu illul
dators Snali nave Such powers Iomp'hSa-
IloHS 'hu "u'ioS as the S'o'h"o1u'IS may
ut''Il iiue'
ARTICLE Vino stockholder shall
ever be held liable for the faults or con,
tracts of this corporation in any fuBthcr
sum than the unpaid balance due to the
corporation on the SHARES subscribed 10y
hIHi' noI SuaI "hA ihtIc ill"Ill'I'F nav
the tHe't OF rendering the chartrr nun or
OF exposing any Stockh0lder to amy ha1ll-
ny beyond the unpaid balance que on MS
STOCK
ARTICLE yITT-Tbo Subscribers hereto
have respectively written opposite their
names the amount Of stock subscribed 10y
them in this corporation. 50 that this act
OF incorporation may also serve Vas the
original subscription Inst Of the corpora
tiOR, and they have stated their po>tOihc"
addresses. 50 as to conform with Act 20
Of 1914.
Tins done asd PASSED at my office. i'm
lana on tho day month and wear herein
first above written, in the presence of J..