The herald. [volume] (New Orleans, La.) 1905-1953, 1920-03-18
CHARTER.

a President. Vice President. a Secretary
ana Treasurer. The first officers Of
this corporation. who shall hold Office
until the second Monday in March. 1921.
or until their successors shall have been
elected aud qualified. shall toe. Peter
Jung. ST.. President: EldOn ). Lazarus.
Vice President; Meyer EiSrman. Secretary f;
Alexander krauss, Treasurer.
ARTICLE NII.-rhis Charter or Act of
INCORPORATION may be changed. modified,
altered or amended 10y and with the con
sent of two thirds of all Of the OutStand-
ing stock nj any meeting, general or >pe-
cial called for that purpose, subject to
such limitation as may he provided by
law. This corporation shall have the
right 10 increase or decrease its capital
stock. as hrrrinabOve Stf out, and any in
crease Of tn" capital stock to an amount
exceeding that named in Article " as the
amount to which the capital stock may
be increased, may be- made by a three
fOurthS vote of all the outstanding stock.
ARTICLE VIII.-Notice of any and all
me, tingS referred TO in this Charter or
required by law, shall he given in the
manner provided for the giving of no.
tees in case of election. unless the same
shall have been waived.
ARTICLE IX-In case of the liquida-
ton. dissolution or termination of this
Charter, by limitation or otherwise the
affairs of this corporation shall he hqui-
dated by one or more liquidatOrS elected
by the stockholders. who may provide the
number of such liquidatOrS, and who may
vest them with such power and authority
as may by law be permitted, and who
shall fix the terms and conditions upon
which they shall serve, well as their
compensation. and who may provide that
in case OF the disability of any one of
said liquidatOrS Gf tho are more than
Onel ;he remaining liquiddtOrS may iii
the vacancy or continue TO act on behalf
of the corporation.
| ARTICLE Mo stakeholder of this
| corporation shall be liable or responsible
| for any acts liabilities, contracts, debts
| or faults OF this corporation. or of any OF
1 its stockholders. nor shall any mere in
! formalty in its organization have the ef-
| feet of rendering this Charter null or of
| exposing a stakeholder to any liability
| beyond the unpaid balance due on the
| stock held by him.
| ARTICLE nNI.-The subscribers hereto
have writer's opposite their RESPECTIVE,
| names the number of shares subscribed
! to by them and their pOstOflice addresses
/ so that this Charter may serve as the sub.
| Scription list of the corporation.
| Thus dOue and passed at my office IL
| the City of New Orleans. on tn" day
| month and year herein first abov" writ
ten. in the presence 0f Herbert :. Wei
! and George W. SimO1S, competent Wit
| neSscS, who have heTeITto signed thpil
names with the said appearcrs and me
Notary, after due reading az the whole.
(original signed) (Names of subscrib
Witnesses: Herbert $. We'll. Geo. W
| SimOns
/. the undersigned Recorder of Mort
| cages in and for the Pan iSh of Orleans
| State Of Louisiana. do hereby certify tha
the above and foregoing act of incOrpor
| atiCn Of the Canal Investment Company
Inc. was this day duly recorded in m!
| office in Book 1898 Folio .... New Or
| leans. La. March -, 1920.
EMILE J. LEONARD, by. Rec
| \ true copy.
(seall ELDoN S. LAZARUS, Not. Pub
| Mch. 1S-Apr. %.