The herald. [volume] (New Orleans, La.) 1905-1953, 1920-06-10
CHARTER.

firms and corporations, at such times, for
such prices and upon such terms and con-
ditions, as they may deem advisable. This
power to buy and sell. mortgage. pledge,
and dispose of property, real and per
sonal; to borrow and lend money, exc
cute mortgages, notes, bonds and other
evidences of debt, and all powers herein
granted to said board of directors j. TO be
exercised by them without the necessity
Of referring TO the stockholders of the
corporation for special authorization.
Said board of directors shall make all
the rules. regulations and bylaws for tn"
government, control and management of
the business and affairs OF tn" corpora
ton, and alter. amend and change the
same at pleasure.
The following stockholders are hereby
declared to be the first board of direc-
tors of this corporation, all of whom shall
May, 1921. or until their successors shall
have been elected and qualified.
George W. Foster. lO2S Thayer st.
New Orleans; Luke :. BoudrcauN 434
pilzell 232 Vallette ST. New Orleans
Clarence Bennett. 1GlS St Charles ST
New Orleans: Frank J. Bolr, 1914 s. Car
rollton Ave. New Orleans: Henry J Bon
dr"auN, 4'4 Carondelet ST. New Orleans;
Edward \. Parsons SOC whitney Bldg.
New Orleans
Until the second Monday Of Nav. 1921.
or until their Successors shall have been
elected and qualified. the following named
persons are herrIs declared to be the of
fic"rS of this corporation:
George W. Foster president: Iukc =
BoudreauN. vice president: Frank J. BOle
secretary -trca Surer
ARTICLE Vino stOckhOldrr shall
ever be held liable or responsible for the
CONTRACTS or faults of said CORPORATION i'm
any further sum than the unpaid bal
hnc" due on the shares of stock owned bv
INN nor shall any mere infOrmaIitv i'm
organization have the effect of rendering
this charter null or of exposing a stock
holder To any liability beyond the amount
OF his unpaid stock. nor shall any iufor-
mainly or irrcgularity in organization ever
have the effect of rendering any stock
holder liable as a partner
ARTICLE NlIl.-ThiS act of incorpora-
ton shall be changed, modified or altered
or this corporation shall be dissolved
with the assent of twO-thrdS of the stock
of the corporation. present or represented
at general meeting called for that pur-
pose. after prior notice in writing to each |
stakeholder or mailed To him AT his last
known post office address I'm accordance
with law.
At the expiration of this charter. or
me earlier dissolution of this corpora- |
non Tor any cause. its affairs shall bc
lipuidated by one or more IiUuidotors Ia
be elected by the entire stockholders IAN |
OF whom shall hold stock In said com |
pany) and the said commissioners are
:. ~ N'Nt'u WIN Iull power and author |
ity to liquidate the affairs of said com,
pony in accordance with law.
ARTICLE lN.-ThP appearers hereby |
declare that they have subscribed to the
number of shares opposite their names
ana the signatures thereto shall constitute
lhelr original subscription to the capitaI
STOCK OF said corporation in the propor-
tlon set opposite their names
mus done and passed. in my notarial
nlllce' III the city of New DREAMS. on the
nay month and year hereinrfrSt written
ina IN the presence of X. Schwartz and
W. d. kee. competent witnesses who
n'rsuhto subscribe their names. with the
>ald appearerS and me. notary. after dine
reading of the whole
Original signed: George W. Foster
.Wthty shares: l.. s. BoudreauN. twenty
shares; Frank J. Bole. fifteen shares. W
Dilzell, fifteen shares: Clarence Ben
nett fiit"en shares; ii. J. BoudreauN. fiji
cen shares: Henry J. Williams, fifteen
shares, per pro q. W. Foster.
Witnesses:
X. Schwartz.
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