The herald., 1921-12-08
CHARTER.

paid shares of stock of this corporation
for money, labor, services. property OF
rights actually received by this corpora
ton. and to fill all vacancies That may
occur in its membership. y majority
of the directors present either In person
or by proxy shall constitute quorum
fer the transaction of any business anu
at any meeting of the board any III
rector absent thcrefrOm may be IePIe-
scented by proxy.
ARTICLE VII-Until the first annual
election for directors TO be held under
this charter or until their duly quahneu
successors are elected and Installed the
board of directors of tins corpoIaIon
shall be composed of: Joseph f. Mares
Irving X. Saal. and Roberts {. Milllng'
the post office address of all of whom
is New Orleans La, with Joseph II
Mares, as President. Irving X. Saal as
Vice President and Roberts &. Milling
as Treasurer, and until contrary action
by the Board of Directors all funds de.
posted in any bank to the credit or
this corporation may he drawn out by
checks signed in the name of this cor
pOration by its President.
ARTICLE VIII-This charter may be
amended and the capital stock OF TINS
corporation may be increased or decreas-
ed. or this corporation may be dissolved
and its affairs liquidated in the method
and manner provided by law as now or
| hereafter in force.
| ARTICLE IN-NO stakeholder of this
| corporation shall ever be held liable or
/ responsible for the contracts or faults
| of this corporation in any further sum
| than the unpaid balance on the stock for
| which he has subscribed. nor shall any
| mere infOrmality In organization have
| the effect of rendering this charter null
! or Of exposing stakeholder to any IL
ability other than as above provided.
| ARTICLE N-The capital stock of this
| corporation shall be personal property,
| shall be represented by certificates, shall
he full paid and worcestershire when Is
! sued. shall be issued only for labor done
| or for property actually received, or Tor
cash to be paid at such times and In
| such amounts and after such notice as
may be determined by the board of di-
| rectOrs. No transfer of the capital stock
| shall be binding on this corporation I'M
| less made in accordance with its charter
and bylaws, and recorded on the books
| thereof
Thus done and passed in my Office at
the City Of New Orleans La, on the
day, month and year first above written,
in the presence of Chloe Gallmann and
Joseph +. Hart competent witnesses, who
hereunto sign their names with said APP
bearers and me. Notary, after due read
ing of the whole.
l. Jos. Il. Mares, 4O3 So Peters street,
23 shares.
| . l. r.. saal, 2115 Peters avenue 1
share.
3. II. c. Milling, Whitney Central
building, ! share.
Witnesses: Chloe Gallmann, Joseph Il.
Hart.
Il. II. SAAI., Notary Public.
| !, the undersigned Recorder OF Mort
cages, in and for the Parish OF Orleans,
State of Louisiana, do hereby certify
that the above and foregoing Act Of
Incorporation, of the Joseph Il. Mares.
Inc, was this day duly recorded in my
office in Book 1868, Folio 1863, New Or
leans, November 18th, 1921
.E NlA ARNeN
inal charter In my Notarial records:
New Orleans. La, November 18th, 1921.
X. ii. SAAL, Notary Public.
Dec. Liam. o.