The herald., 1921-06-02
CHARTER.

Failure to hold an election for directors
on the fourth Tuesday of April. 1922 or
annually thereafter, shall not work a for
fixture of this charter. but the old Board
of Directors shall remain in office until
their successors are duly elected and quail
fed.
ARTICLE VI.-The Board of Directors
shall hold regular meetings at such times
as shall be fixed in the bylaws of this
corporation. These meetings shall be held
at the dOmiCile of the corporation, but
the president may call special meetings of
the Board of Directors at such times as he
may deem ADVISABLE, and he shall be re-
quired to call such special meetings at the
request of a member of the Board of Di-
rectOrs. Three days written office of such
special meeting shall be given to the direC-
tors, unless waiver of such notice is
signed by the directors. ANY vacancy oC-
curing in the Board Of Directors. either
from death. resignation, or inability to
serve, shall be filled by the remaining
Board of Directors AT its next regular meet
ing after such vacancy shall have occurred.
The first Board of Directors of this cor
poratiOn shall be required TO draft suit
able bylaws for the management of the
corporation. which may be altered, amend
ed or changed as the eXigencies of the
case may require.
ARTICLE VII.-The stock Of this cor
pOratiOn may be transferred, provided such
transfer shall be recorded on the books
qulred to recognize the transfer, or the
new holder of the stock.
The total amount of the subscribed stock,
as herein set forth, is the sum of thirty
thousand (S3O.Oo0OOD dollars, or three hun
dred (3O0) shares. of which thirty thous-
and $50 100000 dollars or three hundred
(3OO) shares, are hereby authorized TO be
issued fully paid, for cash. or in exchange
for property or labor and services rem
dered.
In the event that any stakeholder desires
To sell his stock, or any part thereof. he
shall first offer same to the remaining
stockholders. in proportion to their re
Spective holdings at its book value. This
offer is to be made to appear by letter ad-
dressed to each stakeholder at his last
known address, giving thirty days option.
At the expiration of which time. the said
StOCkhOldcr desiring TO sell his stock. shall
be at liberty to do so, at whatever price,
and TO whom he shall please.
ARTICLE VIII.-This charter may be
modified or altered. the capital stock there
of increased or decreased. or the corpora
ton may be dissolved with the assent of
two thirds of the capital stock present or
represented at any meeting of the stock
holders held for that purpose. after prior
notice in writing to each stakeholder. or
mailed to him at his last known pOstofiice
address all in accordance with the terms
of Act 267 of 1914.
ARTICLE IX-At the expiration of this
charter, or the earlier dissolution of this
corporation for any cause, its affairs shall
be hquidated by one or more liquidatOrs
to be elected by the stockholders. all Of
whom shall hold stock in this corporation,
and said liquidatOrs are hereby vested with
full power and authority to liquidate the
affairs Of said corporation, with full power
to act uder the terms of Sec. 80 of Act
267 of 1914.
ARTICLE X.-The said appearers hereby
declare that they have subscribed to the
n NNW1nlA nf he nf toll
stock of this corporation. to-wit:
Theodore CiacciO. 1887 Milan Street, New
Orleans, La, two hundred and sixty (260)
shares; Anthony ID. CiacciO, 1887 Milan
Street, New Orleans, La, twenty (20l
shares; Saleh q. Dabdoub, 1920 Milan
Street, New Orleans, La, twenty 600
shares. and the said subscriptions of
Theodore Ciaccio, Anthony Ciaccio and
Saleh G. Dabdoub, which total the sum of
thirty thousand ($30,0OOO0) dollars. or
three hundred shares 1900 in the proper
ton of twenty-six thousand S26.OOO.O0)
dollars, or two hundred and sixty shares
(26O) to Theodore CiacciO, and two thOuS-
and (S2,OOOOO) dollars, or twenty COO
(S2OO0.O0) dollars, or twenty COO
shares to Saleh G. DabdOub, shall be fully
paid for and settled by them by the trans
fer of all the property and effects now
owned and belonging to the o-partnership
known as Theodore CiacciO and Company,
of Theodore Ciaccio, Anthony ID.
Ciaccio and Saleh G. Dabdoub an ac-
curate detailed and itemized statement and
description of said property being hereto
annexed to he read in connection here
with, and the said property was duly ap
praised by the Board of Directors of this
corporation at the sum of thirty thousand
$3.50 0O0.OO) dollars.
Thus done and passed ut my Office in
this City of New Orleans, Louisiana. on the
day, month and year hereinabove first
written. in the presence of Nirma Keenan,
and Richard It. Mcbride, competent wit
nesses, who hereunto sign their names,
together with the said appearers and me.
Notary, and the said appearers have also
set opposite their names the number OF
shares subscribed by them, all after due
reading of the whole. The nine words
'stOre or stores both retail and whole
sale" and "Or stores" added and inter
lined on page two approved before sign
ing.
(ORIGINAL SIGNED):
Theo. Ciaccio. 260 shares; Anthony ID.
Ciaccio, 20 shares; Saleh G. DabdOub, 20
shares.
Witnesses: Nirma keenan,, r. t. Nc
Bride.
JOHN r. UPTON.
Notary Public.
I. 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 1ncorpora-
ton of the Theo. Ciaccio Company, Inc.
was this day duly recorded in my Office,
in Book 1858, folio =, New Orleans April
(SIGNED) RoBT. SCOTT.
by. Rec.
A true copy.
JOHN r. UPTON.
Notary Public.
May 5-June 0.