The herald. [volume] (New Orleans, La.) 1905-1953, 1921-03-17
CHARTER.

or of exposing the stockholders 10 any liza
bility beyond the unpaid balance II any,
on their subscriptions. .
ARTICLE NI.-ThiS corporation shan
have all powers aaanted TO such corpora
tiopS bv law and shall have the power To
contract. sue and Ice sued i'll It, "oFpurai"
name. and to own. hold. receive I""l'
lease. purchase. sell and convey or mort
gaze any and all of its effects, or to hypo-
thccate its property and to do any ana all
acts and things of any other KIND, nature
or description as may be necessary 70
carry out the objects and purposes OF Nald
business. as its interests and conNehlehcts
may require.
ARTICLE VII.-Thc business of this
CORPORATION shall be directed by ana vest
ed in q Board of Directors Of thrc" menu
bers two of whom constitute quorum
for the transaction of business. ana IN"
said Board Of Directors aS nrSt con>tl-
tinted shall be composed Of David =. tor
don. Daniel l.. Williams and George +.
Fcrchaud. and they shall hold office until
the last Monday in January, d.. ana ON
that day and on the same thereafter cavh
wear elections shall be held Tor directors
m the principal office OF the corporation
and the election shall he held between the
hours of ten and twelve a. IN.
David :. Gordon shall be- FIRST president
of this corporation; Daniel Il. Williams,
shall hc first vice-preSid,nt and 6r"r-" +.
Fcrchaud shall be first st"rrtary-trc">Hrrr
and they shall hold Office until the last
Monday in January, 1872.
Failure to hold an election on IN" day
specified shall not di>solv" tn" corporation
hut the directors shall hold their resp'C,
tive offices until an election shall Toe held
after thirty days notice Of the time and
place thereof given to each >torhholdrr.
Directors may act either in person OF
/ by proxy.
/ ARTICLE VIII-Whencver this cor.
! poration is dissolved. either by limitation
( or for any other cause. il affairs shall To-
/ liquidatcd by the Board OF Directors, who
I are hereby vested with full power 70 sci
. any or all assets of the corporation. either
! separately or in mass. and 10 convey
! fun and complete title thereto and shat
: have fun power to do and perform al act
necessary and proper 10 fully and com
plctcly liQuidate the affairs aEd distribute
the proceeds, if any, among the ST0rkhoii
cr~ of the said corporation TO the amoun
. of stock held 10y each.
/ ARTICLE IN-This act of incorpora
tiun may be amended. altered and modified
or this corporation dissolved, i'll the man
nrr provided by law.
Thus done and passed. in my notaria
Office. in the City Of New Orleans, on the
day. month and year first above written
in tn" presence Of Ruth NJ. Seller an'
Gladys l.. Rider. competent witnesses. VIII,
h-rcunto sign their names, together witt
the parties hereto and me, Notary, aite
I a reading of the whole.
. ORIGINAL SIGNED:
! g. T. Ferchaud, 800 Whitney Bank Bldg.
/ New Orleans La, 30 shares: u. Il. vii
liams. 3O6 Whitney Bank Bldg, New or
/ leans. La. ~ shares; u. 5. Gordon. pei
g. T.. Ferchaud. 3O6 Whitney Bank Bldg.
/ New Orleans La, u shares.
Witnesses: Ruth VI. Seller. Gladys Z
. Rider.
\. \. MORENO.
Notary Public.
\ true and correct copy of the orisina
/ now on file and of record in my Office
Recorded in NJ. o. l.. 1888, folio 50. OF
4 Orleans Parish.
y. \. MORENO.
Notary Public.
! Feb u TO March 81.