The herald. [volume] (New Orleans, La.) 1905-1953, 1921-05-26
CHARTER.


on the fourth Tuesday of April 49,. or
annually thereafter. shall not work for
fixture of this charter. but the old Board
of Directors shall remain in oifice 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 hXed in the bylaws OF tins
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 ll-
rectOrS. Three days written office of such
special meeting shall be given 10 the direc-
tors. unless a 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 rs the exigencies of the
case may require.
ARTICLE VII.-The stock Of this cor.
poratiOn may be transferred, provided such
/ transfer shall he recorded on the book,
/ % this corporation before it shall he re
/ quired TO recognize the transfer, or th'
I new holder of the stock.
The total amount of the subscribed stock
as herein set forth. is the sum Of thirt!
/ thousand ($300OOOO) dollars, or three hun
dred 5000 shares. of which thirty thouS
T and $3.50. 900 Ol dollars or three hundred
/ C3CO shares, are hereby authorized 10 b
issued fully paid, for cash, or in eXchang
for property or labor and services rem
dered.
In the event that any stakeholder desire
TO sell his stock, or any part thereof. h
shall first offer same to the remaining
stockholders. in proportion TO their re
/ speCtive holdings at its book value. Tht
offer is to be made TO appear by letter ad
dressed to each stakeholder at his las
known address giving thirty days option
At the expiration of which time. the sat
stakeholder desiring to sell his stock. sha
be at liberty to do so. at whatever price
and to whom he shall please.
ARTICLE vIII-This charter may b
modified or altered the capital stock there
= of increased or decreased. or the corpora
ton may be dissolved with the assent @
wo-thirds of the capital stock present Q
represented at any meeting of the STOCK
holders held for that purpose, after prio
notice in writing to each stockholder. q
mailed to him at his last known postofhc
address, all in accordance with the term
of Act 267 of 1914.
ARTICLE IX.-At the expiration of thi
charter, or the earlier dissolution OF hi
corporation for any cause its affairs sha
be liquidated by one or more liquidator
TO be elected by the stockholders. all {
whom shall hold stock in this corporation
and said liqudatOrs are hereby vested wit
. full power and authority to liquidate III
affairs of said corporation, with full powt
to act uder the terms of Sec. ~ or AZ
267 of 1914.
ARTICLE X.-The said appearers hereb
declare that they have subscribed TO Oh
following number of shares OF the caplti
stock of this corporation. to-wit:
Theodore CiacciO. 1897 Milan Street, Ne
Orleans, La. two hundred and sixty !26,
shares; Anthony ID. Ciaccio, 1887 Mia
shares; Saleh g. Dabdoub, 1920 Mia
, Street, New Orleans. La, twenty (2C
; shares. and the said subscriptions
! Theodore Ciaccio. Anthony Ciaccio an
. Saleh G. Dabdoub, which total the sum {
) thirty thousand ($30.0OO.00) dollars, 9
three hundred shares 1900 in the propo
' ton of twenty-six thousand (S2oOoo.V
! dollars, or two hundred and sixty shar'
I (260) to Theodore Ciaccio, and two thou
. and (s20O0.00) dollars, or twenty y
r shares to Anthony ID. Ciaccio and tv
thousand (S2 OO0.0O) dollars. or twenty C2
q shares to Saleh G. Dabdoub. shall be ful
: paid for and settled by them by the tran
h fer of all the property and effects no
a owned and belonging to the co-partnersh
= | known as Theodore Ciaccio and Compan
= composed of Theodore Ciaccio, Anthony
:, Ciaccio and Saleh G. Dabdoub, an
a curate detailed and itemized statement al
n annexed to be read in connection mel
: with, and the said property was duly a
!, praised by the Board of Directors OF II
20 corporation at the sum of thirty thousa
"A $3.50 O00.O0) dollars.
Thus done and passed at my office
this City of New Orleans, Louisiana, on
r day, month and year hereinabove fl
+ written. in the presence of Nirma Keen
VI and Richard T. Mcbride, competent
er nesses, who hereunto sign their nam
ne together with the said appearers and ]
: Notary, and the said appearers have
jill set opposite their names the number
shares subscribed by them, all after
+ reading of the whole. The nine VOL
= store or stores both retail and who
~ sale" and "or stores" added and int
- lined on page two approved before sis
"A ing.
ID 1ORIGINAL SIGNED):
u Theo. Ciaccio. 260 shares: Anthony
* Ciaccio, 20 shares; Saleh g. Dabdoub,
u shares.
4 Witnesses: Nirma keenan,, r. T.
20 Bride. ,
lie Notary Public
&c /, the undersigned. Recorder of Mo
. cages. in and for the Parish-of Orlea
e State of Louisiana, do hereby certify q
y. ton of the Theo. Ciaccio Company. III
ls was this day duly recorded in my OH
. in Book 1888, folio -, New Orleans, Al
ly jSiGNED) ROBT. SCOTT.
n by. Rec
e, JOHN r. UPTON.
lau Notary Public
as MAY 5-June o.