The herald. [volume] (New Orleans, La.) 1905-1953, 1921-12-15
cHARrs,

f ~ Orleans and ii = I'd M
the Titn rssiSing. and q
H%fb5 siss pers SoSIsiaattsr r.
declare that are, are und :ss,s,,
ntiT tive to Is. Of th the Ing, tl:Ss
and aGe especisllSSf g,asniaatisS% Y
avs inIs State dufiussa s :, GsasaI
ing ing in I''ttshfi this a., thereby y, ~ l
a an, OF 1914, they hot, other S,s
their heirs 20 si1 nd 'seals,s'%
t ny form then,sssisstis Z
'V AR Tor the objects' s socc,'ss
corporation SHAH Ihe nan. ,,pe
s srnl stock shall /. said eStS,,'l
GRANTED by the ls .e psyabl.".s. y,
ARTIcri I corpos n ~ u
OF OF this eOrporatIarnA e O6jsct =.
t to be a, the b usilSSs9 an, a's tsd.
ottly G pdws. auisao IN s&'
trieal charges snS tie ~
vehicles etas snS +. tor Siss, y ~
any an business incjSIasaiiiy tie a.,
50 doing !"t The out t. o. aid S ss's
power to purchsssp v ,ssla IN
or dispose Of a an !, kinds asi 4.
ARTICLE Ill., II rs plea'Ss
capital stock Of MI Inc p'sss
Of i $1,000 into s,ol 100 slsfss' q 4,
Whole Who'll or fractional &c Serutas
or r' properly oISSt shan "a Be payssts y
or this state "'VOfdance Va
tai stock V Of ,h to which u.
creased tp s is hereby dSSIEssrasst ~
10 be Represented SS ~ Cd %
IN 1i cs saiee Of $1,000 escb !" y seS
sented by eertifcs a nevis. ,.s
porati0n is to BE- canI stoet ~
CORPORATION shan , e"n rSt
now provided by l ssO@nene a.
Each share q I stsc.
holder thereof to Os ssV Sa.. 'lal a.
personally or BY V ws,, sote to h 3.
fractional Tactic. share shan f''s s, s,'l
thereof to such frsct"0,S1a uis .
Of stock '! his fsss.' \
ARTICLE Iv-Ths al,
be partially or eonSI,i ss,o ! stsct Il
being being a condition aT ursSsaan,I a'gs
ultlon under which tS M s. ~
poration is subscribssI s 10. ~
s srGSS presently subscribed !, y
subscribed 81 Sain or issued sIsI =
OF being negotiated D ia. = ~
mortgaged, nor SHAH ~ w'o y. ny
acquired under any v II ~ q Z
gage or hypOthecatiOaS n y. Hn
cepting first such Ia MI !. wa "a
gage or hypothecatiop ~ M
stockholders Of this es ~ sssaH
ing assembled, al = '' p...I :
called for that purpOs. . ~
meeting three-fOurths Il "a a, y. "a
IN number and amount H.. ~ s "a
aoly upon, and especi,,l, ~. ~ y
,nSe neg pledge. pawn ' > ~
.ne whole to be evidences s' y I
certified copy Of the MINT, NY !,
ing, bearing the seal Il M ~. =.
The said stock SHAH o.l, :
or eonditionally the suSjstt ! : !
transfer, and no stoei ~ /. Y
scrieed for or issued Or -.
scribed for or issued, .s,I, - Il
made the subject Of mk !, = NY, -
cept solely after the subsriS. NJ !.
snail first have Offered h, y
stockholders and owner. A., II ~
owning the balance Of a. NJ. J,
corporation, the stock vhks 4
stockholders and owner, An ~.
offer must be in writing ana =
OF thirty days, addressed d An :.
ton and to the stoekho1sr !
upon the stock ledger o. siSst n
records.
1t is further conditioned a, ~,
precedent to any sale Ia. d, Z, /
sale OF such stock shah b.alm
exceeding the book yilup a "A
as shown by the books q a. n-r'I
at the time Of Its incspdar, 4 p
within one year, or Is sksn M
OF the corporation at tie mi ".
annual meeting, Il Offered al,s 4 n
meeting, and at which price M 4
term any or all Of TIE erI,.n
holders shall be entitled % p,rip I
whole or their proportioat par :
within the said term q tkhu MI
These provisions and crniiiu
sale, transfer, resale. nortps hn \
pledge or hypothecstion b IND
all Of the subscribers II tiii urn
on their own behalf and o. b, VI :
their heirs, assigns aud Rrzya
is accepted by them Is n,trI \
sion and condition Of tie nhU5.l
the stock In this coDsrsiit
| ARTICLE V-No sioekhlis I / +
corporation shall ever b VI Nd
responsible for the faElis q xhk
this corporation In any funix mt {
the unpaid balance due The mrnsi'
the shares subscribed By n NJ
any mere informally In IL rp1zs
of this corporation have he DIST
dering this charter null " an
stakeholder or subscriber !, y ~
beyond the amount unpM ~
stock.
ARTICLE vI-The donIdR kaAsH
pOration shall be In the G1 I w
leans, State Of Louisians, al i -
or other legal process shG \ ~
the president Of this ecrpenlx
his absence on any other eflEf
now authorized By law 70 nzn I.
ARTICLE yII-fhis rcpcrM
exist for a term Of ninetT.liii ~
less liQuidated prior thers1 Z
provided by Act 81 Of TIE Sms
isiana OF the year 1914
| ARTICLE vIII-All eor7eEua
of this corporation shall b assn
Iy by and through q Board Z !
to be composed Of not - -
nor more than fifteen stssilalan
said directors shall have ne ~.
in person or BY written lrsg
GERS of the said board SAL ~
dent, a vice-president and =
a treasurer, and more than % =.
be held by one member o w
Directors.
The OFFICERS for the enrilg y
be elected Immediately l'lsr
sage of this Act Of lnt'ils
shall hold Office until 0.io y 4,
until their successors shall y 49, ~
and qualified. the an1ul ~
meeting Of this eorpofsueA ~ e I
on the LIST day Of October . 51 = 4
cepting when said day ga.
non. in which event The gay 49, 4, |,
be held on the next follos s', sr,'
sueh date as may be hsrsailss -
as an adjourned date o. ~
called. All elections ore ~. y : a 4
and a majority Of votes az n n
each share Of stock = sa..t 4 ~
thereof to one vote. vnes ..l.,'l y
by proxy. and each ii.e. NJ 81
entitIe the owner thereto - ~, 3 /
vote as his said fraction"
one whole shsre. :. .s,n \
ARTICLE Ix-All cher ,,.s ~, .
by two officers Of THIS eo s,'.s u =
contracts shall be u wiz