The herald., 1921-02-03
CHARTER.

mint one or more stockholders to preside
at such election. Any failure from any
cause whatsoever to elect Directors ON the
day named for that purpose SHAH not us
solve this corporation, but the directors
and officers then in office, shall hoid over
until their SUCCESSORS are chosen anu quaii
fled. go
thorized 10 frame and adopt bylaws, rules
and regulations as the affairs ana business
of the company may require, ana IL may
deem necessary for the conducting ana
management thereof, provided, the same
does not conflict with the charter and the
laws of the State of Louisiana, ana those
of the United States of America TO name
and appoint such managers, hN their COM
pensaiion and terms of employment, as
well as name and appoint agents ana en-
ployeeS as in its discretion may seem III
and proper, as well as to fix the salaries
and terms of employment of the oihcerS'
employees, clerks and assistants.
ARTICLE VIII.-The Board of Directors
is specially vested with the power to ac-
uuire and purchase such property or bust
ness or good will, or all of these from IN
dividauls, firms or other corporations, as
said Board of Directors may deem adVls,
able and proper, and at such price ana
on such terms as they deem best, and to
pay therefor i'll the capital stock oI thls
corporation or otherwise.
ARTICLE IX-NO stakeholder shall ever
be held liable or responsible for the con
tracts, faults, or debts of this corporation
nor shall any mere informally in Its or
gauization have the effect of rendering
this charter null, or of exposing Its stock
holders to any liability beyond the uh-
paid balance on the stock owned by them.
ARTICLE N-The names and post office
addresses of the Subscribers 10 these ar
ticlcS of incorporation and the number OF
shares of stock subscribed for by cach, are
rs follows: William j. Salter loo jackson
Ave, New Orleans, La. 100 shares; john
Meyer, 10 City Park Ave, New Orleans
La 100 shares; Joseph Chal0na, ID New
comb Blvd, New Orleans, La, 100 shares
Leon q. Tujague, 22l9 Napoleon Ave- New
Orleans La, 100 shares; George W. DaNl-
son. S24 Felicity St., New Orleans, La, 100
shares.
ARTICLE XI.--Al stockholders meet
ingS for the election of Directors, as above
stated, shall be held after fifteen days
written notice mailed to each stakeholder.
Other stockholders meetings may be held
when ordered by the Board of Directors,
or when requested by at least twenty -hVe
(25) per cent of the outstanding stock.
Notice of all stockholders meetings, other
than adjourned meetings, shall be IN the
manner prescribed for stockholders meet
ingS of the election of directors, unless
such notice is waived by unanimous con
sent.
ARTICLE XII-This charter may be
amended, altered or changed, at special
meeting of the stockholders called for
| that purpOSe-nOtice of which is TO be
| given i'll accordance with the provisions OF
| this charter,-by the vote OF tWo-thlrdS oi
| all the capital stock.
| ARTICLE XIII.-This charter may bt
| dissolved by the vote of two-thirds of al
| its outstanding capital stock, aud upon
| complying with the requirements of sec
| ton Is of Act 267 of the Louisiana Legis-
| latuTe for the year 1914, and in the event
| OF such dissolution, three HquidatOrs shall
| be named and appointed with all the neces
| sary powers and authOrity-all in the man
| ner and as provided by said Legislative act
| Thus done and passed, on the day anC
| date first above written, i'll the presenc,
| of Messrs. William +. ConkertOn ant
Arthur j. Ryan, competent witnesses
domicilated i'll the City of New Orleans
La, who signed these present tOgethe
| with the parties, and me, Notary, after
due reading of the whole, the parties here
| to fixing opposite their respective name
their subscriptions 10 the capital stock o
this corporation, which shall constitute tn
original subscription list of stock i'll thi
corporation.
JOS. CHALONA, 100 shares
| w. J. SALTER, 100 shares.
| l.. q. TUJAGUE, 100 shares.
JOHN MEYER, 100 shares.
| GEO. W. DAWSON, 100 shares.
Witnesses: VIM. +. ConkertOn, Arthur J
Ryan.
EDGAR NJ. Calm,
Notary Public.
1, the undersigned, Recorder of Mort
cages, in and for the Parish of Orlean,
State of Louisiana, do hereby certify tina
the Act of Incorporation of The Fruit Ex
change, Inc, was this day duly recorde
in my Office, in book 1916, folio -. Ne,
Orleans, December, 1920.
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