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

the business and affairs of the company:
Any vacancy occurring in said Board shall
be filled by the remaining directors III
the manner provided for In the y.iaws.
The First Board of Directors of this cor
poration shall consist of Marx Levy, Isaac
:. Lotka and Mrs. Minna Levy, VINO shail
hold office until the first Monday IN Jan
uary, 1922 and until their successore are
duIy elected and qualified. The Post
Office address of each OF sald directors Is
New Orleans, La. 100.
on the first Monday in January. 1872;
and annually thereafter an election OF
directors shall be held at the office of the
company under the supervision OF TWO
commissioners to be appointed Dy the
Board of Directors, and the Directors then
elected, shall take their seats 1mmedlately,
and shall hold office until their successors
are duly elected and qualified. Each
Board shall elect its own officers, and SAID
officers shall consist OF President, vice,
president, and Secretary Treasurer. Untll
the annual meeting OF the stockholders 10
| be held on the first Monday In January,
| 1922, the following shall be the officers OF
President; Mrs Minna Levy, Vice-president
| and Marx Levy. Secretary Treasurer.
All corporate elections shall be by ballot:
and a majority of the votes cast shall
| elect, and at all stockholders meetings
held for any purposes, each share of stock
| shall be entitled to one vote, either by
person or by proxy, by the person IN
| whose sname same is registered on the
L
| Written notice of stockholders meetings
| shall be given to each stakeholder by the
| Secretary at least fifteen days prior to
elections by mailing same, postage pre-
paid, to his last known address. ANY
director absent from the City OF New
Orleans, or unable to attend meetings of
| the Board of Directors, may give his
| written proxy to any other Director, and
said proxy shall be voted in accordance
with written instructions Of the Director
granting same.
ARTICLE We This act Of Incorporation
may be changed, altered or modified or
the corporation may be dissolved in any
manner prescribed by law; or with the
consent Of three-fourths (A) Of the stock
present or represented at general meet
ing of the stockholders convened for that
of such meeting shall have been given by
publication In one of the daily newspapers
published in the City OF New orleans, by
five publications during said period. and
such changes as may be made In reference
to the capital stock shall be made In
accordance with the then existing laws on
the subject.
ARTICLE vi. Whenever this corpora
; ton is dissolved, either by limitation OF
: its charter or for any cause, Its anairs
shall be liquidated by three (3) commits
sioners to be appointed by the stockhold'
! ers at a meeting of the stockholders
convened for that purpose after thirty
given by the Secretary to each stakeholder
3 Said commissioners shall remain in offc,
, until the affairs Of said corporation shall
Y have been fully liquidated. In case o
I the death of either commissioner, thu
!, survivor shall continue to act.
ARTICLE VII. No stakeholder in thi
corporation shall ever be held liable o
II responsible for the contracts or faults o
Y said corporation or for any further sun
It than the unpaid balance due to the cor
e poration on the shares of stock owned b.
t him, nor shall any mere formality Il
d organization have the effect of rendering
), this charter null or exposing stockholde
: to any liability beyond the balance du
r on his stock.
n The subscribers hereto have each writte
opposite their names the number of share
subscribed for so this act of incorporation
= may also serve as the original subscriptio
u list.
:, Thus done and passed, in my office, a
y the City of New Orleans, on the da,
y month and year. herein first above writer
e In the presence of Van Buren, Harris an
=, Hugh NJ. Wilkinson, competent witnesse,
!. who hereunto sign their names with tn
- said appearers and me, Notary after read
], (original signedl I. s. Lotka. 20
II Marx Levy, 1927 Prytania ST., N. o. La
n Prytania St., N. o. La, 10 shares, $1,000.
Witnesses: Van Buren, Harris, Hug
Il A.. J. PETERS,
I. the undersigned Recorder Of Nor
cages, in and for the Parish of Orlean
State Of Louisiana, do hereby certify thi
the above and foregoing Act of Incorpors
ton, of the Lotka & Company. Inc. wa
this day duly recorded in my office,
Book 1858, Folio 4S.
New Orleans, January 10, 1921
ROBT. SCOTT, by. Recorde
III A true copy.
New Orleans, La, February 2 1921
Ill A. J. PETERS,
Notary Publ
Feb % to March 2