The herald. [volume] (New Orleans, La.) 1905-1953, 1921-11-17
CHARTER.

cast by the owner in person or by proxy.
At such election, no person snail De de-
clared elected who has not received vote
Of at least twO-thirds of the whole stock
issued and outstanding. Failure to elect
shall preserve the incumbents in office UNI
| til their successors are elected. On the
| first Monday after the first Sunday in May
1922 and annually thereafter, the said
board of directors shall organize and shall
proceed to elect president, vlce-presl-
dent and secretary, and to appoint such
agents or other officials or employees as
the necessities may require.
ARTICLE V-This Act of incorporation
may lie changed altered or modified or
| the corporation dissolved, with the assent
of three fOurths of the stock issued and
outstanding at any general meeting Of the
stockholders convened for that purpose
after five days prior notice has been given
by written notice to each stakeholder, sent
by registered mail to his last known ad-
dress as furnished to the company, and if
no address is known, to the general de
livery of the city where he resides.
ARTICLE VI-Whenever this corpora
ton is dissolved, either by limitation or
from any other cause, its affairs shall be
liquidated by two commissioners to be APP
pointed from among the stockholders at q
meeting of the same convened for that pur-
pose after five days prior notice in writing
shall have been given by the secretary TO
each stock holder in the manner herein
above provided. Said commissioners shall
remain in office until the affairs of the
company have tscn duly Hquidated. In
case of the death of either commissioner,
the survivor shall continue TO act.
ARTICLE NII-Any and all notices re-
quircd by this charter. whether for meet
ingS of directors, or of stockholders or
otherwise, or required by law, may be
waived by unanimous consent.
ARTICLE VIII-NO stakeholder of this
corporation shall ever be held liable or re-
SpOHSible for the contracts or faults there
of in any further sum than any unpaid
balance due TO the CorpOratiOa on the
shares owned by him, nor shall mere in
formalIty in organization have the effect
of rendering this charter null or of expos
ing any stakeholder to any liability be-
yOnd the amount of his stock. The sub
Scribers hereto have each written opposite
their names the number Of shares sub
scribcd for, so that this act may also serve
as the original subscription list.
ARTICLE IN-The names and post office
addresses of the incorpOratOrs of this COM
pany and the number of shares subscribed
by each of them are as follows: w. III.
Cowley, New Orleans, La, 2iS shares; l..
I. Guldry, New Orleans, La. ! share; /.
J. Stakelum, New Orleans, La, / share.
Thus done and passed, in my notarial
Office, in the City of New Orleans. afOre-
said. i'll the presence of Ii. G. Price and
Louis Guidry, competent witnesses, of
lawful age and residents of this city, who
hereunto sign their names, together with
said parties and me notary, on the day
and date set forth in the caption hereof.
Witnesses: II. G.. Price, Louis Guidry.
ORIGINAL SIGNED:
W. II. COWLEY.
+. Il. THRIFFILEY,
Per w. III. Cowley.
/. J. STAkELUM
HENRY L. DART, Jr,
Notary Public
l, Henry p. Dart Jr, notary public, do
hereby certify that the foregoing is q true
and correct copy of the original act of in
corporation passed before me, the original
of which is on file in my nOtarial office.
HENRY p. DART, Jr.,
Notary Public.
Oct. l3-Nov. IL.