The herald., 1921-03-24
CHARTER

therefor money or stocks or bonds or
other obligations of another individual,
firm or corporation, of any character, with
out referring to the shareholders for pow
er to do so. At any meeting of the Board
of Directors, any director absent from the
meeting may be represented by any other
director who may cast the vote or said
absent director according to the general
or special written instructions of said
absent director. Until the annual meeting
of 1921. the Board of Directors shall con-
sist of: W. S. Smith, whose address is
1905 Coliseum ST., New Orleans. La; G. A.
Gueringer, whose address is 2039 st Philip
Street. New Orleans, La; r. ]. Bives, 415
Octavia ST., New Orleans, La; NJ. f.
Donegan. whose address is 26iS Banks ST.,
New Orleans, La.
OF the foregoing. W. S. Smith shall be
president, c. A. Gueringer, yice-president.
and NJ. E. Donegan, secretary treasurer.
ARTICLE VI.-This act of incorporation
may be modified, changed, or altered. or
this corporation may be dissolved. in the
manner provided by law, by vote of two
thirds of the entire outstanding capital
stock, present or represented. at gen
eral meeting Of the stockholders convened
for such purpose, after previous notice has
been given in the manner above provided
to be given of the annual meeting of the
corporation. The capital stock of the cor
pOration may be increased or decreased by
proceedings in accordance with the laws of
the State of Louisiana.
ARTICLE Wifi this corporation shall
be dissolved. either by limitation or for
any other cause, its affairs shall be liqui-
dated by three commissioners to be ap-
pointed at "A meeting of stockholders con-
vened for the purpose Of liquidation and
TO be elected by a vote of all the stock
holders. Said liQuidators shall remain in
office until the affairs of said corporation
shall have been fully settled and liqui
dated. and they shall have full power and
1nfhnrifE A and n "a
property and assets of the corporation and
to distribute the proceeds; also. TO settle,
by compromise or otherwise. all claims for
or against the company. In case of death.
disability or resignation of one or more
liquidators, the vacancy shall be filled by
the survivor or survivors.
ARTICLE VIII-No stakeholder shall
ever be held liable or responsible for the
contracts or faults of said corporation in
any further sum than the unpaid balance
due on the shares of stock owned by him.
nor shall any mere infOrmality in organi-
cation have the effect Of rendering this
charter null or of exposing any stock
holder to any liability beyond the amount
due on his stock.
In order that this charter may also serve
as the original subscription list the SUBJ
scribers hereto have indicated opposite
their respective signatures the number of
shares of stock subscribed for by each of
them.
Thus done and passed in my ONCE at
New Orleans, Louisiana. on the day, month
and year first above written, in the pres
ence of George Perez and Shirley HOff-
man, competent witnesses, who have here
unto subscribed their names, together with
me Notary, and said >appearers after due
reading of the whole.
Witnesses: George Perez, Shirley Hoff-
man.
WATTS K. LEvERICH.
Notary Public.
i, the undersigned, Recorder of Mort
cages, in and for the Parish of Orleans,
State of Louisiana. do hereby certify that
the above and foregoing Act Of Incorpora-
ton of the Donegan Lumber Company,
Inc, was this day recorded in my office
in book 1858. folio -, New Orleans, La,
March -, 1921.
(S1GNED) R0BT. SCOTT,
Ry. Dec.
A true copy.
WATTS X. LEvERICH,
Notary Public.
March IL to April 81.