The herald., 1921-01-06
CHARTER.

point 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 shall not dis
solve this corporation. but the directors
and officers then in office, shall hold over
until their successors are chosen and guam
fed.
Said Board of Directors is further au-
thOrized TO frame and adopt bylaws, rules
and regulations as the affairs and business
of the company may require, and 1t may
deem necessary for the conducting and
management thereof, provided. the same
does not conflict with the charter and the
laws of the State of Louisiana. and those
Of the United States of America; TO name
and appoint such managers, fix their COM
pensation and terms OF employment, as
well as name and appoint agents and en-
ployees as in its discretion may seem nj
and proper, as well as to fix the salaries
and terms of employment of the officers.
employees, clerks and assistants.
ARTICLE VIII.-The Board of Directors
Is specially vested with the power to ac-
quire 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 advis-
able and proper. and at such price and
on such terms as they deem best and TO
pay therefor in the capital stock of this
corporation or otherwise.
ARTICLE IX.-No stakeholder shall ever
tracts, faults, or debts of this corporation.
nor shall any mere infOrmality in its or
ganiZatiOn. have the effect of rendering
this charter null, or of exposing its stock
holders TO any liability beyond the I'M
paid balance on the stock owned by them.
ARTICLE X.-The names and post Office
addresses of the subscribers TO these ar
ticles of Incorporation and the number of
shares of stock subscribed for by each. are
as follows William J. Salter, 1913 Jackson
Ava nrl. n chs Inn
Meyer 10 City Park Ave, New Orleans.
La. 100 shares; Joseph Chalona, 10 New
comb Blvd. New Orleans, La, 100 shares
Leon q. Tujague, 22l9 Napoleon Ave-, New
Orleans, La, 100 shares; George W. Davi-
son, S24 Felicity ST., New Orleans, La, 100
shares.
ARTICLE Mai 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 five
(2J) 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 he
amended, altered or changed, at a special
HtttlHS OF tHe STOCKHOLDERS called Tor
tnat purp0Se-n0tice of which is TO be
given in accordance with the provisions of
this charter,-by the vote of two-thirds of
all the capital stock.
ARTICLE XIII.-This charter may be
dissolved by the vote of two-thirds of all
It's outstanding capital stock. and upon
complying with the requirements of sec
ton % Of Act 267 of the Louisiana Legis-
lature for the year 1914. and in the event
of such dissolution. three liquidators 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 and
date first above written, in the presence
of Messrs. William +. Conkerton and
Arthur j. Ryan, competent witnesses
domicilated in the City of New Orleans
La. who signed these present together
with the parties, and me, Notary, after a
due reading of the whole, the parties here
to fixing opposite their respective names
their subscriptions to the capital stock of
this corporation, which shall constitute the
original subscription list of stock in this
corporation.
JOS. CHALONA, 100 shares.
W. J. SALTER. 100 shares.
l.. g. TUJAGUE, 100 shares
JOHN MEYER. 100 shares.
GEO. W. DAWSON, 100 shares.
Witnesses: VIM. T. Conkerton, Arthur ].
Ryan.
EDGAR NJ. Calm,
Notary Public
1, the undersigned, Recorder of Mort
cages, In and for the Parish Of Orleans.
State of Louisiana, do hereby certify that
the Act of Incorporation of The Fruit EX-
change, Inc, was this day duly recorded
In my Office, In book 1915, folio =. New
Orleans, December, 1920.