The herald., 1921-12-22
CHARTER.

ton and the number of shares of stock
which each subscriber is to take In said
corporation, are as follows:
George l.. Marchesseau, Al shares, par
value $4,000.
Asahel w. Copper, 3 shares, par value,
$4,000.
Daniel d. Ewing, 3 shares, par value;
$4,000.
ARTICLE VIII-The subscriptions of
Asahel W Cooper and Daniel ID. Ewing
to the number of shares of the capital
stock of this corporation as above set
forth in Article VII are to be paid for
in cash. The subscription of George l..
MarchesSeau for Al shares of the capital
stock of this corporation as above set
forth in Article VII. * 10 be paid for by
him as follows: For nineteen shares
thereof by the sale and transfer by him
to this corporation of all of his right,
title and interest in and TO the property
and assets of the business hitherto con
Quoted by him under the name of George
L. Marchrsseau, at the price of Nine Hun
dred and Fifty Dollars (S950OO; and
for the remaining twenty-five shares, the
said subscription shall be paid for in ac-
cordance with law.
And there is annexed hereto to be read
in connection with these articles of in
corporation, an accurate and detailed state
ment of the property aud assets of said
business hitherto conducted by said
George l.. Marchesseau, together with a
statement of the value thereof. as ap-
praised by said George l.. Marrhesseau'
Asahel W. Copper and Daniel ID. Ewing,
the directors of the corporation.
ARTICLE IX-Each share of stock
| shall be entitled ITO one vote. There
/ shall be no cumulative voting.
| ARTICLE X-The Board of Directors
| of said corporation are hereby vested
with all the corporate power of said cor
poratiOn, Ncluding among other powers,
| the following. viz: the power to make,
| alter and amend suitable bylaws for the
| government Of said corporation; the
| power to borrow money, execute mort
cages, issue notes or bonds, to sell or
pledge the same, and generally to do all
things pertinent to or necessary for the
objects and purposes of said corporation
| or which are or may be permitted by the
laws applicable to corporations, the above
recital of powers granted TO the Boar'
Of Directors not being exclusive, the In
tention being to vest the Board or Direc
tors with all such other and further pow
ers as may be proper to accomplish tn
objects and purposes OF said corporation
Stockholders meetings for the election
Of directors of said corporation shall b.
held annually on the second Monday
January of each year beginning with tn
year 1923. The Board of Directors name'
in this charter shall hold Office until SAT-
second Monday in January, 1923, or unit
their successors are duly elected an
qualified Failure to elect Directors o
to hold an annual meeting on the da!
specified in this charter will not dissolv
the corporation, but the Directors the
I'm Office shall remain In Office until thei
! successors are elected and Installed.
ARTICLE XI-The President and Vice
President, the Secretary and Treasure
shall be authorized to receive service o
all legal process.
Thus done and signed in my Office i
: the City Of New Orleans, In the presenc
of George H. wygant and Frank II
| wit
city. who have hereuntO signed thei
names with che said appearers and mi
e notary, on the date and day first abov
= written, and the subscribers do hereD
+ subscribe for and agree to pay for tn
/. number Of shares set opposite thei
e names.
: ORIGINALLY sIGNED):
n Geo. l.. Marchesseau. 1913 N. Roche
{ blave Street. A shares.
: A. w. Cooper, 1919 valence Street, Me-
: Orleans, La, 3 shares.
e d. d. Ewing, $3.50 Richardson Cour
:. CHAs. F. FLETCHINGER,
4 Notary Public.
= Witnesses: G. Fl. wygant and Fran
3 II. Ames.
v cages in and for the Parish OF Orlean
d State of Louisiana, do hereby certify th
8 the above and foregoing Act OF Incorpo
h alton Of George l.. Marchesseau, Inc, WI
l. this day duly recorded in my office. 1
Il Guiding the statement of the value OF u
d property and good will given In paymei
r of subscriptions OF stock Of said corpor
3: ton as set out In said charter, as a
/. praised by the Directors annexed to sa
2 Act Of Incorporation, in Book 1858, fol
= New Orleans. La, December -. 1S2l
H. (Signed) ROBT. SCOTT,
?. Deputy Recorder.
u A TRUE COPY:
Chas +. Fletchingcr,
m Notary puhlic