The herald. [volume] (New Orleans, La.) 1905-1953, 1921-03-17
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 bylaws.
| The First Board of Directors of this cor
poration shall consist of Marx Levy. Isaac
! = Lotka and Mrs. MinHa Levy, who snail
uary. 1922 and until their SuccessOre are
| duly elected and qualified: The Post
! Ofhce address of each OF said directors Is
| New Orleans. La. 500,
and annually thereafter an election OF
| directors shall be held at the office of the
| company under the supervision OF TWO
| commissioners 10 be appointed by the
| Board of Directors. and the Directors then
| elected. shall take their seats Immediately.
| and shall hold office until their successors
| are duly elected and qualined. Each
Board shall elect its own officers. and SAID
| officers shall consist of President, Vice
president and Secretary Urea Srrer. ntll
| the annual meeting of the stockholders 10
| be held the first Monday in January:
| 1922. the following shall be the officers OF
| the corporation. viz: Isaac s. Lotka.
| President: Mrs Minna Levy, NicepreSident
and Marx Levy, Secretary Treasurer.
All corporate elections shall be by ballot;
and Il 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 name same is registered on the
books of the company.
Written notice of stockholders meetings
| shall be given TO each stakeholder by the
Secretary at least fifteen days prior 10
| 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 he voted in accordance
! with written instructions of the Director
granting same.
ARTICLE V. 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 (3i) Of the stock
present or represented at general meet
| ing of the stockholders convened for that
purpose after thirty 500 days prior notice
| 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 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 affairs
shall be liquidated by three go commits
sioners to be appointed by the stOckhOld-
ers at a meeting of the stockholders
convened for that purpose after thirty
900 days prior notice shall have been
given by the Secretary to each stakeholder.
Said commissioners shall remain in office
. until the affairs of said corporation shall
have been fully hquidated. In case of
/ the death of either commissioner, the
survivor shall continue to act.
ARTICLE VII. No stakeholder in this
corporation shall ever be held liable or
! responsible for the contracts or faults OF
: said corporation or for any further sum
than the unpaid balance due to the cor,
.OratiOn on the shares of stock owned by
[ him. nor shall any mere formality in
I M mi Zlf iAn har fha nffa nf hArfn inc
this charter null or exposing a stakeholder
to any liability beyond the balance due
r on his stock.
4 The subscribers hereto have each written
opposite their names the number of shares
subscribed for so this act of incorporation
: may also serve as the original subscription
list.
|, Thus done and passed. in my office, al
the City of New orleans, on the day
month and year, herein first above written
! in the presence of Van Buren, Harris and
! Hugh NJ Wilkinson, competent witnesses
. who hereunto sign their names with the
. said appearers and me, Notary after read
ing of the whole.
/, (original Signed 1. S. Lotka, 7OI
Canal St, \; o. La, 20 shares, $1,000
Marx Levy. 1927 Prytania ST., n. o. La.
/. % shares, 5000: Mrs. VI. Levy, 1897
: Prytania ST., y. o. La, 10 shares. $1,000
Witnesses: Van Buren, Harris, Hugh
NJ. Wilkinson.
A. J. PETERS.
| Notary Public
| 1, the undersigned Recorder of Mort
/ cages, in and for the Parish of Orleans
| State of Louisiana, do hereby certify thai
the above and foregoing Act of Incorpora
ton. of the Lotka & Company, Inc, wa.
this day duly recorded in my office, il
/ Book 1858, Folio 49,
III New Orleans. January 10, 1921
ROBT. SCOTT, by. Recorder
III true copy.
New Orleans, La, February 2, 1921.
III A. J. PETERS,
Notary Public
Feb. "a to March 81