The herald., 1921-03-31
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
or to DO 50. 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 OF Sald
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. 5. Smith, whose address Is
43aJ Coliseum ST New Orleans. La: &. A
Gupringcr. whose address is 2039 st Philip
Street New Orleans. La; X. j. BiveS. 40
Octavia St, New Orleans, La; NJ. r
nOnegan. whose address is 26iS Banks St,
New Orleans, La.
OF the foregoing. W. s. Smith shall be
president &. A. Guerinser. yice-preSldent,
and NJ Z. 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 a 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 pOtice has
been given in the manner above provided
10 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 he lqui
dated by three commissioners to bc ap'
pointed at a meeting of stockholders con
vrned for the purpose of liquidation anu
to he elected by Il vote of all the stock
holders. Said liquidators shall remain ~
office until the affairs of said corporation
shall have been fully settled and lqui.
dated. and they shall have full power and
authority to transfer and give title To al
property and assets of the corporation anC
to distribute the proceeds: also. to settle
ny compromise or otherwise. all claims f"l
or against the company. In cas-" of death
disability or resignation of one or more
lqUidatOrS. the vacancy shall be hlled by
the survivor or survivors.
ARTICLE VuI-No stockholder shall
ever be held liable or responsible for thu
contracts or faults of said corporation n
any further sum than the unpaid balance
due on the shares of stock owned by him
nor shall any mere informality in Organi
ZatiOn- have the effect of rendering this
clarter null or of exposing any stock
holder to any liability beyond the amount
dive on his stock.
In order that this charter may also scrv,
as the original subscription list the sub
scribers hereto have Indicated opposite
their respective signatures the number 81
shares of stock subscribed for by each OF
Thus done and passed in my office al
New Orleans. Louisiana. on the day, month
and year first above written. in the pres
cnce of George Perez and Shirley Hon
man. competent witnesses. who have here
unto subscribed their names, together Will
me Notary, and said appearerS after due
reading of the whole.
Witnesses: George Perez, Shirley HOf
man.
WATTS H. LEvERICH.
Notary Public.
!. 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 lncorpOra
ton of the pOHrgan Lumber Company
Inc. was this day recorded in my Office
in book 1898. folio --, New Orleans. La.
March --. 1871.
tSIGNED) ROBT. SCOTT,
Ry. Dec.
| \ true copy.
WATTS X. LENERICH
! Notary Public.
! March Il To April n.