The herald. [volume] (New Orleans, La.) 1905-1953, 1921-11-10
CHARTER.

cast by the owner in person or by proxy
At such election, no person shall be de
| clared elected who has not received VOC
| of at least twO-thirds of the whole stoci
| issued and outstanding. Failure to cleo
| shall preserve the incumbents in Office uH
til their successors are elected. On tn
first Monday after the first Sunday in May
| 1922, and annually thereafter, the SAT-
board of directors shall organize and shal
| proceed to elect president, ce-presl
! dent and secretary, and to appoint sucf
| agents or other officials or employees al
! the necessities may require.
| ARTICLE V-This Act of Incorporation
| may be changed. altered or modified, oil
the corporation dissolved, with the assem-
| of three fOurths of the stock issued anC
| outstanding at any general meeting of the
| stockholders convened for that purpose
| after five days prior notice has been given
by written notice to each stakeholder, sent
| by registered mail to his last known ad
dress as furnished to the company, and II
| no address Is known, to the general de
| livery of the city where he resides.
ARTICLE VI-Whenever this corpora
ton is dissolved, either by Limitation or
from any other cause, its affairs shall be
liquidated by two commissioners to be ap-
pointed from among the stockholders at a
meeting of the same convened for that pur-
pose after five days prior notice in writing
shall have been given by the secretary to
each stakeholder in the manner herein
above provided. Said commissioners shall
remain in office until the affairs of the
company have been duly liquidated. In
case of the death of either commissioner,
the survivor shall continue to act.
ARTICLE yII-Any and all notices re-
quired by this charter, whether for meet
ings of directors, or of stockholders or
otherwise, or required by law, may be
waived by unanimous consent.
ARTICLE VIII-No stakeholder of this
IL
sponsible for the contracts or faults there
of in any further sum than any unpaid
balance due to the corporation on the
shares owned by him, nor shall mere in
formality in organization have the effect
of rendering this charter null or of expos
ing any stakeholder to any liability be-
yOnd the amount of his stock. The sub
scribers hereto have each written opposite
their names the number of shares sub
scribed for, so that this act may also serve
as the original subscription list.
ARTICLE IX-The names and post office
addresses of the incOrpOrators of this COM
pany and the number of shares subscribed
by each of them are as follows: W. II.
Cowley, New Orleans, La, 248 shares; l..
c. Guidry, New Orleans, La, ! share; /.
j. Stakelum, New Orleans, La, 1 share.
Thus done and passed, in my notarial
Office, in the City of New Orleans, afore-
said, in the presence of II. g. Price and
Louis Guidry, competent witnesses, of
ia"Iul age, and residents of this city, who
hereunto sign their names, together with
said parties and me notary, on the day
and date set forth in the caption hereof.
Witnesses: II. @. Price, Louis Guidry.
ORIGINAL SIGNED:
W. II. COwLEY,
4. Il. THRIFFILEY,
Per w. H. Cowley.
l. J. STAKELUM.
HENRY Z. DART, Jr,
Notary Public.
l. Henry p. Dart. Jr., notary public do
hereby certify that the foregoing is a true
ana correct copy of the original act of in
corporation passed before me, the original
of which is on file in my notarial office.
HENRY P. DART, Jr,
~. - No~ary Public