The herald., 1921-03-10
CHARTER.

| ANY vacancy occurring in said Board shall
| be filled by the remaining directors In
| the manner provided for in the bylaws
The First Board of Directors of this cor
poration shall consist of Marx Levy. Isaac
s. Lotka and Mrs. Minna Levy, who shall
| hold office until the first Monday IN jan
uary, 1922. and until their succeSsore are
| duly elected and qualified. The Post
Office address of each of said directors Is
| New Orleans. La.
on the first Monday in January. 1922.
| and annually thereafter an election OF
| directors shall be held at the office of the
company under the supervision of two
commissioners to 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 qualified. Each
Board shall elect its own officers, and said
officers shall consist of a President, Vice
president, and Secretary Treasurer. Until
the annual meeting of the stockholders TO
be held on the first Monday in January,
1922, the following shall be the officers OF
the corporation, viz Isaac 5. Lotka,
President: Sfrs. Minna Levy, Nice-president
and Marx Levy, ry-Treasurer.
All corporate elections shall be by ballot.
and a 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.
L
shall be given to each stakeholder by the
Secretary at least fifteen days prior to
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 be 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; with the
consent of three-fOurths "a of the stock
present or represented at a general meet
ing of the stockholders convened for that
purpose after thirty 800 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 as 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 81 commits
sioners to be appointed by the stockhold-
ers at a meeting of the stockholders
convened for that purpose after thirty
500 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 liquidated. 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
poratiOn on the shares of stock owned by
him, nor shall any mere formality in
Y mi "A inn har fha off nf nAart
| this charter null or exposing a stakeholder
to any liability beyond the balance due
| on his stock.
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. at
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. 7O7
| Canal St, n. o. La, 20 shares, $1,000
NJ Marx LEV Levy 1927 1927 PTytania ST., n. o. La.
Prytania ST., N. o. La, 10 shares, $1,000.
| Witnesses: Van Buren, Harris, Hugh
| NJ. Wilkinson.
| A. J. PETERS.
Notary Public
i, the undersigned Recorder of Mort.
! cages, In and for the Parish of Orleans.
State of Louisiana, do hereby certify that
the above and foregoing Act of Incorpora-
uon' OF the Lotka d Company, Inc, was
this day duly recorded in my office, in
| Book 1853. Folio As.
New Orleans, January 10, 1921.
ROBT. SCOTT, by. Recorder.
| A true copy.
New Orleans, La, February 2. 1921.
A. J. PETERS,
Notary Public
Feb. "a to March 81.