The herald., 1921-12-22
CHARTER.

control of the property of this corporation
and shall conduct, manage and use the
same as in their discretion they deem
hest and that is consistent with the oh
iects of the Company and its welfare
and they shall have power % make alter
and annul such bylaws. rules 0nd regu-
lations as they may think proper. They
shall have the further right and power
to appoint such agent, clerks and EN-
plOyees as they deem best ana 10 fix
their salaries, terms Of office and the
right to dismiss them az said Boards
pleasure. and said Board shall have the
further right to determine and fix tho
salaries. if any, of the several Officers
herein provided for.
ARTICLE G.-Thc first Board Of n.rec-
tors and Officers who shall serve until tho
doy of November. 1922. or until their
Successors are duly elected and qualified
shall be J. Ohio Elmer. 20 Neron Place.
New Orleans. La, who shall be president;
Federico S Aguilar. 1888 Nashville Ave
who shall be treasurer; Herbert J. Schulz
ingkamp. 9O4 Pauline street, New Orleans
La, who shall be secretary.
ARTICLE This charter may be al
tered or amended and this corporation
may be dissolved by vote of two thirds
Of all outstanding stock at n meeting of
the shareholders duly convened for that
purpose by the board of directors or by
the president upon the written request
Of not less than twenty-five per cent of
the outstanding stock, after fifteen days
notice UEilIsu 10 tdCu SudEfIOlItES last
known address.
But the capital stock Of THIS corporation
| shall not be decreased by such amend
/ ment to an amount less than the cor
I pOrate Indebtedness. and no amendment
| shall be made changing the objects and
purposes of this corporation without a
vote of all outstanding stock, and the
! capital shall not be increased beyond the
amount originally named as the sum
| to which the capital may be increased
! except by vote of threefOurths of all
outstanding stock.
! Whenever in the judgment Of the board
/ of directors it shall be deemed advisable
that this corporation shall be dissolved,
| the board shall within ten days after the
/ adoption of a resolution to that effect
| by majority of the whole board at any
| meeting called for that purpose, Of which
| meeting each director shall have receiy-
| ed at least three days notice cause no.
| tice of the adoption OF such resolution
| to be mailed TO each stakeholder. together
with a notice of a meeting of the stock
| holders to be held at the office of the
corporation, to act upon the resolution
| so adopted by the board. The stockhOld-
! ers' meeting shall be held at any hour
fixed by the board on the day mentioned
between the hours of 300 a. m. and 3 90
p. m, for the purpose of voting upon
such proposed dissolution.
Whenever all Of the stockholders shall
consent In writing to n dissolution. no
meeting or notice thereof shall be neces-
| sary.
ARTICLE S-whenever this corpora
ton is dissolved by limitation or other
| wise, its affairs shall be Hquidated under
the supervision of three hquidatOrs, elect
ed by the stockholders and chosen from
among the stockholders, which liquidators
| shall be elected at meeting of the share
holders convened for that purpose under
the terms and conditions of Article OF
this charter.
ARTICLE 9.-No stakeholder of this
lromngnV shall no hold liabla ~ ro-
sponsible for the contracts or faults OF
this corporation in any further sum than
the unpaid balance due on shares of stock
owned by him, nor shall any informally
in organization have the effect of render
ing this charter null or of exposing any
stakeholder TO any liability beyond the
unpaid balance due on his stock, nor shall
any informality or irregularity in organ
izatiOn have the effect of rendering any
shareholder liable as a partner.
Thus done and passed in my office in
the city of New Orleans, on the day
month and year first hereinabOye written
in the presence of William II. Norman anC
Irene Liyaudais, competent witnesses
who hereunto sign their names, with tn,
said appearers and me, Notary, after
reading of the whole, and the said ap
bearers have hereunto signed opposite
their names the number of shares of stool
of this corporation subscribed for BY
them.
Original is signed) J. o. Elmer. q
| NerOn Blace. New orleans, snare, L. >
Aguilar 1893 Nashville avenue, New Or
leans, a. shares; II. J. Schulingkamp. 90
Pauline street. New Orleans. l share; o
+. Harang, 5641 Milne street, New Orleans
l share.
CHAS. F. FLETCHINGER.
Notary Public
Witnesses: VIM. II. Norman. Irene Ii
vaudais.
I. the undersigned. Recorder Of Mort
cages, in and for the Parish of Orleans
State of Louisiana, hereby certify tina
the above and foregoing act of incorpora
ton of Central Trading Company, Incor
porated, was this day duly recorded il
my office in Mortgage Book 1868 folio.
New Orleans. November H. 1921.
(Signed) R0BT. SCOTT.
Deputy Recorder
1 hereby certify that the above an,
foregoing to be a true and correct cop.
of the original act of incorporation of Cen
trail Trading Company. Incorporated, nov
on file and of record in my office. a
, witness my hand and notarial seal at Ney
. Orleans, La, this 14th day of November
1921.
CHAS. +. FLETCHINGER.
(SeaD Notary Public
! Nov. 17-Dec. %.