The herald. [volume] (New Orleans, La.) 1905-1953, 1922-05-04
CHARTER.
ten proxy. A majority or the votes cast

ten proxy. A majority or the votes cast
shall elect.
ARTICLE VI. In the event of the
liquidation or dissolution of this cOrpOr-
alton, the stockholders shall elect three
liquidatOrs from among their number, at
after fifteen Q5) days written notice
sent to each stakeholder by mail to his
last known address; said liquidatOrs
shall have the authority to wind up the
business and affairs of this corporation.
In case of the death of a liQuidatOr, the
survivors shall appoint stakeholder as
successor to him.
ARTICLE VII. This charter may be
modified, changed or altered, or said
corporation may be dissolved, with the
assent of stockholders owning two thirds
Of the entire capital stock at a general
meeting of the stockholders convened for
that purpose, after fifteen (15) days
written notice shall have been given to
each stakeholder, mailed to him at his
last known address.
ARTICLE VIII. No subscriber for
stock shall ever be held liable for the
contracts, faults or debts of said corpOr-
alton in any further sum than the I'M
paid balance, If any, due the corporation
on the stock for which he has subscribed;
nor, shall any stakeholder ever be held
liable for such contracts, faults or debts
in any further sum than the unpaid bal
ance, if any, on the stock owned by him;
nor shall any mere informality in Organi-
zatiOn have the effect of rendering this
charter null. or rendering any subscriber
or stakeholder liable beyond the unpaid
amount, if any, remaining due on his
stock.
No stakeholder in this organization
can ever sell the stock owned by him in
this corporation, or any part thereof.
without first Offering the same in writ
Oh
the Board of Directors. at its then book
value, who will have the first option to
purchase the same. and in the event of
the death of stakeholder, the right is
hereby reserved to the remaining stock
holders to purchase said stock ut its
then book value.
ARTICLE TX. This corporation is
organized under the laws of the State |
Of Louisiana. and especially Act No. 26I !
Of 1914, and the subscribers hereto. for |
themselves and said corporation and for
its officers. directors and stockholders, !
hereby accept as part of this charter |,
and as conditions of this corporation all |
the rights, powers, privileges and i'm !
munities granted to corporations, and !
granted to and conferred upon officers. |
directors and stockholders of corpora
tons by said laws and said act; such |
acceptance being as full. complete and /
'i;ding as If said rights, powers, priv.
'eGes and immunities We're set forth ut
ength in this instrument.
Thus done and passed In my nOtarial
,ttce in the City of New Orleans afOre-
'aid in the presence If EOlger q. Kohnke
nd Walter Carroll competent witnesses
II lawful age and residing in this city.
Who hereuntO subscribe their Names to-
;ether with said parties and me. Notary,
IN the day and date set forth in the
aption thereof.
Original signed)
(Names of subscribers omitted)
Witnesses:
ANDREW r. MARTINEZ,
HOLGER G. KOHNKE.
w. W. YOUNG.
Notary Public.
!. the undersigned Recorder of Mort
ages in and for the Parish of Orleans
'tate of Louisiana, do hereby certify
hat the above and foregoing act of in
orporation of FOREST & MORO PLAN
'AT1ON. INC, was this day duly re-
Orded in my office in book 1865 folio -
New Orleans, La. March 81. 1922.
ROBT. SCOTT.
Deputy Recorder.
I hereby certify the above and fore
ding to be true and correct COPY of ,
he original act of incorporation of
'OREST & MORO PLANTATION. INC.
Dgether with the certificate of the Re
order of Mortgages. on file and of record
d my office.
In faith whereof I hereunto set my {
and and seal this thirty-first day OF /
larch, A. ID. 1922.
W. W. YOUNG.
Notary Public.
M q