The herald. [volume] (New Orleans, La.) 1905-1953, 1922-07-20
CHARTER.


of the corporation may require. The
tenure of office of all the employees of
the corporation shall be during the pleas
ure of the Board of Directors. Amy of
the directors shall have the right to APP
point, by written instrument, another
director or stakeholder to act as his
! proxy and in his stead at any and all
meetings of the Board of Directors.
The first Board of Directors shall con
sist of four stockholders, and shall be
/ composed of Joseph BurnSten, Joseph
! GetZ, Bernard Titche and Irving Freud
| berg. with the said Joseph Burnstein as
Secretary Treasurer.
The postOffice addresses of said direc-
tors are as follows: Joseph Burnstein.
! 1874 broadway. New Orleans; Joseph
BERNARD Titche. 1913 Napoleon avenue.
| New Orleans; Irving Freudberg, 1908
Elm street. Dallas. Texas.
ARTICLE VI. The officers of this cor
pOrati0n shall be a, President, and a
Treasurer, and A Secretary, but the of
fees of Treasurer and Secretary may be
united as Secretary Treasurer Joseph
Burnstein shall be the first President {;
Joseph Getz; the first Secretary Treas
urrr. and they shall hold office until
their successors are elected.
ARTICLE VII. In the event of the
liquidation or dissolution of this Corpor-
alton. the stockholders shall elect two
liquidators from among their number, at
after fifteen (lj) days written notice to
each stakeholder by mail to his last
known address; said liquidators shall
have the authority to wind up the bust
ness and affairs of this corporation.
ARTICLE VIII 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 Q5D days
written notice shall have been given to
each stakeholder mailed to him at his
last known address.
ARTICLE IN. No subscriber for stock
shall ever be held liable for the CON
tracts. faults or debts of said corpora
tiOn in any further sum than the I'M
paid balance, if any, due the corpora
ton on the stock for which he has sub
he held liable for such contracts. faults
or debts in any further sum than the
unpaid balance, If any. on the stock
owned by him: nor shall any mere in
formality in organization have the effect
of rendering this charter null or render
ing any subscriber or stakeholder liable
beyond the unpaid amount, if any, re-
due on his stock.
ARTICLE y All sales and other trans
fers of any of the stock of this corpOr-
alton shall be void. unless said stock
shall have been previously offered to the
then existing stockholders through the
a a
and if the board. for said stockholders, |
does not see fit to purchase said stock !
then it shall not be sold at a less price |
pr upon such favorable terms without |
likewise Offering ii to the board at such |
price and upon such terms.
In case of sale or transfer OF stock. |
he then holders of stock of the said |
company shall have the right to pur-
holdings OF stock of the company. This |
provision shall be written. printed or
stamped on each certificate of stock.
ARTICLE IN. This corporation is
organized under the laws OF the state
II Louisiana, and especially Act No. o67
themselves and said corporation. and for
II officers, directors and stockholders.
Hereby accept as part Of this charter and
= conditions of this corporation. all the
lights. powers. privileges and immuni-
les granted to corporations and granted
o and conferred upon officers. directors
nd stockholders of corporations by said
avs and said act such acceptance be-
ng as full, complete and binding as n
aid rights. powers. privilege and i'm
1unities were set forth at length in this
instrument.
Thus Gone ana passed in my notarial
ffce in the city of New Orleans, afore-
aid, In the presence Of Victor X. Kiam I
nd Elsie G. johnson. competent wit
esses of lawful age and residing in this
ny. who hereunto subscribe their names, i
Try, on the day and date set forth in
he caption thereof.
(0riginal signed: Names of subscribers a
mitted) Y
BERNARD TITCHE, Not Pub.
A true copy. q
/, the undersigned Recorder of Mort I
ages in and for the parish of Orleans, :
ate of Louisiana. do hereby certify that \
lie above and foregoing act of incor- a
'ratiOn of Burnstein- Getz. Incorporated. 4
rs been this day duly recorded in my 7
fee in book 1868. folio as 7
New Orleans. La. June IA. 1922.
(Signed) ROBT. SCOTT, by. r.
l hereby certify the above and fore
ling to be a true and correct copy of
e original act of incorporation of
Incorporated, together
it'll the certificate of the Recorder of n
ortgages, on file and of record in my
fee.
In faith whereof / hereunto set my 81
nd and seal this 18th day of June. ii
%. n
BERNARD TITCHE, Ii
Not. Pub. o.
Inc 22-July 81