The herald., 1922-07-06
CHARTER.

amounts and manner as the board Of di-
rectors may determine.
8. The capital stock may be increased
to Five Hundred Thousand Dollars $780,
100000.
ARTICLE V. 1. All the powers Of this
corporation shall be vested in and the
business and affairs shall be managed
by a board of six 90 directors, who shall
be elected by the stockholders annually
at the annual meeting, which shall be
held on the first Monday Of June of each
year. The first annual meeting shall be
held on the first Monday OF June, 1923.
2. The officers of this corporation shall
consist of a President, a VicePresident.
Secretary, and a Treasurer, but the
stockholders or the directors may elect
such other officers as they may deem
proper and fix and determine the power
and duties thereof.
8. Immediately after or as soon as
practicable after their own election, the
directors shall elect from among their
own number the President, the Vice
President the Secretary, and the Treas
urer of the corporation.
4. The names and postofice addresses
of the first board OF directors and officers
are follows:
Julian II. Saenger, President. 14Ol
Tulane Avenue New Orleans, La /;
Harry Ehrlich. Vice President. Shreve-
port. La; Simon Ehrlich, Treasurer,
14Ol Tulane avenue, New Orleans La
+. V. Richards, Jr., Director, 1401 Tu-
lane avenue. New Orleans, La; Nose
Frank, Director, Shreveport, La. Said
officers and directors shall hold office
until he first annual meeting. or until
their successors are elected and qualified.
.. All vacancies in the Board of Direc-
tSr may he filled by the remaining direc-
tors. Any director may be represented
at any meeting of the board by any other
director or stakeholder by written or tele-
graphic proxy.
6. The failure to hold the annual
meeting and elect directors shall not
affect this corporation nor impair its
management in any respect but the direc-
tors and officers in office shall continue
until their successors are elected.
Z. The Board Of Directors may make.
amend or repeal all bylaws, rules or
regulations which they deem proper for
the regulation Of the corporation. not in
consistent with such bylaws, rules and
regulations as may be made by the stock
holders.
s.. All elections by the stockholders
shall be by ballot: at the office of the
company. in accordance with such regu-
lations as the Board of Directors may
determine, and ~ every such election
and at all meetings of the stockholders
one vote. to be cast by the registered
owner or by his agent or representative
by written proxy.
ARTICLE VI. /. This act Of incorpor-
alton may be modified, changed or altered
or said corporation may be dissolved.
with the assent of two-thirds of the cap
ital stock outstanding, at 4 meeting of
the stockholders convened for that pur-
pose, and after fifteen days written
notice has been delivered in person or
given by letter mailed to the last known
address of each stakeholder. The said
notice may be waived by the unanimous
consent of all the stockholders.
>. In case of the dissolution of the
corporation its affairs shall be liquidated
by one or more liquidators elected by
the majority vote of the stockholders.
with such powers. compensation and
duties as the stockholders may determine.
ARTICLE VII No stakeholder shall
ever be held liable for the faults or con-
tracts of this corporation in any further
sum than the unpaid balance due to the |
corporation on the shares subscribed by |
him. nor shall any mere informality in |
organization have any effect to render |
the charter null or of exposing any stock |
holder to any liability beyond the unpaid |
balance on his stock.
to have respectively written opposite |
their names the amount Of stock sub
Scribed by them in this corporation. so
that this act of INCORPORATION NAV also |
serve as the original subscription list of |
he, corporation, and they have stated |
heir postoffce addresses. so as to con-
fOrm with Act 267 of 1914.
Thus done and passed at my office in
he city of New Orleans, state of Louis
ana. on the day. month and year herein
irst above written, in the presence of
n. II. G. Wedemeyer and Eugene NJ
'larke. competent witnesses of the full
lge of majority and residing in this city.
who have hereuntO signed their names
With said appearers and me. Notary, after
lue reading of the whole
Original signed: Julian H. Saenger.
iOl Tulane avenue. New Orleans, La. 400
hares: L. NJ. Ash. 1401 Tulane avenue.
New Orleans La: ! share: f. Y. Rich
cans. La. ] share: Simon Enrich. by
;. NJ. Ash. Shreveport. La. go shares:
larry Ehrlich, by L. NJ. Ash. Shreveport
"a, go shares; Nose Frank. by l.. NJ
Ash. Shreveport, La, 1 share.
II. Fl. c. wEpEMEYER.
f. VI. CLARKE.
CHARLES ROSEN
Notary Public.
Few Orleans. La. June IA. 1922
l. the undersigned Recorder Of Mort
ages in and for the parish of Orleans
tate of Louisiana. do hereby certify that
he above and foregoing act of incorpOr-
ton Of the Saenger- Ehrlich Enterprises
nc, was this day duly recorded in my
fhce in book No. 1868. folio
New Orleans. June a. 1922
(Signed) ROBT SCOTT.
Recorder OF Mortgages
/ hereby certify that the above and
oregoing is a true and correct copy OF
he original on file and of record in my
ffice in this city.
Witness my signature and official seal
{ New Orleans, La, this 18th day Of
une, 1922.
CHARLES ROSEN.
Notary Public.