The herald. [volume] (New Orleans, La.) 1905-1953, 1922-06-08
CHARTER.

whenever an increase Of said capital stock |
shall have been authorized. fifteen days
| written notice shall be given to each
stakeholder within which time the present
! stockholders in the corporation shall have
| the right to subscribe to said increase OF
| stock in proportion to the number of
shares of stock held by them, and which
! shares shall be paid for at such time and
! in such manner as the board OF directors
may direct After the expiration of the
| said subscription and payment. the board
of directors may dispose of the shares not
taken for the benefit of the corporation
in such manner as they may think proper,
at not less than par.
| ARTICLE VII-All transfers Of stock
shall he made on the books of the corpora
ton by surrendering the certificate there
of to the presiding officer " no shall write
the word Cancelled" prominently across
the face thereof. and erase the presidents
signature therefrom before issuing new
certificate.
| ARTICLE What all elections by. or
meetings Of the stockholders each share
shall be entitled to one vote, to be cast
either by the person in whose name the
stock appears on the books of this cor
poratiOn at the time of voting, or by an
attorney holding said stockholders writ
ten proxy.
ARTICLE IX-The business and cor
porate affairs of this corporation shall be
transacted by a board of directors of not
! less than three directors, nor more than
holders thereof and they, and each of
: ! them shall be elected at meeting to be
! held for that purpose Any vacancies In
: the board of directors so elected shall be
filled by the said board Of directors.
: Sol Miller, Sol II. Levi and f. O.
! Schwarz all residents of the City of New
Orleans. Louisiana. shall constitute the
first board of directors, and shall hold
office until the first Monday in January,
= 1923. or until their successors are elected
I; and qualified and each subsequent board
shall have their seats Immediately follow
ing the election. or as soon thereafter as
practicable. and shall hold their office
: until their successors shall nave been
= elected and qualified. The directors here
. inabove named shall elect their own OIL
GERS The stockholders may at any time
. | appoint the two additional directors pro-
: vided for in this charter TO serve con
currently with the other directors herein
IL named. On January list, 1923. and an
: nually thereafter. an election for directors
J. by the stockholders shall be held at the
1t office OF the corporation, after fifteer
N days notice thereof shall have been givet
II by notice mailed to each stakeholder a
20 his last known address. Every board o.
n directors SHALL at its first meeting afte
it's election. or soon thereafter as prac
ticable. elect from their own number
president. and a treasurer. Inc Doaru o
er directors shall also elect secretary wh
may or may not. be member or Tn
board The Office OF the secretary an
&c. treasurer may be filed by one ana IN
u same person., Ut uicNIchoh VI
IS board failure to elect directors on IN
at date above specified shall not dissolve tn
on corporation. but the then existing boar
c., of directors shall continue In ONCE uni
ce their successors are elected Fifteen day
prior notice shall be given In the manne
hereinabove provided, which notice, sha
be full and complete notice to all stocS
n. holders of such meeting. Any directo
o. shall have the right to be represented q
he any meeting Of the board of directors
o. this corporation by an attorney hoidln
er the directors written proxy. Inc ma
of jority of the members of said board or q
ny rectors shall constitute quorum Tor IN
transaction and management Of all bus
ny ness of said corporation. They may max
H. such bylaws rules ana t trsnsact,on
the business and affairs Of said corpori
ic ton.
ARTICLE X-This act of incorporate
may be changed, modified or altered, {
", said corporation may be dissolved VIII
the assent Of three fourths Of the amour
,s of stock present or represented at an
rs general meeting Of the stockholders
n said corporation. convened for that pu
al, pose. after previous notice given In tf
ne manner hereinabove set forth In Attic
n TX. But any and all meetings OF stool
=, holders whether for the purpose or nqu
10 any time without notice by unanimor
~ consent Of all stockholders hled IN wrltih
nt by the secretary.
nd ARTICLE XI-No stakeholder sha
ID ever be liable for the contracts or faul
70 Of this corporation in any further su
IL than the unpaid balance due the compan
he on the shares owned by or subscribed y
10 by him: nor shall any informality In u
,ey organization have the effect OF renderi ],
nv this charter null or Of exposing u
nd stockholders to any liability.
ms ARTICLE XII-whenever this corpor
it'll ton is dissolved, either by limitation
,b- from any other cause, Its affairs shall
les liquidated under the superintendency
Ehnt6 n no
ro purpose by -fourths In amount OF u
,c. stockholders present or represented at
ger general meeting Of the stockholders
- which the election Is held. Said commi
~ sioners shall remain in office until {
no affairs Of said corporation shall nave pc
.of fully liquidated.. In case Of the death
49, one of the commissioners or REFUSAL
or inability to act. the remaining comml
or- sioners shall continue to act and sh
ons elect another stakeholder in the place al
ved stead Of the commissioner who has ceas
to act. .
ice original subscription list the subscribe
or- hereto having set opposite their respect,
names the number Of shares or STOCK
ur- which they have subscribed.
or Thus done and passed In my ohice
less the City of New Orleans. aforesaid on {
red day. month and year first above write
in the presence of l.. Lincoln ana Lo'
res this Parish who hereunto sign their nan
.ss. with the said appearers and me. nota
ZOE | after due reading Of the whole.
nv (ORIGINAL SIGNED):
- Sol Miller Is shares: Sol Fl. Levi,
.oro shares: f. o. Schwarz. 8 shares.
Sor witnesses: L. Lincoln. Louis Go
hat man. .>,,
nc (SeaD: JOHN Z. OCONNottt
l. the undersigned Recorder of Mo
the cages in and for the Parish OF Orlea
TO state Of Louisiana, do hereby certify Il
wer the above and foregoing Act Of Incorpo
,or- ton. of the Dryades Pharmacy. Inc. "
rate this day duly recorded IN my office
. at Book 1868. folio 900.
I'VE, New Orleans, April 9th. 1922.
dge (Signed): ROBT. SCOTT
Sed. Deputy Record
ica- The foregoing Is a true and correct co
nch Of the original Act Of Incorporation In
the office in the City Of New Orleans.
the fSeaO: JOHN c. O'CONNOR
lopt Notary Pub
gu Iuno On
Jug
ana, ,u.yrru M
ions
ries GEORGE II. MAGINNIs, INC-