The herald., 1922-10-12
CHARTER.
II for the transaction

constitute quorum for the transaction
OF business.
The directors may vote in person or
by written proxy in favor Of any other
director, and the board may vote viva
vOce.
The first Board of Directors shall be
composed of Albert Hurwitz Louis Bern
stein. Victor Hurwitz. Samuel Mintz and
Miss Ella Hurwitz. whose addresses are
as follows:
Albert Hurwitz, address 34OO Napoleon
avenue. New Orleans, La.
Louis Bernstein, address 2iOS Milan
street, New Orleans, La.
Victor Hurwitz, address 3iO0 Napoleon
avenue. New Orleans, La.
Samuel Mint. address 3f03 Napoleon
avenue, New Orleans, La.
Miss Ella Hurwitz, address 34O0 Napoleon
avenue, New Orleans, La.
The officers of said corporation shall be
as follows: Albert Hurwitz, President
Louis bernstein. First ice-President and
Manager: Victor Hurwitz. Second Vice
President; Samuel Mintz, Treasurer; Miss
Ella Hurwitz. Secretary.
These directors and officers shall serve
until the third Monday of July. 1923. or
until their successors shall have been duly
elected and qualified.
The annual meeting OF the stockholders
! for the election of officers shall be held
on the third Monday of July, beginning
| with 1923, unless such day shall be
legal holiday. and then on the next non
holiday thereafter At said annual meet
4
and Immediately thereafter, or as soon
as possible, the directors shall meet and
elect the officers of the company, but
! failure to hold an election shall not dis
solve the corporation, but the directors
shall hold their respective offices until
| their successors are elected.
Any vacancy among the directors occur
| ring by death, resignation or otherwise,
shall be filled for the uneXpired term by
| the remaining directors.
| At all elections each stakeholder shall
he entitled to one vote for each share of
stock standing in his name on the books
Of the corporation. He may cast his vote
by written proxy. \ majority OF the
votes shall elect. At all elections by the
| stockholders the vote shall be cast by
ballot.
| A meeting or the stockholders of the
corporation may be held at any time at
the request of any two members Of the
be given fifteen 15) days written notice.
which will state the object OF the meet
ing and be addressed to the last known
place of address of the stockholders.
| ARTICLE VI. In case OF the increase
of the capital stock by the preferential
right to buy the new issue in the ratio
of their holdings OF the cOmpany's stock.
ARTICLE VII. No notes or other ne
gotiable instruments, and no orders for
the payment Of money, and no contracts
runRing for a period exceeding one year
shall be valid unless the same shall be
authorized by the signatures of two Ofli-
GERS Of the company.
ARTICLE VIII. All sales and other
transfers of the stock of this corporation
shall be void unless said stock shall have
been previously offered to the then hold
ers of stock through the Board of Direc-
tors at n stipulated price and IL the ex-
Directors do not see tit to purchase the
said stock, then 1t shall not be sold at
less price or upon more favorable terms
without likewise offering 1t to the Board
af anh
then holders OF the stock shall have the
right to purchase said stock In the ratio
of their holdings This provision shall
be printed, written or stamped on each
certificate Of stock.
ARTICLE TX. 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 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 bushes:
and affairs Of this corporation. In case
, Of the death of a liquidator, the survivors
shall appoint a stakeholder as successor
to him.
ARTICLE Y. This charter may bt
modified, changed or altered. or said cor
. pOration may be dissolved with the assent
, of stockholders owning two-thirds OF the
, entire capital stock, at a general meet
! ing of the stockholders convened for tina
!, notice shall have been given to eaci
: stakeholder, mailed to him at his las
! known address.
. ARTICLE XI. No subscriber for stool
shall ever be held liable for the con
tracts, faults or debts of said corporation
y in any further sum than the unpaid bal
I ance, If any, due the corporation on tn
y stock for which he has subscribed; no
I shall any stakeholder ever be held liabl
e for such contracts, faults or debts In an!
: further sum than the unpaid balance,
: any. on the stock owned by him; no
= shall any mere informally In organization
have the effect Of rendering this charte
null, or rendering any subscriber or stock
: holder liable beyond the unpaid amount
: if any, remaining due on his stock.
ARTICLE XII. This corporation !
: organized under the laws of the state o
q Louisiana, and especially Act 261 OF 1914
a and the subscribers hereto, for themselve
= and said corporation, and for its officers
directors and stockholders, hereby accep
q as part of this charter and as condition
!. Of this corporation all the rights, powers
' privileges and immunities granted
: corporations and granted to and con
q ferred upon officers, directors and stock
:, holders Of corporations by said laws an
= said act; such acceptance being as ful
b, complete and binding as IL said rights
% powers, privileges and immunities wer
set forth at length In this instrument.
|, Thus done and passed in my notaris
: office in the city of New Orleans, afore
n and Marcella Leach, competent witnesse
> of lawful age and residing in this city
: who hereunto subscribe their names to
v gether with said parties and me, Notary
on the day and date set forth In tn
Icaption thereof.
s. Original signed: Samuel Mintz,
shares; Albert Hurwitz, 80 shares; LOU