The herald., 1922-11-09
CHARTER.

said Corporation, in accordance with law.
| Fifty per cent of said capital stock
| shall be subscribed before the filing Of
/ these articles of incorporation. One-half
of said subscribed capital stock shall be
paid for in cash before the Corporation
! engages in business, and the other half
within twelve months thereafter, as pro-
| yided by law.
ARTICLE VII.-The capital stock may
! be increased to two hundred thousand
dollars (s2OO.OOOOOJ, in the manner pro-
yided by law.
ARTICLE VIII.-The business and affairs
of this Corporation shall be managed by
! "A Board OF Directors, consisting of six
| 90 Directors, each of whom shall own
one or more shares OF stock in his own
| name, who shall be elected annually at
| the annual meeting of the stockholders.
! All vacancies in the Board of Directors,
/ from whatever cause arising, shall be
! nlled by the remaining Directors. Any
/ Director may select any other Director TO
| act as his proxy TO represent him and to
vote and act in his behalf at any meeting
of the Board of Directors.
! The officers of the Corporation shall be
| a President, Nice-President, Secretary,
and treasurer, who shall be elected by
| the Board of Directors Immediately or
as soon as practicable after their own
election. The Office of Secretary and of
treasurer may at any time be combined
into the Office of secretary treasurer. and
| tht lpdIu u lblItttOIS OF
may at any time appoint or elect such
other officers or agents as they may deem
proper.
The first annual meeting shall be held
on the first Monday of October, in the
year 1923, until which time the Board of
Directors named in this charter shall hold
office, and until their successors are
elected and qualified.
The first Board of Directors, with their
postofiice addresses, are as follows: Err
nest V. Richards. 1401 Tulane Ave, New
Orleans, La; Al Lichtman, $40 Fifth Ave-,
New York City, n. Y; Jacob q. Bach
man, $40 Fifth Ave, New York City. n. Y;
Levi NJ. Ash, 14O1 Tulane Ave, New Or
leans, La; VIM. III. Gueringer, l4Ol Tu-
Lane Ave, New Orleans, La. Benjamin Z.
Schulberg, $40 Fifth Ave, New York City,
y. y; with said Ernest V. Richards as
President, Al Lichtman as Vice-President,
Jacob G. Bachman as Treasurer, and l..
NJ. Ash as Secretary.
Failure to hold the annual meeting shall
not invalidate this charter, nor impair
same in any respect, but the directors
and officers shall continue to hold Office
until their successors are elected and
qualified.
The Board of Directors may adopt.
alter, amend or repeal such bylaws as
the Board may from time to time deter
mine not inconsistent with and subject TO
such bylaws, rules and regulations as
may be prescribed by the stockholders.
ARTICLE IX.-This Act of Incorpora-
ton may be amended, modified, or altered,
or said Corporation dissolved, with the
consent of the stockholders holding two
thirds of the capital stock of the Corpora
ton, at general meeting of the stock
holders held for such purpose after fifteen
days previous notice of such meeting
shall have been mailed to such stock
holders in person to their last known
postoffce address; which notice, however,
may be waived by unanimous consent.
Ten days notice shall be given of all
other meetings of the stockholders, I'M
less otherwise provided by the stock
holders or by the Board Of Directors:
and any and all notices may be at any
time waived by unanimous consent.
ARTICLE X.-No stakeholder shall
ever be held liable for any obligations,
faults or debts of this Corporation, nor
shall any informally Of the mode of in
corporation have the effect of rendering
the charter null or of exposing any stock
holder to any liability beyond the unpaid
balance due on the shares Of stock owned
by him.
ARTICLE XI-Wheneyer this Corpora
ton is dissolved, or for any other reason
its affairs shall be liquidated they shall
be lquidated by one or more Iiquidators
who shall be elected by the stockholders
at general meeting convened for such
purpose. Said liquidator or HQuidators
shall remain in office until the affairs of
the Corporation are fully wound up, and
shall receive such compensation, furnish
such bond, and have such powers and
duties as the stockholders may provide
In case of the death or resignation or
inability to act by any Of said iquidators
the stockholders shall fill such vacancy.
ARTICLE NII.-The subscribers hereto
have respectively written opposite their
names the amount of stock subscribed by
them in this Corporation, so that this Act
Of Incorporation may also serve as the
original subscription list of this Corpora
ton, and have also stated their postoffice
addresses so as to conform with Act 267
of 1914.
Thus done and passed in my office in
the City of New Orleans, State of Lou
isiana. on the day, month and year here
inaboye written, in the presence of Mau-
rice 4. Barr and Clarence w. Greenblatt,
competent witnesses of legal age, and re-
siding in this city, who have hereunto
signed their names with said appearers
and me, notary, after due reading Of the
whole.
(ORIGINAL SIGNEDl:
Ernest V. Richards, 1401 Tulane Ave-,
New Orleans, La, 9S NINETY eight shares
Levi NJ. Ash, 1401 Tulane Ave, New Or
leans, La, (one) share; William II. Guer-
niger, 1401 Tulane Ave, New Orleans, La,
l (one) share; Al Lichtman, by Ernest v.
Richards. $40 Fifth Ave, New York, N.
T.. 9s (ninety-eighD shares; Jacob G.
Bachman, by Ernest V. Richards, 57e
share; Benjamin p. Schulberg, $40 Fifth
Ave. New York. N. Y / (one) share.
Witness: Maurice +. Barr, Clarence w.
GreenDlatt.
CHARLES ROSEN,
Notary Public.
New Orleans, La, October o, 1922.
II, the undersigned Recorder of Mort
cages, in and for the Parish of Orleans,
State Of Louisiana, do hereby certify that
the above and foregoing Act of Incorpora-
ton of the Al Lichtman Corporation of
Texas, Inc. was this day duly recorded
in my Office, In Book No. 1919 folio =.
New Orleans. Oct. 9th. 1922.
(Signed) "ROBT. SCOTT,
Recorder of Mortgages"
hereby certify that the above and fore
going is true and correct copy of the
original thereof on file and of record in
my Office in this city.
Witness my signature and Official seal
at New Orleans, La, this 9th day of
October, 1922.
CHARLES ROSEN,
octl2-nov16 Notary Public.
CHARTER OF GULF STATES RICE
MILLING COMPANY, INC.