The herald., 1922-01-05
CHARTER.

shall remain IN Office until rb.ir -
ceSSorS are elected and uu4lib.3 n,'
notice of another election shall firth
with be given as above provided Ca
and such notices Of election shah 3II
continued TO be given until IN eIn.tioe
is had ''oh
ARTICLE Wat its first mc4--u, o,.,
Board of Directors shall elect from, -.
membership a President Vice Pr
dent ana Treasurer. ami t. shall ala
appoint a Secretary who may Inn -
not be either Stochhold-r or dir.rtor
The Board of Directors shall have 81,
power and authority To- make ana a..
tabli>h. as well as 10 alter and ,noonJ
all bylaws, rules and regulations ma
osSary and proper for the conduct 80
management of the business and Affairs
of this corporation not Inconsistent win
this charter; it shall also hay. fun ro,ye-
and authority to do all acts and things
reasonably necessary for the proper rar
rying on of the business of this cornor
alton, and 10 carry out the oh iects ana
purposes for which this corporation i
organized. inclu ling the borrowing az
money necessary for the ordinary bust.
ness operations of this corporation. ana
through the president or some otbar
duly authorized person or person, To ey
ecute and issue therefor notes or otbe,
obligations OF this corporation on sucb
terms aS in Its judgment may be nd.
Vantageous; il shall also have fun power
and authority TO issue and deliver fun
paid shares of stock Of this COrpor3tiop
for money, labor, services property or
rights actually received by this corpora.
ton and TO nil all vacancies that NAV
occur i'll its membership. \ maiority
OF the directors present either in person
or by proxy shall constitute a quorum
Tor the transaction of any business and
at any meeting of the board auy a.
rector absent thrrefrom may be repre-
scented by proxy.
ARTICLE VII-Until the first ANNA,
election for directors to be held under
TINS charter or until their duly qualified
successors are elected and installed, the
board of directors of this corporation
shall be composed Of: Joseph T. Mares
Irving Il. Saal, and Roberts C. Milling.
the post Office address of all of whom
Is New Orleans. La, with Joseph T.
Vice President and Roberts c. Milling
as Treasurer. and until contrary action
by the Board of Directors all funds de.
posted in any bank to the credit Of
this corporation may be drawn out BY
checks signed in the name of this cor.
poration by its President.
ARTICLE VIII-This charter NAV bs
amended and the capital stock of this
may be increased or decreas
ed. or this corporation may be dissolved
and its affairs liquidated in the method
ana manner provided by law as now or
hereafter in force.
ARTICLE IX-NO stakeholder Of this
shall ever be held liable or
responsible for the contracts or faults
or this corporation in any further sum
than the unpaid balance on the stock for
which he has subscribed, nor shall any
the effect of rendering this charter null
Or OF exposing stakeholder to any Ii
ability other than as above provided
ARTICLE X-The capital stock Of this
corporation shall be personal property,
shall be represented by certificates. shall
De full paid and worcestershire when is
sued. shall be issued only for labor done
sr for property actually received or for
FASH to be paid at such times and in
such amounts and after such notice as
may be determined by the board of di.
rect0rs. No transfer of the capital stock
mail be binding on this corporation I'm.
ess made in accordance with its charter
md bylaws, and recorded on the books
hereof
Thus done and passed in my Office al
ne City OF New Orleans, La, on the
lay. month and year first above written.
n the presence of Chloe Gallmann and
Joseph +. Hart competent witnesses. who
lereunto sign their names with said ap-
bearers and me, Notary, after due read
ng of the whole.
l. Jos. E. Mares, 4O3 SO. Peters street.
3 shares.
?. l. r.. saal, 2l15 Peters avenue
'hare.
8; r. c. Milling, Whitney Central
l share
witnesses: Chloe Gallmann, Joseph E.
Hart.
r. III. SAAL, Notary Public.
1. the undersigned Recorder Of Mort.
ages. in aud for the Parish of Orleans.
state of Louisiana, do hereby certify
hat the above and foregoing Act of
Incorporation, of the Joseph +. Mares,
nc. was this day duly recorded in my
hice in Book 1858. Folio $685. New Or
cans, November 18th, 1921
\ true and correct copy of the orig.
nal charter in my Notarial records
New Orleans. La, November 25th, 1921
r. III. SAAL, Notary Public
Dec. 1-Jan. 3.