The herald., 1922-07-27
CHARTER

,s, ,-ll, lease or I mas, hyD,.\E
tF'f"Fty, to iSsrdp pledge r si,
NOTES. or other oIe negotjsS, "a
ana appoint SncS ldence ~ 80
."'S ".d officers ananagers wy
ana 'puy,uIrncs as its bn,, Va,
-on t.m S.''9 70 as Wen 'sss s h. :,
..n. situations 70, such 6,&
81. ..H' -. the affair." The p,s,a'
ARTICLE II-TSry and b.. q y
Lwr- 81 ",. .aal i, be in t dSo@i Icy /
. ,r' -Hd an cjtaattSsiana, P,gSS i
''f'.'s, shall be N's saon ana
tn, Of this served u5a, 'ie
ID, ms absence Invrlaation, Q,
ana Iu the absence Ppm the " Z
'i oitr@rs. unon OF both o,la.t
corporation. 'OH The sec,a,. ~
Article HI-Tbo
l.T which this co ne objects A.
l"t The nature of ,PPoofatiOn va
FL r,ei 10. On by it are re- i bs,.Ss bushes,
z" Buy and sell hereby d.
'Hl every in,yyIrchandiss ~
own D D,Ia'.,, at WHOLESALE esl e't,,.
nv ~ q a,, account, or for tSo Or tess
20 On commission 'ae accom-
rd '', as, as auditor, aec %SG to vi
,"N expert; and 10 dSooountsnt 2
ArTIEr "a ana a. incidental t sss .' >
y oil rive THOUSAND LIED a 4
S si..,d into and sNsO,OoOU,
SShdi.S Of stock az p,tsesented b. a!
i.uHIr"d tSlOO.OOJ Dali. par VAN.
time and are Ge paid for n ps s,' %
don. Ut Ihe same may he u Dfs,S
non, zone or services rend Te Issued \,
Ion ION ar not less than T na said =.
ton. iecelEed by s,ts2el
q r ni5 CORPORATION shall h.
4 70 cong Ca,l :, concern and sb,S Ue ant III
70, ~ commence business usll be ,,s' +
s"U - per cent OF its as q soOn !
nav n'.t Deen subscribed ap uSa 4
per per cent Of all stock sand and fin
nave been paid for. siE,1nosetibed n
equivalent, all in acc o,.aef IN csS Z
sembiv 'f fos OF Act 267 Of n. Eltl
vea ,IoiE So, TOT the State Of = LS Sne Geo
; EAR ,pr r9l4, and the anen ddUsl,i.A,
.ARTlCLE v-The csnI,., SAs ass
~ iP p',rtlCn may be incrasal SOCk
oil FIFTY Thousand isso i oand % 4
ent O' Or D, two-thirds Of an nv Dala
ILL., OF represented at q . uoe sou
aiI, Tor that purpose speeial =.
o aii.uaI meeting of tho " Gln
80 -. IN accordance with ~ ofponts
' ,..i b of Act 267 a, We y. piouts
SeInDiy OF the State n IH se GsaeS
'ar I9l4. and the nLVuislahi q L
this ' rd LIE .EI-The cOrDor s1s tea
p ,aS corporation shall BE- vsa. l',s
r rop, Used by a Board OF D; ,ssIa
hon pos ,t OF not more than sah
,nan three stockholders i've ~
noin sitting at any tims nts;a
,ute quorum, said djrac,ose. shal h,
ihhuaIly on the second tSln Be q.
January, beginning in '-aal hstg
,op Or S'ISC , shall be eS,,,l!!:T
,on or by written proxy 70 s1a.a
~, an snare Of the capital ,,S Sle W
nm ana standing In HE s.OA III
'Oohs OF the corporation =, lane n
us vote by letter, the s;, =, ae ng =
i nust be acknowledged 6ssas ae u
uoilc, or other officer su,t .s I 10
The stockboIS. .nOfliet !
' no ION; are herewith given ~, N u
ne. ne right Of cumulative yo, s,o M
,iectlon for officers or S, ,a.s 4
ieStlons shall be held unSa, 'lsa
.nu regulations as NAV h. vi
y the Board Of Directo,S.e osei,,
lotice OF such election sbsn Lls
Iaiied to each stockholder \. a'n
Q his last known address " ma
= v ne OF the daily newspaper, sssS. >
! me English language IN a! p'e ~
'ew orleans for at least fiftsss ~ ~
ieceuihg such election. m. W
rus elected shall continus a :. .,t eise
leir successors shall hsys w S.e =
NJ qualified. No failure IA .I ~
regarded as a forfeiture !, IN, ~
er. Any vacancy occur,,ns az a
'ma Oh directors shall be fiIlS ~
smaihlng directors for the s,.,.
'rm: Said Board Of Directo,,s - y.
, hrst meeting after lis sIsraa. \
ON It's members q pres,Sa.,
ore vlce-presidents, a tressn,s, ~
'cretary. 1t may combine ths -
resident or yice-president ~ - 49,
IN n ine ottice Of secretary, md n
gu eject secretary who need MOI )
or director.
Inc Board of Directors shall h,v, n,
, without vote of the stockhoIssr
axe, alter and amend the by.sT.
sue and deliver full paid sh,r
Dck or bonds for stock In Other copss
ms or other property To make lDd IN
q secure by a pledge, mortgags o. ~
Sc all obligations and evidence,
otedness of the corporation. apd 4,
ally unless expressly limited B, 3
arter TO do any and all things /, b
Of the business and lat,
the corporation.
VINO stocxbolder ,h,p
Id liable or responsible for tie q,
lcts or faults OF this eorpontm
y further sum than the unpaid hin
e TO this corporation on The IA.
ned by him, nor shall any infornis
organization have the effect Of nlis
this charter null or Of exposing b
ckholders to any liability beyond q
paid balance.
ARTlCLE VIJI-This act Of incuDes
n may be changed, modified or iizl
this corporation may be dissolva %
assent Of the stockholders esrE
'-thirds of the issued stock Of q
poration or may be further netA
n the assent Of the stockholders ~
three-f0urths Of the issued Sod
5 corporation. ALI as is provided Y
261 of the General Assembly d D
tie of Louisiana. for the year DA q
amendments thereto, at neeuls
stockholders convened for that y
e, and after due notice shall W
n given each Of the said stoekhatn
provided for In Article 9 Of this ar
or act Of incorporation, eIespl y
snever in the judgment Of the D'll
Directors IL shall be deemed idnsH
for the benefit Of said eofpei;ns
1t should be dissolved. the Boat
ectors, within ten days after ne ~
of resolution to that efed ~
ority of the whole Board Of pi1n
meeting called for that pufpS
Oh meeting each director sh.a w
lived three days notice. sAal ~
ce Of the adoption Of such rseIs
'e mailed to each stockkolder, ass1
a notice of the meeting Of ne ~
lers to be held in the offics ~
Grafton to take action upon "
IN so adopted by the Board o. ~
In case of the dissolution y
grafton by the exp!ratin Of ~ a.
or otherwise, the stockhoioels -.
three liquidators from snols 4
Der. who shall have full pess
GRITTY TO liquidate and settle ne
and affairs Of the company
he death or disability Of an!
datOrs, the survivor or sa
appoint a successor or suces'
or them.
,TICLE IX-The first Board
rs and the officers OF thls s.,rr
shall be composed Of the ia