The herald., 1922-11-23
CHARTER

SO In any manner and
may deem fit. anu at anv -
un nncn ~, share Of stock :. WEB
mat no stockholdar ana unds,u. ass,
wise transfer his shah sell nsass.,
hereof, and any spcS S'oek IN rIsas.
II made. shall ha en sale q, Volta
ration shall be 'e sn void, and v ~ t'aass
list said stock on under ItS no obi Ss VA VA
the holder Of the csr hooks or t q !
ors ARTICLE RI Gil. vII-The 0s tS.fse's
in and e sn,s corporation shIpSS.t y
than anu 'h exercised by a boansan b w.,
az ~ o"ree nor more tbsaru Of nos
a. c cne option of the stnoLstx diss,s
tbreo "S StItute quorum VreSsSnolde,s
onorr, directors: three 70 "nen Tier.
IuJ NJ I'm when there are ~ eonstilw.n
q, ana Tess than six dirsc more thar \, I
20 constitute a Quorum v Tors; ana
PIX ulrectors,-for the should ,h..e
s BUSINESS. Should snv stiansaetoss
sent, ne may be represaeoi director Il Y
uIrector, In accordance ,,,ssd b. sso,s
81 81 geographic instruet,onih the we
the absent director. ohs given
The first board q, :,
corporation shall be directors Of :.
Ipo;llowing; Isidore MarIaapOsed q y
itiess' }. p. Marks: wis hanf
Frank r pa, siuore Marks soaos,,
urer: j. p MsrS vlce-presidet s %s't',tt
snail serve until the eeary; and ~
day OF January. 1924 second wsST'V
The directors shall h.
Wy w; at a meeting held on -'eetN am
Ws.euilesnay or January ~ tae seC,i
aIler such date. Notice ~ each -,
ing snail be given fiftssn. said sss
70 the cate of said meet;ra Gays pT.
sent by mail to each .,s.I n wirs,
MS last known place NJ ~ckhode, y
BOARD OF directors NAV chssloencs n.
OF said annual meetinS snse Tie d.
uate' by. written notice q, " any uhs
sent at least fifteen DAYS mat eiiss
gate TO which said annusi prlot 10 n
De changed. directed bv meeting 81
sooe;Sknolder' at his last knos s, . "a
Each stakeholder shall
nual meeting or other r,s.. az such n.
or special, be entitled jr.uhg Gem
proxy. written or teIegr person o. n
vote Tor each share OF .sec TO a,
him. The election shan S%ck owned h
s scn rules and regulations a. S'e 'lts
board of directors. Hined By D
The directors, when H..
no1u olIIce ior one year, or pr,u ~
successors shall have been siss s. n.f
quailfled, and failure to holS y III
iudl meeting OF stockholds,. We a
elect annually directors. SHAH o. b
ate the forfeiture Of this ch "% ~
any rights Hereunder. SAars =
any vacancy occurring IN ~,
or directors may be filled bv me ~. sr'
tors for the unexpired term "s a's
ARTICLE VIII-This ehsr,.
OF incorporation may be chansss1 I ~! e
Iieu, altered or amended by ~, .ss
the consent OF two-thirds of W
stock at a meeting general a, y
heid Tor that purpose; and surh 80 80
h&ts may be material or imrs,...,
subject only to Limitation a. . -
by law provided; and this co,,n.,s'
shall have the right and pows, h. \
crease its capital stock AZ hs,s,,s.,na
set out, and any increase OF M s,...,
stock in excess Of the amount 49,.
herein as the amount TO which ~. ~,
tai stock may be Increased ~,
made by a three-fourths yots
outstanding stock.
ARTICLE IX-Notice Of anv m. Il
meetings referred to In thls sss,.-
or required by law, shall b eiT.. I
the manner provided for giving usi..
in the case of election Of Director :
oy puDllcation OF such notice FOR N.
teen DAYS previous to such meetirr
any daily newspaper In the Civ 4
New orleans, unless the notice Of M
meeting shall have been waived \
stockholders and directors hayiar b
right by this charter to waive poti, :
any time, and for any meeting
ARTICLE Kin case Of the dIs,u.
ton. liquidation or termination n Al
charter, by Limitation or otherwise a,
affairs of the corporation shall \
liquidated by one or more IicuIatr
elected by a two-thirds vote Of b,
stockholders, who may provide n
number of said liquidators and W.
them with such power and authrly
as may be by law permitted frInr b
terms and conditions upon which hs
shall serve. and their compenxtm
and provide that in case Of death N
disability Of any one Of said lquIh
tors, the remaining liquidators nay q
the vacancy or continue TO CT q \
half of the corporation.
ARTICLE XI-No stakeholder d Oh
corporation shall be liable or reyn&
BILE for any costs. contracts debts
faults of this company or Of any d n
officers, nor shall any mere inforntlr
in organization have the effect Of ~
dering this charter null and void ~
exposing a stakeholder TO any hibnr
beyond the unpaid balance due o. y
stock held by him.
ARTICLE XII-The subscribers her
to have written opposite their nrs
the number of shares subscribed y
each of them, and their post offin q
dresses. so that this charter may ~
as a subscription list; all OF which "
scriptions are payable In the NAM
and form set out herein. and as pfoth
ed for In Act 2s7 Of the Genera y
sembly of the State OF Loulslani
1914. ss.
Thus done and passed at ny ono
in the City of New Orleans on ne y
and in the month and year hsrsin ns
above written. and In the prcsnn
r. ]. Schwarz and A. Holland 49, .s.,
tint witnesses. who have hereung
their names, together win AZ
bearers and me, notary. after y"
ing of the whole. u.t1
Witnesses: r. ]. Schwarz a. 1--WE
(ORIGINAL SIGNED ,sI
F.. Z. Reiss, New OrieanS La $50,
shares: Isidore Marks. New VI wn
La. 122h shares; ]. 7. Marks. o.
leans. La, by ]. Marks. ? rrerr
'' notary P,'-
I hereby certify the above sns ~
going to be a correct ana uue ~
the original on file In tne '
my office. x, cusrE
'oeai' Notary Ps'k
Recorded NJ. o, B. iiTa folio :
ne