The herald. [volume] (New Orleans, La.) 1905-1953, 1922-02-02
CHARTER.

after, at the valuation to be determine,
! by the board; and in case of dissatisfac
ton as to the price the matter shall b'
arbitrated. one arbitrator with the power
of amicable cOmpounder to be appointed
by each side and an umpire to be Sc
lected by those two who shall take oath
and whose decision shall be final, and
no recourse to the courts to be thereafter
allowed And all shares of stock when
so purchased may be reissued at not less
than par.
ARTICLE V-First All the corporate
powers of the corporation not reserved
by law to the stockholders shall be vested
in ard exercised by a Board of Directors
to be composed of not less than three
stockholders. a majority of which shall
constitute a quorum to transact business.
Said Board of Directors shall be elected
annually at meeting of the stockholders
of this corporation to be held on the Bird
day of January. 1928, and annually there
after.
Second. The Board of Directors shall
have power to make bylaws, rules and
regulations necessary for the conduct of
the business affairs of said corporation.
and they shall elect from their number
a President Vice President, Secretary and
Treasurer, which officers may be consoli-
dated as the Board of Directors see fit
and to the best interests of the corpora
ton. The position Of Secretary may be
filled by person other than a stock
holder If the Board of Directors so deem
it necessary and eXpedient to the interest
of this corporation.
All officers shall be stockh olders OF
this corporation. except the Secretary,
who may be hired to perform the duties
OF that office.
Third. Until the election to be held as
hercinaboye provided. the following shall
constitute the first Board of Directors
viz:
S. J. Coogan. President and Treasurer
No. S37 Royal Street, New Orleans, La.
T. Soniat DufOssat. Jr., Nice-President
and Secretary, No. 2S0I Bell Street New
Orleans. La. both residents OF New Or
leans. Louisiana.
G. Soniat du FosSat, No Cos Tchoupi
toulas Street, New Orleans, La.
ARTICLE VI-This charter may be
amended and the capital stock of thi:
corporation may be increased or de
creased, or this corporation may be dls
solved and its affairs liquidated in th'
method and manner provided by law, al
/ now or hereafter in force.
/ ARTICLE Vino stakeholder of TIM
corporation shall be liable or responsible
/ for the contracts or faults of this cor
poration in any further sum than the un
I paid balance of the stock for when N
| has subscribed, nor shall any mere III
| formality in organization have the enec
] of rendering tnlS nun VI VI ~
posing a stakeholder to any hablht.
/ other than as above provided.
Thus done and passed in my office, oil
| the day month and year first above men
/ toned in the presence of Stanley Nc
/ permott and Leah Simerick, competen
witnesses. who have signed these pres
ents with the said appearers and me
notary. after due reading of the whole.
! ORIGINAL SIGNED:
| T. Soniat du FOsSat, Jr. 2SO' Bell 81
| New Orleans. La, a shares.
/ c. Soniat du FOssat, COS TchOupltonla
St. New Orleans, La, 1 share.
s J. COogan. S37 Royal ST., New OF
leans La, - shares.
| DANIEL J. MURPHY,
/ Notary Public.
witnesses: l.. Simerick and Stanl"'
! McDermott.
hereby certify that the above an
foregoing is true and correct copy o
the original -
DANIEL J. MURPHY.
| Notary Public.
| I the undersigned Recorder of Mor'
| cages. in and for the Parish OF orleans
state of Louisiana, do hereby certify tina
the above and foregoing Act of lncorpor
! alton of the Atlas Manufacturing Con
pany, Inc, was this day duly records
in nv Office in Book 1858. Folio =.
New Orleans, December Il. III.
(Signed) ROBT. SCOTT,
Deputy Recorder.