The herald., 1922-06-29
CHARTER.

as conditions may justify or the business
of the corporation may require Inc
tenure of office of all the employees OF
ure of the Board of Directors. Any OF
the directors shall have the right to APP
point, by written instrument. another
director or stakeholder to act as his
proxy and in his stead at any and all
meetings of the Board of Directors.
The first Board of Directors shall con
sist of four stockholders, and shall De
composed of Joseph Burnstein, Joseph
GetZ Bernard TitChe and Irving Freud
berg. with the said Joseph Burnstein as
/ President and the said Joseph Getz rs
Secretary TreaSurer.
The postoffice addresses of said direc-
tors are as follows: Joseph Burnstein
! 1874 broadway. New Orleans; Joseph
Getz. 1912 Canal street. New Orleans
BERNARD Titche. 1913 Napoleon avenue
New Orleans: Irving Freudberg, 13O>
Elm street Dallas, Texas.
| ARTICLE VI. The officers of this cor
| poratiOn shall be at President and 4
TreaS urer. and a Secretary, but the of
| fees of Treasurer and Secretary may be
united as Secretary-TreaSurer. Joseph
Burnstcin shall be the first President
urcr. and they shall hold office until
their successors are elected.
| ARTICLE VII. In the event of the
| liquidation or dissolution of this corpor-
alton. the stockholders shall elect two
| liquidatOrs from among their number. at
a meeting convened for that purpose
after fifteen 40 days written notice 10
each stakeholder by mail to his last
known address, said liquldators shail
have the authority to wind up the bust
ness and affairs of this corporation.
ARTICLE VIII. This charter may be
modified, changed altered, or said
corporation may be dissolved, with the
assent of stockholders owning two-thirdS
NJ or at
meeting of the stockholders convened for
that purpose after fifteen I'D days
written notice shall have been given to
each stakeholder. mailed TO him at his
last known address.
ARTICLE IN No subscriber for stock
shall ever be held liable for the con-
tracts. faults or debts of said corpora
ton in any further sum than the un-
paid balance. if any. due the corpora
ton on the stock for which he has sub
scribed: nor shall any stakeholder ever
be held liable for such contracts. faults
or debts in any further sum than the
unpaid balance, if any,; on the stock
owned by him: nor shall any mere in
formalty in organization have the effect
of rendering this charter null or render
ing any subscriber or stakeholder liable
beyond the unpaid amount, If any, re-
naming due on his stock.
ARTICLE y. All sales and other trans
fers of any of the stock of this cOrpOr-
alton shall be void. unless said stock
shall have been previously offered TO the
then existing stockholders through the
Board of Directors at a stipulated price.
and If the board. for said stockholders.
does not see fit to purchase said stock.
then it shall not be sold ut less price.
or upon such favorable terms. without
likewise Offering il to the board at such
price and upon such terms.
In case of sale or transfer OF stock.
the then holders of stock of the said
company shall have the right to pur-
chase said stock in the ratio of their
holdings Of stock of the company. This
provision shall be written, printed or
stamped on each certificate of stock.
ARTICLE IN. This corporation is
organized under the laws of the state
of Louisiana. and especially Act No. 267
of 1914, and the subscribers hereto. for
themselves and said corporation. and for
it'd officers. directors and stockholders.
hereby accept as part of this charter and
az conditions of this corporation. all the
rights. powers, privileges and immuni-
ties granted to corporations and granted
to and conferred upon officers. directors
and stockholders of corporations by said
laws and said act; such acceptance be
ing as full, complete and binding as n
said rights. powers privilege and i'm
munities were set forth at length in this
instrument
Thus Gone ana passed in my notarial
office in the city of New Orleans. afOre-
said, in the presence of Victor h. kiam
and Elsie G. Johnson. competent wit
nesses of lawful age and residing in this
city. who hereuntO subscribe their names.
together with said parties and me. No
tary, on the day and date set forth in
the caption thereof.
Original signed: Names of subscribers
omitted)
BERNARD TITCHE, Not. Pub.
true copy.
I. 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 incor-
poration of Burnstein- Getz, Incorporated,
has been this day duly recorded in my
office in book 126S, folio AS.
New Orleans, La, June IA, 1922.
(Signed) ROBT. SCOTT, by. r.
/ hereby certify the above and fore
going to be a true and correct copy of
the original act of incorporation of
Burnstein-G ftz. incorporated, together
with the certificate of the Recorder of
Mortgages, on file and of record in my
office.
In faith whereof / hereuntO set my
hand and seal this 18th day Of June.
1922.
BERNARD TITCHE,
Not. Pub.
June 22-July 81