The herald. [volume] (New Orleans, La.) 1905-1953, 1922-12-21
CHARTER.

qualified stakeholder in his place. who
shall act until successor has been
Failure to hold the election on the
specified day shall not dissolve the cor.
poration, but the directors In office shall
hold over until any future election. The
directors shall elect from their number
all their officers, and shall appoint and
employ all their agents and employees.
and they may epe retained at the pleasure
laws. rules and regulations. and have
the power to acquire, sell or mortgage
any property, real, personal or mixed, on
such terms and conditions as their judg-
ment may deem advisable, and to pay
for same in cash or in full paid stock
of this corporation.
Any two officers of this corporation
may be consolidated, and the duty of the
General Manager is to supervise and
under conditions imposed by the board.
: Any of the directors may delegate to
| another director in writing any of the
rights and powers enjoyed by him as
such director
ARTICLE VI. This act of incorpora-
ton may be changed. modified or altered
or this corporation may be dissolved at
meeting Of the stockholders thereof
giving ten 10) days notice in writing
or by advertisements in any daily paper
published in this city.
| ARTICLE VII. At the termination Of
4
provided for. the business and affairs Of
this corpOratoiD shall be liduidated under
the supervision of three t3) commission
,prs elected from among the stockholders
at general meeting called for that pur-
pose. after ten U0) days written notice
or advertisement in the daily papers. In
event Of death Of any commissioner, the
remaining commissioners shall elect o
successor from the stockholders.
ARTICLE VIII. No action of stock
holders at any meeting shall be valid or
binding unless the majority of the stock
lis represented and present in person or
by proxy. and thu ee- fourths of the stock
present or represented may elect dire.-
tors. or amend this charter, or vote to
dissolve same. or to do any other act.
ARTICLE TX. No stakeholder shall be
the contracts or faults of the corpora
ton beyond any unpaid balance on stock
owned by him. Nor shall any mere in
formality In this act have the effect o.
rendering this charter void or exposing
any stakeholder to any liability beyond
the amount OF their stock.
Thus done and passed in my office n,
the city of New Orleans. La, on the day
and date first hereinabove written. IL
! the presence of Joseph Lautenschlaegel
: and James n. Brittingham, Jr., compe
tent witnesses, who signed hercunto with
SAID appearers and me, notary, after 4
Original signed: Jacob l.. We'll. AZ
shares; Samuel L. We'll. 1 share; Emanue
| wen. Il snare. solomon Il. well,
share; Isaac l.. Well share.
Witnesses: Jos. Lautenschlaeger, Jane,
, n. Birmingham, Jr.
EMANUEL. l.. WE'LL.
Notary Public.
! i. the undersigned Recorder Of Mort
, cages IN and for the parish of Orleans
state Of Louisiana. do hereby certify tina
{ the above and foregoing act of incor
poration of Jacob l.. We'll Realty ant
Investment Company. Incorporated. wa
this day duly recorded in my office /,
Book 1879. Folio
New Orleans. La. Dec o. 1922
ROBT. SCOTT. by. Rec
I. the undersigned, hereby certify tina
= the above and foregoing is a true an,
! correct copy Of the original on file II
, my archives.
In faith whereof I hereunto place m,
! official seal of office and signature a
New Orleans, La, December Q. A. u. 1922
=. (SeaD EMANUEL l.. WELL,
Notary Public.
Suite 314 Canal-Comr. Bldg, Commo
!. and Carondelet SITS.
dec 14-Jan. is