The herald., 1922-05-18
CHARTER

agents, employees, servants and clerks
as may be necessary for the conducting
of the business of this corporation; they
shall fix their compensation and shall
| have the right to dismiss them at their
| pleasure.
\ director of this corporation shall
have the right to vote by general proxy
| on all questions of administration. such
| as the manner Of conducting the business
| of the corporation: but in case the cor
| pOration desires to exercise its cor
pOrate power through its Board of
| Directors, by selling or mortgaging any
| of its plants. the directors can only vote
| by proxy where the proxy specifically
details the object to he voted upon, how
/ the same shall be cast, and such sale
| or mortgage must have the unanimous
I vote of the Board of Directors.
! ARTICLE VII. This act of incOrpor-
/ alton may be changed, modified or
! amended. fundamentally or incidentally,
| and this corporation may he dissolved
| in accordance with the provisions of Act
| pa Of 1914. or any amendments thereof.
/ with the consent of the stockholders rep
resented at a general meeting Of the
| stockholders called for that purpose
/ after ten days notice in writing. ad-
( dressed to the last known address of
each of the said stockholders.
Any changes proposed or made with
reference to the increase or reduction of
cOrdance with the laws of the State of
Louisiana, relative to the alteration Of
the capital stock Of the corporation
Notice Of all meetings of the stock
holders not herein or by law or other
wise provided for shall he given to each
stakeholder by letter. addressed to his
last known place of residence as shown
by the books of the company, and de-
posted i'm the mails at least ten days
prior to said meeting with postage pre-
paid.
In case of a dissolution or termina-
tion of this charter either by limitation
of its charter or by any other cause,
this corporations affairs shall be lqui-
dated by two liquidatorS. selected by its
stockholders at a general meeting held
as above set forth, ut which meeting
the compensation of said liquidators
shall be fixed and. the said commissioners
shall remain in office until the affairs
of this corporation shall have been fully
iquidated. In case of the death or in
capacity of one or more of said com
miSSioners, the survivor shall continue TO
act until such vacancy shall have been
filled by general meeting of the stock
holders as above set forth
ARTICLE VIII. No stakeholder shall
ever he held liable or responsible for
the contracts of this corporation or its
faults. in any further sum than the I'M
paid balance due the corporation on the
shares of stock subscribed for or owned
by him, nor shall any informalty in
organization have the effect of render
ing this charter null or of exposing the
stockholders to any liability beyond the
unpaid balance. if any. due on his stock.
. Thus done and passed at my office
in this city on the day, month and year
first above written, in the presence of
W. l.. Grace. Jr., and T.. +. Mcdonald.
competent witnesses. residing in this
city, who have hereuntO signed their
names with the said appearerS and me.
Notary. after due reading of the whole
and the said appearers also declared this
to be their original stock subscription
list.
Original signed: G. W. Bauerlein,
Grunewald Hotel, 81 shares: Henry
Pickett Withers, per G. W. Bauerlein.
Lake Forest. Ill, 1 share; John nymOnd.
Jr.. 1907 MaisOn Blanche Bldg. New ORR
leans, La. l share; \. Gifen Levy, New
Orleans, La, l share.
Witnesses:
W. l.. GRACE. JR.,
Il. f.. MCDONALD
RUDOLPH J. WEINNANN.
Notary Public.
4 true copy.
RUDOLPH J. wEINMANN
Notary Public.
Apr. O-May -