The herald. [volume] (New Orleans, La.) 1905-1953, 1922-06-01
CHARTER.

whenever an increase of said capital stock
shall have been authorized, fifteen days
/ written notice shall be given 10 each
stakeholder within which time the present
stockholders in the corporation shall have
the right to subscribe to said increase of
. stock in proportion to the number OF
shares of stock held by them, and which
| shares shall be paid for at such time and
! in such manner as the board OF directors
/ may direct. After the expiration of the
/ said subscription and payment. the board
| Of directors may dispose of the shares not
| taken for the benefit OF the corporation.
/ in such manner as they may think proper.
| at not less than par.
ARTICLE VII-All transfers Of stock
/ shall he made on the books of the corpora
! ton by surrendcring the certificate there
. of To the presiding officer. who shall write
the word cancelled" prominently across
the face thereof. and erase the presidents
signature therefrOm before issuing new
certificate.
meetings of. the stockholders, each share
shall he entitled TO one vote, to be cast
either by the person in whose name the
stock appears on the books of this cor
/ puratiOn at the time of voting, or by an
| attorney holding said stockholders writ
ten proxy.
ARTICLE IX-The business and cor
| pOrate affairs Of this corporation shall b"
| transacted by board of directors of not
less than three directors, nor more thah
tve directors, TO be composed OF stock
holders thereof. and they, and each of
them. shall be elected at meeting TO be
held for that purpose. Any vacancies IN
the board of directors so elected shall be
filled by the said board Of directors.
Sol Miller, Sol II. Levi and f.
Schwarz. all residents of the City of New
Orleans. Louisiana, shall constitute the
first board OF directors. and shall hold
office until the first Monday in January
1923 or until their successors are elected
and qualified. and each subsequent board
/ shall have their seats Immediately follow
ing the election. or as soon thereafter as
practicable and shall hold their office
until their successors shall nave been
elected and qualified. The directors here
, inabove named shall elect their own offi-
GERS. The stockholders may at any time
appoint the two additional directors pro
vided for in this charter to serve con
currently with the other directors herein
J named. On January LIST, 1923. and an
nually thereafter. an election for directors
. by the stockholders shall be held al the
I office Of the corporation, after fifteen
n days notice thereof shall have been given
T by notice mailed to each stockholder al
q his last known address. Every board 81
b directors shall, at its first meeting aftei
its election. or as soon thereafter as prac
ticable, elect from their own NUMBER
president, and treasurer. The BOARD %
IT directors shall also elect secretary wh'
/ may or may not. be a member or I'M
board The Office OF the secretary an'
?. treasurer may he filed by one and tn
l. | same person, at the ulsCTtllOh VI w
s. board A failure to elect directors on tn
It date above specified shall not dissolve tn
n corporation. but the then existing boar
= Of directors shall continue In office unit
e their successors are elected. Fifteen days
prior notice shall he given in the manne
hereinabove provided. which notice, shal
he full and complete notice to all STOCK
r. holders of such meeting. Any dlrecto
y shall have the right to be represented a
Ie any meeting of the board of directors O
D. this corporation by an attorney holdln
n the directors written proxy Inc ma
Of jority of the members OF said board or on
y rectors shall constitute quorum for IN
transaction and management Of all busi
y ness Of said corporation. They may max
II, suchI bylaws, rules and regulations
they think proper for the TRANSACTION 9
the business and affairs of said corpora
c. ton.
ARTICLE X-This act Of incorporate
may be changed. modified or altered, o
L, said corporation may be dissolved VIII
the assent of three-fourths Of the amour
. | of stock present or represented at an
= general meeting Of the stockholders @
I, said corporation. convened for that pun
y, pose after previous notice given in IN
u manner hereinabove set forth In Artlci
q TX. But any and all meetings Of stock
q holders whether for the purpose OF nqul
dation or for any purpose may De held
q any time without notice by unanlmou
: consent of all stockholders nled In within
- by the secretary.
a ARTICLE XI-No stakeholder sha
D. ever be liable for the contracts or fauit
O. of this corporation in any further SUI
4 than the unpaid balance due the compan
ne on the shares owned by or subscribed 10
m by him; nor shall any infOrmality in IN
nv organization have the effect Of renderin
~ this charter null or OF exposing IN
ID stockholders to any liability.
ms ARTICLE XII-whenever this corporf
tn ton is dissolved, either by limitation {
b. from any other cause, its affairs shall
es liauidated under the SUPPLEMENTARY
three stockholders. to be chosen for tina
A. purpose by three-fourths In amount OF IN
or general meeting of the stockholders
- which the election is held. Said commits
v sioners shall remain in office until u
no affairs Of said corporation shall have pee
~ fully liquidated.. In case Of the death
D one of the commissioners, or refusal Z
r. inability to act, the remaining commi
r. sioners shall continue to act ana sha
rs elect another stakeholder in the place al
ga stead OF the commissioner VINO mas ceas'
VI to act. 4,
b. This said charter shall serve as q
'e- original subscription list, the subscribe
'r- hereto having set opposite their respecti
names the number Of shares OF STOCK
IT. which they have subscribed.
,r- Thus done and passed In my once
,ss the City Of New Orleans, aforesaid on Z
ed day. month and year first above write
in the presence Of l.. Lincoln and Lou
nd Goldman. competent witnesses, residing
les this Parish who hereunto sign their nam
.s. with the said appearers and me, notar
os, after due reading of the whole.
nv ORIGINAL SIGNED):
NC Sol Miller, % shares; Sol II. Levi,
nm shares; p. o. Schwarz. shares.
'nr witnesses: L. Lincoln, Louis Col
,at man. ,on
70. (SeaD: JOHN {. OCoNNoh,
IT, Notary Publ
l. the undersigned Recorder OF MOI
he cages, in and for the Parish OF Orlear
TO State of Louisiana do hereby certify IN
yer the above and foregoing Act Of Incorpor
Dr. ton Of the Dryades Pharmacy. Inc,
ate this day duly recorded IN my office
at Book 1898. folio 900
We, New Orleans, April 9th. 1922. 10000,
ICE (Signed): ROBT. SCOTT
ed, Deputy Record
"a The foregoing Is a true and correct col
zen Of the original Act Of Incorporation In II
me office in the City OF New Orleans.
me (SeaD: JOHN c. OCONNok,
'rt Notary Publ
'u- June 30
Ig-
pa CHARTER OF
III NACINNVS INC