The herald. [volume] (New Orleans, La.) 1905-1953, 1922-08-17
CHARTER.

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 be composed
of Joseph Burnstein, Joseph L. Steinau
II. Sylvan Steinau and Mrs. Joseph
Burnstein.
The postoffice addresse of all said
directors are as follows: Joseph l.
Steinau. 1911 st. Charles avenue, New
Orleans; D.. Sylvan Steinau, 1911 St
Charles avenue. New Orleans; Joseph
Burnstein. 1874 Broadway New Or
/ leans: Mrs Joseph Burnstein, 1874
Broadway New Orleans.
The officers of this corporation shall
/ be a president and secretary-treasurer.
! The offices OF secretary and treasurer
! may be divided. Joseph Burnstein shall
/ he the first president and Joseph l..
/ Steinau the first secretary treasurer.
| Immediately after the Board of DIrec-
/ tors are elected at the meeting of
shareholders. or as soon thereafter as
! practicable, the board shall proceed TO
| elect the officers of the company, who
! shall hold office until their successors
! are elected.
ARTICLE VI. In the event of the
| liquidation or dissolution of this cor
, pOration, the stockholders shall elect
/ two liquidatOrS from among their num-
her at a meeting convened for that
/ purpose. after fifteen (l5) days writ
ten notice sent to each stakeholder by
mail to his last known address; SAID
wind up the business and affairs of this
corporation.
ARTICLE VII This charter may be
modified, changed or altered, or said
corporation may be dissolved with the
assent Of stockholders owning two
thirds of the entire capital stock, at
a general meeting of the stockholders
convened fora that purpose. after fifteen
! G5) days written notice shall have
been given to each stakeholder, mailed
to him at his last known address.
ARTICLE VIII No subscriber for
stock shall ever be held liable for the
contracts, faults or debts of said cor
poration in any further sum than the
unpaid balance, if any, on the stock
owned by him; nor shall any stock
holder ever be held liable for such con-
tracts faults or debts in any further
sum than the unpaid balance. if any,
on the stock owned by him; nor shall
any mere informality in organization
have the effect of rendering this char
or stakeholder liable beyond the unpaid
amount, if any, remaining due on his
| stock.
ARTICLE y. All sales and other
corporation shall be void unless said
stock shall have been previously Of
fered to the then existing stockholders
through the Board of Directors at Q
stipulated price; and If the board. for
said stockholders, does not see fit &c
purchase said stock. then it shall not
. be sold at loss price. or upon mort
favorable terms. without likewise Of
ferinC il to the board at such price
and upon such terms.
In case of sale or transfer or STOCK
the then holders of stock of the com
pany shall have the right to purchase
said stock in the ratio of their hold
ings of stock of the company. This
4 provision shall he written. printed OF
i stamped on each certificate OF stock
4 ARTICLE Y This corporation II
~
Y of Louisiana. and especially Act No
J. 267 of 1914. and the subscribers here
q to. for themselves and said corporation
( and for it's officers. directors ant
q stockholders. hereby accept, as part o
: this charter and as conditions of thi
e corporation. all the rights, powers
i privileges and immunities granted I
o corporations and granted to and con
: ferred upon officers directors an
f stockholders of corporations by sal
!, laws and said act; such acceptance
e if said rights. powers privileges an
h immunitieS were set forth at lengt
e in this instrument.
i Thus done and passed in my natoria
: office in the City of New orlean;
Kaiser and Elsie G. Johnson, compe
d tent witnesses of lawful age and re
e siding in this city. who hereunto sui
I scribe their names; together with s 5n
I and date set forth in the captio
II thereof.
u Original signed: ]. Burnstein, 8
!. shares; ]. l.. Steinau, 95 shares;
a Sylvan Steinau. 5 shares; Mrs.
e Burnstein. by J. Burnstein, share
h Witnesses: II. NJ. Kaiser, Elsie
= Johnson.
Is BERNARD TITCHE,
p Notary Publ
ID y ""e BERNARD TITcHE,
l. Notary Public.
Is l. the undersigned Recorder of Nor
p cages in and for the parish of Orlean
Is state of Louisiana. do hereby certif
10 that the above and foregoing act
a. incorporation of Burnstein-Steinau, Inc
E. was this day duly recorded in my offi'
10 in book -, folio.
r (SigneO ROBT. SCOTT. by. Rec.
I hereby certify the above and for
is going to be a true and correct copy
" the original act of Incorporation
a. Burnstein-Steinau, Inc, together wit
SIS the certificate of the Recorder of Nor
OF cages. on file and of record in m
e. office.
In faith whereof. I hereunto set n
r hand and seal on this 9Th day
IL RORT. SCOTT. DIV. Rec.