The herald. [volume] (New Orleans, La.) 1905-1953, 1922-03-09
CHARTER.

| be issued shall first be offered to the
! holders Of stock at the time of issuance
/ the proportion in which the said stock
holders shall at the time of issuance hold
stock in this corporation.
| ARTICLE V. No stakeholder shall ever
be held liable or responsible for the in
debtedness, faults or defaults of this cor.
| poration, nor shall any mere informality
! in the organization of the corporation
| have the effect of rendering the charter
null, or of exposing the stockholders to
any liability beyond the unpaid balance
| If any, on their subscriptions
ARTICLE vi. This corporation shall
| have all powers granted to such corpor-
atoms by law, and shall have the power
| to contract, sue and be sued in its cor
porate name, and to own, hold, receive,
| loan, lease, purchase, sell and convey or
| mortgage any and all of its effects, or to
| hypothecate its property, and to do any
and all acts and things of any other kind,
| nature or description as may be neces-
sary to carry out the objects and pur
| poses of said business as its interests and
conyeniences may require.
ARTICLE VII. The business of this
corporation shall be directed by and
vested in a Board of Directors of three
members, two of whom shall constitute a
quorum for the transaction of business,
| and the said Board of Directors as first
| constituted shall be composed of Benja-
min e.. Brown, John NJ. SeymOre and Ben
| jamin T. Brown, and they shall hold
office until the first Tuesday in January,
! 1923, and on that day and on the same
| day thereafter each year elections shall
| be held for directors at the principal
office of the corporation, and the election
| shall be held between the hours of ten
! and twelve n. m.
/ Benjamin c. Brown shall be the first
| President of this corporation, John NJ.
Seymore shall be the first Vice-President.
| and BENJAMIN T. Brown shall be the first
| Secretary Treasurer, and they shall hold
office until the first Tuesday in January,
| 1923.
Failure to hold an election on the day
! specified shall not dissolve the corpora
ton, but the directors shall hold their
| respective offices until an election shall
| be held after thirty days notice of the
time and place thereof, given to each
stakeholder.
Directors may act either in person or
| by proxy.
| ARTICLE VIII. Whenever this cor.
poration is dissolved, either by limitation
| or for any other cause, it's affairs shall
be Hqaidated by the Board of Directors,
who are hereby vested with full power
| to sell any or all assets of the corpor-
alton. either separately or in a mass and to
convey full and complete title thereto. and
| shall have full power to do and perform
| all acts necessary and proper to fully and
| completely liquidate the affairs and dis
stockholders of the said corporation to
the amount of stock held by each.
| ARTICLE IN. Five Thousand Dollars
| (S50O000) of the capital stock OF this
corporation shall be paid for by the pur-
chase from Benjamin c. Brown of prop
erty heretofore used by him in an ice
cream business in the City Of Baton
Rouge, all of which property is more fully
shown by the itemized inventory annexed
hereto and made a part hereof.
| ARTICLE Y. This act of Incorporation
| may be amended, altered or modified, or
| this corporation dissolved, in the manner
| provided by law.
Thus done and passed in my notarial
| office in the City of New Orleans, on the
day, month and year first above written,
| in the presence OF Ruth NJ. Seller and
Gladys f. Rider, competent witnesses.
who hereunto sign their names, together
with the parties hereto and me, Notary,
| after a reading of the whole.
| ORIGINAL SIGNED0
| John Maxwell Seymore, 211 Church ST..
Baton Rouge, La, 1 share; Benjamin T..
| Brown, No. z Rosa Park. New Orleans,
La, l share; Benjamin c. Brown, No. Z
Rosa Park, New Orleans, La, 80 shares.
Witnesses: Ruth NJ. Seller, Gladys Z.
Rider.
| ARTHUR A. MORENO.
| Notary Public.
Recorded in NJ. o. B. 1858, folio 571.
January IL, 1922.
| true and correct copy of the original
now on file and Of record in my office.
Feb. 2-Mch.9