The herald. [volume] (New Orleans, La.) 1905-1953, 1922-07-20
CHARTER.

amounts and manner as the board of di-
! rectors may determine.
3. The capital stock may be increased
to Five Hundred Thousand Dollars $500
100000.
ARTICLE V. l. All the powers of this
corporation shall be vested in and the
business and affairs shall be managed
by board of six (6) directors, who shall
be elected by the stockholders annually
at the annual meeting, which shall be
held on the first Monday of June of each
year. The first annual meeting shall be
held on the first Monday OF June, 1923
,. The officers of this corporation shall
consist OF President, a Vice President
a Secretary, and a Treasurer but the
stockholders or the directors may elect
| such other officers as they may deem
proper and fix and determine the power
and duties thereof.
! 3. Immediately after, or as soon as
| practicable after their own election, the
| directors shall elect from among their
own number the President the Vice
President, the Secretary, and the Treas
urer of the corporation.
! T. The names and pOStOffice addresses
! or the nrSt board of directors and officers
are as follows:
Julian IL. Saenger. President. 14Ol
| Tulane Avenue, New Orleans La
Harry Ehrlich, Vice-President, Shreve-
Shreveport, La; l.. NJ Ash. Secretary.
I4Ol Tulane avenue, New Orleans. La. /;
f. V. Richards, Jr., Director. l40l Tu-
lane avenue. New Orleans, La; Nose
officers and directors shall hold office
until he first annual meeting, or until
their successors are elected and qualified
D All vacancies in the BOari of Direc-
tSr may be filled by the remaining direc-
tors. Any director may be represented
at any meeting of the board by any other
director or stakeholder by written or tele-
graphic proxy.
d. The failure to hold the annual
meeting and elect directors shall not
Affect this corporation nor impair its
management in any respect, but the direc-
tors and officers in office shall continue
until their successors are elected.
Z. The Board of Directors may make.
amend or repeal all bylaws. rules or
regulations which they deem proper for
the regulation of the corporation. not in
consistent with such bylaws, rules and
regulations as may be made by the stock
holders
s., All elections by the stockholders
shall be by ballot. at the office of the
lations as the Board of Directors may
determine, and at every such election
anu at all meetings of the stockholders
each share of stock shall be entitled to
one vote, to be cast by the registered
owner or by his agent or representative
by written proxy.
ARTICLE VI /. This act Of incorpor-
alton may be modified, changed or altered
with the assent of thirds of the cap
ltal stock outstanding, at a meeting of
the stockholders convened for that pur-
pose. and after fifteen days written
notice has been delivered in person or
given by letter mailed to the last known
address of each stakeholder. The said
notice may be waived by the unanimous
consent of all the stockholders.
:. In case of the dissolution of the
corporation its affairs shall be liquidated
by one or more lquidatOrs elected by
the majority vote of the stockholders,
with such powers compensation and
duties as the stockholders may determine.
ARTICLE VII. No stakeholder shall
ever be held liable for the faults or con |
tracts OF this corporation in any further |
sum than the unpaid balance due to the |
him, nor shall any mere informally in |
organization have any effect to render |
me charter null or of exposing any stock |
loider TO any liability beyond the unpaid |
balance on his stock.
ARTICLE VIII. The subscribers here
o have respectively written opposite
heir names the amount of stock sub
'cribed by them in this corporation, so
erve as the original subscription list of
ne corporation, and they have stated
heir pOStOfiice addresses. so as to con-
orm with Act 267 of 1914.
Thus done and passed at nv office in
he city of New Orleans. state of Louis
ana, on the day. month and year herein
rst above written, in the presence of
l. Fl. c. Wedemeyer and Eugene NJ
'larke. competent witnesses of the full
ge OF majority and residing in this city,
mo have hereunto signed their names
nth said appearers and me- Notary, after
ne reading of the whole
Original signed: Julian H. Saenger.
iO1 Tulane avenue. New Orleans. La, 400
hares: l.. NJ Ash. 14O1 Tulane avenue,
Jew Orleans. La, l share; T.. V Rich |
rds, Jr.. 1i01 Tulane avenue. New Or
'ans. La. ] share; Simon Enrich. by
. VI. Ash, Shreveport. La. go shares |
larry Ehrlich, by L. II. Ash, Shreveport,
a, go shares; Nose Frank. by l.. VI. 3
Sh, shreveport, La, 1 share.
II. II. c. wEDEMEYER.
+. VI. CLARKE. $
CHARLES ROSEN.
Notary Public. a
ew Orleans. La, June II. 1922
L, the undersigned Recorder OF Mort =
ages in and for the parish of Orleans =
ate OF Louisiana. do hereby certify that r
lie above and foregoing act of incorpor- :
ion OF the Saenger- Ehrlich Enterprises +
lc., was this day duly recorded in my i
'tce in book No. 1858. folio i
New Orleans. June A. 1922
(Signed) ROBT. SCOTT
Recorder Of Mortgages =
L hereby certify that the above and Z
regoing is a true and correct copy of
e original on file and of record in nv .
flee in this city.
Witness my signature and official seal =
New Orleans, La, this 18th day of h
Inc, 1922 y
CHARLES ROSEN.
90 Notary Public. =,