The herald. [volume] (New Orleans, La.) 1905-1953, 1922-06-08
CHARTER.

the Stockholders shall elect three liquidatorS
from among their number ut meeting
convened for that purpose after hlteeh Nl3)
days written notice sent to each STOCK.
holder by mail to his last known address
said liduidatOrs shall have the authority
10 wind up the business and afalrs OF TINS
corporation In case OF the death Of
liquidator. the survivors shall appoint Il
stakeholder as successor to MIN.
ARTICLE VII-This charter may be
modified changed or altered, or said cor
poration may be dissolved. with the as.
sent of stockholders owning two-thlrds OF
the entire capital stock at general
meeting of the stockholders convened Tor
that purpose. after fifteen 15) days writ
ten 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 corporation In
any further sum than the unpaid balance
if any. due the corporation on the stoch
for which he has subscribed; nor snail
ony stakeholder ever be held liable for
such contracts. faults or debts in any
further sum than the unpaid balance, II
any, on the stock owned by him; nor
shall any mere informality In organlza-
ton have the effect Of rendering this char
ter null or rendering any subscriber or
| stakeholder liable beyond the unpaid
amount if any. remaining on his stock.
No stakeholder in this corporation can
| ever sell the stock owned by him In TINS
| corporatiOn, or any part thereof, without
| irSt Offering the same in writing TO the
| other stockholders, through the board OF
| directors at its then book value, who Will!
| have the first option to purchase the same
| ARTICLE IX-This corporation is or
| ganized under the laws of the STATE OF
| louisiana and especially Act No. 26I OF
| 1914 and the subscribers hereto, tor
| themselves and said corporation ana Tor
l it's officers. directors and STOCKHOLDERS
U
and as conditions Of this corporation, all
/ the rights. powers, privileges and lmmu
mites granted to corporations. ana grant
i I'd to and conferred upon onicers. ulrec-
| tors and stockholders OF corporations Dy
| said laws and said act; such acceptance
being as full. complete and binding as
il said rights, powers. privileges and I'm
munities were set forth at length In TINS
instrument
Thus done and passed in my notaria
office in the City Of New Orleans. afore
| said in the presence OF Holger
Kohnke and Walter Carroll, competent
, witnesses Of lawful age and residing II
! this city. who hereunto subscribe thei
names together with said parties an,
/. me. notary, on the day and date set FORT
! in the caption hereof.
(ORIGINAL SIGNED):
Names of subscribers omitted).
| Witnesses: Holger q. kohnke' waite
T 'arT TSasn. w. w. YOUNG
Notary Public
/. the undersigned Recorder of MOTT
cages. in and for the Parish OF Orleans
state Of Louisiana, do hereby certify Una
e the above and foregoing act of incorporate
= az the Colossal Investment Company, Inc
I was this day duly recorded in my ONO
e in Book 1868. folio POI.
q New Orleans, April 21st, 1922
= Deputy Records
e hereby certify the above and foreg6
o ing TO be a true and correct copy OF IN
e original act Of Incorporation OF the -
o iossal Investment Company. Inc, togetht
d with the certificate Of the Recorder
e Mortgages, on file and Of record in IN
y ! office. -. -,
o In faith whereof. I hereunto set m
: hand and seal this 22nd day OF apr
, 1922. vor-Sc
II (Signed); w. w. 1o1 ~;
(SeaD: Notary rum
e Nav HJune