The herald., 1922-07-20
CHARTER.

shares of the par value of one hundred
dollars each, to be issued in the manner
and for the consideration prescribed b,
law. All shares to be full paid and non
assessable. The capital stock may be in
creased when found necessary by vote
of % of all the capital stock at a meet
ing called for that purpose.
ARTICLE V-The corporate powers o
this corporation shall be vested in anC
exercised by a board of directors to b.
composed of three stockholders two o
whom shall constitute quorum. Thu
following named stockholders shall con
Stitute the first board of directors. viz
Henry J. PradOs, 1923 Coliseum Street
New Orleans La; Clarence j. Pitard
same address and Rufus ii. PradOs. l42;
North Villere Street. New Orleans. La.
with the said Henry j. Prados. as presi
dent; Clarence J. Pitard, vice president
and Rufus II. Prados. as secretary-treas
urer, and they shall hold office until the
second Monday of January, 1923. or until
their successors are elected and qualify
on which date the annual election shall
take place, or as soon thereafter as pos
sible
All stockholders meetings. including the
annual meeting for the election of Officers
aGd directors shall be preceded by writ
ten notice. delivered personally or by mail
to the last known address of the stock
holder. Is days before such meeting. pro-
vided the stockholders shall always have
the right to waive such notice.
If any vacancy occurs on the board of
directors the stockholders shall name or
elect a successor to fill the vacancy until
the next general election. The election
of directors shall be by ballot, and each
stakeholder shall be entitled to one vote,
in person or by proxy. for each share OF
the capital stock owned by him.
ARTICLE VINO stakeholder of this
corporation shall have the right to sell or
pledge his stock, without first offering
same to the stockholders. thru the officers
of this corporation, upon allowing said
stockholders ten days to purchase same.
at book value, or receive same in pledge.
as may be desired by the owner of said
stock: no transfer of stock shall be bind
ing upon this corporation unless actually
made on the books of the corporation, IN
the manner required by law.
ARTICLE VU-The charter of this cor
pOration may be modified or altered. or
the corporation may be dissolved; the
capital increased or decreased. or liqui-
dated in the manner as is now or may
hereafter be prescribed by law.
Thus done and passed. at New Orleans.
La, on the date first before written, in
presence of Emanuel l.. We'll and Jack
Hawley. competent witnesses, residing in
this Parish. who hereuntO sign their
names with said appearers and me, No
tary.
Original SignedD:
Henry J. Prados, % shares; Clarence
J. Pitard. l share; Rufus Ii. PradOs, >
shares.
Witnesses: Emanuel L. We'll. Jack
Hawley.
JOS. LAUTENSCHLAEGER
Notary Public.
|. the undersigned. Recorder of Mort
cages, in and for the Parish Of Orleans.
State of Louisiana, do hereby certify that
the above and foregoing Act of Incorpora-
ton of the "Prados Lumber CO., Inc, !"
was this day duly recorded in my office
n Book 1888, Folio $50.
New Orleans, June %. 1922.
(Signed) ROBERT SCOTT,
Deputy Recorder of Mortgages.
true copy of the original.
JOS. LAUTESSCHLAEGER
Notary Public
July 13-Aug. II