The herald. [volume] (New Orleans, La.) 1905-1953, 1922-02-09
CHARTER.

The said board shall also have full
power and authority To borrow money,
and through its president, or some other
duly authorized agent OF agents. 10 exc
cute mortgages, issue bonds. notes or
other obligations in such amount ana on
such terms as in their judgment may b."
advantageous and generally TO DO all
things necessary for the proper carrying
on of the business of said corporation.
ANY vacancy occurring in said beard Of
directors shall be filled by the remaining
directors for the uneXpired term.
The first board of directors shall con
Sist of: Philip FOrschler. residence No.
GIg MOntegut street, New Orleans, La. :
Allen H. Sweet, residence Monroe, La,
and Philip \. FOrschler. residence No. 6l9
tire said Philip Forschler as president.
Allen II. Sweet vice-president and
Philip FrOschler secretary treasurer
who shall hold office until the second
Monday in February 1923 or until their
Successors shall have been duly elected
and qualified.
ARTICLE V-The stock subscription of
Philip Forschler for one thousand shares
of the capital stock and of Allen Ill. sweet
for one thousand shares of the capital
stock of this corporation Is 10 De pald Tor
by the sale and transfer by them 10 TINS
corporation of all their right. title and IN
terest of every nature and kind of, In ana
to the following described patents, to-wlt :
Patent No. 4JS.3J5 issued by the United
States Patent Office. for a patent on
coin saving bank together with all amend
mentS or additions To said patent or pa
tent rights whatsoever.
ARTICLE VI-The charter of this cor
poration NAV be amended at a meeting
of the stockholders called for that pur-
pose by a vote of twO-thirdS OF all It's
stock: but a change of objects and pur-
poses as fixed herein shall not be made
without "A vote of all the stock Heretofore
Z .lan pra1l i'm q .
tai stock in excess of the amount named
be made without three-fourths vote of all
of its outstanding stock.
In the event of a dissolution of the
charter the same shall be made by the
method and manner as provided by law
ARTICLE Vino stakeholder of this
corporation shall ever be held liable ol
responsible for the contracts or faults oil
this corporation in any further sum than
the unpaid balance due on the shares OF
stock owned by him. nor shall any mere
infOrmality in organization have the Ell
| feet of rendering this charter null or oil
exposing any stakeholder to any habliity
beyond the unpaid balance due on his
stock.
ARTICLE VIII-The subscribers here
! TO have written opposite their names The
amount of stock in this corporation sub
| scribed for by each of them, so that TINS
! act of incorporation shall also serve a
the original subscription list of said cor
pOratiOn.
| Thus done and passed IN my notarld
| office in the City of New Orleans af0re
said, in the presence of Ralston 5. Cole
and Edgar q. Gould, competent witnesses
/ of lawful age and residing in this city
who hereunto subscribe their names TO
| gether with the said parties, and me, no
tary. on the day and date set forth IL
| the caption hereof.
| ORIGINAL SIGNED:
PHILIP FORSCHLER, ct ais.
Witnesses: RalstOn 5. Cole, L. q
Gould.
W. a. WENCK.
Notary Public
! /. the undersigned Recorder of Mort
cages in and for the Parish OF Orleans
State of Louisiana, do hereby certify tina
the above and foregoing act of incorpora
! ton of the Sweet Forschler Glass Com
pany. Incorporated. was this day dull!
recorded in my office in book 126S, foli'
New Orleans. La. January :, 1922:
! (Signed): ROBT. SCOTT,
! Recorder of Mortgages
\ true copy:
! W. A. wENCK.
Notary Public
I'll Lob