The herald., 1922-07-06
CHARTER.

ARTICLE Ill The domicile of this
corporation shall be in the city of New
Orleans. parish of Orleans, state of Lou
isiana, but it may establish offices and
agencies throughout the United States
of America. All citations or other legal
process shall be served upon the PrcSi-
dent of said corporation, or. in the event
of his absence, upon the Vice President:
or, in the absence of both, upon the
Secretary Treasurer.
ARTICLE ". The capital stock of
this corporation shall be Five Thousand
Dollars (s5,0O0O0), to be divided into
fifty shares of the par To, value of One
shall be paid for in cash or its equiva-
lent for property. for labor performed.
or services actually rendered. The
this corporation may be increased shall
b" the sum of One Hundred Thousand
Dollars.
This corporation shall be a going con
Germ and authorized to begin business
as soon as fifty per cent of the capital
stock has been subscribed for and paid
in to said corporation.
The Board of Directors shall have
power to issue full paid stock for prop
Prty transferred TO said corporation or
| for labor and services rendered.
| ARTICLE V. All of the corporate
powers of this corporation shall be
vested in and exercised by a Board Of
| Directors composed of not less than
I three stockholders, who shall he elected
| by the stockholders at the annual meet
! ing of the corporation. which shall be
/ held on the third Monday of the month
| of January of each year. majority
! of the stockholders shall constitute
quorum for the transaction of business.
The officers of this corporation shall
he n President. Vice-President. md n
Secretary Treasurer. pOvided the Secre-
tary- Treasurer may he one officer. or
two officers They shall he elected an
nually bv the Board of Directors from
among their number: all directors and
officers shall be elected for term or
one year. but shall hold ofhce nntIl
their successors are elected and qualified.
ANY vacancy in the Board of Drec-
tors or offices from whatever cause snail
he filed from among the Stockholders
by the remaining members Of the board
The Board of Directors shall have
holders of the company. to buy. sell
lease. mortgage, hypothecatr. borrow
issue bonds. notes and pledges or al
kinds whether on mOvables or immov-
ables. and generally to exercise all pow
ers conferred on the BOARD of Directors
by these articles of incorporation.
All elections shall he by ballot: eacl
share shall be entitled to one vote. and
the majority Of the votes cast shall elect
At all IT. citing each stakeholder shall
be entitled 10 one vote. either in person
or nv written proxy. for each share %
stock standing in his rame on the book
stock shall he voted at any meetini
which has been transferred upon thu
hooks within thirty 500 days prior t.
the said meeting
ever he held liable for the contracts
faults or debts of this corporation. no
! shall anv mere informalitv in its organ
e ization have the effect of rendering thi
charter void or exposing stockholdc
. to anv liability bevond the unpaid hal
ance due on the shares owned by him
ARTICLE VII. The first Board q
= Directors shall consist Of Nick Chises
President whose ,o pSStofiicr rsot address Essen
= Chichesi. Vice-President. whose most
office address is 724 Governor Nichol
: street. and Charles Stewart, Secretary
. T-"asurer whose pOstOfice address
1SOS North Ramrart street, all in tn
q city of New Orleans.
= ARTICLE VIII. This act Of incorDOr
= alton NAV be changed. modified. altera
or amended. or this corporation NAV b
5 dissolved with the assent of stockhold
r ers owning three fourths of the stoc
: Of the corporation present or repre
n scented Mt general meeting convene
k for that purpose and after at least te
: davs' written notice has been give
( through the mail TO each stakeholder 9
: his last known place Of residence.
n case Of dissolution nv the expiration Q
I hrs shall elect three liduidators froI
n among their number TO settle the bus
l. ness and affairs of the corporation.
J. In case Of death or disability Of an
: of said commissioners or 1idutdatOr'
: the survivors shall elect or appoint
g successor to him: and II thew fail
aoreo his appointment. then the
:. shall wind up the affairs of said col
:. pOrAtion.
Thus done and nassed NJ my office
: the nrosence Of TT. VI. AnSley and r..
" Gardiner. romnntpnt witnesses. who h"'
:, herennto SIGNED their names with sal
anpearprs and me. Notary, after readin
| Of tho whole
Ori~inni Stoned " Chichesi ~ shares
Josonh ChiseSi. l share; G. Stewart,
sharnS.
Witnesses:
" VI. hNSTFY.
T. s. GARDINER. .
C. DE LUCAS.
Notary Public.
T. tho undersigned Recorder Of Nor
- parps IN and for the narish Of Orlean
state ~ Touisiapa. do hereby cnrtIf
tina. tho above end forpooino oct of "
~ cornorotion Of " Chisnsi e. Co.. In'
~ was this dow duIv recorded in my off6
is In hook 1903 folio 42f
~ New Orleans Jnnn % 400
d ROBERT SCOTT. by. II.
le 4 true copy.
|, Notary Publ