The herald. [volume] (New Orleans, La.) 1905-1953, 1922-07-27
THE HERALD, ALGIERs, LOUISIANA
CHARTER.

day In each year. Each stakeholder shall
be entitled, in person or by proxy: to
vote for every share owned by him,
and all elections shall be held under
such rules and regulations as may be
determined by the Board of Directors,
after fifteen Q5) days notice by mail
| of such election shall have been sent to
each stakeholder at his last known ad-
dress. All voting shall be by ballot.
| The directors thus elected shall continue
in office for one year, or until their sue,
cessOrs shall have been duly elected and
qualified. No failure to elect shall be
regarded as a forfeiture of this charter:
Any vacancy occurring on said board
shall be filled by the remaining directors
/ for the uneXpired term; the said board
shall likewise elect the additional mem
bcrs in case they should determine 10
| increase the number on the said board.
Said board shall have the right to con,
sOlidate or segregate any two of said
offices into one. and to appoint Sec
rotary. who need not be either director
or stakeholder, as also the right to ap-
point and dismiss such clerks, managers
and other employees of the corporation
as conditions may justify or the business
of the corporation may require. The
tenure of office of all the employees Of
the corporation shall be during the pleas
ure of the Board of Directors. Any OF
the directors shall have the right to APP
point, by written instrument, another
director or stakeholder to act as his
meetings of the Board of Directors.
The first Board of Directors shall con-
sist of four stockholders, and shall be
composed of Joseph Burnstein, Joseph
berg. with the said Joseph Burnstein as
President and the said Joseph Getz as
Secretary Treasurer.
The postoffice addresses of said direc-
tors are as follows: Joseph Burnstein.
1874 Broadway. New Orleans; Joseph
Getz 1912 Canal street, New Orleans /;
bernard Titche. 1913 Napoleon avenue.
New Orleans; Irving Freudberg, 1903
Elm street, Dallas, Texas.
ARTICLE VI. The officers of this cor
pOration shall be a, President, and a
Treasurer. and Secretary. but the Of
fees of Treasurer and Secretary may be
united as Secretary Treasurer. Joseph
Burnstein shall be the first President {;
urcr, and they shall hold office until
their successors are elected.
ARTICLE VII. In the event of the
liquidation or dissolution of this cOrpOr-
alton, the stockholders shall elect two
liquidators from among their number, at
a meeting convened for that purpose.
after fifteen 40 days written notice TO
each stakeholder by mail TO his last
known address: said liquidatOrs shall
have the authority TO wind up the bust
ness and affairs of this corporation.
ARTICLE VIII This charter may be
modified, changed or altered, or said
corporation may be dissolved, with the
assent of stockholders owning two thirds
meeting of the stockholders convened for
that purpose, after fifteen (l5) days
written notice shall have been given to
each stakeholder. mailed to him at his
last known address.
ARTICLE IN. No subscriber for stock
shall ever be held liable for the con-
tracts. faults or debts of said corpora
ton in any further sum than the I'M
N.nsI ha1n
ton on the stock for which he has sub
scribed: nor shall any stakeholder ever
be held liable for such contracts, faults
or debts in any further sum than the
owned by him; nor shall any mere in
formality in organization have the effect
Of rendering this charter null or render
ing any subscriber or stakeholder liable
beyond the unpaid amount, If any, re-
naming due on his stock.
ARTICLE Y. All sales and other trans
fers of any of the stock of this cOrpor-
alton shall be void. unless said stock
then existing stockholders through the
Board OF Directors at stipulated price.
and IL the board, for said stockholders,
does not see fit to purchase said stock.
or upon such favorable terms. without
likewise offering it to the board at such
price and upon such terms.
In case of sale or transfer OF stock.
the then holders Of stock Of the said
company shall have the right to pur-
chase said stock in the ratio of their
holdings Of stock of the company. This
provision shall be written. printed or
stamped on each certificate Of stock.
ARTICLE TX. This corporation Is
of Louisiana, and especially Act No. 267
of 1914 and the subscribers hereto. for
themselves and said corporation, and for
its officers, directors and stockholders.
hs,r nv ~ nf nhor nd
as conditions Of this corporation, all the
rights. powers, privileges and immuni-
ties granted to corporations and granted
to and conferred upon officers. directors
laws and said act; such acceptance be-
ing as full, complete and binding as II
said rights. powers. privilege and i'm
munities were set forth at length in this
instrument.
Thus Gone ana passed in my notarial
office in the city OF New Orleans, afore-
said, in the presence of Victor X. Kiam
and Elsie G. johnson. competent wit
city. who hereunto subscribe their names,
together with said parties and me- No !
tary, on the day and date set forth in !
the caption thereof.
(eriginal signed: Names Of subscribers
omitted)
BERNARD TITCHE, Not. Pub.
A true copy.
I. 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 incor- |
poration Of Burnstein- Getz, Incorporated, |
has been this day duly recorded in my |
office in book 1858, folio AIS.
New Orleans. La. June II, 1922.
(Signed) ROBT. SCOTT, by. r.
I hereby certify the above and fore |
going to be true and correct copy Of |
the original act of incorporation of
etz. Incorporated, together |
with the certificate of the Recorder OF |
Mortgages, on file and Of record in my |
office.
In faith whereof / hereunto set my i
hand and seal this 18th day Of June |
1922.
BERNARD TITCHE,
Not. Pub.
June 22-July 81