The herald. [volume] (New Orleans, La.) 1905-1953, 1922-04-20
CHARTER.
roxy. A majority or rne votes cast

| ten proxy. majority or the votes cas-
| shall elect
ARTICLE vi. In the event of the
liquidation or dissolution of this corpOr'
alton, the stockholders shall elect thret
liquidators from among their number, al
meeting convened for that purpose
| after fifteen Q5 days written notice
sent to each stakeholder by mail to his
! last known address; said liquidatOrs
shall have the authority to wind up th'
business and affairs Of this corporation
In case of the death of a liquidator, the
survivors shall appoint a stakeholder a:
successor to him.
ARTICLE VII. This charter may be
modified. changed or altered, or said
corporation may be dissolved, with the
assent of stockholders owning two-thirds
of the entire capital stock at a general
meeting Of the stockholders convened for
that purpose, after fifteen 05) days
written notice shall have been given 10
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 cOrpOr-
alton in any further sum than the I'M
on the stock for which he has subscribed
nor shall any stakeholder ever be held
liable for such contracts, faults or debts
in any further sum than the unpaid bal
ance. IL any. on the stock owned by him /;
nor shall any mere informalty in organi-
zatiOn have the effect of rendering this
charter NULL or rendering any subscriber
or stakeholder liable beyond the unpaid
amount, If any, remaining due on his
stock.
No stakeholder in this organization
can ever sell the stock owned by him in
this corporation, or any part thereof
without first Offering the same in writ
ing to the other stockholders, through
the Board Of Directors, at its then book
value, who will have the first option to
purchase the same, and in the event of
the death of a stakeholder, the right Is
hereby reserved to the remaining stock
holders to purchase said stock at its
then book value.
ARTICLE IN. This corporation is
organized under the laws of the State
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.
hereby accept as part of this charter
and as conditions of this corporation all
the rights, powers, privileges and i'm
munities granted to corporations, and
granted to and conferred upon officers.
directors and stockholders of corpora
tons by said laws and said act: such
acceptance being as full. complete and
hinding as if said rights. powers, priv
i.cGes and immunities were set forth at
length in this instrument.
Thus done aa0 passed IN my notarinl
Office in the City of New Orleans afOre-
snid in the presence If Eolger q. kohnke
ard Walter Carroll, competent witnesses
of lawful age and residing in this city.
who hereuntO subscribe their names. to-
gether with said parties and me. Notary.
on the day and date set forth in the
caption thereof.
Original signed)
(Names of subscribers Omitted)
Witnesses:
ANDREW II. MARTINEZ,
HOLGER G. KOHNKE.
W. w. YOUNG,
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 in
of FOREST & MORO PLAN
TATION. INC, was this day duly re-
corded in my office in book 126S folio -
New Orleans. La, March 81. 1922.
ROBT. SCOTT,
Deputy Recorder.
hereby certify the above and fore
going to be a true and correct copy of
the original act of incorporation Of
FOREST & MORO PLANTATION. INC,
together with the certificate of the Re-
corder Of Mortgages, on file and of record
In my office.
In faith whereof / hereunto set my
hand and seal this thirty-irst day Of
Marc A. D. 1922 W. W. YOUNG. |
Notary Public.