The herald., 1922-11-16
CHARTER.

{ said Corporation, in accordance with Law
r Fifty per cent of said capital stoc
shall be subscribed before the filing o
these articles of incorporation. n.-hsI
of said subscribed capital stock shall h
; paid for in cash before the Corporate
Z engages in business, and the other hal
within twelve months thereafter, as pro
vided by law.
ARTICLE vII.-The capital stock ma,
De increased to two hundred thousan,
dollars (S2OOO0O.OO), in the manner pro
vided by law.
ARTICLE El1I.-The business and affair,
OF this Corporation shall be managed h,
a Board of Directors, consisting of ii;
to) directors, each of whom shall owr
one or more shares of stock in his owI
name who shall be elected apnuaIIv al
the annual meeting of the stockholders
All vacancies in the Board of Directors
from from whatever cause arising, shall b,
hlled by the remaining Directors Any
director may select any other Director 10
act as his proxy to represent him and Ia
vote and act in his behalf at any meeting
OF the Board of Directors
The officers of the Corporation shall be
a PRESIDENT. Nice-President, a Secretary
ana treasurer, who shall be elected NV
the Board of Directors Immediately or
| as soon as practicable after their own
erection. The office of Secretary and of
treasurer may at any time be combined
INTO the Office of secretary treasurer and
the BOard Of Directors or stockholders
may at any time appoint or elect such
otner oncers or agents as they may deem
proper
The first annual meeting shall be held
on the hrst Monday of October, in tho
year 1923, until which time the Board of
directors named in this charter shall hold
once, and until their successors are
elected and qualified
The first Board of Directors. with their
postOffice addresses are as follows: En-
v. Tnla
orleans, La; Al Lichtman, $40 Fifth Ave.
New York City, n. Y; Jacob g. Bach
man. 5.6 Fifth Ave, New York City, n. Y;
Lew NJ, Ash, 14O1 Tulane Ave, New Or
ieahs, La; VIM. III. Gueringer, lfOI Tu-
lane Ave, New Orleans, La. BENJAMIN p.
Schulberg, $40 Fifth Ave-, New York CITY.
n. T.; with said Ernest " Richards as
resident, Al Lichtman as Vice-President,
NJ. Ash as Secretary
FAILURE to hold the annual meeting shall
not invalidate this charter nor impair |
same an any respect, but the directors |
anu oIneers snail continue to hold Office |
qualified. anu
The Board Of Directors may adopt |
after; amend or repeal such bylaws as
1ne Board may from time to time deter
mine not inconsistent with and subject TO
such bylaws, rules and regulations as
may be prescribed by the stockholders.
, ARTICLE lX.-This Act of Incorpora-
ION may be amended. modified, or altered,
'r said Corporation dissolved with the
consent OF the stockholders holding two
nlros OF the capital stock of the Corpora
ION, at a general meeting of the stock
,oIuers held for such purpose after fifteen
lays previous notice of such meeting
'hal nave been mailed to such stock.
ioiuers In person to their last known
Dostofnce address; which notice. however,
nay De waived by unanimous consent.
Ten days notice shall be given OF Ali I
ther meetings Of the stockholders, un-
ess otherwise provided by the stock 4
olders or by the Board of Directors: c
no any and all notices may be at any I
Int waived by unanimous consent q
ARTICLE X.-No stockboIder shall I
yer be held liable for any obligations e
tuits or debts of this Corporation. nor S
na any informality Of the mode Of in d
va p oh a.ion nave the effect of rendering a
older to any liability beyond the unpaid n
Y him. NA '""eu 4,
ARTICLE XI-whenever this Corpora- b
on is dissolved, or for any other raason D
5 analrs shall be liquidated. they shan a
hquldated by one or more liauidators n
no snail be elected by the stockholders p
seheSai meeting convened for such n
- pose. Sald Incubator or liquidators +
lali remain in Office until the affairs Of o.
e corporation are fully wound up, and IL
lau receive such compensation. furnish c.
zen pond, and have such powers and s,
do |
case of the death or resignation or d
aolnty 10 act by any of said Iquidators. 81
e stockholders shall fill such vacancy I'll
ahIICLE NlI.-The subscribers hereto in
- i1spectVeiy written opposite their ell
mes the amount Of stock subscribed by re
EN- IN this Corporation, so that this Act ca
incorporation may also serve as the m
lginaI subscription list of this Corpora ey
a. - ,o anu nave also stated their postofice II
1914. Win Ae' <o' a
Ihns done and passed in nv Office I'm sh
lily OF New Orleans, State of Lou ur
ana on tne DAY, month and year here an
lDove written, in the presence of Man or
e +. Barr and Clarence w. GreenbIatt DR.
nPetent witnesses of legal age, and re. to
ing In this city, who have hereunto an
!, neo their names with said appearers tn
4 me- notary, after due reading of the Gel
ORIGINAL sIGNED\: co co
.rnest v. Richards. 1401 Tulane Ave. tn;
y, orleans, La, 9s (ninety-eight) shares of
ms. La, / tone) share; William III. Guer- Gel
er' l4Ol Tulane Ave, New Orleans. la me
one) share; al Lichtman, by Ernest " dir
'n oH o16 Fifth Ave. New York, N. be
,h@an. nhSe y E4naS.t shares; Jacob g; wh
tn Ave. New York, N. fonsS ito
re BENJAMIN P. Schulberg, 57s Fifth alb.
:: New York, N. Y, (one1 share. tor
illness: Maurice f. Barr, Clarence w. est
enoiatt. all
CHARLES ROSEN. sar
..>, Notary Public. ma
New Orleans. La. October Q. 1922. fail
l, the Undersigned Recorder OF Mort sis
es' In and for the Parish of Orleans ha,
'e OF Louisiana, do hereby certify that Of
ABOVE and foregoing Act of Incorpora- the
OF the Al Lichtman Corporation of and
as INC, was this day duly recorded or
my once, In Book No. 1919, folio - on
Orleans. Oct. 9th, 1922. T.
(Signed) "ROBT SCOTT boi
bsr.hr o.,.,t ecorder or Mortgages" hel,
10 g. lilly tnat the above and fore fled
mai thereof on file and OF record in pos
office In this city. The
itness my signature and official seal N
New Orieans, La, this 9th day of Sim
CHARLES ROSEN, L.
--ho'io Notary Public of
lean
A1TE8 OF GULF STATES RICE n