The herald. [volume] (New Orleans, La.) 1905-1953, 1922-08-03
CHARTER.

ARTICLE III. The domicile OF this
Orleans, parish Of Orleans, state Of Lou
isiana, but il may establish offices and
agencies throughout the United States
of America. All citations or other legal
dent Of said corporation, or, in the event
Of his absence, upon the Vice-Presidcnt /;
or, in the absence of both, upon the
Secretary Treasurer.
ARTICLE Nv. The capital stock OF
this corporation shall be Five Thousand
fifty shares of the par value OF One
Hundred Dollars (s100.OO) each, which
shall be paid for in cash or its equiva-
lent, for property. for labor performed.
amount to which the capital stock OF
this corporation may be increased shall
be- 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
erty 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 Board OF
directors composed OF not less Inan
three stockholders, who shall be 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
quorum for the transaction Of business.
The officers Of this corporation shall
be a President, Vice President, and 4
Secretary-Treasurer, povided the Secre-
tary- Treasurer may be one officer. or
nually by the Board of Directors from
among their number; all directors and
officers shall be elected for term OF
one year. hut shall hold office until
their successors are elected and qualified.
Any vacancy in the Board Of Direc-
tors or offices from whatever cause shall
he filled from among the stockholders
by the remaining members OF the board.
power. without reference to the stock
holders of the company, to buy. sell,
lease, mortgage, hypothecatr, borrow,
issue bonds. notes and pledges OF all
kinds. whether on movables or immoy-
ahles. and generally to exercise all pow
ers conferred on the Board Of Directors
by these articles OF incorporation.
All elections shall be by ballot; each
share shall be entitled to one vote. and
the majority Of the votes east shall elect
At all meeting each stakeholder shall
be entitled to one vote. either in person
or by written proxy, for each share Of
stock standing in his name on the books
Of the corporation; provided that no
which has been transferred upon the
books within thirty 500 days prior tc
the said meeting
ARTICLE vi. No stakeholder shall
ever be held liable for the contracts
faults or debts of this corporation. MOI
shall any mere informality in fits organ
ization have the effect OF rendering this
charter void or exposing stockholdcr
ance due on the shares owned by him.
ARTICLE VII. The first Board of
Directors shall consist Of Nick Chisesi,
President, whose postoffce address is
OLA Governor Nichols street: Joseph
Chichesi,, vice-President, whose post
street, and Charles Stewart, Secretary
Treasurer. whose postoffice address Is
1e0s North Rampant street, all in the
city OF New Orleans.
ARTICLE VIII. This act Of incorpor-
alton may be changed. modified, altered
or amended. or this corporation NAV he
dissolved with the assent of stockhold
ers owning three-fourths OF the stock
Of the corporation present or repre-
sented at general meeting convened
for that purpose and after at least ten
DAYS written notice has been given
through the mail to each stakeholder at
his last known place Of residence. In
case OF dissolution by the expiration of
this charter or otherwise the stockhold-
ars shall elect three liquidators from
among their number to settle the busi-
ness and affairs of the corporation.
In case OF death or disability Of anv
Of said commissioners or liquidators,
the survivors shall elect or appoint n
successor to him: and II they fail to
agree on his appointment, then they
shall wind up the affairs Of said cor
poration.
Thus done and passed at my office in
the presence Of TT. NJ. Ansley and +. $.
Gardiner. competent witnesses, who ha-"
hereunto signed their names with said
appearers and me- Notary, after reading
of the whole.
Original signed: n. Chichesi. "A shares /:
Joseph Chisesi, 1 share; c. Stewart 10
shares
Witnesses:
TT. NJ ANSLEY.
f. s. GARDINER.
c. DE LUCAS.
Notary Public.
T. 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 in
corporation Of n. Chisesi < Co.. Inc.
was this dav duly recorded in my office
in book 1858 folio f34.
New Orleans June %. 1922.
ROBERT SCOTT, by. r.
c. DE LUCAS.
Notary Public.