The herald. [volume] (New Orleans, La.) 1905-1953, 1922-08-10
cHARrEn$

shall have fn.. Proper: aes G.
a and dispose Of the poS.rS %
a arrcriP,oorat,ons; and Do n eapitslSs ..
e eraS all the risbit1u 'ther ne
grants under tbs AIs and IsAl
LoaisId%n aaI'lII9 esi:Iyy Under q ,SaS
AETICLE IT. Of III
poration shall ha ne dOnieit
cans, State Of u In TIE pFs
ION. Ions, or other Legal 'iaHs, ~.
I nsrved upon the ptsc.'
president. absence NJ
ARTICLE III-r,
poses for which me ne Obje,,
Siniled, and the n ms eorDs,,,
TO be: =" ny II. are 1
buy. sell exc6 Ia principal o.
IN real propertv and gsO... ~
lease lease" dw to build, ope ers,.sd
"!I kinds and des uses, bUsio-s. \
exchange and genS,aiPtion.; y
general ' real ei,I p,ropsfiy st =
,'I,..' including dtsssAcies ~
sS'tte, act as age,, We rgh,
Ia Tact for any pars broke =
build tbrra acquire vacant !ip'a
par Necessary or iDa siSSastalI
'',iy enumerated herein y vssSs
co AETIcLE Iv-TGe c,a !, lot
s s'x. ;. is hereby Issplta Rsa
SIXTY thousand CssO "a a Ike a \.
INTO and Representa- ioSVVOl dOass
$4,000, dollars 'Is p1 De, value .s.r u a.
In the event any ho,,
stock as well as holder q
helrS, desires TO sal widow
S 5iIlle ,,.,i such holder or VI av ol'pSs
ms widow. estate or h. GIsne ~
atr such stock to the ae a, aOs \
through the board az Sihei sss.
chase for a period NJ ;, !. olfectsn y
az at the price of said st .oS oan i :,
o.e corporation, and s "a ts y
OF ten days, the said ,outlAs ID
exclusive right to purcsSiAa0lta \
the proportion OF tbsi, IsS Vii =
y ~ |. the purchase Of ss dSi' y!
may elect; and in the a's a, slet
$40 st,O,ckholders, through ,s ssslt
idli 70 make said purchss ssia w
period at the price otsssnSs With !
tba n;od aforesaid, then and p !.
me a. stockholder or stocIS c y u
as his widow, estate ~ Sldsn
dispose Of his stock, ma, As sin "a
see fit. VI persons
No transfer of stock shan
upon the corporation unlsa. al y
corded upon the books ~ y. nats
me corporation shan S.Sa Wy e'lc
re1use to transfer any s,"' s h' 4
ihe stakeholder demapdiUs ' !
~ IN any way indebted = u
Ton and the corporate" y. q
Hen pledge and priyileSaa Va
OF stock to secure anv "a ~
by the shareholder to t5s D, s..s
ARTICLE V-The corno,, IVA
thls corporation shall be yss,ss ~
ercised by a board OF S,,Aa . u
number, who shall be stoctS.aA
corporation and who shan %oosa
The stockholders ANNUALLY ~ e
meeting to be held on the 49,,
Oh June. and the said bos,S ~
ana is hereby vested with N w
crate powers Of this corno,,s..
only to such restrictions a. NV
n mentioned. Not less th,, ~.
tors shall constitute CHAR.
transaction Of any business ~
GARD of directors. w
From the said directors ,b,. a,
elected annually, the Officer. y
poration as follows: It
md. A vice-president; 3rd
ana 4th. 4 treasurer. Tn hs,.
rectors shall also have the ns,.
point an assistant secretsrr :.
not be a stakeholder. Ths fsU.,..
sons. each Of whom are and a
declare themselves TO be bon, A
or at least one unpledged Eh,n
IN this corporation, shall ccDs,s,
hrst board Of directors: CSr~
president, 701 Pine Street y,r 4.
La; Alfred AlltmOnt yice.pr,,Is.,
Pine Street, New Orleans La E,rr
ter. treasurer, 1911 valmont Strw d
orleans, La; Joseph Z. Blum. ~
14l6 Cadiz Street, New Orlsp, b
The said board Of director
named shall continue in osIc, mi
successors are elected. Each bws
directors at the first meeting IN
election, shall elect officers fr 4
poratiOn as hereinaboye PROVIDE
shall likewise hold Office Tor On, "
Notice of stockholders anna u
must be delivered personally o.
posting in the post Office proper
dressed to each stOckholder st nx
teen days before such metini
stockholders meeting may be hta
ordered by the board Of directors
holders Of at least thirty-fre IxS
cent. of the outstanding stOek, ia
tice as aforesaid. The board Of tr1
shall appoint a stockholder to g
commissioner at election Of bosn
and in the event Of said GU
SiOner falling to be present q u
fixed for a meeting. the presideni ~
point another stakeholder In BIS tn
Failure from any cause to elsi
ters on the day named for TIE ~
will not dissolve this corpofstal Y
directors in office as well o "
officers of the company shall NJ
until their successors are ehosef D
event the president shall cauS .
election TO be held within thirty ~
1T a date and hour named By Nm
the notice to the stockholders y "
by law.
At every election and neetif
shall be entitled y -
FOR each share Of the capital aod
standing In bis nine .
may vote such stock BY xnun
given to any other person % "
him at such meeting. The eecnas
rectors shall be by ballot ihd u
iority of the amount OF voles -
,lect the person or persons w
hey have been cast
ARTICLE VIA special nesM
BOARD of directors Of this
nav be called at any time fef y
pose by the president or upcn ~
my stakeholder holding a ia
he stock Of this corporauoh, -
ARTICLE vII-This act q ~
ion may be changed, modiile1 W.
d, or the corporation dissolve. ,.,;,,I \
# two thirds of the eatife - !,
present or represented. at - a
ng of the stockholders CONVEX ,' Nj
purpose, after previous n0n e.,. :. "A
,een given in the manner seom
o be given Of the amman
corporation. % al. oys5,
hall be dissolved, either py - Il 1
rom any other cause. Its a1a a.,.
ionjdated by three eommlssls..s..l,
onvened for the purpose q \ ds]
nd TO be elected by tne W. .rrt
voting upon
shall remain In en ~ =
fairs of the corporation 80. "a erc
ully settled and liquidai ,sso, 4, y
ave full power and sut y. ,sw,,,ry
or and give title to all ~ ths ~ si Z
ssets of the corporalios.. Al dnt
ute the proceeds. In cav ~. y ~
bility or resignation s, 9, NJ \, ~
he vacancy shall be file' !"