The herald. [volume] (New Orleans, La.) 1905-1953, 1922-04-13
CHARTER.
ten proxy. A majority OF the votes cast


shall elect
ARTICLE VI. In the event of the
liquidation or dissolution of this corpor-
alton, the stockholders shall elect three
liquidators from among their number, ut
a 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 the
business and affairs of this corporation.
In case of the death of a liquidator, the
survivors shall appoint a stakeholder as
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
written notice shall have been given to
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 un-
| paid balance. IL any, due the corporation
/ 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 informality in organi-
/ zation have the effect of rendering this
| charter null rendering any subscriber
| or stakeholder liable beyond the unpaid
amount. IL any, remaining due oil 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
H. G..N ion 20
| 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 TX. This corporation is
organized under the laws of the state
| of Louisiana, and especially Act No. 26i
of 1914. and the subscribers hereto, for
themselves and said corporation and for
it's officers, directors and stockholders
hereby accept as part of this charter
and as conditions of this corporation al
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 IL said rights. powers, priv
i.eses and immunities were set forth al
length in this instrument.
Thus done and passed IN my notaria
office in the City of New Orleans afore-
said I'm the presence If Eolger G. Kohnkc
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 r. MARTINEZ,
HOLGER G. KOHNKE.
w. W. YOUNG.
Notary Public.
l. 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
corporation of FOREST & MORO PLAN
TATION, INC, was this day duly re
corded in my office in book 1893, folio =
New Orleans, La, March 81. 1872.
ROBT. SCOTT,
Deputy Recorder.
I hereby certify the above and fore
geing to be a true and correct copy o
! the original act of Incorporation o
, FOREST & MORO PLANTATION. INC
! together with the certificate of the Re
!! corder of Mortgages, on file and Of recor'
in my office.
In faith whereof / hereunto set m!
hand and seal this thirty-frst day
March, A. ID. 1922.
W. W. YOUNG.
Notary Public.
| q