The herald., 1922-10-19
CHARTER.


Fifty per cent of said capital stock
shall be subscribed before the nling Of
these articles Of incorporation Dur-half
Of said subscribed capital stock -hiu be
paid for in cash before IN, Corporation
engages in business, and the other baIf
within twelve months thereafter. a, pro-
vided by law.
ARTICLE YII.-The capital stock NAV
be increased TO TWO hundred thousand
dollars (S20O,OO0OOJ, in IA, manner pro-
vidrd by law.
ARTICLE VIII.-The business and affairs
of this Corporation shall be-. managed by
Board OF Directors, consisting of sly
90 Directors, each Of whom. -hll own
one or more shares of stock iu hI, own
name. who shall be- elected annually Al
the annual meeting OF tn" sforkhold.r.
All vacancies in the Board Of Director.
from whatever Caus" arising shall h.
hled by the remaining directors, ANY
Director may select any other director IN
act as his proxy to represent him and 10
vote and act in his behalf at ANY meeting
of the Board of Directors
The officers of tn. CORPORATION shall IN.
"A President. a Nicc-Prr>idrut. a Secretary
and Il treasurer who ~haH be elected Inv
the Board of Directors immediately or
as soon as practicable after their own
election. The office of Secretary and of
Treasurer may at any time b. combined
into the Ofii"c OF secretary treasurer and
the Board Of Directors or Stockholders
may at any time appoint OF elect such
other officers or agents as they may deem
proper.
The first annual meeting shall D.. hold
on the first Monday Of October in the
year 1923. until which time the Board at
Directors named in this charter shall hold
office and until their Successors are
elected and qualified
The first Board of Directors with their
pOStOificc addresses. are as follows. Err
nest V. Richards. l40l Tulane Ave. New
Orleans, La; Al Lichtman, go Fifth Ave.
New York city, y. Y; Jacob g. Bach
man, jI6 Fifth Ave, New York City. " \;
Levi VI. Ash. liO1 Tulane Ave. New or
leans La; VIM. II. Gurriugcr, 1901 Tu-
lane Ave, New Orleans. La: BENJAMIN T.
SchuIberg. $40 Fifth Ave. New York city.
y. Y; with said Ernest V Richards as
Pres dent, Al Lichtman a. Nice-Pre>ident,
Jacob G.. Bachman as Treasurer aud L.
VI. Ash as Secretary.
Failure 10 hold the annual meeting shall
rot invalidats this charter. nor impair
same in any respect, but the directors
and officers shall continue TO hold office
until their successors are elected and
qualified.
The Board of Directors may adopt
alter. amend or repeal such bylaws as
the Board may from time 10 time deter
mine not inconsistent with and subject TO
such bylaws rules and regulations as
may be prescribed by the stockholders
ARTICLE IN.-ThiS Act of Incorpora-
ton may be amended, modified. or altered
or said Corporation dissolved, with the
consent of the stockholders holding two
thirds OF the capital stock of the Corpora
tiOn, at general meeting of the stock
holders held for such purpose after fifteen
days previous notice of such meeting
shall have been mailed to such stock
holders in person to their last known
pOstoffice address; which notice. however
may be waived by unanimous consent
Ten days notice shall be given of all
other meetings Of the stockholders. I'M
less otherwise provided by the stock
holders or by the Board of Directors;
and any and all notices may be at any
time waived by unanimous consent.
ARTICLE Mo stakeholder shall
ever be held liable for any obligations
faults or debts of this Corporation. nor
shall any infOrmality of the mode Of in
corporation have the effect of rendering
the charter null or of exposing any stock
holder TO any liability beyond the unpaid
balance due on the shares of stock owned
by him.
ARTICLE NI-Whenever this Corpora
tiOn is dissolved. or for any other reason
its affairs shall be Hquidated, they shall
be liquidated by one or more liquidatOrs
who shall be elected by the stockholders
at general meeting convened for such
purpose. Said liquidator or hquidatOrs
shall remain in Office until the affairs of
the Corporation are fully wound up, and
shall receive such compensation, furnish
such bond, and have such powers and
duties as the stockholders may provide.
In case of the death or resignation or
inability TO act by any of said liquidatOrs,
the stockholders shall fill such vacancy.
ARTICLE XII-The subscribers hereto
have respectively written opposite their
names the amount of stock subscribed by
them in this Corporation, so that this Act
of Incorporation may also serve as the
original subscription list of this Corpora
ton, and have also stated their pOstOff1ce
addresses so as to conform with Act 26i
of 1914.
Thus done and passed in my Office in
the City of New Orleans, State of Lou
isiana, on the day, month and year here
inabove written, in the presence of Maui
rice f. Barr and Clarence W. Greenblatt,
competent witnesses of legal age, and re-
siding in this city, who have hereunto
signed their names with said appearers
and me, notary, after due reading Of the
whole.
IORIGINAL SIGNED\:
Ernest V. Richards. 1401 Tulane Ave,
New Orleans, La. % NINETY eight shares;
Levi NJ. Ash, 1i01 Tulane Ave, New Or
leans. La, (one) share: William II. Guer-
niger, 1i01 Tulane Ave. New Orleans. La,
(one) shsre; Al Lichtman. by Ernest '.
Richards, $40 Fifth Ave, New York, y.
V. 90 NINETY shares; Jacob G.
Bachman, by Ernest V. Richards. $40
Fifth Aye, New York, \; y, ! i 49,9,6
Witness: Maurice +. Barr, Clarence W.
Greenblatt.
CHARLES ROSEN.
Notary Public.
New Orleans. La. October .. 1922.
81, 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 IncOrpora-
ton of the Al Lichtman Corporation OF
Texas, Inc. was this day duly recorded
in my Office. In Book No. 1919, folio -.
New Orleans, Oct. 9th. 1922.
(Signed) "ROBT. SCOTT,
Recorder of Mortgages"
l hereby certify that the above and fore
going is a true and correct copy of the
original thereof on file and of record in
my Office in this city.
Witness my signature and official seal
at New Orleans, La, this 9th day OF
October. 1922.
CHARLES ROSEN,
oct12-nov16 Notary Public.
CHARTER OF GULF STATES RICE
MILLING COMPANY, INC.