The herald., 1922-12-14
CHARTER

citations or other -
reta ns:on Or or FL, in his sS sSs,stt "
poses for which me me object,
ganlzed and the ns ms corpor,.@
be carried on nv azure .ee Of a. 2
deal O IN Al, sell, manufscstsse. dscl,rs
count I IN ~ aii classes Of Ss'k and
~ mission s,; to receive su Or ~ ~
r rla, and to d, 'onsisnnest, VI
may be Necessary o. any Or an
hectlon with its h VI eonveuis,!a in
eNtent and as fulIsu slness, IA .hS
might do. and in as naS,,% y
own i seeure' take, aco Siit Of M
In Inr and dispose Of I real Or ?, otAss
To establish. 49,. s the'str, 1
trade marks In snv acquire ana
TO charter, Inv part Of he "a.
y wardt steamers. barrsssa 3, ODsS,
nrnran and such M Lighter y y
r ! ~ sents as may san oDaet nsce,,,.
'He best interests Of 't IN atvsntsss !
ARTICLE Iv-The ~, s.s, e'oiporaaS
corporation is hershes capital ro.s
S SIy,d hundred . thousand dag dat1 At IL q
d ~ into one thouSSsOIt ll@s
U 1s,d me par value on onnG (leN
OSiVO.OO each. all Of v vse huadres ~
mon stock, and the ar nnien shan \ ~
eapltai stock may he ,D pnt to W.
hAed at the sum q, ~, increased /,
thousand dollars fs $50 inrndrsd -
n n,USH snall be issued oujv ~ d.
r r..coi1ea OF property Or ioi al =
.ecelved by or rendersS services w
Ion Ion said stock shall h. 20 % said WI
Ine time of its ISSUANCE luily psia Y
non assessable, aud ther.,s'a |
Fifty per cent f5oc,
dollars (S50,0OOOOj Of p ,S :, htty ns,.
shall be subscribed han, ;ne eapia ~ |
Ihls act OF incorportion he tE,,
cent; !1o%o) Of the amo,, ana thT
shaIl be actually paid a. % EGssi
poration engages in hrs; ~ oeis,e b. !.
mainder Of the amorn BUSINESS snd ~.
oft nr 1 ne pald in within one y w, nlsrAS
S St me date hereof; tia "a! .ssi f'n y |
800 :" ~ snail be issued and M. ,'ss,'a's 4 s
10 10 inc action and call y gag iar MI.
directors In conformity W., ne hasa
PROVISIONS of law relatins 'a te ur'. |
The parties hereto bs,as nerea
me number Of shares a, suhsrA. =
the said corporation Ga, eapltal Sod
H. signatures on Ia 'I ss "a
of. ana made par
ARTICLE VAN the .o..
OF this company shall ha So.poiale MA
management and cont,o, 's.sa IA NJ
cnas,s Ve exercised by a board a. y g. ID
n nUnsiS .Lg OF not less than tb,..u sir
more than five stOckholders ,a,s M
whom snail constitute a oas.a @aletl
transaction Of all business las
tors shall be elected snns.r Inc u
stockholders on the tbi,S
January in each year Fseh Ieescg
snail be entitled, In narso. aockiis
20 O. Tote tor every share oEa.S ny
anu al elections shall be heB ~ 7
rules and regulations as ma sAls y
Iermlned by the board on 49, !
hfteen (15l days notice nv ,,n "a
election shall have been -, la Il
at his last kre.. "a
All voting shall be bv hsnn, MN
rectors thus elected shan caS,,, ~
nee LOT one year, or until tAeIr -.
shall nave been duly elected ana s..Is1 |
any vacancy occurring On ~
snail be filled by the remaIpl,s -. ~
TOT the unexpired term: M -, go s
shall likewise elect tho sdai,,a,., ~
Ders In case they should ds,sr~..
crease the number Of said hosrs. ~,
Dificers and employees shan bals ~
the pleasure of the board. "a
The board of directors ss,u =.
nually from thor number nrsss... :,
nay elect one or more vlce-pr.SSsss
they shall also elecr a secre,sr nj
treasurer, which two latter osSr.s ~
1lled by one person, and vhieh r,s
persons need not be a stockhoId,, =
The first board Of directors ss,n -.
Oh three (3l stockholders and M
composed OF Juan Argote, Who's hi I
lice address Is No. 1883 St. Chsr., n
nue., New Orleans, La; PseuL 4 =
chez. whose post Office addres, h nn
a ra6ella Street. New Orleans a. \
Egidio lore. whose post oaies sil-
IS No. 1z05 North Broad Street yr 3
leans. La. with the said Juan Ana
president: Pascual r. SANCHEZ d "A
president, and Egidio Tore, a s,nr
and treasurer. The above nina ~
Of directors shall hold Office uul ;
third Tuesday Of January, INA ~
successors are elected and quallid
The board Of directors Is furis .
thorized to frame and adopt nd y
avs. rules and regulations Is tk ID
md business of the compsny nsy nm
md 1t may deem necessary for hs n
iucting and management Thereof pm.
ed the same does not conflict vlt n |
charter and the laws Of The rzp
Louisiana and those Of tae United nr
Df America; to name and appori ~
ayers. fix their ctnTensstien and IN
)f employment. as well as name al Z
point agents and employees q Il ~
,retion may seem 1T and proper o u
rs to fix the salaries and terni 4 .
ployment Of the officers snfsl.
Jerks and assistants.
The board Of directors nay. 4 ~
line. issue any unsubscribed Ski ~
payment therefor, In accordance sln y
10 such person or persons Is ne WI
nay deem proper.
No transfer Of stock shall b b'ia
On this corporation unless made w J
books by the surrender Of the oulsnaa
certificate properly endorsed by N
yistered owner, or BY his duly eolk1s
agent, or legal Representative. isa :
,ordance with such rules and ne1sD
Is the board of directors may pfsr
ARTICLE vI-Notice Of al no.
held for the election Of direefcft
my other purpose, shall be give,
ng by the secretary, and NAY y
or deposited In me nn
dressed fifteen Q5) days befon
is held. and directed
at his last known hool
he same shall appear on ne 49,
he corporation. unless SAID n
waived in writing by al o. ~
holders appearing Upon the boeLn I
Of stockholders z nlo1
he votes cast shall be sunlcisn
Or decide all questions voted w.
,ept for the alteration, arnendns@
of the corporation. /.
ARTICLE vII-This charter 5 =
changed or altered, o. - !. -
,oration may be dissolved win
II stockholders owning two-thIrg
,ntire capital stock at genss 4
ng Of the stockholders eon,ens s.,,,r 3
purpose, after fifteen days .s
ice shall have been given 2 80 .
holder, mailed to his last
iress. A
ARTICLE vIII-In the sse =. ~
or dissolution o. ~ ~ y
,tion. the stockholders snah .sssr
iquidators from among tneli 900
meeting convened for ln. "A
Ifter ten days written notice sssn \
by mail to bis lar ~ - n >
Iress; said liquidators snali - ~ Z
hority to wind up the pua -
airs Of this corporation. ID - 4. 90
n either of said liQuidalon' 80