The herald., 1922-09-28
CHARTER.

such action. the new stock shall be frs
offered to the existing stockholders in tn
proportion Of their several holdings will
thirty days privilege to pay for the sam
before any stock is offered for sale, o
subscription, to other persons.
! The board is given authority to Fl,
salaries and to change the same at plea
sure.
The board of directors shall be elected
| Immediately after the execution of thi
charter, without notice or other formality
| The board thus elected shall serve for on,
| year, or until the first Monday of Sep
TENDER, 1923, and thereafter, or until it,
successor Is elected and qualified
At the expiration of the term of office
herein fixed for the first board, the board
] of directors shall be elected at a meeting
of the stockholders to be held in the City
of New Orleans, annually, on the first
Monday of September in each year. at
winch meeting any matter of interest 20
the corporation may be discussed and de-
termined as matter of course without
previous notice.
ARTICLE NI-The elections for board
OF directors, as the other acts of stock
holders, shall be determined by a vote of
the majority of the stock present and re-
presented, either in person or by proxy at
such meetings unless otherwise required
by law. Fifteen days notice of all meet
inGs of stockholders shall be sent to the
last known postofiice address of the stock
his postofice address with the secretary
or the company. In the event of his fail
ure 10 DO so, notice addressed to the
stockholder at New Orleans. Louisiana
and ana deposited In the postofice at New
orleans, Louisiana. will be sufficient
notice to the stakeholder aforesaid.
ARTICLE Vino stakeholder shall
ever be held liable or responsible for the
contracts or faults of the corporation in
any further sum than the unpaid balance
hn
owned by him, nor shall any mere infor-
Inallty in organization have the effect of
rendering this charter null or of subject
ing any stakeholder to any liability be-
You'd the unpaid balance due by him
ARTICLE VI1I.-This act of incorpora-
non may be changed, modified, altered, or
The capital stock increased or decreased |
n the manner prescribed by law, at a gen |
hral meeting convened for that purpose
liter hfteen days notice mailed by the |
'ecretary ana treasurer. or the secretary, |
Is hereinbefore set forth, or delivered BY |
lin in person.
ARTICLE IX.-Wheneyer this corpor-
Itlon Is dissolved. either by Limitation or
rom any other cause. its affairs shall be
iquiuated by two commissioners selected
rom ,he stockholders at general or a
peclal meeting Of the stockholders, after
lteen days written notice by the sacre-
airy, as above set forth. or delivery by
ne said secretary in person. the said com
iiSoiohtrS 10 De CHOSEN by a majority of
ne vote OF the stock cast at said meeting
the owners thereof as they appear on
ne books Of the company at the date of
ne said meeting. in person or by proxy,
Ote. W ""e
mus done and passed in my Office. in
ne ,1HF or New Orleans. aforesaid on
le DAY, month and year herein first above ! :
rltten, In the presence of Messieurs En-
cue STANLEY and John Hickey. both COM !
eteht witnesses, of lawful age residing 5
thls city, who hereunto sign their J
iIheS together with the said appearers 2
~ me Notary, after due reading OF these !
Vi '"''e /
Iorlginal signed: James p Williams
81 do Nelson St, 30 shares. 500 per share,
oVO: Francis II. Usina. 1896 prytania !,
- - shares 800 per share So 500. Ed y
una t. Isina. 1886 Prytania 81 ~
ares SlOO per share. s.. 500 =
a. ID. HENRIQUES. JR. o
yy;tnoe Notary Public. 2
ickey. ""'''' 1ohh
l, the undersigned Recorder Of Nor+- 81
Scs' IN ana for the Parish of Orleans n
ltt OF Louisiana. do hereby certify that I:
hpoNe ana foregoing Act of incorporae 9,
~ OF the James +. Williams, Incorpor- CO
81. was this day duly recorded in nv ~
zee in Book 126S Folio 500 my ST
New orleans, La. August 18th. 1900 :,
(Signed) ROBT. SCOTT re
trua con, Deputy Recorder IN
'ap a. d. HENRIQUES. Jr. m
e. 31-Oct Notary Public. in