The herald. [volume] (New Orleans, La.) 1905-1953, 1922-08-17
THE HERALD, ALGIERs, LOUISIANA
CHARTER.

rectors on the day named for that pur
pose shall not dissolve this corporation
but the directors ana officers then II
office, shall hold over until their sue
ccSsOrs are chosen and qualified.
Said board of directors IS further an
! thOriZed to frame and adopt by-Eiw'
, RULES and regulations as the affair!
! and business of the company may Tc
! quirc and it may deem necessary i"'
the conducting and management there
| Of provided. the same does not con
| flict with the charter and the laws "l
I the State of Louisiana. and those u
/ the United States of America, To- mann
/ and appoint such managers. fix tue.l
/ compensation and terms OF rmplor
/ mcnt. as well as MARI and appoint
/ ton may seem fit and proper. as wei
/ as To fix the salaries and terms OF
employment of the officers, employees
and clerks and assistants.
ARTICLE VIII-Th" board of direc.
tors is specially vested with the power
I to acquire and purchase such property
or business or good will, or all OF thvS"
from individuals. firms or other corr"-
rationS. as said board of directors may
deem advisable and proper. and at such
price and on such terms as they may
deem best and to pay therefor in the
capital stock of this corporation or
otherwise.
ARTICLE IN-No stakeholder shall
ever be held liable or responsible for
corporation, nor shall any mere III
fOrmality in its organization. have the
effect of rendering this charter nun. or
Of exposing it's stockholders 10 any
liability beyond the unpaid balauc" dU"
on the stock owned by them.
ARTICLE N-The names and post
office addresses of the subscribers 10
these articles of incorporation and the
number Of shares Of stock subscribed
for by each, are as follows W. J.
sf..hn II 4
,i'orIoSo. one ca Shar": y. -. Ray
mond. twelve G2D shares.
ARTICLE Mai stockholders meet
ingS. for the election of directors, as
above stated. shall he held after fiji
teen days written notice mailed To each
stakeholder Other stockholders meet
inES may be held when ordered by the
board of directors, or when requested
by at least twenty-five t25 - per cent.
of the outstanding stock. Notice Of all
stockholders meetings, other than adj
JOurned meetings, shall be in the man
ucr prescribed for stockholders meet
ings for the election of directors, uu-
less such notice is waived by unaui-
nous consent.
ARTICLE XII-This charter may be
altered or changed, at
special meeting Of the stockholders
called for that purpose-notice Of.
which is to be given in accordance with
the provisions of this chart"r-hy the
vote of two-thirds of all the capital
stock.
ARTICLE XIII-This charter may he
dissolved by the vote of two-thirds of
all its outstanding stock, and upon
with the requirements of
Section 2S Of Act POI of the Louisiana
Legtsla ture for the year 1914 and in tn"
event of such dissolution. TWO Hquida-
tors shall he named and appointed with
all the necessary powers ana authority
all in the manner and as provided by
said legislative act
l. h.
of Albert st. Raymond and /
W j Richards. Jr. up to the sum Of !
fourteen hundred CSl,iOU.UU) dollars, I
Tor capital stock in this corporation con- /
sistS in property to be transferred To !
this corporation. in accordance with /
the provisions Of Section of Act % : /
IF 1914, there is now annexed To th"S" /
articles of incorporation, and to he read !
N connection herewith, an accurate.
detailed and itemized description Of such /
as to amount, location, extent
character and state of Improvement. to-
'ether with a statement OF ITS value rs
ippraiSe by the directors of this cor
,oration. the same as if set forth in
ull in this charter.
Thus done and passed in my office.
m the day and date first above writ
en-. in the presence of MessrS Arthur
7. Ryan and Leon Soils Calm, both
witnesses, domicilIated in
his city, who signed these presents.
ocether with the parties, and me- no
AIRY, after q que TtdulnS OF the Whb.",
he parties hereto affiXing opposite
heir respective names their reSpec-
i've subscriptions to the capital stock
f this corporation which shall conSti-
ute the original subscription list Of
took subscribed in this corporation.
Witnesses: l. Arthur J. Ryan: .
.eon S Calm.
(ORIGINAL SIGNED
A. st. Raymond. - shares: \. Glori-
so. l share: w. J. Richards. Jr.. Il
hares.
(SeaD WIN F. CONKERTON. {
Notary Public.
a true copy:
(SeaD WIN +. CONKERTON.
Notary Public. l
uC l7-Sept 81