The herald., 1922-07-13
CHARTER.

StOcknoiuerS Tor the election or directors
shall be held on the second Thursday
in June of each year. unless said day
be legal holiday, and then on the next
bank day thereafter. Any vacancy oc-
curing among the directors by death
resignation or otherwise shall be filled
by election or the uneNpired term by
the remaining directors. Each subscriber
hereto sets after his name his pOstoffice
address and statement Of the number
of shares of stock which he agrees 10
take in the corporation. At all elections
every stakeholder shall be entitled 10
one vote for each share of stock stand
ing in his name on the books of the
corporation, to be cast in person OF by
written proxy. \ 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
iquidatOrS from among their number at
meeting convened for that purpose, after
fifteen (l5D days written notice sent 10
each stakeholder by mail to his last
known address: said liquidatOrs shall
have the authority to wind up the bust
ness and affairs of this corporation. In
case of the death of a iquidator. the
survivors shall appoint a stakeholder ~
success sOr to him.
ARTICLE VII This charter may be
modified, changed or altered or said cor
pOration may he dissolved. with the
assent of stockholders owning two thirds
of the entire capital stock, at general
for that purpose. after fifteen 80 days
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 cor
poration III any further sum than the
unpaid balance. if any, due the cOrpOr-
alton 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 balance, if any, on the stock
owned by him; nor shall any mere in
f0rmality in organization have the effect
OF rendering this charter null or rem
dering any subscriber or stakeholder
liable beyond the unpaid amount. if any,
remaining due on his stock.
ARTICLE IN. This corporation Is
of Louisiana. and especially Act No. 267
OF 1914, and the subscribers hereto for
themselves and said corporation. and for
It's officers, directors and stockholders
and as conditions OF this corporation all
the rights. powers. privileges and i'm
munities granted to corporations and
granted to and conferred Hpon officers
directors and stockholders of corpora
tions by said laws and said act: such
acceptance being as full complete and
binding as II said rights. powers. priv
ileges and immunities were set forth at
length in this instrument.
Thus done and passed in my notarial
office in the city of New Orleans. afore-
said. in the presence OF Andrew r. Mar
tinez and HOlger q. Kohnke, competent
witnesses Of lawful age and residing in
this city. who hereuntO subscribe their
names. together with said parties and
me. Notary, on the day and date set
forth in the caption hereof.
Original signed: Names Of subscribers
omitted)
Witnesses:
ANDREW r. MARTINEZ.
HOLGER G. KOHNKE.
W. W. YOUNG.
Notary Public.
i, 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 incor-
poratiOn of Mars Amusement Co, Inc.
was this day duly recorded in my office
in book 1868. folio
New Orleans. La. June g. 1922
ROBT. SCOTT. Deputy.
hereby certify the above and fore
going 10 be true and correct copy OF
the original act Of incorporation Of Mars
Co., Inc. together with the
certificate Of the Recorder of Mortgages
on file and Of record in my office
In faith whereof I hereunto set nv
hand and seal this sth day OF June
4. ID. 1922.
W. W. YOUNG.
Notary Public.
June I5-July 20