The herald., 1922-09-21
CHARTER.

The board is given the authority 70
! fix salaries and to change the same
| at pleasure.
! The Board of Directors shall be
elected Immediately after the execution
of this charter, without notice or gtc.r
| formality. The board thus elected shall
serve for one year, OF until the FIRST
| Monday of September. 1923, and there
I after, or until its successor - elected
and qualified.
: At the expiration OF the term OF
office herein fixed FOR the first hoard
| the Board of Directors shall be elected
at a meeting Of the stockholders 10
/ be held in the city OF New Or.can.
Z annually on the first Monday Of Sep
TENDER in each year. at which meet
/ ing any matter Of interest to the cor
pOratiOn may be discussed and deter
mined as matter Of course without
! previous notice.
| ARTICLE VI The elections FOR
Board Of Directors, as the other acts
| of stockholders, shall be determined
| by a vote Of the majority % the stock
present and represented, either in per
| son or by proxy, at such meetings.
unless otherwise required by law Eff
! teen days notice OF all meetings OF
| stockholders snail be given IN writing.
The notice shall be sent to the last
! known postoffice address Of the stock.
| holder, and the stakeholder shall re-
! cord his pOstOfIiCe address with the
secretary OF the company. In the event
l.
dressed to the stakeholder at New or
/ leans, Louisiana and deposited in the
pOstoffice at New Orleans, Louisiana
will be sufficient notice to the stock.
holder aforesaid.
ARTICLE VII. No stockholder shall
ever be held liable or responsible for
the contracts or faults of the CorpOr-
alton in any further sum than the un-
paid balance due the company on the
shares OF stock owned by him, nor
shall any mere infOrmality in Organi-
cation have the effect of rendering this
charter null, or Of SubJeCtluS any
stakeholder TO any Liability beyond the
unpaid balance due by him.
ARTICLE VIII. This act OF incor-
pOratiOn may be changed, modified or
altered, or the capital stock increased
or decreased In the manner prescribed
by law, at a general meeting convened
notice mailed by the secretary and
treasurer or the secretary, as herein
above set forth, or delivered by him
in person.
poration is dissolved, either by limita-
tion or from any other cause its
affairs shall be liquidated by two COM
missioners selected from the stock
holders at a general or special meet
ing OF the stockholders, after fifteen
days written notice by the secretary
and treasurer or the secretary, as above
set forth, or delivery by the said Sec
ers TO be chosen by a majority of the
vote of the stock cast at said meeting
by the owners thereof, as they appear
on the books OF the company, at the
date of the said meeting, in person or
by proxy. each share Of stock to be
entitled to one vote.
In the event of the death or in
ability or failure of either of said
commissioners shall liquidate the at,
fairs of the corporation.
Thus done and passed at my office.
in the city OF New Orleans, state Of
Louisiana, on the day, month and year
herein first above written, in the
and John Hickey, competent Witnesses
of the full age of majority and resi-
dents of this city, who have. signed
their names together with the said
reading of the whole.
Original signed: v. r. Freret, 1886
Pension street, New Orleans. La, fifty
shares; J. B. Rosado. 1915 Banks street
shares; Louis NJ. Schiller. COPS Pitt
street New Orleans. La, ten shares.
Witnesses: Eugene Stanley. John
A d. HENRIoUES, JR.,
Notary Public.
cages, in and for the parish of Orleans,
state of Louisiana, do hereby certify
that the above and foregoing act OF
incorporation Of the Freret Drug Co.
Inc, was this day duly recorded in
my office in book 1868, folio 549.
New Orleans, July 81, 1922.
(SigneD ROBT. SCOTT. Dep. Rec.
hereby certify the above and fore
going to be a true copy OF the original
act extant and of record in my current
Notarial Register.
In faith whereof, grant these
presents under my signature and the
impress of my seal of office.
New Orleans, La, Aug. g. 1922
(SeaD A. D. HENRIQUES, JR.,
- ca , Notary Public.