The herald. [volume] (New Orleans, La.) 1905-1953, 1922-07-20
CHARTER.

as conditions may justify or the business
of the corporation may require. The
tenure of office of all the employees of
the corporation shall be during the pleas
ure of the Board of Directors. Any of
the directors shall have the right to ap-
point, by written instrument, another
director or stOckholder to act as his
proxy and in his stead at any and all
meetings of the Board of Directors.
The first Board of Directors shall con-
sst of four stockholders, and shall be
composed of Joseph Burnstein, Joseph
Getz, Bernard Titche and Irving Freud
berg. with the said Joseph Burnstein as
President and the said Joseph Getz as
Secretary Treasurer.
The postOffice addresses of said direc-
tors are as follows: Joseph Burnstein.
1874 broadway. New Orleans; Joseph
Getz, 1912 Canal street, New Orleans
Bernard Titche, 1913 Napoleon avenue,
New Orleans; Irving Freudberg, 1908
Elm street. Dallas, Texas.
ARTICLE vi. The officers of this cor
poration shall be a, President. and a
fees of Treasurer and Secretary may be
united Secretary Treasurer. Joseph
Burnstein shall be the first President;
Joseph Getz. the first Secretary Treas
urpr. and they shall hold office until
their successors are elected.
ARTICLE VII. In the event of the
liquidation or dissolution of this corpor
alton, the stockholders shall elect two
a meeting convened for that purpose.
after fifteen (lj) days written notice to
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.
ARTICLE VIII. This charter may be
modified, changed or altered, or said
corporation may be dissolved, with the
assent of stockholders owning twO-thirdS
of the entire capital stock at a general
meeting of the stockholders convened for
that purpose, after fifteen C5l days
written notice shall have been given to
each stakeholder, mailed to him at his
last known address.
shall ever be held liable for the con-
tracts. faults or debts of said corpora
tion in any further sum than the I'M
paid balance, if any, due the corpora
ton on the stock for which he has sub
scribed: 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
formality i'm organization have the effect
of rendering this charter null or render
ing any subscriber or stakeholder liable
beyond the unpaid amount, if any. re-
naming due on his stock.
ARTICLE y. All sales and other trans
fers of any of the stock OF this corpOr-
alton shall be void, unless said stock
shall have been previously offered TO the
tnen existing STOCKHOLDERS through the
Board of Directors ut a stipulated price.
and if the board. for said stockholders.
does not see fit to purchase said stock,
then it shall not be sold at a less price
or upon such favorable terms. without
likewise offering it to the board at such
price and upon such terms.
In case of sale or transfer OF stock
the then holders of stock of the said
shall have the right to pur
chase said stock in the ratio of their
holdings OF stock Of the company. This
provision shall be written. printed or
stamped on each certificate of stock.
ARTICLE IN. This corporation is
organized under the laws OF the state
of Louisiana. and especially Act No. 267
of 1914, and the subscribers hereto. for
themselves and said corporation. and for
its officers. directors and stockholders.
hereby accept as part Of this charter and
as conditions of this corporation. all the
rights. powers, privileges and immuni
ties granted to corporations and granted
TO and conferred upon officers. directors
and stockholders Of corporations by said
laws and said act: such acceptance be-
ing as full, complete and binding as II
said rights. powers. privilege and i'm !
were set forth at length in this ,
|
Thus Gone ana passed In my notarial |
office in the city Of New Orleans. afore- |
said, in the presence of Victor h. Kiam |
md Elsie q. johnson. competent wit |
lesses of lawful age and residing in this |
'liN. WHO HeTeunlb SuDS'TlDe InelT names, |
ogether with said parties and me. No
airy, on the day and date set forth in
he caption thereof.
Original signed: Names of subscribers
,mitted)
BERNARD TITCHE, Not. Pub.
A true copy.
/, the undersigned Recorder of Mort
yages in and for the parish of Orleans.
tate of Louisiana. do hereby certify that
he above and foregoing act of incor-
'oratiOn of Burnstein- Getz. Incorporated.
las been this day duly recorded in my
ffice in book 1868, folio as
New Orleans, La. June IA. 1922.
(Signed) ROBT. SCOTT, by. r.
I hereby certify the above and fore |
.oing to be a true and correct copy of
he original act of incorporation of
Incorporated, together
With the certificate of the Recorder of
fOrtgages, on file and of record in my
ffice.
In faith whereof i hereunto set my
and and seal this 18th day of June.
800.
BERNARD TITCHE,
Not Pub.
une 22-July %