The herald., 1922-07-06
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 APP
point, by written instrument, another
director or stakeholder 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-
sist Of four stockholders, and shall be
composed Of Joseph Burnstein, Joseph
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, 1905
Elm street. Dallas, Texas.
ARTICLE VI. The officers of this cor
pOration shall be al President, and q
Treasurer. and a Secretary, hut the of
fees of Treasurer and Secretary may be
united as Secretary Treasurer. Joseph
Burnstein shall be the first President
Joseph Getz. the first Secretary Treas
urcr. 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
liquidatOrs from among their number. at
after fifteen Q5) 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 n general
meeting of the stockholders convened for
that purpose, after fifteen (15) days
written notice shall have been given to
each stakeholder. mailed to him at his
last known address.
ARTICLE TX. No subscriber for stock
shall ever be held liable for the con-
tracts. faults or debts Of said corpora
ton in any further sum than the I'M
paid balance, IL any, due the corpora
ton on the stock for which ne 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
owned by him; nor shall any mere in
in organization have the effect
of rendering this charter null or render
ing any subscriber or stakeholder liable
beyond the unpaid amount, if any, re-
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
then existing stockholders through the
Board Of Directors at a stipulated price.
and IL the board. for said stockholders
does not see fit to purchase said stock.
then il shall not be sold at less price.
or upon such favorable terms. without
likewise offering il 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
company 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
ito 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 n
said rights. powers. privilege and i'm
nunities were set forth at length in this
instrument.
Thus Gone ana passed in my notarial
office in the city of New Orleans, afore-
said. in the presence Of Victor n. Kiam
tnu u johnson. competent VIII
lesses of lawful age and residing in this |
'ity. who hereuntO subscribe their names, |
ogether with said parties and me. No
ary,- 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 |
,ages 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.
as been this day duly recorded in my
ffice in book 1868 folio AS
New Orleans. La. June H. 1922.
(Signed) ROBT. SCOTT, by. II.
/ hereby certify the above and fore
DING to be a true and correct copy of
he original act of incorporation of
Incorporated, together
nth the certificate of the Recorder of
iortgages, on file and of record in my
ffice.
In faith whereof hereunto set my
and and seal this 18th day of June.
90.
BERNARD TITCHE,
Not. Pub.
une 22-July 81