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

amounts and manner as the board of di
rectors may determine.
3. The capital stock may be increased
to Five Hundred Thousand Dollars ($5OO,-
000.00).
ARTICLE V. l. All the powers of this
corporation shall be vested in and the
business and affairs shall be managed
| by board of six 90 directors, who shall
be elected by the stockholders annually
at the annual meeting, which shall be
held on the first Monday of June of each
year. The first annual meeting shall be
held on the first Monday OF June, 1923
.. The officers of this corporation shall
consist of a President Nice-PreSident
/ stockholders or the directors may elect
such other officers as they may deem
proper and fix and determine the power
and duties thereof.
! 3. Immediately after, or as soon as
practicable after their own election, the
| directors shall elect from among their
own number the President, the Vice
President, the Secretary, and the Treas
urer of the corporation.
! 4. The names and pOStOftce addresses
! of the first board of directors and officers
are as follows:
Julian IL. Saenger. President. IiOI
| Tulane Avenue, New Orleans, La. ::
Harry Enrich, Vice President Shreve-
Shreveport, La; l.. NJ. Ash. Secretary.
IiOl Tulane avenue, New Orleans La
r. V. Richards, Jr, Director, l4O1 1u-
Frank. Director, shreveport, La. said
officers and directors shall hold office
until he first annual meeting. or until
their successors are elected and qualified.
D. All vacancies in the Board of Direc-
tNr may be filled by the remaining drec-
tors. Any director may be represented
at any meeting of the board by any other
director or stakeholder by written or tele-
graphic proxy.
g. The failure to hold the annual
meeting and elect directors shall not
Affect this corporation nor impair its
management in any respect, but the direc-
tors and officers in office shall continue
until their successors are elected
.. The Board of Directors may make.
amend or repeal all bylaws. rules or
regulations which they deem proper for
the regulation of the corporation, not in
consistent with such bylaws, rules and
regulations as may be made by the stock
holders.
:. All elections by the stockholders
shall be by ballot, at the office of the
company, in accordance with such regu-
latiOns as the Board of Directors may
determine, and at every such election
and at all meetings of the stockholders
each share of stock shall be entitled to
one vote, to be cast by the registered
owner or by his agent or representative
by written proxy.
ARTICLE VI !. This act Of incOrpor-
alton may be modified, changed or altered
or said corporation may be dissolved
with the assent Of twO-thirds of the cap
ital stock outstanding. at a meeting of
pose and after fifteen days written
notice has been delivered in person or
given by letter mailed to the last known
address of each stakeholder The said
notice may be waived by the unanimous
consent of all the stockholders.
>. In case of the dissolution of the
corporation its affairs shall be liquidated
by one or more liquidatOrs elected by
the majority vote of the stockholders
with such powers. compensation and
duties as the stockholders may determine.
ARTICLE VII. No stakeholder shall
ever BE held liable for the faults or con
tracts of this corporation in any further
sum than the unpaid balance due to the
corporation on the shares subscribed by
him, nor shall any mere infOrmality in
organization have any effect TO render
the charter null or of exposing any stock |
holder to any liability beyond the unpaid
balance on his stock.
ARTICLE VIII. The subscribers here
to have respectively written opposite |
their names the amount of stock sub
scribed by them in this corporation, so |
that this act of incorporation may also |
serve as the original subscription list of
the corporation. and they have stated |
their postOffice addresses. so as to con- /
form with Act 267 Of 1914.
Thus done and passed at my office in |
the city Of New Orleans, state of Louis |
lana. on the day. month and year herein |
nrst above written, in the presence of |
III. H. c. Wedemeyer and Eugene NJ |
Clarke, competent witnesses of the full |
age of majority and residing in this city.
who have hereunto signed their names
with said appearers and me, Notary, after
due reading of the whole.
Original signed: Julian II. Saenger.
l4Ol Tulane avenue. New Orleans, La. 400
shares; l.. NJ. Ash. 14O1 Tulane avenue.
New Orleans: La. share; f. V. Rich
ards, Jr., 14O1 Tulane avenue. New Or
leans. La. j share: Simon Ehrlich. by
i. NJ Ash. Shreveport. La. go shares:
Harry Ehrlich, by l.. ~ Ash, Shreveport.
La, 80 shares; Nose Frank. by l.. VI.
Ash. Shreveport, La, share.
Witnesses:
II. II. c. wEDENEYER.
+. NJ. CLARKE.
CHARLES ROSEN.
Notary Public.
New Orleans. La. June IA, 1922.
/, the undersigned Recorder Of Mort
cages in and for the parish of Orleans,
state of Louisiana, do hereby certify that /
ltion of the Saenger- Ehrlich Enterprises,
Inc, was this day duly recorded in my /
office in book No. 1868. folio
New Orleans. June IA. 1922.
(Signed) ROBT. SCOTT,
Recorder of Mortgages
1 hereby certify that the above and
foregoing Is a true and correct COPY of
he original on file and of record in nv
office in this city.
Witness my signature and official seal
It New Orleans, La, this 14th day of
Tune, 1922.
CHARLES ROSEN.
Notary Public.