The herald. [volume] (New Orleans, La.) 1905-1953, 1922-08-31
CHARTER.


The board is given authority to fix
salaries and to change the same At plea
sure.
The board of directors shall be elected
Immediately after the execution of TINS
charter. without notice or other formality.
The board thus elected shall serve for one
year, or until the first Monday of Sep
TENDER. 1923, and thereafter, or until its
successor is elected and qualified.
At the expiration of the term of Office
herein fixed for the first board the board
OF directors shall be elected at meeting
of the stockholders to be held In the city
of New Orleans, annually, on the first
Monday of September in each year, at
whlch meeting any matter OF interest L"
the corporation may he discussed and de
termined as a matter of course without
previous notice.
ARTICLE VI.-The elections for board
OF directors, as the other acts of stock
holders, shall he determined by a vote of
the majority of the stock present and re
presented, either In person or by proxy, at
/ such meetings unless otherwise required
| by law. Fifteen days notice Of all meet
\ inES of stockholders shall be sent To the
last known pOstoficc address of the stock
l holder. and the stockholdrr shall record
his poStOfiCe address with the secretary
of the company. In the event of his fail
urc to do so, notice addressed to the
| stakeholder at New Orleans, Louisiana,
and deposited in the pOstoilice at New
Orleans Louisiana, will be sufficient
notice to the stakeholder aforesaid.
! ARTICLE Vino stakeholder shall
ever be held liable or responsible for the
contracts or faults OF the corporation in
any further sum than the unpaid balanc"
due the company on the shares of stock
owned by him. nor shall any mere infor
mality in organization have the effect of
rendering this charter null or of subject
ing any stakeholder TO any liability be
yOnd the unpaid balance due by him
ARTICLE vIII.-This act of incorpora-
ton may be changed, modified, altered. or
the capital stock increased or decreased
In the manner prescribed by law, at n gen
eral meeting convened for that purpose.
after fifteen days notice mailed by the
secretary and treasurer. or the secretary,
as hereinbefore set forth, or delivered by
him in person.
ARTICLE IX.-Whenever this corpor-
alton Is dissolved, either by limitation or
from any other cause. its affairs shall be
iquidatcd by two commissioners selected
from the stockholders at "A general or a
special meeting of the stockholders, after
hftecn days written notice by the sccre-
tary, as above set forth, or delivery by
the said secretary i'm person, the said com
miSSioncrs to be chosen by n majority OF
the vote of the stock cast at said meeting
r 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.
Thus done and passed in my Office in
the City of New Orleans. aforesaid. on
the day, month and year herein first above
written, In the presence of Messieurs Flu
gene Stanley and John Hickey, both com
petent witnesses of lawful age, residing
: in this city. who hereuntO sign their
names together with the said appearers
and me. Notary, after due reading of these
presents.
: Original signed): James =. Williams
To- 1881 Nelson St. 80 shares. 500 per share,
o 5000: Francis r. Usina. 1896 Prytania
V st, y shares, 800 per share. 81, 800; Ed
r mund Il. Usina. 1896 Prytania st, q
r shares, 800 per share, $1,000.
q A. ID. HENRIQUES. JR.
: Notary Public
= Witnesses: Eugene Stanley. JohT
Hickey.
], the undersigned Recorder Of Mort
. cages, in and for the Parish Of Orleans
IS State of Louisiana. do hereby certify tha
n the above and foregoing Act of incorpora
- ton Of the James p. Williams IncorpOr
= ated. was this day duly recorded in my
o office. in Book 1893. Folio 500
u New Orleans. La, August 18th, 1922
(Signed) ROBT. SCOTT.
~ Deputy Recorder
y true copy:
/, (SeaD A. d. HENRIQUES. Jr..
II Notary Public
y AuP Loot x