The herald., 1922-04-06

the remaining directors. Each subscriber
hereto sets after his name his postofice
address and a statement Of the number
Of shares of stock which he agrees to
take in the corporation. At all elections
every stakeholder shall be entitled to one
vote for each share of stock standing in
his name on the books Of the corpora
ton. to be cast in person or by his writ
ten proxy. A majority of the votes cast
shall elect.
ARTICLE vi. In the event of the
liquidation or dissolution of this corpOr-
alton. the stockholders shall elect three
liquidators from among their number, at
a meeting convened for that purpose.
after fifteen N5) days written notice
sent to each stockholder by mail to his
last known address,; said liquidators
shall have the authority to wind up the
business and affairs Of this corporation.
In case Of the death of a liquidntor. the
survivors shall appoint a stakeholder as
successor to him.
ARTICLE VII. 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 u5) days
written notice shall have been given TO
each stakeholder. mailed to him at his
last known address.
ARTICLE VIII. No subscriber for
stock shall ever be held liable for the
contracts, faults or debts OF said corpor-
alton in any further sum than the un-
paid balance, IL any. due the corporation
on the stock for which he has subscribed {;
nor shall any stockholder ever be held
liable for such contracts, faults or debts
in any further sum than the unpaid bal
ance. IL any, on the stock owned by him
nor shall any mere ~informality In organi-
ration have the effect of rendering this
I Oh orfnr mill n y rnndarinU any SnhGGrlhQr
or stakeholder liable beyond the unpaid
amount. II any. remaining due on his
stock.
No stakeholder in his organization
can ever sell the stock owned by him In
this corporation, or any part thereof
without first offering the same in writ
ing to the other stockholders. through
the Board of Directors, at its then booi
value, who will have the first option Il
purchase the same, and In the event Of
the death of a stakeholder, the right Ii
hereby reserved to the remaining stock
holders to purchase said stock at Ii;
then book value.
ARTICLE TX. This corporation ii
organized under the laws of the Stat,
of Louisiana. and especially Act No. 70
of 1914, and the subscribers hereto. FOL
themselves and said corporation and FOL
its officers. directors and stockholders
hereby accept as part of this charter
and as conditions of this corporation al
the rights, powers, privileges and i'm
munities granted to corporations, ant
granted to and conferred upon officers
directors and stockholders of corpora
tions by said laws and said act; sucl
acceptance being as full, complete AM
binding as IL said rights, powers, priv
i,eSes and immunities were set forth a
length in this instrument.
Thus lone ano passed In my notaria
Office in the City of New Orleans afore
In In tha nraeanao AZ HnlCar a. kOhnE
aid Walter Carroll, competent witnesse
of lawful age and residing in this city
who hereunto subscribe their names. to
gether with said parties and me, Notar!
on the day and date set forth In Tn
, caption thereof.
) Original signed)
Names of subscribers omitted)
I Witnesses:
ANDREW R. MARTINEZ,
: HOLGER G. KOHNKE.
w. w. YOUNG.
- Notary Public.
/. the undersigned Recorder of Nor
: cages in and for the Parish of Orleani
e State of Louisiana, do hereby certif
that the above and foregoing act OF II
e corporation of FOREST & RI PLAN
= TATION, INC, was this day duly n
4 corded in my office in book 126S, folio =
New Orleans. La, March 81. 1922.
ROBT. SCOTT,
Deputy Recorder.
/ / hereby certify the ABOVE anu ior'
? going to be a true and correct copy
\ the original act of incorporation
q FOREST & MORO PLANTATION. INC
. together with the certificate Of the X
4 corder Of Mortgages, on file and OF recor
I in my office.
In faith whereof I hereunto set m
hand and seal this thirty-frst day
K March, A. u. 1922.
W. W YOUNG.
Notary Public.