The herald., 1922-06-01

CHARTER.

upon their face a brief reference to
the rights herein established in favor
of the stockholders.
ARTICLE Vino stakeholder shall
ever be held liable or responsible for
the contracts. faults or debts of said
corporation. nor shall any mere inform
ally in its organization have the
effect of rendering this charter null.
or of exposing a stakeholder to any
liability beyond the unpaid balance due
on the shares owned by him.
ARTICLE VIII-This act of incor-
pOration may be changed, modified. or
altered. or this corporation may be dis
solved, with the assent of the stock
holders owning twO-thirds OF all the
stock of the corporation, at general
meeting convened for that purpose
and after at least ten days notice of
this meeting has been given, in writ
ing, through mail, addressed to each
stakeholder, at his last known place of
residence. In case of dissolution, by
the expiration of this charter or other
wise. the stockholders shall elect three
liquidatorS from among their number
To liquidate and settle the business and
affairs of the company. In case of
disability of any one of said commits
siOners or liquidators. the survivors or
remaining HquidatorS shall appoint "A
successor To him. The said liquidators
shall have full power to settle said
cOmpanyS debts, and divide the re-
naming money and property among
power TO meet and act under the by
laws of the corporation and under
regulations to be made by a majority
of said liquidators; to fix the price
and prescribe the terms of sale of said
property and the manner in which the
sale shall he made, and to take notes
and bonds, secured by mortgage or
otherwise, for part of the purchase
price for all or any part of said prop
erty, provided, however. that the rights
herein conferred upon the liquidatOrs
may be modified, changed or denied by
a majority of the shares of the capital
stock of the corporation. The said
liquidatOrs shall have authority to
sue for and recover the debts and
proper in the name of the corporation
and may be sued by the same name
and they shall be liable in soldo to
any creditor or stakeholder for the
monies and property of the corpora
ton, which shall come into their hands
or possession as liquidators and for the
proper application and distribution
thereof.
ARTICLE IX-MOre than fifty per
cent of the stock of this corporation
has been subscribed at the time of the
signing of this charter. as follows, viz:
sam Goldman, care of Octavia Apart
ments, New Orleans, l62 shares; Abra-
ham Goldman, 2ll6 Brainard Street,
New Orleans, l6l shares; julius Gold
man, 1919 ;. Liberty Street New Or
leans. l share.
be held in May, 1928, the following shall
constitute the first Board of Directors.
viz: Sam Goldman. President: Abraham
Goldman, Nice-PTesfdent: and julius
Goldman, Secretary Treasurer.
Thus done and passed in my office
on the day, month and year, first above
written, in the presence of Frank T..
Twomey and Joseph l.. Weiss, compe-
tent witnesses, who have signed with
the appearers and me, the notary, after
reading the whole.
(Original Signed):
Sam Goldman. l62 shares; a Gold
man, l6l shares; julius Goldman,
share; +. b. Twomey. J. l.. Weiss
FELIN J. DREYFOUS.
Notary Public.
!. the undersigned Recorder of Mort
cages in and for the Parish of Orleans.
do hereby certify that the above and
foregoing Act of Incorporation of the
Goldman Realty Co, Inc, was this day
duly recorded in my office, in Book
1868, Folio 3l1.
New Orleans, May 6. 1922.
CSigned) ROBT. SCOTT,
Deputy Recorder of Mortgages.
\ true copy from the original act.
FELL y J. DREYFOUS(
Notary Public.
205 l.. & L. x q. Building.
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