The herald., 1922-10-26
CHARTER.

said Corporation. in accordance with Lave
Fifty per cent Of said capital -iprL
shall be subscribed before IA. uIIul, a.,
these articles of Incorporation Ou.-hyI,
of said subscribed capital stock shah b,
paid for in cash before the Corp.rarinr
engages in business. and the other u.I,
( within twelve months thereafter a., r,r,-
yided by law.
ARTICLE VII The capital stock may
; be increased 10 two hundred Thousand
dollars tS2OO.OWOOD, in the manner pro-
vidrd by law
ARTICLE NIII.-The cuisines, and affair.
of this Corporation shall Doe managed Ly
a Board Of Directors. consisting of .iy
! 90 Directors, each of whom shall own
one or more shares Of stock i'm his ,,.,.,,
name. who shall be elected auuu1.l, -
the annual meeting Of To" -forhhuI,Iar.
J MI vacancies in the Board Of DIr.rr.r.
! from whatever caus" arising. shall h.
] hlled by the remaining Director. An.
I Director may select any other BIf.-',r ~
act as his proxy to represent him and Ia
vote and act in his behalf al any Ia..iif,.,
/ of the Board of Directors
! The officers of the Corporation ,h.I, L.
| Il President. a Nicc-Prr-id-ut. a Secretary
and a treasurer who shall boz. .I,,.t.l ~.
/ the Board Of Directors Iulaagilf.Iy 80
as soon as practicable after their ,y.,.
election. The office of Secretary and al
Treasurer may at any time b.. CON. tfD.,I
INTO inc olilre OF SECRETARY treasurer and
HI . ala dr..
may at any time appoint or elect .r'n
other officers or agent, as they may d..,T
proper
The first annual mcotiu. shall o.. held
on the nrSt Monday OF October. In fI,
year 1928 until which time. The, I:,.r5 -
Directors named in this charter shall hold
Office, and until their successor, arc
elected and qualified.
The first Board OF Directors. with fh.ir
po-totilc" addresses. are "a, follows. En-
nest V. Richards. liOl Tulane Ave N.,y
Orleans, La; Al Lichtman. J1G FINN 1y,.
man, $40 Fifth Ave. New York civ. y !
Levi VI. Ash, liOl Tulane Ave. New or
leans. La, VIM. IL. Gucriugrr. 1907 tn
lane Ave, New Orleans. La, benjamin +
Schulberg, $40 Fifth Ave- New York Citv.
\. Y; with said Ernest V Richard, AS
President, Al Lichtman rs Yicr-Pre>idrur
Jacob g. Bachman as Treasurer, and l.
VI. Ash as Secretary.
Failure to hold the annual meeting shall
not invalidate this charter. nor Impair
same in any respect, but the directors
ana officers shall continue TO hold office
until their successors are elected and
qualified.
The Board of Directors may adont
alter, amend or repeal such bylaws AS
the Board may from time to time deter
mine not inconsistent with and Subiart IN
such bylaws, rules and regulations as
may be prescribed by the stockholders
IL
ton may be amended, modified or altered
or said Corporation dissolved. with the
consent of the stockholders holding two /
thirds of the capital stock of the Corpora
ton, at Il general meeting of the stock |
holders held for such purpose after fifteen
days previous notice of such meeting
shall have been mailed to such stock /
holders in person TO their last known
postofhce address; which notice, however,
may be waived by unanimous consent
Ten days notice shall be given of all
lther meetings of the stockholders, I'M
less otherwise provided by the stock /,
holders or by the Board of Directors; {
md any and all notices may be at any
line waived by luminous consent. ;
ARTICLE X.-No stockholder shall
'ver be held liable for any obligations {
aults or debts of this Corporation. nor
hall any infOrmality of the mode of in
corporation have the effect of rendering a
he charter null or of exposing any stock {
older TO any liability beyond the unpaid I
'alance due on the shares of stock owned !
" him. i
ARTICLE XI-Whenever this Corpora- /
ion is dissolved, or for any other reason 7
Is affairs shall be liquidated. they shall a
e liquidated by one or more liduidators 7
no shall be elected by the stockholders ,
general meeting convened for such I
urpose. Said liquidator or liquidators !
hall remain in office until the affairs of o
he corporation are fully wound up. and Il
hall receive such compensation, furnish c
uch pond, and have such powers and S
uties as the stockholders may provide V
n case of the death or resignation or d
liability TO act by any of said liquidatOrs $
ne stockholders shall fill such vacancy. Il
ARTICLE NII-The subscribers hereto il
ave respectively written opposite their e
ames the amount of stock subscribed by r.
lem in this Corporation, so that this Act C
incorporation may also serve as the n
riginal subscription list of this Corpora e.
on, and have also stated their postoffce Il
al IN xK-itn Agt
1914. a
Thus done and passed in my Office in 81
lie City of New Orleans State of Lou u
lana, on the day, month and year here al
ce +. Barr and Clarence W. Greenblatt p
'mpetent witnesses of legal age, and re- &c
ding in this city, who have hereunto al
gned their names with said appearers n
I'd me, notary, after due reading of the &C
ORIGINAL SIGNED(: CO
Ernest V. Richards. 1401 Tulane Ave. II
ew Orleans, La, 9S NINETY -eight) shares OF
wi NJ. Ash, 1iOl Tulane Ave, New Or be
ans. La, (one) share; William III. Guer- &C
ger 14Ol Tulane Ave. New Orleans. La, m
(One) share; Al Lichtman. by Ernest V. di
chards. $40 Fifth Ave, New York n. be
9s (ninety eight shares: Jacob g. W
fifth Ave, New York. n. Y, / (one) III
are BENJAMIN p. Schulberg, $40 Fifth al
e. New York. n. Y. 1 (one) share. to
witness: Maurice +. Barr, Clarence W. es
al
CHARLES ROSEN. sa
Notary Public. IN
New Orleans, La. October 8. 1922. IA
Il, the undersigned Recorder of Mort ST.
ges, in and for the Parish of Orleans, ha
ate of Louisiana, do hereby certify that or
? above and foregoing Act of Incorpora- IN
IN of the Al Lichtman Corporation of an
xas, Inc, was this day duly recorded or
my office. in Book No. 1879. folio -. on
w Orleans. Oct. 9th. 1922
(Signed) "ROBT. SCOTT, no
Recorder of Mortgages" he
hereby certify that the above and fore file
ing is true and correct copy of the tn
ginal thereof on file and of record in pc
office in this city. tn
Witness my signature and official seal n.
New Orleans, La, this 9th day of Sill
tober. 1922. is
CHARLES ROSEN, L.
l2-novl6 Notary Public. of
lea