The herald., 1922-07-13
CHARTER

.,..-...... anu agents sges
'"''i'eure Of m. as Tie g.
require, 10 maxi said .tss
i' ~. rules and re pnq ests66.,e$
'-rH'Ht II the csllatiOns - 3
"r''.,-.ry and prov9lpOfatiOn% i
change or alter 'Vper, and q !
I '"i r,riorm al! acts p..ssasurs
-, ,t "'-rsSary to c = and thine
"", I..r"ses Of AIRY OF 3 =
Article II. ais aS eorpo;,s
,.--. process shall citaus,@
l'"hr Of this ro,oe serysS +
nua DO r5>s ", 80 upon The 1 :, Il,
a.nt 4,d y,r VI p the abseGe. ' !.
D. Ey Treasurer Of ',,iSIIent, UpSS =
Ai'iIcLE III. Tb ' co'psasS
''>"s for which tbisn he Obje,,
.-ar" and the pst ,S COfpOrs1s, z
j.. '''rei On by /, Of Tie :
~ @ .', l..' and elsa% w We e;, < s
"."I.SaIe or retsp t.
'''dIye' in an al i. nut
l.. "' any and all bra' b,aas'S
. "'' % OF incideptsGG lnessss
In 1',l sci produce belo,,n;e ls,s:
Inns ~ business 49, uglhg IA
.l'iEy anu pro6aru 10 % ~
mission h1 10 carry On a 'SlH
-"a,'i,s and produce. SAD he,
Al. A.EiiCLE ". Thu 49,.
th'' corporation i az I capital q,
4 nous. Au Dollars Troy fls,I
'l'...ea into one nNviVeOog
lars ,SI6S 1T AZ, value of One no
i i Ia cash, or which I ,Oi sAll
p l,,,l,y actually rece ivy 6e in.
PofalIon at its fair ' n0 By 3
Nrht Ok the capital s,oo Sue n l.
ss'4DeI heiore the flinv shan
OF Incorporation. and Of hsS
tAe sand subscriptiop MY NY bs -
9eio1re this corporation SlsI be
l1ed 10 do business snail b,
The capital stock q,
may he increased to On 'Tls eas,
sanu Dollars (slOO,OOOO0Ie h''d'a
No transfer Of s,ooL
on ms corporation upl. ssaa b
. ,Si, on its books aacs Z,
s s. nave the right 10 ~. 40 sSa
Fey any Of his stock in a,asAstsi
70 anyone unless he s5,H Tis eUp,,
NFI,teh ofier to the 9th. atE d
OF this corporation ana S'u1 ESk,s
ton Itself, Offering 70 -. 70 Tie ~
e 100 al The book value the as
T ,oH al The end Of the I S,sos1
year. Such written oss,p 'eSsciH
dressed 10 the then stoctA slal
Sorpor Atlon collectively, ana 1en /
nEered at the office Of ~. 'asl !
1 ne corporation shall t,sns s eoilsa,
10 the then stockhoIdsrs II
OF The StockhOlder deSi,ins Gag %
De Oe distributed pro rata w.. q
otne[ inca stockholders as as.t'i
chase, In the proportion T h .
hOIulhgs or the said stoekSau.ae
ing 10 purchase bear 10 ss.s
aiter ten days from the All. voc
sald written offer TO the c1I
aforesaid, none Of the oth ..'p ,aa
holders shall desire n ~, a,i
stock offered at said NIT uiths
s s.eIe& q, may dispose Of the sS.
ARTICLE V. All the n0v,.
corporation shall be vested go
business Of this eorno,.,,.H
managed and transacted nv ~
directors to be composed q th,s
holders any two Of whom hi
tute a quorum for the trSns, ~. y
business Of this corporation
The Board Of Directors IA
Board Of Directors. shall \.
the stockholders of the u,S 80, -
at a meeting to be held with. ~ !.
from and after the date bs,.S
SAID board shall serve uutil ~.
cesSors are elected and ouaIs.S
The said first Board az M,s-,
an other subsequent Boards n \.
tors shall. Immediately after ~,
election. elect from their own -,
a President, Vice Presidsu. n
secretary Treasurer. all Of vhsn !.
hold their office until their mr...|
are elected and qualifed.
All boards, subsequent to n. NJ
board, shall be chosen At tn ~
of the stakeholder but y !.
Is no such election the old boar =
hold over.
All elections shall be By bsIo 4 n
of1ce Of the corporation, under d, q,
vision Of three commissioner \ h
appointed by the board, whIch c,.n,
sioners need not be stockholdsn 4 n
corporation. Notice Of the anna =
ing OF the stockholders which III n
held on the fourth Monday N Jur
and OF all other meetings Of d, "a
holders shall, unless waived b. M
nous consent, be given BY the Ssrsr
Treasurer, at least fifteen daU pnr 4
the date Of the said meeting, n ur
either in person or BY n,lHu q
notice to each stockholder ct III d
address. At all said nsca
zach stockholder shall be entitN b D
vote for each share OF stock s,inti, j
his name on the books Of the ny1
ton, on the date Of the said mem
Said votes may be cast In peroi d
proxy, and a majority Of votes q
shall elect or determine. Proria n
be in writing.
The failure to hold electioHs Z ]
fleet directors az aforesaid shiA 2
Affect or dissolve this corpofih0l Z
Impair its management In any ~.
but the directors then In Oite q
hold office until their successor .
elected and qualified.
All vacancies ON the Board Of ~
tors, no matter from what 11s =
be filled by the remaining dlrect'n =
he remainder Of the term. A'I .
Der may be represented Of he neni
IF the board by proxy, vhifi -
must be in writing, and whitA
must be a stockholder Of tbs nr
ltion.
ARTICLE vi. This charter ril
lmended, altered or modified +.
'apital stock thereof may be incitlM
decreased at a meeting Of the SOIL
RS duly called therefor, all % pn.
~ the laws Of the state Of Ls1ss :.
low or hereafter TO be enacted ~
Il the liquidation Of this e'p
he liquidation shall be eneclea v =
to be chosen by ~
holders. A,
ARTICLE VII. No stockholcs :
yer be held liable for the eonu, -,
aults Of the corporation IN u! I
um than the unpaid balance "
on the stock Owned y
Tor shall any mere informally ~.
have the enect y !,
ng this charter null or Of 1rJ !
tockholders TO any liability pe's
mount due and unpaid on nls 49, 49, |,
ARTICLE VIII. The su0s a,ss, |,
his charter have written W. .
heir names the amount OF w -
cribed by each Of them IN Inn 80 /
ton, so that this charter ia! -
he original subscription ~ 80 B
orporation. and they have a..I,I !
heir postoffice addresses u IVY
NV. 80
Thus done and passed In ny 4, - =
he day and date aforesaid: u y ~
nee OF 4. +. Fandal and y. d 400
oml etent witnesses, who ~" 4, 8
ubscribed their names WIZ b
and me, Notary, A'
eading OF the whole. n, c,,h "
Original signed:) Jos :;.a ~ a.. 4 ~
rleans, La, 80 shares, SSSo'", -
ina. New Orleans. Lac 0fs,
10000; Jos. W. Beer Wv
a.. l share. $4,000.
Witnesses:
A. f. FANDAL