The herald. [volume] (New Orleans, La.) 1905-1953, 1922-12-28
CHARTER.

be as follows: President, President
Secretary Treasurer.
The first Board Of Directors and tn
officers of this corporation snail be- N
following. and which said Board o
! Directors and officers shall serve unit
the election to be held the second Mon
day in January. 1923, or until their sue
ceSsorS are elected and qualified. Tn
addresses Of said directors and officer
are set opposite their respective names
| Harry II. FOrst. President, New Orleans
/ Louisiana; Herman II. HeitZner. Vice
/ President, New Orleans. Louisiana; JOSEPH
VI. Heating, Sr. Secretary Treasurer, New
| Orleans, Louisiana.
ARTICLE VII. The Board of Director
shall have the right to fill all yaraucic
| occurring in their number. whether re-
suting from death, resignation or other
IwiSe. The Board of Directors Is special,
vested with the power to purchase an,
acquire property, business or good viii
or all Of these, from individuals. hrm
or other corporations. as said Board &"
/ Directors may deem advisable and proper
! for such price and on such terms an'
conditions as they may deem fit. and {,
pay therefor in full paid stock Of thi
lrorporation. or otherwise. rms power u
purchase and acquire shall be exercise
| bv said Board of Directors without tn
| necessity of reference to the stakeholder
for authority, and the personal Interest,"
of the stockholders or directors shall no
diSqualify them or either or them IN any
| the corporation in any such matters
things or otherwise.
ARTICLE VIII The annual meetnl
of the stockholders Of this corporation
for the election Of directors shall be- held
on the second Monday in January 81
each wear commencing with the secnn.
Monday in January, 1873, until WhWt
time the officers and directors named u
this charter shall continue in ofhce. 81
until their successors have been elected
D Tod
directors shall be by ballot. and tn
majority in amount. whether IN person
or by proxy, shall elect the persons toI
whom they are east. Each share OF stock
voted upon, to be counted for but one
vote. Said stock shall not be entitled Il
cumulative voting.
ARTICLE IN. The Board of Directors
is further authorized To frame and adopt
such BYLAWS. rules and regulations a'
the affairs and business of the cOrpor-
alton may require and il may deem nee
essary for the conducting ana manage
ment thereof; provided the same does mol
conflict with this charter and the law,
of the state of Louisiana, and those OF
the United States of America; to name
and appoint managers, nix their compen,
Sation and FERNS of employment. as well
as name and appoint agents and EN-
ployees as in its discretion may seem nj
and proper. as well as to fix the salaries
and terms of employment of the officers,
employees, clerks and assistants.
ARTICLE y. No stakeholder shall
ever be held liable or responsible for
the contracts. faults or debts of this
corporation. nor shall any mere infOr-
mality in its organization have the eject
Of rendering this charter null or OF OK
posing its shareholders to any liability
beyond the unpaid balance due on the
stock owned by them.
ARTICLE Nj The names and adj
dresses of the subscribers To these art-
cles of Incorporation and the number OF
I'D l.W- alah nr.n
as follows: Harry II. Forst. subscribed
S1O.OOO00, paid in cash S2.OOO.OO. New
Orleans; Herman r. Heitzner, subscribed
Si000.00. paid in cash S2,3OO.OO, New
Orleans; Joseph NJ Heating, Sr., sub
scribed 100000, paid in cash 100000,
New Orleans.
ARTICLE MI. All stockholders meet
ings for the election of directors. as above
stated, shall be held after fifteen days
written notice mailed to each stakeholder.
Other stockholders meetings may be held
when ordered by the Board of Directors.
or when requested by at least twenty
five per cent of the outstanding stock.
Notice of all stockholders meetings
given in the manner prescribed for stock
holders meetings for the election OF
directors, unless such notice is waived
by unanimous consent.
ARTICLE MIL This charter may be
amended, altered or changed at a special
meeting called for that purpose. notice
of which is to be given in accordance
with the provisions of this charter, by
the vote of two-thirds of all the stock.
ARTICLE XIV. This corporation may
be dissolved by the vote of two thirds
of all outstanding stock. and upon com
plying with the requirements of Section
2S of Act 267 of the Louisiana Legisla-
ture of 1914. and in the event of such
dissolution. liquidators shall be named
and appointed with all the necessary
powers and authority, all in the manner
and as provided in SAID legislative act.
Thus done and passed in my office on
the day and date first above written, in
the presence of NJ. G. Stein and Gladys
Jene, competent witnesses, domiciled in
this city, who signed these presents,
together with the parties and me. notary,
after due reading of the whole. the par
ties hereto affixing opposite their names
ital stock of this corporation, which
shall constitute the original subscription
list of stock subscribed to this cOrpor-
alton.
Original signed: Harry II. Forst. 100
shares; Herman r. Heitzner. 40 shares;
Joseph NJ. Heating, 40 shares.
Witnesses: NJ. G. Stein. Gladys Jene.
III. W. KAISER.
Notary Public.
l.. the undersigned Recorder of Mort
cages in and for the parish of Orleans.
state of Louisiana, do hereby certify that
the above and foregoing act was this
day duly recorded in my office in Book
1873. Folio 2S6.
New Orleans, Dec. 4. 1922.
ROBT. SCOTT, d. r. NJ.
A true copy:
H. W. KAISER.
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