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ARTICLE OF INCORPORATION OF LABAiLE ROOFING CO., INC. United States of America, State of Louisiana. Pariah of Orleans. lie it known that on this first day of June in the year of our Lord, one thousand nine hundred and twenty-two, and of the Independence of the United States of America, the one hundred and forty fifth, before me, THIUS. V. CIRAVEN, a Notary i'ublic in and for the Parish of Orleans, State of Louisiana, duly com missioned and qualified, and in the pres ence of the witnesses hereinafter named and undersigned, personally came and appeared the several persons whose names are hereunto subscribed, all above the full age of majority, who severally and mutually declared unto me, said Notary. that, availing themselves of the laws of this State relative to the organization of trading corporations, and more especially to Act 267 of 1914 of the legislative actts of the State of l.ouisiana, they have cov enanted and agreed and by these presents do covenant and agree for themselves, their successors and assigns, to form themselves into a corporation and body politic in law for the objects and pur poses and under the stipulations herein after set forth. ARTICLE I. The name and title of this corporation shall be Labarre Itouf ing Company, Incorporated, and as such it shall have and enjoy Osueession and existence by its corporate name for a period of fitty (150) years frolm the date hereof; it shall have the power and authority to contranet, sue and be sued, and make and use a corpoate seal, the same to break and alter at plea:sure; to hold. purchase, lease, sell. mortgsge,. hypothecate or pledge property, real. personal or mlixedt, necetssary, inclidental or proper for the carrying on of its business; to conduct its business in this State and other States and countries of the United Steates and foreign countries; to buy anld hold stock in any other com pany or companliies that may assist this company in its objects and purposes; to make and issue notets alid certificates of indebtednees; to town, hold. use, pur chase or sell letters patent; to name, elect and appoint managers, directors. agents, clerks or other employees to properly conduct its corporate business. and to snake sld establish such by-laws. rules and regtulations as may be found necessary or des.irable for the manage ment of the butsiness and affairs of the crorloration, and generally to do all and every other act. manner or thing neces sary for a complete and proper carrying out of said business to the same extent as natual persons might or could do in any part of the world as principals. agents, contractors or otherwise, alone or in company with others. ARTI'ILE II. The domnicile of this cor poration shall be in the City of New Orleans, Parish of Orleans. Statee of Louisiana, where all citations or other legal process shall be served upon the Presldent. or. in his absence, upon the Vice-President. ARTICLE III. The objects and pur poses for which this corporation is organ ised and the nature of the business to be carried on by it are stated and de clared to be as follows, to-wit: 1. To carry on a general roofing busi neas, including the purchase and selling of all kinds of roofing and roofing mate rials, wholesale and retail, and on com mission, and to lay, erect and construct same, and to enter into any and all con tracts or agreements for the purpose of selling, laying. erecting and construct ing said roofing materials, whether as principals or agents, and to lease, buy, bold and sell all such property, machin ery and equipment, real or personal, movable or immovable, as may be neces sary for the prosecution of said business. 2. To carry on a general business, In cluding the purchase and sale at whole sale and retail of rooing, contractors' equipment, supplies, materials, machin eries and tools, and enter into all con tracts and agreements necessary to the prosecution of said business. 3. To apply for or purchase or other wlae acquire, and to grant licenses for the use of, to sell, assign or otherwise deal in and use patents, patent-rights, privileges, licenses, trademarks, trade James, devices and improved or secret processes of every sort and description necessary and incidental to these pur poses. 4. To represent as agent for the pur poses of distributing or laying roofing or roofing materials, manufactuers. agents or distributors of roofing or roofing ma terials, and to carry on such other busll nees as may be lawful and as may be found necessary or desirable, and such as is generally engaged in by a corpor ation of this kind. ARTICLE IV. CapItal stock of this corporation is hereby fixed at Fifty Thousand Dollars ($50,000.00), divided nlato One Thousand (1,000) Shares of the par value of Fifty ,I)ollsrs ($50.00) each, to be paid in cash or its equivalent In property, good will or service done. The capital stock may be increased to one hundred fifty thousand dollars. No stock. holder shall ever be held liable or respon sible for the debts, contracts or faults of tbls corporation in any further sum than the balance due the corporation on the shares of stock subscribed by him, nor shall the stock be subjected to assess ments. The corporation shall begin business and become a going concern as soon as Thirty Thousand Dollars ($30,000.00) of the capital stock shall have been sub scribed for, and Fifteen Thousand Dol lars ($15,000.00) of the stock shall have been issued and paid for. Whenever it shall become necessary or desirable to dispose and issue any of the remaining authorised stock, each stockholder shall be given an opportunity to purchaso so much of the same at par value in pro orto to his or her interest in the first rty Thousand Dollars ($30,000.00) of stock issued. No stock shabn be sold by any stockholder in this edrporation with out first offering the same to the corpor ation at its then market value. The general meeting of atocasolders shall take place on the second Tuesday of December of the year beginning with tbhe second Tuesday of December, 1922. The President of the company may, whenover ho deema it advisable, call special meetings of the stockholders. At all meetings a majority of stock present and represented shall coanstitute a quorum for the transaction of business. ARTICLE VI. All the corporate pow ers of this corporation shall be vested in sad exercised by a Board of Direc tori composed of three stockbolders, which number may be increased to seven by two-thirds (2-3) vote of stock present and represented at a meeting called for ahat purpose. Until the second Tnesday December. 1922, the following named sas shall constitute the Board of etors of this corporation, to-wit: -aries F. Labarre, 941 Oravler; Jo. A. Craven, 124 8. Lopes; Lonlis N. Lang, 79 Spruce. Thereafter the directors shall be elect ed annually on the second Tueaday of December, beginning with the year 1922. Any stockholder may be eligible for memberbship on the Board of Directors without reward to the number of shares owed by lmi or her. All elections for directors shall be by ballot, and each stockholder shall be entitled to one vote for each director for each share of stock standing in hisl or ber name on the books of the corporation:; each vote may be east either in person or by proxy. A ainllre to elect the diretors on the see and Tusaday of December or annually thereafter shell not work a forfeiture of this ebharter, bat the old Boerd of Direc BREAD We have the best Ir be, inso no Ipa the hlnghet Ipee tor the bet luer. Me o'der t trge n r ke eonaiL H. Martinez, 417 ELmre AERmNU ?m hlm Uask 3. A. Din* W. D. SWE! th MATTRESSES YVE N%-4I T M TOo auu I cm Irm Oii "i weftr h IOW mm pIw V ors M Or ew1g N rkMsms P i° innm_' -_ - h CHARTER tors shall remain in office until their a successors are elected and qualified. Io ARTICLE VII. The Board ot Direc tors shall hold regular meetings at stated I intervals, at such times as shall be fixed In the by-laws of this corporation. These Imeetings shall be held at the domicile of the corporation, but the President may call special meetings of the board at such time as he may deem advisable, and t he shall be required to call such special I meetings whenever requested so to do by a director. Three days' notice of such c spectal meetings shall be given in writ ing by mail to the directors' address. , unless a waiver of notice is signed by the directors. Any vacancies occurring on the board. either from death, resignation or in ability to serve, shall be tilled by the I Itoard of IDirectors at its next meeting t after such vacancy shall have occurred. The first Ihoard of Directors elected - utinder this charter shall be required to I s draft a suitable set of by-laws for the i, Iovernment of the corporation, which Ialy ibe altered, amended or changed as V the esgietn'ies of the case may require. AitTII'IE VIII. The officers of this corporation shall consist of a Presidlnt. Vice-President, and Secretary-Treasurer. .1 cieach of whom shall he a stockholder. I 11tl tihe election to be held by the Board t ,of DIirettors on the ............Tuesday of .................. the following nanied I persons shall constitutie the officers of the crlororation: Charles F. Labarre, l'r,.sident: Joseph A. ('raven, Vice-l'resi- a dent; Louis N. Lang. Secretary-Treasturer. a Al1TI('I.E IX. This charter nmay i." am,-nded, tmodilied or altered. the capital stock thereof inct'reased or deci-reasetd, or the corporation may he dissolved with the assent of two-thirds (2-3) of tile stock present or represnted at any gen- ' er;;l or spei'ial meeting of the stock hohllers held for such lpurpose, after a thirty (.') days' prior notice in writ- 0 Inso to each stockholder or Imaileid to hirm n :t hIls last known postoffie addtlress. and t after ipulicltion for thirty (:30) days in a daily newsltpaper published in tihe ('ity of New O(rleans, and upon coiuplying I with all the laws in such ..ases made and provided. ARITICI.E X. At the expiration of this t ciharter. or thtl earlier dissolutiion of thiss .,or:-oration. Its affairs shall be liquidated r by three commissioners. all of whom l shall hold stock in said conlmpany. and ssaid ornmissloners are hereby vested i with full power andi authority to sell any n and all assets and property, real. per- n sontal or mixed, of this corporation, and ^ to convey full and complete title thereto., and to do and perform any and all atis ess.ential and proper to a full and conm- ii plete liquidation of the affairs of this h tirloration, and to distribute the pro- n coeds. If any. as directed by a special meeting of the stockholders of the cor- f poration convened for that purpose, after a due notlie as provided for herein. a In the event of the death. Inability or resignation of any one or more of 1 said commissioners, the survivor or sur- a vivors shall cntinue to act and be like- d wise vested with all power and authority I as herein mentioned. Thus done and passed in my office in the City of New Orleans. aforesaid, ' the day. month and year first aforesaid. in the presence of Mrs. S. T. Stevenson and R. E. Byrne, witnesses of lawful age. c residing in this parish, who have signed their names with the said parties and h nte. Notary. after reading of the whole. I Original signed: Louis N. Lang. 1 s) shares: Jos. A. Craven. 150 shares; Chas. F. I.ablrre, 300 shares. Witnesses: [ MRS. S. T. STEVENSON,+ R. E. BYRNE. tl THOS. V. CRAVEN. Notary Public. a ch 25--June 29. ARTICLEa OF INCORPORATION OF tl BURNSTEIN-GETZ, INC. a State of Louisiana, Parish of Orleans. I. City of New Orleans. Be it known that iI on this 1st day of the month of June. In the year one thousand nine hundred | and twenty-two (1922), before me. Ber- Ii nard Titche. a Notary Public in and for the parish of Orleans. state of Louisiana, 0o duly commissioned and qualified, and ino a the presence of the witnesises hereinafter aI named and undersigned, personally came n and appeared the several persons whose el names are hereunto subscribed, all above t( the full age of majority, who severally to declared that, availing themselves of the ti laws of the state of Louisiana, particu larly Act 267 of 1914, relative to the organization of corporations, they do by these presents agree and bind themselves. as well as such other persons as may hereafter become associated with them. to form and constitute a corporation for gR the objects and purposes and under the at articles and stipulations following, to- tI wit: pt ARTICLE I. The name, style and title ho of this corporation shall be Burnstein- o Getz. Incorporated. and under that name it shall have and enjoy all the rights, advantages and privileges granted by law to corporations, and shall exist for the full term and period of ninety-nine rp years from this date. It shall have power B to contract, sue and be sued; to make and use a corporate seal, and the same hi to alter and break at pleasure; to hold, of receive.. lease, purchase, sell and convey. as well as mortgage, hypothecate and ple9ge property, real, personal and mixed, he corporeal and incorporeal; to name and 1 appoint such managers, directors, officers, agents and other employees as its In terests and convenience may require, and Jt to make and establish as well as alter - and amend, from time to time. such by laws, rules and regulations as may be necessary and expedient for the proper management and government of the af fairs of said corporation. ARTICLE II. The domicile of this cor- L poration is hereby fixed in the city of New Orleans, state of Loulilana, nnd all 1 citations or other legal process shall be ' served upon the President of this corpor- ti atlon; or, In his absence, upon Its Secre tary-Treasurer. ARTICLE III. The objects and pur poses for which this corporation is estab lished and the nature of the business to be carried on by it are hereby declared to be: To condnuct buaines in the city h of New Orleans for the sale of general merchsandlse, consisting especially of dress goods, ready-to-wear, notions and women as furnishings of all kinds, and to manufacture and purchase such general merchandIse as is ordinarily dealt in by drygoods and department storei. ARTICLE IV. The capital stock of this corporation is hereby fixed at the sum of Fifty Thousand Dollars ($50.000.00), to be dlvded into and represented by U ilve Hundred (I00) shares, in the sam of One Hundred Dollars (t100.00) each. Said stock shall be paid for in cash, at ni such time and after such notice to the subscribers as the Board of Directors p may fix, or the same may be issued at o not less than par for labor done or ser- u vices rendered said corporation. or prop- e erty or rights actually received by slaid * corporation. This corporation shall be h and become a going concern and shall be authorized to commence business when and as soon as Twenty-five Thou. b sand Dollars ($25.000.00) of the capital r stock shall be subrscribed and paid for. q all in accordance with the requirements , of Act No. 267 of the General Assembly , of the state of Louisiana for 1914, and the amendments thereto. ARTICLE V. All the corporate powers a of this company shall be vested in, and em the management and control of its affairs I shall be exercised by. a Board of Direc- t tors composed of faour stockholders. A at majority of said directors shall constitute c a quorum for the transaction of all busi- cc ness. The directors shall be elected an- o0 nually, by ballot. by the stockholder. on the first Tuesday after the frst Men- cc day in each year. Each stockholder shall o be entitled, in person or by proxy, to a vote for every share owned by him, and all eleetions shall be held under osuch rles and regulationas as may be determined by the Board of Directors, after fiteen (15) days' notlee by mal of such eleetion shall have been seat to pc each stockholder at his last hknown ad. o dress. All voting shall be by ballot. a The directors thus elected shall continue Ut in office for one year, or until their sac- t cesaora shall have been duly elected and w qualifiod. No failure to elect shall be regarded as a forfeiture tof this charter. c Ay vacancy occurring on said board t shail be Illed by the remlalng director e. for the unexpired term; the said board w shall likewise elect the additional mem- re bers in sase they should detarmine to qt inrease the number on the seid board. o Said board shall have the riglt to con- c solidate or segregate any two of said m oficesa into one, and to appoint a See- a retary. who sneed not be either a director in or atoekholder, as also the right to ap- to point and dismiss auch elerks, managenrs and other mupyees of the corporation g __________ S _ CHARTER. r as conditions may Justify or the business of the corporation may require. The Itenure of office of all the employees of d the corporation shall be during the pleas dure of the Board of Directors. Any of the directors shall have the right to ap e point, by written instrument. another idirector or stockholder to act as his 1 proxy and in his stead at any and all d meetings of the Board of Directors. Jl The first Board of Dlirectors shall con y slst of four stockholders, and shall be h composed of Joseph Iturnstein. Joseph S(;Getz. Iernard Titsrhe and Irving Freud s, berg. with the said Joseph Iturnstein as y President and thei said Joseph Getz as Secre-tary-Treasurer. 1. TiThe postoffice addresses of sa:id diree t- tors are as follows: Joseph Iturnstein. e 1134 iBroadway. New Ori;lans; Joseph g (ietz. 1012 ('anal street. New Orleans: i. Bernard Tito-he. 1913 Napoleon avenue. ' New Orleans: Irving F-'relldlerw, l:OIt o Elm stree-t. Dallas, Texas. 1 ARITICI.E VI. The' officers of this cor 'h poration shall ble at Presidenlit. a:Ind :a 5 Treasu-rer. andi .a Seretary. blt tihe of . ices of Treasurer alnd Secret:ary mIeay iee Is Illted :I s Se,,r,.tary-Tre:s re.tr. .Irselh Ite urnst-in shall be the first President; r .toseieth Getz. tihe first Secret:ary-Tres urer, and tihey shall hold office unctil Stheir suclll'ceossors aret elected. y .\1TIC'I.t; VIi. Il thie evenet of the I liquidlation or edissolution of thisi coripor f itione . tihe stoc.khll ers r shall ,eleet two liullltiai:tors froml a:mIionie their numblllller. at i- n le-etling convened for that iepurptcse. r. after fifteen (1.1) days' writteln inoetice to e,. each stockhiolder by mail Ito his last Skniown address : said liquidators shall S leate the a rthority to wind t the lhu i h nel s iandl affairs of this c.rpor:ltiolln. e AIITICI.F VIII. This ,charter mtay le n- modifiedl. 'haned or altered. or sail renrlortilon n:al lee tlisslved, with the ,r assent of stockholellers owlning twol-thirdls - of the entire (:pitalil stock at a general n meetinlg of the stocklholtlersa colnvenedll for e that purpose, after flfteen I1.11 daey' in written nli.ce shall have been given to y cach sto.ckholdler. lenailed to hili at hii g last knlown address. e ARTI'I.E IX. No subllscriber for stock shaltl ever bte held liahbl, for the con- s tracts. faults or debts of said corlorn ation in any further suin than the ieun Spai idal:lnce. if anyll. dule thie corpeora n tion on the stock for which he' has sltub i seril.ed: nor shall any stockhloldler ever Sbe iheld liahle for such contrcrts. fiults - or debts in any fulrthler sullm tihan tihe unplaid: balance, if any. on the stock o owned by himnt: nor shall any nlere in Sfrnictllity in or:cnllli7iton have the effect s of rendering this charter ncll or render ing any subscriher or stockholder lialble Sbeyond the unpaid amount, if :lany. re niaining due on his stock. I ARTICI.E X. All sales and other trans fers of any of the stock of this corpor r ation shall lbe void. unless said stock shall have been previoulsly offered to the, lthen existing stockholders through the , Boaerd of Directors at a stllpulated price. and if the hoard, for said storkhiollers. doe-s not see fit to purchase sail stock. then it shall not bie sold at a less pric-e. or upon such favorablel terms. without likewise offering it to the board at such e price and upon such terms. In ease of sale or transfer of stock. the then holders of stock of the saidl company shall have the right to pur chlse said stlcck in the ratio of their Sholdings of stock of the company. This provision shall be written. printed or stamped on each certificate of stock. ARTICLE IXo This corporation isI organized under the laws of the state of Louisiana. and especially Act No. 267 of 1914. and the subscribers hereto, for themselves and said corporation, and for Itt officers, directors and stockholders. hereby accept as part of this charter and as conditions of this corporation, all the rights, powers, privileges and Immuni ties granted to corporations and granted to and conferred upon officers, directors and stockholders of corporations by said laws and said act: such acceptance be t Ing as full, complete and binding as ff said rights. powers. privilege and im- e munities were set forth at length in this instrument. Thus cone and passed in my notarial office in the city of New Orleans. afore said. In the presence of Victor K. Kiam r and Elsie G. Johnson. competent wit ? nesses of lawful age and residing in this P city. who hereunto suhscribe their names. together with said parties and me. No tary, on the day and date set forth in the caption thereof. (Original signed: Names of subscribers omitted) BERNARD TITCHE, Not. Pub. A true copy. I. the undersigned Recorder of Mort- 1 gages in and for the parish of Orleans. state of Louisiana. do hereby certify that the above and foregoing act of incor- a poration of Burnstein-Getz, Incorporated. I office in book 12118, folio 415. New Orleans, La.. June 14, 1922. (Signed) ROBT. SCOTT, Dy. R. I hereby certify the above and fore going to be a true and correct copy of the original act of incorporation of Burnstein-Gets. Incorporated, together with the certificate of the Recorder of Mortgages, on file and of record in my office. In faith whereof I hereunto set my hand and seal this 17th day of June. t 1922. BERNARD TITCHE, Not. Pub. June 22-July 27 CHARTEIR OF SAENGERg-EHRLICH ENTERlPRIES, f INC. United States of America. State of a Louisiana, Parish of Orleans, City of New Orleans. Be it known that on this 14th day of the month of June. in the year one thousand nine hundred and twenty-two, before me. Charles Rosen. Notary Public, duly commissioned and qualifited in and for the above parish, therein residing, and in the presence of the witnesses hereinafter named and un dersigned, personally came and appeared the several peraona whose names are heretelto subac-rlited. who de'lar.'* that. avalling themselves of the laws of this state in such caseas made and provided. they do hereby constitute themsel'ves. their associates, successors and assigns. a corporation for the objects and pur Sposes, and under the conditions and stlp lations contained in the following arti cles, which they hereby adopt as their I charter, to-wit: ARTICLE I. 1. The name and title of I sid corporatlon shall be Sarenger-Ehrlich a Enterprises, aIce. 2. Its period of duration shall be ninety-nine years from this date. 3. Bald corporation shall have for the purposes of the business to be carried on by it all the powers conferred by law upon corporations, and shall generally exercise all tbe powers necessary to carry 3 on said business. Said corporation shall have full power to contract, sue and be P sued in its corporate name; to make and I buse a corporate seal. and the same to break or alter at pleasure; to hold, re receive, purchase, rent or otherwise nac quire and to convey, mortg.cge. ihypothe crate. lease, sell. pledge or otherwise dispose of property, real, personal and mixed; to Issue bonds, notes or other obliga tlons; to name and employ such man- t agers, directors, officers, agents and other t employees as the Interest and conven ience of the corporation may require:; and to make and establish such by-laws, rules and regulations for the management and control of the business and affairs of the corporation as may be deemed necessary e or proper. ARTICLE II. 1. The domicile of the t corporation shall be in the city of New a Orleans, state of Louisiana. 2. All citations and other legal process shall be served on the President. and, in case of hisb absence or disability, upon the Secretary. a ARTICLE III. The objects and pur- | Iposes of this corporation and the nature 5 of the business to be carried on by it c are hereby declaered to be: To operate c theatres, motion pleture shows and other 1 forms of amusement in this state or else- t where; and in connection with the above I prpoes, to purchase, rent or otherwise r acquire motion picture films and other theatrical supplies or apparatus, and gen- I erally everythlng Incident to or connected 0 with the basinesses above mentioned; to U reat. purchase, build and otherwise ac- * quire land, buildings, equilpment or any b other form of property necessary to or t connected with the buslnesas of theatres, motion picture shows or other forms of amusement. and generally to do all things p incidental to or in any way appertaining e to the above pnrposes. t ARTICLE IV. 1. The authorised cap. b Ital stock of this corporation is hereby Ixed at Two HIndred Thoasand Dollars b (8p0m,N.N). divided into 2m,000 shares of ti the pr wae o One Hundred Dollars 2. lifty per cent (55%) of said amount d shll be sberibed eOrer the illg of d thde artlesr et andrtio ad per cet )l e sid eieelbed e aR ibe l ba e otrpeestle en-s the I blses, an the rema.i dar CHARTER. as amounts and nlanner as the board of di e rectors may deterlmine. f 3. The capital stock may be increased 'I to Five Hundred Thousand D)ollare t($00. I 000.00). AIRTICLE V. 1. All the powers of this r corporation shall be vested in and the business and affairs sha:ll be lann:aged Sby a board of six (t6) directors, who .hall be a leeted by the stoc-kholders annuially at tihe annual mecting, which shall lie bl held on the tirst Mondsay of Junle of each h year. The first annuial meeting shall be bheld on the first Monday of June, 12:1 a 2. The officers of this ccrorporation sihall Sconsist of a President, a Vi'e- President. a Secretary, and a Treasullrer, but the stockholderis or the dlire.'tors may elct n. such other officers as they mily deem h lproper andl ix anld etermline tilhe Ilwer and duties thereof. .3. Irnmedite.ly after, or as soon as practic-able after their own election. tiM diirectors shall elect froml among their own lnumber the President. tihe Vi '~ l Prehilent. the N.4 re.t:ary, anld the Tre.as l ur·er of the c.oruoration. 4. The namles and potoffi.e acldrese,.s of the first Ioiard of dire,'tor anl d officetrs a:re as follows. Il .Ili.in II. S:el.aeer. l're.sident. 1401l Tnlh:a te .1 eniellt. Neaw I trleanI s. I.a.; i, larry EhFrlic-h. Vice President. Shrve rt port, La.; Simon Ehrlich. T'rreasurer. c Shrieveport. la.: L. 1.. . -h, .,re-t:iry. it 1401 Till ni aenele. NaNew t rleans. .a. ; EI c V. Rliichard. Jr., Ibire- tor. 140l Tl'n o lane 0cavenue. New Orleians. l.a.; Mose t Irank. i irelItor, ilre.vpoIrt. L.a. Sai fl i,. d e rs ai nd direc-tors shall hold office a until lie first annull l meeting, oar until their succe'ssors are c 'td and alllllJited. . All vaca i"s ina the It:lnar of laire'e -a r laly beI tilled ey the re-lmtiaigr dire - d tors. Any director maiy be re.re.ented at anily leetling of lthe hard by aly other Idirector eor stockholder b written or te.le al graphic proxy. cr . Thet failurae to hold the annual meeting land elect ,lire -tors slhaill not t o affec"t this cerlporation nor impair it l nnacag.elent in any reslpect, but the dirce toers anid offiters in office shall contiuU. L until their . l.ecessors are ite-cted. 7- . The. loa:rd of lirec-tors may make. a- mend or repeal all by-laws, rules er a- regulations whica h they deen proper for a- the re'gull:tien c of the eorpoter:tlion. not il - conslstent with such -laws. rulesat and er reulations as nmaay be nmalde by thei stock ts holders. te n. All elections by the stnekholdera k shall be by ballot, at the office of the - comlpany. in ac.ordance with suchl re-ar at lations as the. Itard of IIirctors may r- determine,. and .t every such election e and at all meetings of the stockholaders iach share. of stock shall he entitled to one vote. to be east by the registered owner atr by his agent or representative . by written proxy. ik ARTICI.E VI: 1. This act of ineorpor a. ation maey be modified. hanged or altered. ae or said corporation ma-y be dissolved. . with the ssent of two-thirds of tle cap ital sto-k outstanding. at a nmeeting of k. the stockholders convened for that purs e. pose. and after fifteen days' written It notice has been delivered in person or Sgiven by letter mailed to theo list known address of each stockholder. The said . notice may be waived by the unanimous el consent of all the stockholders. . In case of the dissolution of the r corporation its affairs shall be liquidated Is by one or more liquidators elected by rthe lmajority dote of the stnekholders. with such powers, compensation and duties as the stockholders may determine. t ARTICLE VII. No stockholder shall Sever be held liable for the faults or con r tracets of this corporation in any further Ssum than the unpaid balance due to the w corporation on the shares subscribed by him, nor shall any monre informality in 1 organization have any effect to render the charter null or of exposing any stock d holder to any liability beyond the unpaid shalaince on his stock. d ARTICLE VIII. The subseritbers here - to have respectIvely written opposite If their names the amount of stock sub - scrlied by them in this corporation, so Is that this act of Incorporation may also serve as the original subscription list of ' the eorporation. and they have stated their postoftice addresses. so as to con n form with Act 267 of 1914. Thus done and passed at my office in the city of New Orleans. state of Louis- i Iana, on the day, month and year herein first above written, in the presence of n H. H. C. Wedemeyer and Eugene M. Clarke. competent witnesses of the full age of majority and residing in this city. who have hereunto signed their names with said appearers and me. Notary, after due reading of the whole. Original sign,-d: Julian H. Saenger. 1401 Tulane avenue. New Orleans. La.. 499 . shares: L. M. Ash. 1401 Tulane avenue. New Orleans. La.. 1 share: E. V. Rich ards, Jr.. 1401 Tulane avenue. New Or Sleans. La.. 1 share: Simon Ehrlich. by L. M. Ash. Shreveport. l.a.. 2l0 shares; Harry Ehrlich. by TL. . Ash. Shreveport. L.a., 250 shares: Hose Frank, by L. I. Ash. Shreveport. La.. 1 share. Hit. HI. P. WEDEMETER. f E. M. CLARKE. f CHARLES ROSEN. r Notary Public. New Orleansa. a, June 14. 1922. I. the undersigned Recorder of Mort gages in and for the parish of Orleans. state of Louisiana. do hereby certify that the above and foregoing act of incorpor ation of the Saanger-Ehrllch Enterprises. aInc.. was this day duly recorded in my office in book No. 12EB. folio - S(Signed) ROBT. SCOTT. Recorder of Mortgages. I hereby certify that the above and foregoing is a true and coret copy of the original on file and of record In my ,office in this city. Witness my signature and official seal at New Orleans. La.. this 14th day ofi SJune, 1922. CHARLER ROSEN. Notary Public. ' June 22-July 27 AMENDMENT TO CHARTER OF W. . OG. cOYLE CO., INC. United States of America. State of Louisiana. Parish of Orleans, City of New Orleans. Be it known that on this fifteenth day of the month of June. in t:: e ye r of our Lord. one thousand. nine hundred and twenty-two. and of the Independence of the United States of America. the one hundred and forty sixth, before me, Selim B. Lemle. a Notary Public, duly commissioned and Squalified in and for this city and the parish of Orleans, therein residing, and . fin the presence of the witnesses herein Safter named and undersigned, personally came and appeared R. D. Reeves and R. A. Lee, who declared that at a general meeting of the stockholders of W. G. Coyle & Co., Inc., a corporation organ Laycock, a Notary Publlc in and for the parish of East Baton Rouge. of date SDecember 28. 1911. and recorded in book 38. page 251, of the records of saId parish, and amended by act before Robert Legler, a Notary Public In and for the parish of Orleans, of date De cember 28, 1912, recorded in book 40. folio 301. of the records of the parish of East Baton Rouge. and amended by act before Selim B. Lemle, a Notary Public lin and for the parish of Orleans, of date December 30, 1920. recorded In book 12441, folio 773, of the records ofe the parish of Orleans. and In book 2. tfolio 141. of the records of the parish of East Baton Rouge. they were elected re spectively president and secretary of the said stockholders' meetlng. as will appear by a certifled copy of the mlnutes annexed hereto for greater ret erence. and that the said R. D. Reeves and R. A. Lee. as president and aecre tary. respectively, of said stockholders' rmeetlag were authorized and empowered to appear before me for the purpose of n mending the said charter of W. G. Coyle k Co., Inc. And the saild appearers. as preident and as secretary. respeetively, of the said stockholdera' meetiag and acting In asaid capctitles and *n behalf of said corporation by virtue of the authority conferred upon them at the general meet lIng of the aid stockholders, delared -that the charter of W. 0. Coyle & Co., aInc.. passed before Samuel 0. Laycock. Notary. on the 28th day of December. r1911. and amended by act passed before Robert Jerler. Notary. on the 28th day of December. 1912. and amended by act apassed before ellm B. Lemle, Notary, on the 30th day of December. 1920. has been changed. altered and amenaded so that Article V in its entirety shall read a ma follows: "ARTICLE V. All of the corporate Spowers of this corporation shall be vest med in and exercised by a Board of Diree tors cmpeosed of ive persons, who shall be stockholder, to be elected at the Sannual meetaing of the stockholders to be held at the offce of the company be- : tween the ohears of nane and two o'clock, by a eeomalsioner appointed by the a IBoard of Directora, en the third TLhurs. Sday in January of each year. unles sid day shall be a legnl holiday, when the election shall be bold on the followiag t YI day. fore hoLdngsuch etingnotie i t ten days be the datea o t metng aodes to ectk s toc-a jaem A mlay te ve to eat IN I L.;Fi~i mIemo, ,.i, i CHARTER. l- "'The officers and directors shall serve wit andi continue in office until the annual eait dl mee-tinu next following tleir elei*t iol, or disi i cuntil thcir] suc 'e.ssors shall have been and elected and qualified. lii ' "A fallure to elect directors on tihce, hi i tday ao..ve. speltitied shall loot dissolve,'ies e the cirpi rti. ih i, but in each event tihe . ' a exiting l. ird of i- ir ctors madn y e t ii' hlt I} another election to ti" held at any timet titherc'cfter, hie-riof tcc dcicys' crevious of Snotice ic writing d ishall e give c iy rhe C t r t laen-reld ai stil sc Ih. riino l ler h' -vis er d. i S o liteniis ccc crring in thf r ti ile "Th Boajoritd of ie dirclrc t hrs 1crir ot i it stitict f cllowrccng ftr the' trancca:cctico ci thn m, . ie!s cl ele. c cireom thir nuamcell ca ite ri -it ct er to c iit .1 ait-iiehoir and enroal to icn relrcicct iecnc Vc ccc regsicenr acceeti ci, of thie Tio:rd rof I irr'citort." . e e Tsrc irc utirt tlheir first t , .." t ofic nre T ' , Ione ear. wi. ir tcetiA f1.ollcwicg ichl c aI elle tioni fIi atI R. t e rg. w e d to dhll oIict -ruce their ofmne'r cc fris I .e l resident and gener.ai Manac er and elc.ccc sha er. er e aeci onii icae 'resident, c ander c l lice ticc ier niee yir. ihr tenld o thir le- wtu r s ic heair arse hlae'ic e c ed rle i t li iid f lre I the right. wliicsovfr it ecc it a iciclte rin l* l ti tile t ia elrio lls t t ioell cal t firr c lit i P rhcsid ci cn i c.nrcti, Mniccger cicnct chiit tr. ictn, o erp Td lci.lle r ri . l cclliii c c l eter id r r. Ic erct M no i irt 'l'Tie Itoari ci tiri $lif IS ra , icr'cll acii iace te lirie t toi dilc e n Icositions. ti il "Tit Iulird of Direc- litors toserve il ci tie' thirde Thuriicy Inc .ancnuary. 1923. i i. i9lr " e cnri T ed I l iitrie rch ic. It. i. liReeves. I. N. Hansonii. l. WIt. luhcnan and .c ed iRt. A. Liee.". ter And the i aid letpearers mor-cve'r dC. I- ;Ilciredi tihat in consecuece of the foire going anetd pursunt of to the autrthrity in sal tlcemc vested by the stockholders of sccid tat c In pi y t hey do herebn y formall y det it gclare ani publticly maike known that InI 1cI Sli in the manner pnrcribe carid by law n re io able tilothe end rviins of the chanrter iof the said Wll . en . ir'oylc & r 'o.. Icd t all tin'ei kC. lefore sanuel G;. I.cvicck. Notary 1ub ir lii, of datine ecemtier 2-. 1t11L. arenrdel it or bef-orie ll'rt Lnegier. Notary Public,of the 11 ia date Icecitier 25. 1913. and as amcomne an.c Id by T.ot passed before Stlirn R. m len itn I hi k- Notary Publice of date Derln e.ne th . til 1PY0. has been changed. altercic and ire's rs Anendehd as hereiniove seirt forth and rit he written, anwho they do siherebn thy eirct names.nd - rweire the t saidhe above stand mted changes ir y and a rendments of the charter of l . I.. on Coyle & (C0.. Inc.. be recorded and pubt- Stc re isOrhli in the danner Ipresrited by law. Ier to to the end that the said chancge and sr: ei amendments hereifter and at all times ccon; ye ie as hereinatiove set forthi as regards the cell persona that are now or may here- ohl ir- after iceione stockholders of the afore- vi-l "d said coompany. hb d Thus dec one and passed at my office in p1 Sthe c ity of New Orleans. on the day. stil of onth andl year herein first above writ- .1 er- ten. IU the presence of Ocuactave Lomlih iii en and lrthur A. Moreno. competent wit- chi or neases. who l) erento sign their nmes. it. -n with the said appe3rers and in. Notary. vc I'n after reateing of the iol. State o us original igned: of . Orleaneves. H. A. of eenown that on this S itnesses:of the month po June. the " GI'STAVE T.F.MLE. the 'nied Sa SELI Amer. theML. one nd rt . Kar. Notary Public . duly SReorned in morgage fie, book 1qualied all fol.o 424. four n- (Signed) ROiT. SCOTT. Dy. Rdr. in Per A true copy. hai he (Seal) ELIM . LeansML state off by Notary Public. the in .Tone 29-Acg. 3 c ier CHARTER OF csti id PEERLESS REALTY CO., INC. cun nite Statesnd of America. State of the s Louisiana. City of New Orleans. Parish die of Orleans. Ie it known that on this A b- "0th day of the month of June, in the lAr s year one thousand nine hundred and or o twenty-two, and of the independence of ltot the person States of Ames areia. the onento 'd hundred and forty-sixth, before me. Her- cro °u bertbe. Kaiser a Notary Pulare duy inthat. sworn, commissioned and qualified in in in and for the perish of Orleans state of t aLouisid ana, and in the presente of the in witnesses hereinafter named and under- tioe signed personally cand e and appeared ell as all the persons whose names are hereunto ateubscribedcome who severally deth thlared that poi orm a corporation g theselves of the laws of the and es state of Louisiana in such cases made he er and provided, they have covenanted and toI r. agreed and do by there presents cove- leas nant and acrre and bind themselves, as nmc e, well as all such persons as may here- shil after become associated with them, to ael r- form a corporation for the objects and erae purposes and under the articles and stip- puri ulations following. to-wit: e 't. ARTICLE I. The name of this corpor- era if. ation shall be PEERLESS REALTY CO.. tw INc'.. and its domic'ile shall he in the oth city of New Orleans. state of Louisiana. port This corporation shall have and enjoy ear succession by its corporate name for a cooc period of ninety-nine years from and iels after the date of this act. otle ARTICLE II. The purpose for which pict - this corporation is established and the fudl s nature of the business to be carried on rive at by it are declared to be: To buy and bu r- sell real estate in the state of Louisiana: con' s. ! to construct buildings thereon, and to and cy improve same; to borrow money; to dccc issue notes, bonds and obligations for ing same. and to secure samne by mortgage: sit to lend money and secure same by mort- lur gage. and generally to carry on any law- icnd cc ful business or enterprise connected with tlu Sreal estate, not Incousistent, with the t y constitution and laws of this state. The tati offlicer on whom citation shall be served tro 1 shall be the President. and, in case of cpe Shis abcsence or Inability to act. citation poir shall be served on the Secretary. tine ARTICLE III. The capital stock of for this corporation shall be F~ty Thousand gull Dollars ($130.000.00). divldd into five ger hundred shares of One Hundred Dollars the ($100.00) each. which shall be paid for leo in cash or property, which said capital A o stock may be Increased to One Hundred cor of Thousand Dollars ($100.000.00). This cor- fie is poration shall be a going concern when inte in Thirty Thousand Dollars ($30.00.000) of one d the capital stock shall have been sub- a oi scribed for. the em ARTICLE IV. This corporation shall the have power and authority to sue and be to sued in its corporate name; to make and ive Suse a corporate seal: to hold. receivse. opurchase and convey, under its cor Id porate name. property. both real and 1cm personal: to borrow money. Issue notes. ly bonds and obligaations, and to mortgage p d or pledge same; to name and appoint sha at su'h managers, directors and officers as e ;, its interest and convenience may re-- A . quire. and to make and establish such c.-lc y. hy-laws for the proper management and clcr e retgulation of its affairs, as may be nee- ic1 te essary and proper. hel Ik The businessa and ffalrs of this cor- and id naration shall be managed and conducted ler re by a Board of Directors to be composed cd of not leass than five stockholders, who . shall be elected annually liy ballot. on u o. the third Tuesday in January. to hegin • te wh with the yesr 1923. The following named t S rso shall constitute the Board of at rtors to serve antil their sacessors tli , shall have been duly elected, to-wit: In Emilien Perrin. President: Martin H. ric o Maalion. Vice-President: W. T. Jay. her 2. Treasurer: Frederick D. Conrad. Secre- itl f tarv. Other members of the Board st . Arthur P. Mayer, Miss L. McMains. Mon. sto if ticello W. Jay. The Board may elect and s a Second Vice-President. thtr ce At the first meetlag following eaPh any f. elction the Board of Directors then ente a elected shall elect one of their number I Sto be President. one or more to be Vice- stoc * Presdent. one to be Treasurer and one del d to be Secretary. is f All the corporate powers of this cor- day Ic poration shall be rested in the said deal Board of Directors. who shall have por t power to do all acts of administration. agc' and specifically to sell or to buy real pur c and personal property; to encumber or of I hypothecate and pledae samee; to draw til or endorse bills of exchange. or prom- ato Iaisory notes; to compromise or refer a pi matter to arbitration. and to make trans- of actions In matters of ltligrtlon. and to ake nesuch by-laws or regulatlona as they may deem neesseary, and to amend ' same at pklear. Vaeaces ocecrriang In the Board shall be ailled by the remalilai directors. A 'n majority of directors shall ceantttute i t Sqaorum for Ul tranuactlon of buasiness. All checks, notes, bonda or other obli ga ntlons of this corporation shall be I sIned by the Preident, or. in his ab- ot neen or Imability to act, by the Vice- vis Presildent. couater-alsaed by the Secre- agel - tary or Treasurer. Each share oft ato&lboa aall be etitled to onae vote at all meet- h II lsso stockholdef. baa 0 Notice of electiona. as well as all ao- stat : t0tles of stockholders' meetins, shall be the by three days' written notice addreasned the I. and malled at the poatoface of the cit thuy e *t New Orleans to each atocrholder nt tlte - his last aowna address. place of bual C mld..ra oncdle 'bat uceeilngs of noti a atoel dero aad ot tB oard of Dirc- sa tIl ma*y he kld il lay time by una- t ARTICLE V. This charter may be t CHARTER. Swith the assent of three-fourths of the. I I entire sto'k; and at the ,,pirialon or r dissolution of this charter the hlilinl+ n and affairs of this corIporationi shall h liquidated iby three co nn, si.nntliir5 ip ý iniiteiid for that liurllose ly Ih.' t i k ',holde~r.s: these, oltin issiOnllrs' .shall I.,, vested with full till,' to till Torporl t." Sissetls anid pIrope'rty of saild .rlp ,rati in e both real and pl rs lntl. with full Ipts r 1 to dispose thereof to the b,'st intlr+-!t Sof the stockholders. In the case of death or in ;iilitt- a , if act of either of said conrnis i..n ."rm th others shall he authorized h ..., t. \." s to.kholde.i'ershall er held Ilii". or • responsible fur thlt i.ntllrr.ts ,r f"lnil' i of thisi corliorait-in ilk any turtheiir tan if than the unplaid lintllw duei the e0"rlpir It ation on the lhares of st..rk oft ied I.. o !l ln, no r shall :uiy Imere* Inforualit y :i1 g organizaition haive the ifle't of riind.Irin this charter mill ior of exl.t. hiu . ai' it stockholder to ainy liabiltlly tl .ond the it a itotut of his stork. 1I Thus dtone' aIt ll p't edl at ny ,fim ' f i 'this 'ity, the ti ay, muonth anlI y'ir er liliiboe writteli. in tle ifr'lli'p'e'l," .\rthit I1' . laye-r intl IF. Ii. u'iiir:iul. uiitlij -ututit w 'ltnu.--,. .i ri'.id in g in this 1.1t3 , ot6h ° h.. , , hetireuntlilo - sgli'il lthiilr namitll lo ith :I ii'parers and lie. Notairy. :ifltr in. rTi ii ill of the whole. Original signed : I' rnilien Perrin. Pli t shares. $10i.00 0.0 ::111 liaroitune st r-et. N.e ,t Orlea;ns, ],a.. N',V T. Jaiy. 11111 >hatr.-, $ l I !).I I41 4.IN . : 7. S t . i . it it i . m ereiti . N .u w t ii lea n s. L i.t : M :artin II .M:1 lio n . l14 -h a r , $p nINMl..41 , ;t1in .Mairine liank buildine. N .n d I trle<anl. Lta. 1Vir iless., : .i ITIII It 1'. MA EIT. F'. I t. t'1 º\ItAI.U º II. W. KAIISERI, Not. PI',, st u.lln : -. hu-A l' .lialRTER Ol F 1i.%I%.' tiE S iMiIIl I' ('t.ilPANY. INC. nitelidl Stlates of .ierli I. St late of L.li- it i tin . 'Pari-h oif Oirleansli. ity of N 0u. i ir I.n :mis. Iv it know n. that ..[I this +ixtee0 th .il-1 of tit.- Moi th if I F"hrliary. in thie i .ar of our Lord. one thousand. nine hllulnr ie ;llan d tw e n ty -tu n , iln d o f th e I lld e -n d i 'n."." .f th - I 'n ited S tap es ..f A m .i ri °'l, th e nill.: f hundred and forty sixth : lIfore roe. iei ry P. lI art. J.r., a u .tary publitc, dul. I S omnlv iissio led and qualified. inl and f ,r lhiis city and the Purish of lirlani.. lter Iin resding. and in the prese'"-e of the wit l nes.es hereinftl er unined and Unld.eri ,Ih-igned. personaily ca'lne and appeared .ithe Sperisons whose unities are her-ntolh -ilt . sicritbedi, who idecilredl that availing th.-nli sIlives iof the ,provisions ofi the law. oif th State. relative to thlie oirganizatiton of i.tr pornttions. they tare cot"""ven:inted a.111 ii .'red aind doili by tl.hese presentsil. u1eivtilit siand agrie.e, hild. form and eiilitit llt thlemsilvesh', ias well as suth other persinsi twlio ia y hiereafter join or i 'nti ilti - 'a tO-I ciated with them. iilto a - corpoiiration ililI holty politli" in Itiw. for the obljelss till n puirpolis, and undetr the agreement; tiiand stipulatiilions following. to-wit: AltTII'I.E I The tinie iand style of Stlii icorlporatioin ishall lie taxaiSi Steam-n hpli I' iillipay. lIni.. tnid uider this ntiuie i. t slihall lihave aind tenjiioy all the rights, lid V vantages and privileges granted by l:iw to ctrporations: it slhall exist for a iportidl * of nminety-nine lyears, it shall niav, power to contract, ilet tland be sued in its ,'r piratle nmet: tO nmalke and Use Ia corporate setil. alnd the same to break or alter ati pliasure: to thold. recelve, purichase. i-on rey. mortgage. hypitthea'te, or ipldlge Uroiperty both real and personal; to itssue bondst. notes and other oblilgations; to purchalse, acquire and own stocks. londs and seturiies in other corporations: to have' and employ managers, directors. I offliers. agents and other employees, as the iunterests and convenienc'e of said cor pir:ation nlay require; and to maike and establish such by-lawnt, rules and regu lations for the corporate management and contriol of the affairs of said corporation. f as may be deenmed necessary and expe h dient. S AltTI('LE II-The domitile of the said icorporation shall be in the City of New tOrleans. Parish of Orleans. State of I.ouisiana. and citation and other legal e priecess shall be served oi the presidenut iand in his albsence on the vice-presideut, In c'ase of the death of the president of this corporation or in the event of his in ability to act as such. his duties and fun. tions shall devolve upon, and be fulfilled Slby the vice-president. ARTICLE III-The objects and pur poses for which this corporation is or e ganized and the nature of the business to be ctarried on lby it are hereby decla.red I to be: To construct, purchase, charter. - lease, hire, or otherwise acquire, and to a man. equip. maintain and operate. steam - ships, steamboats, towboats, ferry boats. sailing vessels, barges and other water I craft of whatever description for trans - piirtatihg and towagte of freight and pas selngers for hire and to engage in a gen - eral transportation business, upon and be. tween i;iai'es on rivers, lakes, bays and Sother ners and upon the high seas. to ports and lplaces in foreign countries, sand carry itu a general express business. in I conuileiton with the operation of staid ves I sels; lito construct purchase, lease, hire or otherwise acquire warehouses, landing plaies, i'anals, docks, wharves and other Sfa'ilities and to improve navigation on rivers. bayous and other waters, as the Sbusiness of the company may require: to construct, hire, lease or otherwise acquire and to operate dry docks and floating duc'ks, suitable for handling and repair ring vessels, and to build and repair ves - a .is of every desu.ription; to construct. Spurirhase, hire, lease or otherwise acquire tmand operate on land. omnibusses, autimo liles, truoks, teams and vehicles of ei-vry nature aid description for the transpor tation of freight and passengers, to tmnill I fromn the landing places of the vessils tiperated by stid company, and suth other tpoints .is the board of directors niut" fromm time t, time determine to be necessary for the buoiness of said conmpany i:id gI'nerally to do and perform all things germaine and incident to. or usual in. the bisiniss and affairs herecnabrve ani r lhorizd. I ARTICLE IV-The capital stmok of this I 'orporttiiin is hereby fixed at the sum of live thousand ($5t.000.00) dollars. divided into fifty 4'u0) shares of the liar value of one hundred ($100.00) dollars each, whiu'h shares shall be paid for in cash. or in the purchase or exchange of property, and the said capital stock may be increased to the suni of one hundred and twenty live thousand ($125,000.00) dollars. All shares of stock shall be full paid and non as.sesamille. No transfer of sti'k shall lie binding upon the corporation, unless made upon its books and all certificates of stock ,hall be signed by such officers as may be designated br the board of directors. ,All tocmk in this corporation shall be h,-Id uliiin a condition precedent, and un I der contract and agreement in the nature - 'tf vested rights that all such stork is so held and possessed subject to th.* rules and provisions for the transft.r of seamue I hereinafter set out, towit: (II No sale or other tran.fmr of sha'es of stock tn this corporation shall be valid uitil and unless the opportunity has been lirst iftlorded the ahareholdlers of retord I at the date of such transfer, sale or other ali.'nation. to purchase such stocks at I hook value, plus twenty-five per cent. the value to lie as'ertained in the manner herein preseribed. The right to ai'quire said stock hereby first vested in the other sto'kholders of record shall follow the stock into any hands to which it may pass and may be exercised against the holders thereof within ninety days from the time any sale or transfer has bwen offered to be entered on the books of the corporation. it shall be the duty of any holder of stock In this corporation who intends or desires to sell, transfer, alienate or other wise dispose of the same to give ten days' written notice of such intention or I desire to the board of directors of the cor poration. who are hereby comatituted agents of the other stockholders for the I purpose of such notice, and said board of directors shall give immediate inform ation thereof, in writing, to all the other stockholders of record. Before the ex piration of the ten days from the reieit of said notice by the board of directors. any shareholder of record, may offer ti purchase, and may acquire the right to purchase, said stock by notifying the board of directors in writing and there _after shall deposit the price of said stock in cash with the corporation on or before the expiration of eighty days from the - last mentioned date. Upon the receipt of the first mentioned notice, the board of directors shall ad vise the persoa owning said stock, his agent or representative, to join with said board In giving the value of said stock. which value ahall be established on the basis of the last annual or semi-annual statement or report of the corporation and the last monthly trial balance preceding the date of such notice, and the value thus found and established shall consti tute the book-value ef said stock. It wtthin twenty-four hours after such notice to the owner, his agent or repre sentative, does not Join with the board in establishlng the price or value of the stock, the beard may proceed without farther delay to Ix the said value, uas e the rpt sad trial balance store for t perpse, which writinge are declared to be ecoelesive eviiene for and against all pautes ti interest .a the peemisese,wbethe the vales is established aw he m~m us a the owner, his .sgatm .r. .t .l, ni- .~'i f th de es r it of the , , 'ar il fol r t lt r,, ; , .,f i trh r tor i 1r,. o wner of t1 t _" i., ' I,r ....t 0n fte t " . ,,t the Periodi d ,, 1 I,.! . I1 in the. . :i', '" . r,'ir,...entin . .et'ýl " or ah, toItt r " !",' . .. tranlsmt--, r' iM *r,?" t .. .. , r.,ij,,11. .,' la tort *,.* h. .".r.,, Best at* r u .. .. ,* , and , riel r hard off I r , , . I, I ,I, I dr~ p T h ,M 1. ', t i~ t he- ,r. and,,- o t tr 'I ! , + u .. .. I I - rrt to Rgyt if 1 , t " ., ,, . "i n t i a nf eed S r I 't to of tiformation * I*- ,df dait h ll q I . ', * r t f h ireinfr, te 4h If . 1r . qri n1 optstl t.,gi'L. .harein ilrý\t.r1C "TIcn heitp"& . r- ,I'" r-Ii, I'" r fll I tok ell Si, r.,, d . his rLil lvights r,, I. ', t,-,it- , ; that t e. *,1 ir or le, i al rep S ,..,. . h I... shall t ot l. r -ad -tto, k unless the *sh1 . ;. .. I, i..n l hall l Ilade G ti t.. '-h r-t\ of the oiderli. iritg it -r all of the in# I \' , rll-tiafes of stack i L ri f . rig,' ill the tb t ili hI iu. till favoir of the - 1'1' .1.. . V .... the .. o .r to r,.l.li transfer, p e l r , allor an palrt of the g it 'r"i" ..1 I , it h.a'j of d e 4i r- *f it-."." . ht:~Li,:,lers, a masaju., " . s al c tlii't te i q eru fqete I I, tii f e.ull Obiilsiies0 The ia1 le ...I' annua,'llly by the 'i ti liIie i t i i t e held n tiis5 S iiy .i..r the first Sanday of SIn the n.iith of Januarsay,l it r lri-ti. i by three days na~l , to li , , stok khold ilers. Eac '. all b 'l-titl.ai in penrse by a-to a inot for every ehare Ownaly it lt lh etsons shall be held t i l.r gandt regulations as tWa i d mi ii l the board lir of direts L rector. tw lit, elecated, shallc4 votie for one yeasr, and lsad i-,sears have beeon duly ebeeo f Salifiel, No failure to elect It a thi forfeiture of this eih vaany iwiurring on this Slvby the retainlinag d irn uipired t!erln. The beard d a, t its tirst meetltn alt Lo selecit out of its nmller, a and one or more vlce-preeldlntsA t , elect a secretary-tresaw, tl t. however, be a memlber ol" I- T , rshleint shall have the t S.list aii, dismiss the cekrt ai lea ee of said crpratieesa A ý ,- . and as the istered s), to t the same may demand le msy authority by prsy. Asy being sik or absent or abut 1 fn.- Itf shall have the lim i y written instrument, asslth o st'kholdaer to aet u bIs Isuh a o at any and all eaih If Thd of directors darl in first board of directors Ni shall be composed of the fesu Serons. who shall serve sat t r, t held in 1923, namely: a f Iturte. president. New Orle~ I Sit. Sirera. vice-president, M it La. '. J. Everett, secretary, Iw] I. leas. La. AITI"'LE VI-The fans 1s It poratlon shall be depeeited lab in a bank or banks to le il board of directors. All he er other Instruments drawn, an ssed. In the coperatlhe's mss h . shall be signed by the pi a Sthe vice-president, sad the a Strasurr. No officer shall his indors the name of the11 0 trtly In its concern. ARTICLE VII-Ne steiheMs r l liable or responsiobis I f:uts or debts of the eupum shall any mere informalt I h tion have the elfect a nlaAM arter sul:. or of expsing deto liility beyond the i a e on the shares sweal W ARTICLE VIII-This act ofa Sion may be changed, i lld. tere. or this corporatlien I r solved, with the consent o Wf hlers owniing two-thirds oaf i r this corporatlon, at a isnI a onveed for that prpess4 s al I Sleast three days' written nibI S eetlng shall have been (lw S il. addressed to eaIch sain his last known place o NiS ae of dissolution by the ali this charter, or otherwis, I. ars shall elect a liqaildiA! ' own number, whei s I ority to settle and wini Wi and affairs of the s and conditions a. si - n for such services. shi i- a iset of election, In as i sability of said 0 dator before the Uqi.i rs of the corporatiss. I, to the vacancy may he gU stockholders. tTI('LE IX-Any and .il d s provided for by ti e 'aived by the nnalnea stockholders or dirtig S sr prohibited by lw. ATIC'LE X-The names e - a esse of the suberinbfl ini stock of this corMeil . numer of share iuhltfibM IF - te are as follows: ares A. Btrthe, NW s ; W. B .81rera, N har: C'. J. Everett, NW i done and pased. in e i at the Ctity of NW in the presenace d A e. comrpetet witasif. 11"and residing in thi dg unt uslashrllbs their anu parties and me. nlsIl, .* date set forth in ihe Wtnesses: it. ewis. 5. h a Iu;IN SIGNED): 'las. A. Burthe, W. eal): HENsar Ihenry P. Dart, Jr., rt that the above s r and .orrcct copy at " iration of Olatza pn. Inc'.. passed inift'e eowhich is4 on file in myF t~a'all: H 'ENRY eun --Aug. 3. ailagher's SWaP Transfer Ca . 8ie, 1154 bgld aO *SW - Stars Steasm Scol gawhla.