The herald., 1911-02-16
ARTICLE V.

All the corporate powers Of this CORPORA.
ION ShaIl be vested In and exercised by a
BOARD OF directors composed of not les,
s man i've lo) and not more than seven ca
sIoChnoIuers or the corporation, to be elect
ed annually on the second Monday in Jan.
nary, on and after the second Monday In
January, 1912, at the Office Of the corpora.
tioh IN this city; and air such elections
shdlI De by ballot, and each share of stock
issued snail be entitled to one vote by tn,
hOIuer In person, or by written proxy. after
zen DAYS prior notice Of such election and
~ nai eoerf meeting OF stockholders, shall be
ndIeu Dy the secretary to each stockholder
al MS last known address each stockbolder
shall hle with the secretary his address nd
any change therein, and his failure SO TO
do shall be construed as a waiver Of ali
notices. The majority of votes cast Shall
eject, or decide all questions voted upOp.
ana the directors elected, as above nro.
vlded, shall at once elect from among their
NUMBER a President, a Vice President. and
Secretary and a Treasurer; the last two
olnces may be filled by one person. and the
party hlling either OF said offices NAV or
may not be a member Of the Board of Di.
rectors, as the board may determine and
each Board of Directors and Officers ga
elected shall retain their offices until their
successors are duly elected and qualified .
ana any failure to elect said directors, or
ofncers, at the time fixed, shall not inyali.
date or dissolve this corporation. but II
shall be the duty of the directors to cause
another election to be held within a reason.
ape time, after due notices, as above pro
Any vacancies occurring in said board
shall be hiled by the remaining directors for
the unexpired term.
The first Board Of Directors Of this cor
poration Is hereby declared to be Mr.. Hen.
ry w. Hille, Walter J. Turnbull, Leon Lave
dan, George h: Maier and Pierre A. Lelong.
Jr. with Mr.. Henry w. Mile as PRESIDENT
Mr.; walter j. Turnbull as vice-President,
and Mr.. Leon Lavedan as secretary.treas,
urer; which said board and officers shall
retain their respective Offices until the sec
ond Monday In January, 1912, or until their
successors are duly elected and qualif ed
said Board OF Directors shall have the
power to make all contracts for this cor.
poration, and to appoint such representa-.
tives, agents and clerks, and to AZ their
compensations, and discharge same at pleas
ure; no employee shall be considered as
employed by the year unless SO contracted
with In writing; and said board shall de
termine as to what officers shall sign checks.
contracts, ETC., for said corporation.
tThree directors shall constitute a quorum
for the transaction OF all business. provided
the board consists of not more than Eve
directors, and four shall constitute a quo
rum, should said board consist of more thai
i've directors. The number of directors for
the year shall be determined by the stock
holders at the meeting called for election.
ARTICLE vi.
This charter may be changed, altered or
amended, or the corporation dissolved, or
the capital stock Of this corpora ton In.
creased, or diminished at any time BY a
vote of three-fourths of the stock issued at
a meeting of the stockholders called for
that purpose, after forty days prior notice
snall have been sent to each stakeholder at
his last known address, stating the object
Of the meeting.
At the termination Of this charter. either
by Limitation, or otherwise, It's affairs shall
be Iquidated by the then Board Of Direc.
tors, or the remainder of them should any
vacancy occur after said liquidation has
been declared.
ARTICLE VII.
No stockhoAer Of this corporation shall
ever be held liable, or responsible for any
OF the contracts or faults of this corpora
ton, In any further sum than the unpaid
balance due on his stock, and no mere in
formality In the organization hereof shall
have the effect Of rendering this charter
null, or Of exposing any stcokholder liable
hereunder.
Thus done and passed in my ofice at the
year herein first above written, in the pres
ence of Alfred ID. Preston and Leonard
Cline, competent witnesses, who hereunto
sign their names with the said appearers
Original signed: H. W. Hiile, w. J. Turn
bull, L. Lavedan, p. A. Lelong, Jr., Geo. +.
Maier.
witnesses: A. ID. Preston, Leonard Cline.
W. MORGAN GURLEY, Not Pub.
I, the undersigned, Recorder Of Mortgages,
In and for the Parish of Orleans, State Of
Louisiana, do hereby certify that the above
and foregoing act OF Incorporation of THE
SUCCESS PRESSED STEEL STAT CON-
vEYOR COMPANY" was this day duly re-
corded In my office, In book 1913, folio -
New Orleans, January 10, 1911.
(Signed) EMILE LEONARD, by. r.
certify the ABOVE and foregoing to be a
true and correct copy of the original act Of
incorporation Of The Success Pressed Steel
Stat Conveyor Company, together with the
certificate Of the Recorder of Mortgages
thereto appended, on file and of record IN
my notarial office In the City Of New Or.
leans, Louisiana.
W. MORGAN GURLEY,
tSeaD Not. Pub
Jan IL 10 20 feb 8 1911