The herald., 1911-10-19
ARTICLE FIVE"

All powers Of this corporation shall be
vested IN a board Of directors. composed OF
three stockholders said directors shall be
elected annually by the stockholders on the
first day OF February, OF each year, COM
mencing February 1, 1913. At such cleo
ton each stakeholder shall be entitled TO
one vote on each share OF stock held by
him.
In case Of any vacancy on the board. said
vacancy shall be filed by the remaining d.
rectors. The board of directors shall con-
tnue in Office until their successors shall
have been elected and qualified, and their
failure to hold meetings shall not have the
effect Of rendering this charter null. Meet
ings OF stockholders shall be held only after
ten days notice OF such meeting shall have
been given by the secretary treasurer in
writing either in person or by mail, to each
stakeholder ten days prior to said meeting
Any member of the board absent from the
city or unable to attend a meeting may give
his proxy to another director to represent
him at such meeting. The board OF direc-
tors shall Immediately after their election
appoint out of their number president
The first board shall hold office until Febru-
airy /, 1918, or until their successors are
elected and said first board OF directors
shall be composed of James s. Gautreaux,
DIR. Henry Il. Gautreaux, and Mrs. Mary
Saallen Gautreaux, with James s. GautreauI
as president DIR. Henry Z. Gautreaux vice
president, and Mrs. Mary Scallen Gautreaux
secretary-treasurer.
ARTICLE "SIX."
This charter may be amended or the cor
poration dissolved or ordered liquidated by
three-fourths of the stock present and vot-
ing at a meeting OF the stockholders called
for that purpose, after the notice Is given
as above provided for.
ARTICLE SEVEN
Whenever this company shall be dissolved,
either by liquidation or expiration OF char
ter or otherwise, three liquidators shall be
appointed by the stockholders at a general
meeting held after the notice above shall
have been given. The liquidators shall re-
main in office until the full liquidation of
the company, and In case of death or resig-
nation or inability to act Of one of the liqui-
dators the stockholders shall elect a sue
cessor as above provided for, and until such
appointment, the surviving liquidators shall
act.
ARTICLE EIGHT"
No stakeholder shall ever be held respons-
ible or liable for the faults or obligations OF
the company beyond the unpaid balance that
may be due by them on the stock subscribed
by them and no informality In organization
shall have the effect of rendering this char
ter null or of exposing the stockholders to
any liability beyond the said unpaid balance
that may be due on their stock subscrip-
ton.
Thus done and passed, In my office, 317
Carondelet street, this city, on the day,
month and year herein first above written,
in the presence Of Messieurs William Chris
Hanson and John J. McCloskey, competent
witnesses, who hereunto signd their names
with the said appearers and me, notary, the
said appearers writing opposite their names
the number Of shares of stock subscribed by
them, which shall act as the stock subscrip-
ton list.
COriginal signed) James 8. Gautreaux,
ten shares; Mary s. Gautreaux, eighty nine
shares; Henry E. Gautreaux, N. D., one
share. To authorize my wife, Fl. z. eau
treaux. (Witnesses) John J. McCloskey,
William Christensen.
JNo. WAGNER, Notary Public.
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
James Scallen" was this day duly recorded
IN my ONCE In book
New Orleans, La, September 18th, 1911.
(Signed) EMILE LnosARD, ID. r.
A true copy:
(seal) JNo. WAGNER, Not. Psb.
sep IA n % oct u 10 1911